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
DateValue
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