KKR Real Estate Finance Trust Inc. (KREF) quarterly balance sheet — complete assets, liabilities & equity history
KKR Real Estate Finance Trust Inc. (KREF) balance sheet — 12-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Assets | 6.56B | 6.95B | 6.46B | 6.48B | 6.76B | 6.55B | 6.35B | 6.77B | 7.06B | 7.26B | 7.55B | 7.63B | 7.61B | 7.88B | 7.8B | 7.54B | 7.71B | 7.15B | 6.7B | 5.75B |
| Asset Growth % | -2.9% | 6.04% | 1.8% | -4.27% | -4.37% | -9.68% | -15.86% | -11.17% | -7.17% | -7.86% | -3.26% | 1.12% | -1.35% | 10.16% | 16.4% | 31.07% | 39.65% | 35.59% | 34.99% | 9.97% |
| Real Estate & Other Assets | 4.91B | 5.33B | 5.66B | 6.12B | 6.49B | 6.3B | 6.1B | 6.5B | 6.74B | 7.06B | 7.32B | 7.4B | 7.31B | 7.53B | 7.48B | 7.28B | 7.53B | 6.92B | 6.38B | 5.4B |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 83.06M | 168.64M | 109.82M | 232.24M | 136.2M | 134.38M | 133.69M | 141.08M | 143.6M | 147.12M | 176.9M | 147.97M | 247.21M | 294.61M | 278.8M | 213.91M | 141.12M | 192.27M | 286.73M | 321.65M |
| Cash & Equivalents | 83.06M | 135.44M | 84.62M | 204.09M | 107.72M | 106.41M | 104.93M | 108.8M | 107.15M | 106.52M | 135.9M | 108.04M | 207.7M | 254.1M | 239.79M | 183.34M | 118.02M | 173.18M | 271.49M | 307.73M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | -27.86M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 5.57B | 5.8B | 5.24B | 5.2B | 5.46B | 5.19B | 4.95B | 5.36B | 5.62B | 5.88B | 6.14B | 6.17B | 6.15B | 6.36B | 6.23B | 5.95B | 6.04B | 5.5B | 5.34B | 4.52B |
| Total Debt | 4.31B | 4.5B | 4.69B | 5.15B | 5.41B | 5.14B | 4.9B | 5.29B | 5.56B | 5.8B | 6.06B | 6.1B | 6.08B | 6.29B | 6.16B | 5.88B | 5.98B | 5.45B | 5.29B | 4.48B |
| Net Debt | 4.23B | 4.36B | 4.61B | 4.95B | 5.3B | 5.03B | 4.79B | 5.18B | 5.45B | 5.69B | 5.92B | 6B | 5.88B | 6.04B | 5.92B | 5.7B | 5.86B | 5.27B | 5.02B | 4.17B |
| Long-Term Debt | 3.28B | 3.7B | 4.35B | 5.13B | 5.38B | 4.97B | 4.55B | 5.03B | 5.3B | 5.65B | 4.26B | 5.98B | 5.82B | 5.71B | 5.66B | 5.61B | 5.52B | 4.85B | 3.69B | 3.93B |
| Short-Term Borrowings | 1.03B | 798.95M | 344.46M | 22.27M | 30.73M | 168.66M | 348.51M | 265.01M | 265.01M | 149.79M | 1.8B | 122.8M | 258.84M | 585.82M | 505.95M | 269.78M | 456.92M | 590.72M | 1.61B | 543.18M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 1.03B | 798.95M | 344.46M | 22.27M | 30.73M | 168.66M | 348.51M | 265.01M | 265.01M | 149.79M | 1.8B | 122.8M | 258.84M | 585.82M | 505.95M | 269.78M | 456.92M | 590.72M | 1.61B | 543.18M |
| Accounts Payable | 11.28M | 14.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 1.25B | 1.3B | 545.9M | 51.4M | 50.32M | 49.88M | 52.89M | 69.78M | 63.1M | 77.26M | 83.52M | 67.95M | 65.94M | 69.98M | 66.54M | 62.98M | 55.83M | 55.03M | 46.69M | 40.03M |
