KKR Real Estate Finance Trust
KREF Real Estate Reit Mortgage
KKR Real Estate Finance Trust’s revenue for fiscal 2025 (year ended December 2025) was $135.1 million, down 25.4% from fiscal 2024.
- Revenue
- −21.9%
- EPS
- −111.2%
- Free cash flow
- −194.4%
- Total debt
- −35.0%
Quarter to September 2026, against a year earlier
Follow KREF
Alert me
KKR Real Estate Finance Trust (KREF) EV/Sales
As of 5 November 2026, KKR Real Estate Finance Trust (KREF) trades at a EV/Sales of 28.0×. Over the past ten years it has ranged from 16.9× (August 2017) to 43.5× (December 2019); the current reading is higher than 17% of that period. That is above the Reit Mortgage industry median of 15.7× and above the Real Estate sector median of 7.5×.
EV/Sales, daily
Embed this chart
Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 38.2× | 25.89% |
| FY2024 | 30.3× | (10.06%) |
| FY2023 | 33.7× | 0.40% |
| FY2022 | 33.6× | (3.80%) |
| FY2021 | 34.9× | 6.18% |
| FY2020 | 32.9× | (19.05%) |
| FY2019 | 40.6× | 24.86% |
| FY2018 | 32.5× | 46.64% |
| FY2017 | 22.2× | 16.04% |
| FY2016 | 19.1× | 0.00% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Sep 2026 | 28.3× | (27.32%) |
| Jun 2026 | 39.0× | 10.11% |
| Mar 2026 | 35.4× | (7.31%) |
| Dec 2025 | 38.2× | 7.63% |
| 39 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| ARI Apollo Commercial Real Estate Finance compare | 1.3× |
| REFI Chicago Atlantic Real Estate Finance, Inc. compare | 3.3× |
| ABR Arbor Realty Trust compare | 4.3× |
| NREF NexPoint Real Estate Finance, Inc. compare | 8.4× |
| BRSP BrightSpire Capital, Inc. compare | 13.3× |
| FBRT Franklin BSP Realty Trust, Inc. compare | 14.8× |
| CMTG Claros Mortgage Trust, Inc. compare | 15.3× |
| RWT Redwood Trust, Inc. compare | 27.3× |
| KREF KKR Real Estate Finance Trust | 28.0× |
| Reit Mortgage industry median | 15.7× |
| Real Estate sector median | 7.5× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)