KKR Real Estate Finance Trust Inc.

KKR Real Estate Finance Trust Inc.

KREF-PA
KKR Real Estate Finance Trust Inc.US flagNew York Stock Exchange
17.99
USD
+0.18
- -
1.16BMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
20
35
65
99
100
126
152
175
175
155
113
112
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
3
3
Net Income, GAAP
17
31
59
90
90
54
137
38
-31
36
-47
-98
Effective Tax Rate (%)
2.24
1.09
1.8
- -
0.64
0.75
0.5
0.15
- -
0.72
- -
- -
Profit Margin (%)
85.13
88.36
90.53
90.43
90.17
43.3
90.28
21.81
-17.61
22.94
-41.65
-87.96
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
122
439
1,046
2,975
3,892
3,879
5,295
6,164
4,426
3,784
4,131
4,531
Total Equity
286
505
1,060
1,135
1,124
1,045
1,362
1,571
1,404
1,399
1,225
1,153
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
230.9
471.05
2,435.63
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
200
LT Borrowings
3,570
4,131
4,531
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
65
64
64
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
204
85
135
Accounts Receivable, Net
28
28
33
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
35
35
36
ST Debt
- -
- -
200
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.76%
4.44%
-12.42%
Free Cash Flow
29.11%
-5.69%
-45.47%
Net Income, GAAP
-36.05%
-109.71%
-232.2%
Sales/Revenue/Turnover
24.03%
-0.48%
-27.19%
Total Cash Common Dividend
37.86%
-5.11%
-18.26%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
40
41
41
34
155
2025
30
31
26
27
113
2026
28
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Matthew A. Salem
Sector
Real Estate
Industry
REIT - Mortgage
Address
30 Hudson Yards New York City NY United States of America 10001
IPO Date
Apr 13, 2021
Business
KKR Real Estate Finance Trust Inc. (KREF) is a mortgage real estate investment trust that originates and acquires transitional senior loans secured by commercial real estate (CRE) assets in the United States; its core products include leveraged and unleveraged commercial real estate loans, mezzanine loans, preferred equity, and other debt-oriented credit investments collateralized by institutional-quality CRE properties owned by experienced sponsors in liquid markets. Founded in 2014 and headquartered in New York, the company operates primarily in the U.S. CRE sector, targeting multifamily, office, hospitality, and industrial properties to generate attractive risk-adjusted returns for stockholders through dividends while preserving capital; it is externally managed by KKR Real Estate Finance Manager LLC, an indirect subsidiary of KKR & Co. Inc. Recent developments include the announcement and closing of a repriced and upsized $650 million senior secured term loan B, the declaration of preferred stock dividends, and the reporting of third quarter 2025 results reflecting ongoing portfolio diversification and credit quality enhancements amid market challenges.