TPG RE Finance Trust (TRTX) Interest Coverage Ratio (2016 - 2026)
TPG RE Finance Trust (TRTX) posted quarterly Interest Coverage Ratio of 1.26 for Q2 2026, down 13.28% year-over-year from 1.46 in Q2 2025, and down 9.37% quarter-over-quarter from 1.39 in Q1 2026.
TPG RE Finance Trust (TRTX) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
TPG RE Finance Trust's Interest Coverage Ratio history runs 11 years deep, the most recent figure standing at 1.26 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 13.28% year-over-year to 1.26; the TTM figure through Jun 2026 stood at 1.37 (changed 0.07% YoY), while the FY2025 annual figure was 1.33, down 3.66% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 1.26, down from 1.39 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 2.06 in Q1 2022, with the low at 0.2 in Q3 2022.
- The 5-year median for Interest Coverage Ratio is 1.29 (2024), against an average of 1.18.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio tumbled 108.21% in 2022, then soared 7402.62% in 2024.
- TPG RE Finance Trust's Interest Coverage Ratio stood at 2.05 in 2022, then sank by 42.96% to 1.17 in 2023, then advanced by 5.88% to 1.24 in 2024, then dropped by 11.42% to 1.1 in 2025, then gained by 15.19% to 1.26 in 2026.
- Business Quant data shows TRTX's Interest Coverage Ratio at 1.26 in Q2 2026, 1.39 in Q1 2026, and 1.1 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 1.63 |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 1.06 |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 1.43 |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 0.65 |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 1.48 |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 0.53 |
| 10 | TPG RE Finance Trust | 607.49 Mn | 536.68 Mn | - | 1.25 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.26 |
| Mar 31, 2026 | 1.39 |
| Dec 31, 2025 | 1.10 |
| Sep 30, 2025 | 1.45 |
| Jun 30, 2025 | 1.46 |
| Mar 31, 2025 | 1.32 |
| Dec 31, 2024 | 1.24 |
| Sep 30, 2024 | 1.46 |
| Jun 30, 2024 | 1.49 |
| Mar 31, 2024 | 1.31 |
| Dec 31, 2023 | 1.17 |
| Sep 30, 2023 | 0.71 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 1.11 |
| Dec 31, 2022 | 2.05 |
| Sep 30, 2022 | -0.20 |
| Jun 30, 2022 | 0.89 |
| Mar 31, 2022 | 2.06 |
| Dec 31, 2021 | 4.23 |
| Sep 30, 2021 | 2.41 |