KKR Real Estate Finance Trust Inc.

KKR Real Estate Finance Trust Inc.

KREFยทNYSE

$6.96

+2.1%
Real EstateREIT - Mortgage

KKR Real Estate Finance Trust Inc., a mortgage real estate investment trust, focuses primarily on originating and acquiring senior loans secured by commercial real estate (CRE) assets. It engages in the origination and purchase of credit investments related to CRE, including leveraged and unleveraged commercial mortgage loans, and commercial mortgage-backed securities. The company has elected to be taxed as a real estate investment trust and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. KKR Real Estate Finance Trust Inc. was incorporated in 2014 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$447.85M
EPS-1.0500
P/E Ratio-6.63
Earnings Date07/28/2026
3Y+5.0%
5Y+265.0%
10Y+1199.0%
3Y-223.0%
5Y-186.0%
10Y-251.0%
3Y-49.0%
5Y-37.0%
10Y+185.0%
KKR Real Estate Finance Trust Inc.

KKR Real Estate Finance Trust Inc. Profit Bridge

KREF ยท NYSE
Revenue457.96M
Cost of Goods Sold (53.56M)
Gross Profit404.40M
Operating Expenses (132.76M)
Operating Income271.64M
Interest Expense (322.96M)
Other Income/Expense-322.28M
Pretax Income-50.65M
Income Tax (-156.00K)
Net Income-47.05M
Net Income
-47.05M

Profitability Analysis

Gross Margin

88.3%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

59.3%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

-10.3%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Interest or tax burden: Strong operational performance but thin net margins indicate high interest expenses or unfavorable tax position eating into profits.

KKR Real Estate Finance Trust Inc. Income Statement

KREF โ€ข NYSE

KKR Real Estate Finance Trust Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
REVENUE
458M
592.6M
660.2M
436.5M
285.8M
125.6M
99.8M
99.2M
65.2M
35.3M
19.7M
700K
GROSS PROFIT
(53.6M)
(49.6M)
(39.9M)
(37.4M)
(29.7M)
(23.8M)
(20.4M)
-16.3M
-13.5M
(6.3M)
(2.8M)
(0.0)
404.4M
543M
620.3M
399.1M
256.1M
101.9M
79.4M
115.6M
78.7M
29M
16.9M
700K
OPERATING INCOME
(132.8M)
(97M)
(193.9M)
(130M)
(10.2M)
-70.8M
-9.2M
(29M)
(18M)
(3.7M)
-2M
(2.9M)
(40.7M)
(0.0)
(0.0)
(0.0)
(0.0)
(14.2M)
(10.5M)
(7.8M)
(4.9M)
(2.3M)
(2M)
(2.9M)
271.6M
446M
426.4M
269.1M
245.9M
54.8M
90.5M
174.7M
81.4M
38.9M
17.7M
-2.2M
PRE-TAX INCOME
(323M)
(412.9M)
(458.8M)
(236.1M)
(114.4M)
(127.3M)
(158.9M)
(85M)
(21.2M)
(7.4M)
(554K)
(0.0)
112.6M
151.7M
181.6M
185.9M
165.5M
141.9M
115.5M
98.6M
61.9M
25.2M
12M
0.0
(92M)
(97M)
(193.9M)
(130M)
(10.2M)
-85.1M
-19.7M
(21.2M)
(13.1M)
(1.4M)
-4M
(0.0)
-322.3M
-411.4M
-457.4M
-231.4M
-108.1M
0.0
0.0
0.0
0.0
7.3M
0.0
0.0
-50.6M
34.6M
-30.9M
37.7M
137.9M
54.8M
90.5M
89.7M
61.2M
32.6M
17.6M
-2.2M
NET INCOME
-156K
(248K)
(710K)
(58K)
(684K)
(412K)
(579K)
-70K
(1.1M)
(354K)
(393K)
(0.0)
-47.1M
35.6M
-30.9M
38.1M
137.2M
54.4M
90M
89.7M
59.1M
31.2M
16.8M
-2.1M

SEC Filings

KREF - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

April 22, 2026
April 22, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 22, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 16, 2026
April 14, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 03, 2026
April 14, 2026
2026
10-K

10-K 2025 FY

FY

February 03, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 03, 2026
February 03, 2026
2026
8-K

8-K 2026

N/A

January 09, 2026
January 05, 2026
2026
10-Q

10-Q 2025 Q3

Q3

October 21, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 21, 2025
October 21, 2025
2025
8-K

8-K 2025

N/A

September 11, 2025
September 08, 2025
2025
Showing 1 to 10 of 134 filings