TPG RE Finance Trust, Inc.

NYSE:TRTX Stock Report

Market Cap: US$709.7m

TPG RE Finance Trust Past Earnings Performance

Past criteria checks 2/6

TPG RE Finance Trust's earnings have been declining at an average annual rate of -16.7%, while the Mortgage REITs industry saw earnings growing at 9.1% annually. Revenues have been declining at an average rate of 38.6% per year. TPG RE Finance Trust's return on equity is 6.2%, and it has net margins of 41.6%.

Key information

-16.7%

Earnings growth rate

-17.1%

EPS growth rate

Mortgage REITs Industry Growth4.5%
Revenue growth rate-38.6%
Return on equity6.2%
Net Margin41.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

TPG RE Finance Trust: I Doubled My Position In The 8% Yielding Preferreds

Nov 11

TPG RE Finance Trust: The Preferreds Are A Buy As Rate Cuts Loom

Aug 17

TPG RE Finance Trust: Winner In mREIT Rally And Wise Income Portfolio

Jul 23

TPG RE Finance Trust: The 11% Dividend Yield Comes With Multifamily Backing

May 09

TPG RE Finance Trust: Why I Bought The 9.5% Yielding Preferreds

Feb 29

TPG RE Finance Trust: The Dividend Yield Is Fat At 15% For A Reason

Dec 19

TPG RE Finance: Attractive Yield, Elevated Risk

Aug 14

TPG RE Finance Trust GAAP EPS of $0.42 beats by $0.29

Feb 21

TPG RE Finance Trust declares $0.24 dividend

Dec 12

TPG RE Finance Trust GAAP EPS of -$1.52

Nov 01

TPG RE Finance Trust declares $0.24 dividend

Sep 13

TPG RE Finance Trust Q2 2022 Earnings Preview

Aug 01

TPG RE Finance Trust: Can This mREIT Sustain Its High Yield?

Jun 18

TPG RE Finance Trust redeems 11% Series B Cumulative Redeemable Preferred Stock

Jun 16

TPG RE Finance Trust beats on revenue

May 04

Is TPG RE Finance Trust, Inc. (NYSE:TRTX) Popular Amongst Institutions?

Feb 23
Is TPG RE Finance Trust, Inc. (NYSE:TRTX) Popular Amongst Institutions?

Have Insiders Been Buying TPG RE Finance Trust, Inc. (NYSE:TRTX) Shares?

Jan 19
Have Insiders Been Buying TPG RE Finance Trust, Inc. (NYSE:TRTX) Shares?

TPG RE Finance Trust: 7.6% Dividend Yield But Risks Abound

Dec 30

Reflecting on TPG RE Finance Trust's (NYSE:TRTX) Share Price Returns Over The Last Year

Dec 15
Reflecting on TPG RE Finance Trust's (NYSE:TRTX) Share Price Returns Over The Last Year

TPG RE Finance Trust reports Q3 results

Nov 04

Revenue & Expenses Breakdown

How TPG RE Finance Trust makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:TRTX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2413355410
30 Jun 2444-28410
31 Mar 24-56-122420
31 Dec 23-74-131420
30 Sep 23-41-101410
30 Jun 23-97-154410
31 Mar 23-44-90450
31 Dec 22-28-74450
30 Sep 22-36-65450
30 Jun 2210879440
31 Mar 2215467390
31 Dec 2116271380
30 Sep 2114736370
30 Jun 2115641370
31 Mar 21169102400
31 Dec 20107-156400
30 Sep 20125-130400
30 Jun 20122-127420
31 Mar 20109-136400
31 Dec 19167126400
30 Sep 19161122380
30 Jun 19152115360
31 Mar 19145110340
31 Dec 18141107340
30 Sep 18136103320
30 Jun 1812997310
31 Mar 1812696300
31 Dec 1712294280
30 Sep 1711589270
30 Jun 1711185250
31 Mar 1710277250
31 Dec 169270220
31 Dec 158159200

Quality Earnings: TRTX has high quality earnings.

Growing Profit Margin: TRTX became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TRTX's earnings have declined by 16.7% per year over the past 5 years.

Accelerating Growth: TRTX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TRTX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (5.3%).


Return on Equity

High ROE: TRTX's Return on Equity (6.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:48
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TPG RE Finance Trust, Inc. is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Derek HewettBofA Global Research
Eric DrayBofA Global Research
William CatherwoodBTIG