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. In the quarter to June 2026, revenue fell 41.6%, EPS fell 267.9%, free cash flow fell 137.9% and total debt fell 12.5%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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KKR Real Estate Finance Trust (KREF) P/E ratio
KKR Real Estate Finance Trust has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 67.5× (March 2025) — the current reading is the lowest in ten years.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 56.1× | — |
| FY2023 | 0.0× | — |
| FY2022 | 54.7× | 480.27% |
| FY2021 | 9.4× | (47.93%) |
| FY2020 | 18.1× | 39.17% |
| FY2019 | 13.0× | 7.99% |
| FY2018 | 12.0× | (19.71%) |
| FY2017 | 15.0× | 34.66% |
| FY2016 | 11.1× | 0.00% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 38 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| KREF KKR Real Estate Finance Trust | n/m |
| BRSP BrightSpire Capital, Inc. compare | n/m |
| RWT Redwood Trust, Inc. compare | n/m |
| IVR INVESCO MORTGAGE CAPITAL INC compare | 3.7× |
| NREF NexPoint Real Estate Finance, Inc. compare | 6.5× |
| REFI Chicago Atlantic Real Estate Finance, Inc. compare | 6.7× |
| TRTX TPG RE Finance Trust, Inc. compare | 10.7× |
| FBRT Franklin BSP Realty Trust, Inc. compare | 14.1× |
| ABR Arbor Realty Trust compare | 38.6× |
| Reit Mortgage industry median | 7.1× |
| Real Estate sector median | 21.6× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)