The historical rank and industry rank for KKR Real Estate Finance Trust's Pretax Margin % or its related term are showing as below:
KREF'
s Pretax Margin % Range Over the Past 10 Years
Min: -91.29 Med: 67.03 Max: 93.78
Current: -91.29
KREF's Pretax Margin % is ranked worse than 95.79% of 927
companies
in the REITs industry
Industry Median: 46.93
vs KREF: -91.29
KKR Real Estate Finance Trust (NYSE:KREF) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
KKR Real Estate Finance Trust Pretax Margin % Related Terms
KKR Real Estate Finance Trust Pretax Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
KKR Real Estate Finance Trust Pretax Margin % Chart
KREF vs CMTG, NREF, RC: Pretax Margin % Comparison
For the REIT - Mortgage subindustry, KKR Real Estate Finance Trust's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, KKR Real Estate Finance Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where KKR Real Estate Finance Trust's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
KKR Real Estate Finance Trust (KREF) has a Pretax Margin % of -201.04% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on KKR Real Estate Finance Trust and its competitors. According to the industry distribution chart, KKR Real Estate Finance Trust ranks #888 out of 927 companies in the REITs industry, placing it in the top 95.8%.
Is KKR Real Estate Finance Trust's Pretax Margin % too high?
KKR Real Estate Finance Trust's current Pretax Margin % is -201.04%. Based on the distribution chart, KKR Real Estate Finance Trust ranks #888 out of 927 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 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KKR Real Estate Finance Trust's Pretax Margin % compare to CMTG and NREF?
According to the REITs industry distribution chart, KKR Real Estate Finance Trust ranks #888 out of 927 companies for Pretax Margin %. This places KKR Real Estate Finance Trust in the lower half of its industry. The industry median Pretax Margin % is 46.93. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 927 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on KKR Real Estate Finance Trust and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KKR Real Estate Finance Trust's current Pretax Margin % is -201.04%. 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 Fairly Valued. The stock's GF Value™ is $7.16, compared to a current price of $7.14 — trading 0.3% below its estimated fair value. The current Pretax Margin % is -201.04%. KKR Real Estate Finance Trust's overall GF Score™ is 46/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For KKR Real Estate Finance Trust (KREF), the current Pretax Margin % is -201.04% as of Mar. 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 undervalued.
The current stock price of $7.14 is trading 0.3% below its estimated GF Value™ of $7.16.
GuruFocus considers KKR Real Estate Finance Trust to be Fairly Valued.
Key valuation signals for KREF:
Pretax Margin %: -201.04%
GF Value™: $7.16 vs. price of $7.14 (0.3% below fair value)
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
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.
46GF Score
Get the complete analysis for KREF
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KREF has been successfully added to your 
