KKR Real Estate Finance Trust (KREF) Depreciation and Depletion (2024 - 2026)
KKR Real Estate Finance Trust (KREF) recorded Depreciation and Depletion of $1 million in Q3 2026, up 37.5% from $730,000 a year earlier and up 1.2% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) Depreciation and Depletion (2024 - 2026) Analysis & Trends
On a TTM basis, KKR Real Estate Finance Trust's Depreciation and Depletion came in at $3.87 million as of Sep 30, 2026, up 75.3% year-over-year; for FY2025, it was $2.6 million, up 164.9% from FY2024.
- Across earlier years, Depreciation and Depletion came in at $983,000 in FY2024.
- The Q3 2026 figure is the highest quarterly Depreciation and Depletion in data going back to Q3 2024.
- On a year-over-year basis, Depreciation and Depletion has increased for five consecutive quarters, with growth averaging 73.9% over the last five quarters.
- Per Business Quant, the preceding three quarters came in at $992,000 (Q2 2026), $979,000 (Q1 2026) and $893,000 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 85.80 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 81.72 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | KKR Real Estate Finance Trust | 308.52 Mn | -98.81 Mn | - | 1.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.00 Mn |
| Jun 30, 2026 | 992,000.00 |
| Mar 31, 2026 | 979,000.00 |
| Dec 31, 2025 | 893,000.00 |
| Sep 30, 2025 | 730,000.00 |
| Jun 30, 2025 | 491,000.00 |
| Mar 31, 2025 | 490,000.00 |
| Dec 31, 2024 | 495,000.00 |
| Sep 30, 2024 | 488,000.00 |
API Access
KKR Real Estate Finance Trust Depreciation and Depletion 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=depreciation-and-depletion&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();