What are TPG RE Finance Trust, Inc.'s total assets?

TPG RE Finance Trust, Inc. (TRTX) holds $4.5B in total assets, up 12.9% year over year.

How much debt does TPG RE Finance Trust, Inc. have?

TPG RE Finance Trust, Inc. carries $3.8B in total debt against $1.1B of shareholders' equity, a debt-to-equity ratio of 3.60.

How much cash does TPG RE Finance Trust, Inc. have?

TPG RE Finance Trust, Inc. holds $15.0M in cash and equivalents.

Where does TPG RE Finance Trust, Inc.'s balance sheet data come from?

Every line is extracted from TPG RE Finance Trust, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

TPG RE Finance Trust, Inc. TRTX Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$15M-95.9%	$15M0.0%	$16.4M-92.8%	$165.85M-36.0%	$363.44M+79.0%
Restricted cash	$472K+13.2%	$654K+102%	$868K+80.1%	$572K+14.4%	$417K+46.3%
Accounts receivable, net	-$180K-181%	——	$698K—	——	$221K+602%
Accrued investment income	$18.1M—	$17.2M+7.5%	$19.2M—	——	——
Intangible assets, net	$14.29M—	$15.12M-30.9%	$14.98M—	——	——
Other non-current assets	$102.24M+166%	$31.94M-19.9%	$102.57M+144%	$32.19M-28.1%	$38.5M-46.9%
Gross loans	$4.13B+26.2%	$4.1B+25.1%	$3.63B+11.4%	$3.77B+17.9%	$3.27B-2.8%
Allowance for credit losses	$74.03M+14.4%	$74.5M+21.0%	$64.54M-3.2%	$66.96M+0.2%	$64.72M-9.2%
Accumulated depreciation	$16.72M—	$15.88M+17.0%	$15.01M—	——	——
Total assets	$4.47B+12.9%	$4.41B+18.1%	$4.06B+11.0%	$4.16B+12.6%	$3.96B+3.5%
Deferred revenue	$1.32M+14.3%	$1.94M+11.2%	$1.8M+52.7%	$2.62M+96.7%	$1.15M+19.6%
Current portion of long-term debt	$439.79M—	——	$748.49M—	——	——
Accrued interest	$7.1M+28.4%	$6.75M+1.4%	$6.04M-9.1%	$6.42M-10.1%	$5.53M-37.6%
Dividends payable	$19.24M-3.4%	$19.35M-3.1%	$19.12M-3.1%	$19.48M-1.6%	$19.92M+3.9%
Federal funds purchased and securities sold under repurchase agreements	$738.58M+197%	$618.47M-7.8%	$577.23M+9.3%	$520.99M-1.6%	$248.76M-59.9%
Long-term debt	$3.38B—	——	$2.95B—	——	——
Other non-current liabilities	$5.32M+3.1%	$5.27M+3.2%	$5.24M+2.5%	$5.19M+3.0%	$5.15M+3.3%
Lease intangible liabilities, net	$1.59M—	$1.76M-29.3%	$1.94M—	——	——
Total liabilities	$3.41B+19.3%	$3.34B+27.5%	$2.98B+17.6%	$3.07B+19.4%	$2.86B+5.5%
Common stock	302.5M+373,357%	302.5M+373,357%	302.5M+373,357%	79K-2.5%	81K+3.8%
Additional paid-in capital	$1.74B+0.5%	$1.74B+0.5%	$1.74B+0.4%	$1.73B+0.4%	$1.73B+0.4%
Retained earnings	-$680.58M-8.1%	-$672.65M-9.0%	-$653.74M-8.1%	-$644.21M-6.6%	-$629.74M-3.9%
Total stockholders' equity	$1.06B-3.8%	$1.07B-4.1%	$1.08B-3.7%	$1.09B-3.0%	$1.1B-1.5%
Total liabilities and stockholders' equity	$4.47B+12.9%	$4.41B+18.1%	$4.06B+11.0%	$4.16B+12.6%	$3.96B+3.5%
Interest Receivable - Loans	$18.1M—	$17.2M+7.5%	$19.2M—	——	——
Operating Lease Income - 2022 (Lessor)	$9.64M—	——	$10.33M—	——	——
Operating Lease Income - 2025 (Lessor)	$8.74M—	——	$5.5M—	——	——
Operating Lease Receivables (Current)	$102.24M—	——	$102.57M—	——	——
Loans 90+ Days Past Due	$42M—	$41M—	——	——	——
Finite Lived Intangible Assets - Gross	$31M—	$31M-12.6%	$29.99M—	——	——
Net Investment in Lease	$102.24M—	——	$102.57M—	——	——
Accounts receivable from servicer/trustee	$43.75M+8,378%	$717K+94.3%	$73.23M+18,823%	$523K-99.1%	$516K-91.2%
