KKR Real Estate Finance Trust (KREF) Payout Ratio (2016 - 2026)
KKR Real Estate Finance Trust's (KREF) quarterly Payout Ratio came in at 0.05 in Q2 2026, up 89.62% on a YoY basis from 0.03 in Q2 2025, and up 81.48% quarter-over-quarter from 0.26 in Q1 2026.
Analysis
KKR Real Estate Finance Trust (KREF) Payout Ratio (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has reported Payout Ratio for 11 consecutive years, with 0.05 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payout Ratio rose 89.62% year-over-year to 0.05; the trailing twelve-month figure through Jun 2026 stood at 0.26 (up 82.89% YoY), and the FY2025 full-year result was 0.96, down 115.29% from the prior year.
- Payout Ratio grew to 0.05 in Q2 2026 per KREF's latest filing, from 0.26 in the prior quarter.
- Across five years, Payout Ratio topped out at 2.02 in Q3 2025 and bottomed at 1.98 in Q1 2024.
- Historically, Payout Ratio has averaged 0.04 across 5 years, with a median of 0.36 in 2025.
- The widest YoY moves for Payout Ratio: up 325.5% in 2023, down 198.36% in 2023.
- Over 5 years, Payout Ratio stood at 1.81 in 2022, then tumbled by 188.01% to 1.59 in 2023, then soared by 174.08% to 1.18 in 2024, then sank by 142.69% to 0.5 in 2025, then soared by 90.44% to 0.05 in 2026.
- According to Business Quant data, Payout Ratio over the past three periods registered 0.05, 0.26, and 0.5 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - |
| 10 | KKR Real Estate Finance Trust | 468.79 Mn | 385.73 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.05 |
| Mar 31, 2026 | -0.26 |
| Dec 31, 2025 | -0.50 |
| Sep 30, 2025 | 2.02 |
| Jun 30, 2025 | -0.46 |
| Mar 31, 2025 | -1.61 |
| Dec 31, 2024 | 1.18 |
| Sep 30, 2024 | -1.33 |
| Jun 30, 2024 | 0.86 |
| Mar 31, 2024 | -1.98 |
| Dec 31, 2023 | -1.59 |
| Sep 30, 2023 | 1.39 |
| Jun 30, 2023 | -1.15 |
| Mar 31, 2023 | -0.96 |
| Dec 31, 2022 | 1.81 |
| Sep 30, 2022 | -0.62 |
| Jun 30, 2022 | 1.54 |
| Mar 31, 2022 | 0.98 |
| Dec 31, 2021 | 0.68 |
| Sep 30, 2021 | 0.75 |