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