TPG RE Finance Trust (TRTX) Share-based Compensation (2017 - 2026)
TPG RE Finance Trust's (TRTX) quarterly Share-based Compensation came in at $2.1 million in Q1 2026, up 4.01% year-on-year from $2.0 million in Q1 2025, and down 52.27% quarter-over-quarter from $4.4 million in Q4 2025.
TPG RE Finance Trust (TRTX) Share-based Compensation (2017 - 2026) Analysis & Trends
TPG RE Finance Trust's Share-based Compensation history runs 10 years deep, the most recent figure standing at $2.1 million for Q1 2026.
- On a quarterly basis, Share-based Compensation rose 4.01% year-over-year to $2.1 million in Q1 2026; TTM through Mar 2026 was $9.9 million, a 46.99% increase from a year earlier, with the FY2025 full-year figure at $9.8 million, up 53.44% from the prior year.
- Share-based Compensation eased to $2.1 million in Q1 2026 per TRTX's latest filing, from $4.4 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $4.4 million in Q4 2025 and bottomed at $932000.0 in Q3 2022.
- The 5-year median for Share-based Compensation is $1.7 million (2024), against an average of $1.8 million.
- Across the five-year window, Share-based Compensation plunged 42.1% in 2024 and soared 133.17% in 2025, its largest moves.
- Year by year, Share-based Compensation stood at $1.5 million in 2022, then jumped by 113.56% to $3.3 million in 2023, then plunged by 42.1% to $1.9 million in 2024, then surged by 133.17% to $4.4 million in 2025, then slumped by 52.27% to $2.1 million in 2026.
- Per Business Quant, the three latest TRTX Share-based Compensation figures stand at $2.1 million (Q1 2026), $4.4 million (Q4 2025), and $1.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 19.16 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | -6.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 13.99 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 6.69 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 2.37 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 770,000.00 |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 4.42 Mn |
| 10 | TPG RE Finance Trust | 664.36 Mn | 572.36 Mn | - | 2.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.10 Mn |
| Mar 31, 2026 | 2.10 Mn |
| Dec 31, 2025 | 4.40 Mn |
| Dec 31, 2025 | 4.40 Mn |
| Sep 30, 2025 | 1.40 Mn |
| Sep 30, 2025 | 1.40 Mn |
| Jun 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | 2.00 Mn |
| Mar 31, 2025 | 2.02 Mn |
| Mar 31, 2025 | 2.02 Mn |
| Dec 31, 2024 | 1.89 Mn |
| Dec 31, 2024 | 1.89 Mn |
| Sep 30, 2024 | 1.14 Mn |
| Sep 30, 2024 | 1.14 Mn |
| Jun 30, 2024 | 1.69 Mn |
| Jun 30, 2024 | 1.69 Mn |
| Mar 31, 2024 | 1.67 Mn |
| Mar 31, 2024 | 1.67 Mn |
| Dec 31, 2023 | 3.26 Mn |
| Dec 31, 2023 | 3.26 Mn |