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TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) stock price & volume — 10-year historical chart
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $0.26vs $0.25+5.7% | $12Mvs $22M-43.9% |
| Q1 2026 | Feb 17, 2026 | $0.25vs $0.24+2.8% | $22Mvs $23M-2.3% |
| Q4 2025 | Nov 4, 2025 | $0.64vs $0.20+225.6% | $122Mvs $20M+506.3% |
| Q3 2025 | Aug 1, 2025 | $0.13vs $0.24-44.1% | $15Mvs $21M-29.4% |
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) competitors in Residential credit and whole-loan REITs — business model, growth, and fundamentals comparison
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 114.75M | 127.41M | 123.17M | -367.89M | 102.98M | 218K | 63.66M | 413.19M | 472.69M | 399.76M |
| Revenue Growth % | -7.59% | 11.03% | -3.33% | -398.69% | 127.99% | -99.79% | 29100% | 549.1% | 14.4% | 19.37% |
| Property Operating Expenses | 10.07M | 9.98M | 0 | 0 | 0 | 0 | 0 | 21.05M | 35.71M | 25.08M |
| Net Operating Income (NOI) | 104.68M▲ 0% | 117.43M▲ 12.2% | 123.17M▲ 4.9% | -367.89M▼ 398.7% | 102.98M▲ 128.0% | 218K▼ 99.8% | 63.66M▲ 29100.0% | 392.14M▲ 516.0% | 436.98M▲ 11.4% | 374.67M▲ 0% |
| NOI Margin % | 91.23% | 92.17% | 100% | 100% | 100% | 100% | 100% | 94.9% | 92.45% | 93.73% |
| Operating Expenses | -51.32M | -78.42M | 10.17M | 7.34M | 6.81M | 8.1M | 7.71M | -6.34M | -13.55M | 3.11M |
| G&A Expenses | 1 | 0 | 10.17M | 7.34M | 6.81M | 8.1M | 7.71M | 7.53M | 0 | 2.3M |
| EBITDA | 255.12M | 176.35M | 112.99M | -375.23M | 96.17M | -7.88M | 55.95M | 398.36M | 473.5M | 373.01M |
| EBITDA Margin % | 222.33% | 138.42% | 91.74% | 102% | 93.38% | -3613.76% | 87.89% | 96.41% | 100.17% | 93.31% |
| Depreciation & Amortization | 1.22M | 131.58M | 0 | 0 | 0 | 0 | 0 | 0 | 22.97M | 0 |
| D&A / Revenue % | 1.06% | 103.28% | 0% | 0% | 0% | 0% | 0% | 0% | 4.86% | 0% |
| Operating Income | 253.91M▲ 0% | 44.77M▼ 82.4% | 112.99M▲ 152.4% | -375.23M▼ 432.1% | 96.17M▲ 125.6% | -7.88M▼ 108.2% | 55.95M▲ 810.1% | 398.36M▲ 612.1% | 450.53M▲ 13.1% | 371.56M▲ 0% |
| Operating Margin % | 221.27% | 35.14% | 91.74% | 102% | 93.38% | -3613.76% | 87.89% | 96.41% | 95.31% | 92.95% |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 342.6M | 403.8M | 3M |
| Interest Coverage | - | - | - | - | - | - | - | 1.16x | 1.12x | - |
| Non-Operating Income | 140.37M | 9.3M | 112.99M | -375.23M | 96.17M | -7.88M | 55.95M | 23K | -2.82M | 11.29M |
| Pretax Income | 263.19M▲ 0% | 66.33M▼ 74.8% | 97.87M▲ 47.6% | 422.4M▲ 331.6% | 104.19M▼ 75.3% | -53.1M▼ 151.0% | 53.78M▲ 201.3% | 55.74M▲ 3.6% | 49.56M▼ 11.1% | 34.65M▲ 0% |
| Pretax Margin % | 229.36% | 52.06% | 79.46% | -114.82% | 101.17% | -24357.8% | 84.49% | 13.49% | 10.48% | 8.67% |
| Income Tax | 157.26M | 66.33M | 531K | 815K | 0 | 0 | 0 | 0 | 888K | 1.02M |
| Effective Tax Rate % | 59.75% | 100% | 0.54% | 0.19% | 0% | 0% | 0% | 0% | 1.79% | 2.93% |
| Net Income | 105.94M▲ 0% | -12.09M▼ 111.4% | 92.92M▲ 868.6% | -420.92M▼ 553.0% | 104.19M▲ 124.8% | -53.1M▼ 151.0% | 53.78M▲ 201.3% | 55.74M▲ 3.6% | 48.67M▼ 12.7% | 33.63M▲ 0% |
| Net Margin % | 92.32% | -9.49% | 75.44% | 114.41% | 101.17% | -24357.8% | 84.49% | 13.49% | 10.3% | 8.41% |
