KREF Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 10, 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
Market Cap	451	529	694	917	965	1,278
Market Cap Growth	-40.73%	-23.76%	-24.32%	-4.93%	-24.55%	28.26%
Enterprise Value	5,060	5,275	5,647	6,976	7,129	6,574
Last Close Price	7.02	8.22	10.10	13.23	13.96	20.83
PE Ratio	-	-7.83	53.16	-16.96	60.70	9.43
Forward PE	11.07	12.74	12.83	11.27	6.95	18.01
PEG Ratio	-	1.55	1.55	1.55	1.39	3.60
PS Ratio	28.48	28.91	6.90	33.11	10.41	7.03
PB Ratio	0.53	0.45	0.52	0.65	0.61	0.94
P/TBV Ratio	0.40	0.47	0.52	0.65	0.60	0.87
P/FCF Ratio	6.24	9.44	5.59	5.96	6.92	10.24
P/OCF Ratio	6.24	7.32	5.24	5.89	6.83	10.24
EV/Sales Ratio	319.37	288.29	56.12	251.92	76.91	36.17
EV/EBITDA Ratio	-	2025.89	5744.27	-	-	-
EV/FCF Ratio	70.00	94.12	45.50	45.34	51.12	52.68
Debt / Equity Ratio	3.83	3.83	3.50	4.32	3.92	3.89
Debt / EBITDA Ratio	1802.43	1802.43	4983.35	-	-	-
Debt / FCF Ratio	83.74	83.74	39.48	39.39	44.20	42.43
Net Debt / Equity Ratio	4.00	4.00	3.64	4.31	3.92	3.89
Net Debt / EBITDA Ratio	1802.43	1802.43	4983.35	-	-	-
Net Debt / FCF Ratio	83.74	83.74	39.48	39.39	44.20	42.43
Asset Turnover	0.00	0.00	0.01	0.00	0.01	0.03
Return on Equity (ROE)	-3.85%	-3.85%	2.45%	-2.13%	2.56%	11.41%
Earnings Yield	-15.49%	-12.77%	1.88%	-5.90%	1.65%	10.61%
FCF Yield	16.02%	10.59%	17.88%	16.78%	14.46%	9.76%
Dividend Yield	14.24%	12.22%	11.69%	12.99%	12.23%	8.12%
Payout Ratio	-	-95.67%	625.81%	-220.43%	750.54%	76.16%
Buyback Yield / Dilution	8.46%	8.46%	1.71%	0.22%	-16.15%	-9.01%
Total Shareholder Return	22.70%	20.68%	13.40%	13.21%	-3.92%	-0.89%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q