Terra Property Trust (TPTS) Operating Margin (2019 - 2026)
Terra Property Trust (TPTS) reported Operating Margin of -82.92% for Q2 2026, down 54.56 percentage points from -28.36% a year earlier.
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Analysis
Terra Property Trust (TPTS) Operating Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Terra Property Trust's Operating Margin came in at -33.38%, down 33.56 percentage points year-over-year; for FY2025, it came in at -3.72%, down 11.64 percentage points from FY2024.
- Operating Margin has a five-year change of -50.72 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 7.93% in FY2024 (+43.98 pp), -36.05% in FY2023 (-55.18 pp), 19.13% in FY2022 (+2.48 pp) and 16.65% in FY2021 (-30.36 pp).
- The Q2 2026 figure ranks as the lowest quarterly Operating Margin since Q3 2023.
- Year over year, Operating Margin gained in three of the last seven quarters, with an average year-over-year change of +5.10 percentage points.
- The high point for year-over-year Operating Margin in five years was Q3 2024 (a gain of 174.85 percentage points); the low point was Q3 2023 (a drop of 97.27 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 15.28% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 19.75% |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 12.63% |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 62.13% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Terra Property Trust | 355.37 Mn | 289.20 Mn | - | -82.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -82.92% |
| Dec 31, 2025 | -48.75% |
| Sep 30, 2025 | 6.73% |
| Jun 30, 2025 | -28.36% |
| Mar 31, 2025 | 32.79% |
| Dec 31, 2024 | -72.28% |
| Sep 30, 2024 | 54.13% |
| Jun 30, 2024 | 6.28% |
| Mar 31, 2024 | 31.96% |
| Dec 31, 2023 | -45.39% |
| Sep 30, 2023 | -120.71% |
| Jun 30, 2023 | -37.47% |
| Mar 31, 2023 | 58.96% |
| Dec 31, 2022 | 31.21% |
| Sep 30, 2022 | -23.44% |
| Jun 30, 2022 | 41.52% |
| Mar 31, 2022 | 23.88% |
| Dec 31, 2021 | -55.24% |
| Sep 30, 2021 | 45.92% |
| Jun 30, 2021 | 36.92% |
API Access
Terra Property Trust Operating 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=operating-margin&ticker=TPTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TPTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();