KKR & Co (KKR) AI Stock Analysis

• Market Cap: $105.78B
• Dividend Yield: 0.62%
• Average Volume (3M): 4.94M
• Price to Earnings (P/E): 50.6
• Beta (1Y): 1.89
• Revenue Growth: -33.80%
• EPS Growth: -24.81%
• Country: US
• Employees: 4,834
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 1.41
• Shares Outstanding: 891,353,400
• 10 Day Avg. Volume: 5,280,975
• 30 Day Avg. Volume: 4,939,294
• PEG Ratio: -2.35
• Price to Book (P/B): 5.55
• Price to Sales (P/S): 6.06
• P/FCF Ratio: 20.16
• Enterprise Value/Market Cap: 1.93
• Enterprise Value/Revenue: 12.17
• Enterprise Value/Gross Profit: 31.47
• Enterprise Value/Ebitda: 25.26
• 1Y Price Target: $157.20
• Price Target Upside: 32.47% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): 5.13
• Revenue Forecast (FY): $8.33B

• Rating: 67 Neutral
• Price Target: $134.00 ▲(12.92% Upside)

KKR's overall stock score reflects strong earnings performance and positive sentiment from the latest earnings call, which are offset by high valuation concerns and technical indicators suggesting potential overbought conditions. The company's high leverage and low dividend yield also weigh on the score.

Positive Factors

Strategic Partnership

The multi-year partnership with Sallie Mae enhances KKR's credit portfolio, providing a stable revenue stream and expanding its market reach in education finance.

Management Fee Growth

The significant increase in management fees indicates strong asset management performance and successful fundraising, supporting long-term revenue stability.

Record Capital Raising

Record capital raising enhances KKR's investment capacity, positioning it well for future opportunities and reinforcing its competitive market position.

Negative Factors

High Leverage

High leverage can limit financial flexibility and increase risk, potentially impacting KKR's ability to invest in new opportunities or weather economic downturns.

Asia II Fund Underperformance

Underperformance of the Asia II fund may lead to financial charges and impact investor confidence, potentially affecting future fundraising efforts.

Clawback Risk

The clawback risk from the Asia II fund highlights potential financial liabilities, which could strain earnings and affect KKR's profitability.

KKR & Co Business Overview & Revenue Model

Company Description

KKR & Co. Inc. (KKR) is a leading global investment firm that specializes in private equity, energy, infrastructure, real estate, and credit. Founded in 1976, KKR operates across multiple sectors, leveraging its deep industry expertise to create long-term value for its investors. The firm offers a range of investment strategies, including direct investments, fund management, and capital markets solutions, catering to institutional investors, corporations, and high-net-worth individuals worldwide.

How the Company Makes Money

KKR generates revenue primarily through management fees and performance fees associated with its investment funds. Management fees are typically charged as a percentage of the total assets under management (AUM) and are a stable source of income for the firm. Performance fees, often referred to as carried interest, are earned when the returns on the investments exceed a predetermined threshold, aligning KKR's interests with those of its investors. Additionally, KKR earns revenue from its credit and capital markets activities, including loan origination and syndication. The firm also benefits from strategic partnerships and collaborations with other investment firms, corporations, and financial institutions, enhancing its investment capabilities and expanding its market reach.

KKR & Co Financial Statement Overview

Summary

KKR shows mixed financial performance with revenue growth and a stable EBITDA margin. However, declining profit margins and high leverage are concerns. The balance sheet indicates a need for improved debt management, and cash flow challenges highlight potential liquidity issues.

Income Statement

KKR's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) revenue growth rate of 5.93% is a positive indicator, suggesting a recovery from previous years. However, the gross profit margin has decreased over the years, indicating potential cost management issues. The net profit margin has also declined from 29.38% in 2021 to 12.82% in the TTM period, reflecting reduced profitability. Despite these challenges, the company has maintained a positive EBITDA margin, which is a strength.

Balance Sheet

KKR's balance sheet reflects a high debt-to-equity ratio of 1.86 in the TTM period, which is an improvement from previous years but still indicates significant leverage. The return on equity has decreased from 26.92% in 2021 to 7.93% in the TTM period, showing reduced efficiency in generating returns for shareholders. The equity ratio remains stable, suggesting a balanced asset structure.

