KKR Real Estate Finance Trust (KREF) EV to EBITDA (2024 - 2026)
KKR Real Estate Finance Trust's (KREF) EV to EBITDA came in at 3.42 for Q2 2026, up 119.2% from 1.56 a year earlier and up 129.0% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) EV to EBITDA (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at KKR Real Estate Finance Trust was -0.44; for FY2025, it was 1.81, up 26.1% from FY2024.
- In prior years, KKR Real Estate Finance Trust's EV to EBITDA was 1.43 in FY2024 (-21.4%), 1.82 in FY2023 (-31.1%) and 2.65 in FY2022.
- The Q2 2026 figure stands as the highest quarterly EV to EBITDA in data going back to Q3 2024.
- On a year-over-year basis, EV to EBITDA increased in two of the last four quarters, with growth averaging 27.3%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 1.49 (Q1 2026), 1.81 (Q4 2025) and 1.30 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - |
| 10 | KKR Real Estate Finance Trust | 374.31 Mn | -74.36 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.42 |
| Mar 31, 2026 | 1.49 |
| Dec 31, 2025 | 1.81 |
| Sep 30, 2025 | 1.30 |
| Jun 30, 2025 | 1.56 |
| Mar 31, 2025 | 1.63 |
| Dec 31, 2024 | 1.43 |
| Sep 30, 2024 | 1.80 |
API Access
KKR Real Estate Finance Trust EV to EBITDA 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=ev-to-ebitda&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();