Accrued interest and fees receivable	$29.61M+2.1%	$28.43M+4.3%	$31.41M+1.8%	$30.18M+8.5%	$29M-6.6%
Collateralized loan obligation proceeds held at trustee	$0-100%	$3.98M—	$44.23M—	$1.78M—	$69.15M+35.6%
Private debt held-for-investment, at amortized cost, net of valuation allowance – $3 and $4	$4.06B+26.5%	$4.03B+25.2%	$3.57B+11.7%	$3.71B+18.3%	$3.21B-2.7%
Intangible assets — net	$14.29M—	$15.12M-30.9%	$14.98M—	——	——
Other Assets	$26.87M-30.2%	$31.94M-19.9%	$31.52M-25.1%	$32.19M-28.1%	$38.5M-46.9%
Real estate owned, net	$223.65M-12.1%	$224.39M-12.5%	$223.32M+32.2%	$223.24M+32.0%	$254.44M+50.3%
Operating Lease Income - 2026 (Lessor)	$8.86M—	——	$8.59M—	——	——
Operating Lease Income - 2027 (Lessor)	$5.56M—	——	$8.02M—	——	——
Operating Lease Income - 2028 (Lessor)	$8.74M—	——	$5.5M—	——	——
Operating Lease Income - 2029 (Lessor)	$8.86M—	——	$8.59M—	——	——
Operating Lease Income - Thereafter (Lessor)	$53.83M—	——	$57.93M—	——	——
Tax Credit Carryforward Valuation Allowance	$0—	$0—	$0—	——	——
Lease Liability Payments - 2021	$9.64M—	——	$10.33M—	——	——
Repurchase Agreements - Gross	$738.58M+197%	$618.47M-7.8%	$577.23M+9.3%	$520.99M-1.6%	$248.76M-59.9%
Debt Instrument Face Amount	——	$31.5M-63.6%	——	——	——
Debt Maturity - 2024	$452.26M—	——	$86.46M—	——	——
Debt Maturity - 2027	$371.31M—	——	$588.16M—	——	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$12.9M—	$13.7M+2,183%	$7.2M—	——	——
Accrued expenses and other liabilities	$13.86M-4.6%	$15.88M+5.4%	$16.83M+5.6%	$13.8M-10.4%	$14.53M-15.1%
Total Carrying Value of Debt	$3.38B—	$3.31B+28.7%	$2.95B—	——	——
Common Stock Par Value Per Share	$0.00—	$0.000.0%	$0.00—	——	——
Common Stock Shares Issued	77.8M—	78.3M-3.3%	78.3M—	——	——
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$78K-3.7%	$78K-3.7%	$78K-3.7%	$79K-2.5%	$81K+3.8%
Share-Based Payment - Unrecognized Cost of Nonvested Awards	$12.5M—	——	$9.7M—	——	——
Share Repurchase Authorization Limit	$20.1M—	——	——	——	——
Share Repurchase Program - Amount Remaining	$20.1M—	——	——	——	——
Line of Credit Maximum Borrowing Capacity	——	——	——	——	——
Operating Lease Income - 2023 (Lessor)	$5.56M—	——	$8.02M—	——	——
Operating Lease Income - 2024 (Lessor)	$5.56M—	——	$8.02M—	——	——
Allowance for credit losses on loan commitments	$3.1M—	$2.9M+20.8%	$1.6M—	——	——
Below Market Lease Accumulated Amortization	$2.72M—	$2.55M+40.3%	$2.37M—	——	——
Below Market Lease Gross	$4.31M—	$4.31M0.0%	$4.31M—	——	——
Common stock, par value (in dollars per share)	$0—	$00.0%	$0—	——	——
Common stock, shares authorized (in shares)	$302.5M—	$302.5M0.0%	$302.5M—	——	——
Common stock, shares issued (in shares)	$77.8M—	$78.32M-3.3%	$78.31M—	——	——
Common Stock, Shares, Outstanding	$77.8M—	$78.32M-3.3%	$78.31M—	——	——
Long-term debt, gross	$3.38B—	$3.31B+28.7%	$2.95B—	——	——
Deferred Tax Assets, Valuation Allowance	$0—	$0—	$0—	——	——
Unrecognized compensation cost related to non-vested awards	$12.5M—	——	$9.7M—	——	——
Excise tax percentage	100%—	——	100%—	——	——
Allowance for credit losses excluded	$600K+50.0%	$600K+200%	$700K—	——	$400K—
Total allowance for credit losses	$77.14M+14.8%	$77.42M+21.0%	$66.13M-4.6%	——	$67.22M—
Principal Balance	$4.14B—	$4.12B+25.4%	$3.64B—	——	——
Loans past due, trigger percentage	90%—	——	90%—	——	——
Individual assessment, number of loans	0—	0—	0—	——	——
