KKR Real Estate Finance Trust (KREF) Key Ratios
$7.04
As on 15-Sep-2026 16:00EDT
Market cap
$458 Mln
Revenue (TTM)
$414 Mln
P/E Ratio
--
P/B Ratio
0.5
Div. Yield
11.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -10.49 | -23.18 | -19.57 | -11.05 | 9.50 |
| EBIT | -498.38 | -197.09 | -67.98 | -8.61 | -21.42 |
| Net Profit | -109.32 | -299.52 | -836.93 | -186.98 | -208.38 |
| EPS | -114.59 | -321.05 | -792.07 | -199.94 | -206.09 |
| Book Value | -- | -- | -7.56 | -7.64 | -0.94 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 35.42 | 44.29 | 25.70 | 59.46 | 75.51 |
| Net Margin
| -- | 45.97 | -44.66 | -- | -- |
| Return on equity
| -1.59 | 1.85 | -17.23 | -3.74 | 2.59 |
| Return on Capital
| -0.32 | 0.39 | -- | -0.78 | 0.52 |
| Return on Assets
| -0.31 | 0.39 | -2.73 | -0.73 | 0.51 |
| Debt to Equity (x)
| -- | -- | 4.58 | 4.00 | 3.64 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
--
|
-0.78
|
0.52
|
-0.71
|
0.53
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-17.23
Lower than Peers by 25.00
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
-17.23
|
-3.74
|
2.59
|
-3.62
|
2.60
|
|
Peer Median
|
7.78
|
--
|
--
|
--
|
--
|
ROA
-2.73
Lower than Peers by 4.64
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
-2.73
|
-0.73
|
0.51
|
-0.70
|
0.53
|
|
Peer Median
|
1.90
|
--
|
--
|
--
|
--
|
EBIT Margin
25.70
Lower than Peers by 4.98
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
25.70
|
59.46
|
75.51
|
-28.71
|
24.48
|
|
Peer Median
|
30.68
|
--
|
--
|
--
|
--
|
Net Margin
-44.66
Lower than Peers by 59.47
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
-44.66
|
-10.27
|
6.01
|
-29.69
|
8.36
|
|
Peer Median
|
14.81
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-19.57
Lower than Peers by 26.10
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
-19.57
|
-0.23
|
2.26
|
-0.58
|
1.87
|
|
Peer Median
|
6.53
|
--
|
--
|
--
|
--
|
EBIT Growth
-67.98
Lower than Peers by 76.40
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
-67.98
|
-39.15
|
958.14
|
-148.81
|
-22.51
|
|
Peer Median
|
8.42
|
--
|
--
|
--
|
--
|
Net Profit Growth
-836.93
Lower than Peers by 853.48
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
-836.93
|
-232.20
|
166.01
|
-241.51
|
-72.22
|
|
Peer Median
|
16.55
|
--
|
--
|
--
|
--
|
EPS Growth
-792.07
Lower than Peers by 804.38
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
-792.07
|
-2.40
|
1.66
|
-2.41
|
-0.76
|
|
Peer Median
|
12.31
|
--
|
--
|
--
|
--
|
Book Value Growth
-19.17
Lower than Peers by 18.04
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
-19.17
|
--
|
--
|
--
|
--
|
|
Peer Median
|
-1.13
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
4.58
Higher than Peers by 3.63
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
4.58
|
4.00
|
3.64
|
4.31
|
3.92
|
|
Peer Median
|
0.94
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
1.11
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
1.11
|
0.29
|
0.26
|
1.28
|
0.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.08
Lower than Peers by 0.99
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
0.08
|
0.32
|
0.38
|
0.10
|
0.55
|
|
Peer Median
|
1.07
|
--
|
--
|
--
|
--
|
Quick Ratio
0.08
Lower than Peers by 0.92
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
0.08
|
--
|
--
|
0.00
|
0.39
|
|
Peer Median
|
1.00
|
--
|
--
|
--
|
--
|
Interest Coverage
0.36
Lower than Peers by 1.49
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
0.36
|
0.84
|
1.08
|
-0.11
|
0.45
|
|
Peer Median
|
1.85
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
6.73
Lower than Peers by 4.86
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
6.73
|
5.50
|
4.85
|
22.58
|
8.94
|
|
Peer Median
|
11.58
|
--
|
--
|
--
|
--
|
Asset Turnover
0.06
Lower than Peers by 0.09
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
0.06
|
0.07
|
0.09
|
0.02
|
0.06
|
|
Peer Median
|
0.15
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
--
|
21.52
|
21.50
|
80.46
|
22.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
--
|
--
|
1,348.42
|
4,297.79
|
774.86
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
--
|
111.95
|
147.82
|
621.25
|
123.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
--
|
--
|
1,222.10
|
3,757.00
|
673.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
--
|
-11.43
|
19.69
|
-17.02
|
25.32
|
|
Peer Median
|
28.08
|
--
|
--
|
--
|
--
|
Price / Book Value
0.51
Lower than Peers by 1.28
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
0.51
|
0.46
|
0.52
|
0.65
|
0.61
|
|
Peer Median
|
1.79
|
--
|
--
|
--
|
--
|
Dividend Yield
11.53
Higher than Peers by 6.45
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
11.53
|
--
|
--
|
--
|
--
|
|
Peer Median
|
5.08
|
--
|
--
|
--
|
--
|
EV/EBITDA
--
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
--
|
18.72
|
12.25
|
-131.11
|
25.17
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
458
Lower than Peers by 198
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
KKR Real Estate Finance Trust (KREF)
|
458
|
--
|
--
|
--
|
--
|
|
Peer Median
|
656
|
--
|
--
|
--
|
--
|