TPG RE Finance Trust (TRTX-PC) Invested Capital (2016 - 2026)
TPG RE Finance Trust (TRTX-PC) reported Invested Capital of $1.1 billion for Q1 2026, down 3.75% on a YoY basis from $1.1 billion in Q1 2025, and down 0.55% quarter-over-quarter from $1.1 billion in Q4 2025.
TPG RE Finance Trust (TRTX-PC) Invested Capital (2016 - 2026) Analysis & Trends
TPG RE Finance Trust has reported Invested Capital for 11 years, with the latest figure at $1.1 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital fell 3.75% year-over-year to $1.1 billion; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (down 3.75% YoY), and the FY2025 full-year result was $1.1 billion, down 4.13% from the prior year.
- Invested Capital for Q1 2026 stood at $1.1 billion, down from $1.1 billion in the prior quarter.
- The five-year high for Invested Capital was $5.6 billion in Q3 2022, with the low at $1.1 billion in Q1 2026.
- Historically, Invested Capital has averaged $1.9 billion across 5 years, with a median of $1.1 billion in 2024.
- Annual changes were most pronounced in 2022 — Invested Capital jumped 276.39% — and 2023, when it tumbled 79.78%.
- TPG RE Finance Trust's Invested Capital stood at $1.4 billion in 2022, then fell by 17.84% to $1.1 billion in 2023, then dropped by 0.96% to $1.1 billion in 2024, then dropped by 4.13% to $1.1 billion in 2025, then decreased by 0.55% to $1.1 billion in 2026.
- The last three Invested Capital figures came in at $1.1 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 16.27 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 12.18 Bn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 6.99 Bn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 215,000.00 |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 3.89 Bn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 2.72 Bn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 2.34 Bn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 2.60 Bn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 1.73 Bn |
| 10 | TPG RE Finance Trust | - | - | - | 1.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.06 Bn |
| Dec 31, 2025 | 1.07 Bn |
| Sep 30, 2025 | 1.08 Bn |
| Jun 30, 2025 | 1.09 Bn |
| Mar 31, 2025 | 1.10 Bn |
| Dec 31, 2024 | 1.11 Bn |
| Sep 30, 2024 | 1.12 Bn |
| Jun 30, 2024 | 1.12 Bn |
| Mar 31, 2024 | 1.12 Bn |
| Dec 31, 2023 | 1.12 Bn |
| Sep 30, 2023 | 1.14 Bn |
| Jun 30, 2023 | 1.25 Bn |
| Mar 31, 2023 | 5.33 Bn |
| Dec 31, 2022 | 1.37 Bn |
| Sep 30, 2022 | 5.63 Bn |
| Jun 30, 2022 | 5.36 Bn |
| Mar 31, 2022 | 1.47 Bn |
| Dec 31, 2021 | 1.59 Bn |
| Sep 30, 2021 | 1.49 Bn |
| Jun 30, 2021 | 1.49 Bn |