TPG RE Finance Trust (TRTX) Assets Average (2017 - 2026)
TPG RE Finance Trust's (TRTX) quarterly Assets Average came in at $4.4 billion in Q1 2026, up 15.4% year-on-year from $3.8 billion in Q1 2025, and up 4.81% quarter-over-quarter from $4.2 billion in Q4 2025.
TPG RE Finance Trust (TRTX) Assets Average (2017 - 2026) Analysis & Trends
TPG RE Finance Trust's Assets Average history runs 10 years deep, the most recent figure standing at $4.4 billion for Q1 2026.
- On a quarterly basis, Assets Average rose 15.4% year-over-year to $4.4 billion in Q1 2026; TTM through Mar 2026 was $4.4 billion, a 15.4% increase from a year earlier, with the FY2025 full-year figure at $4.1 billion, up 2.42% from the prior year.
- Assets Average improved to $4.4 billion in Q1 2026 per TRTX's latest filing, from $4.2 billion in the prior quarter.
- Across five years, Assets Average topped out at $5.6 billion in Q4 2022 and bottomed at $3.7 billion in Q3 2024.
- The 5-year median for Assets Average is $4.3 billion (2023), against an average of $4.6 billion.
- Across the five-year window, Assets Average dropped 27.41% in 2024 and increased 15.4% in 2026, its largest moves.
- Year by year, Assets Average stood at $5.6 billion in 2022, then slipped by 22.64% to $4.3 billion in 2023, then fell by 14.74% to $3.7 billion in 2024, then gained by 14.58% to $4.2 billion in 2025, then increased by 4.81% to $4.4 billion in 2026.
- Per Business Quant, the three latest TRTX Assets Average figures stand at $4.4 billion (Q1 2026), $4.2 billion (Q4 2025), and $4.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 137.07 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 116.99 Bn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 62.64 Bn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 53.22 Bn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 19.82 Bn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 19.79 Bn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 20.84 Bn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 22.10 Bn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 10.70 Bn |
| 10 | TPG RE Finance Trust | 664.36 Mn | 572.36 Mn | - | 4.44 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.44 Bn |
| Dec 31, 2025 | 4.24 Bn |
| Sep 30, 2025 | 4.11 Bn |
| Jun 30, 2025 | 4.06 Bn |
| Mar 31, 2025 | 3.85 Bn |
| Dec 31, 2024 | 3.70 Bn |
| Sep 30, 2024 | 3.68 Bn |
| Jun 30, 2024 | 3.76 Bn |
| Mar 31, 2024 | 4.02 Bn |
| Dec 31, 2023 | 4.34 Bn |
| Sep 30, 2023 | 4.72 Bn |
| Jun 30, 2023 | 5.18 Bn |
| Mar 31, 2023 | 5.46 Bn |
| Dec 31, 2022 | 5.60 Bn |
| Sep 30, 2022 | 5.53 Bn |
| Jun 30, 2022 | 5.46 Bn |
| Mar 31, 2022 | 5.37 Bn |
| Dec 31, 2021 | 5.21 Bn |
| Sep 30, 2021 | 5.20 Bn |
| Jun 30, 2021 | 5.24 Bn |