Terra Property Trust (TPTS) Net Margin (2019 - 2026)
Terra Property Trust (TPTS) recorded Net Margin of -86.02% in Q2 2026, up 20.51 percentage points from -106.53% a year earlier.
Terra Property Trust (TPTS) Net Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Terra Property Trust's Net Margin came in at -110.59% as of Jun 30, 2026, down 34.54 percentage points year-over-year; for FY2025, it came in at -78.52%, down 3.73 percentage points from FY2024.
- Annual Net Margin has a five-year change of -88.93 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -74.78% in FY2024 (+8.98 pp), -83.77% in FY2023 (-71.46 pp), -12.31% in FY2022 (+14.19 pp) and -26.50% in FY2021 (-36.91 pp).
- The Q2 2026 figure is the highest quarterly Net Margin since Q1 2025.
- On a year-over-year basis, Net Margin rose in three of the last seven quarters, with an average year-over-year change of +1.41 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 100.38 percentage points in Q4 2022, against a drop of 134.24 percentage points in Q4 2023 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 21.59% |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 20.96% |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 25.03% |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 12.38% |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 48.93% |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 13.01% |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 17.58% |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | -121.54% |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 41.81% |
| 10 | Terra Property Trust | 302.06 Mn | 252.79 Mn | - | -358.08% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -358.08% |
| Jun 30, 2026 | -86.02% |
| Mar 31, 2026 | -468.25% |
| Dec 31, 2025 | -150.20% |
| Sep 30, 2025 | -92.37% |
| Jun 30, 2025 | -106.53% |
| Mar 31, 2025 | -10.32% |
| Dec 31, 2024 | -138.34% |
| Sep 30, 2024 | -63.93% |
| Jun 30, 2024 | -67.47% |
| Mar 31, 2024 | -41.20% |
| Dec 31, 2023 | -137.94% |
| Sep 30, 2023 | -102.15% |
| Jun 30, 2023 | -102.42% |
| Mar 31, 2023 | 3.20% |
| Dec 31, 2022 | -3.70% |
| Sep 30, 2022 | -50.47% |
| Jun 30, 2022 | 8.77% |
| Mar 31, 2022 | -6.29% |
| Dec 31, 2021 | -104.08% |
Terra Property Trust Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=TPTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TPTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TPTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();