KKR Real Estate Finance Trust (KREF) Common Equity (2016 - 2026)
KKR Real Estate Finance Trust (KREF) reported Common Equity of $990.3 million for Q2 2026, down 23.4% from $1.29 billion a year earlier and down 14.1% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) Common Equity (2016 - 2026) Analysis & Trends
At the end of FY2025, KKR Real Estate Finance Trust posted Common Equity of $1.23 billion, down 12.4% from FY2024.
- Common Equity has declined for three consecutive years, though with a five-year compound annual growth rate of 3.3% (FY2020 to FY2025).
- By year, Common Equity came in at $1.4 billion in FY2024 (-0.4%), $1.4 billion in FY2023 (-10.6%), $1.57 billion in FY2022 (+15.4%) and $1.36 billion in FY2021 (+30.5%).
- The Q2 2026 figure ranks as the lowest quarterly Common Equity since Q1 2017.
- Year over year, Common Equity has now declined in each of the last 14 quarters, with an average decline of 9.4% over the last eight quarters.
- The high point for year-over-year Common Equity in five years was Q1 2022 (growth of 57.0%); the low point was Q2 2026 (a decline of 23.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.15 billion (Q1 2026), $1.23 billion (Q4 2025) and $1.28 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 23.55 Bn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 30.05 Bn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 9.79 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 116.50 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 5.48 Bn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 16.90 Bn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 7.63 Bn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 16.98 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 13.89 Bn |
| 10 | KKR Real Estate Finance Trust | 374.31 Mn | -74.36 Mn | - | 990.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 990.30 Mn |
| Mar 31, 2026 | 1.15 Bn |
| Dec 31, 2025 | 1.23 Bn |
| Sep 30, 2025 | 1.28 Bn |
| Jun 30, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.36 Bn |
| Dec 31, 2024 | 1.40 Bn |
| Sep 30, 2024 | 1.41 Bn |
| Jun 30, 2024 | 1.44 Bn |
| Mar 31, 2024 | 1.38 Bn |
| Dec 31, 2023 | 1.40 Bn |
| Sep 30, 2023 | 1.45 Bn |
| Jun 30, 2023 | 1.46 Bn |
| Mar 31, 2023 | 1.51 Bn |
| Dec 31, 2022 | 1.57 Bn |
| Sep 30, 2022 | 1.60 Bn |
| Jun 30, 2022 | 1.68 Bn |
| Mar 31, 2022 | 1.65 Bn |
| Dec 31, 2021 | 1.36 Bn |
| Sep 30, 2021 | 1.23 Bn |
API Access
KKR Real Estate Finance Trust Common Equity 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=common-equity&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();