TPG RE Finance Trust (TRTX) Enterprise Value (2016 - 2026)
TPG RE Finance Trust (TRTX) reported Enterprise Value of -$92.0 million for Q1 2026, up 78.71% on a YoY basis 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 has reported Enterprise Value for 11 years, with the latest figure at -$92.0 million in Q1 2026.
- For the quarter ending Q1 2026, Enterprise Value rose 78.71% year-over-year to -$92.0 million; the trailing twelve-month figure through Mar 2026 stood at -$92.0 million (up 78.71% YoY), and the FY2025 full-year result was -$91.6 million, up 51.84% from the prior year.
- Enterprise Value for Q1 2026 stood at -$92.0 million, roughly flat from -$91.6 million in the prior quarter.
- The five-year high for Enterprise Value was -$91.6 million in Q4 2025, with the low at -$551.3 million in Q4 2022.
- Historically, Enterprise Value has averaged -$340.5 million across 5 years, with a median of -$351.8 million in 2022.
- Annual changes were most pronounced in 2022 — Enterprise Value tumbled 111.37% — and 2026, when it surged 78.71%.
- TPG RE Finance Trust's Enterprise Value stood at -$551.3 million in 2022, then advanced by 17.72% to -$453.6 million in 2023, then jumped by 58.08% to -$190.2 million in 2024, then soared by 51.84% to -$91.6 million in 2025, then dropped by 0.45% to -$92.0 million in 2026.
- The last three Enterprise Value figures came in at -$92.0 million (Q1 2026), -$91.6 million (Q4 2025), and -$137.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | -2.26 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | -671.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 3.24 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | -142.40 Mn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | -546.06 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | -773.83 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | -727.49 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | -278.21 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | -547.51 Mn |
| 10 | TPG RE Finance Trust | 665.15 Mn | 573.15 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 | -190.16 Mn |
| Sep 30, 2024 | -226.30 Mn |
| Jun 30, 2024 | -259.24 Mn |
| Mar 31, 2024 | -254.10 Mn |
| Dec 31, 2023 | -453.61 Mn |
| Sep 30, 2023 | -539.82 Mn |
| Jun 30, 2023 | -501.50 Mn |
| Mar 31, 2023 | -529.22 Mn |
| Dec 31, 2022 | -551.27 Mn |
| Sep 30, 2022 | -522.72 Mn |
| Jun 30, 2022 | -486.90 Mn |
| Mar 31, 2022 | -351.83 Mn |
| Dec 31, 2021 | -260.80 Mn |
| Sep 30, 2021 | -276.80 Mn |
| Jun 30, 2021 | -294.40 Mn |