KKR Real Estate Finance Trust (KREF) FCF Payout Ratio (2016 - 2026)
KKR Real Estate Finance Trust's (KREF) FCF Payout Ratio came in at 1.58 for Q1 2026, up 34.4% from 1.17 a year earlier and up 35.7% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) FCF Payout Ratio (2016 - 2026) Analysis & Trends
For FY2025, KKR Real Estate Finance Trust's FCF Payout Ratio stood at 1.00, up 52.5% from FY2024.
- In prior years, KKR Real Estate Finance Trust's FCF Payout Ratio was 0.66 in FY2024 (-14.9%), 0.77 in FY2023 (-6.6%), 0.83 in FY2022 (+7.9%) and 0.77 in FY2021 (-8.5%).
- The Q1 2026 figure stands as the highest quarterly FCF Payout Ratio since Q2 2019.
- On a year-over-year basis, FCF Payout Ratio has increased in each of the last six quarters, with growth averaging 26.8% over the last eight quarters.
- The strongest year-over-year quarter for FCF Payout Ratio in the past five years was Q3 2025, with growth of 161.7%; the weakest was Q3 2024, with a decline of 49.9%.
- According to Business Quant data, FCF Payout Ratio for the three prior quarters was 1.16 (Q4 2025), 0.94 (Q3 2025) and 0.83 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (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 | - | 0.04 |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 0.12 |
| 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 |
|---|---|
| Mar 31, 2026 | 1.58 |
| Dec 31, 2025 | 1.16 |
| Sep 30, 2025 | 0.94 |
| Jun 30, 2025 | 0.83 |
| Mar 31, 2025 | 1.17 |
| Dec 31, 2024 | 0.95 |
| Sep 30, 2024 | 0.36 |
| Jun 30, 2024 | 0.68 |
| Mar 31, 2024 | 0.92 |
| Dec 31, 2023 | 0.82 |
| Sep 30, 2023 | 0.72 |
| Jun 30, 2023 | 0.84 |
| Mar 31, 2023 | 0.73 |
| Dec 31, 2022 | 0.81 |
| Sep 30, 2022 | 0.85 |
| Jun 30, 2022 | 0.84 |
| Mar 31, 2022 | 0.80 |
| Dec 31, 2021 | 0.86 |
| Sep 30, 2021 | 0.62 |
| Jun 30, 2021 | 0.86 |
API Access
KKR Real Estate Finance Trust FCF Payout Ratio 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=fcf-payout-ratio&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();