TPG RE Finance Trust annual free cash flow
2016
2017
2022
2023
2024
2025
TPG RE Finance Trust Free Cash Flow (FCF) History (TRTX)
TPG RE Finance Trust reported $84.2M in free cash flow for fiscal 2025, a decrease of 21.15% from the previous fiscal year, with a free cash flow margin of 57.64%.
View full TPG RE Finance Trust company overviewTPG RE Finance Trust free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $84.2M | −$22.6M | −21.15% | +57.64% |
| 2024 | 2024-12-31 | $106.8M | $32.0M | +42.86% | +69.76% |
| 2023 | 2023-12-31 | $74.8M | −$20.7M | −21.66% | +64.23% |
| 2022 | 2022-12-31 | $95.4M | — | — | +65.84% |
| 2017 | 2017-12-31 | $91.1M | $5.8M | +6.84% | +74.44% |
| 2016 | 2016-12-31 | $85.2M | — | — | +92.25% |
TPG RE Finance Trust quarterly free cash flow
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $18.7M | −$5.2M | −21.70% | +55.38% |
| Q1 2026 | 2026-03-31 | $22.5M | — | — | +60.24% |
| Q4 2025 | 2025-12-31 | $21.1M | — | — | +60.23% |
| Q3 2025 | 2025-09-30 | $20.6M | — | — | +54.48% |
| Q2 2025 | 2025-06-30 | $23.9M | — | — | +65.95% |
TPG RE Finance Trust free cash flow growth trends
TPG RE Finance Trust's latest reported quarter, Q2 2026, generated $18.7M in free cash flow, a decrease of 21.70% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review TPG RE Finance Trust source filings ↗