TPG RE Finance Trust (TRTX) Shares Outstanding (Entity) (2016 - 2026)
TPG RE Finance Trust's Shares Outstanding (Entity) was 76.99 million in Q2 2026, down 3.1% from 79.42 million a year earlier and down 1.0% from the prior quarter.
TPG RE Finance Trust (TRTX) Shares Outstanding (Entity) (2016 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Entity) at TPG RE Finance Trust came in at 78.32 million, down 3.3% from FY2024.
- Shares Outstanding (Entity) shows a five-year compound annual growth rate of 0.4% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Entity) was 81 million in FY2024 (+4.0%), 77.87 million in FY2023 (+0.6%), 77.41 million in FY2022 (+0.3%) and 77.18 million in FY2021 (+0.5%).
- The Q2 2026 figure marks the lowest quarterly Shares Outstanding (Entity) since Q1 2021.
- Compared with a year earlier, Shares Outstanding (Entity) has declined for five straight quarters, with an average decline of 0.4% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Entity) over five years was Q2 2024 (growth of 4.1%); the worst was Q1 2026 (a decline of 3.5%).
- Per Business Quant data, TRTX's Shares Outstanding (Entity) in the three quarters before Q2 2026 was 77.8 million (Q1 2026), 78.32 million (Q4 2025) and 78.31 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 3.76 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 575.00 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 | - | 337.18 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 325.00 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 84.67 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 750.57 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | TPG RE Finance Trust | 481.93 Mn | 89.70 Mn | - | 76.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.99 Mn |
| Mar 31, 2026 | 77.80 Mn |
| Dec 31, 2025 | 78.32 Mn |
| Sep 30, 2025 | 78.31 Mn |
| Jun 30, 2025 | 79.42 Mn |
| Mar 31, 2025 | 80.63 Mn |
| Dec 31, 2024 | 81.00 Mn |
| Sep 30, 2024 | 80.93 Mn |
| Jun 30, 2024 | 80.93 Mn |
| Mar 31, 2024 | 77.87 Mn |
| Dec 31, 2023 | 77.87 Mn |
| Sep 30, 2023 | 77.73 Mn |
| Jun 30, 2023 | 77.73 Mn |
| Mar 31, 2023 | 77.41 Mn |
| Dec 31, 2022 | 77.41 Mn |
| Sep 30, 2022 | 77.41 Mn |
| Jun 30, 2022 | 77.40 Mn |
| Mar 31, 2022 | 77.19 Mn |
| Dec 31, 2021 | 77.18 Mn |
| Sep 30, 2021 | 77.05 Mn |
TPG RE Finance Trust Shares Outstanding (Entity) 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-entity&ticker=TRTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();