TPG RE Finance Trust, Inc. (TRTX) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

TPG RE Finance Trust, Inc. (TRTX) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

TRTX Income Statement

TPG RE Finance Trust, Inc. (TRTX) annual income statement — 11-year revenue, gross profit & net income history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Revenue	91.58M	84.39M	85.77M	84.02M	86.66M	82.23M	78.9M	78.81M	88.48M	89.65M	93.99M	94.26M	97.46M	103.18M	95.25M	101.17M	76.86M	66.65M	61.03M	60.32M
Revenue Growth %	5.68%	2.64%	8.71%	6.6%	-2.06%	-8.28%	-16.06%	-16.39%	-9.22%	-13.12%	-1.32%	-6.82%	26.81%	54.81%	56.05%	67.71%	27.93%	7.38%	4.79%	-2.75%
Property Operating Expenses	13.9M	12.86M	16.69M	12.56M	16.89M	19.87M	16.76M	18.33M	16.57M	17.51M	16.81M	8.61M	9.88M	8.91M	5.88M	6.48M	6.4M	11.53M	6.2M	6.1M
Net Operating Income (NOI)	77.68M	71.54M	69.08M	71.46M	69.77M	62.35M	62.13M	60.49M	71.91M	72.14M	77.18M	85.65M	87.58M	94.27M	89.36M	94.69M	70.46M	55.12M	54.83M	54.22M
NOI Margin %	84.82%	84.76%	80.55%	85.06%	80.51%	75.83%	78.75%	76.75%	81.27%	80.47%	82.11%	90.87%	89.86%	91.36%	93.82%	93.6%	91.67%	82.7%	89.84%	89.89%
Operating Expenses	12.55M	7.92M	1.57M	15.93M	-1.15M	2.44M	4.62M	4.95M	477K	-3.86M	4.06M	22.83M	77.59M	92.77M	11.81M	-6.88M	139.87M	45.72M	8.46M	3.67M
G&A Expenses	890K	4.35M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EBITDA	65.13M	63.62M	70.09M	58.06M	73.61M	63.27M	61.51M	59.65M	74.65M	80.24M	77.04M	64.01M	11.33M	2.45M	77.55M	101.57M	-69.41M	22.69M	46.37M	66.35M
EBITDA Margin %	71.11%	75.38%	81.72%	69.11%	84.94%	76.95%	77.96%	75.69%	84.37%	89.5%	81.97%	67.91%	11.63%	2.37%	81.42%	100.4%	-90.31%	34.05%	75.97%	109.98%
Depreciation & Amortization	0	0	2.58M	2.53M	2.69M	3.36M	3.99M	4.12M	3.21M	4.24M	3.93M	1.19M	1.34M	944K	0	0	0	0	0	0
D&A / Revenue %	0%	0%	3%	3.01%	3.1%	4.09%	5.06%	5.22%	3.63%	4.73%	4.18%	1.26%	1.38%	0.91%	0%	0%	0%	0%	0%	0%
Operating Income	65.13M	63.62M	67.51M	55.54M	70.92M	59.91M	57.52M	55.54M	71.43M	76M	73.11M	62.82M	9.99M	1.5M	77.55M	101.57M	-69.41M	9.4M	46.37M	50.56M
Operating Margin %	71.11%	75.38%	78.71%	66.1%	81.84%	72.86%	72.9%	70.47%	80.73%	84.78%	77.79%	66.65%	10.25%	1.46%	81.42%	100.4%	-90.31%	14.11%	75.97%	83.81%
Interest Expense	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Interest Coverage	1.17x	1.26x	1.39x	1.08x	1.45x	1.45x	1.31x	1.23x	1.45x	1.48x	1.31x	1.10x	0.14x	0.02x	1.11x	1.56x	-1.54x	0.81x	2.06x	3.04x
