KKR Real Estate Finance Trust (KREF) Tax Rate (2016 - 2025)
KKR Real Estate Finance Trust (KREF) reported Tax Rate of 0.58% for Q4 2025, up 35.0% on a YoY basis from 0.43% in Q4 2024, and up 150.78% quarter-over-quarter from 0.23% in Q4 2024.
KKR Real Estate Finance Trust (KREF) Tax Rate (2016 - 2025) Analysis & Trends
KKR Real Estate Finance Trust has reported Tax Rate for 10 years, with the latest figure at 0.58% in Q4 2025.
- For the quarter ending Q4 2025, Tax Rate rose 35.0% year-over-year to 0.58%; the trailing twelve-month figure through Mar 2026 stood at 0.15% (down 49.0% YoY), and the FY2025 full-year result was 0.31%, down 41.0% from the prior year.
- Tax Rate for Q4 2025 stood at 0.58%, up from 0.23% in the prior quarter.
- The five-year high for Tax Rate was 1.05% in Q4 2021, with the low at 1.54% in Q4 2023.
- Historically, Tax Rate has averaged 0.13% across 5 years, with a median of 0.25% in 2024.
- The largest YoY upside for Tax Rate was 177 bps in 2024 against a maximum downside of 187 bps in 2024.
- KKR Real Estate Finance Trust's Tax Rate stood at 1.05% in 2021, then plunged by 73 bps to 0.29% in 2022, then plunged by 636 bps to 1.54% in 2023, then surged by 115 bps to 0.23% in 2024, then jumped by 151 bps to 0.58% in 2025.
- The last three Tax Rate figures came in at 0.58% (Q4 2025), 0.23% (Q4 2024), and 1.26% (Q3 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | -0.53% |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | -7.38% |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 29.02% |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | -22.35% |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 1.06% |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 11.28% |
| 10 | KKR Real Estate Finance Trust | 447.54 Mn | 369.35 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.58% |
| Dec 31, 2025 | 0.58% |
| Dec 31, 2024 | 0.23% |
| Dec 31, 2024 | 0.23% |
| Sep 30, 2024 | -1.26% |
| Sep 30, 2024 | -1.26% |
| Jun 30, 2024 | 0.28% |
| Jun 30, 2024 | 0.28% |
| Mar 31, 2024 | -1.21% |
| Mar 31, 2024 | -1.21% |
| Dec 31, 2023 | -1.54% |
| Dec 31, 2023 | -1.54% |
| Sep 30, 2023 | 0.61% |
| Sep 30, 2023 | 0.61% |
| Jun 30, 2023 | -0.89% |
| Jun 30, 2023 | -0.89% |
| Mar 31, 2023 | -0.67% |
| Mar 31, 2023 | -0.67% |
| Dec 31, 2022 | 0.29% |
| Dec 31, 2022 | 0.29% |