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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |