TRTXTPG RE Finance Trust, Inc.
Real Estate Investment Trusts
- Revenue
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- Operating margin
- —
- EBITDA
- —
- Market cap
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- Employees
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- Net debt / EBITDA
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- $3.3B net debt
- AI in 10-K
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Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear150% of net incomeCash flow under 80% of net income
- Dilutive SBCClear—Over 10% of revenue
- Payouts exceed cash flowClear28% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $139M | −$60M | −$117M | $74M | $60M | 19% |
| Operating cash flow | $132M | $100M | $80M | $112M | $90M | 19% |
| Stock-based comp | $6M | $5M | $8M | $6M | $10M | 54% |
| Buybacks | — | $0 | $0 | $37K | $25M | 68411% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $4M | $4M | 81 | 65 |
| FY2024 | — | — | 80 | 63 |
| FY2023 | — | — | 61 | 71 |
| FY2022 | — | — | 64 | 70 |
| FY2021 | — | — | 116 | 106 |