TPG RE Finance Trust, Inc.
TRTX NYSE· Real Estate Investment Trusts
Last close · Oct 26, 2026
$6.25
KIRA · Stoqly’s AI analyst, in plain words
- TPG RE Finance Trust, Inc. had $146M of revenue in fiscal 2025, down 4.6% on the year before. Over five years, revenue changed −3.8% a year on average.
- TPG RE Finance Trust, Inc. made $60.3M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew −11.4% a year.
- TPG RE Finance Trust, Inc. returned $25.3M to shareholders in fiscal 2025. The diluted share count fell 0.6%.
- TPG RE Finance Trust, Inc. owes $3.2B more than it holds in cash.
Market cap
$494M
P/E
9.8x
Revenue
$146M
Net income
$60.3M
Free cash flow
—
Operating margin
—
TPG RE Finance Trust, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−4.6%
No. Sales fell 4.6% last year.
Does it make a profit?
41.3%
Yes. It keeps 41.3% of every sale as profit.
How healthy are the accounts?
4 / 7
Mixed. It passes 4 of 7 health tests.
How is the share priced?
9.8x
One share costs 9.8 times its yearly profit per share.
What TPG RE Finance Trust, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 17, 2026
- Legal name
- TPG RE Finance Trust, Inc.
- CIK
- 0001630472
TPG RE Finance Trust, Inc. · TRTX
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $156M | $145M | $116M | $153M | $146M |
| Revenue growth | −12.1% | −6.9% | −19.7% | 31.6% | −4.6% |
| Net interest income | $155M | $142M | $88.7M | $108M | $104M |
| Net income | $139M | −$60.1M | −$117M | $74.3M | $60.3M |
| Net margin | 89.0% | −41.4% | −100.2% | 48.5% | 41.3% |
| Diluted EPS | $0.87 | −$0.95 | −$1.69 | $0.75 | $0.57 |
| Cash | |||||
| Cash from operations | $132M | $100M | $80.1M | $112M | $90.4M |
| Share buybacks | — | $0.0M | $0.0M | $0.0M | $25.3M |
| Share count change | 6.6% | −5.4% | 0.4% | 3.0% | −0.6% |
| Debt and strength | |||||
| Cash and short-term investments | $261M | $254M | $206M | $190M | $87.6M |
| Debt incl. finance leases | $3.7B | $4.2B | $3.0B | $2.6B | $3.3B |
| Loans, net | $4.9B | $4.8B | $3.4B | $3.2B | $4.0B |
| Shareholders' equity | $1.5B | $1.3B | $1.1B | $1.1B | $1.1B |
| Returns and quality | |||||
| Return on equity | 10.1% | −4.3% | −9.5% | 6.6% | 5.5% |
| Return on tangible equity | 4.8% | −5.6% | −12.0% | 5.5% | 4.3% |
| Piotroski F-score | — | 3 | 4 | 6 | 4 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
TPG RE Finance Trust, Inc. · TRTX
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $6.25 a share, the company is worth $494M: 9.8 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001630472). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.