KKR Real Estate Finance Trust (KREF) Total Liabilities (2016 - 2026)
KKR Real Estate Finance Trust (KREF) reported Total Liabilities of $4.22 billion for Q3 2026, down 18.9% from $5.2 billion a year earlier and down 24.2% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) Total Liabilities (2016 - 2026) Analysis & Trends
At the end of FY2025, KKR Real Estate Finance Trust posted Total Liabilities of $5.24 billion, up 5.8% from FY2024.
- Total Liabilities has a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- By year, Total Liabilities came in at $4.95 billion in FY2024 (-19.4%), $6.14 billion in FY2023 (-1.4%), $6.23 billion in FY2022 (+16.6%) and $5.34 billion in FY2021 (+36.2%).
- The Q3 2026 figure ranks as the lowest quarterly Total Liabilities since Q4 2020.
- Year over year, Total Liabilities gained in three of the last eight quarters, with an average decline of 4.6%.
- The high point for year-over-year Total Liabilities in five years was Q2 2022 (growth of 40.4%); the low point was Q4 2024 (a decline of 19.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $5.57 billion (Q2 2026), $5.8 billion (Q1 2026) and $5.24 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 9.67 Bn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 35.84 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 66.29 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 4,198.25 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 105.92 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 10.73 Bn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 1.59 Bn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 16.65 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 130.25 Bn |
| 10 | KKR Real Estate Finance Trust | 308.52 Mn | -98.81 Mn | - | 4.22 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.22 Bn |
| 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 |
API Access
KKR Real Estate Finance Trust Total Liabilities 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=total-liabilities&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();