TPG RE Finance Trust (TRTX) EBITDA (2022 - 2026)
TPG RE Finance Trust (TRTX) posted EBITDA of $114.7 million for Q2 2026, up 1.6% from $112.85 million a year earlier and up 63.7% from the prior quarter.
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Analysis
TPG RE Finance Trust (TRTX) EBITDA (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at TPG RE Finance Trust was $402.72 million, down 2.5% year-over-year; for FY2025, it came in at $259.88 million, down 10.3% from FY2024.
- Annual EBITDA shows a four-year compound annual growth rate of 3.7% (FY2021 to FY2025).
- In prior years, TPG RE Finance Trust's EBITDA was $289.58 million in FY2024 (+79.8%), $161.07 million in FY2023 (+59.1%), $101.22 million in FY2022 (-55.0%) and $224.7 million in FY2021.
- Quarterly EBITDA has run from a low of -$69.41 million in Q3 2022 to a high of $180.26 million in Q3 2024 over five years.
- On a year-over-year basis, EBITDA increased in three of the last eight quarters, with an average decline of 4.1%.
- The strongest year-over-year quarter for EBITDA in the past five years was Q2 2024, with growth of 86.5%; the weakest was Q4 2023, with a decline of 30.6%.
- According to Business Quant data, EBITDA for the three prior quarters was $70.09 million (Q1 2026), $55.63 million (Q4 2025) and $162.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 800.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 234.61 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 2.31 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 376.14 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 2.17 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | TPG RE Finance Trust | 481.93 Mn | 89.70 Mn | - | 114.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 114.70 Mn |
| Mar 31, 2026 | 70.09 Mn |
| Dec 31, 2025 | 55.63 Mn |
| Sep 30, 2025 | 162.30 Mn |
| Jun 30, 2025 | 112.85 Mn |
| Mar 31, 2025 | 60.91 Mn |
| Dec 31, 2024 | 58.97 Mn |
| Sep 30, 2024 | 180.26 Mn |
| Jun 30, 2024 | 134.94 Mn |
| Mar 31, 2024 | 76.76 Mn |
| Dec 31, 2023 | 70.47 Mn |
| Sep 30, 2023 | 151.24 Mn |
| Jun 30, 2023 | 72.36 Mn |
| Mar 31, 2023 | 77.55 Mn |
| Dec 31, 2022 | 101.57 Mn |
| Sep 30, 2022 | -69.41 Mn |
API Access
TPG RE Finance Trust EBITDA 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=ebitda&ticker=TRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();