KKR Real Estate Finance Trust (KREF-PA) Retained Earnings (2016 - 2026)
KKR Real Estate Finance Trust (KREF-PA) reported Retained Earnings of -$584.1 million for Q1 2026, down 46.76% on a YoY basis from -$1.1 billion in Q1 2025, and down 15.4% quarter-over-quarter from -$506.1 million in Q4 2025.
KKR Real Estate Finance Trust (KREF-PA) Retained Earnings (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust has reported Retained Earnings for 11 years, with the latest figure at -$584.1 million in Q1 2026.
- For the quarter ending Q1 2026, Retained Earnings fell 46.76% year-over-year to -$584.1 million; the trailing twelve-month figure through Mar 2026 stood at -$584.1 million (down 46.76% YoY), and the FY2025 full-year result was -$506.1 million, down 36.62% from the prior year.
- Retained Earnings for Q1 2026 stood at -$584.1 million, down from -$506.1 million in the prior quarter.
- The five-year high for Retained Earnings was -$37.6 million in Q1 2022, with the low at -$584.1 million in Q1 2026.
- Historically, Retained Earnings has averaged -$306.2 million across 5 years, with a median of -$337.5 million in 2024.
- Annual changes were most pronounced in 2022 — Retained Earnings soared 37.75% — and 2023, when it slumped 437.07%.
- KKR Real Estate Finance Trust's Retained Earnings stood at -$141.5 million in 2022, then tumbled by 122.16% to -$314.4 million in 2023, then slipped by 17.85% to -$370.5 million in 2024, then sank by 36.62% to -$506.1 million in 2025, then slipped by 15.4% to -$584.1 million in 2026.
- The last three Retained Earnings figures came in at -$584.1 million (Q1 2026), -$506.1 million (Q4 2025), and -$458.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | -13.43 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | -331.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 10.88 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 7.90 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | -127.21 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | -573.02 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | -366.11 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 1.23 Bn |
| 10 | KKR Real Estate Finance Trust | - | - | - | -584.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -584.08 Mn |
| Dec 31, 2025 | -506.13 Mn |
| Sep 30, 2025 | -458.05 Mn |
| Jun 30, 2025 | -449.82 Mn |
| Mar 31, 2025 | -397.98 Mn |
| Dec 31, 2024 | -370.47 Mn |
| Sep 30, 2024 | -367.87 Mn |
| Jun 30, 2024 | -337.55 Mn |
| Mar 31, 2024 | -340.44 Mn |
| Dec 31, 2023 | -314.37 Mn |
| Sep 30, 2023 | -265.83 Mn |
| Jun 30, 2023 | -257.51 Mn |
| Mar 31, 2023 | -202.02 Mn |
| Dec 31, 2022 | -141.50 Mn |
| Sep 30, 2022 | -126.39 Mn |
| Jun 30, 2022 | -48.16 Mn |
| Mar 31, 2022 | -37.62 Mn |
| Dec 31, 2021 | -38.21 Mn |
| Sep 30, 2021 | -47.02 Mn |
| Jun 30, 2021 | -55.09 Mn |