KKR & Co. Inc. (KKR) Financials

$142.58 -4.00 (-2.73%)

Closing price 08/1/2025 03:59 PM Eastern

Extended Trading

$142.75 +0.17 (+0.12%)

As of 08/1/2025 07:59 PM Eastern

Annual Income Statements for KKR & Co. Inc.

This table shows KKR & Co. Inc.'s income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	488	287	985	1,098	1,972	1,946	4,627	-591	3,681	3,076
Consolidated Net Income / (Loss)	5,275	951	2,560	2,451	4,640	5,118	12,452	-418	5,357	4,906
Net Income / (Loss) Continuing Operations	5,275	951	2,560	2,451	4,640	5,118	12,452	-418	5,357	4,906
Total Pre-Tax Income	5,342	975	2,784	2,257	5,168	5,727	13,847	-292	6,555	5,860
Total Revenue	7,213	2,671	5,121	4,346	8,077	8,660	25,061	5,706	18,913	26,846
Net Interest Income / (Expense)	646	232	434	521	375	434	415	1,667	1,389	1,525
Total Interest Income	1,219	1,022	1,242	1,397	1,419	1,403	1,485	3,218	4,161	4,559
Investment Securities Interest Income	1,219	1,022	1,242	1,397	1,419	1,403	1,485	3,218	4,161	4,559
Total Interest Expense	573	790	809	876	1,044	970	1,070	1,551	2,772	3,034
Long-Term Debt Interest Expense	573	790	809	876	1,044	970	1,070	1,551	2,772	3,034
Total Non-Interest Income	6,567	2,439	4,688	3,826	7,702	8,226	24,646	4,039	17,525	25,322
Other Service Charges	-	1,105	-	1,841	1,790	2,007	4,108	4,222	4,401	5,270
Net Realized & Unrealized Capital Gains on Investments	5,523	1,334	3,146	1,984	5,911	6,219	18,312	-1,366	11,148	12,153
Premiums Earned	-	-	-	-	-	0.00	2,226	1,182	1,976	7,899
Total Non-Interest Expense	1,871	1,695	2,337	2,089	2,908	2,933	11,214	5,998	12,359	20,986
Salaries and Employee Benefits	1,181	1,064	1,695	1,374	2,117	2,152	4,429	1,145	3,013	4,331
Net Occupancy & Equipment Expense	66	65	-	60	63	72	69	77	93	117
Current and Future Benefits	-	-	-	-	-	-	4,817	2,358	6,362	13,293
Other Operating Expenses	625	567	59	655	729	709	1,935	2,362	2,803	3,070
Amortization Expense	-	-	-	-	-	0.00	-35	55	87	174
Income Tax Expense	67	25	224	-194	529	609	1,395	125	1,198	954
Preferred Stock Dividends Declared	0.00	22	33	33	33	57	106	69	52	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	4,787	641	1,542	1,320	2,634	3,115	7,719	104	1,625	1,830
Basic Earnings per Share	$1.09	-	$2.10	$2.14	$3.62	$3.45	$7.95	($0.79)	$4.24	$3.47
Weighted Average Basic Shares Outstanding	448.88M	448.91M	468.28M	514.10M	545.10M	562.81M	582.26M	749.50M	867.50M	887.02M
Diluted Earnings per Share	$1.01	-	$1.95	$2.06	$3.54	$3.37	$7.42	($0.79)	$4.09	$3.28
Weighted Average Diluted Shares Outstanding	482.70M	448.91M	506.29M	533.71M	557.69M	583.69M	633.09M	749.50M	911.79M	938.90M
Weighted Average Basic & Diluted Shares Outstanding	448.88M	448.91M	468.28M	514.10M	848.43M	576.61M	591.15M	861.11M	885.01M	888.25M
Cash Dividends to Common per Share	-	$0.64	$0.67	$0.64	$0.50	$0.53	$0.58	$0.61	-	$0.69

This table shows KKR & Co. Inc.'s income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	33	121	323	844	1,473	1,040	682	668	601	1,126
Consolidated Net Income / (Loss)	125	20	260	1,126	2,382	1,589	1,094	993	1,435	1,384
Net Income / (Loss) Continuing Operations	125	20	260	1,126	2,382	1,589	1,094	993	1,435	1,384
Total Pre-Tax Income	206	129	408	1,451	2,819	1,876	1,363	1,210	1,645	1,643
Total Revenue	1,880	2,530	3,269	4,573	5,135	5,936	10,676	5,157	6,391	4,623
Net Interest Income / (Expense)	109	1,277	152	130	351	755	136	592	133	664
Total Interest Income	500	1,826	729	850	1,075	1,507	890	1,375	855	1,439
Investment Securities Interest Income	500	1,826	729	850	1,075	1,507	890	1,375	855	1,439
Total Interest Expense	392	549	576	720	724	751	754	783	722	775
Long-Term Debt Interest Expense	392	549	576	720	724	751	754	783	722	775
Total Non-Interest Income	1,772	1,253	3,116	4,444	4,784	5,181	10,540	4,565	6,258	3,959
Other Service Charges	1,028	1,099	1,028	1,110	1,012	1,251	1,079	1,220	1,541	1,430
Net Realized & Unrealized Capital Gains on Investments	263	-401	1,615	2,707	3,552	3,275	3,425	2,409	4,095	2,224
Premiums Earned	480	555	474	626	220	655	6,037	936	621	305
Total Non-Interest Expense	1,674	2,401	2,860	3,122	2,316	4,061	9,313	3,946	4,746	2,981
Salaries and Employee Benefits	245	366	576	657	901	879	1,316	895	1,375	745
Net Occupancy & Equipment Expense	19	22	22	24	24	23	24	23	36	34
Other Operating Expenses	574	683	691	706	626	781	716	796	864	695
Amortization Expense	5.83	61	44	0.17	18	25	-3.75	33	49	96
Income Tax Expense	82	110	149	325	437	287	269	217	210	258
Net Income / (Loss) Attributable to Noncontrolling Interest	75	-119	-80	264	892	549	412	325	834	259
Basic Earnings per Share	$0.04	$0.27	$0.37	$0.98	$1.71	$1.18	$0.77	$0.75	$0.68	$1.27
Weighted Average Basic Shares Outstanding	859.83M	749.50M	861.11M	861.55M	862.12M	867.50M	885.01M	887.39M	887.44M	887.02M
Diluted Earnings per Share	$0.04	$0.27	$0.36	$0.94	$1.64	$1.15	$0.74	$0.72	$0.64	$1.18
Weighted Average Diluted Shares Outstanding	886.22M	749.50M	887.17M	912.15M	909.06M	911.79M	925.14M	932.05M	941.97M	938.90M
Weighted Average Basic & Diluted Shares Outstanding	861.11M	861.11M	863.07M	857.68M	885.01M	885.01M	887.40M	887.44M	888.23M	888.25M

