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Net margin at other companies

Blackstone Mortgage Trust logo
Blackstone Mortgage TrustBXMT
0.4%
Starwood Property Trust logo
Starwood Property TrustSTWD
18.1%+0.9pp
Apollo Commercial Real Estate Finance logo
Apollo Commercial Real Estate FinanceARI
48%
Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
-294.8%-132pp
FBR
Franklin BSP Realty TrustFBRT
24.3%-14.5pp
Claros Mortgage Trust logo
Claros Mortgage TrustCMTG
-267.1%-782pp

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×

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 net margin?
TPG RE Finance Trust, Inc. (TRTX) reported net margin of 22.1% in Q1 2026.
How has TPG RE Finance Trust, Inc.'s net margin changed year-over-year?
TPG RE Finance Trust, Inc.'s net margin decreased by 9.1% year-over-year, from 24.3% to 22.1%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.