KKR & Co. Inc. KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance
solutions. We aim to generate attractive investment returns by following a patient and disciplined investment approach,
employing world-class people, and supporting growth in our portfolio companies and communities.
Founded in 1976, KKR pioneered the leveraged buyout strategy and has been a leader of the private equity industry for
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.46B | $21.88B | $14.50B | $5.70B | $16.23B | $4.23B | $4.22B | $1.84B | $1.54B | $1.10B |
| Interest expense | $2.78B | $3.03B | $2.77B | $1.55B | $1.07B | $969.9M | $1.04B | $876.0M | $808.9M | $790.0M |
| Pre-tax income | $7.10B | $5.86B | $6.55B | -$292.2M | $13.85B | $5.73B | $5.17B | $2.26B | $2.78B | $975.2M |
| Income tax | $953.7M | $954.4M | $1.20B | $125.4M | $1.39B | $609.1M | $528.8M | $194.1M | $224.3M | $24.6M |
| Net income | $2.37B | $3.08B | $3.73B | -$521.7M | $4.73B | $2.00B | $2.01B | $1.13B | $1.02B | $309.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $17.15B | $15.37B | $20.81B | $13.39B | $10.53B | $6.99B | $3.24B | $2.64B | $3.74B | $4.35B |
| Property, plant and equipment | — | — | — | — | — | $760.6M | $633.0M | $451.2M | $364.2M | $283.3M |
| Goodwill | — | — | — | — | — | $83.5M | $83.5M | $83.5M | $83.5M | $89.0M |
| Other intangibles | — | — | — | — | — | — | — | $9.9M | $129.2M | $135.0M |
| Total assets | $410.14B | $360.10B | $317.29B | $275.35B | — | $79.81B | $60.90B | $50.74B | $45.83B | $39.00B |
| Long-term debt | — | — | — | — | $36.91B | $33.50B | $27.15B | $22.64B | $21.43B | $18.66B |
| Total liabilities | $328.51B | $298.11B | $258.92B | $219.98B | — | $39.01B | $30.40B | $25.36B | $25.17B | $21.88B |
| Retained earnings | $13.88B | $12.28B | $9.82B | $6.70B | $7.67B | $3.44B | $1.79B | $92.0M | $0 | — |
| Total equity | $30.90B | $23.65B | $57.76B | $55.22B | $58.24B | $40.80B | $30.50B | $24.26B | $7.19B | — |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $477.8M | $6.65B | -$1.49B | -$5.28B | -$7.18B | -$5.95B | -$5.68B | -$7.61B | -$3.53B | -$1.44B |
| Depreciation and amortisation | -$162.5M | -$119.3M | $68.3M | $364.2M | $386.9M | -$64.2M | -$34.5M | — | — | — |
| Stock-based compensation | $722.1M | $746.4M | $618.5M | $730.2M | $529.8M | $326.8M | $297.7M | $331.7M | $334.8M | $264.9M |
| Capital expenditure | — | — | — | — | — | — | $194.6M | $102.7M | $97.1M | $62.7M |
| Investing cash flow | -$16.28B | -$19.05B | -$3.88B | -$13.65B | -$9.61B | -$153.4M | -$207.4M | -$78.6M | -$98.1M | -$63.9M |
| Financing cash flow | $17.43B | $7.08B | $12.77B | $22.06B | $20.36B | $9.80B | $6.48B | $6.62B | $2.94B | $3.09B |
| Dividends paid | $649.9M | $612.1M | $563.3M | $444.3M | $331.4M | $297.3M | $271.5M | $322.3M | $312.0M | $285.4M |
| Buybacks | $3.4M | $0 | $289.8M | $346.7M | $269.7M | $246.2M | $72.1M | $173.1M | $0 | — |
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 0001404912-26-000007.
Others in SIC 6282
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| AMP | AMERIPRISE FINANCIAL INC | $49.52B | 15.5x | 5.5% |
| TROW | PRICE T ROWE GROUP INC | $23.42B | 11.9x | 3.1% |
| BEN | FRANKLIN TEMPLETON INC | $17.65B | 38.2x | 3.5% |
| CG | Carlyle Group Inc. | $16.74B | 21.5x | -11.9% |
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| EVR | Evercore Inc. | $11.51B | 21.2x | 29.5% |