TRTX, TRTX-PC · CIK 0001630472 · operating
# TPG RE Finance Trust, Inc.
Headquartered in New York and incorporated in Maryland, TPG RE Finance Trust operates as a commercial real estate finance company that originates and acquires debt instruments secured by commercial real estate properties across the United States. The company's primary business involves directly originating first mortgage loans on commercial real estate assets and selectively acquiring such loans in the secondary market. Beyond traditional mortgages, the company invests in a range of commercial real estate-related debt instruments, including subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, and preferred equity positions.
The company qualifies as a real estate investment trust under federal tax law, which requires the distribution of at least 90 percent of taxable income to shareholders. This structure shapes its capital allocation strategy and dividend policy. TPG RE Finance Trust conducts its operations through a portfolio approach, managing exposure across multiple commercial real estate debt instruments rather than focusing on a single asset class or geographic concentration. The company's business model centers on credit underwriting and asset selection within the commercial real estate finance market.
Specific details regarding employee count, total revenue, and asset base under management are not provided in available company data.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $0.57 | $0.57 | -24.0% | |
| 2024 | $0.75 | $0.75 | +144.4% | |
| 2023 | $-1.69 | $-1.69 | -77.9% | |
| 2022 | $-0.95 | $-0.95 | -209.2% | |
| 2021 | $0.87 | $0.92 | +142.9% | |
| 2020 | $-2.03 | $-2.03 | -217.3% | |
| 2019 | $1.73 | $1.73 | +1.8% | |
| 2018 | $1.70 | $1.70 | -2.3% | |
| 2017 | $1.74 | $1.74 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-17 | 0001630472-26-000004 | SEC ↗ |
| 2024-12-31 | 2025-02-18 | 0001630472-25-000005 | SEC ↗ |
| 2023-12-31 | 2024-02-20 | 0001630472-24-000006 | SEC ↗ |
| 2022-12-31 | 2023-02-21 | 0001630472-23-000005 | SEC ↗ |
| 2021-12-31 | 2022-02-23 | 0001564590-22-006015 | SEC ↗ |
| 2020-12-31 | 2021-02-24 | 0001564590-21-008107 | SEC ↗ |
| 2019-12-31 | 2020-02-19 | 0001564590-20-005108 | SEC ↗ |
| 2018-12-31 | 2019-02-26 | 0001564590-19-004202 | SEC ↗ |
| 2017-12-31 | 2018-02-26 | 0001564590-18-003266 | SEC ↗ |