KKR Real Estate Finance Trust (KREF) Payables (2016 - 2025)
KKR Real Estate Finance Trust's (KREF) quarterly Payables came in at $16.1 million in Q4 2025, down 6.32% on a YoY basis from $17.2 million in Q4 2024, and down 1.32% quarter-over-quarter from $16.3 million in Q3 2025.
Analysis
KKR Real Estate Finance Trust (KREF) Payables (2016 - 2025) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has reported Payables for 10 consecutive years, with $16.1 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Payables fell 6.32% year-over-year to $16.1 million; the trailing twelve-month figure through Dec 2025 stood at $16.1 million (down 6.32% YoY), and the FY2025 full-year result was $16.1 million, down 6.32% from the prior year.
- Payables declined to $16.1 million in Q4 2025 per KREF's latest filing, from $16.3 million in the prior quarter.
- Across five years, Payables topped out at $40.0 million in Q4 2022 and bottomed at $16.1 million in Q4 2025.
- Historically, Payables has averaged $26.2 million across 5 years, with a median of $28.1 million in 2021.
- The sharpest annual moves came in 2022 and 2024: Payables soared 42.2% in 2022, then sank 42.37% in 2024.
- Over 5 years, Payables stood at $34.1 million in 2021, then rose by 17.23% to $40.0 million in 2022, then decreased by 25.41% to $29.8 million in 2023, then tumbled by 42.37% to $17.2 million in 2024, then retreated by 6.32% to $16.1 million in 2025.
- According to Business Quant data, Payables over the past three periods registered $16.1 million, $16.3 million, and $16.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 894.52 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 496.00 Mn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 756.30 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 3.10 Bn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 46.94 Mn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 48.96 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 241.14 Mn |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 60.21 Mn |
| 10 | KKR Real Estate Finance Trust | 468.79 Mn | 385.73 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 16.09 Mn |
| Sep 30, 2025 | 16.31 Mn |
| Jun 30, 2025 | 16.42 Mn |
| Mar 31, 2025 | 16.96 Mn |
| Dec 31, 2024 | 17.18 Mn |
| Sep 30, 2024 | 17.33 Mn |
| Jun 30, 2024 | 17.33 Mn |
| Mar 31, 2024 | 17.33 Mn |
| Dec 31, 2023 | 29.81 Mn |
| Sep 30, 2023 | 29.72 Mn |
| Jun 30, 2023 | 29.72 Mn |
| Mar 31, 2023 | 29.71 Mn |
| Dec 31, 2022 | 39.96 Mn |
| Sep 30, 2022 | 38.89 Mn |
| Jun 30, 2022 | 37.70 Mn |
| Mar 31, 2022 | 36.84 Mn |
| Dec 31, 2021 | 34.08 Mn |
| Sep 30, 2021 | 27.35 Mn |
| Jun 30, 2021 | 27.60 Mn |
| Mar 31, 2021 | 28.61 Mn |