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Tpg Re Finance
(NYSE:TRTX)
Tpg Re Finance (TRTX) vs. SPDR S&P 500 ETF (SPY)
Tpg Re Finance Business Overview & Revenue Model
Tpg Re Finance Earnings Call Summary
Tpg Re Finance Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 215.29M | 148.97M | -73.52M | 305.71M | 240.72M | 80.81M |
| Gross Profit | 196.30M | 113.34M | -81.05M | 142.98M | 217.59M | 58.81M |
| EBITDA | 197.70M | 0.00 | 0.00 | 305.71M | 240.72M | -29.28M |
| Net Income | 66.63M | 74.33M | -116.63M | -60.07M | 138.55M | -136.83M |
Balance Sheet | ||||||
| Total Assets | 4.06B | 3.73B | 4.21B | 5.55B | 5.22B | 4.91B |
| Cash, Cash Equivalents and Short-Term Investments | 93.59M | 190.16M | 206.38M | 254.05M | 260.63M | 319.67M |
| Total Debt | 2.93B | 2.57B | 3.04B | 4.16B | 3.71B | 3.39B |
| Total Liabilities | 2.98B | 2.62B | 3.09B | 4.22B | 3.75B | 3.44B |
| Stockholders Equity | 1.08B | 1.11B | 1.12B | 1.32B | 1.46B | 1.47B |
Cash Flow | ||||||
| Free Cash Flow | 86.70M | 106.81M | 74.76M | 95.44M | 132.17M | 132.09M |
| Operating Cash Flow | 91.20M | 112.13M | 80.13M | 100.50M | 132.17M | 132.09M |
| Investing Cash Flow | -546.03M | 440.51M | 1.10B | -452.56M | -342.90M | 964.59M |
| Financing Cash Flow | 322.49M | -569.18M | -1.22B | 345.34M | 152.10M | -856.67M |
Tpg Re Finance Technical Analysis
Tpg Re Finance Risk Analysis
Tpg Re Finance Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
64 Neutral | $700.44M | 13.73 | 5.87% | 10.73% | -10.86% | -5.90% | |
56 Neutral | $816.07M | 12.53 | 5.88% | 14.20% | -0.93% | -1.92% | |
54 Neutral | $546.20M | ― | -0.16% | 12.03% | -24.37% | -19.19% | |
45 Neutral | $652.41M | ― | -9.19% | 14.31% | 34.68% | -251.91% | |
44 Neutral | $433.28M | ― | -19.24% | ― | -65.32% | -325.73% | |
41 Neutral | $429.63M | ― | -14.78% | 23.58% | -43.56% | -166.72% |
Tpg Re Finance Corporate Events
TPG RE Finance Trust, Inc. is a commercial real estate finance company that primarily focuses on originating, acquiring, and managing first mortgage loans secured by institutional properties in the United States. It operates under the management of TPG RE Finance Trust Management, L.P., part of TPG Real Estate.
During the recent earnings call, TPG Real Estate Finance Trust (TRTX) conveyed a generally positive sentiment, underscored by robust investment activity and a stable financial outlook. Despite facing challenges such as a trading discount to book value and an uneven recovery in the real estate market, the company highlighted significant achievements in investment and financial health, which contributed to an optimistic tone throughout the call.
On October 22, 2025, TPG RE Finance Trust, Inc. appointed Edward ‘Ted’ Goldthorpe to its board of directors, where he will serve on the audit and nominating and corporate governance committees. Mr. Goldthorpe brings extensive experience from his roles as president and CEO of various business development companies and alternative asset management firms. The company also entered into an indemnification agreement with Mr. Goldthorpe on October 23, 2025, ensuring he is protected to the fullest extent allowed by Maryland law in his new role.
The most recent analyst rating on (TRTX) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Tpg Re Finance stock, see the TRTX Stock Forecast page.
On September 15, 2025, TPG RE Finance Trust, Inc. announced the retirement of its Chief Financial Officer, Robert R. Foley, at the end of the year. Foley will transition his responsibilities to Brandon Fox, the current Chief Accounting Officer, who will serve as interim CFO starting October 1, 2025. This leadership change is expected to support the company’s ongoing strategy and shareholder value delivery, as Fox brings extensive financial expertise and familiarity with TRTX’s operations.
The most recent analyst rating on (TRTX) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Tpg Re Finance stock, see the TRTX Stock Forecast page.
On September 4, 2025, TPG RE Finance Trust, Inc. announced the approval of a new share repurchase program by its board of directors, authorizing the repurchase of up to $25 million of the company’s common stock. This program follows a previously authorized $25 million program that was fully utilized during the third quarter of 2025, indicating the company’s ongoing commitment to returning value to shareholders through stock repurchases.
The most recent analyst rating on (TRTX) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Tpg Re Finance stock, see the TRTX Stock Forecast page.
TPG RE Finance Trust, Inc. is a commercial real estate finance company that focuses on originating, acquiring, and managing primarily first mortgage loans secured by institutional properties across the United States. The company operates within the real estate finance sector and is managed by TPG RE Finance Trust Management, L.P., part of the global asset management firm TPG Inc.
The recent earnings call for TPG Real Estate Finance Trust (TRTX) painted a picture of robust financial health and strategic growth, despite some challenges posed by market uncertainties. The company showcased significant achievements in loan growth, liquidity, and REO sales, reflecting a positive sentiment overall. However, the call also highlighted ongoing market uncertainties and limited acquisition loan activity as areas of concern.