This table details how cash moves in and out of KKR & Co. Inc.'s business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	130	1,558	-610	-1,069	596	3,756	3,533	2,859	7,423	-5,440
Net Cash From Operating Activities	385	-1,441	-3,532	-7,606	-5,682	-5,954	-7,177	-5,279	-1,494	6,650
Net Cash From Continuing Operating Activities	385	-1,441	-3,532	-7,606	-5,682	-5,954	-7,177	-5,279	-1,494	6,650
Net Income / (Loss) Continuing Operations	5,275	951	2,560	2,451	4,640	5,118	12,452	-418	5,357	4,906
Consolidated Net Income / (Loss)	5,275	951	2,560	2,451	4,640	5,118	12,452	-418	5,357	4,906
Depreciation Expense	-	-	-	-	-34	-64	387	364	68	-119
Non-Cash Adjustments to Reconcile Net Income	-5,323	-2,406	-7,475	-9,974	-11,487	36,168	50,882	-2,579	-7,862	1,877
Changes in Operating Assets and Liabilities, net	433	14	1,383	-83	1,199	-47,176	-70,897	-2,647	943	-14
Net Cash From Investing Activities	-425	-64	-98	-79	-207	-153	-9,606	-13,647	-3,883	-19,047
Net Cash From Continuing Investing Activities	-425	-64	-98	-79	-207	-153	-9,606	-13,647	-3,883	-19,047
Purchase of Property, Leasehold Improvements and Equipment	-265	-65	-98	-105	-207	-153	-102	-85	-108	-142
Purchase of Investment Securities	-	-	-	-	0.00	0.00	-59,091	-48,882	-29,488	-75,818
Sale and/or Maturity of Investments	-	-	-	-	0.00	0.00	49,588	35,320	25,714	56,912
Net Cash From Financing Activities	169	3,086	2,940	6,616	6,485	9,804	20,364	22,055	12,774	7,076
Net Cash From Continuing Financing Activities	169	3,086	2,940	6,616	6,485	9,804	20,364	22,055	12,774	7,076
Issuance of Debt	14,015	7,895	11,658	17,118	14,812	16,620	30,369	20,439	16,383	29,137
Repayment of Debt	-5,926	-5,482	-9,515	-11,712	-9,311	-11,294	-21,474	-13,911	-12,764	-25,677
Repurchase of Common Equity	-162	-297	0.00	-173	-72	-246	-270	-347	-290	0.00
Payment of Dividends	-707	-308	-345	-356	-305	-354	-420	-513	-615	-612
Other Financing Activities, Net	-7,050	795	1,142	1,739	1,361	3,961	12,619	16,387	10,060	4,229
Effect of Exchange Rate Changes	-	-22	80	-	0.43	59	-49	-270	25	-119
Cash Interest Paid	486	773	774	788	1,033	1,045	1,242	1,500	2,691	2,937
Cash Income Taxes Paid	40	34	55	148	130	180	659	765	981	782

This table details how cash moves in and out of KKR & Co. Inc.'s business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-742	1,756	-3,657	1,020	962	9,097	-4,643	-96	-1,107	406
Net Cash From Operating Activities	-1,485	-648	-1,933	-2,639	1,971	1,107	1,527	3,358	1,876	-112
Net Cash From Continuing Operating Activities	-1,485	-648	-1,933	-2,639	1,971	1,107	1,527	3,358	1,876	-112
Net Income / (Loss) Continuing Operations	125	20	260	1,126	2,382	1,589	1,094	993	1,435	1,384
Consolidated Net Income / (Loss)	125	20	260	1,126	2,382	1,589	1,094	993	1,435	1,384
Depreciation Expense	100	33	32	5.27	15	16	-14	-26	-48	-30
Non-Cash Adjustments to Reconcile Net Income	30,018	-31,135	6,751	7,009	6,030	-27,652	9,604	12,554	12,751	-33,032
Changes in Operating Assets and Liabilities, net	-31,727	30,435	-8,976	-10,779	-6,455	27,153	-9,156	-10,163	-12,262	31,567
Net Cash From Investing Activities	-3,589	-2,966	-3,819	199	-1,077	813	-6,199	-5,477	-5,119	-2,253
Net Cash From Continuing Investing Activities	-3,589	-2,966	-3,819	199	-1,077	813	-6,199	-5,477	-5,119	-2,253
Purchase of Property, Leasehold Improvements and Equipment	-24	-26	-23	-39	-17	-29	-17	-26	-45	-53
Purchase of Investment Securities	-9,285	-9,984	-8,770	-5,093	-5,789	-9,837	-13,726	-25,794	-20,742	-15,556
Sale and/or Maturity of Investments	5,721	7,045	4,974	5,331	4,729	10,680	7,545	20,343	15,667	13,357
Net Cash From Financing Activities	4,346	5,404	2,073	3,454	104	7,143	45	2,061	2,077	2,894
Net Cash From Continuing Financing Activities	4,346	5,404	2,073	3,454	104	7,143	45	2,061	2,077	2,894
Issuance of Debt	4,126	3,247	3,379	5,332	2,917	4,755	5,717	8,154	7,320	7,946
Repayment of Debt	-2,460	-1,583	-1,859	-3,957	-2,938	-4,010	-4,928	-7,041	-6,801	-6,907
Payment of Dividends	-151	-151	-151	-160	-159	-146	-146	-155	-155	-155
Other Financing Activities, Net	2,831	3,890	704	2,510	301	6,544	-598	1,104	1,712	2,011
Effect of Exchange Rate Changes	-14	-35	22	5.59	-36	35	-16	-38	59	-124
Cash Interest Paid	395	388	567	663	729	732	745	737	663	792
Cash Income Taxes Paid	173	209	21	577	212	172	39	335	108	299