| Total Equity | 990.3M | 1.15B | 1.23B | 1.28B | 1.29B | 1.36B | 1.4B | 1.41B | 1.44B | 1.38B | 1.4B | 1.45B | 1.46B | 1.51B | 1.57B | 1.6B | 1.68B | 1.65B | 1.36B | 1.24B |
| Equity Growth % | -23.42% | -15.45% | -12.42% | -9.16% | -10.15% | -1.2% | -0.38% | -2.88% | -1.4% | -8.79% | -10.64% | -8.9% | -12.93% | -8.28% | 15.41% | 28.94% | 36.65% | 56.61% | 30.24% | 18.84% |
| Shareholders Equity | 931.77M | 1.1B | 1.17B | 1.23B | 1.24B | 1.31B | 1.35B | 1.36B | 1.39B | 1.38B | 1.4B | 1.45B | 1.46B | 1.51B | 1.57B | 1.6B | 1.68B | 1.65B | 1.36B | 1.24B |
| Minority Interest | 58.53M | 57.24M | 52.65M | 52.35M | 53.09M | 53.73M | 53.85M | 53.41M | 53.12M | -906K | -585K | -427K | -120K | -24K | -102K | -43K | 119K | 185K | 147K | 0 |
| Common Stock | 609K | 643K | 644K | 652K | 657K | 678K | 686K | 693K | 693K | 693K | 693K | 691K | 691K | 691K | 691K | 694K | 697K | 679K | 613K | 556K |
| Additional Paid-in Capital | 1.66B | 1.35B | 1.36B | 1.36B | 1.37B | 1.38B | 1.39B | 1.41B | 1.4B | 1.49B | 1.49B | 1.49B | 1.49B | 1.48B | 1.48B | 1.48B | 1.48B | 1.42B | 1.29B | 1.17B |
| Retained Earnings | -711.73M | -584.08M | -506.13M | -458.05M | -449.82M | -397.98M | -370.47M | -367.87M | -337.55M | -340.44M | -314.37M | -265.83M | -257.51M | -202.02M | -141.5M | -126.39M | -48.16M | -37.62M | -38.21M | -47.02M |
| Preferred Stock | 131K | 327.75M | 327.75M | 327.75M | 318.23M | 327.75M | 327.75M | 318.23M | 327.75M | 327.75M | 327.75M | 327.75M | 327.75M | 327.75M | 327.75M | 327.75M | 327.75M | 327.75M | 172.5M | 175.09M |
| Return on Assets (ROA) | -1.72% | -0.84% | -0.41% | 0.21% | -0.45% | -0.08% | 0.31% | -0.11% | 0.36% | -0.04% | -0.17% | 0.36% | -0.26% | -0.32% | 0.27% | -0.56% | 0.34% | 0.51% | 0.65% | 0.63% |
| Return on Equity (ROE) | -10.86% | -4.72% | -2.09% | 1.07% | -2.24% | -0.35% | 1.44% | -0.52% | 1.83% | -0.22% | -0.9% | 1.86% | -1.35% | -1.63% | 1.28% | -2.61% | 1.51% | 2.36% | 3.1% | 2.9% |
| Debt / Assets | 65.78% | 64.73% | 72.6% | 79.44% | 80.11% | 78.44% | 77.14% | 78.13% | 78.73% | 79.92% | 80.29% | 80.05% | 79.95% | 79.9% | 79.01% | 78.01% | 77.54% | 76.16% | 78.99% | 77.8% |
| Debt / Equity | 4.36x | 3.90x | 3.83x | 4.02x | 4.19x | 3.77x | 3.50x | 3.75x | 3.86x | 4.20x | 4.32x | 4.20x | 4.17x | 4.16x | 3.92x | 3.69x | 3.57x | 3.30x | 3.89x | 3.62x |
| Net Debt / EBITDA | - | 238.99x | 96.53x | 51.38x | 100.77x | 64.91x | 44.11x | 53.87x | 40.58x | 52.19x | 56.09x | 41.18x | 61.38x | 74.65x | 53.02x | 233.62x | 84.09x | 77.67x | 70.72x | 63.54x |
| Book Value per Share | 15.85 | 17.83 | 18.72 | 19.46 | 19.25 | 19.83 | 20.16 | 20.33 | 20.73 | 19.89 | 20.24 | 21.02 | 21.12 | 21.90 | 22.74 | 22.99 | 24.46 | 23.77 | 22.90 | 22.09 |