TPG RE Finance Trust, Inc. TRTX Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Net margin | 22.1%+1.3pp | 20.8%-2.8pp | 23.5%0.0pp | 23.5%-0.8pp | 24.3%+0.1pp | |
| Free cash flow margin | 32.1%+1.3pp | 30.8%-1.2pp | 32%-0.5pp | 32.6%+0.5pp | 32%-4.4pp | |
| Returns | ||||||
| Return on equity | 6.1%+0.5pp | 5.5%-0.5pp | 6.1%0.0pp | 6.1%-0.3pp | 6.4%-0.2pp | |
| Return on assets | 1.6%+0.1pp | 1.5%-0.3pp | 1.7%0.0pp | 1.7%-0.1pp | 1.8%0.0pp | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 3.6×— | —— | 3.4×— | —— | —— | |
| Debt-to-assets | 0.9×— | —— | 0.9×— | —— | —— | |
| Per Share | ||||||
| Book value per share | $13.43-0.1% | $13.44-2.1% | $13.74+1.0% | $13.60+0.8% | $13.50-3.2% | |
| Valuation | ||||||
| Market capitalization | $611.95M-9.2% | $673.83M+0.2% | $672.74M+5.6% | $637.26M-3.5% | $660.18M-4.0% | |
| Enterprise value | $4.42B— | —— | $4.35B— | —— | —— | |
| Price / earnings | 9.3×-1.8× | 11.2×+1.1× | 10×+0.6× | 9.5×+0.2× | 9.3×0.0× | |
| Price / sales | 2.1×-0.3× | 2.3×0.0× | 2.4×+0.1× | 2.2×0.0× | 2.3×0.0× | |
| Price / book | 0.6×-0.1× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | |
| EV / sales | 14.9×— | —— | 15.3×— | —— | —— | |
| Free cash flow yield | 15.5%+2.3pp | 13.3%-0.3pp | 13.6%-1.0pp | 14.6%+0.4pp | 14.2%-2.0pp | |
| Earnings yield | 10.7%+1.8pp | 9%-1.0pp | 10%-0.6pp | 10.5%-0.3pp | 10.8%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do TPG RE Finance Trust, Inc.'s ratios come from?
- Every ratio is computed from TPG RE Finance Trust, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
