TPG RE Finance Trust, Inc. (TRTX)

NYSE: TRTX · Real-Time Price · USD

7.73

0.00 (0.00%)

Aug 31, 2026, 4:00 PM EDT - Market closed

TPG RE Finance Trust Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	132.25	132.24	148.97	-73.52	-28.03	161.94
Revenue Growth	-4.57%	-11.23%	-	-	-	51.04%
Operating Income	58.45	53.73	74.73	-123.4	-72.83	123.82
Net Income	43.16	45.48	59.67	-130.91	-73.64	70.71
Earnings Per Share	0.55	0.57	0.75	-1.69	-0.95	0.87
EPS Growth	-15.63%	-23.76%	-	-	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	65.58	87.61	190.16	206.38	254.05	260.64
Total Debt	3,505	3,289	2,569	3,039	4,161	3,708
Net Cash (Debt)	-3,440	-3,201	-2,379	-2,833	-3,906	-3,447
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-43.95	-40.30	-29.77	-36.52	-50.54	-42.20

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	92.64	90.36	112.13	80.13	100.5	132.17
Capital Expenditures	-	-	-	-	-	-
Free Cash Flow	92.64	90.36	112.13	80.13	100.5	132.17
Free Cash Flow Growth	-0.46%	-19.41%	39.94%	-20.27%	-23.96%	0.06%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Margin	44.19%	40.63%	50.17%	-	-	76.46%
Pretax Margin	44.19%	45.90%	50.17%	158.28%	212.42%	86.21%
Profit Margin	32.63%	34.39%	40.05%	-	-	43.66%
FCF Margin	70.05%	68.33%	75.27%	-	-	81.61%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.960	0.960	0.960	0.960	0.960	0.880
Dividend Per Share Growth	0%	0%	0%	0%	9.09%	-14.56%
Dividend Yield	12.42%	11.82%	13.42%	19.72%	21.63%	12.22%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	14.09	14.82	11.53	-	-	13.43
Forward PE	7.32	7.97	7.82	21.27	6.50	9.88
P/FCF Ratio	6.41	7.46	6.14	6.31	5.23	7.18
PS Ratio	4.49	5.10	4.62	-6.87	-18.75	5.86