KKR Real Estate Finance Trust (KREF) Capital Expenditures (2016 - 2026)
KKR Real Estate Finance Trust (KREF) recorded Capital Expenditures of $22.06 million in Q2 2026, compared with $613,000 a year earlier and up 650.2% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) Capital Expenditures (2016 - 2026) Analysis & Trends
On a TTM basis, KKR Real Estate Finance Trust's Capital Expenditures came in at $28.69 million as of Jun 30, 2026; for FY2025, it was $5.58 million, down 31.1% from FY2024.
- Annual Capital Expenditures has a three-year compound annual growth rate of 49.8% (FY2022 to FY2025).
- Across earlier years, Capital Expenditures came in at $8.11 million in FY2024 (+335.8%), $1.86 million in FY2023 (+11.9%) and $1.66 million in FY2022.
- The Q2 2026 figure is the highest quarterly Capital Expenditures in data going back to Q1 2016.
- On a year-over-year basis, Capital Expenditures rose in three of the last six quarters, with growth averaging 28.4%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 221.6% in Q3 2024, against a decline of 95.8% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.94 million (Q1 2026), $2.71 million (Q4 2025) and $980,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 34.00 Mn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 66.87 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | KKR Real Estate Finance Trust | 374.31 Mn | -74.36 Mn | - | 22.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.06 Mn |
| Mar 31, 2026 | 2.94 Mn |
| Dec 31, 2025 | 2.71 Mn |
| Sep 30, 2025 | 980,000.00 |
| Jun 30, 2025 | 613,000.00 |
| Mar 31, 2025 | 1.28 Mn |
| Dec 31, 2024 | 20,000.00 |
| Sep 30, 2024 | 685,000.00 |
| Jun 30, 2024 | 5.29 Mn |
| Mar 31, 2024 | 2.11 Mn |
| Dec 31, 2023 | 473,000.00 |
| Sep 30, 2023 | 213,000.00 |
| Jun 30, 2023 | 306,000.00 |
| Mar 31, 2023 | 868,000.00 |
| Dec 31, 2022 | 543,000.00 |
| Sep 30, 2022 | 520,000.00 |
| Jun 30, 2022 | 599,000.00 |
| Sep 30, 2016 | 24,000.00 |
| Jun 30, 2016 | 49,000.00 |
| Mar 31, 2016 | 382,000.00 |
API Access
KKR Real Estate Finance Trust Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "KREF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();