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Saturday 17 October 2026 Export TRTX’s income statement to Excel — free account

TPG RE Finance Trust, Inc.

TRTX Real Estate Reit Mortgage

TPG RE Finance Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $146.1 million, down 4.57% from fiscal 2024. In the quarter to June 2026, revenue fell 6.05%, EPS fell 42.9%, free cash flow fell 70.5% and total debt rose 15.1%, each against the same quarter a year earlier. Dividend growth for three consecutive years.

5.79 0.13 −2.20%
Market cap
$454.5M
P/E
10.7×
Fwd P/E
10.5×
Dividend yield
16.6%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

TPG RE Finance Trust, Inc. (TRTX) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, TPG RE Finance Trust, Inc. (TRTX) trades at a P/E ratio of 10.7×. Over the past ten years it has ranged from 0.0× (September 2024) to 40.0× (July 2017); the current reading is higher than 47% of that period. That is above the Reit Mortgage industry median of 7.1× and below the Real Estate sector median of 21.6×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 15.4× 35.66%
FY2024 11.3× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 13.2× —
FY2020 0.0× —
FY2019 11.7× 9.60%
FY2018 10.7× 5.76%
FY2017 10.1× (74.71%)
FY2016 40.0× 0.00%

Quarterly newest first

Period P/E ratio Change
Jun 2026 15.5× 25.03%
Mar 2026 12.4× (19.37%)
Dec 2025 15.4× 16.75%
Sep 2025 13.2× 10.88%
36 more quarters

Against its own ten years

Low 0.0× High 40.0×
Ten-year median 11.1×
Current reading's percentile 22

P/E ratio against peers

Company P/E ratio
KREF KKR Real Estate Finance Trust compare n/m
BRSP BrightSpire Capital, Inc. compare n/m
RWT Redwood Trust, Inc. compare n/m
IVR INVESCO MORTGAGE CAPITAL INC compare 3.7×
PMT PennyMac Mortgage Investment Trust compare 4.9×
MFA MFA Financial, Inc. compare 6.5×
TRTX TPG RE Finance Trust, Inc. 10.7×
FBRT Franklin BSP Realty Trust, Inc. compare 14.1×
ABR Arbor Realty Trust compare 38.6×
Reit Mortgage industry median 7.1×
Real Estate sector median 21.6×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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