KKR Real Estate Finance Trust (KREF) Cash & Equivalents (2016 - 2026)
KKR Real Estate Finance Trust (KREF) recorded Cash & Equivalents of $83.06 million in Q2 2026, down 22.9% from $107.72 million a year earlier and down 38.7% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) Cash & Equivalents (2016 - 2026) Analysis & Trends
At the end of FY2025, KKR Real Estate Finance Trust reported Cash & Equivalents of $84.62 million, down 19.4% from FY2024.
- Annual Cash & Equivalents has declined for four straight years, with a five-year compound annual growth rate of -5.3% (FY2020 to FY2025).
- Across earlier years, Cash & Equivalents came in at $104.93 million in FY2024 (-22.8%), $135.9 million in FY2023 (-43.3%), $239.79 million in FY2022 (-11.7%) and $271.49 million in FY2021 (+145.0%).
- The Q2 2026 figure is the lowest quarterly Cash & Equivalents since Q4 2019.
- On a year-over-year basis, Cash & Equivalents rose in four of the last eight quarters, with growth averaging 6.4%.
- Peak year-over-year performance for Cash & Equivalents in the last five years was growth of 145.0% in Q4 2021, against a decline of 58.1% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $135.44 million (Q1 2026), $84.62 million (Q4 2025) and $204.09 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 3.10 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 6.08 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 811.99 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 1.63 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 16.19 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 182.47 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 2.91 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 383.00 Mn |
| 10 | KKR Real Estate Finance Trust | 364.35 Mn | -84.32 Mn | - | 83.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.06 Mn |
| Mar 31, 2026 | 135.44 Mn |
| Dec 31, 2025 | 84.62 Mn |
| Sep 30, 2025 | 204.09 Mn |
| Jun 30, 2025 | 107.72 Mn |
| Mar 31, 2025 | 106.41 Mn |
| Dec 31, 2024 | 104.93 Mn |
| Sep 30, 2024 | 108.80 Mn |
| Jun 30, 2024 | 107.15 Mn |
| Mar 31, 2024 | 106.52 Mn |
| Dec 31, 2023 | 135.90 Mn |
| Sep 30, 2023 | 108.04 Mn |
| Jun 30, 2023 | 207.70 Mn |
| Mar 31, 2023 | 254.10 Mn |
| Dec 31, 2022 | 239.79 Mn |
| Sep 30, 2022 | 183.34 Mn |
| Jun 30, 2022 | 118.02 Mn |
| Mar 31, 2022 | 173.18 Mn |
| Dec 31, 2021 | 271.49 Mn |
| Sep 30, 2021 | 307.73 Mn |
API Access
KKR Real Estate Finance Trust Cash & Equivalents 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=cash-and-equivalents&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();