KKR Real Estate Finance Trust (KREF) Total Liabilities (2016 - 2026)
KKR Real Estate Finance Trust's (KREF) quarterly Total Liabilities came in at $5.6 billion in Q2 2026, up 1.96% YoY from $5.5 billion in Q2 2025, and down 3.94% on a QoQ basis from $5.8 billion in Q1 2026.
KKR Real Estate Finance Trust (KREF) Total Liabilities (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has 11 years of Total Liabilities data on file, last reported at $5.6 billion in Q2 2026.
- Quarterly Total Liabilities rose 1.96% year-over-year to $5.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $5.6 billion (up 1.96% YoY) and the FY2025 annual result came in at $5.2 billion, up 5.81% from the prior year.
- Total Liabilities slipped to $5.6 billion in Q2 2026, from $5.8 billion in the prior quarter.
- In the past five years, Total Liabilities ranged from a high of $6.4 billion in Q1 2023 to a low of $5.0 billion in Q4 2024.
- A 5-year average of $5.7 billion and a median of $5.7 billion in 2024 frame the typical range for Total Liabilities.
- Annual changes were most pronounced in 2022 — Total Liabilities surged 40.51% — and 2024, when it decreased 19.4%.
- Tracing KREF's Total Liabilities over 5 years: stood at $6.2 billion in 2022, then dropped by 1.4% to $6.1 billion in 2023, then dropped by 19.4% to $5.0 billion in 2024, then advanced by 5.81% to $5.2 billion in 2025, then grew by 6.29% to $5.6 billion in 2026.
- The last three Total Liabilities figures came in at $5.6 billion (Q2 2026), $5.8 billion (Q1 2026), and $5.2 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 126.76 Bn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 109.22 Bn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 53.86 Bn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 44.66 Bn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 23.24 Bn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 16.14 Bn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 20.17 Bn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 19.03 Bn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 11.66 Bn |
| 10 | KKR Real Estate Finance Trust | 456.61 Mn | 373.55 Mn | - | 5.57 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.57 Bn |
| Mar 31, 2026 | 5.80 Bn |
| Dec 31, 2025 | 5.24 Bn |
| Sep 30, 2025 | 5.20 Bn |
| Jun 30, 2025 | 5.46 Bn |
| Mar 31, 2025 | 5.19 Bn |
| Dec 31, 2024 | 4.95 Bn |
| Sep 30, 2024 | 5.36 Bn |
| Jun 30, 2024 | 5.62 Bn |
| Mar 31, 2024 | 5.88 Bn |
| Dec 31, 2023 | 6.14 Bn |
| Sep 30, 2023 | 6.17 Bn |
| Jun 30, 2023 | 6.15 Bn |
| Mar 31, 2023 | 6.36 Bn |
| Dec 31, 2022 | 6.23 Bn |
| Sep 30, 2022 | 5.95 Bn |
| Jun 30, 2022 | 6.04 Bn |
| Mar 31, 2022 | 5.50 Bn |
| Dec 31, 2021 | 5.34 Bn |
| Sep 30, 2021 | 4.52 Bn |