K

KKR & Co. Inc.

KKRS · CIK 0001404912

17 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$19.46B11.0%
FY2025
Net income (FY)
$2.37B22.9%
FY2025
Free cash flow (FY)
−$5.88B23.8%
FY2019
The story, charted

The shape of the business

FY2016–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$10B$20BFY2016 · Revenue $1.10B · Net income $309.3M · 0001404912-19-000006 · filed 2019-02-15FY16Revenue $1.10BNet income $309.3M0001404912-19-000006 · filed 2019-02-15FY2017 · Revenue $1.54B · Net income $1.02B · 0001404912-20-000006 · filed 2020-02-18FY17Revenue $1.54BNet income $1.02B0001404912-20-000006 · filed 2020-02-18FY2018 · Revenue $1.84B · Net income $1.13B · 0001404912-21-000008 · filed 2021-02-19FY18Revenue $1.84BNet income $1.13B0001404912-21-000008 · filed 2021-02-19FY2019 · Revenue $1.79B · Net income $2.01B · 0001404912-21-000008 · filed 2021-02-19 · 0001404912-22-000004 · filed 2022-02-28FY19Revenue $1.79BNet income $2.01B0001404912-21-000008 · filed 2021-02-19 · 0001404912-22-000004 · filed 2022-02-28FY2020 · Revenue $2.01B · Net income $2.00B · 0001404912-21-000008 · filed 2021-02-19 · 0001404912-23-000005 · filed 2023-02-27FY20Revenue $2.01BNet income $2.00B0001404912-21-000008 · filed 2021-02-19 · 0001404912-23-000005 · filed 2023-02-27FY2021 · Revenue $16.23B · Net income $4.73B · 0001404912-24-000005 · filed 2024-02-29FY21Revenue $16.23BNet income $4.73B0001404912-24-000005 · filed 2024-02-29FY2022 · Revenue $5.70B · Net income −$521.7M · 0001404912-25-000015 · filed 2025-02-28FY22Revenue $5.70BNet income −$521.7M0001404912-25-000015 · filed 2025-02-28FY2023 · Revenue $14.50B · Net income $3.73B · 0001404912-26-000007 · filed 2026-02-27FY23Revenue $14.50BNet income $3.73B0001404912-26-000007 · filed 2026-02-27FY2024 · Revenue $21.88B · Net income $3.08B · 0001404912-26-000007 · filed 2026-02-27FY24Revenue $21.88BNet income $3.08B0001404912-26-000007 · filed 2026-02-27FY2025 · Revenue $19.46B · Net income $2.37B · 0001404912-26-000007 · filed 2026-02-27FY25Revenue $19.46BNet income $2.37B0001404912-26-000007 · filed 2026-02-27FY25Revenue $19.46BNet income $2.37B0001404912-26-000007 · filed 2026-02-27FY17FY19FY21FY23FY25

revenue 17.6× since FY2016 · net margin 28.0% → 12.2%

MarginsNet marginFCF margin
-400%-200%0%FY2016 · Net margin 28.0% · FCF margin -136.1%FY16Net margin 28.0%FCF margin -136.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 66.1% · FCF margin -235.4%FY17Net margin 66.1%FCF margin -235.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 61.4% · FCF margin -418.7%FY18Net margin 61.4%FCF margin -418.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 112.0% · FCF margin -328.2%FY19Net margin 112.0%FCF margin -328.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 99.8%FY20Net margin 99.8%derived: net income ÷ revenueFY2021 · Net margin 29.2%FY21Net margin 29.2%derived: net income ÷ revenueFY2022 · Net margin -9.1%FY22Net margin -9.1%derived: net income ÷ revenueFY2023 · Net margin 25.7%FY23Net margin 25.7%derived: net income ÷ revenueFY2024 · Net margin 14.1%FY24Net margin 14.1%derived: net income ÷ revenueFY2025 · Net margin 12.2%FY25Net margin 12.2%derived: net income ÷ revenueFY25Net margin 12.2%derived: net income ÷ revenue’17’19’21’23’25

