KREF (KKR Real Estate Finance Trust) Selling, General, & Admin. Expense: $17.8 Mil (TTM As of Mar. 2026)


KREF KKR Real Estate Finance Trust Inc KREF
51 GF Score
Price $6.84
GF Value $7.16
Valuation Fairly Valued
! 3 Warning Signs
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What is KKR Real Estate Finance Trust Selling, General, & Admin. Expense?

KKR Real Estate Finance Trust KREF -3.12% 51 Selling, General, & Admin. Expense is $17.8 Mil as of Mar. 2026. GuruFocus rates KREF with a GF Score™ of 51/100 and a GF Value™ of $7.16 (Fairly Valued). The stock has 3 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. KKR Real Estate Finance Trust's selling, general, & admin. expense for the three months ended in Mar. 2026 was $4.6 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $17.8 Mil.


KKR Real Estate Finance Trust  (NYSE:KREF) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


KKR Real Estate Finance Trust Selling, General, & Admin. Expense Related Terms


KKR Real Estate Finance Trust Selling, General, & Admin. Expense Historical Data

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The historical data trend for KKR Real Estate Finance Trust's Selling, General, & Admin. Expense can be seen below:

* 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 Selling, General, & Admin. Expense Chart

KKR Real Estate Finance Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.24 17.62 18.79 18.41 18.06

KKR Real Estate Finance Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.83 4.68 4.75 3.80 4.58

KREF vs CMTG, RWT, RC: Selling, General, & Admin. Expense Comparison

For the REIT - Mortgage subindustry, KKR Real Estate Finance Trust's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, KKR Real Estate Finance Trust's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where KKR Real Estate Finance Trust's Selling, General, & Admin. Expense falls into.


KREF
51GF Score
KKR Real Estate Finance Trust Inc KREF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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KKR Real Estate Finance Trust Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.8 Mil.

* 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.

What does a Selling, General, & Admin. Expense of $17.8 Mil mean?
KKR Real Estate Finance Trust (KREF) has a Selling, General, & Admin. Expense of $17.8 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on KKR Real Estate Finance Trust and its competitors.
Is KKR Real Estate Finance Trust's Selling, General, & Admin. Expense too high?
KKR Real Estate Finance Trust's current Selling, General, & Admin. Expense is $17.8 Mil. Overall, KKR Real Estate Finance Trust has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KKR Real Estate Finance Trust's Selling, General, & Admin. Expense compare to CMTG and RWT?
KKR Real Estate Finance Trust's Selling, General, & Admin. Expense of $17.8 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a REITs company?
A good Selling, General, & Admin. Expense depends on the REITs industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on KKR Real Estate Finance Trust and its competitors. KKR Real Estate Finance Trust's current Selling, General, & Admin. Expense is $17.8 Mil. 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 $6.84 — trading 4.5% below its estimated fair value. The current Selling, General, & Admin. Expense is $17.8 Mil. KKR Real Estate Finance Trust's overall GF Score™ is 51/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For KKR Real Estate Finance Trust (KREF), the current Selling, General, & Admin. Expense is $17.8 Mil 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 $6.84 is trading 4.5% below its estimated GF Value™ of $7.16. GuruFocus considers KKR Real Estate Finance Trust to be Fairly Valued.

Key valuation signals for KREF:

  • Selling, General, & Admin. Expense: $17.8 Mil
  • GF Value™: $7.16 vs. price of $6.84 (4.5% below fair value)
  • GF Score™: 51/100 with 3 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.
51GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.84
Price
$7.16
GF Value