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% on a YoY basis from $4.4 million in Q4 2022, and up 56.74% quarter-over-quarter from $117.5 million in Q3 2023.
Analysis
TPG RE Finance Trust (TRTX) Service Charges (2020 - 2023) Analysis & Trends
TPG RE Finance Trust (TRTX) has reported Service Charges for 4 consecutive years, with $184.1 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Service Charges rose 4084.36% year-over-year to $184.1 million; the trailing twelve-month figure through Dec 2023 stood at $310.4 million (up 1918.82% YoY), and the FY2024 full-year result was $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 $483000.0 in Q3 2021.
- Historically, Service Charges has averaged $45.3 million across 4 years, with a median of $4.4 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Service Charges retreated 27.76% in 2022, then jumped 4084.36% in 2023.
- Over 4 years, Service Charges stood at $500000.0 in 2020, then soared by 1118.2% to $6.1 million in 2021, then slipped by 27.76% to $4.4 million in 2022, then surged by 4084.36% to $184.1 million in 2023.
- According to Business Quant data, Service Charges over the past three periods registered $184.1 million, $117.5 million, and $4.4 million for Q4 2023, Q3 2023, and Q4 2022 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
Download Data
Historic 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 |
| Sep 30, 2021 | 483,000.00 |
| Jun 30, 2020 | 500,000.00 |