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TPG RE Finance Trust, Inc. TRTX Book value per share

Book value per share at other companies

Blackstone Mortgage Trust logo
Blackstone Mortgage TrustBXMT
$20.20-5.6%
Apollo Commercial Real Estate Finance logo
Apollo Commercial Real Estate FinanceARI
$12.97-3.1%
Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
$11.41-8.2%
FBR
Franklin BSP Realty TrustFBRT
$17.41-4.7%
KKR Real Estate Finance Trust logo
KKR Real Estate Finance TrustKREF
$16.94-11.1%
Seven Hills Realty Trust logo
Seven Hills Realty TrustSEVN
$14.60-19.9%

Other financials

Income statement

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Revenue$74.2M+9.0%
Net income$18.9M+38.1%
EPS (diluted)$0.19+58.3%

Balance sheet

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Cash & equivalents$15.0M-95.9%
Total debt$3.8B
Total equity$1.1B-3.8%
Total assets$4.5B+12.9%

Cash flow

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Operating cash flow$24.6M+28.4%
CapEx$8.0K-96.7%
Free cash flow$24.6M+30.0%

Valuation

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Market cap$657.89M-7.3%
Enterprise value$4.46B
P/E10×+0.1×
P/S2.2×-0.2×

Profitability

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Net margin22.1%-2.2pp

Returns & leverage

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Return on equity6.1%-0.4pp
Debt / equity3.6×

Where this comes from

Calculated from TPG RE Finance Trust, Inc.’s reported figures.

Based on the most recent quarter.

The official record: TPG RE Finance Trust, Inc.’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TPG RE Finance Trust, Inc.'s book value per share?
TPG RE Finance Trust, Inc. (TRTX) reported book value per share of $13.43 in Q1 2026.
How has TPG RE Finance Trust, Inc.'s book value per share changed year-over-year?
TPG RE Finance Trust, Inc.'s book value per share decreased by 0.5% year-over-year, from $13.50 to $13.43.
What is the long-term trend for TPG RE Finance Trust, Inc.'s book value per share?
Over 4 years (2021 to 2025), TPG RE Finance Trust, Inc.'s book value per share has grown at a -6.2% compound annual growth rate (CAGR), from $70.07 to $54.27.
What does book value per share mean?
The accounting net worth of the company behind each share.
How do you interpret book value per share?
A steadily rising book value per share reflects retained earnings compounding into equity. Compare against the share price (price-to-book) to gauge how the market values that book equity.
How does book value per share compare across companies?
Most meaningful for asset- and equity-heavy businesses (financials, industrials); less informative for asset-light firms whose value is intangible.