TPG RE Finance Trust (TRTX) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), TPG RE Finance Trust had a P/E ratio of 14.82 (up from 11.53), return on equity of 5.5% (down from 6.6%), debt-to-equity of 3.08 (up from 2.31) and a current ratio of 112.03 (up from 92.97). A current ratio of 112.03 means current assets exceed current liabilities. Its dividend yield was 11.16% with a payout ratio of 151.0%.

TPG RE Finance Trust Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Valuation Ratios
P/E Ratio	14.82	11.53	-	-	13.43	-
Forward P/E	7.97	7.82	21.27	6.50	9.88	9.86
P/S Ratio	5.09	4.62	-6.87	-18.75	5.86	7.60
P/B Ratio	0.63	0.62	0.45	0.40	0.65	0.56
Price/Tangible Book	0.64	0.63	0.45	0.40	0.65	0.64
Price/FCF	7.46	6.13	6.31	5.23	7.18	6.17
Price/OCF	7.46	6.13	6.31	5.23	7.18	6.17
PEG Ratio	1.72	0.24	1.71	1.30	1.98	1.97
Enterprise Value Ratios
Profitability & Returns
Return on Equity (ROE)	5.53%	6.64%	-9.53%	-4.31%	9.45%	-9.21%
Return on Assets (ROA)	1.48%	1.87%	-2.39%	-1.12%	2.74%	-2.53%
Return on Invested Capital (ROIC)	1.33%	1.90%	-2.56%	-1.37%	2.45%	1.25%
Leverage & Solvency Ratios
Debt/Equity	3.08	2.31	2.70	3.15	2.53	2.31
Debt/FCF	36.40	22.91	37.93	41.40	28.05	25.66
Liquidity Ratios
Current Ratio	112.03	92.97	81.06	90.56	117.05	92.47
Quick Ratio	111.91	92.96	75.99	85.69	117.04	92.47
Efficiency Ratios
Asset Turnover	0.03	0.04	-	-	0.03	0.02
Yield & Distribution Ratios
Earnings Yield	8.95%	10.81%	-23.08%	-11.43%	14.60%	-16.78%
FCF Yield	13.41%	16.30%	15.86%	19.12%	13.92%	16.20%
Dividend Yield	11.16%	11.31%	14.80%	14.14%	7.16%	16.87%
Payout Ratio	151.01%	121.66%	-	-	70.94%	-
Buyback Yield	0.55%	-2.98%	-0.36%	5.37%	-6.56%	-5.38%
Total Return	11.71%	8.32%	14.43%	19.51%	0.60%	11.49%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About TPG RE Finance Trust Financial Ratios

What is TPG RE Finance Trust's P/E ratio?

TPG RE Finance Trust's P/E ratio was 14.82 for fiscal 2025 (period ended Dec 31, 2025). It was 11.53 a year earlier.

What is TPG RE Finance Trust's return on equity?

TPG RE Finance Trust's return on equity (ROE) was 5.5% for fiscal 2025 (period ended Dec 31, 2025). It was 6.6% a year earlier.

What is TPG RE Finance Trust's debt-to-equity ratio?

TPG RE Finance Trust's debt-to-equity ratio was 3.08 for fiscal 2025 (period ended Dec 31, 2025). It was 2.31 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition