KKR Real Estate Finance Trust (KREF) Payables (2016 - 2025)
KKR Real Estate Finance Trust (KREF) reported Payables of $16.09 million for Q4 2025, down 6.3% from $17.18 million a year earlier and down 1.3% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) Payables (2016 - 2025) Analysis & Trends
Dating back to Q4 2016, KKR Real Estate Finance Trust's Payables record includes 37 quarters.
- Payables has declined for three consecutive years, with a five-year compound annual growth rate of -11.2% (FY2020 to FY2025).
- By year, Payables came in at $17.18 million in FY2024 (-42.4%), $29.81 million in FY2023 (-25.4%), $39.96 million in FY2022 (+17.2%) and $34.08 million in FY2021 (+17.1%).
- The Q4 2025 figure ranks as the lowest quarterly Payables since Q1 2017.
- Year over year, Payables has now declined in each of the last 12 quarters, with an average decline of 23.4% over the last eight quarters.
- The high point for year-over-year Payables in five years was Q3 2022 (growth of 42.2%); the low point was Q4 2024 (a decline of 42.4%).
- Per Business Quant data, the three quarters before Q4 2025 came in at $16.31 million (Q3 2025), $16.42 million (Q2 2025) and $16.96 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 4.17 Bn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 5.70 Bn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 35.57 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 84.65 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 44.90 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 821.80 Mn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 167.00 Mn |
| 10 | KKR Real Estate Finance Trust | 374.31 Mn | -74.36 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 |
API Access
KKR Real Estate Finance Trust Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "KREF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();