TPG RE Finance Trust Inc Net Assets
TPG RE Finance Trust Inc net assets. Based on the latest financial reports, TPG RE Finance Trust Inc (TRTX) has net assets worth $1.04 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.60 Billion) and total liabilities ($3.55 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore TPG RE Finance Trust Inc (TRTX) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.04 Billion |
| % of Total Assets | 22.72% |
| Annual Growth Rate | 4.07% |
| 5-Year Change | -27.08% |
| 10-Year Change | 10.03% |
| Growth Volatility | 14.82 |
Net Assets of TPG RE Finance Trust Inc (2015–2025)
Net assets of TPG RE Finance Trust Inc from 2015 to 2025. This chart illustrates how TPG RE Finance Trust Inc's net assets have evolved over time, based on quarterly financial data. See TRTX equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for TPG RE Finance Trust Inc (2015–2025)
The table below shows the annual net assets of TPG RE Finance Trust Inc from 2015 to 2025. For live market cap and overall valuation, see how much is TPG RE Finance Trust Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.07 Billion | -4.13% |
| 2024-12-31 | $1.11 Billion | -0.96% |
| 2023-12-31 | $1.12 Billion | -14.92% |
| 2022-12-31 | $1.32 Billion | -9.74% |
| 2021-12-31 | $1.46 Billion | -0.12% |
| 2020-12-31 | $1.47 Billion | -2.49% |
| 2019-12-31 | $1.50 Billion | +13.32% |
| 2018-12-31 | $1.33 Billion | +10.47% |
| 2017-12-31 | $1.20 Billion | +23.76% |
| 2016-12-31 | $970.69 Million | +35.50% |
| 2015-12-31 | $716.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TPG RE Finance Trust Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 65949100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
TPG RE Finance Trust Inc Net Assets Breakdown (December 2025)
TPG RE Finance Trust Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $78.00K | 0.01% |
| Other Components | $1.74 Billion | 162.97% |
| Total Equity | $1.07 Billion | 100.00% |
TPG RE Finance Trust Inc Competitors by Market Cap
The table below lists competitors of TPG RE Finance Trust Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SECHE ENVIRO.UNSP.ADR 1/5
F:SCB0
|
$528.04 Million |
|
Algoma Steel Group Inc
TO:ASTL
|
$528.32 Million |
|
Yaari Digital Integrated Services Limited
NSE:YAARI
|
$528.49 Million |
|
goeasy Ltd
TO:GSY
|
$528.53 Million |
|
Eastern Polymer Group Public Company Limited
BK:EPG
|
$528.01 Million |
|
Chularat Hospital Public Company Limited
BK:CHG
|
$528.01 Million |
|
Jiangsu Yueda Investment Co Ltd
SHG:600805
|
$527.93 Million |
|
Zhejiang Zoenn Design Co Ltd
SHE:300901
|
$527.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TPG RE Finance Trust Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,114,041,000 to 1,068,022,999, a change of -46,018,001 (-4.1%).
- Net income of 60,319,000 contributed positively to equity growth.
- Dividend payments of 91,088,000 reduced retained earnings.
- Share repurchases of 25,349,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $60.32 Million | +5.65% |
| Dividends Paid | $91.09 Million | -8.53% |
| Share Repurchases | $25.35 Million | -2.37% |
| Other Changes | $10.10 Million | +0.95% |
| Total Change | $- | -4.13% |
Book Value vs Market Value Analysis
This analysis compares TPG RE Finance Trust Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.51x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $11.68 | $6.83 | x |
| 2016-12-31 | $15.99 | $6.83 | x |
| 2017-12-31 | $19.82 | $6.83 | x |
| 2018-12-31 | $21.05 | $6.83 | x |
| 2019-12-31 | $20.67 | $6.83 | x |
| 2020-12-31 | $19.13 | $6.83 | x |
| 2021-12-31 | $17.93 | $6.83 | x |
| 2022-12-31 | $17.25 | $6.83 | x |
| 2023-12-31 | $14.50 | $6.83 | x |
| 2024-12-31 | $13.95 | $6.83 | x |
| 2025-12-31 | $13.44 | $6.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TPG RE Finance Trust Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.65%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.14%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 4.13x
- Recent ROE (5.65%) is above the historical average (3.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 8.29% | 76.96% | 0.04x | 2.96x | $-12.28 Million |
| 2016 | 7.21% | 45.42% | 0.06x | 2.75x | $-27.10 Million |
| 2017 | 7.85% | 79.11% | 0.04x | 2.79x | $-25.78 Million |
| 2018 | 8.06% | 77.36% | 0.03x | 3.41x | $-25.78 Million |
| 2019 | 8.40% | 76.60% | 0.03x | 3.92x | $-24.08 Million |
| 2020 | -9.33% | 0.00% | -0.01x | 3.35x | $-283.47 Million |
| 2021 | 9.46% | 81.59% | 0.03x | 3.56x | $-7.92 Million |
| 2022 | -4.54% | -19.65% | 0.06x | 4.19x | $-192.27 Million |
| 2023 | -10.37% | -29.89% | 0.09x | 3.75x | $-229.11 Million |
| 2024 | 6.67% | 21.18% | 0.09x | 3.35x | $-37.07 Million |
| 2025 | 5.65% | 18.14% | 0.08x | 4.13x | $-46.48 Million |
Industry Comparison
This section compares TPG RE Finance Trust Inc's net assets metrics with peer companies in the REIT - Mortgage industry.
Industry Context
- Industry: REIT - Mortgage
- Average net assets among peers: $1,418,238,297
- Average return on equity (ROE) among peers: 2.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TPG RE Finance Trust Inc (TRTX) | $1.04 Billion | 8.29% | 3.40x | $528.02 Million |
| Arbor Realty Trust (ABR) | $468.12 Million | 18.06% | 5.20x | $365.49 Million |
| Acres Commercial Realty Corp (ACR) | $556.40 Million | 6.46% | 3.41x | $100.03 Million |
| Ares Commercial Real Estate (ACRE) | $540.13 Million | -6.49% | 2.24x | $189.75 Million |
| New York Mortgage Trust, Inc. (ADAM) | $2.31 Billion | -12.50% | 1.02x | $532.88 Million |
| AGNC Investment Corp. (AGNC) | $7.36 Billion | 8.47% | 6.73x | $10.30 Billion |
| Angel Oak Mortgage Inc (AOMR) | $248.31 Million | 0.30% | 1.05x | $178.14 Million |
| Apollo Commercial Real Estate Finance Inc (ARI) | $546.92 Million | 7.35% | 0.44x | $302.49 Million |
| ARMOUR Residential REIT Inc (ARR) | $626.61 Million | -1.51% | 8.91x | $1.76 Billion |
| Brightspire Capital Inc (BRSP) | $1.39 Billion | 3.30% | 2.42x | $465.09 Million |
| Blackstone Mortgage Trust Inc (BXMT) | $143.30 Million | -3.21% | 1.21x | $1.91 Billion |
About TPG RE Finance Trust Inc
TPG RE Finance Trust, Inc., a commercial real estate finance company, originates and acquires a portfolio of commercial real estate-related assets in the United States. It engages in directly originating and selectively acquiring first mortgage loans secured by commercial real estate properties; and invests in other commercial real estate-related debt instruments, including subordinate mortgage i… Read more