KKR Real Estate Finance Trust Inc
NYSE:KREF
Income Statement
Earnings Waterfall
KKR Real Estate Finance Trust Inc
Revenue
|
661.6m
USD
|
Cost of Revenue
|
-458.8m
USD
|
Gross Profit
|
202.8m
USD
|
Operating Expenses
|
-233.8m
USD
|
Operating Income
|
-30.9m
USD
|
Other Expenses
|
-23m
USD
|
Net Income
|
-53.9m
USD
|
Income Statement
KKR Real Estate Finance Trust Inc
Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||
Revenue |
23
N/A
|
26
+12%
|
35
+36%
|
37
+4%
|
49
+33%
|
62
+28%
|
72
+15%
|
86
+20%
|
101
+17%
|
124
+23%
|
150
+21%
|
175
+17%
|
204
+16%
|
229
+13%
|
244
+6%
|
267
+9%
|
280
+5%
|
283
+1%
|
288
+2%
|
280
-3%
|
271
-3%
|
267
-1%
|
268
+0%
|
277
+3%
|
292
+6%
|
306
+5%
|
332
+9%
|
373
+12%
|
441
+18%
|
519
+18%
|
591
+14%
|
641
+9%
|
662
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1)
|
(2)
|
(3)
|
(5)
|
(7)
|
(10)
|
(12)
|
(16)
|
(21)
|
(28)
|
(44)
|
(61)
|
(85)
|
(109)
|
(127)
|
(150)
|
(159)
|
(163)
|
(157)
|
(140)
|
(127)
|
(116)
|
(112)
|
(113)
|
(114)
|
(120)
|
(137)
|
(175)
|
(236)
|
(310)
|
(381)
|
(432)
|
(459)
|
|
Gross Profit |
22
N/A
|
24
+8%
|
32
+34%
|
32
0%
|
41
+29%
|
52
+26%
|
60
+15%
|
70
+18%
|
80
+13%
|
96
+21%
|
107
+11%
|
114
+6%
|
119
+5%
|
120
+1%
|
117
-3%
|
117
+1%
|
122
+4%
|
120
-1%
|
131
+9%
|
140
+7%
|
143
+2%
|
151
+6%
|
156
+3%
|
163
+5%
|
178
+9%
|
186
+5%
|
195
+5%
|
198
+2%
|
205
+3%
|
209
+2%
|
210
+0%
|
209
-1%
|
203
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(12)
|
(15)
|
(19)
|
(22)
|
(23)
|
(27)
|
(29)
|
(30)
|
(33)
|
(30)
|
(31)
|
(33)
|
(34)
|
(36)
|
(38)
|
(32)
|
(34)
|
(37)
|
(40)
|
(43)
|
(58)
|
(140)
|
(167)
|
(232)
|
(278)
|
(207)
|
(234)
|
|
Selling, General & Administrative |
(5)
|
0
|
(4)
|
(6)
|
(9)
|
(10)
|
(12)
|
(15)
|
(18)
|
(22)
|
(23)
|
(27)
|
(29)
|
(29)
|
(31)
|
(28)
|
(31)
|
(30)
|
(30)
|
(31)
|
(32)
|
(32)
|
(35)
|
(37)
|
(40)
|
(39)
|
(37)
|
(36)
|
(34)
|
(39)
|
(42)
|
(45)
|
(47)
|
|
Other Operating Expenses |
0
|
(5)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
0
|
(3)
|
(5)
|
(5)
|
(7)
|
0
|
1
|
0
|
(0)
|
(5)
|
(21)
|
(104)
|
(133)
|
(193)
|
(235)
|
(162)
|
(186)
|
|
Operating Income |
18
N/A
|
18
+1%
|
25
+40%
|
24
-3%
|
33
+35%
|
42
+29%
|
48
+13%
|
55
+16%
|
61
+11%
|
74
+21%
|
83
+13%
|
87
+4%
|
90
+4%
|
90
+1%
|
84
-7%
|
87
+3%
|
91
+4%
|
87
-4%
|
97
+11%
|
104
+8%
|
105
+1%
|
119
+14%
|
122
+2%
|
126
+4%
|
138
+9%
|
143
+4%
|
137
-4%
|
58
-57%
|
38
-35%
|
(23)
N/A
|
(68)
-197%
|
2
N/A
|
(31)
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(55)
|
(54)
|
(54)
|
(50)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
18
N/A
|
18
+1%
|
25
+40%
|
24
-3%
|
33
+35%
|
42
+29%
|
48
+13%
|
55
+16%
|
61
+11%
|
74
+21%
|
83
+13%
|
87
+4%
|
90
+4%
|
90
+1%
|
84
-7%
|
87
+3%
|
91
+4%
|
32
-65%
|
43
+36%
|
51
+17%
|
55
+9%
|
119
+118%
|
122
+2%
|
126
+4%
|
138
+9%
|
143
+4%
|
137
-4%
|
58
-57%
|
38
-35%
|
(23)
N/A
|
(68)
-197%
|
2
N/A
|
(31)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
17
|
17
|
25
|
24
|
32
|
42
|
47
|
55
|
60
|
73
|
83
|
86
|
90
|
91
|
84
|
87
|
90
|
31
|
43
|
50
|
54
|
119
|
121
|
126
|
137
|
143
|
136
|
58
|
38
|
(23)
|
(68)
|
2
|
(32)
|
|
Income to Minority Interest |
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
|
Net Income (Common) |
17
N/A
|
17
+1%
|
24
+42%
|
23
-4%
|
31
+36%
|
41
+31%
|
46
+13%
|
53
+16%
|
59
+11%
|
72
+22%
|
81
+14%
|
85
+4%
|
87
+3%
|
89
+2%
|
82
-7%
|
85
+3%
|
91
+6%
|
31
-66%
|
42
+37%
|
50
+19%
|
54
+8%
|
118
+120%
|
119
+1%
|
119
+1%
|
126
+5%
|
126
+1%
|
116
-8%
|
36
-69%
|
15
-57%
|
(45)
N/A
|
(90)
-100%
|
(21)
+77%
|
(54)
-162%
|
|
EPS (Diluted) |
0.32
N/A
|
0.33
+3%
|
0.46
+39%
|
0.44
-4%
|
0.6
+36%
|
0.77
+28%
|
0.98
+27%
|
0.99
+1%
|
1.3
+31%
|
1.34
+3%
|
1.42
+6%
|
1.51
+6%
|
1.58
+5%
|
1.55
-2%
|
1.43
-8%
|
1.47
+3%
|
1.57
+7%
|
0.53
-66%
|
0.75
+42%
|
0.9
+20%
|
0.96
+7%
|
2.12
+121%
|
2.12
N/A
|
2.13
+0%
|
2.21
+4%
|
1.81
-18%
|
1.69
-7%
|
0.51
-70%
|
0.23
-55%
|
-0.66
N/A
|
-1.31
-98%
|
-0.3
+77%
|
-0.78
-160%
|