TPG RE Finance Trust (TRTX) Asset Utilization Ratio (2017 - 2026)

TPG RE Finance Trust's (TRTX) quarterly Asset Utilization Ratio came in at 0.03 in Q1 2026, down 15.41% year-on-year from 0.04 in Q1 2025, and down 4.41% quarter-over-quarter from 0.04 in Q4 2025.

TPG RE Finance Trust (TRTX) Asset Utilization Ratio (2017 - 2026) Analysis & Trends

TPG RE Finance Trust's Asset Utilization Ratio history runs 10 years deep, the most recent figure standing at 0.03 for Q1 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 15.41% year-over-year to 0.03 in Q1 2026; TTM through Mar 2026 was 0.03, a 15.41% decrease from a year earlier, with the FY2025 full-year figure at 0.04, down 6.82% from the prior year.
  • Asset Utilization Ratio declined to 0.03 in Q1 2026 per TRTX's latest filing, from 0.04 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.05 in Q3 2024 and bottomed at 0.02 in Q4 2023.
  • The 5-year median for Asset Utilization Ratio is 0.03 (2022), against an average of 0.02.
  • Across the five-year window, Asset Utilization Ratio slumped 158.79% in 2023 and surged 567.33% in 2025, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 0.03 in 2022, then tumbled by 158.79% to 0.02 in 2023, then surged by 360.84% to 0.04 in 2024, then dropped by 16.0% to 0.04 in 2025, then retreated by 4.41% to 0.03 in 2026.
  • Per Business Quant, the three latest TRTX Asset Utilization Ratio figures stand at 0.03 (Q1 2026), 0.04 (Q4 2025), and 0.04 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - -
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 0.03
4 Rithm Capital 5.01 Bn 5.01 Bn - 0.09
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -0.02
6 Ellington Financial 1.63 Bn 1.51 Bn - 0.02
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -
9 Two Harbors Investment 1.27 Bn 987.19 Mn - -
10 TPG RE Finance Trust 664.36 Mn 572.36 Mn - 0.03

Historic Data

Download Data
DateValue
Mar 31, 2026 0.03
Dec 31, 2025 0.04
Sep 30, 2025 0.04
Jun 30, 2025 0.04
Mar 31, 2025 0.04
Dec 31, 2024 0.04
Sep 30, 2024 0.05
Jun 30, 2024 0.01
Mar 31, 2024 -0.01
Dec 31, 2023 -0.02
Sep 30, 2023 -0.01
Jun 30, 2023 0.02
Mar 31, 2023 0.03
Dec 31, 2022 0.03
Sep 30, 2022 0.02
Jun 30, 2022 0.03
Mar 31, 2022 0.03
Dec 31, 2021 0.03
Sep 30, 2021 0.03
Jun 30, 2021 0.03