TPG RE Finance Trust (TRTX-PC) Share-based Compensation (2018 - 2026)
TPG RE Finance Trust (TRTX-PC) reported Share-based Compensation of $2.1 million for Q1 2026, up 4.01% on a YoY basis from $2.0 million in Q1 2025, and down 52.27% quarter-over-quarter from $4.4 million in Q4 2025.
TPG RE Finance Trust (TRTX-PC) Share-based Compensation (2018 - 2026) Analysis & Trends
TPG RE Finance Trust has reported Share-based Compensation for 9 years, with the latest figure at $2.1 million in Q1 2026.
- For the quarter ending Q1 2026, Share-based Compensation rose 4.01% year-over-year to $2.1 million; the trailing twelve-month figure through Mar 2026 stood at $9.9 million (up 46.24% YoY), and the FY2025 full-year result was $9.8 million, up 53.12% from the prior year.
- Share-based Compensation for Q1 2026 stood at $2.1 million, down from $4.4 million in the prior quarter.
- The five-year high for Share-based Compensation was $4.4 million in Q4 2025, with the low at $932000.0 in Q3 2022.
- Historically, Share-based Compensation has averaged $1.8 million across 5 years, with a median of $1.7 million in 2024.
- Annual changes were most pronounced in 2024 — Share-based Compensation plunged 41.18% — and 2025, when it surged 131.58%.
- TPG RE Finance Trust's Share-based Compensation stood at $1.5 million in 2022, then jumped by 111.66% to $3.2 million in 2023, then sank by 41.18% to $1.9 million in 2024, then surged by 131.58% to $4.4 million in 2025, then tumbled by 52.27% to $2.1 million in 2026.
- The last three Share-based Compensation figures came in at $2.1 million (Q1 2026), $4.4 million (Q4 2025), and $1.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | -6.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 6.69 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 8.00 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 559,000.00 |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 4.42 Mn |
| 10 | TPG RE Finance Trust | - | - | - | 2.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.10 Mn |
| Mar 31, 2026 | 2.10 Mn |
| Dec 31, 2025 | 4.40 Mn |
| Dec 31, 2025 | 4.40 Mn |
| Sep 30, 2025 | 1.39 Mn |
| Sep 30, 2025 | 1.39 Mn |
| Jun 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | 2.00 Mn |
| Mar 31, 2025 | 2.02 Mn |
| Mar 31, 2025 | 2.02 Mn |
| Dec 31, 2024 | 1.90 Mn |
| Dec 31, 2024 | 1.90 Mn |
| Sep 30, 2024 | 1.14 Mn |
| Sep 30, 2024 | 1.14 Mn |
| Jun 30, 2024 | 1.70 Mn |
| Jun 30, 2024 | 1.70 Mn |
| Mar 31, 2024 | 1.67 Mn |
| Mar 31, 2024 | 1.67 Mn |
| Dec 31, 2023 | 3.23 Mn |
| Dec 31, 2023 | 3.23 Mn |