TPG RE Finance Trust, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.0M | $30.6M | $6.3M | $145.0M | $155.6M | $177.0M | $166.7M | $140.9M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $4.3M | $4.3M | $3.8M | $4.4M | $4.4M | $3.6M | $3.0M | $3.4M |
| Operating Income | $60.7M | $74.7M | $157.5M | $101.2M | $224.7M | $-29.3M | $301.7M | $233.3M |
| Operating Margin | 189.6% | 244.5% | 2,484.5% | 69.8% | 144.4% | -16.5% | 181.0% | 165.6% |
| Interest Expense | — | — | $273.9M | $160.8M | $85.1M | $107.2M | $174.8M | $126.0M |
| Pretax Income | $60.7M | $74.7M | $-116.4M | $-59.5M | $139.6M | $-136.5M | $126.9M | $107.3M |
| Income Tax Expense | $378.0K | $399.0K | $259.0K | $530.0K | $1.1M | $305.0K | $579.0K | $340.0K |
| Net Income | $60.3M | $74.3M | $-116.6M | $-60.1M | $138.6M | $-136.8M | $126.3M | $106.9M |
| Net Margin | 188.5% | 243.2% | -1,839.9% | -41.4% | 89.0% | -77.3% | 75.8% | 75.9% |
| EPS (Basic) | $0.57 | $0.75 | $-1.69 | $-0.95 | $0.92 | $-2.03 | $1.73 | $1.70 |
| EPS (Diluted) | $0.57 | $0.75 | $-1.69 | $-0.95 | $0.87 | $-2.03 | $1.73 | $1.70 |
| Shares Outstanding (Basic) | 79.3M | 79.8M | 77.6M | 77.3M | 77.0M | 76.7M | 72.7M | 63.0M |
| Shares Outstanding (Diluted) | 79.4M | 79.9M | 77.6M | 77.3M | 81.7M | 76.7M | 72.7M | 63.0M |
| Dividends Per Share | $0.96 | $0.96 | $0.96 | $0.96 | $0.95 | $1.21 | $1.72 | $1.71 |