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) Payout Ratio (2016 - 2026)

TPG RE Finance Trust's (TRTX) quarterly Payout Ratio came in at 2.06 in Q2 2026, up 74.34% on a YoY basis from 1.18 in Q2 2025, and up 61.2% quarter-over-quarter from 1.28 in Q1 2026.

Analysis

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

TPG RE Finance Trust (TRTX) has reported Payout Ratio for 11 consecutive years, with 2.06 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Payout Ratio rose 74.34% year-over-year to 2.06; the trailing twelve-month figure through Jun 2026 stood at 1.79 (up 18.07% YoY), and the FY2025 full-year result was 1.73, up 32.28% from the prior year.
  • Payout Ratio grew to 2.06 in Q2 2026 per TRTX's latest filing, from 1.28 in the prior quarter.
  • Across five years, Payout Ratio topped out at 101.16 in Q4 2025 and bottomed at 2.12 in Q2 2022.
  • Historically, Payout Ratio has averaged 7.01 across 5 years, with a median of 1.18 in 2025.
  • The sharpest annual moves came in 2022 and 2025: Payout Ratio tumbled 187.82% in 2022, then soared 3442.89% in 2025.
  • Over 5 years, Payout Ratio stood at 0.57 in 2022, then surged by 1153.85% to 7.19 in 2023, then slumped by 60.27% to 2.86 in 2024, then jumped by 3442.89% to 101.16 in 2025, then sank by 97.97% to 2.06 in 2026.
  • According to Business Quant data, Payout Ratio over the past three periods registered 2.06, 1.28, and 101.16 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 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 -
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 -
10 TPG RE Finance Trust 597.86 Mn 527.05 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.06
Mar 31, 2026 1.28
Dec 31, 2025 101.16
Sep 30, 2025 1.06
Jun 30, 2025 1.18
Mar 31, 2025 2.01
Dec 31, 2024 2.86
Sep 30, 2024 1.06
Jun 30, 2024 0.91
Mar 31, 2024 1.47
Dec 31, 2023 7.19
Sep 30, 2023 -0.29
Jun 30, 2023 -0.26
Mar 31, 2023 4.97
Dec 31, 2022 0.57
Sep 30, 2022 -0.16
Jun 30, 2022 -2.12
Mar 31, 2022 1.18
Dec 31, 2021 0.45
Sep 30, 2021 0.60