TPG RE Finance Trust, Inc. (TRTX-PC) Net Margin (2016 - 2026)
TPG RE Finance Trust's (TRTX-PC) quarterly Net Margin came in at 64.72% in Q2 2026, up 17839.0% on a YoY basis from N/an in Q2 2025, and down 259.2% quarter-over-quarter from 40.65% in Q1 2026.
TPG RE Finance Trust, Inc. (TRTX-PC) Net Margin (2016 - 2026) Analysis & Trends
TPG RE Finance Trust (TRTX-PC) has reported Net Margin for 11 consecutive years, with 64.72% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 17839.0% year-over-year to 64.72%; the trailing twelve-month figure through Jun 2026 stood at 610.35% (up 587930.0% YoY), and the FY2025 full-year result was 31.13%, down 784.0% from the prior year.
- Net Margin retreated to 64.72% in Q2 2026 per TRTX-PC's latest filing, from 40.65% in the prior quarter.
- Across five years, Net Margin topped out at 194.68% in Q2 2023 and bottomed at 370.95% in Q3 2022.
- Historically, Net Margin has averaged 22.12% across 5 years, with a median of 11.75% in 2023.
- The sharpest annual moves came in 2022 and 2023: Net Margin plunged 43756 bps in 2022, then jumped 42788 bps in 2023.
- Over 5 years, Net Margin stood at 49.11% in 2022, then sank by 83 bps to 8.36% in 2023, then soared by 138 bps to 19.89% in 2024, then slumped by 97 bps to 0.54% in 2025, then tumbled by 12099 bps to 64.72% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 64.72%, 40.65%, and 0.54% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -64.72% |
| Mar 31, 2026 | 40.65% |
| Dec 31, 2025 | 0.54% |
| Sep 30, 2025 | -36.30% |
| Jun 30, 2025 | -243.10% |
| Mar 31, 2025 | 26.90% |
| Dec 31, 2024 | 19.89% |
| Sep 30, 2024 | -28.37% |
| Jun 30, 2024 | -130.77% |
| Mar 31, 2024 | 33.54% |
| Dec 31, 2023 | 8.36% |
| Sep 30, 2023 | 56.93% |
| Jun 30, 2023 | 194.68% |
| Mar 31, 2023 | 15.14% |
| Dec 31, 2022 | 49.11% |
| Sep 30, 2022 | -370.95% |
| Jun 30, 2022 | -22.79% |
| Mar 31, 2022 | 53.03% |
| Dec 31, 2021 | 89.13% |
| Sep 30, 2021 | 66.61% |
TPG RE Finance Trust, Inc. Net 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=net-margin&ticker=TRTX-PC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "TRTX-PC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=TRTX-PC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();