FS KKR Capital Corp. Reports Q1 2025 Results

Fs Kkr Capital ( (FSK) ) has released its Q1 earnings. Here is a breakdown of the information Fs Kkr Capital presented to its investors.

FS KKR Capital Corp. is a publicly traded business development company specializing in providing customized credit solutions to private middle market U.S. companies, primarily investing in senior secured debt. The company, advised by FS/KKR Advisor, LLC, focuses on supporting private enterprises with tailored financial solutions.

In its first quarter of 2025, FS KKR Capital Corp. reported a net investment income of $0.67 per share, a slight increase from the previous quarter. The company declared a second-quarter distribution of $0.70 per share, reflecting its strategy to maintain stable distributions amid market volatility.

Key financial highlights include a total net realized and unrealized loss of $0.24 per share, an increase in net debt to equity ratio to 114%, and total investments valued at $14.1 billion. The company originated approximately $2.0 billion in new investments, with a significant portion in senior secured securities.

Despite a decrease in earnings per share to $0.43 from the previous quarter, FS KKR Capital Corp. continues to focus on building spillover income and maintaining a robust investment portfolio. The weighted average annual yield on accruing debt investments was slightly down to 11.0%.

Looking ahead, FS KKR Capital Corp. remains committed to its strategic approach of leveraging spillover income and maintaining stable distributions, as it navigates the current economic landscape and market conditions.