TPG RE Finance Trust (TRTX) FCF Payout Ratio (2016 - 2026)
TPG RE Finance Trust (TRTX) posted quarterly FCF Payout Ratio of 1.03 for Q2 2026, up 23.38% year-over-year from 0.83 in Q2 2025, and up 19.53% quarter-over-quarter from 0.86 in Q1 2026.
TPG RE Finance Trust (TRTX) FCF Payout Ratio (2016 - 2026) Analysis & Trends
TPG RE Finance Trust's FCF Payout Ratio history runs 11 years deep, the most recent figure standing at 1.03 for Q2 2026.
- In Q2 2026, FCF Payout Ratio rose 23.38% year-over-year to 1.03; the TTM figure through Jun 2026 stood at 0.93 (up 4.76% YoY), while the FY2025 annual figure was 0.93, up 27.87% from the prior year.
- FCF Payout Ratio for Q2 2026 stood at 1.03, up from 0.86 in the prior quarter.
- The five-year high for FCF Payout Ratio was 2.59 in Q2 2023, with the low at 0.53 in Q1 2024.
- The 5-year median for FCF Payout Ratio is 0.86 (2024), against an average of 0.98.
- The sharpest annual moves came in 2023 and 2024: FCF Payout Ratio soared 349.58% in 2023, then tumbled 69.15% in 2024.
- TPG RE Finance Trust's FCF Payout Ratio stood at 1.45 in 2022, then tumbled by 35.44% to 0.94 in 2023, then retreated by 10.7% to 0.84 in 2024, then climbed by 8.29% to 0.91 in 2025, then gained by 13.62% to 1.03 in 2026.
- Business Quant data shows TRTX's FCF Payout Ratio at 1.03 in Q2 2026, 0.86 in Q1 2026, and 0.91 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | -0.09 |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 2.10 |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 1.05 |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 2.18 |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 1.35 |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 1.22 |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 0.46 |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | -2.60 |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 0.78 |
| 10 | TPG RE Finance Trust | 607.49 Mn | 536.68 Mn | - | 1.03 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.03 |
| Mar 31, 2026 | 0.86 |
| Dec 31, 2025 | 0.91 |
| Sep 30, 2025 | 0.95 |
| Jun 30, 2025 | 0.83 |
| Mar 31, 2025 | 1.07 |
| Dec 31, 2024 | 0.84 |
| Sep 30, 2024 | 0.85 |
| Jun 30, 2024 | 0.80 |
| Mar 31, 2024 | 0.53 |
| Dec 31, 2023 | 0.94 |
| Sep 30, 2023 | 0.80 |
| Jun 30, 2023 | 2.59 |
| Mar 31, 2023 | 0.81 |
| Dec 31, 2022 | 1.45 |
| Sep 30, 2022 | 1.07 |
| Jun 30, 2022 | 0.58 |
| Mar 31, 2022 | 0.74 |
| Dec 31, 2021 | 0.53 |
| Sep 30, 2021 | 0.43 |