KKR Real Estate Finance Trust (KREF) EBT Margin (2016 - 2026)
KKR Real Estate Finance Trust's EBT Margin came in at -4.90% for Q3 2026, down 55.52 percentage points from 50.62% a year earlier but up 677.51 percentage points from the prior quarter.
Powered by 
Analysis
KKR Real Estate Finance Trust (KREF) EBT Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, KKR Real Estate Finance Trust reported EBT Margin of -235.16%, down 231.92 percentage points year-over-year; for FY2025, it was -44.69%, down 67.35 percentage points from FY2024.
- EBT Margin carries a five-year change of -83.18 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 22.65% in FY2024 (+39.56 pp), -16.91% in FY2023 (-36.67 pp), 19.76% in FY2022 (-58.13 pp) and 77.89% in FY2021 (+39.40 pp).
- The five-year range for quarterly EBT Margin is -682.41% (Q2 2026) to 92.01% (Q4 2021).
- Year-over-year, EBT Margin has declined for four consecutive quarters, with an average year-over-year change of -126.43 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q3 2023 (a gain of 148.38 percentage points), and the weakest in Q2 2026 (a drop of 582.96 percentage points).
- Business Quant data shows KREF's EBT Margin at -682.41% (Q2 2026), -212.91% (Q1 2026) and -103.40% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 38.64% |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 29.17% |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 30.96% |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 61.04% |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 24.03% |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 16.25% |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 61.48% |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | -114.70% |
| 10 | KKR Real Estate Finance Trust | 308.52 Mn | -98.81 Mn | - | -4.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -4.90% |
| Jun 30, 2026 | -682.41% |
| Mar 31, 2026 | -212.91% |
| Dec 31, 2025 | -103.40% |
| Sep 30, 2025 | 50.62% |
| Jun 30, 2025 | -99.44% |
| Mar 31, 2025 | -18.46% |
| Dec 31, 2024 | 55.95% |
| Sep 30, 2024 | -19.47% |
| Jun 30, 2024 | 63.31% |
| Mar 31, 2024 | -8.47% |
| Dec 31, 2023 | -27.56% |
| Sep 30, 2023 | 59.40% |
| Jun 30, 2023 | -44.82% |
| Mar 31, 2023 | -54.29% |
| Dec 31, 2022 | 38.23% |
| Sep 30, 2022 | -88.98% |
| Jun 30, 2022 | 53.29% |
| Mar 31, 2022 | 83.02% |
| Dec 31, 2021 | 92.01% |
API Access
KKR Real Estate Finance Trust EBT 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=ebt-margin&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();