This table presents KKR & Co. Inc.'s assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	71,042	39,003	45,835	50,743	60,899	79,807	264,285	275,347	317,294	360,099
Cash and Due from Banks	2,520	4,134	3,679	2,445	3,163	6,508	10,092	12,824	20,349	14,878
Restricted Cash	268	212	56	196	74	486	435	562	460	489
Trading Account Securities	65,306	31,410	39,014	44,908	54,936	69,275	212,539	216,575	240,005	276,598
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Customer and Other Receivables	140	250	554	657	717	873	1,224	1,663	1,447	1,856
Separate Account Business Assets	-	-	-	-	-	0.00	5,586	4,131	4,107	3,981
Intangible Assets	-	-	-	-	-	0.00	1,407	2,331	4,451	5,199
Other Assets	2,809	2,997	2,531	2,537	2,008	2,665	33,002	37,261	46,476	57,098
Total Liabilities & Shareholders' Equity	71,042	39,003	45,835	50,743	60,899	79,807	264,285	275,347	317,294	360,099
Total Liabilities	21,575	21,885	25,172	25,361	30,397	39,007	206,146	219,976	258,915	298,115
Accrued Interest Payable	-	-	-	-	-	0.00	23,460	22,739	34,340	43,962
Long-Term Debt	18,715	18,544	21,194	22,341	27,013	33,424	38,578	42,727	47,475	49,647
Future Policy Benefits	-	-	-	-	-	-	-	137,781	160,058	185,205
Separate Account Business Liabilities	-	-	-	-	-	0.00	5,586	4,131	4,107	3,981
Other Long-Term Liabilities	2,860	3,341	3,978	3,020	3,384	5,583	12,002	12,598	12,936	15,319
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	189	632	611	1,123	-	-	82	152	615	1,585
Total Equity & Noncontrolling Interests	49,279	16,486	20,052	24,260	30,502	40,800	58,057	55,219	57,763	60,400
Total Preferred & Common Equity	5,547	5,940	7,186	8,650	10,807	13,717	17,582	18,808	22,859	23,652
Preferred Stock	-	483	0.00	483	485	1,601	1,118	1,116	0.00	0.00
Total Common Equity	5,547	5,457	7,186	8,167	10,322	12,116	16,464	17,692	22,859	23,652
Common Stock	5,547	5,457	6,723	8,115	8,572	8,694	9,003	16,293	17,558	18,416
Retained Earnings	-	-	0.00	92	1,792	3,441	7,670	6,701	9,818	12,283
Accumulated Other Comprehensive Income / (Loss)	-	-	-19	-40	-42	-19	-210	-5,302	-4,518	-7,047
Noncontrolling Interest	43,732	10,546	12,866	15,610	19,695	27,083	40,475	36,411	34,905	36,748

This table presents KKR & Co. Inc.'s assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Total Assets	266,249	275,347	282,611	575,390	288,733	317,294	339,774	348,469	360,656	360,099
Cash and Due from Banks	11,059	12,824	9,290	10,306	11,294	20,349	15,609	15,540	14,460	14,878
Restricted Cash	571	562	439	442	416	460	557	530	503	489
Trading Account Securities	208,493	216,575	227,351	231,479	231,723	240,005	258,441	265,549	276,679	276,598
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Customer and Other Receivables	1,371	1,663	1,848	1,573	1,590	1,447	1,449	1,617	2,035	1,856
Separate Account Business Assets	4,052	4,131	4,165	4,182	3,900	4,107	4,223	4,123	4,134	3,981
Intangible Assets	1,632	2,331	2,392	2,437	2,507	4,451	4,857	4,905	5,093	5,199
Other Assets	39,071	37,261	37,126	37,275	37,302	46,476	54,638	56,206	57,753	57,098
Total Liabilities & Shareholders' Equity	266,249	275,347	282,611	287,695	288,733	317,294	339,774	348,469	360,656	360,099
Total Liabilities	214,266	219,976	225,487	454,201	227,135	258,915	282,862	289,939	298,857	298,115
Accrued Interest Payable	21,064	22,739	22,996	23,252	22,737	34,340	42,640	43,944	45,389	43,962
Long-Term Debt	40,179	42,727	44,677	46,050	45,991	47,475	48,140	49,094	49,453	49,647
Future Policy Benefits	-	137,781	-	141,429	140,983	160,058	173,599	177,833	184,050	185,205
Separate Account Business Liabilities	4,052	4,131	4,165	4,182	3,900	4,107	4,223	4,123	4,134	3,981
Other Long-Term Liabilities	13,237	12,598	12,520	12,187	13,524	12,936	14,261	14,946	15,831	15,319
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	82	152	144	183	422	615	922	1,291	1,322	1,585
Total Equity & Noncontrolling Interests	51,901	55,219	56,979	60,411	61,176	57,763	55,990	57,238	60,476	60,400
Total Preferred & Common Equity	17,451	18,808	19,663	19,982	20,408	22,859	21,421	21,673	24,084	23,652
Preferred Stock	1,116	1,116	1,116	1,116	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	16,335	17,692	18,547	18,866	20,408	22,859	21,421	21,673	24,084	23,652
Common Stock	16,024	16,293	16,348	16,195	17,336	17,558	18,041	18,142	18,276	18,416
Retained Earnings	6,366	6,701	6,890	7,593	8,924	9,818	10,355	10,867	11,312	12,283
Accumulated Other Comprehensive Income / (Loss)	-6,055	-5,302	-4,692	-4,922	-5,852	-4,518	-6,975	-7,336	-5,505	-7,047
Noncontrolling Interest	34,450	36,411	37,317	40,429	40,769	34,905	34,569	35,565	36,393	36,748

