KKR Real Estate Finance Trust (KREF) EBITDA (2023 - 2026)
KKR Real Estate Finance Trust (KREF) posted EBITDA of -$49.04 million for Q2 2026, compared with $52.02 million a year earlier.
KKR Real Estate Finance Trust (KREF) EBITDA (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at KKR Real Estate Finance Trust was $110.04 million, down 67.1% year-over-year; for FY2025, it came in at $274.92 million, down 38.7% from FY2024.
- Annual EBITDA shows a three-year compound annual growth rate of 0.1% (FY2022 to FY2025).
- In prior years, KKR Real Estate Finance Trust's EBITDA was $448.47 million in FY2024 (+4.8%), $427.86 million in FY2023 (+56.3%) and $273.75 million in FY2022.
- The Q2 2026 figure stands as the lowest quarterly EBITDA in data going back to Q4 2023.
- On a year-over-year basis, EBITDA increased in 1 of the last six quarters, with an average decline of 37.5%.
- According to Business Quant data, EBITDA for the three prior quarters was $13.54 million (Q1 2026), $49.35 million (Q4 2025) and $96.19 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 800.00 Mn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 234.61 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 2.31 Bn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 376.14 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 2.17 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | KKR Real Estate Finance Trust | 374.31 Mn | -74.36 Mn | - | -49.04 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -49.04 Mn |
| Mar 31, 2026 | 13.54 Mn |
| Dec 31, 2025 | 49.35 Mn |
| Sep 30, 2025 | 96.19 Mn |
| Jun 30, 2025 | 52.02 Mn |
| Mar 31, 2025 | 77.37 Mn |
| Dec 31, 2024 | 108.57 Mn |
| Sep 30, 2024 | 96.40 Mn |
| Jun 30, 2024 | 134.42 Mn |
| Mar 31, 2024 | 109.09 Mn |
| Dec 31, 2023 | 105.62 Mn |
KKR Real Estate Finance Trust EBITDA 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=ebitda&ticker=KREF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();