TPG RE Finance Trust (TRTX) Cash from Operations (2016 - 2026)
TPG RE Finance Trust (TRTX) posted Cash from Operations of $21.56 million for Q2 2026, down 12.8% from $24.73 million a year earlier and down 12.3% from the prior quarter.
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Analysis
TPG RE Finance Trust (TRTX) Cash from Operations (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cash from Operations at TPG RE Finance Trust was $92.64 million, down 0.5% year-over-year; for FY2025, it came in at $90.36 million, down 19.4% from FY2024.
- Annual Cash from Operations shows a five-year compound annual growth rate of -7.3% (FY2020 to FY2025).
- In prior years, TPG RE Finance Trust's Cash from Operations was $112.13 million in FY2024 (+39.9%), $80.13 million in FY2023 (-20.3%), $100.5 million in FY2022 (-24.0%) and $132.17 million in FY2021 (+0.1%).
- The Q2 2026 figure stands as the lowest quarterly Cash from Operations since Q1 2025.
- On a year-over-year basis, Cash from Operations increased in two of the last eight quarters, with an average decline of 5.9%.
- The strongest year-over-year quarter for Cash from Operations in the past five years was Q2 2024, with growth of 249.4%; the weakest was Q2 2023, with a decline of 77.5%.
- According to Business Quant data, Cash from Operations for the three prior quarters was $24.57 million (Q1 2026), $24.66 million (Q4 2025) and $21.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | -1.21 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 728.46 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 9.25 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 296.16 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 2.42 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 335.15 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.62 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 336.00 Mn |
| 10 | TPG RE Finance Trust | 481.93 Mn | 89.70 Mn | - | 21.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.56 Mn |
| Mar 31, 2026 | 24.57 Mn |
| Dec 31, 2025 | 24.66 Mn |
| Sep 30, 2025 | 21.85 Mn |
| Jun 30, 2025 | 24.73 Mn |
| Mar 31, 2025 | 19.13 Mn |
| Dec 31, 2024 | 25.50 Mn |
| Sep 30, 2024 | 23.71 Mn |
| Jun 30, 2024 | 25.55 Mn |
| Mar 31, 2024 | 37.37 Mn |
| Dec 31, 2023 | 23.22 Mn |
| Sep 30, 2023 | 26.12 Mn |
| Jun 30, 2023 | 7.31 Mn |
| Mar 31, 2023 | 23.47 Mn |
| Dec 31, 2022 | 17.96 Mn |
| Sep 30, 2022 | 17.47 Mn |
| Jun 30, 2022 | 32.46 Mn |
| Mar 31, 2022 | 32.62 Mn |
| Dec 31, 2021 | 35.14 Mn |
| Sep 30, 2021 | 35.96 Mn |
API Access
TPG RE Finance Trust Cash from Operations 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=cash-from-operations&ticker=TRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "TRTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();