TPG RE Finance Trust (TRTX) EBT (2016 - 2026)
TPG RE Finance Trust's (TRTX) quarterly EBT came in at $19.1 million in Q1 2026, up 38.3% year-on-year from $13.8 million in Q1 2025, and up 369.12% quarter-over-quarter from $4.1 million in Q4 2025.
TPG RE Finance Trust (TRTX) EBT (2016 - 2026) Analysis & Trends
TPG RE Finance Trust's EBT history runs 11 years deep, the most recent figure standing at $19.1 million for Q1 2026.
- On a quarterly basis, EBT rose 38.3% year-over-year to $19.1 million in Q1 2026; TTM through Mar 2026 was $66.0 million, a 7.57% decrease from a year earlier, with the FY2025 full-year figure at $60.7 million, down 18.78% from the prior year.
- EBT improved to $19.1 million in Q1 2026 per TRTX's latest filing, from $4.1 million in the prior quarter.
- Across five years, EBT topped out at $36.4 million in Q4 2022 and bottomed at -$114.5 million in Q3 2022.
- The 5-year median for EBT is $13.8 million (2025), against an average of -$1.3 million.
- Across the five-year window, EBT sank 1201.13% in 2023 and jumped 136.37% in 2024, its largest moves.
- Year by year, EBT stood at $36.4 million in 2022, then plunged by 82.29% to $6.4 million in 2023, then jumped by 63.28% to $10.5 million in 2024, then tumbled by 61.42% to $4.1 million in 2025, then jumped by 369.12% to $19.1 million in 2026.
- Per Business Quant, the three latest TRTX EBT figures stand at $19.1 million (Q1 2026), $4.1 million (Q4 2025), and $22.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 289.00 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 53.48 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 154.24 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | -5.18 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 90.90 Mn |
| 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 | - | 36.35 Mn |
| 10 | TPG RE Finance Trust | 664.36 Mn | 572.36 Mn | - | 19.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.05 Mn |
| Dec 31, 2025 | 4.06 Mn |
| Sep 30, 2025 | 22.10 Mn |
| Jun 30, 2025 | 20.76 Mn |
| Mar 31, 2025 | 13.78 Mn |
| Dec 31, 2024 | 10.53 Mn |
| Sep 30, 2024 | 22.26 Mn |
| Jun 30, 2024 | 24.82 Mn |
| Mar 31, 2024 | 17.13 Mn |
| Dec 31, 2023 | 6.45 Mn |
| Sep 30, 2023 | -61.21 Mn |
| Jun 30, 2023 | -69.17 Mn |
| Mar 31, 2023 | 7.56 Mn |
| Dec 31, 2022 | 36.40 Mn |
| Sep 30, 2022 | -114.48 Mn |
| Jun 30, 2022 | -5.32 Mn |
| Mar 31, 2022 | 23.87 Mn |
| Dec 31, 2021 | 44.54 Mn |
| Sep 30, 2021 | 29.56 Mn |
| Jun 30, 2021 | 32.62 Mn |