TPG RE Finance Trust (TRTX) Total Non-Current Liabilities (2017 - 2026)
TPG RE Finance Trust (TRTX) reported Total Non-Current Liabilities of $3.4 billion for Q1 2026, up 19.33% on a YoY basis 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 has reported Total Non-Current Liabilities for 10 years, with the latest figure at $3.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Total Non-Current Liabilities rose 19.33% year-over-year to $3.4 billion; the trailing twelve-month figure through Mar 2026 stood at $3.4 billion (up 19.33% YoY), and the FY2025 full-year result was $3.3 billion, up 27.59% from the prior year.
- Total Non-Current Liabilities for Q1 2026 stood at $3.4 billion, up from $3.3 billion in the prior quarter.
- The five-year high for Total Non-Current Liabilities was $4.2 billion in Q4 2022, with the low at $2.5 billion in Q3 2024.
- Historically, Total Non-Current Liabilities has averaged $3.2 billion across 5 years, with a median of $3.1 billion in 2023.
- Annual changes were most pronounced in 2022 — Total Non-Current Liabilities soared 327.63% — and 2024, when it plunged 31.69%.
- TPG RE Finance Trust's Total Non-Current Liabilities stood at $4.2 billion in 2022, then fell by 26.86% to $3.1 billion in 2023, then retreated by 15.31% to $2.6 billion in 2024, then rose by 27.59% to $3.3 billion in 2025, then rose by 2.16% to $3.4 billion in 2026.
- The last three Total Non-Current Liabilities figures came in at $3.4 billion (Q1 2026), $3.3 billion (Q4 2025), and $3.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 122.00 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 106.28 Bn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 54.66 Bn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 43.79 Bn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 15.85 Bn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 21.61 Bn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 19.10 Bn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 18.23 Bn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 8.79 Bn |
| 10 | TPG RE Finance Trust | 665.15 Mn | 573.15 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 | 2.58 Bn |
| Sep 30, 2021 | 2.84 Bn |
| Jun 30, 2021 | 2.92 Bn |
| Mar 31, 2021 | 939.32 Mn |
| Dec 31, 2020 | 1.91 Bn |
| Sep 30, 2020 | 1.83 Bn |