Non-Operating Income	0	0	0	0	0	-6.97M	0	0	0	0	0	-7.03M	0	0	0	0	0	-13.29M	0	-15.79M
Pretax Income	9.47M	13.23M	19.05M	4.06M	22.1M	20.76M	13.78M	10.53M	22.26M	24.82M	17.13M	6.45M	-61.21M	-69.17M	7.56M	36.4M	-114.48M	-5.32M	23.87M	44.54M
Pretax Margin %	10.34%	15.68%	22.21%	4.83%	25.5%	25.25%	17.46%	13.35%	25.16%	27.68%	18.23%	6.84%	-62.8%	-67.03%	7.94%	35.98%	-148.95%	-7.98%	39.1%	73.84%
Income Tax	104K	101K	112K	85K	109K	128K	56K	-157K	66K	100K	390K	65K	5K	5K	184K	202K	125K	118K	85K	-336K
Effective Tax Rate %	1.1%	0.76%	0.59%	2.09%	0.49%	0.62%	0.41%	-1.49%	0.3%	0.4%	2.28%	1.01%	-0.01%	-0.01%	2.43%	0.56%	-0.11%	-2.22%	0.36%	-0.75%
Net Income	9.37M	13.13M	18.94M	3.98M	21.99M	20.63M	13.72M	10.68M	22.19M	24.71M	16.74M	6.38M	-61.21M	-69.17M	7.38M	36.19M	-114.61M	-5.43M	23.78M	44.88M
Net Margin %	10.23%	15.56%	22.08%	4.73%	25.38%	25.09%	17.39%	13.55%	25.08%	27.57%	17.81%	6.77%	-62.81%	-67.04%	7.74%	35.78%	-149.11%	-8.15%	38.96%	74.4%
Net Income Growth %	-57.41%	-36.35%	38.05%	-62.78%	-0.91%	-16.52%	-18.07%	67.4%	136.26%	135.73%	127.04%	-82.37%	46.59%	-1172.97%	-68.99%	-19.35%	-490.82%	-116.78%	-25.58%	207.62%
Funds From Operations (FFO)	11.84M	15.75M	21.52M	6.5M	24.68M	23.99M	17.71M	14.8M	25.41M	28.95M	20.67M	7.57M	-59.87M	-68.23M	7.38M	36.19M	-114.61M	-5.43M	23.78M	44.88M
FFO Margin %	12.93%	18.67%	25.09%	7.74%	28.48%	29.18%	22.45%	18.78%	28.72%	32.29%	21.99%	8.03%	-61.43%	-66.12%	7.74%	35.78%	-149.11%	-8.15%	38.96%	74.4%
FFO Growth %	-52.01%	-34.33%	21.48%	-56.05%	-2.87%	-17.13%	-14.32%	95.48%	142.44%	142.43%	-	-	-	-	-	-	-	-	-	-
FFO per Share	0.15	0.20	0.27	0.08	0.31	0.30	0.22	0.18	0.31	0.36	0.27	0.10	-0.77	-0.88	0.09	0.47	-1.48	-0.07	0.29	0.55
FFO Payout Ratio %	159.76%	122.12%	89.93%	294%	78.95%	83.01%	112.8%	133.31%	77.92%	66.19%	92.7%	249.89%	-31.68%	-27.8%	257.22%	51.7%	-16.34%	-344.07%	101.58%	41.42%
EPS (Diluted)	0.08	0.12	0.19	0.00	0.23	0.21	0.12	0.09	0.23	0.26	0.17	0.03	-0.83	-0.94	0.05	0.42	-1.52	-0.11	0.25	0.51
EPS Growth %	-65.22%	-42.86%	58.33%	-97.19%	0%	-19.23%	-29.41%	151.92%	127.71%	127.66%	246.94%	-91.93%	45.39%	-754.55%	-80.4%	-17.65%	-575%	59.26%	-16.67%	489.6%
EPS (Basic)	0.08	0.12	0.19	0.00	0.24	0.21	0.12	0.09	0.23	0.26	0.17	0.03	-0.83	-0.94	0.05	0.42	-1.52	-0.11	0.26	0.54
Diluted Shares Outstanding	76.49M	78.03M	79.06M	78.32M	78.81M	80.21M	81.77M	80.93M	81.37M	80.91M	77.87M	77.74M	77.73M	77.42M	78.09M	77.41M	77.4M	77.19M	81.79M	81.98M