| Net Income Growth % | 70.41% | -111.41% | 868.65% | -552.98% | 124.75% | -150.97% | 201.29% | 3.63% | -12.68% | -27.4% |
| Funds From Operations (FFO) | 107.15M▲ 0% | 119.49M▲ 11.5% | 92.92M▼ 22.2% | -420.92M▼ 553.0% | 104.19M▲ 124.8% | -53.1M▼ 151.0% | 53.78M▲ 201.3% | 66.46M▲ 23.6% | 71.64M▲ 7.8% | 61.4M▲ 0% |
| FFO Margin % | 93.38% | 93.79% | 75.44% | 114.41% | 101.17% | -24357.8% | 84.49% | 16.08% | 15.15% | 15.36% |
| FFO Growth % | 0.16% | 11.52% | - | - | - | - | - | - | 7.79% | -67.84% |
| FFO per Share | 11.53 | 12.63 | 8.66 | -35.88 | 6.42 | -2.32 | 2.55 | 2.25 | 2.31 | 1.93 |
| FFO Payout Ratio % | 61.98% | 57.51% | 0% | -8.38% | 28.43% | -71.12% | 66.53% | 55.96% | 34.15% | 17.81% |
| EPS (Diluted) | 11.31▲ 0% | -1.28▼ 111.3% | 8.36▲ 753.1% | -36.79▼ 540.1% | 5.29▲ 114.4% | -3.12▼ 159.0% | 1.68▲ 153.8% | 1.23▼ 26.8% | 0.88▼ 28.5% | 1.06▲ 0% |
| EPS Growth % | 109.83% | -111.32% | 753.13% | -540.07% | 114.38% | -158.98% | 153.85% | -26.79% | -28.46% | -61.47% |
| EPS (Basic) | 11.31 | -1.28 | 8.35 | -36.79 | 5.29 | -3.12 | 1.68 | 1.23 | 0.88 | - |
| Diluted Shares Outstanding | 9.29M | 9.46M | 10.73M | 11.73M | 16.23M | 22.89M | 21.1M | 29.51M | 31.06M | 31.74M |
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 3B | 11.38M | 4.35B | 1.4B | 3.36B | 4.37B | 6.13B | 6.91B | 8.71B | 8.29B |
| Asset Growth % | 58.08% | -99.62% | 38112.49% | -67.8% | 140.19% | 29.95% | 40.2% | 12.85% | 26.01% | 73.26% |
| Real Estate & Other Assets | -3.79B | -3.55B | -17.77M | -3.16M | -3.36B | 0 | 0 | 0 | 30.36M | 60.66M |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investment Securities | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | 1000K |
| Total Current Assets | 3.88B | 3.64B | 0 | 0 | 116.38M | 0 | 0 | 0 | 76.32M | 67.72M |
| Cash & Equivalents | 52.81M | 81.39M | 125.37M | 62.32M | 100.23M | 98.8M | 125.57M | 138.57M | 76.32M | 67.72M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Other Current Assets | 3.79B | 3.55B | -140.61M | -66.19M | 3.41B | -120.2M | -156.14M | -173.5M | -49.1M | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 281.93K | 287K | 3.5B | 990.34M | 2.79B | 3.91B | 5.6B | 6.37B | 8.15B | 7.74B |
| Total Debt | 2.49M | 6.06M | 3.46B | 929.21M | 2.78B | 3.88B | 5.56B | 6.33B | 8.1B | 7.7B |
| Net Debt | -50.32M | -75.32M | 3.33B | 866.89M | 2.68B | 3.78B | 5.44B | 6.19B | 8.02B | 7.63B |
| Long-Term Debt | 0 | 0 | 168.32M | 418.29M | 999.22M | 3.26B | 4.8B | 5.59B | 7.27B | 6.85B |
| Short-Term Borrowings | 0 | 0 | 3.29B | 510.91M | 1.78B | 621.19M | 767.59M | 742.11M | 826.39M | 850.23M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 3.12B | 5.62B | 0 | 0 | 1.78B | 0 | 0 | 0 | 826.39M | 850.23M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 3.08B | 2.89B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 2.98B | 2.8B | -168.32M | -418.29M | 15.39M | -3.26B | -4.8B | -5.59B | 50.02M | 47.33M |
| Total Equity | 6.78B▲ 0% | 6.21B▼ 8.4% | 849.05M▼ 86.3% | 409.7M▼ 51.7% | 570.38M▲ 39.2% | 462.8M▼ 18.9% | 528.37M▲ 14.2% | 543.42M▲ 2.8% | 560.73M▲ 3.2% | 544.4M▲ 0% |
| Equity Growth % | 50.85% | -8.43% | -86.33% | -51.75% | 39.22% | -18.86% | 14.17% | 2.85% | 3.19% | 7.49% |
