TPG RE Finance Trust TRTX
NYSE TRTX
$7.72 -0.16 (-2.09%)
As of: Sep 8, 2026 · 3:59 PM EDT

TPG RE Finance Trust (TRTX) Interest Expenses (2016 - 2026)

TPG RE Finance Trust's (TRTX) quarterly Interest Expenses came in at $98.8 million in Q2 2026, up 11.48% on a YoY basis from $88.7 million in Q2 2025, and up 103.97% quarter-over-quarter from $48.5 million in Q1 2026.

Analysis

TPG RE Finance Trust (TRTX) Interest Expenses (2016 - 2026) Analysis & Trends

TPG RE Finance Trust (TRTX) has reported Interest Expenses for 11 consecutive years, with $98.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Interest Expenses rose 11.48% year-over-year to $98.8 million; the trailing twelve-month figure through Jun 2026 stood at $98.8 million (up 11.48% YoY), and the FY2025 full-year result was $186.5 million, down 6.23% from the prior year.
  • Interest Expenses advanced to $98.8 million in Q2 2026 per TRTX's latest filing, from $48.5 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $211.1 million in Q3 2023 and bottomed at $22.5 million in Q1 2022.
  • Historically, Interest Expenses has averaged $80.0 million across 5 years, with a median of $59.1 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Interest Expenses soared 401.86% in 2023, then declined 29.45% in 2024.
  • Over 5 years, Interest Expenses stood at $34.7 million in 2022, then soared by 80.99% to $62.8 million in 2023, then dropped by 29.45% to $44.3 million in 2024, then grew by 10.52% to $49.0 million in 2025, then soared by 101.84% to $98.8 million in 2026.
  • According to Business Quant data, Interest Expenses over the past three periods registered $98.8 million, $48.5 million, and $49.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 1.32 Bn
2 AGNC Investment 12.43 Bn 11.10 Bn - 709.00 Mn
3 Starwood Property Trust 5.84 Bn 3.67 Bn - 344.58 Mn
4 Rithm Capital 5.57 Bn 5.57 Bn - 15.50 Mn
5 Dynex Capital 2.88 Bn 2.27 Bn - 208.97 Mn
6 Two Harbors Investment 2.65 Bn 2.01 Bn - 89.56 Mn
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - 227.18 Mn
8 Armour Residential REIT 2.11 Bn 2.02 Bn - -
9 Ellington Financial 1.71 Bn 1.46 Bn - 98.55 Mn
10 TPG RE Finance Trust 597.86 Mn 527.05 Mn - 98.85 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 98.85 Mn
Mar 31, 2026 48.46 Mn
Dec 31, 2025 48.98 Mn
Sep 30, 2025 137.49 Mn
Jun 30, 2025 88.67 Mn
Mar 31, 2025 43.14 Mn
Dec 31, 2024 44.31 Mn
Sep 30, 2024 154.54 Mn
Jun 30, 2024 105.97 Mn
Mar 31, 2024 55.38 Mn
Dec 31, 2023 62.81 Mn
Sep 30, 2023 211.06 Mn
Jun 30, 2023 140.56 Mn
Mar 31, 2023 69.99 Mn
Dec 31, 2022 34.70 Mn
Sep 30, 2022 45.07 Mn
Jun 30, 2022 28.01 Mn
Mar 31, 2022 22.50 Mn
Dec 31, 2021 13.80 Mn
Sep 30, 2021 20.98 Mn