KKR Real Estate Finance Trust (KREF) Enterprise Value (2016 - 2026)
KKR Real Estate Finance Trust (KREF) reported Enterprise Value of -$78.2 million for Q1 2026, down 48.44% on a YoY basis from -$151.7 million in Q1 2025, and down 144.64% quarter-over-quarter from -$32.0 million in Q4 2025.
KKR Real Estate Finance Trust (KREF) Enterprise Value (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust has reported Enterprise Value for 11 years, with the latest figure at -$78.2 million in Q1 2026.
- For the quarter ending Q1 2026, Enterprise Value fell 48.44% year-over-year to -$78.2 million; the trailing twelve-month figure through Mar 2026 stood at -$78.2 million (down 48.44% YoY), and the FY2025 full-year result was -$32.0 million, up 37.43% from the prior year.
- Enterprise Value for Q1 2026 stood at -$78.2 million, down from -$32.0 million in the prior quarter.
- The five-year high for Enterprise Value was -$32.0 million in Q4 2025, with the low at -$254.1 million in Q1 2023.
- Historically, Enterprise Value has averaged -$121.1 million across 5 years, with a median of -$108.5 million in 2023.
- Annual changes were most pronounced in 2024 — Enterprise Value surged 74.0% — and 2025, when it tumbled 174.0%.
- KKR Real Estate Finance Trust's Enterprise Value stood at -$239.9 million in 2022, then surged by 43.11% to -$136.5 million in 2023, then jumped by 62.57% to -$51.1 million in 2024, then soared by 37.43% to -$32.0 million in 2025, then plunged by 144.64% to -$78.2 million in 2026.
- The last three Enterprise Value figures came in at -$78.2 million (Q1 2026), -$32.0 million (Q4 2025), and -$151.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | -2.26 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | -671.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 3.24 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | -142.40 Mn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | -546.06 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | -773.83 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | -727.49 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | -278.21 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | -547.51 Mn |
| 10 | KKR Real Estate Finance Trust | 447.54 Mn | 369.35 Mn | - | -78.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -78.19 Mn |
| Dec 31, 2025 | -31.96 Mn |
| Sep 30, 2025 | -151.74 Mn |
| Jun 30, 2025 | -54.63 Mn |
| Mar 31, 2025 | -52.68 Mn |
| Dec 31, 2024 | -51.08 Mn |
| Sep 30, 2024 | -55.38 Mn |
| Jun 30, 2024 | -54.03 Mn |
| Mar 31, 2024 | -107.42 Mn |
| Dec 31, 2023 | -136.48 Mn |
| Sep 30, 2023 | -108.47 Mn |
| Jun 30, 2023 | -207.82 Mn |
| Mar 31, 2023 | -254.12 Mn |
| Dec 31, 2022 | -239.89 Mn |
| Sep 30, 2022 | -183.38 Mn |
| Jun 30, 2022 | -117.90 Mn |
| Mar 31, 2022 | -172.99 Mn |
| Dec 31, 2021 | -271.34 Mn |
| Sep 30, 2021 | -305.13 Mn |
| Jun 30, 2021 | -116.86 Mn |