KKR Real Estate Finance Trust (KREF) Shares Outstanding (2016 - 2026)
KKR Real Estate Finance Trust (KREF) reported Shares Outstanding of 62.46 million for Q2 2026, down 7.0% from 67.19 million a year earlier and down 3.4% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) Shares Outstanding (2016 - 2026) Analysis & Trends
For FY2025, KKR Real Estate Finance Trust posted Shares Outstanding of 66.81 million, down 3.7% from FY2024.
- Shares Outstanding has a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 69.4 million in FY2024 (+0.3%), 69.18 million in FY2023 (+2.4%), 67.55 million in FY2022 (+19.4%) and 56.57 million in FY2021 (+1.0%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding since Q4 2021.
- Year over year, Shares Outstanding has now declined in each of the last six quarters, with an average decline of 3.1% over the last eight quarters.
- The high point for year-over-year Shares Outstanding in five years was Q3 2022 (growth of 24.7%); the low point was Q2 2026 (a decline of 7.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 64.67 million (Q1 2026), 66.81 million (Q4 2025) and 65.88 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 2.84 Bn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 445.06 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 5.87 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 335.16 Mn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 331.30 Mn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 84.78 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 738.93 Mn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 718.00 Mn |
| 10 | KKR Real Estate Finance Trust | 374.31 Mn | -74.36 Mn | - | 62.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.46 Mn |
| Mar 31, 2026 | 64.67 Mn |
| Dec 31, 2025 | 66.81 Mn |
| Sep 30, 2025 | 65.88 Mn |
| Jun 30, 2025 | 67.19 Mn |
| Mar 31, 2025 | 68.77 Mn |
| Dec 31, 2024 | 69.40 Mn |
| Sep 30, 2024 | 69.43 Mn |
| Jun 30, 2024 | 69.42 Mn |
| Mar 31, 2024 | 69.39 Mn |
| Dec 31, 2023 | 69.18 Mn |
| Sep 30, 2023 | 69.12 Mn |
| Jun 30, 2023 | 69.12 Mn |
| Mar 31, 2023 | 69.10 Mn |
| Dec 31, 2022 | 67.55 Mn |
| Sep 30, 2022 | 69.38 Mn |
| Jun 30, 2022 | 68.55 Mn |
| Mar 31, 2022 | 63.09 Mn |
| Dec 31, 2021 | 56.57 Mn |
| Sep 30, 2021 | 55.64 Mn |
API Access
KKR Real Estate Finance Trust Shares Outstanding 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=shares-outstanding&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();