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
DateValue
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%