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Side-by-side financial comparison of R F INDUSTRIES LTD (RFIL) and TPG RE Finance Trust, Inc. (TRTX). Click either name above to swap in a different company.

TPG RE Finance Trust, Inc. is the larger business by last-quarter revenue ($35.0M vs $22.7M, roughly 1.5× R F INDUSTRIES LTD). TPG RE Finance Trust, Inc. runs the higher net margin — 15.6% vs 0.8%, a 14.9% gap on every dollar of revenue. On growth, R F INDUSTRIES LTD posted the faster year-over-year revenue change (22.9% vs 0.9%). Over the past eight quarters, R F INDUSTRIES LTD's revenue compounded faster (29.8% CAGR vs -5.1%).

Tootsie Roll Industries is an American manufacturer of confectionery based in Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.

TPG RE Finance Trust, Inc. is a commercial real estate finance firm primarily operating in the United States. It originates, underwrites and manages a portfolio of senior commercial mortgage loans and other real estate-linked debt instruments, serving commercial property owners and investors across multifamily, industrial, office and retail property segments.

RFIL vs TRTX — Head-to-Head

Bigger by revenue
TRTX
TRTX
1.5× larger
TRTX
$35.0M
$22.7M
RFIL
Growing faster (revenue YoY)
RFIL
RFIL
+22.1% gap
RFIL
22.9%
0.9%
TRTX
Higher net margin
TRTX
TRTX
14.9% more per $
TRTX
15.6%
0.8%
RFIL
Faster 2-yr revenue CAGR
RFIL
RFIL
Annualised
RFIL
29.8%
-5.1%
TRTX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RFIL
RFIL
TRTX
TRTX
Revenue
$22.7M
$35.0M
Net Profit
$173.0K
$4.0M
Gross Margin
36.8%
Operating Margin
4.0%
11.6%
Net Margin
0.8%
15.6%
Revenue YoY
22.9%
0.9%
Net Profit YoY
172.7%
-62.8%
EPS (diluted)
$0.01
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RFIL
RFIL
TRTX
TRTX
Q4 25
$22.7M
$35.0M
Q3 25
$19.8M
$37.8M
Q2 25
$18.9M
$36.2M
Q1 25
$19.2M
$37.0M
Q4 24
$18.5M
$34.7M
Q3 24
$16.8M
$40.1M
Q2 24
$16.1M
$39.3M
Q1 24
$13.5M
$38.9M
Net Profit
RFIL
RFIL
TRTX
TRTX
Q4 25
$173.0K
$4.0M
Q3 25
$392.0K
$22.0M
Q2 25
$-245.0K
$20.6M
Q1 25
$-245.0K
$13.7M
Q4 24
$-238.0K
$10.7M
Q3 24
$-705.0K
$22.2M
Q2 24
$-4.3M
$24.7M
Q1 24
$-1.4M
$16.7M
Gross Margin
RFIL
RFIL
TRTX
TRTX
Q4 25
36.8%
Q3 25
34.0%
Q2 25
31.5%
Q1 25
29.8%
Q4 24
31.3%
Q3 24
29.5%
Q2 24
29.9%
Q1 24
24.5%
Operating Margin
RFIL
RFIL
TRTX
TRTX
Q4 25
4.0%
11.6%
Q3 25
3.6%
58.4%
Q2 25
0.6%
57.3%
Q1 25
0.3%
37.2%
Q4 24
0.5%
30.3%
Q3 24
-2.5%
55.4%
Q2 24
-2.6%
63.1%
Q1 24
-15.5%
44.0%
Net Margin
RFIL
RFIL
TRTX
TRTX
Q4 25
0.8%
15.6%
Q3 25
2.0%
58.1%
Q2 25
-1.3%
57.0%
Q1 25
-1.3%
37.0%
Q4 24
-1.3%
43.3%
Q3 24
-4.2%
55.3%
