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Side-by-side financial comparison of KKR Real Estate Finance Trust Inc. (KREF) and Omega Flex, Inc. (OFLX). Click either name above to swap in a different company.

KKR Real Estate Finance Trust Inc. is the larger business by last-quarter revenue ($25.8M vs $25.2M, roughly 1.0× Omega Flex, Inc.). Omega Flex, Inc. runs the higher net margin — 13.5% vs -101.7%, a 115.3% gap on every dollar of revenue. On growth, Omega Flex, Inc. posted the faster year-over-year revenue change (-6.5% vs -26.6%). Over the past eight quarters, Omega Flex, Inc.'s revenue compounded faster (-0.0% CAGR vs -18.8%).

KKR Real Estate Finance Trust Inc. is a specialized real estate finance firm sponsored by global investment firm KKR. It primarily originates, acquires, and manages a portfolio of senior secured commercial real estate loans, mostly backed by high-quality institutional commercial properties across the United States, delivering stable risk-adjusted returns to investors via interest income from its diversified assets.

Smart Omega Esports, formerly known as PLDT–Smart Omega, is a Philippine franchise-based professional esports team which competes in The Nationals, the top esports league in the Philippines sanctioned by the eSports National Association of the Philippines, and MPL Philippines. It was formed as a result of a partnership between esports team Sterling Global Dragons and corporate firms, PLDT Inc. and its mobile arm, Smart Communications.

