KKR Real Estate Finance Trust (KREF) Debt Ratio (2019 - 2026)
KKR Real Estate Finance Trust (KREF) posted Debt Ratio of 0.1 for Q2 2026, down 76.15% on a QoQ basis from 0.4 in Q1 2026, and down 77.98% year-over-year from 0.44 in Q2 2025.
KKR Real Estate Finance Trust (KREF) Debt Ratio (2019 - 2026) Analysis & Trends
KKR Real Estate Finance Trust's Debt Ratio history runs 8 years deep, the most recent figure standing at 0.1 for 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 was 0.1 for Q2 2026 at KKR Real Estate Finance Trust, down from 0.4 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.5 in Q3 2023 and bottomed at 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 tumbled 91.93% — and 2023, when it soared 1060.85%.
- KKR Real Estate Finance Trust's Debt Ratio stood at 0.04 in 2022, then surged by 1060.85% to 0.5 in 2023, then tumbled by 89.51% to 0.05 in 2024, then soared by 86.11% to 0.1 in 2025, then decreased by 1.77% to 0.1 in 2026.
- Business Quant data shows KREF's Debt Ratio at 0.1 in Q2 2026, 0.4 in Q1 2026, and 0.1 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 0.01 |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 0.74 |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 0.30 |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 0.04 |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 0.01 |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 0.85 |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 0.01 |
| 10 | KKR Real Estate Finance Trust | 446.61 Mn | 422.08 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 |