TPG RE Finance Trust (TRTX) Total Non-Current Liabilities (2017 - 2026)
TPG RE Finance Trust's (TRTX) quarterly Total Non-Current Liabilities came in at $3.4 billion in Q1 2026, up 19.33% year-on-year from $2.9 billion in Q1 2025, and up 2.16% quarter-over-quarter from $3.3 billion in Q4 2025.
TPG RE Finance Trust (TRTX) Total Non-Current Liabilities (2017 - 2026) Analysis & Trends
TPG RE Finance Trust's Total Non-Current Liabilities history runs 10 years deep, the most recent figure standing at $3.4 billion for Q1 2026.
- On a quarterly basis, Total Non-Current Liabilities rose 19.33% year-over-year to $3.4 billion in Q1 2026; TTM through Mar 2026 was $3.4 billion, a 19.33% increase from a year earlier, with the FY2025 full-year figure at $3.3 billion, up 27.59% from the prior year.
- Total Non-Current Liabilities grew to $3.4 billion in Q1 2026 per TRTX's latest filing, from $3.3 billion in the prior quarter.
- Across five years, Total Non-Current Liabilities topped out at $4.2 billion in Q4 2022 and bottomed at $2.5 billion in Q3 2024.
- The 5-year median for Total Non-Current Liabilities is $3.1 billion (2023), against an average of $3.2 billion.
- Across the five-year window, Total Non-Current Liabilities surged 62.76% in 2022 and sank 31.69% in 2024, its largest moves.
- Year by year, Total Non-Current Liabilities stood at $4.2 billion in 2022, then retreated by 26.86% to $3.1 billion in 2023, then decreased by 15.31% to $2.6 billion in 2024, then gained by 27.59% to $3.3 billion in 2025, then gained by 2.16% to $3.4 billion in 2026.
- Per Business Quant, the three latest TRTX Total Non-Current Liabilities figures stand at $3.4 billion (Q1 2026), $3.3 billion (Q4 2025), and $3.0 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 122.00 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 106.20 Bn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 54.66 Bn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 43.79 Bn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 15.85 Bn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 18.23 Bn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 21.61 Bn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 20.09 Bn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 8.64 Bn |
| 10 | TPG RE Finance Trust | 664.36 Mn | 572.36 Mn | - | 3.40 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.40 Bn |
| Dec 31, 2025 | 3.33 Bn |
| Sep 30, 2025 | 2.98 Bn |
| Jun 30, 2025 | 3.07 Bn |
| Mar 31, 2025 | 2.85 Bn |
| Dec 31, 2024 | 2.61 Bn |
| Sep 30, 2024 | 2.53 Bn |
| Jun 30, 2024 | 2.57 Bn |
| Mar 31, 2024 | 2.70 Bn |
| Dec 31, 2023 | 3.08 Bn |
| Sep 30, 2023 | 3.31 Bn |
| Jun 30, 2023 | 3.76 Bn |
| Dec 31, 2022 | 4.22 Bn |
| Mar 31, 2022 | 4.02 Bn |
| Dec 31, 2021 | 2.59 Bn |
| Sep 30, 2021 | 3.71 Bn |
| Jun 30, 2021 | 3.72 Bn |
| Mar 31, 2021 | 2.94 Bn |
| Dec 31, 2020 | 3.39 Bn |
| Sep 30, 2020 | 1.84 Bn |