This table displays calculated financial ratios and metrics derived from KKR & Co. Inc.'s official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-5.77%	-62.97%	91.75%	-15.13%	85.83%	7.22%	189.39%	-77.23%	231.49%	41.94%
EBITDA Growth	-2.14%	-81.74%	185.51%	-18.95%	127.48%	10.30%	151.36%	-99.49%	9,106.03%	-13.31%
EBIT Growth	-2.14%	-81.74%	185.51%	-18.95%	129.00%	10.80%	141.79%	-102.11%	2,343.03%	-10.59%
NOPAT Growth	-2.22%	-81.98%	169.29%	-4.26%	89.30%	10.30%	143.31%	-101.64%	2,718.90%	-8.42%
Net Income Growth	-2.22%	-81.98%	169.29%	-4.26%	89.30%	10.30%	143.31%	-103.35%	1,382.78%	-8.42%
EPS Growth	-12.93%	0.00%	0.00%	5.64%	71.84%	-4.80%	120.18%	-110.65%	617.72%	-19.80%
Operating Cash Flow Growth	-74.11%	-473.95%	-145.08%	-115.35%	25.30%	-4.78%	-20.54%	26.44%	71.70%	545.16%
Free Cash Flow Firm Growth	95.78%	9,262.40%	-110.86%	6.01%	-50.82%	-124.95%	13.36%	84.22%	-51.36%	63.64%
Invested Capital Growth	9.02%	-47.70%	17.37%	14.02%	20.52%	29.05%	30.31%	1.43%	7.91%	5.46%
Revenue Q/Q Growth	10.59%	-24.67%	7.94%	-34.35%	65.09%	12.86%	4.03%	-22.28%	21.97%	-4.66%
EBITDA Q/Q Growth	17.58%	-45.14%	7.44%	-45.38%	105.55%	70.71%	-15.23%	-93.99%	35.35%	-4.65%
EBIT Q/Q Growth	17.58%	-45.14%	7.44%	-45.38%	106.93%	72.64%	-16.02%	-136.36%	36.33%	-3.83%
NOPAT Q/Q Growth	17.29%	-45.10%	2.06%	-39.28%	105.77%	154.40%	-21.59%	-136.88%	41.45%	-4.01%
Net Income Q/Q Growth	17.29%	-45.10%	2.06%	-39.28%	105.77%	154.40%	-21.59%	-175.29%	41.45%	-4.01%
EPS Q/Q Growth	24.69%	0.00%	0.00%	0.00%	0.00%	106.75%	-19.17%	-364.71%	27.41%	0.92%
Operating Cash Flow Q/Q Growth	-77.37%	24.26%	-1.80%	-22.92%	3.35%	5.75%	-33.77%	36.01%	54.01%	-15.49%
Free Cash Flow Firm Q/Q Growth	-144.03%	0.19%	-12.31%	-54.32%	1.02%	-20.52%	-141.29%	95.41%	79.39%	-160.20%
Invested Capital Q/Q Growth	3.17%	3.63%	4.23%	2.84%	6.77%	13.33%	69.51%	6.44%	-1.61%	0.34%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	74.06%	36.52%	54.37%	51.93%	63.56%	65.39%	56.80%	1.26%	35.02%	21.39%
EBIT Margin	74.06%	36.52%	54.37%	51.93%	63.99%	66.13%	55.25%	-5.12%	34.66%	21.83%
Profit (Net Income) Margin	73.13%	35.60%	49.99%	56.39%	57.44%	59.10%	49.69%	-7.32%	28.32%	18.27%
Tax Burden Percent	98.75%	97.48%	91.94%	108.60%	89.77%	89.36%	89.93%	142.91%	81.73%	83.71%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	1.25%	2.52%	8.06%	-8.60%	10.23%	10.64%	10.07%	0.00%	18.27%	16.29%
Return on Invested Capital (ROIC)	8.07%	1.83%	6.61%	5.47%	8.82%	7.77%	14.57%	-0.21%	5.25%	4.51%
ROIC Less NNEP Spread (ROIC-NNEP)	8.07%	1.83%	6.61%	5.47%	8.82%	7.77%	14.57%	-0.73%	5.25%	4.51%
Return on Net Nonoperating Assets (RNNOA)	2.36%	1.02%	6.95%	5.17%	7.79%	6.59%	10.60%	-0.53%	4.17%	3.64%
Return on Equity (ROE)	10.43%	2.86%	13.55%	10.65%	16.60%	14.35%	25.17%	-0.74%	9.42%	8.15%
Cash Return on Invested Capital (CROIC)	-0.56%	64.46%	-9.38%	-7.63%	-9.79%	-17.60%	-11.75%	-1.63%	-2.35%	-0.80%
Operating Return on Assets (OROA)	7.80%	1.77%	6.56%	4.67%	9.26%	8.14%	8.05%	-0.11%	2.21%	1.73%
Return on Assets (ROA)	7.71%	1.73%	6.04%	5.08%	8.31%	7.27%	7.24%	-0.15%	1.81%	1.45%
Return on Common Equity (ROCE)	1.13%	0.47%	4.54%	3.55%	5.49%	4.52%	7.27%	-0.22%	3.36%	3.15%
Return on Equity Simple (ROE_SIMPLE)	95.09%	16.00%	35.63%	28.34%	42.93%	37.31%	70.82%	-2.22%	23.44%	20.74%
Net Operating Profit after Tax (NOPAT)	5,275	951	2,560	2,451	4,640	5,118	12,452	-205	5,357	4,906
NOPAT Margin	73.13%	35.60%	49.99%	56.39%	57.44%	59.10%	49.69%	-3.59%	28.32%	18.27%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.52%	0.00%	0.00%
SG&A Expenses to Revenue	17.28%	42.25%	33.11%	33.00%	26.99%	25.69%	17.95%	21.42%	16.42%	16.57%
Operating Expenses to Revenue	25.94%	63.48%	45.63%	48.07%	36.01%	33.87%	44.75%	105.12%	65.34%	78.17%
Earnings before Interest and Taxes (EBIT)	5,342	975	2,784	2,257	5,168	5,727	13,847	-292	6,555	5,860
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	5,342	975	2,784	2,257	5,134	5,663	14,233	72	6,623	5,741
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.08	1.10	1.26	1.18	1.47	1.83	2.57	2.22	3.18	5.55
Price to Tangible Book Value (P/TBV)	1.08	1.10	1.26	1.18	1.47	1.83	2.81	2.55	3.95	7.11
Price to Revenue (P/Rev)	0.83	2.26	1.77	2.21	1.88	2.56	1.69	6.88	3.85	4.89
Price to Earnings (P/E)	12.32	20.99	9.21	8.77	7.70	11.38	9.14	0.00	19.77	42.65
Dividend Yield	12.20%	4.77%	3.53%	3.49%	1.81%	1.36%	0.79%	1.68%	0.79%	0.58%
Earnings Yield	8.12%	4.76%	10.85%	11.40%	12.99%	8.79%	10.94%	0.00%	5.06%	2.34%
Enterprise Value to Invested Capital (EV/IC)	0.97	0.89	0.96	0.98	1.03	1.04	1.16	1.08	1.28	1.83
Enterprise Value to Revenue (EV/Rev)	9.13	11.94	7.81	10.71	7.32	8.92	4.47	18.62	7.14	7.59
Enterprise Value to EBITDA (EV/EBITDA)	12.33	32.69	14.37	20.62	11.52	13.64	7.87	1,476.96	20.38	35.50
Enterprise Value to EBIT (EV/EBIT)	12.33	32.69	14.37	20.62	11.44	13.49	8.09	0.00	20.59	34.78
Enterprise Value to NOPAT (EV/NOPAT)	12.49	33.54	15.63	18.99	12.75	15.10	9.00	0.00	25.19	41.55
Enterprise Value to Operating Cash Flow (EV/OCF)	170.90	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	30.65
