TPG RE Finance Trust (TRTX) FCF Margin (2016 - 2026)
TPG RE Finance Trust (TRTX) posted quarterly FCF Margin of 54.97% for Q2 2026, down 1099.0% year-over-year from 5.5% in Q2 2025, and down 8.74% quarter-over-quarter from 60.24% in Q1 2026.
TPG RE Finance Trust (TRTX) FCF Margin (2016 - 2026) Analysis & Trends
TPG RE Finance Trust's FCF Margin history runs 11 years deep, the most recent figure standing at 54.97% for Q2 2026.
- In Q2 2026, FCF Margin fell 1099.0% year-over-year to 54.97%; the TTM figure through Jun 2026 stood at 54.92% (down 540.0% YoY), while the FY2025 annual figure was 57.64%, down 1212.0% from the prior year.
- FCF Margin for Q2 2026 stood at 54.97%, down from 60.24% in the prior quarter.
- The five-year high for FCF Margin was 201.08% in Q2 2022, with the low at 93.3% in Q3 2022.
- The 5-year median for FCF Margin is 56.46% (2024), against an average of 53.22%.
- Peak annual rise in FCF Margin reached 11440 bps in 2022, while the deepest fall reached 18527 bps in 2022.
- TPG RE Finance Trust's FCF Margin stood at 19.4% in 2022, then jumped by 86 bps to 36.01% in 2023, then surged by 89 bps to 67.89% in 2024, then decreased by 26 bps to 50.52% in 2025, then rose by 9 bps to 54.97% in 2026.
- Business Quant data shows TRTX's FCF Margin at 54.97% in Q2 2026, 60.24% in Q1 2026, and 50.52% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 33.22% |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 5.00% |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | -32.04% |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | -15.55% |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 130.78% |
| 10 | TPG RE Finance Trust | 607.49 Mn | 536.68 Mn | - | 58.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 54.97% |
| Mar 31, 2026 | 60.24% |
| Dec 31, 2025 | 50.52% |
| Sep 30, 2025 | 54.48% |
| Jun 30, 2025 | 65.95% |
| Mar 31, 2025 | 50.28% |
| Dec 31, 2024 | 67.89% |
| Sep 30, 2024 | 57.94% |
| Jun 30, 2024 | 61.03% |
| Mar 31, 2024 | 92.41% |
| Dec 31, 2023 | 36.01% |
| Sep 30, 2023 | -20.94% |
| Jun 30, 2023 | 22.41% |
| Mar 31, 2023 | 92.94% |
| Dec 31, 2022 | 19.40% |
| Sep 30, 2022 | -93.30% |
| Jun 30, 2022 | 201.08% |
| Mar 31, 2022 | 84.64% |
| Dec 31, 2021 | 75.54% |
| Sep 30, 2021 | 91.97% |