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 Margin (2016 - 2026)

TPG RE Finance Trust's (TRTX) quarterly EBT Margin came in at 91.55% in Q2 2026, up 20740.0% on a YoY basis from N/an in Q2 2025, and down 279.29% quarter-over-quarter from 51.06% in Q1 2026.

Analysis

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

TPG RE Finance Trust (TRTX) has reported EBT Margin for 11 consecutive years, with 91.55% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBT Margin rose 20740.0% year-over-year to 91.55%; the trailing twelve-month figure through Jun 2026 stood at 826.57% (up 759230.0% YoY), and the FY2025 full-year result was 41.54%, down 727.0% from the prior year.
  • EBT Margin slipped to 91.55% in Q2 2026 per TRTX's latest filing, from 51.06% in the prior quarter.
  • Across five years, EBT Margin topped out at 185.16% in Q2 2023 and bottomed at 360.15% in Q3 2022.
  • Historically, EBT Margin has averaged 23.1% across 5 years, with a median of 25.2% in 2023.
  • The sharpest annual moves came in 2022 and 2023: EBT Margin tumbled 43575 bps in 2022, then soared 41406 bps in 2023.
  • Over 5 years, EBT Margin stood at 54.76% in 2022, then plunged by 63 bps to 20.47% in 2023, then surged by 48 bps to 30.3% in 2024, then slumped by 62 bps to 11.59% in 2025, then sank by 890 bps to 91.55% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 91.55%, 51.06%, and 11.59% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - -
2 AGNC Investment 12.43 Bn 11.10 Bn - -
3 Starwood Property Trust 5.84 Bn 3.67 Bn - 4.13%
4 Rithm Capital 5.57 Bn 5.57 Bn - 6.78%
5 Dynex Capital 2.88 Bn 2.27 Bn - -
6 Two Harbors Investment 2.65 Bn 2.01 Bn - -
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - -
8 Armour Residential REIT 2.11 Bn 2.02 Bn - -
9 Ellington Financial 1.71 Bn 1.46 Bn - 38.26%
10 TPG RE Finance Trust 597.86 Mn 527.05 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -91.55%
Mar 31, 2026 51.06%
Dec 31, 2025 11.59%
Sep 30, 2025 -43.49%
Jun 30, 2025 -298.95%
Mar 31, 2025 37.20%
Dec 31, 2024 30.30%
Sep 30, 2024 -33.82%
Jun 30, 2024 -154.33%
Mar 31, 2024 44.02%
Dec 31, 2023 20.47%
Sep 30, 2023 53.91%
Jun 30, 2023 185.16%
Mar 31, 2023 29.93%
Dec 31, 2022 54.76%
Sep 30, 2022 -360.15%
Jun 30, 2022 -13.76%
Mar 31, 2022 61.93%
Dec 31, 2021 95.74%
Sep 30, 2021 75.60%