KKR Real Estate Finance Trust Return on Equity (ROE) Growth & History (KREF)
KKR Real Estate Finance Trust's return on equity was −3.74% for fiscal 2025.
View full KKR Real Estate Finance Trust company overviewKKR Real Estate Finance Trust annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −3.74% | −6.33 pp |
| 2024 | 2024-12-31 | 2.59% | +4.66 pp |
| 2023 | 2023-12-31 | −2.07% | −4.67 pp |
| 2022 | 2022-12-31 | 2.60% | −8.81 pp |
| 2021 | 2021-12-31 | 11.41% | +6.38 pp |
| 2020 | 2020-12-31 | 5.02% | −2.96 pp |
| 2019 | 2019-12-31 | 7.98% | −0.21 pp |
| 2018 | 2018-12-31 | 8.19% | +0.60 pp |
| 2017 | 2017-12-31 | 7.59% | — |
KKR Real Estate Finance Trust quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −11.48% | −9.15 pp |
| Q1 2026 | 2026-03-31 | −4.95% | −4.58 pp |
| Q4 2025 | 2025-12-31 | −2.18% | −3.68 pp |
| Q3 2025 | 2025-09-30 | 1.12% | +1.65 pp |
| Q2 2025 | 2025-06-30 | −2.33% | −4.20 pp |
| Q1 2025 | 2025-03-31 | −0.37% | −0.14 pp |
| Q4 2024 | 2024-12-31 | 1.50% | +2.40 pp |
| Q3 2024 | 2024-09-30 | −0.54% | −2.40 pp |
| Q2 2024 | 2024-06-30 | 1.87% | +3.21 pp |
| Q1 2024 | 2024-03-31 | −0.22% | +1.40 pp |
| Q4 2023 | 2023-12-31 | −0.90% | −2.19 pp |
| Q3 2023 | 2023-09-30 | 1.86% | +4.48 pp |
| Q2 2023 | 2023-06-30 | −1.35% | −2.85 pp |
| Q1 2023 | 2023-03-31 | −1.63% | −3.98 pp |
| Q4 2022 | 2022-12-31 | 1.28% | −1.82 pp |
| Q3 2022 | 2022-09-30 | −2.61% | −5.51 pp |
| Q2 2022 | 2022-06-30 | 1.51% | −1.22 pp |
| Q1 2022 | 2022-03-31 | 2.36% | −0.52 pp |
| Q4 2021 | 2021-12-31 | 3.11% | +0.34 pp |
| Q3 2021 | 2021-09-30 | 2.90% | −0.11 pp |
| Q2 2021 | 2021-06-30 | 2.73% | −0.08 pp |
| Q1 2021 | 2021-03-31 | 2.87% | +6.09 pp |
| Q4 2020 | 2020-12-31 | 2.77% | +0.59 pp |
| Q3 2020 | 2020-09-30 | 3.01% | +0.89 pp |
| Q2 2020 | 2020-06-30 | 2.81% | +1.27 pp |
| Q1 2020 | 2020-03-31 | −3.21% | −5.36 pp |
| Q4 2019 | 2019-12-31 | 2.18% | +0.30 pp |
| Q3 2019 | 2019-09-30 | 2.13% | +0.22 pp |
| Q2 2019 | 2019-06-30 | 1.54% | −0.74 pp |
| Q1 2019 | 2019-03-31 | 2.14% | −0.07 pp |
| Q4 2018 | 2018-12-31 | 1.88% | +0.27 pp |
| Q3 2018 | 2018-09-30 | 1.91% | +0.27 pp |
| Q2 2018 | 2018-06-30 | 2.28% | +0.63 pp |
| Q1 2018 | 2018-03-31 | 2.22% | +0.40 pp |
| Q4 2017 | 2017-12-31 | 1.61% | — |
| Q3 2017 | 2017-09-30 | 1.64% | — |
| Q2 2017 | 2017-06-30 | 1.65% | — |
| Q1 2017 | 2017-03-31 | 1.81% | — |
KKR Real Estate Finance Trust return on equity trends
Over the last five fiscal years, KKR Real Estate Finance Trust's return on equity decreased from 5.02% to −3.74%, a change of −8.76 percentage points. The latest reported quarter, Q2 2026, shows −11.48%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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