← TPG RE Finance Trust, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $70.0m |
$94.3m
+34.86%
|
$106.9m
+13.36%
|
$126.3m
+18.10%
|
($151.5m)
-219.96%
|
$70.7m
+146.67%
|
($73.6m)
-204.16%
|
($130.9m)
-77.75%
|
$59.7m
+145.58%
|
$45.5m
-23.78%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $70.0m | $94.4m | $106.9m | $126.3m | ($136.8m) | $138.6m | ($60.1m) | ($116.6m) | $74.3m | $60.3m | — | |
| Depreciation and amortization | — | — | — | — | — | $0 | $0 | $3.6m | $16.0m | $12.7m | $10.4m | |
| Amortization of Debt Issuance Costs | $9.4m | $11.8m | $17.2m | $19.0m | $13.5m | $15.9m | $15.0m | $13.4m | $8.0m | $6.5m | — | |
| Depreciation | — | — | — | — | — | $0 | $0 | $1.0m | $6.0m | $7.7m | $10.4m | |
| Amortization Cash Flow | — | — | — | — | — | $0 | $0 | ($524k) | ($255k) | — | — | |
| Amortization Of Intangibles | — | — | — | — | — | $0 | $0 | ($524k) | ($255k) | — | ($112k) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $0 | $3.1m | $15.7m | $12.6m | $10.4m | |
| Share-based Payment Arrangement, Noncash Expense | — | $33k | $665k | $2.6m | $5.8m | $5.8m | $5.1m | $8.0m | $6.4m | $9.8m | $9.9m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($9.4m) | $849k | $8.8m | ($405k) | $2.6m | |
| Increase (Decrease) in Accounts Receivable | ($4.2m) | ($503k) | ($103k) | $2.3m | ($1.6m) | ($773k) | $504k | ($626k) | ($71k) | $338k | $1.6m | |
| Change In Receivables | — | — | — | — | — | — | ($17.0m) | $11.4m | $4.8m | ($1.9m) | $1.6m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($17.0m) | $11.4m | $4.8m | ($1.9m) | $1.6m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $8.6m | $2.1m | ($6.6m) | $373k | ($1.2m) | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | ($1.8m) | ($3.1m) | ($5.3m) | ($6.5m) | $1.1m | $1.0m | ($16.5m) | $189.9m | $4.1m | $13.9m | — | |
| Change In Accrued Expense | — | — | — | — | — | — | ($143k) | $4.0m | ($3.2m) | $114k | $530k | |
| Increase (Decrease) in Other Operating Assets | $94k | $44k | ($190k) | $402k | $3.6m | ($2.5m) | $1.1m | $12.5m | ($10.1m) | ($947k) | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($1.1m) | ($12.5m) | $10.1m | $947k | $2.8m | |
| Net Cash Provided by (Used in) Operating Activities | $85.7m |
$91.2m
+6.34%
|
$107.7m
+18.12%
|
$121.7m
+12.97%
|
$132.1m
+8.56%
|
$132.2m
+0.06%
|
$100.5m
-23.96%
|
$80.1m
-20.27%
|
$112.1m
+39.94%
|
$90.4m
-19.41%
|
$92.6m
+2.52%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | $111k | — | — | — | — | ($5.1m) | ($5.4m) | ($5.3m) | ($6.1m) | ($9.7m) | |
| Gain (Loss) on Sale of Investments | — | $185k | ($524k) | ($278k) | ($217.2m) | $0 | $0 | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | — | $154.7m | $75.4m | $1.6m | $39.4m | $39.4m | |
| Net Cash Provided by (Used in) Investing Activities | ($544.9m) | ($702.6m) | ($1.2b) | ($1.3b) | $964.6m | ($342.9m) | ($452.6m) | $1.1b | $440.5m | ($789.7m) | ($552.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $2.8b | $611.0m | $514.4m | $4.0b | $3.9b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $2.8b | $611.0m | $514.4m | $4.0b | $3.9b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($2.4b) | ($1.7b) | ($991.2m) | ($3.3b) | ($3.4b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $457.0m | ($1.1b) | ($476.8m) | $735.4m | $493.6m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $457.0m | ($1.1b) | ($476.8m) | $735.4m | $493.6m | |
| Repayment Of Debt | — | — | — | — | — | — | ($2.4b) | ($1.7b) | ($991.2m) | ($3.3b) | ($3.4b) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $0 | $0 | $37k | $25.3m | — | |
| Proceeds from Issuance of Common Stock | — | — | $139.4m | $174.5m | $12.9m | — | $0 | $0 | $177k | $0 | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($80.3m) | ($75.8m) | ($77.8m) | ($78.5m) | ($77.2m) | |