| Shareholders Equity | 3.79B | 3.55B | 849.05M | 409.7M | 570.38M | 462.8M | 528.37M | 543.42M | 560.73M | 544.4M |
| Minority Interest | 2.99B | 2.66B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 0 | 0 | 327K | 414K | 239K | 212K | 294K | 296K | 317K | 317K |
| Additional Paid-in Capital | 585.53M | 595.41M | 662.18M | 688.87M | 796.47M | 778.61M | 823.72M | 824.38M | 840.4M | 840.4M |
| Retained Earnings | 714.26M | 656.01M | -85.92M | -518.06M | -446.8M | -536.49M | -516.11M | -501.73M | -500.46M | -516.79M |
| Preferred Stock | 0 | 0 | 272.46M | 238.48M | 220.47M | 220.47M | 220.47M | 220.47M | 220.47M | 220.47M |
| Return on Assets (ROA) | 4.32% | -0.8% | 4.26% | -14.65% | 4.38% | -1.37% | 1.02% | 0.85% | 0.62% | 0.4% |
| Return on Equity (ROE) | 1.88% | -0.19% | 2.63% | -66.88% | 21.26% | -10.28% | 10.85% | 10.4% | 8.82% | 6.11% |
| Debt / Assets | 0.08% | 53.3% | 79.53% | 66.37% | 82.58% | 88.87% | 90.83% | 91.56% | 92.99% | 92.86% |
| Debt / Equity | 0.00x | 0.00x | 4.07x | 2.27x | 4.87x | 8.39x | 10.53x | 11.65x | 14.45x | 14.45x |
| Net Debt / EBITDA | -0.20x | -0.43x | 29.49x | - | 27.83x | - | 97.22x | 15.54x | 16.95x | 16.95x |
| Book Value per Share | 729.66 | 656.20 | 79.10 | 34.93 | 35.13 | 20.22 | 25.04 | 18.41 | 18.05 | 17.15 |
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 80.23M | 100.99M | 81.38M | 34.77M | 26.3M | 39.09M | 28.13M | 55.84M | 63.75M | 63.75M |
| Operating CF Growth % | 19% | 25.87% | -19.42% | -57.27% | -24.37% | 48.66% | -28.04% | 98.48% | 14.17% | 44.07% |
| Operating CF / Revenue % | 69.92% | 79.27% | 66.07% | -9.45% | 25.54% | 17933.49% | 44.2% | 13.51% | 13.49% | 15.95% |
| Net Income | 118.56M | 3.5M | 97.34M | -421.58M | 104.19M | -53.1M | 53.78M | 55.74M | 48.67M | 33.63M |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.72M | 22.97M | 27.77M |
| Stock-Based Compensation | 0 | 0 | 0 | 582K | 320K | 327K | 380K | 667K | 712K | 669K |
| Other Non-Cash Items | -35.9M | 86.38M | -14.16M | 460.54M | -72.6M | 90.77M | -28.21M | -15.69M | -8.41M | 5.84M |
| Working Capital Changes | 1.35M | 11.11M | -1.8M | -4.77M | -5.61M | 1.1M | 2.18M | 4.4M | -186K | -1K |
| Cash from Investing | -1.15B | 138.08M | -763.11M | 2.16B | -1.9B | -1.51B | -433.5M | -713.13M | -1.67B | -1.03B |
| Acquisitions (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | -2.26B | -2.46B | -2.28B | -549.19M | 0 | -110.62M | -316M | -654.09M | -81.22M | -84.12M |
| Sale of Investments | 1.07B | 2.96B | 1.72B | 2.84B | 0 | 547.87M | 300.09M | 607.14M | 6.84M | 4.17M |
| Other Investing | 8.94M | -128.82M | -205.51M | -130.86M | -1.9B | -1.94B | -417.6M | -666.19M | -1.59B | -945.68M |
| Cash from Financing | 1.05B | -207.53M | 722.7M | -2.26B | 1.91B | 1.47B | 432.14M | 670.29M | 1.55B | 896.22M |
| Dividends Paid | -69.2M | -68.72M | -77.58M | -35.28M | -29.62M | -37.77M | -35.78M | -37.19M | -24.46M | -20.83M |
| Common Dividends | -66.41M | -68.72M | 0 | -35.28M | -29.62M | -37.77M | -35.78M | -37.19M | 0 | 10.94M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Share Repurchases | 0 | 0 | 0 | 0 | -3.56M | -18.22M | -6.35M | 0 | 0 | 0 |
