MetaCap

Industrial Logistics Properties (ILPT) vs TPG RE Finance (TRTX)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Industrial Logistics Properties (ILPT) has outperformed TPG RE Finance (TRTX) over the past year, gaining 31.2% versus a loss of 31.1%. Over five years, TRTX leads with a -53.5% price change compared with -74.0% for ILPT. Industrial Logistics Properties is the larger company by market cap ($479.9 million vs $458.3 million), about 1.0 times the size.

TPG RE Finance offers the higher dividend yield (16.08% vs 3.48%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ILPT+31.20%TRTX-31.06%
+76%+20%-36%
Oct 8, 20251 yearOct 8, 2026
ILPT-72.94%TRTX-52.96%
+11%-44%-98%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ILPT versus TRTX key metrics
MetricILPTTRTX
Share price$7.19$5.97
Market cap$479.90M$458.31M
1-day change+0.42%+0.17%
YTD return+29.78%-30.66%
1-year return+31.20%-31.06%
5-year return-74.03%-53.50%
P/E ratio (TTM)—10.85
Forward P/E—5.42
EPS (TTM)$-0.71$0.55
Dividend yield3.48%16.08%
Annual dividend$0.25$0.96
52-week high$9.43$9.37
52-week low$4.92$5.83
Distance from 52-week high-23.75%-36.29%
Analyst consensusnonenone
Avg. price target upside+55.35%+65.49%
Average volume348.49K922.81K
Shares outstanding66.75M76.77M
SectorReal EstateReal Estate
IndustryREIT - IndustrialReal Estate Investment Trusts

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • ILPT has outperformed TRTX by 62.3 percentage points over the past year.
  • TPG RE Finance offers a meaningfully higher dividend yield (16.08% vs 3.48%).

About Industrial Logistics Properties

ILPT stock →

Industrial Logistics Properties Trust is a real estate investment trust focused on owning and leasing high quality industrial and logistics properties. As of June 30, 2026, ILPT's portfolio consisted of 409 properties containing approximately 59.6 million rentable square feet located in 39 states.

Real Estate · REIT - Industrial

About TPG RE Finance

TRTX stock →

TPG RE Finance Trust, Inc., a commercial real estate finance company, originates and acquires a portfolio of commercial real estate-related assets in the United States. It engages in directly originating and selectively acquiring first mortgage loans secured by commercial real estate properties; and invests in other commercial real estate-related debt instruments, including subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments.

Real Estate · Real Estate Investment Trusts

ILPT vs TRTX FAQ

Which is bigger, Industrial Logistics Properties or TPG RE Finance?

Industrial Logistics Properties (ILPT) is larger, with a market capitalization of $479.90M compared with $458.31M for TPG RE Finance (TRTX).

Which stock has performed better over the past year, ILPT or TRTX?

ILPT returned +31.20% over the past 12 months, compared with -31.06% for TRTX (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Industrial Logistics Properties or TPG RE Finance?

TPG RE Finance has the higher yield at 16.08%, compared with 3.48% for Industrial Logistics Properties.

Are Industrial Logistics Properties and TPG RE Finance in the same industry?

Both are in the Real Estate sector, but in different industries: REIT - Industrial for Industrial Logistics Properties and Real Estate Investment Trusts for TPG RE Finance.

More comparisons