TPG RE Finance Trust (TRTX-PC) EBT (2016 - 2026)
TPG RE Finance Trust (TRTX-PC) reported EBT of $19.1 million for Q1 2026, up 38.3% on a YoY basis from $13.8 million in Q1 2025, and up 369.12% quarter-over-quarter from $4.1 million in Q4 2025.
TPG RE Finance Trust (TRTX-PC) EBT (2016 - 2026) Analysis & Trends
TPG RE Finance Trust has reported EBT for 11 years, with the latest figure at $19.1 million in Q1 2026.
- For the quarter ending Q1 2026, EBT rose 38.3% year-over-year to $19.1 million; the trailing twelve-month figure through Mar 2026 stood at $66.0 million (down 7.57% YoY), and the FY2025 full-year result was $60.7 million, down 18.78% from the prior year.
- EBT for Q1 2026 stood at $19.1 million, up from $4.1 million in the prior quarter.
- The five-year high for EBT was $36.4 million in Q4 2022, with the low at -$114.5 million in Q3 2022.
- Historically, EBT has averaged -$1.3 million across 5 years, with a median of $13.8 million in 2025.
- Annual changes were most pronounced in 2023 — EBT sank 1201.13% — and 2024, when it surged 136.37%.
- TPG RE Finance Trust's EBT stood at $36.4 million in 2022, then sank by 82.29% to $6.4 million in 2023, then soared by 63.28% to $10.5 million in 2024, then plunged by 61.42% to $4.1 million in 2025, then soared by 369.12% to $19.1 million in 2026.
- The last three EBT figures came in at $19.1 million (Q1 2026), $4.1 million (Q4 2025), and $22.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 289.00 Mn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 53.48 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 154.24 Mn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | -5.18 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 90.90 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 36.35 Mn |
| 10 | TPG RE Finance Trust | - | - | - | 19.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.05 Mn |
| Dec 31, 2025 | 4.06 Mn |
| Sep 30, 2025 | 22.10 Mn |
| Jun 30, 2025 | 20.76 Mn |
| Mar 31, 2025 | 13.78 Mn |
| Dec 31, 2024 | 10.53 Mn |
| Sep 30, 2024 | 22.26 Mn |
| Jun 30, 2024 | 24.82 Mn |
| Mar 31, 2024 | 17.13 Mn |
| Dec 31, 2023 | 6.45 Mn |
| Sep 30, 2023 | -61.21 Mn |
| Jun 30, 2023 | -69.17 Mn |
| Mar 31, 2023 | 7.56 Mn |
| Dec 31, 2022 | 36.40 Mn |
| Sep 30, 2022 | -114.48 Mn |
| Jun 30, 2022 | -5.32 Mn |
| Mar 31, 2022 | 23.87 Mn |
| Dec 31, 2021 | 44.54 Mn |
| Sep 30, 2021 | 29.56 Mn |
| Jun 30, 2021 | 32.62 Mn |