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.95	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.38	1.08	1.03	0.88	0.89	0.82	0.66	0.77	0.81	0.80
Long-Term Debt to Equity	0.38	1.08	1.03	0.88	0.89	0.82	0.66	0.77	0.81	0.80
Financial Leverage	0.29	0.56	1.05	0.95	0.88	0.85	0.73	0.72	0.79	0.81
Leverage Ratio	1.35	1.65	2.25	2.10	2.00	1.97	3.48	4.75	5.21	5.63
Compound Leverage Factor	1.35	1.65	2.25	2.10	2.00	1.97	3.48	4.75	5.21	5.63
Debt to Total Capital	27.45%	52.00%	50.63%	46.81%	46.97%	45.03%	39.89%	43.56%	44.85%	44.47%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	27.45%	52.00%	50.63%	46.81%	46.97%	45.03%	39.89%	43.56%	44.85%	44.47%
Preferred Equity to Total Capital	0.00%	1.35%	0.00%	1.01%	0.84%	2.16%	1.16%	1.14%	0.00%	0.00%
Noncontrolling Interests to Total Capital	64.42%	31.34%	32.20%	35.06%	34.24%	36.49%	41.93%	37.27%	33.56%	34.34%
Common Equity to Total Capital	8.14%	15.30%	17.17%	17.11%	17.95%	16.32%	17.02%	18.04%	21.59%	21.19%
Debt to EBITDA	3.50	19.02	7.61	9.90	5.26	5.90	2.71	593.91	7.17	8.65
Net Debt to EBITDA	2.98	14.56	6.27	8.73	4.63	4.67	1.97	407.85	4.03	5.97
Long-Term Debt to EBITDA	3.50	19.02	7.61	9.90	5.26	5.90	2.71	593.91	7.17	8.65
Debt to NOPAT	3.55	19.51	8.28	9.12	5.82	6.53	3.10	-208.88	8.86	10.12
Net Debt to NOPAT	3.02	14.94	6.82	8.04	5.12	5.16	2.25	-143.44	4.98	6.99
Long-Term Debt to NOPAT	3.55	19.51	8.28	9.12	5.82	6.53	3.10	-208.88	8.86	10.12
Noncontrolling Interest Sharing Ratio	89.20%	83.47%	66.54%	66.66%	66.92%	68.53%	71.11%	69.91%	64.35%	61.36%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-365	33,471	-3,634	-3,416	-5,152	-11,590	-10,042	-1,585	-2,399	-872
Operating Cash Flow to CapEx	147.94%	-2,254.48%	-3,599.77%	-9,677.82%	-2,740.21%	-3,881.51%	-7,032.61%	-6,206.80%	-1,378.14%	4,698.37%
Free Cash Flow to Firm to Interest Expense	-0.64	42.37	-4.49	-3.90	-4.94	-11.95	-9.38	-1.02	-0.87	-0.29
Operating Cash Flow to Interest Expense	0.67	-1.82	-4.37	-8.68	-5.45	-6.14	-6.70	-3.40	-0.54	2.19
Operating Cash Flow Less CapEx to Interest Expense	0.22	-1.91	-4.49	-8.77	-5.64	-6.30	-6.80	-3.46	-0.58	2.15
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.11	0.05	0.12	0.09	0.14	0.12	0.15	0.02	0.06	0.08
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	68,182	35,662	41,857	47,724	57,516	74,224	96,717	98,097	105,854	111,632
Invested Capital Turnover	0.11	0.05	0.13	0.10	0.15	0.13	0.29	0.06	0.19	0.25
Increase / (Decrease) in Invested Capital	5,640	-32,520	6,195	5,867	9,792	16,708	22,493	1,380	7,756	5,778
Enterprise Value (EV)	65,865	31,885	40,011	46,541	59,133	77,261	112,011	106,254	134,962	203,825
Market Capitalization	6,017	6,026	9,076	9,626	15,177	22,147	42,285	39,234	72,775	131,213
Book Value per Share	$11.94	$12.14	$15.05	$15.43	$18.75	$21.29	$28.14	$20.55	$25.83	$26.63
Tangible Book Value per Share	$11.94	$12.14	$15.05	$15.43	$18.75	$21.29	$25.74	$17.84	$20.80	$20.77
Total Capital	68,182	35,662	41,857	47,724	57,516	74,224	96,717	98,097	105,854	111,632
Total Debt	18,715	18,544	21,194	22,341	27,013	33,424	38,578	42,727	47,475	49,647
Total Long-Term Debt	18,715	18,544	21,194	22,341	27,013	33,424	38,578	42,727	47,475	49,647
Net Debt	15,927	14,198	17,458	19,700	23,776	26,430	28,051	29,341	26,667	34,279
Capital Expenditures (CapEx)	261	64	98	79	207	153	102	85	108	142
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	213	0.00	0.00
Net Nonoperating Obligations (NNO)	18,715	18,544	21,194	22,341	27,013	33,424	38,578	42,727	47,475	49,647
Total Depreciation and Amortization (D&A)	0.00	0.00	0.00	0.00	-34	-64	387	364	68	-119
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.09	$0.64	$2.10	$0.00	$3.62	$3.45	$7.83	($1.21)	$4.24	$3.47
Adjusted Weighted Average Basic Shares Outstanding	448.88M	448.91M	468.28M	832.57M	545.10M	562.81M	582.26M	749.50M	867.50M	887.02M
Adjusted Diluted Earnings per Share	$1.01	$0.59	$1.95	$0.00	$3.54	$3.37	$7.31	($1.21)	$4.09	$3.28
Adjusted Weighted Average Diluted Shares Outstanding	482.70M	483.43M	506.29M	832.57M	557.69M	583.69M	633.09M	749.50M	911.79M	938.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	448.88M	448.91M	468.28M	832.57M	848.43M	576.61M	591.15M	861.11M	885.01M	888.25M
Normalized Net Operating Profit after Tax (NOPAT)	5,275	951	3,096	1,580	4,640	5,118	12,452	-205	5,357	4,906
Normalized NOPAT Margin	73.13%	35.60%	60.45%	36.35%	57.44%	59.10%	49.69%	-3.59%	28.32%	18.27%
Pre Tax Income Margin	74.06%	36.52%	54.37%	51.93%	63.99%	66.13%	55.25%	-5.12%	34.66%	21.83%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	9.32	1.23	3.44	2.58	4.95	5.90	12.94	-0.19	2.36	1.93
NOPAT to Interest Expense	9.20	1.20	3.16	2.80	4.45	5.28	11.63	-0.13	1.93	1.62
EBIT Less CapEx to Interest Expense	8.86	1.15	3.32	2.49	4.75	5.75	12.84	-0.24	2.33	1.88
NOPAT Less CapEx to Interest Expense	8.75	1.12	3.04	2.71	4.25	5.12	11.54	-0.19	1.89	1.57
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	13.40%	32.36%	13.49%	14.51%	6.57%	6.91%	3.37%	-122.92%	11.48%	12.48%
Augmented Payout Ratio	16.47%	63.59%	13.49%	21.58%	8.13%	11.73%	5.54%	-205.93%	16.89%	12.48%

