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| Date | Value |
|---|---|
| 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 |