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 shares outstanding
Diluted shares outstanding: the weighted share count used for earnings per share, adjusted for stock splits.
TPG RE Finance Trust's shares outstanding was 78M at Jun 30, 2026. For fiscal 2025 it was 79M, down 0.6% from the year before. Over ten years it grew 9.2% a year on average. The highest annual figure on record is 82M in fiscal 2021.
Annual shares outstanding
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 79M | -0.6% |
| FY2024 | Dec 31, 2024 | 80M | +3.0% |
| FY2023 | Dec 31, 2023 | 78M | +0.4% |
| FY2022 | Dec 31, 2022 | 77M | -5.4% |
| FY2021 | Dec 31, 2021 | 82M | +6.6% |
| FY2020 | Dec 31, 2020 | 77M | +5.4% |
| FY2019 | Dec 31, 2019 | 73M | +15.4% |
| FY2018 | Dec 31, 2018 | 63M | +16.3% |
| FY2017 | Dec 31, 2017 | 54M | +30.9% |
| FY2016 | Dec 31, 2016 | 41M | +26.0% |
| FY2015 | Dec 31, 2015 | 33M | – |
Quarterly shares outstanding
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 78M | -2.7% |
| Q1 FY2026 | Mar 31, 2026 | 79M | -3.3% |
| Q4 FY2025 | Dec 31, 2025 | 77M | -1.8% |
| Q3 FY2025 | Sep 30, 2025 | 79M | -3.1% |
| Q2 FY2025 | Jun 30, 2025 | 80M | -0.9% |
| Q1 FY2025 | Mar 31, 2025 | 82M | +5.0% |
| Q4 FY2024 | Dec 31, 2024 | 79M | +1.1% |
| Q3 FY2024 | Sep 30, 2024 | 81M | +4.7% |
| Q2 FY2024 | Jun 30, 2024 | 81M | +4.5% |
| Q1 FY2024 | Mar 31, 2024 | 78M | -0.3% |
| Q4 FY2023 | Dec 31, 2023 | 78M | +0.4% |
| Q3 FY2023 | Sep 30, 2023 | 78M | +0.4% |
| Q2 FY2023 | Jun 30, 2023 | 77M | +0.3% |
| Q1 FY2023 | Mar 31, 2023 | 78M | -4.5% |
| Q4 FY2022 | Dec 31, 2022 | 77M | -5.6% |
| Q3 FY2022 | Sep 30, 2022 | 77M | -5.6% |
| Q2 FY2022 | Jun 30, 2022 | 77M | +0.4% |
| Q1 FY2022 | Mar 31, 2022 | 82M | +1.4% |
| Q4 FY2021 | Dec 31, 2021 | 82M | +6.8% |
| Q3 FY2021 | Sep 30, 2021 | 82M | +4.8% |
| Q2 FY2021 | Jun 30, 2021 | 77M | +0.3% |
| Q1 FY2021 | Mar 31, 2021 | 81M | +5.5% |
| Q4 FY2020 | Dec 31, 2020 | 77M | +3.0% |
| Q3 FY2020 | Sep 30, 2020 | 78M | +5.6% |
| Q2 FY2020 | Jun 30, 2020 | 77M | +3.6% |
| Q1 FY2020 | Mar 31, 2020 | 76M | +12.0% |
| Q4 FY2019 | Dec 31, 2019 | 75M | +10.8% |
| Q3 FY2019 | Sep 30, 2019 | 74M | +15.3% |
| Q2 FY2019 | Jun 30, 2019 | 74M | +22.9% |
| Q1 FY2019 | Mar 31, 2019 | 68M | +13.1% |
| Q4 FY2018 | Dec 31, 2018 | 67M | +10.6% |
| Q3 FY2018 | Sep 30, 2018 | 64M | +9.6% |
| Q2 FY2018 | Jun 30, 2018 | 60M | +23.7% |
| Q1 FY2018 | Mar 31, 2018 | 60M | +24.7% |
| Q4 FY2017 | Dec 31, 2017 | 61M | +25.9% |
| Q3 FY2017 | Sep 30, 2017 | 59M | +43.3% |
| Q2 FY2017 | Jun 30, 2017 | 49M | – |
| Q1 FY2017 | Mar 31, 2017 | 48M | – |
| Q4 FY2016 | Dec 31, 2016 | 48M | – |
| Q3 FY2016 | Sep 30, 2016 | 41M | – |