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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›TRTX›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

TPG RE Finance Trust, Inc. (TRTX) financials

Income statement

TPG RE Finance Trust, Inc. (TRTX) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income$70.0M$94.4M$107M$126M-$137M$139M-$60.1M-$117M$74.3M$60.3M
EPS (diluted)$1.69$1.74$1.70$1.73-$2.03$0.87-$0.95-$1.69$0.75$0.57

Cash flow

TPG RE Finance Trust, Inc. (TRTX) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$85.7M$91.2M$108M$122M$132M$132M$100M$80.1M$112M$90.4M
Capital expenditures$500K$111K————————
Free cash flow$85.2M$91.1M————————
Share buybacks——————$0.00$0.00$37.0K$25.3M

Balance sheet

TPG RE Finance Trust, Inc. (TRTX) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$103M$75.0M$39.7M$79.2M$320M$261M$254M$206M$190M$87.6M
Total assets$2.67B$3.36B$4.53B$5.89B$4.91B$5.22B$5.55B$4.21B$3.73B$4.41B
Total liabilities$1.69B$2.15B$3.20B$4.39B$3.44B$3.75B$4.22B$3.09B$2.62B$3.34B
Long-term debt—————$3.72B$4.18B$3.05B$2.57B$3.31B
Shareholders' equity$971M$1.20B$1.33B$1.50B$1.27B$1.46B$1.32B$1.12B$1.11B$1.07B
Retained earnings-$10.1M-$14.8M-$25.9M-$28.1M-$293M-$247M-$395M-$600M-$617M-$673M
Shares (wtd avg diluted)41.4M54.2M63.0M72.7M76.7M81.7M77.3M77.6M79.9M79.4M

Every figure is extracted from TPG RE Finance Trust, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

Does TRTX pay a dividend?
TPG RE Finance Trust, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full TRTX analysis — verdict, score & filings →Is TRTX a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.