TPG RE Finance Trust (TRTX) EBT Margin (2016 - 2026)
TPG RE Finance Trust (TRTX) reported EBT Margin of 51.06% for Q1 2026, up 1387.0% on a YoY basis from 3.43% in Q1 2025, and up 340.64% quarter-over-quarter from 11.59% in Q4 2025.
TPG RE Finance Trust (TRTX) EBT Margin (2016 - 2026) Analysis & Trends
TPG RE Finance Trust has reported EBT Margin for 11 years, with the latest figure at 51.06% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin rose 1387.0% year-over-year to 51.06%; the trailing twelve-month figure through Mar 2026 stood at 45.07% (down 213.0% YoY), and the FY2025 full-year result was 41.54%, down 727.0% from the prior year.
- EBT Margin for Q1 2026 stood at 51.06%, up from 11.59% in the prior quarter.
- The five-year high for EBT Margin was 63.14% in Q2 2024, with the low at 360.15% in Q3 2022.
- Historically, EBT Margin has averaged 14.73% across 5 years, with a median of 37.2% in 2025.
- Annual changes were most pronounced in 2022 — EBT Margin slumped 43575 bps — and 2024, when it soared 28201 bps.
- TPG RE Finance Trust's EBT Margin stood at 54.76% in 2022, then sank by 87 bps to 6.88% in 2023, then surged by 340 bps to 30.3% in 2024, then plunged by 62 bps to 11.59% in 2025, then surged by 341 bps to 51.06% in 2026.
- The last three EBT Margin figures came in at 51.06% (Q1 2026), 11.59% (Q4 2025), and 58.41% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 10.44% |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 11.17% |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 4.45% |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 53.07% |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | - |
| 10 | TPG RE Finance Trust | 665.15 Mn | 573.15 Mn | - | 51.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.06% |
| Dec 31, 2025 | 11.59% |
| Sep 30, 2025 | 58.41% |
| Jun 30, 2025 | 57.35% |
| Mar 31, 2025 | 37.20% |
| Dec 31, 2024 | 30.30% |
| Sep 30, 2024 | 55.45% |
| Jun 30, 2024 | 63.14% |
| Mar 31, 2024 | 44.02% |
| Dec 31, 2023 | 6.88% |
| Sep 30, 2023 | -226.56% |
| Jun 30, 2023 | -211.95% |
| 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% |
| Jun 30, 2021 | 81.45% |