KKR Real Estate Finance Trust (KREF) Total Non-Current Liabilities (2022 - 2026)
KKR Real Estate Finance Trust (KREF) reported Total Non-Current Liabilities of $5.54 billion for Q2 2026, up 1.7% from $5.45 billion a year earlier but down 3.7% from the prior quarter.
KKR Real Estate Finance Trust (KREF) Total Non-Current Liabilities (2022 - 2026) Analysis & Trends
At the end of FY2025, KKR Real Estate Finance Trust posted Total Non-Current Liabilities of $5.2 billion, up 5.2% from FY2024.
- Total Non-Current Liabilities has a three-year compound annual growth rate of -5.8% (FY2022 to FY2025).
- By year, Total Non-Current Liabilities came in at $4.94 billion in FY2024 (-19.3%), $6.13 billion in FY2023 (-1.5%) and $6.22 billion in FY2022.
- Five-year quarterly Total Non-Current Liabilities spans a low of $4.94 billion in Q4 2024 and a high of $6.35 billion in Q1 2023.
- Year over year, Total Non-Current Liabilities has now increased in each of the last three quarters, with an average decline of 4.0% over the last eight quarters.
- The high point for year-over-year Total Non-Current Liabilities in five years was Q1 2026 (growth of 11.1%); the low point was Q4 2024 (a decline of 19.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.76 billion (Q1 2026), $5.2 billion (Q4 2025) and $5.19 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 77.86 Bn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 9.32 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 4,200.68 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 10.25 Bn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 105.01 Bn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 1.76 Bn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 126.51 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 16.51 Bn |
| 10 | KKR Real Estate Finance Trust | 374.31 Mn | -74.36 Mn | - | 5.54 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.54 Bn |
| Mar 31, 2026 | 5.76 Bn |
| Dec 31, 2025 | 5.20 Bn |
| Sep 30, 2025 | 5.19 Bn |
| Jun 30, 2025 | 5.45 Bn |
| Mar 31, 2025 | 5.18 Bn |
| Dec 31, 2024 | 4.94 Bn |
| Sep 30, 2024 | 5.34 Bn |
| Jun 30, 2024 | 5.61 Bn |
| Mar 31, 2024 | 5.86 Bn |
| Dec 31, 2023 | 6.13 Bn |
| Sep 30, 2023 | 6.16 Bn |
| Jun 30, 2023 | 6.14 Bn |
| Mar 31, 2023 | 6.35 Bn |
| Dec 31, 2022 | 6.22 Bn |
KKR Real Estate Finance Trust Total Non-Current 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-non-current-liabilities&ticker=KREF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-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-non-current-liabilities&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();