KREF vs OFLX — Head-to-Head

Bigger by revenue
KREF
KREF
1.0× larger
KREF
$25.8M
$25.2M
OFLX
Growing faster (revenue YoY)
OFLX
OFLX
+20.1% gap
OFLX
-6.5%
-26.6%
KREF
Higher net margin
OFLX
OFLX
115.3% more per $
OFLX
13.5%
-101.7%
KREF
Faster 2-yr revenue CAGR
OFLX
OFLX
Annualised
OFLX
-0.0%
-18.8%
KREF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KREF
KREF
OFLX
OFLX
Revenue
$25.8M
$25.2M
Net Profit
$-26.2M
$3.4M
Gross Margin
59.2%
Operating Margin
-105.1%
15.8%
Net Margin
-101.7%
13.5%
Revenue YoY
-26.6%
-6.5%
Net Profit YoY
-229.6%
-27.1%
EPS (diluted)
$-0.49
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KREF
KREF
OFLX
OFLX
Q4 25
$25.8M
$25.2M
Q3 25
$25.3M
$24.2M
Q2 25
$30.2M
$25.5M
Q1 25
$31.3M
$23.3M
Q4 24
$35.1M
$27.0M
Q3 24
$37.0M
$24.9M
Q2 24
$40.4M
$24.6M
Q1 24
$39.1M
$25.2M
Net Profit
KREF
KREF
OFLX
OFLX
Q4 25
$-26.2M
$3.4M
Q3 25
$13.8M
$3.7M
Q2 25
$-29.7M
$4.2M
Q1 25
$-4.9M
$3.6M
Q4 24
$20.3M
$4.7M
Q3 24
$-7.4M
$4.6M
Q2 24
$25.8M
$4.5M
Q1 24
$-3.1M
$4.2M
Gross Margin
KREF
KREF
OFLX
OFLX
Q4 25
59.2%
Q3 25
60.2%
Q2 25
60.4%
Q1 25
60.3%
Q4 24
61.5%
Q3 24
61.7%
Q2 24
61.8%
Q1 24
59.9%
Operating Margin
KREF
KREF
OFLX
OFLX
Q4 25
-105.1%
15.8%
Q3 25
50.4%
17.3%
Q2 25
-101.3%
18.5%
Q1 25
-18.3%
17.4%
Q4 24
55.8%
21.4%
Q3 24
-19.6%
22.0%
Q2 24
63.3%
21.5%
Q1 24
-8.7%
20.1%
Net Margin
KREF
KREF
OFLX
OFLX
Q4 25
-101.7%
13.5%
Q3 25
54.4%
15.2%
Q2 25
-98.5%
16.3%
Q1 25
-15.5%
15.3%
Q4 24
57.7%
17.4%
Q3 24
-20.0%
18.6%
Q2 24
63.9%
18.3%
Q1 24
-7.9%
16.7%
EPS (diluted)
KREF
KREF
OFLX
OFLX
Q4 25
$-0.49
$0.34
Q3 25
$0.12
$0.37
Q2 25
$-0.53
$0.41
Q1 25
$-0.15
$0.35
Q4 24
$0.22
$0.45
Q3 24
$-0.19
$0.46
Q2 24
$0.29
$0.45
Q1 24
$-0.13
$0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KREF
KREF
OFLX
OFLX
Cash + ST InvestmentsLiquidity on hand
$84.6M
$53.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$84.2M
Total Assets
$6.5B
$105.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KREF
KREF
OFLX
OFLX
Q4 25
$84.6M
$53.2M
Q3 25
$204.1M
$49.4M
Q2 25
$107.7M
$50.7M
Q1 25
$106.4M
$49.2M
Q4 24
$104.9M
$51.7M
Q3 24
$108.8M
$45.9M
Q2 24
$107.2M
$45.7M
Q1 24
$106.5M
$45.3M
Stockholders' Equity
KREF
KREF
OFLX
OFLX
Q4 25
$1.2B
$84.2M
Q3 25
$1.2B
$84.2M
Q2 25
$1.2B
$84.0M
Q1 25
$1.3B
$83.3M
Q4 24
$1.3B
$83.1M
Q3 24
$1.4B
$82.0M
Q2 24
$1.4B
$80.6M
Q1 24
$1.4B
$79.6M
Total Assets
KREF
KREF
OFLX
OFLX
Q4 25
$6.5B
$105.0M
Q3 25
$6.5B
$103.8M
Q2 25
$6.8B
$102.8M
Q1 25
$6.6B
$102.8M
Q4 24
$6.4B
$105.9M
Q3 24
$6.8B
$102.9M
Q2 24
$7.1B
$99.6M
Q1 24
$7.3B
$99.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KREF
KREF
OFLX
OFLX
Operating Cash FlowLast quarter
$72.3M
$7.5M
Free Cash FlowOCF − Capex
$7.3M
FCF MarginFCF / Revenue
28.9%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
2.20×
TTM Free Cash FlowTrailing 4 quarters
$15.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KREF
KREF
OFLX
OFLX
Q4 25
$72.3M
$7.5M
Q3 25
$18.5M
$2.7M
Q2 25
$21.1M
$5.5M
Q1 25
$15.9M
$1.6M
Q4 24
$132.6M
$9.8M
Q3 24
$49.1M
$4.0M
Q2 24
$30.6M
$4.4M
Q1 24
$34.5M
$2.7M
Free Cash Flow
KREF
KREF
OFLX
OFLX
Q4 25
$7.3M
Q3 25
$2.0M
Q2 25
$5.0M
Q1 25
$1.0M
Q4 24
$9.2M
Q3 24
$3.6M
Q2 24
$3.8M
Q1 24
$2.2M
FCF Margin
KREF
KREF
OFLX
OFLX
Q4 25
28.9%
Q3 25
8.4%
Q2 25
19.6%
Q1 25
4.3%
Q4 24
34.1%
Q3 24
14.7%
Q2 24
15.3%
Q1 24
8.9%
Capex Intensity
KREF
KREF
OFLX
OFLX
Q4 25
0.8%
Q3 25
2.5%
Q2 25
1.7%
Q1 25
2.4%
Q4 24
2.1%
Q3 24
1.4%
Q2 24
2.6%
Q1 24
1.8%
Cash Conversion
KREF
KREF
OFLX
OFLX
Q4 25
2.20×
Q3 25
1.34×
0.72×
Q2 25
1.31×
Q1 25
0.44×
Q4 24
6.54×
2.08×
Q3 24
0.86×
Q2 24
1.19×
0.98×
Q1 24
0.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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