KKR Real Estate Finance Trust (KREF) Times Interest Earned (2016 - 2026)
KKR Real Estate Finance Trust's (KREF) quarterly Times Interest Earned came in at 0.74 in Q2 2026, down 218.43% on a YoY basis from 0.63 in Q2 2025, and down 512.65% quarter-over-quarter from 0.18 in Q1 2026.
Analysis
KKR Real Estate Finance Trust (KREF) Times Interest Earned (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has reported Times Interest Earned for 11 consecutive years, with 0.74 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Times Interest Earned fell 218.43% year-over-year to 0.74; the trailing twelve-month figure through Jun 2026 stood at 0.36 (down 61.35% YoY), and the FY2025 full-year result was 0.84, down 22.2% from the prior year.
- Times Interest Earned fell to 0.74 in Q2 2026 per KREF's latest filing, from 0.18 in the prior quarter.
- Across five years, Times Interest Earned topped out at 2.09 in Q1 2022 and bottomed at 0.74 in Q2 2026.
- Historically, Times Interest Earned has averaged 0.89 across 5 years, with a median of 0.93 in 2024.
- The sharpest annual moves came in 2023 and 2026: Times Interest Earned jumped 238.71% in 2023, then slumped 218.43% in 2026.
- Over 5 years, Times Interest Earned stood at 1.22 in 2022, then fell by 26.97% to 0.89 in 2023, then jumped by 37.09% to 1.22 in 2024, then sank by 47.5% to 0.64 in 2025, then plunged by 215.9% to 0.74 in 2026.
- According to Business Quant data, Times Interest Earned over the past three periods registered 0.74, 0.18, and 0.64 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.63 |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 1.06 |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 6.61 |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 1.76 |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 0.65 |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 1.48 |
| 10 | KKR Real Estate Finance Trust | 468.79 Mn | 385.73 Mn | - | -0.74 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.74 |
| Mar 31, 2026 | 0.18 |
| Dec 31, 2025 | 0.64 |
| Sep 30, 2025 | 1.15 |
| Jun 30, 2025 | 0.63 |
| Mar 31, 2025 | 0.93 |
| Dec 31, 2024 | 1.22 |
| Sep 30, 2024 | 0.93 |
| Jun 30, 2024 | 1.24 |
| Mar 31, 2024 | 0.97 |
| Dec 31, 2023 | 0.89 |
| Sep 30, 2023 | 1.23 |
| Jun 30, 2023 | 0.83 |
| Mar 31, 2023 | 0.76 |
| Dec 31, 2022 | 1.22 |
| Sep 30, 2022 | 0.36 |
| Jun 30, 2022 | 1.56 |
| Mar 31, 2022 | 2.09 |
| Dec 31, 2021 | 2.35 |
| Sep 30, 2021 | 2.20 |