TPG RE Finance Trust, Inc. TRTX Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Net margin | 22.1%-2.2pp | 20.8%-3.4pp | 23.5%+3.8pp | 23.5%+29.4pp | 24.3%+56.5pp | |
| Free cash flow margin | 32.1%0.0pp | 30.8%-5.6pp | 32%-1.8pp | 32.6%-0.8pp | 32%+5.7pp | |
| Returns | ||||||
| Return on equity | 6.1%-0.4pp | 5.5%-1.1pp | 6.1%+0.4pp | 6.1%+7.8pp | 6.4%+15.8pp | |
| Return on assets | 1.6%-0.3pp | 1.5%-0.4pp | 1.7%+0.2pp | 1.7%+2.2pp | 1.8%+4.3pp | |
| 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 | $13.43-0.5% | $13.44-3.6% | $13.74-0.6% | $13.60-2.1% | $13.50-6.2% | |
| Valuation | ||||||
| Market capitalization | $611.95M-7.3% | $673.83M-2.0% | $672.74M+1.3% | $637.26M-5.3% | $660.18M+9.8% | |
| Enterprise value | $4.42B— | —— | $4.35B— | —— | —— | |
| Price / earnings | 9.3×+0.1× | 11.2×+1.9× | 10×-0.4× | 9.5×— | 9.3×— | |
| Price / sales | 2.1×-0.2× | 2.3×+0.1× | 2.4×+0.3× | 2.2×+0.2× | 2.3×+0.6× | |
| Price / book | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×+0.1× | |
| EV / sales | 14.9×— | —— | 15.3×— | —— | —— | |
| Free cash flow yield | 15.5%+1.3pp | 13.3%-3.0pp | 13.6%-2.9pp | 14.6%-2.0pp | 14.2%-1.3pp | |
| Earnings yield | 10.7%-0.1pp | 9%-1.9pp | 10%+0.4pp | 10.5%+13.5pp | 10.8%+29.7pp |
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.
