TRTX (TPG RE Finance Trust) Revenue: $151.4 Mil (TTM As of Mar. 2026)

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TRTX TPG RE Finance Trust Inc TRTX
50 GF Score
Price $8.62
GF Value $7.59
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is TPG RE Finance Trust Revenue?

TPG RE Finance Trust TRTX +1.41% 50 Revenue is $151.4 Mil as of Mar. 2026. GuruFocus rates TRTX with a GF Score™ of 50/100 and a GF Value™ of $7.59 (Modestly Overvalued). The stock has 4 warning signs investors should review.

TPG RE Finance Trust's revenue for the three months ended in Mar. 2026 was $36.8 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $151.4 Mil. TPG RE Finance Trust's Revenue per Share for the three months ended in Mar. 2026 was $0.47. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.91.

Warning Sign:

TPG RE Finance Trust Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of TPG RE Finance Trust was 4.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was -2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 11 years, TPG RE Finance Trust's highest 3-Year average Revenue per Share Growth Rate was 19.90% per year. The lowest was -3.70% per year. And the median was -1.90% per year.


TPG RE Finance Trust  (NYSE:TRTX) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


TPG RE Finance Trust Revenue Related Terms


TPG RE Finance Trust Revenue Historical Data

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The historical data trend for TPG RE Finance Trust's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TPG RE Finance Trust Revenue Chart

TPG RE Finance Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 169.81 156.27 122.07 151.19 151.27

TPG RE Finance Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.61 42.58 37.19 34.89 36.78

TRTX vs FBRT, RWT, BRSP: Revenue Comparison

For the REIT - Mortgage subindustry, TPG RE Finance Trust's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TPG RE Finance Trust Revenue vs REITs Industry

For the REITs industry and Real Estate sector, TPG RE Finance Trust's Revenue distribution charts can be found below:

* The bar in red indicates where TPG RE Finance Trust's Revenue falls into.


TRTX
50GF Score
TPG RE Finance Trust Inc TRTX
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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TPG RE Finance Trust Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $151.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of $151.4 Mil mean?
TPG RE Finance Trust (TRTX) has a Revenue of $151.4 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on TPG RE Finance Trust and its competitors.
Is TPG RE Finance Trust's Revenue too high?
TPG RE Finance Trust's current Revenue is $151.4 Mil. Overall, TPG RE Finance Trust has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TPG RE Finance Trust's Revenue compare to FBRT and RWT?
TPG RE Finance Trust's Revenue of $151.4 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for a REITs company?
A good Revenue depends on the REITs industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on TPG RE Finance Trust and its competitors. TPG RE Finance Trust's current Revenue is $151.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPG RE Finance Trust stock overvalued right now?
Based on GuruFocus' analysis, TPG RE Finance Trust (TRTX) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.59, compared to a current price of $8.62 — trading 13.6% above its estimated fair value. The current Revenue is $151.4 Mil. TPG RE Finance Trust's overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For TPG RE Finance Trust (TRTX), the current Revenue is $151.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TPG RE Finance Trust (TRTX) Overvalued in 2026?

Based on GuruFocus' analysis, TPG RE Finance Trust stock appears to be overvalued. The current stock price of $8.62 is trading 13.6% above its estimated GF Value™ of $7.59. GuruFocus considers TPG RE Finance Trust to be Modestly Overvalued.

Key valuation signals for TRTX:

  • Revenue: $151.4 Mil
  • GF Value™: $7.59 vs. price of $8.62 (13.6% above fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the TRTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TPG RE Finance Trust Business Description

Industry Real EstateREITs
Address 888 Seventh Avenue, 35th Floor, New York, NY, USA, 10106
TPG RE Finance Trust Inc is a commercial real estate finance company. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments consisting of first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary markets in the United States. The company's objective is to provide attractive risk-adjusted returns to its stockholders over time through cash distributions and capital appreciation. It focuses on directly originating and selectively acquiring floating-rate first mortgage loans that are secured by high-quality commercial real estate properties undergoing some form of transition and value creation.
50GF Score

Get the complete analysis for TRTX

Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.62
Price
$7.59
GF Value