Number of loans, nonaccrual	1—	1—	0—	——	——
Lease financings	-$14.7M—	-$15M-154%	-$10.2M—	——	——
Weighted average credit spread	3.2%—	3.2%-0.5%	3.4%—	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$16.72M—	$15.88M+17.0%	$15.01M—	——	——
Gross Carrying Amount	$31M—	$31M-12.6%	$29.99M—	——	——
Remainder of fiscal 2026	$7.53M—	——	$2.48M—	——	——
Amount outstanding under the credit facility	——	$31.5M-63.6%	——	——	——
Committed Revolving Credit Facilities	——	——	——	——	——
Loan commitment capitalized interest	$1.2M—	$1M+150%	$900K—	——	——
Total loan commitment	$4.32B—	$4.29B+25.7%	$3.75B—	——	——
Loans accrued interest income	$0—	$0—	$0—	——	——
Loans Held For Investment Fair Value Disclosure Nonrecurring	$4.1B—	$4.1B+24.2%	$3.6B—	——	——
Loans Held For Investment Weighted Average Gross Credit Spread	3.2%—	3.2%-0.5%	3.4%—	——	——
2028	$180.47M—	——	$462.99M—	——	——
2029	$371.31M—	——	$588.16M—	——	——
2030	$1.28B—	——	$376.08M—	——	——
2027	$439.79M—	——	$748.49M—	——	——
Remainder of 2026	$452.26M—	——	$86.46M—	——	——
Thereafter	$662.08M—	——	$684.63M—	——	——
Money Market Funds At Carrying Value	$58.7M—	$54.8M-56.1%	$38.9M—	——	——
Number of loans	50—	50+11.1%	47—	——	——
Number of loans accrued paid in kind interest outstanding	2—	——	1—	——	——
Number Of Real Estate Properties	6—	——	6—	——	——
Off-Balance-Sheet, Credit Loss, Liability	$3.1M—	$2.92M+20.9%	$1.59M—	——	——
Accrued paid in kind interest outstanding	$1.22M+134%	$1.04M+189%	$865K—	$692K—	$523K—
Percentage Of Loan Commitment Principal Amount	100%—	100%0.0%	100%—	——	——
Floating rate loans	99.6%—	99.7%0.0%	99.7%—	——	——
Percentage Of Loans And Leases Receivable Unpaid Principal Balance	100%—	100%0.0%	100%—	——	——
Percentage of loans open to repayment by borrower without penalty	41.9%—	——	55.9%—	——	——
Percentage of loans subject to yield maintenance or other prepayment restrictions	58.1%—	——	44.1%—	——	——
Other real estate owned investments held by sub real estate investment trust	$84.9M—	$84.7M—	——	——	——
Share Repurchase Program, Authorized, Amount	——	——	$25M—	——	——
Share Repurchase Program, Remaining Authorized, Amount	$20.1M—	——	——	——	——
Unamortized Debt Issuance Expense	$12.9M—	$13.7M+2,183%	$7.2M—	——	——
Unfunded commitments related to loans held for investment	$173.5M—	$173.6M+35.7%	$106.8M—	——	——
Unfunded loan commitments	$173.5M—	$173.6M+35.8%	$106.78M—	——	——
Weighted average risk rating	300%—	300%—	300%—	——	——
Remainder of Fiscal Year 2024	$452.26M—	——	$86.46M—	——	——
Sublease Income - Thereafter	$53.83M—	——	$57.93M—	——	——

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Questions, answered.

What are TPG RE Finance Trust, Inc.'s total assets?: TPG RE Finance Trust, Inc. (TRTX) holds $4.5B in total assets, up 12.9% year over year.
How much debt does TPG RE Finance Trust, Inc. have?: TPG RE Finance Trust, Inc. carries $3.8B in total debt against $1.1B of shareholders' equity, a debt-to-equity ratio of 3.60.
How much cash does TPG RE Finance Trust, Inc. have?: TPG RE Finance Trust, Inc. holds $15.0M in cash and equivalents.
Where does TPG RE Finance Trust, Inc.'s balance sheet data come from?: Every line is extracted from TPG RE Finance Trust, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.