TPG RE Finance Trust (TRTX) Net Margin (2016 - 2026)

TPG RE Finance Trust has reported Net Margin for 11 years, with the latest figure at 40.65% in Q1 2026.

• For the quarter ending Q1 2026, Net Margin rose 1376.0% year-over-year to 40.65%; the trailing twelve-month figure through Mar 2026 stood at 34.62% (down 279.0% YoY), and the FY2025 full-year result was 31.13%, down 784.0% from the prior year.
• Net Margin for Q1 2026 stood at 40.65%, up from 0.54% in the prior quarter.
• The five-year high for Net Margin was 53.5% in Q2 2024, with the low at 370.95% in Q3 2022.
• Historically, Net Margin has averaged 24.64% across 5 years, with a median of 26.9% in 2025.
• Annual changes were most pronounced in 2022 — Net Margin tumbled 43756 bps — and 2024, when it surged 28577 bps.
• TPG RE Finance Trust's Net Margin stood at 49.11% in 2022, then tumbled by 94 bps to 2.81% in 2023, then jumped by 608 bps to 19.89% in 2024, then plunged by 97 bps to 0.54% in 2025, then surged by 7437 bps to 40.65% in 2026.
• The last three Net Margin figures came in at 40.65% (Q1 2026), 0.54% (Q4 2025), and 48.75% (Q3 2025), per Business Quant data.