Trinity Capital (TRIN) Total Debt (2020 - 2026)
Trinity Capital (TRIN) reported Total Debt of $1.02 billion for Q2 2026, up 78.6% from $569.81 million a year earlier and up 40.8% from the prior quarter.
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Analysis
Trinity Capital (TRIN) Total Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, Trinity Capital posted Total Debt of $721.76 million, down 5.6% from FY2024.
- Total Debt has a five-year compound annual growth rate of 18.4% (FY2020 to FY2025).
- By year, Total Debt came in at $764.67 million in FY2024 (+18.5%), $645.5 million in FY2023 (+4.1%), $620 million in FY2022 (+33.0%) and $466 million in FY2021 (+50.3%).
- The Q2 2026 figure ranks as the highest quarterly Total Debt in data going back to Q4 2020.
- Year over year, Total Debt gained in four of the last eight quarters, with growth averaging 108.4%.
- The high point for year-over-year Total Debt in five years was Q3 2024 (growth of 822.5%); the low point was Q3 2023 (a decline of 27.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $722.61 million (Q1 2026), $721.76 million (Q4 2025) and $693.04 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 35.62 Bn |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 8.59 Bn |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 38.77 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 4,169.25 Bn |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 146.15 Mn |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 2.90 Bn |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 8.11 Bn |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | 38.38 Bn |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 13.04 Bn |
| 10 | Trinity Capital | 1.75 Bn | 1.67 Bn | - | 893.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 893.57 Mn |
| Jun 30, 2026 | 1.02 Bn |
| Mar 31, 2026 | 722.61 Mn |
| Dec 31, 2025 | 721.76 Mn |
| Sep 30, 2025 | 693.04 Mn |
| Jun 30, 2025 | 569.81 Mn |
| Mar 31, 2025 | 566.95 Mn |
| Dec 31, 2024 | 764.67 Mn |
| Sep 30, 2024 | 922.50 Mn |
| Jun 30, 2024 | 772.20 Mn |
| Mar 31, 2024 | 737.50 Mn |
| Dec 31, 2023 | 645.50 Mn |
| Sep 30, 2023 | 377.14 Mn |
| Jun 30, 2023 | 376.42 Mn |
| Mar 31, 2023 | 182.50 Mn |
| Dec 31, 2022 | 620.00 Mn |
| Sep 30, 2022 | 374.26 Mn |
| Jun 30, 2022 | 220.00 Mn |
| Mar 31, 2022 | 134.00 Mn |
| Dec 31, 2021 | 466.00 Mn |
API Access
Trinity Capital Total Debt 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=total-debt&ticker=TRIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=TRIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();