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T

TPG RE Finance Trust TRTX · USD

Financials · US listing · 🇺🇸 United States

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6.74

-0.15%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Net income

$60.3m

FY2016FY2025

Total assets

$4.41bn

FY2016FY2025

Shareholders' equity

$1.07bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Research and development——$0$0$1$2$0$0$0$0
Operating income$242.7m$276.2m$151.9m$87.9m$139.6m−$136.5m$126.9m$233.3m$172.8m$70.0m
Net income$60.3m$74.3m−$116.6m−$60.1m$138.6m−$136.8m$126.3m$106.9m$94.4m$70.0m
Diluted earnings per share0.770.92-1.50-0.781.69-1.701.651.571.561.14

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$4.41bn$3.73bn$4.21bn$5.55bn$5.22bn$4.91bn$5.89bn$4.53bn$3.36bn$2.67bn
Cash and short-term investments$88.3m$190.2m$206.4m$5.23bn$260.6m$319.7m$866.7m$39.7m$75.0m$103.1m
Total liabilities$3.34bn$2.62bn$3.09bn$4.22bn$3.75bn$3.44bn$4.39bn$3.20bn$2.15bn$1.69bn
Debt$3.95bn$3.12bn$4.25bn$4.29bn$2.93bn$1.88bn$2.02bn$2.11bn$575.8m$3.33bn
Shareholders' equity$1.07bn$1.11bn$1.12bn$1.32bn$1.46bn$1.47bn$1.50bn$1.33bn$1.20bn$970.7m
Shares outstanding78m81m78m77m82m81m76m68m60m61m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Operating income−$6.9m$67.5m$55.5m$70.9m$59.9m$57.5m$55.5m$71.4m
Net income$13.1m$18.9m$4.0m$22.0m$20.6m$13.7m$10.7m$22.2m
Diluted earnings per share0.170.240.050.280.260.180.130.27
Total assets$4.60bn$4.47bn$4.41bn$4.06bn$4.16bn$3.96bn$3.73bn$3.66bn
Cash and short-term investments$65.6m$92.0m$87.6m$93.6m$165.8m$363.0m$190.2m$226.3m
Debt$3.72bn$3.36bn$3.95bn$3.68bn$3.52bn$3.18bn$3.12bn$3.08bn
Shareholders' equity$1.04bn$1.06bn$1.07bn$1.08bn$1.09bn$1.10bn$1.11bn$1.12bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue2.8%—15.7%
Operating income40.3%—8.4%
Net income——0.2%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin75.9%55.0%50.1%67.7%
Net margin19.7%-3.0%-2.6%19.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings11.29.3-4.3-8.77.3-6.312.311.712.2
Price to sales2.02.01.31.76.0-31.09.49.09.7

Share price return

Finished calendar years

202520242023202220212020201920182017
Return8%26%-7%-38%10%-48%12%-6%-0%

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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