TPG RE Finance Trust (TRTX) Enterprise Value (2016 - 2026)
TPG RE Finance Trust's (TRTX) quarterly Enterprise Value came in at -$92.0 million in Q1 2026, up 78.71% year-on-year from -$51.5 million in Q1 2025, and little changed quarter-over-quarter from -$91.6 million in Q4 2025.
TPG RE Finance Trust (TRTX) Enterprise Value (2016 - 2026) Analysis & Trends
TPG RE Finance Trust's Enterprise Value history runs 11 years deep, the most recent figure standing at -$92.0 million for Q1 2026.
- On a quarterly basis, Enterprise Value rose 78.71% year-over-year to -$92.0 million in Q1 2026; TTM through Mar 2026 was -$92.0 million, a 78.71% increase from a year earlier, with the FY2025 full-year figure at -$91.6 million, up 51.85% from the prior year.
- Enterprise Value was little changed at -$92.0 million in Q1 2026 per TRTX's latest filing, from -$91.6 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$91.6 million in Q4 2025 and bottomed at -$551.2 million in Q4 2022.
- The 5-year median for Enterprise Value is -$351.6 million (2022), against an average of -$340.4 million.
- Across the five-year window, Enterprise Value slumped 111.35% in 2022 and jumped 78.71% in 2026, its largest moves.
- Year by year, Enterprise Value stood at -$551.2 million in 2022, then advanced by 17.71% to -$453.6 million in 2023, then surged by 58.07% to -$190.2 million in 2024, then surged by 51.85% to -$91.6 million in 2025, then declined by 0.45% to -$92.0 million in 2026.
- Per Business Quant, the three latest TRTX Enterprise Value figures stand at -$92.0 million (Q1 2026), -$91.6 million (Q4 2025), and -$137.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | -1.86 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | -493.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | -50.01 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | -546.06 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | -125.37 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | -516.50 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | -83.68 Mn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | -283.84 Mn |
| 10 | TPG RE Finance Trust | 664.36 Mn | 572.36 Mn | - | -92.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -92.00 Mn |
| Dec 31, 2025 | -91.59 Mn |
| Sep 30, 2025 | -137.83 Mn |
| Jun 30, 2025 | -167.68 Mn |
| Mar 31, 2025 | -432.17 Mn |
| Dec 31, 2024 | -190.20 Mn |
| Sep 30, 2024 | -226.32 Mn |
| Jun 30, 2024 | -259.24 Mn |
| Mar 31, 2024 | -254.08 Mn |
| Dec 31, 2023 | -453.61 Mn |
| Sep 30, 2023 | -539.78 Mn |
| Jun 30, 2023 | -501.46 Mn |
| Mar 31, 2023 | -529.22 Mn |
| Dec 31, 2022 | -551.22 Mn |
| Sep 30, 2022 | -522.51 Mn |
| Jun 30, 2022 | -486.90 Mn |
| Mar 31, 2022 | -351.63 Mn |
| Dec 31, 2021 | -260.80 Mn |
| Sep 30, 2021 | -269.93 Mn |
| Jun 30, 2021 | -240.57 Mn |