TPG RE Finance Trust (TRTX) EV to CFO (2017 - 2026)
TPG RE Finance Trust's (TRTX) EV to CFO was 6.19 for Q2 2026, up 29.4% from 4.79 a year earlier and up 15.0% from the prior quarter.
TPG RE Finance Trust (TRTX) EV to CFO (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, TPG RE Finance Trust's EV to CFO came in at 2.72; for FY2025, it was 6.45, up 45.1% from FY2024.
- By year, EV to CFO came in at 4.44 in FY2024 (+578.1%), 0.66 in FY2023, -0.26 in FY2022 and 5.22 in FY2021 (-0.8%).
- Five-year quarterly EV to CFO spans a low of -0.26 in Q4 2022 and a high of 6.45 in Q4 2025.
- Year over year, EV to CFO has now increased in each of the last five quarters, with growth averaging 114.6% over the last seven quarters.
- The high point for year-over-year EV to CFO in five years was Q1 2024 (growth of 928.5%); the low point was Q3 2022 (a decline of 97.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.38 (Q1 2026), 6.45 (Q4 2025) and 5.84 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 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
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.19 |
| Mar 31, 2026 | 5.38 |
| Dec 31, 2025 | 6.45 |
| Sep 30, 2025 | 5.84 |
| Jun 30, 2025 | 4.79 |
| Mar 31, 2025 | 2.40 |
| Dec 31, 2024 | 4.44 |
| Sep 30, 2024 | 4.22 |
| Jun 30, 2024 | 3.92 |
| Mar 31, 2024 | 3.69 |
| Dec 31, 2023 | 0.66 |
| Sep 30, 2023 | -0.22 |
| Jun 30, 2023 | 1.12 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | -0.26 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 1.55 |
| Mar 31, 2022 | 4.04 |
| Dec 31, 2021 | 5.22 |
| Sep 30, 2021 | 5.33 |
TPG RE Finance Trust EV to CFO 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=ev-to-cfo&ticker=TRTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();