KKR Real Estate Finance Trust (KREF) Total Non-Current Liabilities (2016 - 2026)
KKR Real Estate Finance Trust's (KREF) quarterly Total Non-Current Liabilities came in at $5.6 billion in Q2 2026, up 1.86% 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 Non-Current Liabilities (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has 9 years of Total Non-Current Liabilities data on file, last reported at $5.6 billion in Q2 2026.
- Quarterly Total Non-Current Liabilities rose 1.86% year-over-year to $5.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $5.6 billion (up 1.86% YoY) and the FY2025 annual result came in at $5.2 billion, up 5.7% from the prior year.
- Total Non-Current Liabilities eased to $5.6 billion in Q2 2026, from $5.8 billion in the prior quarter.
- In the past five years, Total Non-Current 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 $5.6 billion in 2024 frame the typical range for Total Non-Current Liabilities.
- Annual changes were most pronounced in 2024 — Total Non-Current Liabilities declined 19.29% — and 2026, when it rose 11.55%.
- Tracing KREF's Total Non-Current Liabilities over 5 years: stood at $6.2 billion in 2022, then decreased by 1.55% to $6.1 billion in 2023, then decreased by 19.29% to $5.0 billion in 2024, then climbed by 5.7% to $5.2 billion in 2025, then increased by 6.28% to $5.6 billion in 2026.
- The last three Total Non-Current 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 126.51 Bn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 108.59 Bn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 53.77 Bn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 35.92 Bn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 23.23 Bn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 15.77 Bn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 20.09 Bn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 18.95 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 | - | 5.56 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.56 Bn |
| Mar 31, 2026 | 5.79 Bn |
| Dec 31, 2025 | 5.23 Bn |
| Sep 30, 2025 | 5.19 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 | 5.86 Bn |
| Dec 31, 2023 | 6.13 Bn |
| Sep 30, 2023 | 6.17 Bn |
| Jun 30, 2023 | 6.15 Bn |
| Mar 31, 2023 | 6.35 Bn |
| Dec 31, 2022 | 6.23 Bn |
| Dec 31, 2019 | 3.12 Bn |
| Sep 30, 2019 | 3.28 Bn |
| Jun 30, 2019 | 3.12 Bn |
| Mar 31, 2019 | 159.43 Mn |
| Dec 31, 2018 | 155.43 Mn |