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) Non Operating Interest Expenses (2016 - 2026)

TPG RE Finance Trust's (TRTX) quarterly Non Operating Interest Expenses came in at $17.2 million in Q2 2026, down 16.58% on a YoY basis from $20.6 million in Q2 2025, and down 7.18% quarter-over-quarter from $18.5 million in Q1 2026.

Analysis

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

TPG RE Finance Trust (TRTX) has reported Non Operating Interest Expenses for 11 consecutive years, with $17.2 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Non Operating Interest Expenses fell 16.58% year-over-year to $17.2 million; the trailing twelve-month figure through Jun 2026 stood at $73.8 million (down 5.66% YoY), and the FY2025 full-year result was $78.5 million, up 5.77% from the prior year.
  • Non Operating Interest Expenses declined to $17.2 million in Q2 2026 per TRTX's latest filing, from $18.5 million in the prior quarter.
  • Across five years, Non Operating Interest Expenses topped out at $70.0 million in Q1 2023 and bottomed at $12.4 million in Q3 2023.
  • Historically, Non Operating Interest Expenses has averaged $25.1 million across 5 years, with a median of $19.6 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Non Operating Interest Expenses jumped 211.05% in 2023, then plunged 75.09% in 2024.
  • Over 5 years, Non Operating Interest Expenses stood at $34.7 million in 2022, then grew by 10.09% to $38.2 million in 2023, then slumped by 48.73% to $19.6 million in 2024, then rose by 0.6% to $19.7 million in 2025, then declined by 12.65% to $17.2 million in 2026.
  • According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $17.2 million, $18.5 million, and $19.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Interest Expenses (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 1.32 Bn
2 AGNC Investment 12.43 Bn 11.10 Bn - -
3 Starwood Property Trust 5.84 Bn 3.67 Bn - -
4 Rithm Capital 5.57 Bn 5.57 Bn - 464.11 Mn
5 Dynex Capital 2.88 Bn 2.27 Bn - -
6 Two Harbors Investment 2.65 Bn 2.01 Bn - -
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - -
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 - 17.21 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 17.21 Mn
Mar 31, 2026 18.54 Mn
Dec 31, 2025 19.71 Mn
Sep 30, 2025 18.35 Mn
Jun 30, 2025 20.63 Mn
Mar 31, 2025 19.83 Mn
Dec 31, 2024 19.59 Mn
Sep 30, 2024 18.19 Mn
Jun 30, 2024 19.02 Mn
Mar 31, 2024 17.44 Mn
Dec 31, 2023 38.20 Mn
Sep 30, 2023 12.42 Mn
Jun 30, 2023 12.73 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