KKR Real Estate Finance Trust KREF
NYSE KREF
$7.47 -0.18 (-2.29%)
As of: Sep 8, 2026 · 3:59 PM EDT

KKR Real Estate Finance Trust (KREF) Debt Ratio (2016 - 2026)

KKR Real Estate Finance Trust's (KREF) quarterly Debt Ratio came in at 0.46 in Q2 2026, up 5.64% on a YoY basis from 0.44 in Q2 2025, and up 14.39% quarter-over-quarter from 0.4 in Q1 2026.

Analysis

KKR Real Estate Finance Trust (KREF) Debt Ratio (2016 - 2026) Analysis & Trends

KKR Real Estate Finance Trust (KREF) has reported Debt Ratio for 11 consecutive years, with 0.46 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio rose 5.64% year-over-year to 0.46; the trailing twelve-month figure through Jun 2026 stood at 0.46 (up 5.64% YoY), and the FY2025 full-year result was 0.44, changed 0.48% from the prior year.
  • Debt Ratio climbed to 0.46 in Q2 2026 per KREF's latest filing, from 0.4 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.5 in Q3 2023 and bottomed at 0.4 in Q1 2026.
  • Historically, Debt Ratio has averaged 0.46 across 5 years, with a median of 0.46 in 2026.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio declined 22.19% in 2022, then increased 15.9% in 2023.
  • Over 5 years, Debt Ratio stood at 0.48 in 2022, then increased by 4.3% to 0.5 in 2023, then slipped by 12.06% to 0.44 in 2024, then grew by 0.48% to 0.44 in 2025, then climbed by 4.11% to 0.46 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.46, 0.4, and 0.44 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 0.24
2 AGNC Investment 12.43 Bn 11.10 Bn - 0.74
3 Starwood Property Trust 5.84 Bn 3.67 Bn - 0.31
4 Rithm Capital 5.57 Bn 5.57 Bn - -
5 Dynex Capital 2.88 Bn 2.27 Bn - 0.86
6 Two Harbors Investment 2.65 Bn 2.01 Bn - 0.01
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - 0.06
8 Armour Residential REIT 2.11 Bn 2.02 Bn - 0.85
9 Ellington Financial 1.71 Bn 1.46 Bn - 0.03
10 KKR Real Estate Finance Trust 468.79 Mn 385.73 Mn - 0.46
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.46
Mar 31, 2026 0.40
Dec 31, 2025 0.44
Sep 30, 2025 0.42
Jun 30, 2025 0.44
Mar 31, 2025 0.46
Dec 31, 2024 0.44
Sep 30, 2024 0.45
Jun 30, 2024 0.47
Mar 31, 2024 0.49
Dec 31, 2023 0.50
Sep 30, 2023 0.50
Jun 30, 2023 0.50
Mar 31, 2023 0.49
Dec 31, 2022 0.48
Sep 30, 2022 0.46
Jun 30, 2022 0.46
Mar 31, 2022 0.42
Dec 31, 2021 0.56
Sep 30, 2021 0.51