TPG RE Finance Trust (TRTX) EBT Margin (2016 - 2026)
TPG RE Finance Trust's EBT Margin came in at 51.06% for Q1 2026, up 13.87 percentage points from 37.20% a year earlier and up 39.48 percentage points from the prior quarter.
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Analysis
TPG RE Finance Trust (TRTX) EBT Margin (2016 - 2026) Analysis & Trends
For FY2025, TPG RE Finance Trust's EBT Margin was 41.54%, down 7.27 percentage points from FY2024.
- EBT Margin carries a five-year change of +118.68 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 48.81% in FY2024 (+148.79 pp), -99.98% in FY2023 (-58.91 pp), -41.07% in FY2022 (-130.78 pp) and 89.71% in FY2021 (+166.85 pp).
- The Q1 2026 figure represents the highest quarterly EBT Margin since Q4 2022.
- Year-over-year, EBT Margin increased in two of the last four quarters, with an average year-over-year change of -0.46 percentage points.
- The fastest year-over-year change in EBT Margin over five years came in Q4 2021 (a gain of 79.48 percentage points), and the weakest in Q3 2022 (a drop of 435.75 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 10.09% |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 46.33% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 12.09% |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 66.15% |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 14.50% |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 24.99% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 65.65% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | TPG RE Finance Trust | 481.93 Mn | 89.70 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 51.06% |
| Dec 31, 2025 | 11.59% |
| Mar 31, 2025 | 37.20% |
| Dec 31, 2024 | 30.30% |
| Mar 31, 2024 | 44.02% |
| Dec 31, 2023 | 20.47% |
| Mar 31, 2023 | 29.93% |
| Dec 31, 2022 | 101.13% |
| Sep 30, 2022 | -360.15% |
| Jun 30, 2022 | -13.76% |
| Mar 31, 2022 | 61.93% |
| Dec 31, 2021 | 115.64% |
| Sep 30, 2021 | 75.60% |
| Jun 30, 2021 | 81.45% |
| Mar 31, 2021 | 86.65% |
| Dec 31, 2020 | 36.16% |
| Sep 30, 2020 | 79.45% |
| Jun 30, 2020 | 97.03% |
| Mar 31, 2020 | -533.46% |
| Dec 31, 2019 | 78.13% |
API Access
TPG RE Finance Trust EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=TRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "TRTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();