KKR Real Estate Finance Trust (KREF) Free Cash Flow (2016 - 2026)

KKR Real Estate Finance Trust (KREF) reported Free Cash Flow of $10.2 million for Q1 2026, down 30.28% on a YoY basis from $14.6 million in Q1 2025, and up 13.89% quarter-over-quarter from $9.0 million in Q4 2025.

KKR Real Estate Finance Trust (KREF) Free Cash Flow (2016 - 2026) Analysis & Trends

KKR Real Estate Finance Trust has reported Free Cash Flow for 11 years, with the latest figure at $10.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 30.28% year-over-year to $10.2 million; the trailing twelve-month figure through Mar 2026 stood at $50.1 million (down 56.21% YoY), and the FY2025 full-year result was $61.6 million, down 53.38% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $10.2 million, up from $9.0 million in the prior quarter.
  • The five-year high for Free Cash Flow was $56.1 million in Q3 2024, with the low at $9.0 million in Q4 2025.
  • Historically, Free Cash Flow has averaged $29.0 million across 5 years, with a median of $33.1 million in 2022.
  • Annual changes were most pronounced in 2022 — Free Cash Flow surged 37.07% — and 2025, when it plunged 83.25%.
  • KKR Real Estate Finance Trust's Free Cash Flow stood at $38.3 million in 2022, then declined by 3.79% to $36.8 million in 2023, then tumbled by 50.27% to $18.3 million in 2024, then slumped by 51.1% to $9.0 million in 2025, then climbed by 13.89% to $10.2 million in 2026.
  • The last three Free Cash Flow figures came in at $10.2 million (Q1 2026), $9.0 million (Q4 2025), and $9.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -55.71 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - 387.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 93.56 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - 60.96 Mn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 169.73 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - 69.85 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 111.56 Mn
8 Ellington Financial 1.67 Bn 1.39 Bn - -17.01 Bn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -488.96 Mn
10 KKR Real Estate Finance Trust 447.54 Mn 369.35 Mn - 10.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 10.20 Mn
Mar 31, 2026 10.20 Mn
Dec 31, 2025 8.96 Mn
Dec 31, 2025 8.96 Mn
Sep 30, 2025 9.41 Mn
Sep 30, 2025 9.41 Mn
Jun 30, 2025 21.56 Mn
Jun 30, 2025 21.56 Mn
Mar 31, 2025 14.63 Mn
Mar 31, 2025 14.63 Mn
Dec 31, 2024 18.32 Mn
Dec 31, 2024 18.32 Mn
Sep 30, 2024 56.15 Mn
Sep 30, 2024 56.15 Mn
Jun 30, 2024 25.35 Mn
Jun 30, 2024 25.35 Mn
Mar 31, 2024 32.38 Mn
Mar 31, 2024 32.38 Mn
Dec 31, 2023 36.84 Mn
Dec 31, 2023 36.84 Mn