FS KKR Capital Corp FSK

NYSE

FS KKR Capital Corp. (NYSE: FSK), or the Company, which may also be referred to as "we," "us" or "our," was incorporated under the general corporation laws of the State of Maryland on December 21, 2007 and formally commenced investment operations on January 2, 2009. We are an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company, or BDC, under the Investment Company Act of 1940, as amended, or the 1940 Act. As such, we are required to comply with certain regulatory requirements. In addition, we have elected to be treated for U.S. federal income tax purposes, and intend to qualify annually, as a regulated investment company, or RIC, under Subchapter M of the Internal Revenue Code of 1986, as amended, or the Code. As of December 31, 2025, we had total assets of approximately $13.7 billion.

Last close 10.66 2026-10-27
Market cap $2.95B 2026-06-30 share count
52-week range 9.72 - 16.31

Valuation FY2025 figures against the last close

P/S—
P/E266.5x
P/FCF5.0x
EV/EBITDA—
Dividend yield26.6%
Diluted EPS0.04

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Interest expense —$465.0M$467.0M$365.0M$231.0M$170.0M——
Net income $11.0M$585.0M$696.0M$92.0M$1.51B-$405.0M——
EPS, basic 0.042.092.480.327.167.16-3.26—
EPS, diluted 0.042.092.480.327.167.16-3.26—
Shares, diluted (wtd. avg.) 280.1M280.1M280.3M283.5M211.7M211.7M124.3M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash and equivalents $208.0M$296.0M$231.0M$251.0M$377.0M$191.0M$106.0M—
Total assets $13.73B$14.22B$15.47B$16.12B$17.23B———
Long-term debt $7.63B$7.35B$8.19B$8.69B$9.14B———
Total liabilities $7.88B$7.60B$8.62B$9.11B$9.50B———
Retained earnings -$3.35B-$2.66B-$2.59B-$2.60B-$1.93B———
Total equity $5.85B$6.62B$6.85B$7.01B$7.73B$3.10B$3.87B$4.17B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating cash flow $592.0M$1.90B$1.38B$1.11B-$639.0M$675.0M——
Financing cash flow -$679.0M-$1.84B-$1.40B-$1.23B$825.0M-$590.0M——
Dividends paid $784.0M$1.01B$823.0M$738.0M$502.0M$340.0M——
Buybacks $0$0$32.0M$56.0M$12.0M$47.0M——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-011734.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -500M 0 500M 1B 1.5B 2B Net income, FY2020: -405M Net income, FY2021: 1.5B Net income, FY2022: 92M Net income, FY2023: 696M Net income, FY2024: 585M Net income, FY2025: 11M FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — — — — — — — —
Gross profit — — — — — — — —
Net income — — -$405.0M $1.51B $92.0M $696.0M $585.0M $11.0M

Recent filings and events

  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Shareholder vote Item 5.07
  • Material agreement signed Item 1.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.