KKR Real Estate Finance Trust (KREF) Interest Coverage Ratio (2016 - 2026)
KKR Real Estate Finance Trust's (KREF) quarterly Interest Coverage Ratio came in at 0.74 in Q2 2026, down 218.43% YoY from 0.63 in Q2 2025, and down 512.65% on a QoQ basis from 0.18 in Q1 2026.
KKR Real Estate Finance Trust (KREF) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has 11 years of Interest Coverage Ratio data on file, last reported at 0.74 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 218.43% year-over-year to 0.74 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.36 (down 61.37% YoY) and the FY2025 annual result came in at 0.84, down 22.2% from the prior year.
- Interest Coverage Ratio slipped to 0.74 in Q2 2026, from 0.18 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 2.09 in Q1 2022 to a low of 0.74 in Q2 2026.
- A 5-year average of 0.89 and a median of 0.93 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio soared 238.71% — and 2026, when it sank 218.43%.
- Tracing KREF's Interest Coverage Ratio over 5 years: stood at 1.22 in 2022, then dropped by 26.97% to 0.89 in 2023, then surged by 37.09% to 1.22 in 2024, then tumbled by 47.5% to 0.64 in 2025, then slumped by 215.9% to 0.74 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.74 (Q2 2026), 0.18 (Q1 2026), and 0.64 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 1.63 |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 1.06 |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 1.43 |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 0.65 |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 1.48 |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 0.53 |
| 10 | KKR Real Estate Finance Trust | 456.61 Mn | 373.55 Mn | - | -0.74 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.74 |
| Mar 31, 2026 | 0.18 |
| Dec 31, 2025 | 0.64 |
| Sep 30, 2025 | 1.15 |
| Jun 30, 2025 | 0.63 |
| Mar 31, 2025 | 0.93 |
| Dec 31, 2024 | 1.22 |
| Sep 30, 2024 | 0.93 |
| Jun 30, 2024 | 1.24 |
| Mar 31, 2024 | 0.97 |
| Dec 31, 2023 | 0.89 |
| Sep 30, 2023 | 1.23 |
| Jun 30, 2023 | 0.83 |
| Mar 31, 2023 | 0.76 |
| Dec 31, 2022 | 1.22 |
| Sep 30, 2022 | 0.36 |
| Jun 30, 2022 | 1.56 |
| Mar 31, 2022 | 2.09 |
| Dec 31, 2021 | 2.35 |
| Sep 30, 2021 | 2.20 |