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TPG RE Finance Trust, Inc. TRTX Free cash flow margin

Free cash flow margin at other companies

Starwood Property Trust logo
Starwood Property TrustSTWD
25.8%
Ladder Capital logo
Ladder CapitalLADR
95%
Manhattan Bridge Capital logo
Manhattan Bridge CapitalLOAN
55%
Realty Income logo
Realty IncomeO
66.7%+2.7pp
Chicago Atlantic Real Estate Finance logo
Chicago Atlantic Real Estate FinanceREFI
20.5%

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$664.85M-7.3%
Enterprise value$4.47B
P/E10.1×+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 trailing twelve months.

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 free cash flow margin?
TPG RE Finance Trust, Inc. (TRTX) reported free cash flow margin of 32.1% in Q1 2026.
How has TPG RE Finance Trust, Inc.'s free cash flow margin changed year-over-year?
TPG RE Finance Trust, Inc.'s free cash flow margin increased by 0.1% year-over-year, from 32% to 32.1%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.