KKR Real Estate Finance Trust (KREF) EBITDA Margin (2023 - 2026)
KKR Real Estate Finance Trust (KREF) posted EBITDA Margin of 371.38% for Q3 2026, down 28.63 percentage points from 400.01% a year earlier but up 640.51 percentage points from the prior quarter.
KKR Real Estate Finance Trust (KREF) EBITDA Margin (2023 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBITDA Margin at KKR Real Estate Finance Trust was 95.43%, down 188.06 percentage points year-over-year; for FY2025, it was 255.05%, down 48.22 percentage points from FY2024.
- Annual EBITDA Margin shows a three-year change of +98.85 percentage points (FY2022 to FY2025).
- In prior years, KKR Real Estate Finance Trust's EBITDA Margin was 303.27% in FY2024 (+55.20 pp), 248.07% in FY2023 (+91.87 pp) and 156.20% in FY2022.
- Quarterly EBITDA Margin has run from a low of -269.13% in Q2 2026 to a high of 400.01% in Q3 2025 over five years.
- On a year-over-year basis, EBITDA Margin has declined in each of the last four quarters, with an average year-over-year change of -96.11 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q3 2025, with a gain of 130.40 percentage points; the weakest was Q2 2026, with a drop of 448.15 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was -269.13% (Q2 2026), 63.63% (Q1 2026) and 200.75% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 44.58% |
| 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 | - | 47.01% |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 22.34% |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 82.99% |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 49.93% |
| 10 | KKR Real Estate Finance Trust | 308.52 Mn | -98.81 Mn | - | 371.38% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 371.38% |
| Jun 30, 2026 | -269.13% |
| Mar 31, 2026 | 63.63% |
| Dec 31, 2025 | 200.75% |
| Sep 30, 2025 | 400.01% |
| Jun 30, 2025 | 179.02% |
| Mar 31, 2025 | 258.35% |
| Dec 31, 2024 | 313.63% |
| Sep 30, 2024 | 269.61% |
| Jun 30, 2024 | 342.93% |
| Mar 31, 2024 | 285.37% |
| Dec 31, 2023 | 237.60% |
KKR Real Estate Finance Trust EBITDA Margin 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-margin&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();