TPG RE Finance Trust (TRTX) Service Charges (2020 - 2023)
TPG RE Finance Trust's (TRTX) quarterly Service Charges came in at $184.1 million in Q4 2023, up 4084.36% year-on-year from $4.4 million in Q4 2022, and up 56.74% quarter-over-quarter from $117.5 million in Q3 2023.
TPG RE Finance Trust (TRTX) Service Charges (2020 - 2023) Analysis & Trends
TPG RE Finance Trust's Service Charges history runs 4 years deep, the most recent figure standing at $184.1 million for Q4 2023.
- On a quarterly basis, Service Charges rose 4084.36% year-over-year to $184.1 million in Q4 2023; TTM through Dec 2023 was $310.4 million, a 1984.3% increase from a year earlier, with the FY2024 full-year figure at $9.7 million, down 97.09% from the prior year.
- Service Charges climbed to $184.1 million in Q4 2023 per TRTX's latest filing, from $117.5 million in the prior quarter.
- Across five years, Service Charges topped out at $184.1 million in Q4 2023 and bottomed at $500000.0 in Q2 2020.
- The 4-year median for Service Charges is $5.2 million (2021), against an average of $52.8 million.
- Across the five-year window, Service Charges decreased 27.76% in 2022 and surged 4084.36% in 2023, its largest moves.
- Year by year, Service Charges stood at $500000.0 in 2020, then surged by 1118.2% to $6.1 million in 2021, then decreased by 27.76% to $4.4 million in 2022, then jumped by 4084.36% to $184.1 million in 2023.
- Per Business Quant, the three latest TRTX Service Charges figures stand at $184.1 million (Q4 2023), $117.5 million (Q3 2023), and $4.4 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - |
| 10 | TPG RE Finance Trust | 664.36 Mn | 572.36 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 184.11 Mn |
| Sep 30, 2023 | 117.46 Mn |
| Dec 31, 2022 | 4.40 Mn |
| Sep 30, 2022 | 4.40 Mn |
| Dec 31, 2021 | 6.09 Mn |
| Jun 30, 2020 | 500,000.00 |