TPG RE Finance Trust TRTX
NYSE TRTX
$7.72 -0.16 (-2.09%)
As of: Sep 8, 2026 · 3:59 PM EDT

TPG RE Finance Trust (TRTX) EBT (2016 - 2026)

TPG RE Finance Trust's (TRTX) quarterly EBT came in at $13.2 million in Q2 2026, down 36.25% on a YoY basis from $20.8 million in Q2 2025, and down 30.54% quarter-over-quarter from $19.1 million in Q1 2026.

Analysis

TPG RE Finance Trust (TRTX) EBT (2016 - 2026) Analysis & Trends

TPG RE Finance Trust (TRTX) has reported EBT for 11 consecutive years, with $13.2 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBT fell 36.25% year-over-year to $13.2 million; the trailing twelve-month figure through Jun 2026 stood at $58.4 million (down 13.18% YoY), and the FY2025 full-year result was $60.7 million, down 18.78% from the prior year.
  • EBT declined to $13.2 million in Q2 2026 per TRTX's latest filing, from $19.1 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.
  • Historically, EBT has averaged -$455111.1 across 5 years, with a median of $13.5 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: EBT slumped 1201.13% in 2023, then soared 136.37% in 2024.
  • Over 5 years, EBT stood at $36.4 million in 2022, then tumbled by 82.29% to $6.4 million in 2023, then surged by 63.28% to $10.5 million in 2024, then slumped by 61.42% to $4.1 million in 2025, then soared by 225.86% to $13.2 million in 2026.
  • According to Business Quant data, EBT over the past three periods registered $13.2 million, $19.1 million, and $4.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 834.67 Mn
2 AGNC Investment 12.43 Bn 11.10 Bn - -
3 Starwood Property Trust 5.84 Bn 3.67 Bn - 21.23 Mn
4 Rithm Capital 5.57 Bn 5.57 Bn - 86.89 Mn
5 Dynex Capital 2.88 Bn 2.27 Bn - -
6 Two Harbors Investment 2.65 Bn 2.01 Bn - 68.20 Mn
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - -78.77 Mn
8 Armour Residential REIT 2.11 Bn 2.02 Bn - -
9 Ellington Financial 1.71 Bn 1.46 Bn - 47.11 Mn
10 TPG RE Finance Trust 597.86 Mn 527.05 Mn - 13.23 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 13.23 Mn
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