TPG RE Finance Trust (TRTX) Non Operating Interest Expenses (2016 - 2024)
TPG RE Finance Trust's Non Operating Interest Expenses was $55.38 million in Q1 2024, down 20.9% from $69.99 million a year earlier and down 11.8% from the prior quarter.
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Analysis
TPG RE Finance Trust (TRTX) Non Operating Interest Expenses (2016 - 2024) Analysis & Trends
On a trailing twelve-month basis, TPG RE Finance Trust's Non Operating Interest Expenses was $259.25 million through Mar 31, 2024, up 24.5% year-over-year; for FY2023, it was $273.86 million, up 70.4% from FY2022.
- Non Operating Interest Expenses shows a five-year compound annual growth rate of 16.8% (FY2018 to FY2023).
- In earlier years, Non Operating Interest Expenses was $160.76 million in FY2022 (+88.9%), $85.09 million in FY2021 (-20.7%), $107.24 million in FY2020 (-38.7%) and $174.84 million in FY2019 (+38.7%).
- The Q1 2024 figure marks the lowest quarterly Non Operating Interest Expenses since Q3 2022.
- Compared with a year earlier, Non Operating Interest Expenses was higher in six of the last eight quarters, with growth averaging 92.0%.
- The best year-over-year quarter for Non Operating Interest Expenses over five years was Q1 2023 (growth of 211.1%); the worst was Q3 2020 (a decline of 55.2%).
- Per Business Quant data, TRTX's Non Operating Interest Expenses in the three quarters before Q1 2024 was $62.81 million (Q4 2023), $70.5 million (Q3 2023) and $70.57 million (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 374.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 214.00 Mn |
| 10 | TPG RE Finance Trust | 481.93 Mn | 89.70 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 55.38 Mn |
| Dec 31, 2023 | 62.81 Mn |
| Sep 30, 2023 | 70.50 Mn |
| Jun 30, 2023 | 70.57 Mn |
| Mar 31, 2023 | 69.99 Mn |
| Dec 31, 2022 | 65.17 Mn |
| Sep 30, 2022 | 45.07 Mn |
| Jun 30, 2022 | 28.01 Mn |
| Mar 31, 2022 | 22.50 Mn |
| Dec 31, 2021 | 21.80 Mn |
| Sep 30, 2021 | 20.98 Mn |
| Jun 30, 2021 | 22.02 Mn |
| Mar 31, 2021 | 20.29 Mn |
| Dec 31, 2020 | 21.47 Mn |
| Sep 30, 2020 | 21.45 Mn |
| Jun 30, 2020 | 25.87 Mn |
| Mar 31, 2020 | 38.46 Mn |
| Dec 31, 2019 | 41.17 Mn |
| Sep 30, 2019 | 47.87 Mn |
| Jun 30, 2019 | 46.43 Mn |
API Access
TPG RE Finance Trust Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=TRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "TRTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();