This table displays calculated financial ratios and metrics derived from KKR & Co. Inc.'s official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-72.53%	-39.26%	23.49%	438.30%	173.07%	134.61%	226.63%	12.75%	24.46%	-22.12%
EBITDA Growth	-91.90%	-87.37%	-67.70%	182.72%	826.43%	1,064.18%	206.06%	-18.71%	-43.66%	-14.80%
EBIT Growth	-94.37%	-89.46%	-68.31%	175.71%	1,267.29%	1,352.61%	233.73%	-16.60%	-41.67%	-12.44%
NOPAT Growth	-96.21%	-98.03%	-79.26%	183.93%	1,813.19%	8,018.51%	321.22%	-11.80%	-39.77%	-12.90%
Net Income Growth	-96.21%	-98.03%	-79.26%	162.07%	1,813.19%	8,018.51%	321.22%	-11.80%	-39.77%	-12.90%
EPS Growth	-97.78%	-69.66%	1,900.00%	187.04%	4,000.00%	325.93%	105.56%	-23.40%	-60.98%	2.61%
Operating Cash Flow Growth	34.03%	82.10%	-310.83%	35.05%	232.73%	270.98%	179.02%	227.23%	-4.81%	-110.09%
Free Cash Flow Firm Growth	-398.48%	93.67%	95.74%	-81.66%	62.70%	-353.14%	64.64%	181.75%	82.93%	28.75%
Invested Capital Growth	61.52%	1.43%	6.66%	81.84%	16.74%	7.91%	3.19%	-35.65%	3.40%	5.46%
Revenue Q/Q Growth	239.09%	34.57%	29.17%	39.93%	12.27%	15.61%	79.84%	-51.70%	23.93%	-27.66%
EBITDA Q/Q Growth	117.38%	-46.87%	171.10%	230.51%	94.60%	-33.23%	-28.73%	-12.22%	34.88%	0.97%
EBIT Q/Q Growth	110.76%	-37.37%	216.26%	255.26%	94.29%	-33.46%	-27.34%	-11.21%	35.89%	-0.12%
NOPAT Q/Q Growth	109.28%	-84.28%	1,226.50%	333.62%	111.53%	-33.28%	-31.18%	-9.20%	44.44%	-3.51%
Net Income Q/Q Growth	106.86%	-84.28%	1,226.50%	333.62%	111.53%	-33.28%	-31.18%	-9.20%	44.44%	-3.51%
EPS Q/Q Growth	103.70%	575.00%	33.33%	161.11%	74.47%	-29.88%	-35.65%	-2.70%	-11.11%	84.38%
Operating Cash Flow Q/Q Growth	63.45%	56.40%	-198.50%	-36.54%	174.69%	-43.83%	37.96%	119.84%	-44.12%	-105.95%
Free Cash Flow Firm Q/Q Growth	14.29%	96.11%	-348.25%	-1,115.38%	82.40%	52.73%	65.02%	2,909.38%	-103.68%	-97.27%
Invested Capital Q/Q Growth	0.21%	6.44%	3.77%	64.28%	-35.67%	-1.61%	-0.76%	2.45%	3.37%	0.34%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	16.27%	6.42%	13.48%	31.84%	55.19%	31.87%	12.63%	22.96%	24.98%	34.87%
EBIT Margin	10.97%	5.10%	12.50%	31.73%	54.90%	31.60%	12.77%	23.47%	25.73%	35.53%
Profit (Net Income) Margin	6.62%	0.77%	7.95%	24.62%	46.39%	26.77%	10.25%	19.26%	22.45%	29.94%
Tax Burden Percent	60.38%	15.16%	63.58%	77.61%	84.49%	84.72%	80.25%	82.07%	87.24%	84.27%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	39.62%	84.84%	36.42%	22.40%	15.51%	15.28%	19.75%	17.93%	12.76%	15.73%
Return on Invested Capital (ROIC)	0.65%	0.05%	0.51%	2.33%	7.20%	4.97%	2.61%	3.77%	5.78%	7.39%
ROIC Less NNEP Spread (ROIC-NNEP)	0.65%	0.05%	0.51%	2.33%	7.20%	4.97%	2.61%	3.77%	5.78%	7.39%
Return on Net Nonoperating Assets (RNNOA)	0.24%	0.03%	0.37%	3.00%	5.46%	3.94%	2.12%	4.93%	4.47%	5.96%
Return on Equity (ROE)	0.89%	0.08%	0.88%	5.32%	12.67%	8.90%	4.73%	8.70%	10.25%	13.36%
Cash Return on Invested Capital (CROIC)	-46.31%	-1.63%	-7.28%	-56.89%	-11.66%	-2.35%	2.84%	47.79%	1.32%	-0.80%
Operating Return on Assets (OROA)	0.30%	0.11%	0.29%	0.92%	3.07%	2.02%	1.08%	1.37%	2.23%	2.82%
Return on Assets (ROA)	0.18%	0.02%	0.18%	0.72%	2.59%	1.71%	0.87%	1.12%	1.95%	2.37%
Return on Common Equity (ROCE)	0.26%	0.02%	0.25%	1.73%	4.10%	3.17%	1.66%	2.96%	3.69%	5.16%
Return on Equity Simple (ROE_SIMPLE)	3.18%	0.00%	-7.17%	7.66%	18.56%	0.00%	28.90%	27.95%	21.22%	0.00%
Net Operating Profit after Tax (NOPAT)	125	20	260	1,126	2,382	1,589	1,094	993	1,435	1,384
NOPAT Margin	6.62%	0.77%	7.95%	24.62%	46.39%	26.77%	10.25%	19.26%	22.45%	29.94%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	14.00%	15.30%	18.29%	14.88%	18.02%	15.20%	12.55%	17.81%	22.07%	16.85%
Operating Expenses to Revenue	89.03%	94.90%	87.50%	68.27%	45.10%	68.40%	87.23%	76.53%	74.27%	64.47%
Earnings before Interest and Taxes (EBIT)	206	129	408	1,451	2,819	1,876	1,363	1,210	1,645	1,643
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	306	163	441	1,456	2,834	1,892	1,349	1,184	1,597	1,612
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.21	2.22	2.41	2.54	2.57	3.18	4.14	4.30	4.81	5.55
Price to Tangible Book Value (P/TBV)	2.46	2.55	2.76	2.91	2.93	3.95	5.36	5.56	6.09	7.11
Price to Revenue (P/Rev)	4.93	6.88	7.05	3.90	3.38	3.85	3.37	3.47	4.11	4.89
Price to Earnings (P/E)	0.00	0.00	0.00	36.22	18.97	19.77	21.96	24.14	38.69	42.65
Dividend Yield	1.43%	1.68%	1.50%	1.42%	1.30%	0.79%	0.66%	0.79%	0.52%	0.58%
Earnings Yield	0.00%	0.00%	0.00%	2.76%	5.27%	5.06%	4.55%	4.14%	2.58%	2.34%
Enterprise Value to Invested Capital (EV/IC)	1.09	1.08	1.16	0.75	1.19	1.28	1.49	1.52	1.69	1.83
Enterprise Value to Revenue (EV/Rev)	13.67	18.62	18.67	10.19	8.24	7.14	5.93	6.06	6.67	7.59
Enterprise Value to EBITDA (EV/EBITDA)	83.88	1,476.96	0.00	52.79	26.13	20.38	20.74	22.47	31.21	35.50
Enterprise Value to EBIT (EV/EBIT)	124.89	0.00	0.00	56.89	26.59	20.59	20.80	22.44	30.84	34.78
Enterprise Value to NOPAT (EV/NOPAT)	180.96	0.00	0.00	81.62	33.76	25.19	25.23	26.93	36.77	41.55
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	79.42	20.48	23.88	30.65
