KKR Real Estate Finance Trust (KREF) Tax Rate (2016 - 2025)
KKR Real Estate Finance Trust (KREF) posted Tax Rate of 0.58% for Q4 2025, up 150.78% on a QoQ basis from 0.23% in Q4 2024, and up 35.0% year-over-year from 0.43% in Q4 2024.
KKR Real Estate Finance Trust (KREF) Tax Rate (2016 - 2025) Analysis & Trends
KKR Real Estate Finance Trust's Tax Rate history runs 10 years deep, the most recent figure standing at 0.58% for Q4 2025.
- Quarterly Tax Rate rose 35.0% year-over-year to 0.58% in Q4 2025, while the trailing twelve-month figure through Jun 2026 was 0.08% (up 65.0% YoY) and the FY2025 annual result came in at 0.39%, down 18.0% from the prior year.
- Tax Rate was 0.58% for Q4 2025 at KKR Real Estate Finance Trust, up from 0.23% in the prior quarter.
- Across five years, Tax Rate topped out at 1.05% in Q4 2021 and bottomed at 1.54% in Q4 2023.
- A 5-year average of 0.13% and a median of 0.25% in 2024 frame the typical range for Tax Rate.
- Peak annual rise in Tax Rate reached 177 bps in 2024, while the deepest fall reached 187 bps in 2024.
- KKR Real Estate Finance Trust's Tax Rate stood at 1.05% in 2021, then slumped by 73 bps to 0.29% in 2022, then slumped by 636 bps to 1.54% in 2023, then jumped by 115 bps to 0.23% in 2024, then soared by 151 bps to 0.58% in 2025.
- Business Quant data shows KREF's Tax Rate at 0.58% in Q4 2025, 0.23% in Q4 2024, and 1.26% in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | -0.53% |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | -7.38% |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 29.02% |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | -22.35% |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 1.10% |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 11.28% |
| 10 | KKR Real Estate Finance Trust | 446.61 Mn | 422.08 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.58% |
| Dec 31, 2025 | 0.58% |
| Dec 31, 2025 | 0.58% |
| Dec 31, 2024 | 0.23% |
| Dec 31, 2024 | 0.23% |
| Dec 31, 2024 | 0.23% |
| Sep 30, 2024 | -1.26% |
| Sep 30, 2024 | -1.26% |
| Sep 30, 2024 | -1.26% |
| Jun 30, 2024 | 0.28% |
| Jun 30, 2024 | 0.28% |
| Jun 30, 2024 | 0.28% |
| Mar 31, 2024 | -1.21% |
| Mar 31, 2024 | -1.21% |
| Mar 31, 2024 | -1.21% |
| Dec 31, 2023 | -1.54% |
| Dec 31, 2023 | -1.54% |
| Dec 31, 2023 | -1.54% |
| Sep 30, 2023 | 0.61% |
| Sep 30, 2023 | 0.61% |