TPG RE Finance Trust (TRTX) Retained Earnings (2016 - 2026)

TPG RE Finance Trust (TRTX) reported Retained Earnings of -$680.6 million for Q1 2026, down 8.07% on a YoY basis from -$740.4 million in Q1 2025, and down 1.18% quarter-over-quarter from -$672.6 million in Q4 2025.

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

TPG RE Finance Trust has reported Retained Earnings for 11 years, with the latest figure at -$680.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Retained Earnings fell 8.07% year-over-year to -$680.6 million; the trailing twelve-month figure through Mar 2026 stood at -$680.6 million (down 8.07% YoY), and the FY2025 full-year result was -$672.6 million, down 8.98% from the prior year.
  • Retained Earnings for Q1 2026 stood at -$680.6 million, down from -$672.6 million in the prior quarter.
  • The five-year high for Retained Earnings was -$245.3 million in Q1 2022, with the low at -$680.6 million in Q1 2026.
  • Historically, Retained Earnings has averaged -$537.1 million across 5 years, with a median of -$604.1 million in 2024.
  • Annual changes were most pronounced in 2022 — Retained Earnings advanced 13.17% — and 2023, when it plunged 83.78%.
  • TPG RE Finance Trust's Retained Earnings stood at -$395.0 million in 2022, then tumbled by 51.96% to -$600.3 million in 2023, then slipped by 2.82% to -$617.2 million in 2024, then fell by 8.98% to -$672.6 million in 2025, then retreated by 1.18% to -$680.6 million in 2026.
  • The last three Retained Earnings figures came in at -$680.6 million (Q1 2026), -$672.6 million (Q4 2025), and -$653.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -13.43 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - -331.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 10.88 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 7.90 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - -127.21 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -573.02 Mn
8 Ellington Financial 1.67 Bn 1.39 Bn - -366.11 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 1.23 Bn
10 TPG RE Finance Trust 665.15 Mn 573.15 Mn - -680.58 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -680.58 Mn
Dec 31, 2025 -672.65 Mn
Sep 30, 2025 -653.74 Mn
Jun 30, 2025 -644.21 Mn
Mar 31, 2025 -629.74 Mn
Dec 31, 2024 -617.22 Mn
Sep 30, 2024 -604.78 Mn
Jun 30, 2024 -604.06 Mn
Mar 31, 2024 -605.83 Mn
Dec 31, 2023 -600.27 Mn
Sep 30, 2023 -584.34 Mn
Jun 30, 2023 -501.06 Mn
Mar 31, 2023 -409.77 Mn
Dec 31, 2022 -395.03 Mn
Sep 30, 2022 -409.10 Mn
Jun 30, 2022 -272.64 Mn
Mar 31, 2022 -245.33 Mn
Dec 31, 2021 -247.27 Mn
Sep 30, 2021 -264.84 Mn
Jun 30, 2021 -271.87 Mn