TPG RE Finance Trust (TRTX) Shares Outstanding (2016 - 2026)
TPG RE Finance Trust's (TRTX) quarterly Shares Outstanding (Entity) came in at $77.0 million in Q2 2026, down 3.07% on a YoY basis from $79.4 million in Q2 2025, and down 1.05% quarter-over-quarter from $77.8 million in Q1 2026.
Analysis
TPG RE Finance Trust (TRTX) Shares Outstanding (2016 - 2026) Analysis & Trends
TPG RE Finance Trust (TRTX) has reported Shares Outstanding (Entity) for 11 consecutive years, with $77.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Shares Outstanding (Entity) fell 3.07% year-over-year to $77.0 million; the trailing twelve-month figure through Jun 2026 stood at $77.0 million (down 3.07% YoY), and the FY2025 full-year result was $78.3 million, down 3.31% from the prior year.
- Shares Outstanding (Entity) eased to $77.0 million in Q2 2026 per TRTX's latest filing, from $77.8 million in the prior quarter.
- Across five years, Shares Outstanding (Entity) topped out at $81.0 million in Q4 2024 and bottomed at $77.0 million in Q2 2026.
- Historically, Shares Outstanding (Entity) has averaged $78.5 million across 5 years, with a median of $77.8 million in 2023.
- The sharpest annual moves came in 2024 and 2026: Shares Outstanding (Entity) increased 4.11% in 2024, then dropped 3.5% in 2026.
- Over 5 years, Shares Outstanding (Entity) stood at $77.4 million in 2022, then advanced by 0.59% to $77.9 million in 2023, then increased by 4.03% to $81.0 million in 2024, then declined by 3.31% to $78.3 million in 2025, then slipped by 1.7% to $77.0 million in 2026.
- According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $77.0 million, $77.8 million, and $78.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 738.93 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 1.16 Bn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 366.40 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 558.35 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 222.22 Mn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 104.94 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 168.96 Mn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 129.13 Mn |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 127.26 Mn |
| 10 | TPG RE Finance Trust | 597.86 Mn | 527.05 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 |