KKR Stock - KKR & Co. Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $21.64B | $14.32B | $5.57B | $16.11B | $4.23B |
| Gross Profit | $3.84B | $4.86B | $2.01B | $6.90B | $2.08B |
| Gross Margin | 17.8% | 33.9% | 36.1% | 42.8% | 49.1% |
| Operating Income | $926.20M | $2.14B | $-345,578,000 | $4.95B | $1.30B |
| Net Income | $3.08B | $3.73B | $-521,664,000 | $4.73B | $2.00B |
| Net Margin | 14.2% | 26.1% | -9.4% | 29.4% | 47.3% |
| EPS | $3.47 | $4.24 | $-0.79 | $7.95 | $3.45 |
KKR & Co. Inc. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, turnaround, lower middle market and middle market investments. The firm considers investments in all industries with a focus on software, security, semiconductors, consumer electronics, internet of things (iot), internet, information services, information technology infrastructure, financial technology, network and cyber security architecture, engineering and operations, content, technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy. In energy and infrastructure, it focuses on the upstream oil and gas and equipment, minerals and royalties and services verticals. In real estate, the firm seeks to invest in private and public real estate securities including property-level equity, debt and special situations transactions and businesses with significant real estate holdings, and oil and natural gas properties. The firm also invests in asset services sector that encompasses a broad array of B2B, B2C and B2G services verticals including asset-based, transport, logistics, leisure/hospitality, resource and utility support, infra-like, mission-critical, and environmental services. Within Americas, the firm prefers to invest in consumer products; chemicals, metals and mining; energy and natural resources; financial services; healthcare; industrials; media and communications; retail; and technology. Within Europe, the firm invests in consumer and retail; energy; financial services; health care; industrials and chemicals; media and digital; and telecom and technologies. Within Asia, it invests in consumer products; energy and resources; financial services; healthcare; industrials; logistics; media and telecom; retail; real estate; and technology. It also seeks to make impact investments focused on identifying and investing behind businesses with positive social or environmental impact. The firm seeks to invest in mid to high-end residential developments, but can invest in other projects throughout Mainland China through outright ownership, joint ventures, and merger. It invests globally with a focus on Australia, emerging and developed Asia, Middle East and Africa, Nordic, Southeast Asia, Asia Pacific, Ireland, Hong Kong, Japan, Taiwan, India, Vietnam, Malaysia, Singapore, Indonesia, France, Germany, Netherlands, United Kingdom, Caribbean, Mexico, South America, North America, Brazil, Latin America, Korea with a focus on South Korea, and United States of America. In the United States and Europe, the firm focuses on buyouts of large, publicly traded companies. It seeks to invest $30 million to $717 million in companies with enterprise values between $500 million to $2389 million. The firm prefers to invest in a range of debt and public equity investing and may co-invest. It seeks a board seat in its portfolio companies and a controlling ownership of a company or a strategic minority positions. The firm may acquire majority and minority equity interests, particularly when making private equity investments in Asia or sponsoring investments as part of a large investor consortium. The firm typically holds its investment for a period of five to seven years and more and exits through initial public offerings, secondary offerings, and sales to strategic buyers. KKR & Co. Inc. was founded in 1976 and is based in New York, New York with additional offices across North America, Europe, Australia, Sweden and Asia.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 11th 2025 | UBS | Resumed | Buy | $176 |
| July 14th 2025 | Citizens JMP | Downgrade | Market Perform | - |
| July 9th 2025 | HSBC Securities | Downgrade | Hold | $142 |
| June 30th 2025 | Piper Sandler | Initiation | Overweight | $150 |
| May 14th 2025 | Morgan Stanley | Upgrade | Overweight | $150 |
| April 15th 2025 | HSBC Securities | Upgrade | Buy | $119 |
| March 20th 2025 | Wells Fargo | Upgrade | Overweight | $141← $150 |
