KREF - KKR Real Estate Finance Trust Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$7.00
DETAILS
HIGH:
$7.00
LOW:
$7.00
MEDIAN:
$7.00
CONSENSUS:
$7.00
UPSIDE:
8.02%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Revenue | 458.0 | 592.6 | 660.2 | 436.5 | 285.8 | 269.9 | 275.8 | 198.0 | 84.1 | 33.2 | 14.0 | 0.7 |
| Cost of Revenue | 53.6 | 49.6 | 39.9 | 37.4 | 29.7 | 23.8 | 20.4 | 21.1 | 13.5 | 6.3 | 2.8 | 0 |
| Gross Profit | 404.4 | 543.0 | 620.3 | 399.1 | 256.1 | 246.2 | 255.4 | 176.9 | 70.6 | 26.9 | 11.2 | 0.7 |
| Operating Expenses | ||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 40.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.9 |
| Other Expenses | 92.0 | 97.0 | 193.9 | 130.0 | 10.2 | 64.6 | 10.5 | 5.2 | 10.3 | (5.8) | (6.3) | 0 |
| Operating Expenses | 132.8 | 97.0 | 193.9 | 130.0 | 10.2 | 64.6 | 10.5 | 5.2 | 10.3 | (5.8) | (6.3) | 2.9 |
| Operating Income | ||||||||||||
| Operating Income | 271.6 | 446.0 | 426.4 | 269.1 | 245.9 | 181.6 | 244.8 | 171.7 | 60.3 | 32.6 | 17.6 | (2.2) |
| Interest Expense | 323.0 | 412.9 | 458.8 | 236.1 | 114.4 | 127.3 | 158.9 | 85.0 | 21.2 | 7.4 | 0.6 | 0 |
| Interest Income | 435.6 | 564.6 | 640.4 | 422.0 | 279.9 | 269.2 | 276 | 183.6 | 83.1 | 32.7 | 12.5 | 0 |
| Profitability | ||||||||||||
| EBITDA | 274.9 | 448.5 | 427.9 | 273.7 | 252.3 | 182.1 | 249.4 | 174.8 | 82.4 | 40.1 | 18.1 | 0.1 |
| EBIT | 272.3 | 447.5 | 427.9 | 273.7 | 252.3 | 182.1 | 249.4 | 174.8 | 82.4 | 40.1 | 18.1 | (4.4) |
| Income Before Tax | (50.6) | 34.6 | (30.9) | 37.7 | 137.9 | 54.8 | 90.5 | 89.7 | 61.2 | 32.6 | 17.6 | (2.2) |
| Income Tax Expense | (0.2) | 0.2 | 0.7 | 0.1 | 0.7 | 0.4 | 0.6 | (0.1) | 1.1 | 0.4 | 0.4 | 0 |
| Net Income | (47.1) | 35.6 | (30.9) | 38.1 | 137.2 | 54.4 | 90.0 | 89.7 | 59.1 | 31.2 | 16.8 | (2.1) |
| Per Share Data | ||||||||||||
| EPS (Basic) | -1.05 | 0.19 | -0.78 | 0.23 | 2.22 | 0.96 | 1.58 | 1.63 | 1.30 | 0.60 | 0.32 | -6.54 |
| EPS (Diluted) | -1.05 | 0.19 | -0.78 | 0.23 | 2.21 | 0.96 | 1.57 | 1.63 | 1.30 | 0.60 | 0.32 | -6.54 |
| Shares Outstanding | 66.8 | 69.4 | 69.2 | 67.6 | 56.6 | 56.0 | 57.4 | 55.1 | 45.3 | 52.2 | 52.2 | 0.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 84.6 | 104.9 | 135.9 | 239.8 | 271.5 | 110.8 | 67.6 | 86.5 | 103.5 | 96.3 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 25.2 | 28.8 | 41.0 | 39.0 | 15.2 | 15.4 | 16.3 | 16.2 | 13.0 | 3.9 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 109.8 | 133.7 | 176.9 | 278.8 | 286.7 | 126.2 | 83.9 | 102.7 | 116.5 | 100.2 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 697.2 | 119.1 | 47.6 | 47.8 | 38.6 | 33.7 | 37.5 | 1,125.0 | 5,387.2 | 5,462.5 |
| Other Non-Current Assets | 5,657.6 | 6,097.6 | 7,323.1 | 7,475.7 | 6,377.9 | 4,805.7 | 4,935.6 | 4,004.1 | 1,891.1 | 702.7 |
