TPG RE Finance Trust (TRTX) EBT Margin (2016 - 2026)
TPG RE Finance Trust (TRTX) posted quarterly EBT Margin of 38.91% for Q2 2026, down 1844.0% year-over-year from 2.23% in Q2 2025, and down 23.8% quarter-over-quarter from 51.06% in Q1 2026.
TPG RE Finance Trust (TRTX) EBT Margin (2016 - 2026) Analysis & Trends
TPG RE Finance Trust's EBT Margin history runs 11 years deep, the most recent figure standing at 38.91% for Q2 2026.
- In Q2 2026, EBT Margin fell 1844.0% year-over-year to 38.91%; the TTM figure through Jun 2026 stood at 38.72% (down 673.0% YoY), while the FY2025 annual figure was 41.54%, down 727.0% from the prior year.
- EBT Margin for Q2 2026 stood at 38.91%, down from 51.06% in the prior quarter.
- The five-year high for EBT Margin was 611.48% in Q3 2022, with the low at 211.95% in Q2 2023.
- The 5-year median for EBT Margin is 47.54% (2024), against an average of 56.9%.
- The sharpest annual moves came in 2022 and 2023: EBT Margin surged 53588 bps in 2022, then sank 55758 bps in 2023.
- TPG RE Finance Trust's EBT Margin stood at 54.76% in 2022, then sank by 79 bps to 11.49% in 2023, then jumped by 164 bps to 30.3% in 2024, then tumbled by 68 bps to 9.72% in 2025, then surged by 300 bps to 38.91% in 2026.
- Business Quant data shows TRTX's EBT Margin at 38.91% in Q2 2026, 51.06% in Q1 2026, and 9.72% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 4.13% |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 6.78% |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 38.70% |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 38.26% |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | -78.79% |
| 10 | TPG RE Finance Trust | 607.49 Mn | 536.68 Mn | - | 41.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.91% |
| Mar 31, 2026 | 51.06% |
| Dec 31, 2025 | 9.72% |
| 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 | 11.49% |
| Sep 30, 2023 | 53.91% |
| Jun 30, 2023 | -211.95% |
| Mar 31, 2023 | 29.93% |
| Dec 31, 2022 | 54.76% |
| Sep 30, 2022 | 611.48% |
| Jun 30, 2022 | -32.93% |
| Mar 31, 2022 | 61.93% |
| Dec 31, 2021 | 95.74% |
| Sep 30, 2021 | 75.60% |