KKR Real Estate Finance Trust KREF
NYSE KREF
$7.47 -0.18 (-2.29%)
As of: Sep 8, 2026 · 3:59 PM EDT

KKR Real Estate Finance Trust (KREF) Invested Capital (2016 - 2026)

KKR Real Estate Finance Trust's (KREF) quarterly Invested Capital came in at $4.0 billion in Q2 2026, down 5.35% on a YoY basis from $4.2 billion in Q2 2025, and up 1.53% quarter-over-quarter from $4.0 billion in Q1 2026.

Analysis

KKR Real Estate Finance Trust (KREF) Invested Capital (2016 - 2026) Analysis & Trends

KKR Real Estate Finance Trust (KREF) has reported Invested Capital for 11 consecutive years, with $4.0 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Invested Capital fell 5.35% year-over-year to $4.0 billion; the trailing twelve-month figure through Jun 2026 stood at $4.0 billion (down 5.35% YoY), and the FY2025 full-year result was $4.1 billion, down 2.61% from the prior year.
  • Invested Capital grew to $4.0 billion in Q2 2026 per KREF's latest filing, from $4.0 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $5.4 billion in Q1 2023 and bottomed at $4.0 billion in Q1 2026.
  • Historically, Invested Capital has averaged $4.7 billion across 5 years, with a median of $4.7 billion in 2022.
  • The sharpest annual moves came in 2022 and 2024: Invested Capital grew 24.28% in 2022, then declined 19.07% in 2024.
  • Over 5 years, Invested Capital stood at $5.3 billion in 2022, then retreated by 2.51% to $5.2 billion in 2023, then fell by 19.07% to $4.2 billion in 2024, then declined by 2.61% to $4.1 billion in 2025, then slipped by 1.8% to $4.0 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $4.0 billion, $4.0 billion, and $4.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 51.34 Bn
2 AGNC Investment 12.43 Bn 11.10 Bn - 102.35 Bn
3 Starwood Property Trust 5.84 Bn 3.67 Bn - 25.64 Bn
4 Rithm Capital 5.57 Bn 5.57 Bn - -
5 Dynex Capital 2.88 Bn 2.27 Bn - 25.82 Bn
6 Two Harbors Investment 2.65 Bn 2.01 Bn - 1.86 Bn
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - 4.48 Bn
8 Armour Residential REIT 2.11 Bn 2.02 Bn - 22.02 Bn
9 Ellington Financial 1.71 Bn 1.46 Bn - 2.65 Bn
10 KKR Real Estate Finance Trust 468.79 Mn 385.73 Mn - 4.01 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.01 Bn
Mar 31, 2026 3.95 Bn
Dec 31, 2025 4.09 Bn
Sep 30, 2025 3.98 Bn
Jun 30, 2025 4.24 Bn
Mar 31, 2025 4.39 Bn
Dec 31, 2024 4.20 Bn
Sep 30, 2024 4.43 Bn
Jun 30, 2024 4.72 Bn
Mar 31, 2024 4.90 Bn
Dec 31, 2023 5.19 Bn
Sep 30, 2023 5.28 Bn
Jun 30, 2023 5.27 Bn
Mar 31, 2023 5.39 Bn
Dec 31, 2022 5.32 Bn
Sep 30, 2022 5.06 Bn
Jun 30, 2022 5.25 Bn
Mar 31, 2022 4.68 Bn
Dec 31, 2021 5.09 Bn
Sep 30, 2021 4.20 Bn