TPG RE Finance Trust (TRTX) Payables (2016 - 2026)
TPG RE Finance Trust's Payables came in at $18.92 million for Q2 2026, down 3.0% from $19.5 million a year earlier and down 1.7% from the prior quarter.
TPG RE Finance Trust (TRTX) Payables (2016 - 2026) Analysis & Trends
At the end of FY2025, TPG RE Finance Trust's Payables was $19.4 million, down 3.0% from FY2024.
- Payables carries a five-year compound annual growth rate of -8.0% (FY2020 to FY2025).
- Going back by year, Payables was $20 million in FY2024 (+4.4%), $19.16 million in FY2023 (+0.9%), $19 million in FY2022 (-21.3%) and $24.16 million in FY2021 (-18.1%).
- The Q2 2026 figure represents the lowest quarterly Payables since Q3 2022.
- Year-over-year, Payables has declined for five consecutive quarters, with an average decline of 0.2% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q2 2022 (growth of 20.8%), and the weakest in Q3 2021 (a decline of 79.9%).
- Business Quant data shows TRTX's Payables at $19.24 million (Q1 2026), $19.4 million (Q4 2025) and $19.12 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 4.17 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 5.70 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 35.57 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 84.65 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 44.90 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 821.80 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 167.00 Mn |
| 10 | TPG RE Finance Trust | 481.93 Mn | 89.70 Mn | - | 18.92 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.92 Mn |
| Mar 31, 2026 | 19.24 Mn |
| Dec 31, 2025 | 19.40 Mn |
| Sep 30, 2025 | 19.12 Mn |
| Jun 30, 2025 | 19.50 Mn |
| Mar 31, 2025 | 19.92 Mn |
| Dec 31, 2024 | 20.00 Mn |
| Sep 30, 2024 | 19.73 Mn |
| Jun 30, 2024 | 19.80 Mn |
| Mar 31, 2024 | 19.20 Mn |
| Dec 31, 2023 | 19.16 Mn |
| Sep 30, 2023 | 18.92 Mn |
| Jun 30, 2023 | 19.00 Mn |
| Mar 31, 2023 | 18.97 Mn |
| Dec 31, 2022 | 19.00 Mn |
| Sep 30, 2022 | 18.71 Mn |
| Jun 30, 2022 | 18.73 Mn |
| Mar 31, 2022 | 18.70 Mn |
| Dec 31, 2021 | 24.16 Mn |
| Sep 30, 2021 | 18.59 Mn |
TPG RE Finance Trust Payables 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=payables&ticker=TRTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();