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

KKR Real Estate Finance Trust (KREF) reported Invested Capital of $1.2 billion for Q1 2026, down 39.75% on a YoY basis from $1.9 billion in Q1 2025, and down 1.68% quarter-over-quarter from $1.2 billion in Q4 2025.

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

KKR Real Estate Finance Trust has reported Invested Capital for 11 years, with the latest figure at $1.2 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 39.75% year-over-year to $1.2 billion; the trailing twelve-month figure through Mar 2026 stood at $1.2 billion (down 39.75% YoY), and the FY2025 full-year result was $1.2 billion, down 16.18% from the prior year.
  • Invested Capital for Q1 2026 stood at $1.2 billion, down from $1.2 billion in the prior quarter.
  • The five-year high for Invested Capital was $1.9 billion in Q1 2025, with the low at -$96.8 million in Q2 2023.
  • Historically, Invested Capital has averaged $1.0 billion across 5 years, with a median of $1.4 billion in 2024.
  • Annual changes were most pronounced in 2023 — Invested Capital sank 81414.29% — and 2024, when it surged 5750475.0%.
  • KKR Real Estate Finance Trust's Invested Capital stood at $1.6 billion in 2022, then retreated by 10.64% to $1.4 billion in 2023, then fell by 0.38% to $1.4 billion in 2024, then declined by 16.18% to $1.2 billion in 2025, then declined by 1.68% to $1.2 billion in 2026.
  • The last three Invested Capital figures came in at $1.2 billion (Q1 2026), $1.2 billion (Q4 2025), and $1.9 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 16.27 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - 12.18 Bn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 6.99 Bn
4 Rithm Capital 5.08 Bn 4.78 Bn - 215,000.00
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 3.89 Bn
6 Dynex Capital 2.58 Bn 1.80 Bn - 2.72 Bn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 2.34 Bn
8 Ellington Financial 1.67 Bn 1.39 Bn - 2.60 Bn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 1.73 Bn
10 KKR Real Estate Finance Trust 447.54 Mn 369.35 Mn - 1.15 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.15 Bn
Dec 31, 2025 1.17 Bn
Sep 30, 2025 1.88 Bn
Jun 30, 2025 1.29 Bn
Mar 31, 2025 1.91 Bn
Dec 31, 2024 1.40 Bn
Sep 30, 2024 1.41 Bn
Jun 30, 2024 1.44 Bn
Mar 31, 2024 1.38 Bn
Dec 31, 2023 1.40 Bn
Sep 30, 2023 131,000.00
Jun 30, 2023 -96.76 Mn
Mar 31, 2023 -24,000.00
Dec 31, 2022 1.57 Bn
Sep 30, 2022 1.60 Bn
Jun 30, 2022 119,000.00
Mar 31, 2022 -37.62 Mn
Dec 31, 2021 147,000.00
Sep 30, 2021 556,000.00
Jun 30, 2021 69,000.00