Terra Property Trust (TPTA) Operating Margin (2019 - 2025)

Terra Property Trust has disclosed Operating Margin across 7 years of filings, most recently posting 48.75% for Q4 2025.

• Operating Margin for Q4 2025 came in at 48.75%, up 2353.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 3.72% (down 1164.0% YoY), and the FY2025 annual result was 3.72%, down 1164.0% from the prior year.
• Operating Margin came in at 48.75% for Q4 2025 at Terra Property Trust, down from 6.73% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 58.96% in Q1 2023 to a low of 120.71% in Q3 2023.
• The 5-year median for Operating Margin is 15.3% (2022), against an average of 0.78%.
• Across the five-year window, Operating Margin tumbled 9727 bps in 2023 and soared 17485 bps in 2024, its largest moves.
• Terra Property Trust's Operating Margin stood at 55.24% in 2021, then surged by 157 bps to 31.21% in 2022, then slumped by 245 bps to 45.39% in 2023, then tumbled by 59 bps to 72.28% in 2024, then soared by 33 bps to 48.75% in 2025.
• The last three Operating Margin figures came in at 48.75% (Q4 2025), 6.73% (Q3 2025), and 28.36% (Q2 2025), per Business Quant data.