FY2025: net 12.2% · free cash flow -328.2% of revenue

Cash engineOperating cash flowFree cash flow
−$5B$0$5BFY2009 · OCF −$347.3M · FCF −$368.4M · 0001047469-12-001497 · filed 2012-02-27FY09OCF −$347.3MFCF −$368.4M0001047469-12-001497 · filed 2012-02-27FY2010 · OCF $733.4M · FCF $720.3M · 0001047469-12-001497 · filed 2012-02-27FY10OCF $733.4MFCF $720.3M0001047469-12-001497 · filed 2012-02-27FY2011 · OCF −$208.6M · FCF −$226.8M · 0001047469-12-001497 · filed 2012-02-27FY11OCF −$208.6MFCF −$226.8M0001047469-12-001497 · filed 2012-02-27FY2012 · OCF $6.20B · FCF $6.16B · 0001047469-15-001418 · filed 2015-02-27FY12OCF $6.20BFCF $6.16B0001047469-15-001418 · filed 2015-02-27FY2013 · OCF $2.58B · FCF $2.56B · 0001404912-16-000009 · filed 2016-02-26FY13OCF $2.58BFCF $2.56B0001404912-16-000009 · filed 2016-02-26FY2014 · OCF $1.49B · FCF $1.48B · 0001404912-17-000005 · filed 2017-02-24FY14OCF $1.49BFCF $1.48B0001404912-17-000005 · filed 2017-02-24FY2015 · OCF $385.4M · FCF $216.0M · 0001404912-18-000005 · filed 2018-02-23FY15OCF $385.4MFCF $216.0M0001404912-18-000005 · filed 2018-02-23FY2016 · OCF −$1.44B · FCF −$1.50B · 0001404912-19-000006 · filed 2019-02-15FY16OCF −$1.44BFCF −$1.50B0001404912-19-000006 · filed 2019-02-15FY2017 · OCF −$3.53B · FCF −$3.63B · 0001404912-20-000006 · filed 2020-02-18FY17OCF −$3.53BFCF −$3.63B0001404912-20-000006 · filed 2020-02-18FY2018 · OCF −$7.61B · FCF −$7.71B · 0001404912-21-000008 · filed 2021-02-19FY18OCF −$7.61BFCF −$7.71B0001404912-21-000008 · filed 2021-02-19FY2019 · OCF −$5.68B · FCF −$5.88B · 0001404912-22-000004 · filed 2022-02-28FY19OCF −$5.68BFCF −$5.88B0001404912-22-000004 · filed 2022-02-28FY2020 · OCF −$5.95B · 0001404912-23-000005 · filed 2023-02-27FY20OCF −$5.95B0001404912-23-000005 · filed 2023-02-27FY2021 · OCF −$7.18B · 0001404912-24-000005 · filed 2024-02-29FY21OCF −$7.18B0001404912-24-000005 · filed 2024-02-29FY2022 · OCF −$5.28B · 0001404912-25-000015 · filed 2025-02-28FY22OCF −$5.28B0001404912-25-000015 · filed 2025-02-28FY2023 · OCF −$1.49B · 0001404912-26-000007 · filed 2026-02-27FY23OCF −$1.49B0001404912-26-000007 · filed 2026-02-27FY2024 · OCF $6.65B · 0001404912-26-000007 · filed 2026-02-27FY24OCF $6.65B0001404912-26-000007 · filed 2026-02-27FY2025 · OCF $477.8M · 0001404912-26-000007 · filed 2026-02-27FY25OCF $477.8M0001404912-26-000007 · filed 2026-02-27FY25OCF $477.8M0001404912-26-000007 · filed 2026-02-27’09’13’17’21’25
Returns on capitalReturn on equityReturn on assets
0%10%20%FY2010 · ROA 0.9%FY10ROA 0.9%derived: net income ÷ assetsFY2011 · ROA 0.0%FY11ROA 0.0%derived: net income ÷ assetsFY2012 · ROA 1.3%FY12ROA 1.3%derived: net income ÷ assetsFY2013 · ROA 1.3%FY13ROA 1.3%derived: net income ÷ assetsFY2014 · ROA 0.7%FY14ROA 0.7%derived: net income ÷ assetsFY2015 · ROA 0.7%FY15ROA 0.7%derived: net income ÷ assetsFY2016 · ROA 0.8%FY16ROA 0.8%derived: net income ÷ assetsFY2017 · ROE 14.2% · ROA 2.2%FY17ROE 14.2%ROA 2.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 13.1% · ROA 2.2%FY18ROE 13.1%ROA 2.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 18.6% · ROA 3.3%FY19ROE 18.6%ROA 3.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 14.6% · ROA 2.5%FY20ROE 14.6%ROA 2.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 26.9%FY21ROE 26.9%derived: net income ÷ equityFY2022 · ROE -2.8% · ROA -0.2%FY22ROE -2.8%ROA -0.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 16.3% · ROA 1.2%FY23ROE 16.3%ROA 1.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 13.0% · ROA 0.9%FY24ROE 13.0%ROA 0.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 7.7% · ROA 0.6%FY25ROE 7.7%ROA 0.6%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 7.7%ROA 0.6%derived: net income ÷ equity · derived: net income ÷ assets’13’17’21’25

return on equity 14% (FY2017) → 8% (FY2025) · on assets 0.6%

Balance sheetLiabilitiesEquity
$0$100B$200B$300BFY2017 · Liabilities $25.17B · Equity $7.19BFY17Liabilities $25.17BEquity $7.19B0001404912-19-000006 · filed 2019-02-15FY2018 · Liabilities $25.36B · Equity $8.65BFY18Liabilities $25.36BEquity $8.65B0001404912-20-000006 · filed 2020-02-18FY2019 · Liabilities $30.40B · Equity $10.81BFY19Liabilities $30.40BEquity $10.81B0001404912-21-000008 · filed 2021-02-19FY2020 · Liabilities $39.01B · Equity $13.72BFY20Liabilities $39.01BEquity $13.72B0001404912-21-000008 · filed 2021-02-19 · 0001404912-22-000004 · filed 2022-02-28FY2022 · Liabilities $219.98B · Equity $18.81BFY22Liabilities $219.98BEquity $18.81B0001404912-24-000005 · filed 2024-02-29FY2023 · Liabilities $258.92B · Equity $22.86BFY23Liabilities $258.92BEquity $22.86B0001404912-25-000015 · filed 2025-02-28FY2024 · Liabilities $298.11B · Equity $23.65BFY24Liabilities $298.11BEquity $23.65B0001404912-26-000007 · filed 2026-02-27FY2025 · Liabilities $328.51B · Equity $30.90BFY25Liabilities $328.51BEquity $30.90B0001404912-26-000007 · filed 2026-02-27FY25Liabilities $328.51BEquity $30.90B0001404912-26-000007 · filed 2026-02-27’18’20’23’25

FY2025: $410.14B assets · $328.51B liabilities · $30.90B equity

The receipts