| Other Financing | 9.73M | 102.08M | -104.76M | -54.75M | 92.16M | 8.71M | -9.04M | -251K | -21.27M | 1.22B |
| Net Change in Cash | -26.24M▲ 0% | 28.57M▲ 208.9% | 43.98M▲ 54.0% | -63.05M▼ 243.3% | 37.91M▲ 160.1% | -1.43M▼ 103.8% | 26.77M▲ 1977.3% | 12.99M▼ 51.5% | -62.25M▼ 579.0% | -61.49M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 3.01M | -162K | 10K | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 79.05M | 52.81M | 81.39M | 125.37M | 62.32M | 100.23M | 98.8M | 125.57M | 138.57M | 76.32M |
| Cash at End | 52.81M | 81.39M | 125.37M | 62.32M | 100.23M | 98.8M | 125.57M | 138.57M | 76.32M | 67.72M |
| Free Cash Flow | 76.83M▲ 0% | 75.83M▼ 1.3% | 81.38M▲ 7.3% | 34.77M▼ 57.3% | 26.3M▼ 24.4% | 39.09M▲ 48.7% | 28.13M▼ 28.0% | 55.84M▲ 98.5% | 63.75M▲ 14.2% | 67.91M▲ 0% |
| FCF Growth % | 13.96% | -1.3% | 7.32% | -57.27% | -24.37% | 48.66% | -28.04% | 98.48% | 14.17% | 6.66% |
| FCF / Revenue % | 66.96% | 59.52% | 66.07% | -9.45% | 25.54% | 17933.49% | 44.2% | 13.51% | 13.49% | 16.99% |
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 11.53 | 12.63 | 8.66 | -35.88 | 6.42 | -2.32 | 2.55 | 2.25 | 2.31 | 1.93 |
| FFO Payout Ratio | 61.98% | 57.51% | 0% | -8.38% | 28.43% | -71.12% | 66.53% | 55.96% | 34.15% | 17.81% |
| NOI Margin | 91.23% | 92.17% | 100% | 100% | 100% | 100% | 100% | 94.9% | 92.45% | 93.73% |
| Net Debt / EBITDA | -0.20x | -0.43x | 29.49x | - | 27.83x | - | 97.22x | 15.54x | 16.95x | 16.95x |
| Debt / Assets | 0.08% | 53.3% | 79.53% | 66.37% | 82.58% | 88.87% | 90.83% | 91.56% | 92.99% | 92.86% |
| Interest Coverage | - | - | - | - | - | - | - | 1.16x | 1.12x | - |
| Book Value / Share | 729.66 | 656.2 | 79.1 | 34.93 | 35.13 | 20.22 | 25.04 | 18.41 | 18.05 | 17.15 |
| Revenue Growth | -7.59% | 11.03% | -3.33% | -398.69% | 127.99% | -99.79% | 29100% | 549.1% | 14.4% | 19.37% |
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 29, 2026·SEC
Feb 17, 2026·SEC
Dec 16, 2025·SEC
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) stock FAQ — growth, dividends, profitability & financials explained
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) reported $399.8M in revenue for fiscal year 2025. This represents a 222% increase from $124.2M in 2016.
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) grew revenue by 14.4% over the past year. This is steady growth.
Yes, TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) is profitable, generating $33.6M in net income for fiscal year 2025 (10.3% net margin).
Yes, TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) pays a dividend with a yield of 3.12%. This makes it attractive for income-focused investors.
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) has a return on equity (ROE) of 8.8%. This is below average, suggesting room for improvement.
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) generated Funds From Operations (FFO) of $61.4M in the trailing twelve months. FFO is the primary profitability metric for REITs.
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) offers a 3.12% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITN) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates