TPG RE Finance Trust, Inc. (TRTX.PC) stock
TRTX.PCNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as TRTX
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 26, 2026Score 15/3042% below fair value
$15.93−0.25 (-1.53%)
Close on Oct 30, 2026Market cap $499.00MP/E 12.0Yield 14.77%
TPG RE Finance Trust profit margin
Profit margin (net margin) is net income as a percentage of revenue.
TPG RE Finance Trust's profit margin for the twelve months ending Jun 30, 2026 was 40.2%. For fiscal 2025 it was 41.3%, against 48.5% the year before. The highest annual figure on record is 89.0% in fiscal 2021.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 41.3% | −7.3 |
| FY2024 | Dec 31, 2024 | 48.5% | +148.8 |
| FY2023 | Dec 31, 2023 | -100.2% | −58.8 |
| FY2022 | Dec 31, 2022 | -41.4% | −130.5 |
| FY2021 | Dec 31, 2021 | 89.0% | +166.3 |
| FY2020 | Dec 31, 2020 | -77.3% | −153.1 |
| FY2019 | Dec 31, 2019 | 75.8% | −0.2 |
| FY2018 | Dec 31, 2018 | 75.9% | −1.2 |
| FY2017 | Dec 31, 2017 | 77.1% | +1.4 |
| FY2016 | Dec 31, 2016 | 75.7% | +2.6 |
| FY2015 | Dec 31, 2015 | 73.2% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 38.6% | −18.4 |
| Q1 FY2026 | Mar 31, 2026 | 50.8% | +13.7 |
| Q4 FY2025 | Dec 31, 2025 | 11.3% | −19.4 |
| Q3 FY2025 | Sep 30, 2025 | 58.1% | +2.8 |
| Q2 FY2025 | Jun 30, 2025 | 57.0% | −5.9 |
| Q1 FY2025 | Mar 31, 2025 | 37.0% | −6.0 |
| Q4 FY2024 | Dec 31, 2024 | 30.7% | +10.5 |
| Q3 FY2024 | Sep 30, 2024 | 55.3% | +281.9 |
| Q2 FY2024 | Jun 30, 2024 | 62.9% | +274.9 |
| Q1 FY2024 | Mar 31, 2024 | 43.0% | +13.8 |
| Q4 FY2023 | Dec 31, 2023 | 20.3% | −80.3 |
| Q3 FY2023 | Sep 30, 2023 | -226.6% | +134.0 |
| Q2 FY2023 | Jun 30, 2023 | -212.0% | −197.9 |
| Q1 FY2023 | Mar 31, 2023 | 29.2% | −32.5 |
| Q4 FY2022 | Dec 31, 2022 | 100.6% | −15.9 |
| Q3 FY2022 | Sep 30, 2022 | -360.5% | −435.5 |
| Q2 FY2022 | Jun 30, 2022 | -14.1% | −94.9 |
| Q1 FY2022 | Mar 31, 2022 | 61.7% | −22.5 |
| Q4 FY2021 | Dec 31, 2021 | 116.5% | +80.5 |
| Q3 FY2021 | Sep 30, 2021 | 75.0% | −4.3 |
| Q2 FY2021 | Jun 30, 2021 | 80.9% | −16.0 |
| Q1 FY2021 | Mar 31, 2021 | 84.2% | +617.9 |
| Q4 FY2020 | Dec 31, 2020 | 36.0% | −42.0 |
| Q3 FY2020 | Sep 30, 2020 | 79.3% | +5.3 |
| Q2 FY2020 | Jun 30, 2020 | 96.9% | +21.2 |
| Q1 FY2020 | Mar 31, 2020 | -533.7% | −609.1 |
| Q4 FY2019 | Dec 31, 2019 | 78.0% | −0.1 |
| Q3 FY2019 | Sep 30, 2019 | 74.0% | −1.6 |
| Q2 FY2019 | Jun 30, 2019 | 75.7% | +0.3 |
| Q1 FY2019 | Mar 31, 2019 | 75.5% | +1.0 |
| Q4 FY2018 | Dec 31, 2018 | 78.1% | −0.6 |
| Q3 FY2018 | Sep 30, 2018 | 75.5% | +1.9 |
| Q2 FY2018 | Jun 30, 2018 | 75.4% | −2.9 |
| Q1 FY2018 | Mar 31, 2018 | 74.4% | −3.1 |
| Q4 FY2017 | Dec 31, 2017 | 78.7% | +0.4 |
| Q3 FY2017 | Sep 30, 2017 | 73.6% | −0.6 |
| Q2 FY2017 | Jun 30, 2017 | 78.3% | – |
| Q1 FY2017 | Mar 31, 2017 | 77.6% | – |
| Q4 FY2016 | Dec 31, 2016 | 78.3% | – |
| Q3 FY2016 | Sep 30, 2016 | 74.2% | – |