KKR Real Estate Finance Trust (KREF) Debt Ratio (2019 - 2026)
KKR Real Estate Finance Trust's (KREF) quarterly Debt Ratio came in at 0.1 in Q2 2026, down 77.98% YoY from 0.44 in Q2 2025, and down 76.15% on a QoQ basis from 0.4 in Q1 2026.
KKR Real Estate Finance Trust (KREF) Debt Ratio (2019 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has 8 years of Debt Ratio data on file, last reported at 0.1 in Q2 2026.
- Quarterly Debt Ratio fell 77.98% year-over-year to 0.1 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.1 (down 77.98% YoY) and the FY2025 annual result came in at 0.1, up 86.11% from the prior year.
- Debt Ratio slipped to 0.1 in Q2 2026, from 0.4 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.5 in Q3 2023 to a low of 0.04 in Q1 2023.
- A 5-year average of 0.24 and a median of 0.1 in 2025 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2022 — Debt Ratio plunged 91.93% — and 2023, when it soared 1060.85%.
- Tracing KREF's Debt Ratio over 5 years: stood at 0.04 in 2022, then soared by 1060.85% to 0.5 in 2023, then sank by 89.51% to 0.05 in 2024, then jumped by 86.11% to 0.1 in 2025, then fell by 1.77% to 0.1 in 2026.
- The last three Debt Ratio figures came in at 0.1 (Q2 2026), 0.4 (Q1 2026), and 0.1 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 0.24 |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 0.74 |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 0.31 |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 0.86 |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 0.06 |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 0.85 |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 0.03 |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 0.85 |
| 10 | KKR Real Estate Finance Trust | 456.61 Mn | 373.55 Mn | - | 0.10 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.10 |
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.10 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.46 |
| Dec 31, 2024 | 0.05 |
| Sep 30, 2024 | 0.05 |
| Jun 30, 2024 | 0.05 |
| Mar 31, 2024 | 0.05 |
| Dec 31, 2023 | 0.50 |
| Sep 30, 2023 | 0.50 |
| Jun 30, 2023 | 0.50 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.46 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 0.05 |
| Sep 30, 2021 | 0.51 |