TPG RE Finance Trust (TRTX-PC) Total Non-Current Liabilities (2017 - 2026)

TPG RE Finance Trust (TRTX-PC) reported Total Non-Current Liabilities of $3.4 billion for Q1 2026, up 19.33% on a YoY basis from $2.9 billion in Q1 2025, and up 2.16% quarter-over-quarter from $3.3 billion in Q4 2025.

TPG RE Finance Trust (TRTX-PC) Total Non-Current Liabilities (2017 - 2026) Analysis & Trends

TPG RE Finance Trust has reported Total Non-Current Liabilities for 10 years, with the latest figure at $3.4 billion in Q1 2026.

  • For the quarter ending Q1 2026, Total Non-Current Liabilities rose 19.33% year-over-year to $3.4 billion; the trailing twelve-month figure through Mar 2026 stood at $3.4 billion (up 19.33% YoY), and the FY2025 full-year result was $3.3 billion, up 27.59% from the prior year.
  • Total Non-Current Liabilities for Q1 2026 stood at $3.4 billion, up from $3.3 billion in the prior quarter.
  • The five-year high for Total Non-Current Liabilities was $4.2 billion in Q4 2022, with the low at $2.5 billion in Q3 2024.
  • Historically, Total Non-Current Liabilities has averaged $3.2 billion across 5 years, with a median of $3.1 billion in 2023.
  • Annual changes were most pronounced in 2022 — Total Non-Current Liabilities soared 327.63% — and 2024, when it plunged 31.69%.
  • TPG RE Finance Trust's Total Non-Current Liabilities stood at $4.2 billion in 2022, then fell by 26.86% to $3.1 billion in 2023, then retreated by 15.31% to $2.6 billion in 2024, then rose by 27.59% to $3.3 billion in 2025, then rose by 2.16% to $3.4 billion in 2026.
  • The last three Total Non-Current Liabilities figures came in at $3.4 billion (Q1 2026), $3.3 billion (Q4 2025), and $3.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Non-Current Liabilities (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 122.00 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - 106.28 Bn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 54.66 Bn
4 Rithm Capital 5.08 Bn 4.78 Bn - 43.79 Bn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 15.85 Bn
6 Dynex Capital 2.58 Bn 1.80 Bn - 21.61 Bn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 19.10 Bn
8 Ellington Financial 1.67 Bn 1.39 Bn - 18.23 Bn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 8.79 Bn
10 TPG RE Finance Trust - - - 3.40 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.40 Bn
Dec 31, 2025 3.33 Bn
Sep 30, 2025 2.98 Bn
Jun 30, 2025 3.07 Bn
Mar 31, 2025 2.85 Bn
Dec 31, 2024 2.61 Bn
Sep 30, 2024 2.53 Bn
Jun 30, 2024 2.57 Bn
Mar 31, 2024 2.70 Bn
Dec 31, 2023 3.08 Bn
Sep 30, 2023 3.31 Bn
Jun 30, 2023 3.76 Bn
Dec 31, 2022 4.22 Bn
Mar 31, 2022 4.02 Bn
Dec 31, 2021 2.58 Bn
Sep 30, 2021 2.84 Bn
Jun 30, 2021 2.92 Bn
Mar 31, 2021 939.32 Mn
Dec 31, 2020 1.91 Bn
Sep 30, 2020 1.83 Bn