| January 30th 2025 | HSBC Securities | Downgrade | Hold | $173 |
| September 18th 2024 | HSBC Securities | Initiation | Buy | $148 |
| September 12th 2024 | Wells Fargo | Initiation | Equal Weight | $130 |
| August 27th 2024 | Redburn Atlantic | Initiation | Buy | $153 |
| January 4th 2024 | TD Cowen | Initiation | Outperform | $96 |
| November 30th 2023 | Oppenheimer | Reiterated | Outperform | $94← $91 |
| October 5th 2023 | Wolfe Research | Initiation | Outperform | $75 |
| May 19th 2023 | Citigroup | Initiation | Buy | $69 |
Earnings History & Surprises
KKREPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 29, 2026 | — | — | — | — |
Q1 2026 | Feb 3, 2026 | $1.39 | — | — | — |
Q4 2025 | Nov 7, 2025 | $1.30 | $1.41 | +8.5% | ✓ BEAT |
Q3 2025 | Jul 31, 2025 | $1.14 | $1.18 | +3.5% | ✓ BEAT |
Q2 2025 | May 1, 2025 | $1.13 | $1.15 | +1.8% | ✓ BEAT |
Q1 2025 | Feb 4, 2025 | $1.30 | $1.32 | +1.5% | ✓ BEAT |
Q4 2024 | Oct 24, 2024 | $1.20 | $1.38 | +15.0% | ✓ BEAT |
Q3 2024 | Jul 31, 2024 | $1.06 | $1.09 | +2.8% | ✓ BEAT |
Q2 2024 | May 1, 2024 | $0.96 | $0.97 | +1.0% | ✓ BEAT |
Q1 2024 | Feb 6, 2024 | $0.91 | $1.00 | +9.9% | ✓ BEAT |
Q4 2023 | Nov 7, 2023 | $0.82 | $0.88 | +7.3% | ✓ BEAT |
Q3 2023 | Aug 7, 2023 | $0.71 | $0.73 | +2.8% | ✓ BEAT |
Q2 2023 | May 8, 2023 | $0.74 | $0.81 | +9.5% | ✓ BEAT |
Q1 2023 | Feb 7, 2023 | $0.86 | $0.92 | +7.0% | ✓ BEAT |
Q4 2022 | Nov 1, 2022 | $0.84 | $0.93 | +10.7% | ✓ BEAT |
Q3 2022 | Aug 2, 2022 | $0.93 | $0.95 | +2.2% | ✓ BEAT |
Q2 2022 | May 3, 2022 | $0.98 | $1.10 | +12.2% | ✓ BEAT |
Q1 2022 | Feb 8, 2022 | $1.21 | $1.59 | +31.4% | ✓ BEAT |
Q4 2021 | Nov 2, 2021 | $0.93 | $1.05 | +12.9% | ✓ BEAT |
Q3 2021 | Aug 3, 2021 | $0.84 | $1.05 | +25.0% | ✓ BEAT |
Latest News
'KKR Is Said To Emerge As Frontrunner To Buy Japan's Taiyo' - Bloomberg
📈 PositiveCoty Sold Its Remaining 25.8% Stake In Wella To KKR Managed Capital Accounts And Investment Affiliates For An Upfront Cash Consideration Of $750M And 45% Of Any Proceeds From A Further Sale Or An Initial Public Offering Of The Business, After KKR's Preferred Return Has Been Met
📈 Positive'KKR Nears Viridor Stake Sale To Equitix; KKR Is Nearing A Multibillion-Pound Deal To Sell Up To Half Of Its UK Waste Management Group Viridor To The Infrastructure Investor Equitix' - Financial Times
📈 PositiveKKR Invests $220M In Premialab To Support Global Growth And Scaling Of QIS Data, Analytics, Risk Management And Execution Product
📈 PositiveHA Sustainable Infrastructure Capital And KKR Agree To Make Additional Capital Commitment Of $500M Each For Combined Total Of $1B Of New Investment Capacity Into CarbonCount
📈 Positive'KKR poised to make rival bid for Japan personal care products maker Mandom'- Nikkei Asia
📈 PositiveKKR Lodges Counterproposal For Mandom At Over 2,800 Japanese Yen Per Share, Nikkei Says
📈 PositiveBarclays Maintains Overweight on KKR, Raises Price Target to $169
📈 PositiveCinven, KKR And Providence Sell Stake In MasOrange For €4.25 Billion
➖ NeutralUBS Initiates Coverage On KKR with Buy Rating, Announces Price Target of $176
📈 PositiveShares of stocks in the broader financial sector are trading higher amid overall market strength following the Fed's rate cut announcement.
📈 PositiveKKR Delivers €300M Whole Loan Financing For Tristan Capital Partners' easyHotel Acquisition, Backed By 48 Hotels And 4,700 Rooms Across Europe
📈 Positive'Blackstone, Apollo and KKR sign up to UK stress test of private credit' - Financial Times
➖ NeutralKKR Boosts Investment In Major Indian School Network Serving 190,000 Students Daily
📈 PositiveShares of banks and financial services stocks are trading higher after NY Fed President Williams indicated he sees room for a further policy adjustment in the near term. This has lifted overall market sentiment.
📈 PositivePayPal Agrees To Sell 65B Euros Of Buy Now, Pay Later Loan Receivables To KKR
📈 PositiveReported Sunday, KKR Delivers $750M To Chandra Asri Group To Support Esso Retail Network Acquisition
📈 Positive'Wall Street CEOs Flock To White House Dinner With Trump' - Financial Times
➖ NeutralSallie Mae Collaborates With KKR To Buy Initial Seed Portfolio Of Private Education Loans
📈 PositiveBarclays Maintains Overweight on KKR, Raises Price Target to $154
📈 PositiveFrequently Asked Questions about KKR
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