TPG RE Finance Trust (TRTX) Return on Assets [ROA] (2017 - 2026)
TPG RE Finance Trust's Return on Assets [ROA] came in at 1.28% for Q2 2026, down 0.38 percentage points from 1.65% a year earlier and down 0.20 percentage points from the prior quarter.
TPG RE Finance Trust (TRTX) Return on Assets [ROA] (2017 - 2026) Analysis & Trends
For FY2025, TPG RE Finance Trust's Return on Assets [ROA] was 1.48%, down 0.39 percentage points from FY2024.
- Return on Assets [ROA] carries a five-year change of +4.02 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 1.87% in FY2024 (+4.26 pp), -2.39% in FY2023 (-1.27 pp), -1.12% in FY2022 (-3.85 pp) and 2.74% in FY2021 (+5.27 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Assets [ROA] since Q2 2024.
- Year-over-year, Return on Assets [ROA] has declined for four consecutive quarters, with an average year-over-year change of +1.67 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q4 2021 (a gain of 5.38 percentage points), and the weakest in Q2 2023 (a drop of 4.40 percentage points).
- Business Quant data shows TRTX's Return on Assets [ROA] at 1.48% (Q1 2026), 1.42% (Q4 2025) and 1.63% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 0.78% |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 3.61% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 6.81% |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 0.35% |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 13.34% |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 2.89% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 7.87% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 2.11% |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | TPG RE Finance Trust | 481.93 Mn | 89.70 Mn | - | 1.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.28% |
| Mar 31, 2026 | 1.48% |
| Dec 31, 2025 | 1.42% |
| Sep 30, 2025 | 1.63% |
| Jun 30, 2025 | 1.65% |
| Mar 31, 2025 | 1.85% |
| Dec 31, 2024 | 2.01% |
| Sep 30, 2024 | 1.90% |
| Jun 30, 2024 | -0.36% |
| Mar 31, 2024 | -2.67% |
| Dec 31, 2023 | -2.69% |
| Sep 30, 2023 | -1.84% |
| Jun 30, 2023 | -2.70% |
| Mar 31, 2023 | -1.40% |
| Dec 31, 2022 | -1.07% |
| Sep 30, 2022 | -0.93% |
| Jun 30, 2022 | 1.70% |
| Mar 31, 2022 | 2.43% |
| Dec 31, 2021 | 2.66% |
| Sep 30, 2021 | 2.08% |
TPG RE Finance Trust Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=TRTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();