KREF (KKR Real Estate Finance Trust) 3-Year FCF Growth Rate: -21.50% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KREF KKR Real Estate Finance Trust Inc KREF
48 GF Score
Price $7.52
GF Value $4.29
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is KKR Real Estate Finance Trust 3-Year FCF Growth Rate?

KKR Real Estate Finance Trust KREF +3.30% 48 3-Year FCF Growth Rate is -21.50% as of Jun. 2026. GuruFocus rates KREF with a GF Score™ of 48/100 and a GF Value™ of $4.29 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 651 REITs companies, KKR Real Estate Finance Trust ranks worse than 86.33% on this metric.

KKR Real Estate Finance Trust's Free Cash Flow per Share for the three months ended in Jun. 2026 was $-0.12.

During the past 12 months, KKR Real Estate Finance Trust's average Free Cash Flow per Share Growth Rate was -64.90% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -21.50% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -11.20% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 15.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 11 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of KKR Real Estate Finance Trust was 86.10% per year. The lowest was -21.50% per year. And the median was 12.70% per year.


KKR Real Estate Finance Trust  (NYSE:KREF) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


KKR Real Estate Finance Trust 3-Year FCF Growth Rate Related Terms


KREF vs FBRT, RWT, NREF: 3-Year FCF Growth Rate Comparison

For the REIT - Mortgage subindustry, KKR Real Estate Finance Trust's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KKR Real Estate Finance Trust 3-Year FCF Growth Rate vs REITs Industry

For the REITs industry and Real Estate sector, KKR Real Estate Finance Trust's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where KKR Real Estate Finance Trust's 3-Year FCF Growth Rate falls into.


KREF
48GF Score
KKR Real Estate Finance Trust Inc KREF
3-Year FCF Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KKR Real Estate Finance Trust 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

Frequently Asked Questions Learn more about 3-Year FCF Growth Rate →
What does a 3-Year FCF Growth Rate of -21.50% mean?
KKR Real Estate Finance Trust (KREF) has a 3-Year FCF Growth Rate of -21.50% as of Jun. 2026. 3-Year FCF Growth Rate is the 3-year average growth rate of Free Cash Flow per Share. View historical data for KKR Real Estate Finance Trust and its competitors. According to the industry distribution chart, KKR Real Estate Finance Trust ranks #562 out of 651 companies in the REITs industry, placing it in the top 86.3%.
Is KKR Real Estate Finance Trust's 3-Year FCF Growth Rate too high?
KKR Real Estate Finance Trust's current 3-Year FCF Growth Rate is -21.50%. Based on the distribution chart, KKR Real Estate Finance Trust ranks #562 out of 651 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, KKR Real Estate Finance Trust has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KKR Real Estate Finance Trust's 3-Year FCF Growth Rate compare to FBRT and RWT?
According to the REITs industry distribution chart, KKR Real Estate Finance Trust ranks #562 out of 651 companies for 3-Year FCF Growth Rate. This places KKR Real Estate Finance Trust in the lower half of its industry. The industry median 3-Year FCF Growth Rate is 2.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year FCF Growth Rate for a REITs company?
The median 3-Year FCF Growth Rate among REITs companies is 2.20, based on 651 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year FCF Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year FCF Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year FCF Growth Rate mean?
A high 3-Year FCF Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year FCF Growth Rate is the 3-year average growth rate of Free Cash Flow per Share. View historical data for KKR Real Estate Finance Trust and its competitors. For the REITs industry, the median 3-Year FCF Growth Rate is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KKR Real Estate Finance Trust's current 3-Year FCF Growth Rate is -21.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KKR Real Estate Finance Trust stock overvalued right now?
Based on GuruFocus' analysis, KKR Real Estate Finance Trust (KREF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.29, compared to a current price of $7.52 — trading 75.3% above its estimated fair value. The current 3-Year FCF Growth Rate is -21.50%. KKR Real Estate Finance Trust's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year FCF Growth Rate calculated?
3-Year FCF Growth Rate is calculated from a company's financial statements. For KKR Real Estate Finance Trust (KREF), the current 3-Year FCF Growth Rate is -21.50% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is KKR Real Estate Finance Trust (KREF) Overvalued in 2026?

Based on GuruFocus' analysis, KKR Real Estate Finance Trust stock appears to be overvalued. The current stock price of $7.52 is trading 75.3% above its estimated GF Value™ of $4.29. GuruFocus considers KKR Real Estate Finance Trust to be Significantly Overvalued.

Key valuation signals for KREF:

  • 3-Year FCF Growth Rate: -21.50%
  • GF Value™: $4.29 vs. price of $7.52 (75.3% above fair value)
  • GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the KREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KKR Real Estate Finance Trust Business Description

Industry Real EstateREITs
Other Exchanges KREFpA.PFD:USA8KR:Germany
Address 30 Hudson Yards, Suite 7500, New York, NY, USA, 10001
KKR Real Estate Finance Trust Inc is a real estate finance company that focuses on originating and acquiring senior mortgage loans secured by CRE assets. The investment is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets that are owned and operated by experienced and well-capitalized sponsors and located in liquid markets with underlying fundamentals. KKR manages investments across multiple asset classes, including private equity, real estates, energy, infrastructure, credit, and hedge funds. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, through dividends.
48GF Score

Get the complete analysis for KREF

3-Year FCF Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.52
Price
$4.29
GF Value