TPG RE Finance Trust, Inc. (TRTX)
NYSE: TRTX · Real-Time Price · USD
8.00
+0.08 (1.01%)
Aug 11, 2026, 4:00 PM EDT - Market closed
TPG RE Finance Trust Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | 44.91 | 60.32 | 74.34 | -116.63 | -60.07 | 138.55 |
Depreciation & Amortization | 10.51 | 12.72 | 15.99 | 3.58 | - | - |
Provision for Credit Losses | 11.95 | 13.87 | 4.15 | 189.91 | 172.98 | -16.62 |
Stock-Based Compensation | 9.93 | 9.81 | 6.39 | 8.03 | 5.05 | 5.76 |
Other Adjustments | -0.38 | -5.95 | 2.47 | -5.61 | -8.06 | 3.21 |
Changes in Accrued Interest and Accounts Receivable | 1.57 | -1.92 | 4.78 | 11.4 | -17.05 | 1.79 |
Changes in Accounts Payable | -1.02 | 0.26 | -3.37 | -1.93 | 8.73 | 0.09 |
Changes in Accrued Expenses | 0.53 | 0.11 | -3.2 | 4.03 | -0.14 | -4.43 |
Changes in Other Operating Activities | 1.52 | 1.14 | 10.59 | -12.65 | -0.96 | 3.87 |
Operating Cash Flow | 92.64 | 90.36 | 112.13 | 80.13 | 100.5 | 132.17 |
Operating Cash Flow Growth | -0.46% | -19.41% | 39.94% | -20.27% | -23.96% | 0.06% |
Investing Activities
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 |
Net Change in Loans Held-for-Investment | -542.89 | -823.01 | 444.25 | 1,025 | -602.22 | -397.27 |
Capital Expenditures | -9.75 | -6.14 | -5.32 | -5.36 | -5.06 | - |
Sale of Property, Plant & Equipment | - | 39.44 | - | 75.43 | 154.72 | 54.37 |
Other Investing Activities | - | - | 1.58 | - | - | - |
Investing Cash Flow | -552.64 | -789.71 | 440.51 | 1,095 | -452.56 | -342.9 |
Financing Activities
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 |
Long-Term Debt Issued | 3,370 | 4,018 | 514.45 | 610.98 | 2,825 | 2,043 |
Long-Term Debt Repaid | -3,383 | -3,283 | -991.24 | -1,742 | -2,368 | -1,728 |
Net Long-Term Debt Issued (Repaid) | -12.67 | 735.4 | -476.79 | -1,131 | 457.01 | 314.58 |
Repurchase of Common Stock | -24.75 | -25.35 | -0.04 | - | - | - |
Net Common Stock Issued (Repurchased) | -24.75 | -25.35 | -0.04 | - | - | - |
Issuance of Preferred Stock | - | - | - | - | - | 201.25 |
Repurchase of Preferred Stock | - | - | - | - | - | -247.49 |
Net Preferred Stock Issued (Repurchased) | - | - | - | - | - | -46.24 |
Common Dividends Paid | -77.19 | -78.5 | -77.85 | -75.83 | -80.29 | -79.09 |
Preferred Share Dividends Paid | -12.59 | -12.59 | -12.59 | -12.59 | -12.59 | -19.19 |
Other Financing Activities | -19.26 | -21.83 | -1.91 | -3.63 | -18.79 | -17.96 |
Financing Cash Flow | 359.79 | 597.13 | -569.18 | -1,223 | 345.34 | 152.1 |
Net Cash Flow
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 |
Net Cash Flow | -100.21 | -102.22 | -16.54 | -47.3 | -6.72 | -58.63 |
Free Cash Flow
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 |
Free Cash Flow | 82.89 | 84.22 | 106.81 | 74.76 | 95.44 | 132.17 |
Free Cash Flow Growth | -7.22% | -21.15% | 42.86% | -21.66% | -27.79% | 0.06% |
FCF Margin | 57.48% | 55.02% | 66.69% | 64.23% | 60.31% | 77.10% |
Free Cash Flow Per Share | 1.05 | 1.06 | 1.34 | 0.96 | 1.08 | 1.62 |