Q2 24
-26.7%
62.9%
Q1 24
-10.1%
43.0%
EPS (diluted)
RFIL
RFIL
TRTX
TRTX
Q4 25
$0.01
$0.01
Q3 25
$0.04
$0.23
Q2 25
$-0.02
$0.21
Q1 25
$-0.02
$0.12
Q4 24
$-0.02
$0.09
Q3 24
$-0.07
$0.23
Q2 24
$-0.41
$0.26
Q1 24
$-0.13
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RFIL
RFIL
TRTX
TRTX
Cash + ST InvestmentsLiquidity on hand
$5.1M
$87.6M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$35.2M
$1.1B
Total Assets
$73.0M
$4.4B
Debt / EquityLower = less leverage
3.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RFIL
RFIL
TRTX
TRTX
Q4 25
$5.1M
$87.6M
Q3 25
$3.0M
$93.6M
Q2 25
$3.6M
$165.8M
Q1 25
$1.3M
$363.0M
Q4 24
$839.0K
$190.2M
Q3 24
$1.8M
$226.3M
Q2 24
$1.4M
$259.2M
Q1 24
$4.5M
$203.1M
Total Debt
RFIL
RFIL
TRTX
TRTX
Q4 25
$3.3B
Q3 25
$2.9B
Q2 25
$3.0B
Q1 25
$2.8B
Q4 24
$2.6B
Q3 24
$2.5B
Q2 24
$2.5B
Q1 24
$2.7B
Stockholders' Equity
RFIL
RFIL
TRTX
TRTX
Q4 25
$35.2M
$1.1B
Q3 25
$34.8M
$1.1B
Q2 25
$34.2M
$1.1B
Q1 25
$34.2M
$1.1B
Q4 24
$34.1M
$1.1B
Q3 24
$34.1M
$1.1B
Q2 24
$34.6M
$1.1B
Q1 24
$38.7M
$1.1B
Total Assets
RFIL
RFIL
TRTX
TRTX
Q4 25
$73.0M
$4.4B
Q3 25
$73.2M
$4.1B
Q2 25
$72.7M
$4.2B
Q1 25
$70.4M
$4.0B
Q4 24
$71.0M
$3.7B
Q3 24
$71.9M
$3.7B
Q2 24
$72.8M
$3.7B
Q1 24
$79.1M
$3.8B
Debt / Equity
RFIL
RFIL
TRTX
TRTX
Q4 25
3.10×
Q3 25
2.72×
Q2 25
2.78×
Q1 25
2.56×
Q4 24
2.31×
Q3 24
2.22×
Q2 24
2.25×
Q1 24
2.38×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RFIL
RFIL
TRTX
TRTX
Operating Cash FlowLast quarter
$2.1M
$90.4M
Free Cash FlowOCF − Capex
$2.0M
FCF MarginFCF / Revenue
9.0%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
12.13×
22.73×
TTM Free Cash FlowTrailing 4 quarters
$4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RFIL
RFIL
TRTX
TRTX
Q4 25
$2.1M
$90.4M
Q3 25
$-311.0K
$21.8M
Q2 25
$2.2M
$24.7M
Q1 25
$601.0K
$19.1M
Q4 24
$-244.0K
$112.1M
Q3 24
$2.4M
$23.7M
Q2 24
$197.0K
$25.6M
Q1 24
$840.0K
$37.4M
Free Cash Flow
RFIL
RFIL
TRTX
TRTX
Q4 25
$2.0M
Q3 25
$-419.0K
Q2 25
$2.2M
Q1 25
$574.0K
Q4 24
$-418.0K
Q3 24
$2.1M
Q2 24
$28.0K
Q1 24
$697.0K
FCF Margin
RFIL
RFIL
TRTX
TRTX
Q4 25
9.0%
Q3 25
-2.1%
Q2 25
11.4%
Q1 25
3.0%
Q4 24
-2.3%
Q3 24
12.6%
Q2 24
0.2%
Q1 24
5.2%
Capex Intensity
RFIL
RFIL
TRTX
TRTX
Q4 25
0.3%
Q3 25
0.5%
Q2 25
0.2%
Q1 25
0.1%
Q4 24
0.9%
Q3 24
1.5%
Q2 24
1.0%
Q1 24
1.1%
Cash Conversion
RFIL
RFIL
TRTX
TRTX
Q4 25
12.13×
22.73×
Q3 25
-0.79×
0.99×
Q2 25
1.20×
Q1 25
1.39×
Q4 24
10.50×
Q3 24
1.07×
Q2 24
1.03×
Q1 24
2.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RFIL
RFIL

US$20.9M92%
Non Us$1.8M8%

TRTX
TRTX

Segment breakdown not available.

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