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
DateValue
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