| Total Non-Current Assets | 6,354.8 | 6,216.7 | 7,370.7 | 7,523.5 | 6,416.5 | 4,839.4 | 4,973.1 | 5,129.1 | 7,278.4 | 6,165.2 |
| Total Assets | 6,464.6 | 6,350.4 | 7,547.6 | 7,802.3 | 6,703.2 | 4,965.6 | 5,057.0 | 5,231.8 | 7,394.9 | 6,265.4 |
| Current Liabilities | ||||||||||
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 344.5 | 348.5 | 1,798.0 | 505.9 | 1,608.2 | 895.7 | 777.7 | 360.7 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 344.5 | 348.5 | 1,798.0 | 505.9 | 1,608.2 | 895.7 | 777.7 | 360.7 | 0 | 0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 4,349.1 | 4,550.1 | 4,261.9 | 5,658.4 | 3,686.8 | 2,917.5 | 3,049.6 | 3,608.7 | 6,221.7 | 5,752.7 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 545.9 | 52.9 | 83.5 | 66.5 | 46.7 | 107.0 | 106.0 | 127.3 | 110.0 | 4.6 |
| Total Non-Current Liabilities | 4,895.0 | 4,603.0 | 4,345.4 | 5,724.9 | 3,733.5 | 3,024.5 | 3,155.6 | 3,736.0 | 6,331.7 | 5,757.3 |
| Total Liabilities | 5,239.4 | 4,951.5 | 6,143.4 | 6,230.9 | 5,341.7 | 3,920.2 | 3,933.3 | 4,096.7 | 6,331.7 | 5,757.3 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.6 | 0.7 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 | 0.2 |
| Retained Earnings | (506.1) | (370.5) | (314.4) | (141.5) | (38.2) | (65.7) | (8.6) | (0.2) | 6.3 | 17.9 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 1,172.5 | 1,345.0 | 1,404.8 | 1,571.5 | 1,361.4 | 1,045.4 | 1,123.7 | 1,135.2 | 1,060.1 | 497.7 |
| Total Liabilities & Equity | 6,464.6 | 6,350.4 | 7,547.6 | 7,802.3 | 6,703.2 | 4,965.6 | 5,057.0 | 5,231.8 | 7,394.9 | 6,265.4 |
| Debt Metrics | ||||||||||
| Total Debt | 4,693.5 | 4,898.6 | 6,059.9 | 6,164.3 | 5,295.0 | 3,813.2 | 3,827.3 | 3,969.3 | 6,221.7 | 5,752.7 |
| Net Debt | 4,608.9 | 4,793.7 | 5,924.0 | 5,924.6 | 5,023.5 | 3,702.4 | 3,759.7 | 3,882.8 | 6,118.2 | 5,656.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (50.5) | 34.3 | (31.7) | 37.6 | 137.2 | 54.4 | 90.0 | 89.8 | 60.1 | 32.3 |
| Depreciation & Amortization | 2.6 | 1.0 | 0 | 0 | 0 | 0 | 0 | 8.6 | 3.1 | 0 |
| Stock-Based Compensation | 7.9 | 8.3 | 8.1 | 7.8 | 7.4 | 5.7 | 4.1 | 2.0 | 0.1 | 0 |
| Change in Working Capital | (5.0) | 10.1 | (0.2) | (12.3) | 1.7 | 0.9 | (0.2) | (1.2) | (0.8) | (2.4) |
| Other Non-Cash Items | 117.2 | 78.9 | 179.5 | 108.0 | (21.5) | 54.1 | (2.2) | 2.6 | (3.4) | (4.4) |
| Operating Cash Flow | 72.3 | 132.6 | 155.7 | 141.1 | 124.8 | 115.1 | 91.7 | 76.8 | 53.8 | 25.4 |
| Investing Activities | ||||||||||
| Capital Expenditure | (5.6) | (8.1) | (1.9) | (1.7) | 0 | 0 | 0 | 0 | 0 | (0.5) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (33.5) | (2.4) | 0 | 0 | 0 | 0 | (94.0) | (15.6) | (1,201.8) | (10.2) |
