What is TPG RE Finance Trust, Inc. (TRTX) stock price today?

TPG RE Finance Trust, Inc. (TRTX) is currently trading at $5.96, down 1.49% today.

What is TRTX P/E ratio?

TPG RE Finance Trust, Inc.'s P/E ratio is 10.79. This is below the typical market average of roughly 18-22x. A low P/E can reflect a lower valuation, slower expected growth, or both.

What is TRTX return on equity (ROE)?

TPG RE Finance Trust, Inc.'s return on equity (ROE) is 5.45%. ROE measures net income relative to shareholders' equity. This is below the typical market range of roughly 12-15%.

What is TPG RE Finance Trust, Inc.'s market cap?

TPG RE Finance Trust, Inc. has a market capitalization of $457.54M.

NYSE · REIT - Mortgage

TPG RE Finance Trust, Inc. (TRTX) Stock

$5.96 -1.49% NYSE: TRTX Real Estate

TPG RE Finance Trust, Inc. (TRTX) operates as a financial institution primarily engaged in the commercial real estate sector within the United States.

Valuation

Metric	Value
Price	$5.96
Market Cap	$457.54M
P/E Ratio	10.79
P/B Ratio	0.44
P/S Ratio	1.34
EPS (TTM)	$0.55
52-Week High	$9.37
52-Week Low	$5.85
Dividend Yield	16.11%

Financials & Margins

Metric	Value
ROE	5.45%
ROA	1.26%
ROCE	5.88%
Gross Margin	82.69%
Operating Margin	75.57%
Net Margin	17.03%
Debt/Equity	3.36
Current Ratio	0.44

Annual Financials (USD)

Metric	2021	2022	2023	2024	2025
Revenue	$241.0M	$306.0M	$390.0M	$351.0M	$333.0M
Operating Profit	$209.0M	$88.0M	$152.0M	$276.0M	$243.0M
Net Profit	$139.0M	$-60.0M	$-117.0M	$74.0M	$60.0M
EPS	$0.87	$-0.95	$-1.69	$0.75	$0.57
Op Margin	86.8%	28.8%	38.9%	78.7%	73.0%

Balance Sheet (USD)

Metric	2021	2022	2023	2024	2025
Total Assets	$5.2B	$5.5B	$4.2B	$3.7B	$4.4B
Total Liabilities	$3.8B	$4.2B	$3.1B	$2.6B	$3.3B
Cash	$261.0M	$254.0M	$206.0M	$190.0M	$88.0M
Borrowings	$3.7B	$4.2B	$3.0B	$2.6B	$3.3B

Latest News

TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock Business Wire · Sep 17, 2026 TPG RE Finance Trust Prices $1 Billion Collateralized Loan Obligation MT Newswires · Sep 15, 2026 TPG RE Finance Trust, Inc. Announces Pricing of $1.0 Billion Commercial Real Estate CLO Business Wire · Sep 15, 2026 TPG RE Finance Trust, Inc. Declares Cash Dividend on Series C Cumulative Redeemable Preferred Stock Business Wire · Sep 8, 2026 TPG RE Finance Trust Q2 Earnings Call Highlights MarketBeat · Aug 1, 2026

Cash Flow (USD)

Metric	2021	2022	2023	2024	2025
Operating Cash Flow	$132.0M	$100.0M	$80.0M	$112.0M	$90.0M
Investing Cash Flow	$-343.0M	$-458.0M	$1.1B	$435.0M	$-796.0M
Financing Cash Flow	$-18.0M	$-19.0M	$-4.0M	$-2.0M	$-47.0M
Net Cash Flow	$-59.0M	$-7.0M	$-47.0M	$-17.0M	$-102.0M
Free Cash Flow	$132.0M	$95.0M	$75.0M	$107.0M	$84.0M

Valuation & Return Ratios

Metric	Value
PEG Ratio	-0.70
EV / EBITDA	14.68
FCF Yield	18.12%
Quick Ratio	0.44
Interest Coverage	1.29
Return 1Y	-19.91%
Return 3Y	41.40%
Return 5Y	—

Ownership

Insiders Held3.55%

Institutions Held81.50%

Institutions Float Held84.51%

Institutional Holder	Shares	Report Date
Long Pond Capital, LP	7,029,102	2026-06-30
Blackrock Inc.	6,497,688	2026-06-30
Vanguard Capital Management LLC	3,352,835	2026-06-30
Mirae Asset Global ETFs Holdings Ltd.	3,286,960	2026-06-30
State of New Jersey Common Pension Fund A	3,149,148	2026-06-30

Peer Comparison

Ticker	Price	Change	P/E	Market Cap	Div Yield
ADAMAdamas Trust, Inc.	$9.30	+0.54%	7.81	$835.70M	0.00%
BRSPBrightSpire Capital, Inc.	$3.79	-0.52%	-16.41	$479.53M	16.80%
CTOCTO Realty Growth, Inc.	$20.75	+1.27%	14.27	$777.82M	7.46%
FBRTFranklin BSP Realty Trust, Inc.	$8.08	+2.02%	15.48	$621.86M	9.90%
IVRINVESCO MORTGAGE CAPITAL INC	$5.64	-1.05%	3.57	$523.52M	20.28%

About TPG RE Finance Trust, Inc.

TPG RE Finance Trust, Inc. (TRTX) operates as a financial institution primarily engaged in the commercial real estate sector within the United States. Its core business involves generating, purchasing, and actively overseeing a variety of debt instruments connected to commercial properties. The company's investment strategy encompasses a wide range of commercial real estate-backed debt, including senior and subordinate mortgage loans, mezzanine financing, preferred equity stakes, and various secured real estate securities. TRTX also allocates capital to commercial mortgage-backed securities (CMBS) and collateralized loan obligations (CLOs) that are underpinned by real estate assets. These investments are predominantly tied to properties within key sectors such as office buildings, multifamily residences, life science facilities, mixed-use developments, hospitality venues, industrial sites, and retail spaces. For federal income tax purposes, TPG RE Finance Trust, Inc. is structured as a Real Estate Investment Trust (REIT). This classification generally allows the company to avoid federal corporate income tax liabilities, provided it distributes at least 90% of its taxable income to its stockholders. Established in 2014, the company maintains its corporate headquarters in New York, New York.

TPG RE Finance Trust, Inc. is headquartered in US.

TPG RE Finance Trust, Inc. (TRTX) stock trades at $5.96 with a market capitalization of $457.54M. The stock is valued at a price-to-earnings (P/E) ratio of 10.79, price-to-book of 0.44, price-to-sales of 1.34. Over the past 52 weeks the stock has ranged between $5.85 and $9.37, and currently trades 36.4% below its 52-week high. It pays a dividend yielding 16.11%.

On profitability, TPG RE Finance Trust, Inc. generates a return on equity (ROE) of 5.45%, return on capital employed of 5.88%, an operating margin of 75.57%, a net profit margin of 17.03%.

Official website: www.tpgrefinance.com