| Common Stock Issuance | — | — | — | — | — | $0 | $0 | $0 | ($37k) | ($25.3m) | $0 | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($37k) | ($25.3m) | ($24.7m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $201.2m | $0 | $0 | — | — | — | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($37k) | ($25.3m) | ($24.7m) | |
| Dividends Payable | $18.3m | $23.1m | $29.0m | $32.8m | $29.5m | $24.2m | $19.0m | $19.2m | $20.0m | $19.4m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($92.9m) | ($88.4m) | ($90.4m) | ($91.1m) | ($89.8m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($12.6m) | ($12.6m) | ($12.6m) | ($12.6m) | ($12.6m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($18.8m) | ($3.6m) | ($1.9m) | ($21.8m) | ($19.3m) | |
| Net Cash Provided by (Used in) Financing Activities | $457.2m |
$583.2m
+27.56%
|
$1.1b
+80.08%
|
$1.2b
+16.74%
|
($856.7m)
-169.88%
|
$152.1m
+117.75%
|
$345.3m
+127.05%
|
($1.2b)
-454.09%
|
($569.2m)
+53.45%
|
$597.1m
+204.91%
|
$359.8m
-39.75%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($2.0m) | ($28.2m) | ($35.0m) | $38.9m | $240.0m | ($58.6m) | ($6.7m) | ($47.3m) | ($16.5m) | ($102.2m) | $66.2m | |
| Beginning Cash Position | — | — | — | — | — | — | $261.0m | $254.3m | $207.0m | $190.5m | $166.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $104.0m | $75.7m | $40.7m | $79.7m | $319.7m | $261.0m | $254.3m | $207.0m | $190.5m | $88.3m | $66.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | $7.4m | $8.7m | — | — | — | — | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $51.3m | $64.0m | $108.1m | $155.3m | $97.8m | $69.2m | $137.5m | $263.7m | $194.4m | $179.7m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Sales of Loans, Net | — | — | — | — | — | ($2.1m) | — | — | — | — | — | |
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | — | — | $15.8m | $13.3m | $7.0m | $0 | $7.0m | — | |
| General and Administrative Expense | $2.2m | $3.0m | $4.0m | $5.6m | $3.6m | $4.4m | $4.4m | $3.8m | $4.3m | $4.3m | — | |
| Income Tax Expense (Benefit) | ($5k) | $146k | $340k | $579k | $305k | $1.1m | $530k | $259k | $399k | $378k | — | |
| Operating Lease, Lease Income | — | — | — | — | — | — | — | $6.3m | $30.6m | $32.0m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $69.8m | ($6.3m) | $173.0m | $189.9m | $4.1m | $13.9m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $345.3m | ($1.2b) | ($569.2m) | $597.1m | $359.8m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($452.6m) | $1.1b | $440.5m | ($789.7m) | ($552.6m) | |
| Change In Account Payable | — | — | — | — | — | — | $8.4m | ($855k) | ($3.6m) | $96k | ($1.2m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($6.7m) | ($47.3m) | ($16.5m) | ($102.2m) | — | |
| Change In Payable | — | — | — | — | — | — | $8.7m | ($1.9m) | ($3.4m) | $259k | ($1.2m) | |
| Changes In Cash | — | — | — | — | — | — | ($6.7m) | ($47.3m) | ($16.5m) | ($102.2m) | ($100.2m) | |
| End Cash Position | — | — | — | — | — | — | $254.3m | $207.0m | $190.5m | $88.3m | $66.2m | |
| Financing Cash Flow | — | — | — | — | — | — | $345.3m |
($1.2b)
-454.09%
|
($569.2m)
+53.45%
|
$597.1m
+204.91%
|
$359.8m
-39.75%
|
|
| Free Cash Flow | — | — | — | — | — | — | $95.4m | $74.8m | $106.8m | $84.2m | $82.9m | |
| Gain Loss On Investment Securities | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | — | $784k | $371k | $260k | $290k | $385k | |
| Investing Cash Flow | — | — | — | — | — | — | ($452.6m) | $1.1b | $440.5m | ($789.7m) | ($552.6m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Net Preferred Stock Issuance | — | — | — | — | — | ($46.2m) | $0 | $0 | — | — | — | |
| Other Non Cash Items | — | — | — | — | — | — | ($12.0m) | ($6.5m) | $812k | ($7.7m) | — | |
| Preferred Stock Issuance | — | — | — | — | — | $201.2m | $0 | $0 | — | — | — | |
| Preferred Stock Payments | — | — | — | — | — | ($247.5m) | $0 | $0 | — | — | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Purchase Of Investment | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $5.1m | $8.0m | $6.4m | $9.8m | $9.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.