KKR Real Estate Finance Trust Inc. (KREF)
NYSE: KREF · Real-Time Price · USD
7.55
-0.05 (-0.66%)
At close: Aug 26, 2026, 4:00 PM EDT
7.55
0.00 (0.00%)
After-hours: Aug 26, 2026, 6:30 PM EDT
KREF Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -184.96 | -47.05 | 35.59 | -30.85 | 38.1 | 137.18 |
Depreciation & Amortization | 3.3 | 2.31 | 0.69 | - | - | - |
Other Amortization | 14.3 | 14.09 | 14.38 | 26.18 | 23.86 | 15.73 |
Loss (Gain) From Sale of Investments | - | -1.19 | 0.62 | - | - | -5.13 |
Provision for Credit Losses | 193.29 | 119.37 | 80.61 | 175.12 | 112.37 | -4.06 |
Loss (Gain) on Equity Investments | 3.77 | 3.47 | 1.53 | 1.77 | -1.31 | -3.15 |
Stock-Based Compensation | 7.37 | 7.93 | 8.26 | 8.08 | 7.84 | 7.43 |
Change in Accounts Payable | -5.1 | -10.37 | -2.28 | 1.73 | 10.33 | 1.87 |
Change in Other Net Operating Assets | 0.66 | 1.81 | 0.16 | 0.09 | 1.14 | -0.31 |
Other Operating Activities | 25.89 | -21.64 | -19.15 | -24.4 | -27.44 | -24.95 |
Operating Cash Flow | 63 | 72.28 | 132.56 | 155.72 | 141.13 | 124.79 |
Operating Cash Flow Growth | -39.70% | -45.47% | -14.87% | 10.34% | 13.09% | 8.46% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Investment in Securities | -72.58 | -42.36 | -2.38 | - | - | - |
Net Decrease (Increase) in Loans Originated / Sold - Investing | 778.58 | 292.62 | 1,128 | 14.06 | -1,175 | -1,542 |
Investing Cash Flow | 667.51 | 264.29 | 1,116 | 13.49 | -1,177 | -1,541 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 2,028 | 601.86 | 811.12 | 3,331 | 4,789 |
Long-Term Debt Repaid | - | -2,228 | -1,771 | -935 | -2,455 | -3,364 |
Net Debt Issued (Repaid) | -612.7 | -199.57 | -1,169 | -123.89 | 876.81 | 1,426 |
Issuance of Preferred Stock | - | - | - | - | 151.17 | 167.07 |
Issuance of Common Stock | - | - | - | - | 194.23 | 120.71 |
Repurchase of Common Stock | -53.73 | -44.75 | -11.9 | -1.98 | -38.44 | -5.58 |
Common Dividends Paid | -64.89 | -66.86 | -81.8 | -118.85 | -115.37 | -95.68 |
Preferred Dividends Paid | -21.3 | -21.3 | -21.3 | -21.3 | -21.54 | -8.27 |
Total Dividends Paid | -86.19 | -88.16 | -103.1 | -140.16 | -136.91 | -103.95 |
Other Financing Activities | -3.49 | -23.3 | -6.38 | -5.49 | -33.99 | -24.84 |
Financing Cash Flow | -756.12 | -355.78 | -1,291 | -271.51 | 1,013 | 1,579 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -25.61 | -19.21 | -41.77 | -102.31 | -23.15 | 162.94 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 63 | 72.28 | 132.56 | 155.72 | 141.13 | 124.79 |
Free Cash Flow Growth | -39.70% | -45.47% | -14.87% | 10.34% | 13.09% | 8.46% |
Free Cash Flow Margin | - | 456.22% | 131.75% | 562.29% | 154.41% | 70.64% |
Free Cash Flow Per Share | 0.97 | 1.08 | 1.91 | 2.25 | 2.09 | 2.20 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 282.72 | 315.92 | 398.81 | 430.28 | 201.01 | 95.26 |
Cash Income Tax Paid | - | - | 0.37 | 0.3 | 0.71 | 0.41 |