KKR Real Estate Finance Trust Inc. (KREF)

KREF Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	107.72	104.93	135.9	239.79	271.49	110.83
Long-Term Investments	120.72	117.31	35.08	36.85	35.54	33.65
Loans & Lease Receivables	5,606	5,772	7,133	7,387	6,294	4,801
Other Receivables	26.08	28.75	41	39.01	16.64	15.41
Restricted Cash	2.24	1.61	12.42	10.8	2.3	-
Other Current Assets	623.57	56.55	101.02	1.1	1.4	0.5
Long-Term Deferred Charges	6.19	2.81	3.75	4.9	1.7	2.5
Other Long-Term Assets	263.2	266.91	85.38	82.71	79.69	2.08
Total Assets	6,755	6,350	7,548	7,802	6,703	4,966
Accounts Payable	-	-	-	-	7.52	-
Accrued Expenses	19.18	25.86	28.48	28.68	12.58	14.72
Long-Term Debt	4,508	4,899	6,060	6,164	5,295	3,879
Other Current Liabilities	18.22	18.51	45.69	29.71	26.59	24.29
Other Long-Term Liabilities	493.59	8.52	9.35	8.15	-	1.72
Total Liabilities	5,462	4,952	6,143	6,231	5,342	3,920
Common Stock	0.66	0.69	0.69	0.69	0.61	0.56
Additional Paid-In Capital	1,371	1,397	1,497	1,491	1,293	1,170
Retained Earnings	-449.82	-370.47	-314.37	-141.5	-38.21	-65.7
Total Common Equity	921.82	1,027	1,087	1,253	1,194	1,044
Minority Interest	53.09	53.85	-0.59	-0.1	0.15	-
Shareholders' Equity	1,293	1,399	1,404	1,571	1,362	1,045
Total Liabilities & Equity	6,755	6,350	7,548	7,802	6,703	4,966
Total Debt	4,931	4,899	6,060	6,164	5,295	3,879
Net Cash (Debt)	-4,823	-4,794	-5,924	-5,925	-5,023	-3,769
Net Cash Per Share	-70.23	-69.08	-85.63	-87.70	-88.47	-67.23
Filing Date Shares Outstanding	65.68	68.71	69.31	69.1	61.37	55.62
Total Common Shares Outstanding	65.68	68.71	69.31	69.1	61.37	55.62
Working Capital	5,905	5,919	7,349	7,619	6,540	4,888
Book Value Per Share	14.04	14.94	15.68	18.14	19.46	18.76
Tangible Book Value	921.82	1,027	1,087	1,253	1,194	1,044
Tangible Book Value Per Share	14.04	14.94	15.68	18.14	19.46	18.76

Updated Jul 22, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q