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	53.12	2.48	129.70	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.77	0.77	0.78	0.76	0.75	0.81	0.85	0.84	0.80	0.80
Long-Term Debt to Equity	0.77	0.77	0.78	0.76	0.75	0.81	0.85	0.84	0.80	0.80
Financial Leverage	0.37	0.72	0.73	1.29	0.76	0.79	0.81	1.31	0.77	0.81
Leverage Ratio	4.88	4.75	4.80	7.42	4.89	5.21	5.46	7.76	5.26	5.63
Compound Leverage Factor	4.88	4.75	4.80	7.42	4.89	5.21	5.46	7.76	5.26	5.63
Debt to Total Capital	43.60%	43.56%	43.89%	43.18%	42.75%	44.85%	45.82%	45.62%	44.45%	44.47%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	43.60%	43.56%	43.89%	43.18%	42.75%	44.85%	45.82%	45.62%	44.45%	44.47%
Preferred Equity to Total Capital	1.21%	1.14%	1.10%	1.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	37.47%	37.27%	36.80%	38.08%	38.28%	33.56%	33.78%	34.25%	33.90%	34.34%
Common Equity to Total Capital	17.72%	18.04%	18.22%	17.69%	18.97%	21.59%	20.39%	20.14%	21.65%	21.19%
Debt to EBITDA	33.58	593.91	-52.47	19.47	9.40	7.17	6.39	6.76	8.21	8.65
Net Debt to EBITDA	23.86	407.85	-41.05	14.92	7.01	4.03	4.25	4.55	5.73	5.97
Long-Term Debt to EBITDA	33.58	593.91	-52.47	19.47	9.40	7.17	6.39	6.76	8.21	8.65
Debt to NOPAT	72.44	-208.88	-54.42	30.10	12.14	8.86	7.78	8.10	9.68	10.12
Net Debt to NOPAT	51.47	-143.44	-42.57	23.08	9.05	4.98	5.16	5.45	6.75	6.99
Long-Term Debt to NOPAT	72.44	-208.88	-54.42	30.10	12.14	8.86	7.78	8.10	9.68	10.12
Noncontrolling Interest Sharing Ratio	70.52%	69.91%	71.01%	67.51%	67.65%	64.35%	64.95%	65.97%	63.94%	61.36%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-34,979	-1,361	-6,100	-74,141	-13,046	-6,167	-2,157	60,607	-2,227	-4,394
Operating Cash Flow to CapEx	-6,083.54%	-2,446.11%	-8,328.90%	-6,845.08%	11,315.65%	3,789.96%	8,831.65%	12,684.03%	4,206.76%	-210.01%
Free Cash Flow to Firm to Interest Expense	-89.34	-2.48	-10.58	-102.96	-18.01	-8.21	-2.86	77.38	-3.09	-5.67
Operating Cash Flow to Interest Expense	-3.79	-1.18	-3.35	-3.66	2.72	1.47	2.03	4.29	2.60	-0.14
Operating Cash Flow Less CapEx to Interest Expense	-3.86	-1.23	-3.39	-3.72	2.70	1.43	2.00	4.25	2.54	-0.21
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.02	0.02	0.03	0.06	0.06	0.08	0.06	0.09	0.08
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	92,162	98,097	101,800	167,238	107,589	105,854	105,052	107,624	111,251	111,632
Invested Capital Turnover	0.10	0.06	0.06	0.09	0.16	0.19	0.25	0.20	0.26	0.25
Increase / (Decrease) in Invested Capital	35,104	1,380	6,360	75,267	15,428	7,756	3,251	-59,614	3,662	5,778
Enterprise Value (EV)	100,366	106,254	118,144	124,871	127,844	134,962	156,190	163,128	187,940	203,825
Market Capitalization	36,170	39,234	44,619	47,842	52,374	72,775	88,725	93,247	115,734	131,213
Book Value per Share	$19.00	$20.55	$21.54	$21.86	$23.79	$25.83	$24.20	$24.42	$27.14	$26.63
Tangible Book Value per Share	$17.10	$17.84	$18.76	$19.04	$20.87	$20.80	$18.72	$18.90	$21.40	$20.77
Total Capital	92,162	98,097	101,800	106,644	107,589	105,854	105,052	107,624	111,251	111,632
Total Debt	40,179	42,727	44,677	46,050	45,991	47,475	48,140	49,094	49,453	49,647
Total Long-Term Debt	40,179	42,727	44,677	46,050	45,991	47,475	48,140	49,094	49,453	49,647
Net Debt	28,549	29,341	34,949	35,301	34,280	26,667	31,974	33,025	34,490	34,279
Capital Expenditures (CapEx)	24	26	23	39	17	29	17	26	45	53
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	40,179	42,727	44,677	106,644	45,991	47,475	48,140	49,094	49,453	49,647
Total Depreciation and Amortization (D&A)	100	33	32	5.27	15	16	-14	-26	-48	-30
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.11)	$0.27	$0.37	$0.98	$1.71	$1.18	$0.77	$0.75	$0.68	$1.27
Adjusted Weighted Average Basic Shares Outstanding	859.83M	749.50M	861.11M	861.55M	862.12M	867.50M	885.01M	887.39M	887.44M	887.02M
Adjusted Diluted Earnings per Share	($0.11)	$0.27	$0.36	$0.94	$1.64	$1.15	$0.74	$0.72	$0.64	$1.18
Adjusted Weighted Average Diluted Shares Outstanding	859.83M	749.50M	887.17M	912.15M	909.06M	911.79M	925.14M	932.05M	941.97M	938.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	861.11M	861.11M	863.07M	857.68M	885.01M	885.01M	887.40M	887.44M	888.23M	888.25M
Normalized Net Operating Profit after Tax (NOPAT)	125	90	260	1,126	2,382	1,589	1,094	993	1,435	1,384
Normalized NOPAT Margin	6.62%	3.57%	7.95%	24.62%	46.39%	26.77%	10.25%	19.26%	22.45%	29.94%
Pre Tax Income Margin	10.97%	5.10%	12.50%	31.73%	54.90%	31.60%	12.77%	23.47%	25.73%	35.53%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.53	0.24	0.71	2.02	3.89	2.50	1.81	1.55	2.28	2.12
NOPAT to Interest Expense	0.32	0.04	0.45	1.56	3.29	2.12	1.45	1.27	1.99	1.79
EBIT Less CapEx to Interest Expense	0.46	0.19	0.67	1.96	3.87	2.46	1.78	1.51	2.22	2.05
NOPAT Less CapEx to Interest Expense	0.26	-0.01	0.41	1.51	3.26	2.08	1.43	1.23	1.93	1.72
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	83.77%	-122.92%	-39.78%	39.97%	16.36%	11.48%	9.86%	10.00%	11.79%	12.48%
Augmented Payout Ratio	170.39%	-205.93%	-39.78%	57.77%	24.02%	16.89%	9.86%	10.29%	11.79%	12.48%

