TPG RE Finance Trust (TRTX) Shares Outstanding (2016 - 2026)
TPG RE Finance Trust's Shares Outstanding came in at 77.04 million for Q2 2026, down 3.1% from 79.47 million a year earlier and down 1.5% from the prior quarter.
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Analysis
TPG RE Finance Trust (TRTX) Shares Outstanding (2016 - 2026) Analysis & Trends
For FY2025, TPG RE Finance Trust's Shares Outstanding was 79.3 million, down 0.6% from FY2024.
- Shares Outstanding carries a five-year compound annual growth rate of 0.7% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 79.8 million in FY2024 (+2.9%), 77.58 million in FY2023 (+0.4%), 77.3 million in FY2022 (+0.4%) and 76.98 million in FY2021 (+0.4%).
- The Q2 2026 figure represents the lowest quarterly Shares Outstanding since Q4 2021.
- Year-over-year, Shares Outstanding has declined for four consecutive quarters, with growth averaging 0.1% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding over five years came in Q3 2024 (growth of 4.1%), and the weakest in Q1 2026 (a decline of 3.4%).
- Business Quant data shows TRTX's Shares Outstanding at 78.25 million (Q1 2026), 79.3 million (Q4 2025) and 78.52 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.84 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 445.06 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.87 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 335.16 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 331.30 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 84.78 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 738.93 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | TPG RE Finance Trust | 481.93 Mn | 89.70 Mn | - | 77.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.04 Mn |
| Mar 31, 2026 | 78.25 Mn |
| Dec 31, 2025 | 79.30 Mn |
| Sep 30, 2025 | 78.52 Mn |
| Jun 30, 2025 | 79.47 Mn |
| Mar 31, 2025 | 80.98 Mn |
| Dec 31, 2024 | 79.80 Mn |
| Sep 30, 2024 | 80.93 Mn |
| Jun 30, 2024 | 79.46 Mn |
| Mar 31, 2024 | 77.87 Mn |
| Dec 31, 2023 | 77.58 Mn |
| Sep 30, 2023 | 77.73 Mn |
| Jun 30, 2023 | 77.42 Mn |
| Mar 31, 2023 | 77.41 Mn |
| Dec 31, 2022 | 77.30 Mn |
| Sep 30, 2022 | 77.40 Mn |
| Jun 30, 2022 | 77.19 Mn |
| Mar 31, 2022 | 77.18 Mn |
| Dec 31, 2021 | 76.98 Mn |
| Sep 30, 2021 | 77.06 Mn |
API Access
TPG RE Finance Trust Shares Outstanding 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=shares-outstanding&ticker=TRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();