TPG RE Finance Trust (TRTX) Long-Term Debt Issuances (2016 - 2025)

TPG RE Finance Trust's (TRTX) quarterly Long-Term Debt Issuances came in at $1.8 billion in Q4 2025, up 308.26% quarter-over-quarter from -$884.0 million in Q3 2025.

TPG RE Finance Trust (TRTX) Long-Term Debt Issuances (2016 - 2025) Analysis & Trends

TPG RE Finance Trust's Long-Term Debt Issuances history runs 10 years deep, the most recent figure standing at $1.8 billion for Q4 2025.

  • On a quarterly basis, Long-Term Debt Issuances changed N/A year-over-year to $1.8 billion in Q4 2025; TTM through Mar 2026 was $1.0 billion, a 6.6% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 2573.77% from the prior year.
  • Long-Term Debt Issuances improved to $1.8 billion in Q4 2025 per TRTX's latest filing, from -$884.0 million in the prior quarter.
  • Across five years, Long-Term Debt Issuances topped out at $1.8 billion in Q4 2025 and bottomed at -$884.0 million in Q3 2025.
  • The 5-year median for Long-Term Debt Issuances is $69.1 million (2025), against an average of $240.7 million.
  • Across the five-year window, Long-Term Debt Issuances jumped 2642.92% in 2024 and sank 1332.87% in 2025, its largest moves.
  • Year by year, Long-Term Debt Issuances stood at $1.0 billion in 2021, then slumped by 131.05% to -$322.2 million in 2022, then soared by 96.87% to -$10.1 million in 2023, then soared by 810.32% to $71.7 million in 2024, then surged by 2467.6% to $1.8 billion in 2025.
  • Per Business Quant, the three latest TRTX Long-Term Debt Issuances figures stand at $1.8 billion (Q4 2025), -$884.0 million (Q3 2025), and $69.1 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Debt Issuances (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 4.47 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - 57.00 Mn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 2.87 Bn
4 Rithm Capital 5.01 Bn 5.01 Bn - 7.88 Bn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 880.00 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 58.47 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 40.12 Bn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - -
10 TPG RE Finance Trust 664.36 Mn 572.36 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 1.84 Bn
Dec 31, 2025 1.84 Bn
Sep 30, 2025 -883.97 Mn
Sep 30, 2025 -883.97 Mn
Jun 30, 2025 69.15 Mn
Jun 30, 2025 69.15 Mn
Mar 31, 2025 890.94 Mn
Mar 31, 2025 890.94 Mn
Sep 30, 2024 71.70 Mn
Sep 30, 2024 71.70 Mn
Dec 31, 2023 -10.09 Mn
Dec 31, 2023 -10.09 Mn
Sep 30, 2023 2.61 Mn
Sep 30, 2023 2.61 Mn
Jun 30, 2023 852,000.00
Jun 30, 2023 852,000.00
Mar 31, 2023 6.63 Mn
Mar 31, 2023 6.63 Mn
Dec 31, 2022 -322.19 Mn
Dec 31, 2022 -322.19 Mn