KKR KKR

Private equity & alternative investments. KKR & Co. Inc., listed on NYSE.

Based on the FY2025 annual report (Jan 2025 – Dec 2025)

KKR's market cap is
about $88.25 billion.

#134 by market cap among 289 companies, based on the Nov 5, 2026 close. FY2025 revenue was $19.464307B.

Share price (close): $98.30; Close on Nov 5, 2026 · per share
P/E ratio: —; Net loss, or no EPS reported
Market cap: $88.25B; #134 of 289
Revenue: $19.464307B; #162 of 299 · −11.0% YoY
Operating income: —; Not reported
Net income: $2.370463B; #170 of 298 · −22.9% YoY
Free cash flow: —; Not reported
Total assets: $410.144072B; #21 of 299 · +13.9% YoY
Dividends paid: $649.942M; #164 of 214 · +6.2% YoY
Dividend per share: $0.73; #185 of 205 · +5.8% YoY
Dividend yield: 0.7%; #159 of 203
Shares outstanding: 891,451,844 shares; As of Dec 31, 2025

Size, put in perspective

Revenue every second$617$53.3M a day

Net income every second$75$6.49M a day

Buying Apollo Global Management with a year's profit3.4% of itBased on Apollo Global Management's market cap of about $69.27 billion

Market cap vs Apollo Global Management1.3×KKR ÷ Apollo Global Management

Calculated from the FY2025 annual report, spread evenly over 365 days.

Where the revenue went

Revenue is set at 100% and split into what went to costs, R&D, operating expenses and taxes, and what was left as profit.

Expenses63.5%
Income taxes & other24.3%
Net income12.2%

Profitability and stability

Each figure comes with its rank among 300 companies. The further right the dot, the higher the rank.

Revenue growthHow much revenue grew from the previous fiscal year: −11.0%; #294 of 299; Revenue fell from a year earlier. The median across 299 companies is +7.9%.
Operating marginShare of revenue kept as profit from the core business: —; Not ranked; Banks and insurers often don't report operating income, so look at pretax income instead.
Net marginShare of revenue left as profit after interest and taxes: 12.2%; #177 of 298; After taxes, 12.2% of revenue was left as net income. The median across 298 companies is 14.0%.
FCF marginShare of revenue left as cash after capital spending: —; Not ranked; Free cash flow based on capital spending isn't calculated for financial companies.
ROEHow much profit the company earned on shareholders' equity in a year: 8.7%; #219 of 276; Earnings relative to equity are about average. The median across 276 companies is 16.8%.
Debt-to-equityLiabilities relative to equity. Lower means less debt: —; Not ranked; Bank and insurer liabilities include customer deposits and insurance reserves, so they aren't compared with other industries.

Revenue and profit over time

Gray bars show revenue and the green part inside shows net income. The number above each bar is revenue (abbreviated) and the number below is net margin. Hover over a bar to see the exact amounts.

Currency: US dollars. Years are the years in which each fiscal year ended.

Where the cash went

Unlike profit, cash flow is money that actually came in and went out.

Cash from operations$477.76M
Dividends paid−$649.942M

For financial companies, loans and investments drive cash flow rather than capital spending, so FCF isn’t calculated.

Whose money funds the assets

The company's assets, split into borrowed money (liabilities) and shareholders' money (equity).

Liabilities 80%Equity 8%

Total assets$410.144072B
Total liabilities$328.512161B
Total equity$30.902561B
Cash and equivalents$17.15179B

For banks and insurers, customer deposits and insurance reserves count as liabilities, so the liability share looks large.

Compared with similar companies

Based on each company's latest annual report, so fiscal year ends may differ.

Compare in detail

Company	Annual revenue	Net income	Revenue growth	Operating margin	Net margin
KKRKKR	$19.464307B	$2.370463B	−11.0%	—	12.2%
Apollo Global ManagementAPO	$32.049B	$3.492B	+22.7%	—	10.9%
Ameriprise FinancialAMP	$18.911B	$3.563B	+5.5%	—	18.8%
BlackRockBLK	$24.216B	$5.553B	+18.7%	29.1%	22.9%
BlackstoneBX	$14.450265B	$3.019214B	+9.2%	—	20.9%

What the company does

KKR is an alternative asset manager investing in private equity, infrastructure, real estate and private credit. It also owns the insurer Global Atlantic.

The fiscal year ends around December each year.

Financial statements

Last 5 fiscal years. Currency: US dollars.

Show the table

Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	16.22604B	5.70418B	14.499312B	21.878698B	19.464307B
Pretax income	13.846599B	−292.221M	6.554609B	5.860433B	7.09916B
Net income	4.732406B	−521.664M	3.732261B	3.076245B	2.370463B
Operating cash flow	−7.176708B	−5.279259B	−1.493812B	6.649878B	477.76M
Dividends paid	331.429M	444.341M	563.285M	612.068M	649.942M
Total assets	—	275.346636B	317.294194B	360.099411B	410.144072B
Total liabilities	—	219.975946B	258.915282B	298.114719B	328.512161B
Total equity	58.237961B	55.218625B	57.763485B	23.651568B	30.902561B
Cash and equivalents	10.526304B	13.38537B	20.80812B	15.367953B	17.15179B
Original filing	10-K	10-K	10-K	10-K	10-K

Source: SEC EDGAR filings for KKR & Co. Inc. · CIK 0001404912 · US-GAAP