Trinity Capital (TRIN) Invested Capital (2020 - 2026)
Trinity Capital (TRIN) reported Invested Capital of $2.28 billion for Q2 2026, up 53.0% from $1.49 billion a year earlier and up 20.9% from the prior quarter.
Trinity Capital (TRIN) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025, Trinity Capital posted Invested Capital of $1.82 billion, up 14.4% from FY2024.
- Invested Capital has increased for five consecutive years, with a five-year compound annual growth rate of 27.0% (FY2020 to FY2025).
- By year, Invested Capital came in at $1.59 billion in FY2024 (+26.3%), $1.26 billion in FY2023 (+16.4%), $1.08 billion in FY2022 (+18.3%) and $912.53 million in FY2021 (+66.3%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital in data going back to Q4 2020.
- Year over year, Invested Capital has now increased in each of the last 12 quarters, with growth averaging 35.7% over the last eight quarters.
- Over the past five years, the year-over-year growth in Invested Capital ranged from 0.7% (Q3 2025) to 150.8% (Q3 2024).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.89 billion (Q1 2026), $1.82 billion (Q4 2025) and $1.69 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 59.93 Bn |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 18.38 Bn |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 71.63 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 4,288.89 Bn |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 7.92 Bn |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 8.66 Bn |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 24.66 Bn |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | 54.27 Bn |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 26.98 Bn |
| 10 | Trinity Capital | 1.75 Bn | 1.67 Bn | - | 2.22 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.22 Bn |
| Jun 30, 2026 | 2.28 Bn |
| Mar 31, 2026 | 1.89 Bn |
| Dec 31, 2025 | 1.82 Bn |
| Sep 30, 2025 | 1.69 Bn |
| Jun 30, 2025 | 1.49 Bn |
| Mar 31, 2025 | 1.40 Bn |
| Dec 31, 2024 | 1.59 Bn |
| Sep 30, 2024 | 1.68 Bn |
| Jun 30, 2024 | 1.45 Bn |
| Mar 31, 2024 | 1.36 Bn |
| Dec 31, 2023 | 1.26 Bn |
| Sep 30, 2023 | 946.60 Mn |
| Jun 30, 2023 | 858.41 Mn |
| Mar 31, 2023 | 652.17 Mn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | 856.72 Mn |
| Jun 30, 2022 | 678.34 Mn |
| Mar 31, 2022 | 558.04 Mn |
| Dec 31, 2021 | 912.53 Mn |
Trinity Capital Invested Capital 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=invested-capital&ticker=TRIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "TRIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=TRIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();