TPG RE Finance Trust (TRTX) Depreciation and Depletion (2023 - 2026)
TPG RE Finance Trust's Depreciation and Depletion came in at $1.9 million for Q2 2026, down 5.0% from $2 million a year earlier but up 5.6% from the prior quarter.
TPG RE Finance Trust (TRTX) Depreciation and Depletion (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, TPG RE Finance Trust reported Depreciation and Depletion of $7.2 million, down 1.4% year-over-year; for FY2025, it was $7.7 million, up 28.3% from FY2024.
- Going back by year, Depreciation and Depletion was $6 million in FY2024 (+500.0%) and $1 million in FY2023.
- The five-year range for quarterly Depreciation and Depletion is $200,000 (Q2 2023) to $2.1 million (Q1 2025).
- Year-over-year, Depreciation and Depletion increased in five of the last eight quarters, with growth averaging 86.9%.
- The fastest year-over-year change in Depreciation and Depletion over five years came in Q2 2024 (growth of 600.0%), and the weakest in Q1 2026 (a decline of 14.3%).
- Business Quant data shows TRTX's Depreciation and Depletion at $1.8 million (Q1 2026), $1.8 million (Q4 2025) and $1.7 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | 86.30 Mn |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | - |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | - |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | - |
| 10 | TPG RE Finance Trust | 472.69 Mn | 80.46 Mn | - | 1.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.90 Mn |
| Mar 31, 2026 | 1.80 Mn |
| Dec 31, 2025 | 1.80 Mn |
| Sep 30, 2025 | 1.70 Mn |
| Jun 30, 2025 | 2.00 Mn |
| Mar 31, 2025 | 2.10 Mn |
| Dec 31, 2024 | 1.80 Mn |
| Sep 30, 2024 | 1.40 Mn |
| Jun 30, 2024 | 1.40 Mn |
| Mar 31, 2024 | 1.40 Mn |
| Dec 31, 2023 | 400,000.00 |
| Sep 30, 2023 | 400,000.00 |
| Jun 30, 2023 | 200,000.00 |
TPG RE Finance Trust Depreciation and Depletion 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=depreciation-and-depletion&ticker=TRTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();