KKR Real Estate Finance Trust (KREF) Enterprise Value (2017 - 2026)
KKR Real Estate Finance Trust (KREF) recorded Enterprise Value of $250.49 million in Q3 2026, down 42.5% from $435.3 million a year earlier and down 33.4% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) Enterprise Value (2017 - 2026) Analysis & Trends
On a TTM basis, KKR Real Estate Finance Trust's Enterprise Value came in at -$52.62 million as of Sep 30, 2026; for FY2025, it was $497.14 million, down 22.7% from FY2024.
- Annual Enterprise Value has a five-year compound annual growth rate of -10.9% (FY2020 to FY2025).
- Across earlier years, Enterprise Value came in at $642.92 million in FY2024 (-17.6%), $780.54 million in FY2023 (+7.7%), $724.67 million in FY2022 (-28.0%) and $1.01 billion in FY2021 (+13.4%).
- The Q3 2026 figure is the lowest quarterly Enterprise Value in data going back to Q2 2017.
- On a year-over-year basis, Enterprise Value has declined for six consecutive quarters, with an average decline of 25.5% over the last eight quarters.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 50.4% in Q1 2022, against a decline of 56.6% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $376.15 million (Q2 2026), $315.17 million (Q1 2026) and $497.14 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 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 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 250.49 Mn |
| Jun 30, 2026 | 376.15 Mn |
| Mar 31, 2026 | 315.17 Mn |
| Dec 31, 2025 | 497.14 Mn |
| Sep 30, 2025 | 435.30 Mn |
| Jun 30, 2025 | 521.35 Mn |
| Mar 31, 2025 | 679.83 Mn |
| Dec 31, 2024 | 642.92 Mn |
| Sep 30, 2024 | 800.88 Mn |
| Jun 30, 2024 | 573.44 Mn |
| Mar 31, 2024 | 589.87 Mn |
| Dec 31, 2023 | 780.54 Mn |
| Sep 30, 2023 | 711.82 Mn |
| Jun 30, 2023 | 633.20 Mn |
| Mar 31, 2023 | 532.87 Mn |
| Dec 31, 2022 | 724.67 Mn |
| Sep 30, 2022 | 943.36 Mn |
| Jun 30, 2022 | 1.10 Bn |
| Mar 31, 2022 | 1.23 Bn |
| Dec 31, 2021 | 1.01 Bn |
API Access
KKR Real Estate Finance Trust Enterprise Value 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=enterprise-value&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();