TPG RE Finance Trust (TRTX) Shares Outstanding (Diluted Average) (2016 - 2026)

TPG RE Finance Trust (TRTX) reported Shares Outstanding (Diluted Average) of $79.1 million for Q1 2026, down 3.31% on a YoY basis from $81.8 million in Q1 2025, and little changed quarter-over-quarter from $79.4 million in Q4 2025.

TPG RE Finance Trust (TRTX) Shares Outstanding (Diluted Average) (2016 - 2026) Analysis & Trends

TPG RE Finance Trust has reported Shares Outstanding (Diluted Average) for 11 years, with the latest figure at $79.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) fell 3.31% year-over-year to $79.1 million; the trailing twelve-month figure through Mar 2026 stood at $79.1 million (down 3.31% YoY), and the FY2025 full-year result was $79.4 million, down 0.55% from the prior year.
  • Shares Outstanding (Diluted Average) for Q1 2026 stood at $79.1 million, roughly flat from $79.4 million in the prior quarter.
  • The five-year high for Shares Outstanding (Diluted Average) was $81.8 million in Q1 2022, with the low at $77.3 million in Q4 2022.
  • Historically, Shares Outstanding (Diluted Average) has averaged $79.2 million across 5 years, with a median of $79.1 million in 2026.
  • Annual changes were most pronounced in 2022 — Shares Outstanding (Diluted Average) declined 5.64% — and 2025, when it grew 5.01%.
  • TPG RE Finance Trust's Shares Outstanding (Diluted Average) stood at $77.3 million in 2022, then gained by 0.36% to $77.6 million in 2023, then rose by 2.98% to $79.9 million in 2024, then retreated by 0.55% to $79.4 million in 2025, then retreated by 0.48% to $79.1 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $79.1 million (Q1 2026), $79.4 million (Q4 2025), and $78.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 724.36 Mn
2 AGNC Investment 11.42 Bn 10.75 Bn - 1.12 Bn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - -
4 Rithm Capital 5.08 Bn 4.78 Bn - 565.93 Mn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 169.08 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - 200.08 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 119.58 Mn
8 Ellington Financial 1.67 Bn 1.39 Bn - -
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -
10 TPG RE Finance Trust 665.15 Mn 573.15 Mn - 79.06 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 79.06 Mn
Dec 31, 2025 79.45 Mn
Sep 30, 2025 78.81 Mn
Jun 30, 2025 80.92 Mn
Mar 31, 2025 81.77 Mn
Dec 31, 2024 79.89 Mn
Sep 30, 2024 80.31 Mn
Jun 30, 2024 79.60 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 78.09 Mn
Dec 31, 2022 77.30 Mn
Sep 30, 2022 77.40 Mn
Jun 30, 2022 81.24 Mn
Mar 31, 2022 81.79 Mn
Dec 31, 2021 81.68 Mn
Sep 30, 2021 82.03 Mn
Jun 30, 2021 81.33 Mn