TPG RE Finance Trust (TRTX) Share-based Compensation (2018 - 2026)
TPG RE Finance Trust's Share-based Compensation was $2.1 million in Q2 2026, up 5.0% from $2 million a year earlier and unchanged from the prior quarter.
TPG RE Finance Trust (TRTX) Share-based Compensation (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, TPG RE Finance Trust's Share-based Compensation was $10 million through Jun 30, 2026, up 41.7% year-over-year; for FY2025, it came in at $9.81 million, up 53.2% from FY2024.
- Share-based Compensation shows a five-year compound annual growth rate of 11.2% (FY2020 to FY2025).
- In earlier years, Share-based Compensation was $6.4 million in FY2024 (-20.3%), $8.03 million in FY2023 (+58.9%), $5.05 million in FY2022 (-12.3%) and $5.76 million in FY2021 (-0.1%).
- Quarterly Share-based Compensation has moved between $932,000 (Q3 2022) and $4.4 million (Q4 2025) over five years.
- Compared with a year earlier, Share-based Compensation has increased for six straight quarters, with growth averaging 19.9% over the last eight quarters.
- The best year-over-year quarter for Share-based Compensation over five years was Q4 2025 (growth of 131.8%); the worst was Q4 2024 (a decline of 41.7%).
- Per Business Quant data, TRTX's Share-based Compensation in the three quarters before Q2 2026 was $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) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 89.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 67.18 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 3.29 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | TPG RE Finance Trust | 481.93 Mn | 89.70 Mn | - | 2.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.10 Mn |
| Mar 31, 2026 | 2.10 Mn |
| Dec 31, 2025 | 4.40 Mn |
| Sep 30, 2025 | 1.40 Mn |
| Jun 30, 2025 | 2.00 Mn |
| Mar 31, 2025 | 2.02 Mn |
| Dec 31, 2024 | 1.90 Mn |
| Sep 30, 2024 | 1.14 Mn |
| Jun 30, 2024 | 1.70 Mn |
| Mar 31, 2024 | 1.67 Mn |
| Dec 31, 2023 | 3.26 Mn |
| Sep 30, 2023 | 1.15 Mn |
| Jun 30, 2023 | 1.81 Mn |
| Mar 31, 2023 | 1.80 Mn |
| Dec 31, 2022 | 1.53 Mn |
| Sep 30, 2022 | 932,000.00 |
| Jun 30, 2022 | 1.33 Mn |
| Mar 31, 2022 | 1.27 Mn |
| Dec 31, 2021 | 1.66 Mn |
| Sep 30, 2021 | 1.25 Mn |
TPG RE Finance Trust Share-based Compensation 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=share-based-compensation&ticker=TRTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();