TPG RE Finance Trust (TRTX) Payables (2016 - 2026)

TPG RE Finance Trust's (TRTX) quarterly Payables came in at $19.2 million in Q1 2026, down 3.39% year-on-year from $19.9 million in Q1 2025, and down 0.81% quarter-over-quarter from $19.4 million in Q4 2025.

TPG RE Finance Trust (TRTX) Payables (2016 - 2026) Analysis & Trends

TPG RE Finance Trust's Payables history runs 11 years deep, the most recent figure standing at $19.2 million for Q1 2026.

  • On a quarterly basis, Payables fell 3.39% year-over-year to $19.2 million in Q1 2026; TTM through Mar 2026 was $19.2 million, a 3.39% decrease from a year earlier, with the FY2025 full-year figure at $19.4 million, down 2.89% from the prior year.
  • Payables eased to $19.2 million in Q1 2026 per TRTX's latest filing, from $19.4 million in the prior quarter.
  • Across five years, Payables topped out at $29.8 million in Q2 2022 and bottomed at $18.9 million in Q3 2023.
  • The 5-year median for Payables is $19.7 million (2024), against an average of $21.3 million.
  • Across the five-year window, Payables surged 40.15% in 2022 and sank 36.27% in 2023, its largest moves.
  • Year by year, Payables stood at $25.0 million in 2022, then retreated by 23.3% to $19.2 million in 2023, then grew by 4.26% to $20.0 million in 2024, then retreated by 2.89% to $19.4 million in 2025, then slipped by 0.81% to $19.2 million in 2026.
  • Per Business Quant, the three latest TRTX Payables figures stand at $19.2 million (Q1 2026), $19.4 million (Q4 2025), and $19.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 737.52 Mn
2 AGNC Investment 11.85 Bn 11.36 Bn - 1.12 Bn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 178.73 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 3.09 Bn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -
6 Ellington Financial 1.63 Bn 1.51 Bn - 74.55 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - 41.89 Mn
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 241.14 Mn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 48.90 Mn
10 TPG RE Finance Trust 664.36 Mn 572.36 Mn - 19.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.24 Mn
Dec 31, 2025 19.40 Mn
Sep 30, 2025 19.12 Mn
Jun 30, 2025 19.48 Mn
Mar 31, 2025 19.92 Mn
Dec 31, 2024 19.98 Mn
Sep 30, 2024 19.73 Mn
Jun 30, 2024 19.80 Mn
Mar 31, 2024 19.17 Mn
Dec 31, 2023 19.16 Mn
Sep 30, 2023 18.92 Mn
Jun 30, 2023 18.97 Mn
Mar 31, 2023 24.99 Mn
Dec 31, 2022 24.98 Mn
Sep 30, 2022 24.62 Mn
Jun 30, 2022 29.77 Mn
Mar 31, 2022 24.85 Mn
Dec 31, 2021 29.77 Mn
Sep 30, 2021 24.07 Mn
Jun 30, 2021 21.24 Mn