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	Feb '26 Feb 18, 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 Capitalization	438	538	703	917	962	1,278
Market Cap Growth	-36.52%	-23.39%	-23.37%	-4.64%	-24.77%	28.26%
PE Ratio	-	-	53.76	-	62.56	10.18
PS Ratio	27.67	33.98	6.98	33.11	10.52	7.24
PB Ratio	0.51	0.44	0.50	0.65	0.61	0.94
P/FCF Ratio	6.06	7.45	5.30	5.89	6.81	10.24
P/OCF Ratio	6.06	7.45	5.30	5.89	6.81	10.24
Debt / Equity Ratio	3.83	3.83	3.50	4.32	3.92	3.89
Debt / FCF Ratio	64.93	64.93	36.95	38.92	43.68	42.43
Net Debt / Equity Ratio	3.76	3.76	3.43	4.22	3.77	3.69
Net Debt / FCF Ratio	63.76	63.76	36.16	38.04	41.98	40.26
Quick Ratio	13.93	13.93	133.11	98.56	131.28	140.99
Current Ratio	14.48	14.48	134.42	100.09	131.49	141.07
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%	11.40%
Return on Assets (ROA)	-0.79%	-0.79%	0.49%	-0.41%	0.52%	2.35%
Return on Invested Capital (ROIC)	-0.85%	-0.83%	0.50%	-0.41%	0.50%	2.28%
Earnings Yield	-15.94%	-8.74%	5.07%	-3.36%	3.96%	10.73%
FCF Yield	16.49%	13.43%	18.87%	16.98%	14.67%	9.76%
Dividend Yield	14.53%	12.16%	11.04%	15.99%	17.45%	12.93%
Payout Ratio	-	-	289.69%	-	359.31%	75.77%
Buyback Yield / Dilution	3.73%	3.73%	-0.31%	-2.41%	-18.97%	-1.29%
Total Shareholder Return	18.39%	15.90%	10.73%	13.58%	-1.52%	11.64%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q