TPG RE Finance Trust (TRTX) EBITDA Margin (2022 - 2026)
TPG RE Finance Trust (TRTX) recorded EBITDA Margin of 187.87% in Q1 2026, up 23.39 percentage points from 164.48% a year earlier and up 29.12 percentage points from the prior quarter.
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Analysis
TPG RE Finance Trust (TRTX) EBITDA Margin (2022 - 2026) Analysis & Trends
For FY2025, TPG RE Finance Trust reported EBITDA Margin of 177.86%, down 11.26 percentage points from FY2024.
- Annual EBITDA Margin has a four-year change of +33.48 percentage points (FY2021 to FY2025).
- Across earlier years, EBITDA Margin came in at 189.12% in FY2024 (+50.74 pp), 138.38% in FY2023 (+68.56 pp), 69.83% in FY2022 (-74.55 pp) and 144.38% in FY2021.
- The Q1 2026 figure is the highest quarterly EBITDA Margin since Q1 2024.
- On a year-over-year basis, EBITDA Margin rose in 1 of the last four quarters, with an average year-over-year change of -18.60 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 28.74% |
| 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 | - | 20.12% |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 48.60% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 83.49% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | TPG RE Finance Trust | 481.93 Mn | 89.70 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 187.87% |
| Dec 31, 2025 | 158.75% |
| Mar 31, 2025 | 164.48% |
| Dec 31, 2024 | 169.74% |
| Mar 31, 2024 | 197.19% |
| Dec 31, 2023 | 223.81% |
| Mar 31, 2023 | 307.06% |
| Dec 31, 2022 | 282.21% |
| Sep 30, 2022 | -218.36% |
API Access
TPG RE Finance Trust EBITDA Margin 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-margin&ticker=TRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();