Key Financial Trends

KKR & Co. Inc. (NYSE: KKR) has demonstrated a robust financial performance with notable trends in revenues, expenses, and financial position over the last several years through Q4 2024.

Positive aspects impacting KKR include:

Consistent revenue growth in recent years: Total Revenue increased to $4.62 billion in Q4 2024, up from $2.53 billion in Q4 2022, demonstrating strong top-line expansion.
Strong net realized & unrealized capital gains on investments, contributing $2.22 billion in Q4 2024 compared to a loss in Q4 2022 (-$0.40 billion), signaling improved investment performance.
Increasing net income attributable to common shareholders: $1.13 billion in Q4 2024, up significantly from $121 million in Q4 2022, highlighting growing profitability.
Increasing total common equity to $23.65 billion as of Q4 2024, up from $17.69 billion in Q4 2022, indicating strengthening shareholder equity base.
Continued positive net cash from financing activities ($2.89 billion in Q4 2024), supporting capital structure and shareholder returns.
Stable cash and equivalents position of approximately $14.9 billion in Q4 2024, providing liquidity strength.

Neutral factors to consider:

Net Interest Income / (Expense) showed some variability but remains positive; $664 million in Q4 2024 versus $1.28 billion (total interest minus expense) in 2022, reflecting the impacts of interest rate changes and debt costs.
High level of accrued interest payable (~$43.96 billion in Q4 2024) and long-term debt (~$49.65 billion), consistent with KKR’s business model but representing ongoing leverage considerations.
Weighted average diluted shares outstanding have remained around 880-940 million over recent quarters, relatively stable dilutive effect on earnings per share.
Diluted earnings per share grew to $1.18 in Q4 2024 from $0.27 in Q4 2022, showing improvement but impacted by share count and income volatility.

Negative factors that could affect KKR’s outlook include:

Decline in net cash from continuing operating activities in Q4 2024, reported as negative $111.7 million, contrasting with positive operating cash flows in several prior quarters, which may reflect working capital changes or investment activities.
Significant increase in total non-interest expenses ($2.98 billion in Q4 2024 vs. $2.40 billion in Q4 2022), including higher salaries, benefits, and other operating expenses, which could pressure margins if revenue growth slows.

Summary: KKR has shown strong improvement in revenue and earnings growth over the last two years, propelled by investment gains and expanded equity. Despite elevated expenses and some volatility in operating cash flow, the firm maintains a solid balance sheet with substantial equity and liquidity. Investors should monitor operating cash flow trends and leverage levels, but overall KKR’s recent results support a positive growth trajectory.

08/02/25 07:04 AMAI Generated. May Contain Errors.

Frequently Asked Questions About KKR & Co. Inc.'s Financials

When does KKR & Co. Inc.'s financial year end?

According to the most recent income statement we have on file, KKR & Co. Inc.'s fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has KKR & Co. Inc.'s net income changed over the last 9 years?

KKR & Co. Inc.'s net income appears to be on an upward trend, with a most recent value of $4.91 billion in 2024, falling from $5.28 billion in 2015. The previous period was $5.36 billion in 2023. Check out KKR & Co. Inc.'s forecast to explore projected trends and price targets.

How has KKR & Co. Inc.'s revenue changed over the last 9 years?

Over the last 9 years, KKR & Co. Inc.'s total revenue changed from $7.21 billion in 2015 to $26.85 billion in 2024, a change of 272.2%.

How much debt does KKR & Co. Inc. have?

KKR & Co. Inc.'s total liabilities were at $298.11 billion at the end of 2024, a 15.1% increase from 2023, and a 1,281.8% increase since 2015.

How much cash does KKR & Co. Inc. have?

In the past 9 years, KKR & Co. Inc.'s cash and equivalents has ranged from $2.45 billion in 2018 to $20.35 billion in 2023, and is currently $14.88 billion as of their latest financial filing in 2024.

How has KKR & Co. Inc.'s book value per share changed over the last 9 years?

Over the last 9 years, KKR & Co. Inc.'s book value per share changed from 11.94 in 2015 to 26.63 in 2024, a change of 123.1%.

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This page (NYSE:KKR) was last updated on 8/2/2025 by MarketBeat.com Staff

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KKR & Co. Inc. (KKR) Financials

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KKR & Co. Inc. (KKR) Financials

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