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KKR Real Estate Finance Trust Inc.（KREF）与PEDEVCO CORP（PED）财务数据对比。点击上方公司名可切换其他公司
KKR Real Estate Finance Trust Inc.的季度营收约是PEDEVCO CORP的1.1倍（$25.8M vs $23.1M），PEDEVCO CORP净利率更高（-36.8% vs -101.7%，领先64.9%），PEDEVCO CORP同比增速更快（118.2% vs -26.6%），过去两年PEDEVCO CORP的营收复合增速更高（68.6% vs -18.8%）
KKR房地产金融信托公司是全球投资机构KKR旗下的专业房地产金融平台，主要发起、收购并管理优先担保商业地产贷款组合，抵押物多为美国各地的优质机构级商业地产，通过贷款利息收入为投资者提供稳定的经风险调整后的回报。
PEDEVCO CORP是一家独立能源企业，主要从事石油与天然气资源的收购、勘探、开发及生产业务，运营资产分布于美国本土陆上油气盆地，服务当地公用事业、工业类及批发类能源客户。
KREF vs PED — 直观对比
营收规模更大
KREF
是对方的1.1倍
$23.1M
营收增速更快
PED
高出144.8%
-26.6%
净利率更高
PED
高出64.9%
-101.7%
两年增速更快
PED
近两年复合增速
-18.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $25.8M | $23.1M |
| 净利润 | $-26.2M | $-8.5M |
| 毛利率 | — | — |
| 营业利润率 | -105.1% | -21.3% |
| 净利率 | -101.7% | -36.8% |
| 营收同比 | -26.6% | 118.2% |
| 净利润同比 | -229.6% | -243.5% |
| 每股收益（稀释后） | $-0.49 | $-2.23 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收KREFPED
| Q4 25 | $25.8M | $23.1M | ||
| Q3 25 | $25.3M | $7.0M | ||
| Q2 25 | $30.2M | $7.0M | ||
| Q1 25 | $31.3M | $8.7M | ||
| Q4 24 | $35.1M | $10.6M | ||
| Q3 24 | $37.0M | $9.1M | ||
| Q2 24 | $40.4M | $11.8M | ||
| Q1 24 | $39.1M | $8.1M |
净利润KREFPED
| Q4 25 | $-26.2M | $-8.5M | ||
| Q3 25 | $13.8M | $-325.0K | ||
| Q2 25 | $-29.7M | $-1.7M | ||
| Q1 25 | $-4.9M | $140.0K | ||
| Q4 24 | $20.3M | $5.9M | ||
| Q3 24 | $-7.4M | $2.9M | ||
| Q2 24 | $25.8M | $2.7M | ||
| Q1 24 | $-3.1M | $773.0K |
营业利润率KREFPED
| Q4 25 | -105.1% | -21.3% | ||
| Q3 25 | 50.4% | -12.0% | ||
| Q2 25 | -101.3% | -32.2% | ||
| Q1 25 | -18.3% | 1.7% | ||
| Q4 24 | 55.8% | -12.9% | ||
| Q3 24 | -19.6% | 31.3% | ||
| Q2 24 | 63.3% | 22.3% | ||
| Q1 24 | -8.7% | 7.6% |
净利率KREFPED
| Q4 25 | -101.7% | -36.8% | ||
| Q3 25 | 54.4% | -4.7% | ||
| Q2 25 | -98.5% | -24.0% | ||
| Q1 25 | -15.5% | 1.6% | ||
| Q4 24 | 57.7% | 56.0% | ||
| Q3 24 | -20.0% | 32.2% | ||
| Q2 24 | 63.9% | 22.7% | ||
| Q1 24 | -7.9% | 9.5% |
每股收益（稀释后）KREFPED
| Q4 25 | $-0.49 | $-2.23 | ||
| Q3 25 | $0.12 | $0.00 | ||
| Q2 25 | $-0.53 | $-0.02 | ||
| Q1 25 | $-0.15 | $0.00 | ||
| Q4 24 | $0.22 | $2.69 | ||
| Q3 24 | $-0.19 | $0.03 | ||
| Q2 24 | $0.29 | $0.03 | ||
| Q1 24 | $-0.13 | $0.01 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $84.6M | $3.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.2B | $207.4M |
| 总资产 | $6.5B | $375.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资KREFPED
| Q4 25 | $84.6M | $3.2M | ||
| Q3 25 | $204.1M | $10.9M | ||
| Q2 25 | $107.7M | $8.5M | ||
| Q1 25 | $106.4M | $10.4M | ||
| Q4 24 | $104.9M | $4.0M | ||
| Q3 24 | $108.8M | $4.6M | ||
| Q2 24 | $107.2M | $6.1M | ||
| Q1 24 | $106.5M | $13.3M |
股东权益KREFPED
| Q4 25 | $1.2B | $207.4M | ||
| Q3 25 | $1.2B | $115.4M | ||
| Q2 25 | $1.2B | $115.2M | ||
| Q1 25 | $1.3B | $116.2M | ||
| Q4 24 | $1.3B | $115.6M | ||
| Q3 24 | $1.4B | $106.5M | ||
| Q2 24 | $1.4B | $103.2M | ||
| Q1 24 | $1.4B | $100.0M |
总资产KREFPED
| Q4 25 | $6.5B | $375.9M | ||
| Q3 25 | $6.5B | $135.9M | ||
| Q2 25 | $6.8B | $136.8M | ||
| Q1 25 | $6.6B | $145.6M | ||
| Q4 24 | $6.4B | $128.3M | ||
| Q3 24 | $6.8B | $114.3M | ||
| Q2 24 | $7.1B | $111.0M | ||
| Q1 24 | $7.3B | $118.3M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $72.3M | $-2.1M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流KREFPED
| Q4 25 | $72.3M | $-2.1M | ||
| Q3 25 | $18.5M | $7.4M | ||
| Q2 25 | $21.1M | $-420.0K | ||
| Q1 25 | $15.9M | $5.9M | ||
| Q4 24 | $132.6M | $4.2M | ||
| Q3 24 | $49.1M | $8.3M | ||
| Q2 24 | $30.6M | $4.6M | ||
| Q1 24 | $34.5M | $-4.3M |
现金转化率KREFPED
| Q4 25 | — | — | ||
| Q3 25 | 1.34× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 42.34× | ||
| Q4 24 | 6.54× | 0.71× | ||
| Q3 24 | — | 2.83× | ||
| Q2 24 | 1.19× | 1.71× | ||
| Q1 24 | — | -5.56× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