| Sales/Maturities of Investments | 0 | 0 | 1.3 | 0 | 1.3 | 0 | 94.1 | 99.7 | 37.3 | 2.0 |
| Other Investing Activities | 303.4 | 1,126.7 | 14.1 | (1,175.5) | (1,542.1) | 88.7 | (926.4) | (2,097.0) | 80.8 | (445.8) |
| Investing Cash Flow | 264.3 | 1,116.2 | 13.5 | (1,177.1) | (1,540.8) | 88.7 | (926.3) | (1,997.2) | (1,083.7) | (456.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (199.6) | (1,169.2) | (123.9) | 876.8 | 1,425.6 | (24.9) | 933.0 | 1,945.8 | 523.8 | 321.7 |
| Stock Repurchased | (43.4) | (10.0) | 0 | (35.8) | 0 | (25.1) | (4.1) | (31.3) | (0.6) | 0 |
| Dividends Paid | (88.2) | (103.1) | (140.2) | (136.9) | (103.9) | (97.1) | (99.5) | (89.2) | (50.7) | (21.9) |
| Other Financing Activities | (24.6) | (8.2) | (7.5) | (36.6) | (30.4) | (13.5) | (13.7) | (31.3) | 564.5 | (9.2) |
| Financing Cash Flow | (355.8) | (1,290.6) | (271.5) | 1,012.9 | 1,579.0 | (160.6) | 815.7 | 1,903.4 | 1,037.0 | 500.6 |
| Cash Position | ||||||||||
| Net Change in Cash | (19.2) | (41.8) | (102.3) | (23.1) | 162.9 | 43.2 | (18.9) | (17.0) | 7.2 | 69.6 |
| Cash at Beginning | 106.5 | 148.3 | 250.6 | 273.8 | 110.8 | 67.6 | 86.5 | 103.5 | 96.3 | 26.8 |
| Cash at End | 87.3 | 106.5 | 148.3 | 250.6 | 273.8 | 110.8 | 67.6 | 86.5 | 103.5 | 96.3 |
| Free Cash Flow | 66.7 | 124.5 | 153.9 | 139.5 | 124.8 | 115.1 | 91.7 | 76.8 | 53.8 | 25.0 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||
| Revenue | 458.0 | 592.6 | 660.2 | 436.5 | 285.8 | 269.9 | 275.8 | 198.0 | 84.1 | 33.2 | 14.0 | 0.7 |
| Gross Profit | 404.4 | 543.0 | 620.3 | 399.1 | 256.1 | 246.2 | 255.4 | 176.9 | 70.6 | 26.9 | 11.2 | 0.7 |
| Operating Income | 271.6 | 446.0 | 426.4 | 269.1 | 245.9 | 181.6 | 244.8 | 171.7 | 60.3 | 32.6 | 17.6 | (2.2) |
| Net Income | (47.1) | 35.6 | (30.9) | 38.1 | 137.2 | 54.4 | 90.0 | 89.7 | 59.1 | 31.2 | 16.8 | (2.1) |
| EPS (Diluted) | -1.05 | 0.19 | -0.78 | 0.23 | 2.21 | 0.96 | 1.57 | 1.63 | 1.30 | 0.60 | 0.32 | -6.54 |
| Balance Sheet | ||||||||||||
| Cash & Equivalents | 84.6 | 104.9 | 135.9 | 239.8 | 271.5 | 110.8 | 67.6 | 86.5 | 103.5 | 96.3 | ||
| Total Assets | 6,464.6 | 6,350.4 | 7,547.6 | 7,802.3 | 6,703.2 | 4,965.6 | 5,057.0 | 5,231.8 | 7,394.9 | 6,265.4 | ||
| Total Debt | 4,693.5 | 4,898.6 | 6,059.9 | 6,164.3 | 5,295.0 | 3,813.2 | 3,827.3 | 3,969.3 | 6,221.7 | 5,752.7 | ||
| Stockholders' Equity | 1,172.5 | 1,345.0 | 1,404.8 | 1,571.5 | 1,361.4 | 1,045.4 | 1,123.7 | 1,135.2 | 1,060.1 | 497.7 | ||
| Cash Flow | ||||||||||||
| Operating Cash Flow | 72.3 | 132.6 | 155.7 | 141.1 | 124.8 | 115.1 | 91.7 | 76.8 | 53.8 | 25.4 | ||
| Capital Expenditure | (5.6) | (8.1) | (1.9) | (1.7) | 0 | 0 | 0 | 0 | 0 | (0.5) | ||
| Free Cash Flow | 66.7 | 124.5 | 153.9 | 139.5 | 124.8 | 115.1 | 91.7 | 76.8 | 53.8 | 25.0 | ||