TPG RE Finance Trust (TRTX) Price to Sales (2017 - 2026)
TPG RE Finance Trust's (TRTX) Price to Sales stood at 91.13 in Q2 2026, up 118.7% from the prior quarter.
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Analysis
TPG RE Finance Trust (TRTX) Price to Sales (2017 - 2026) Analysis & Trends
For FY2025, TPG RE Finance Trust's Price to Sales came in at 4.62, up 2.6% from FY2024.
- Annual Price to Sales has increased for three straight years.
- Across earlier years, Price to Sales came in at 4.50 in FY2024 (+3.4%), 4.35 in FY2023 (+19.9%), 3.63 in FY2022 (-40.7%) and 6.11 in FY2021 (+32.6%).
- The Q2 2026 figure is the highest quarterly Price to Sales in data going back to Q3 2017.
- Peak year-over-year performance for Price to Sales in the last five years was growth of 129.6% in Q2 2023, against a decline of 40.7% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 41.67 (Q1 2026), 47.14 (Q4 2025) and 47.87 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - |
| 10 | TPG RE Finance Trust | 472.69 Mn | 80.46 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 91.13 |
| Mar 31, 2026 | 41.67 |
| Dec 31, 2025 | 47.14 |
| Sep 30, 2025 | 47.87 |
| Jun 30, 2023 | 10.35 |
| Mar 31, 2023 | 4.27 |
| Dec 31, 2022 | 3.63 |
| Sep 30, 2022 | 3.67 |
| Jun 30, 2022 | 4.51 |
| Mar 31, 2022 | 5.84 |
| Dec 31, 2021 | 6.11 |
| Sep 30, 2021 | 6.05 |
| Jun 30, 2021 | 6.21 |
| Mar 31, 2021 | 5.03 |
| Dec 31, 2020 | 4.61 |
| Sep 30, 2020 | 3.64 |
| Jun 30, 2020 | 3.78 |
| Mar 31, 2020 | 2.44 |
| Dec 31, 2019 | 9.10 |
| Sep 30, 2019 | 8.99 |
API Access
TPG RE Finance Trust Price to Sales 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=price-to-sales&ticker=TRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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=price-to-sales&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();