TPG RE Finance Trust, Inc. TRTX

Latest FY: 2025 Real Estate REIT - Mortgage
Market Price $7.49
Market Cap $579.04M
P/E Ratio N/A
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↑11.6% YoY
$34.26M
Full year reported
Net Income ↓-18.9% YoY
$60.32M
Net Margin: 176.1%
Free Cash Flow ↓-21.1% YoY
$84.22M
FCF Yield: 14.54%
EPS (Diluted)
N/A
Basic: N/A
Return on Equity Efficiency
5.6%
ROA: 1.4%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (TRTX)

All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
  • FY 2018: Revenue YoY (-23.0%) is identical to Gross Profit YoY (-23.0%). Verify the underlying Revenue and Gross Profit values for FY 2018 and FY 2017.
  • FY 2019: Revenue YoY (+34.2%) is identical to Gross Profit YoY (+34.2%). Verify the underlying Revenue and Gross Profit values for FY 2019 and FY 2018.
  • FY 2020: Revenue YoY (-69.4%) is identical to Gross Profit YoY (-69.4%). Verify the underlying Revenue and Gross Profit values for FY 2020 and FY 2019.
  • FY 2024: Revenue YoY (+292.1%) is identical to Gross Profit YoY (+292.1%). Verify the underlying Revenue and Gross Profit values for FY 2024 and FY 2023.
  • FY 2025: Revenue YoY (+11.6%) is identical to Gross Profit YoY (+11.6%). Verify the underlying Revenue and Gross Profit values for FY 2025 and FY 2024.
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Div / Sh Div Yield Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $85.7M
FY 2017 $1.7M $1.7M $94.4M 0.00% $91.2M $91.1M
FY 2018 $1.3M -23.0% $1.3M $106.9M +13.3% 0.00% $107.7M
FY 2019 $1.8M +34.2% $1.8M $126.3M +18.1% 0.00% $121.7M
FY 2020 $0.5M -69.4% $0.5M $-136.8M -208.3% 0.00% $132.1M
FY 2021 -100.0% $138.6M +201.3% 0.00% $132.2M
FY 2022 $-60.1M -143.4% 0.00% $100.5M $95.4M
FY 2023 $7.8M $7.8M $-116.6M -94.2% 0.00% $80.1M $74.8M -21.7%
FY 2024 $30.7M +292.1% $30.7M $74.3M +163.7% 0.00% $112.1M $106.8M +42.9%
FY 2025 $34.3M +11.6% $34.3M $60.3M -18.9% 0.00% $90.4M $84.2M -21.1%
$

Valuation

Market Price $7.49
Market Cap $579.04M
Enterprise Value $3.80B
P/E Ratio N/A
P/B Ratio 0.54
FCF Yield 14.54%
Dividend Yield N/A
Shares Outstanding 77,308,200
%

Profitability & Margins

Gross Margin 15.52%
Operating Margin 177.17%
Net Margin 176.07%
Return on Equity (ROE) 5.65%
Return on Assets (ROA) 1.37%
Asset Turnover 0.01x
Revenue 3-Yr CAGR N/A
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 3.099
Debt / Assets 0.751
Cash & Equivalents $87.61M
Total Debt $3.31B
Book Value / Share $13.82
💧

Cash Flow Efficiency

Operating Cash Flow $90.36M
Capital Expenditures (CapEx) $6.14M
Free Cash Flow $84.22M
OCF / Revenue 263.76%
FCF / Revenue 245.83%
FCF 3-Yr CAGR -4.08%
🏷️

Per Share Metrics

EPS (Diluted) N/A
EPS (Basic) N/A
Dividends / Share N/A
Book Value / Share $13.82
EPS YoY Growth N/A
🏛️

Balance Sheet (FY 2025)

Total Assets $4.41B
Total Liabilities $3.34B
Stockholders' Equity $1.07B
Current Assets N/A
Current Liabilities N/A