TPG RE Finance Trust (TRTX) EBIT Margin (2016 - 2026)
TPG RE Finance Trust's (TRTX) quarterly EBIT Margin came in at 180.96% in Q1 2026, up 2726.0% year-on-year from 6.4% in Q1 2025, and up 36.02% quarter-over-quarter from 133.04% in Q4 2025.
TPG RE Finance Trust (TRTX) EBIT Margin (2016 - 2026) Analysis & Trends
TPG RE Finance Trust's EBIT Margin history runs 11 years deep, the most recent figure standing at 180.96% for Q1 2026.
- On a quarterly basis, EBIT Margin rose 2726.0% year-over-year to 180.96% in Q1 2026; TTM through Mar 2026 was 170.98%, a 313.0% increase from a year earlier, with the FY2025 full-year figure at 169.15%, down 953.0% from the prior year.
- EBIT Margin climbed to 180.96% in Q1 2026 per TRTX's latest filing, from 133.04% in the prior quarter.
- Across five years, EBIT Margin topped out at 307.06% in Q1 2023 and bottomed at 218.36% in Q3 2022.
- The 5-year median for EBIT Margin is 153.7% (2025), against an average of 111.3%.
- Across the five-year window, EBIT Margin plunged 47110 bps in 2023 and soared 38297 bps in 2024, its largest moves.
- Year by year, EBIT Margin stood at 106.97% in 2022, then retreated by 26 bps to 79.59% in 2023, then surged by 84 bps to 146.78% in 2024, then dropped by 9 bps to 133.04% in 2025, then surged by 36 bps to 180.96% in 2026.
- Per Business Quant, the three latest TRTX EBIT Margin figures stand at 180.96% (Q1 2026), 133.04% (Q4 2025), and 187.42% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (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 | - | 74.62% |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 43.39% |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | -185.22% |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 116.12% |
| 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 | - | 180.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 180.96% |
| Dec 31, 2025 | 133.04% |
| Sep 30, 2025 | 187.42% |
| Jun 30, 2025 | 183.11% |
| Mar 31, 2025 | 153.70% |
| Dec 31, 2024 | 146.78% |
| Sep 30, 2024 | 176.44% |
| Jun 30, 2024 | 191.86% |
| Mar 31, 2024 | 186.28% |
| Dec 31, 2023 | 79.59% |
| Sep 30, 2023 | -131.97% |
| Jun 30, 2023 | -191.11% |
| Mar 31, 2023 | 307.06% |
| Dec 31, 2022 | 106.97% |
| Sep 30, 2022 | -218.36% |
| Jun 30, 2022 | 279.99% |
| Mar 31, 2022 | 120.33% |
| Dec 31, 2021 | 125.40% |
| Sep 30, 2021 | 129.25% |
| Jun 30, 2021 | 136.41% |