Cash Flow

The cash flow statement reveals challenges, with a significant decline in free cash flow growth rate by 39.32% in the TTM period. The operating cash flow to net income ratio is low at 0.086, indicating potential issues in converting income into cash. However, the free cash flow to net income ratio remains strong at 0.96, suggesting that the company is still able to generate cash relative to its net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	16.78B	21.64B	14.32B	5.57B	16.11B	4.23B
Gross Profit	6.49B	3.84B	4.86B	2.01B	6.90B	2.08B
EBITDA	8.08B	9.17B	9.50B	1.35B	14.98B	6.70B
Net Income	3.29B	3.08B	3.73B	-521.66M	4.73B	2.00B
Balance Sheet
Total Assets	398.48B	360.10B	317.29B	275.35B	264.29B	79.81B
Cash, Cash Equivalents and Short-Term Investments	134.09B	112.56B	108.57B	12.82B	10.09B	6.51B
Total Debt	54.45B	50.82B	49.39B	44.07B	39.59B	33.62B
Total Liabilities	323.08B	298.11B	258.92B	219.98B	206.15B	39.01B
Stockholders Equity	29.75B	23.65B	22.86B	18.81B	17.58B	13.72B
Cash Flow
Free Cash Flow	5.09B	6.51B	-1.60B	-5.36B	-7.28B	-6.11B
Operating Cash Flow	5.27B	6.65B	-1.49B	-5.28B	-7.18B	-5.95B
Investing Cash Flow	-14.30B	-19.05B	-3.88B	-13.65B	-9.61B	-153.39M
Financing Cash Flow	16.92B	7.08B	12.77B	22.06B	20.36B	9.80B

KKR & Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 118.67
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KKR, the sentiment is Negative. The current price of 118.67 is below the 20-day moving average (MA) of 118.86, below the 50-day MA of 125.77, and below the 200-day MA of 127.10, indicating a bearish trend. The MACD of -2.18 indicates Negative momentum. The RSI at 46.92 is Neutral, neither overbought nor oversold. The STOCH value of 38.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KKR.

KKR & Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BLK	71 Outperform	$165.54B	26.37	12.61%	2.09%	15.79%	-3.85%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
KKR	67 Neutral	$105.78B	50.56	8.73%	0.62%	-33.80%	-24.81%
AMP	64 Neutral	$41.58B	12.27	59.59%	1.40%	5.76%	39.77%
CG	64 Neutral	$18.64B	28.78	11.85%	2.71%	-24.62%	437.16%
ARES	64 Neutral	$48.19B	62.81	18.64%	2.88%	50.70%	7.32%
BX	63 Neutral	$174.03B	40.92	35.17%	3.29%	33.12%	19.86%

KKR & Co Corporate Events

KKR’s Earnings Call: Strong Growth Amid Challenges

KKR’s recent earnings call showcased a robust financial performance, underscored by strong earnings and significant growth in management fees and capital raising activities. Despite facing challenges with the underperformance of the Asia II fund and related clawback risks, the company’s overall financial health and strategic initiatives, including impressive private wealth performance and credit platform expansion, contribute to a positive outlook for the future.

KKR Reports Record Earnings and Capital Growth

KKR & Co. Inc., a prominent global investment firm, specializes in alternative asset management, capital markets, and insurance solutions, aiming to deliver attractive returns through a disciplined investment approach. In its third quarter 2025 earnings report, KKR announced record levels in management fees, fee-related earnings, and adjusted net income, alongside a significant $43 billion in new capital raised, marking the highest quarterly figure in over four years. Key financial highlights include a 16% year-over-year increase in assets under management to $723 billion, with fee-paying assets reaching $585 billion. The firm also reported a 15% rise in total operating earnings over the last 12 months, driven by growth in fee-related earnings. Additionally, KKR’s strategic acquisition of HealthCare Royalty Partners and a $2 billion partnership with Japan Post Insurance were notable developments. Looking ahead, KKR remains well-positioned with $126 billion in dry powder to navigate the current market environment and continue supporting its clients and investors.

KKR & Co Releases Asset-Based Finance Overview

KKR & Co. Inc. has released a presentation titled ‘Asset-Based Finance Overview’ on its website for its common stockholders and analysts. This move highlights KKR’s commitment to transparency and providing essential financial information to its stakeholders, potentially impacting its market positioning by enhancing investor confidence.

The most recent analyst rating on (KKR) stock is a Buy with a $155.00 price target. To see the full list of analyst forecasts on KKR & Co stock, see the KKR Stock Forecast page.

KKR & Co Appoints Craig Arnold to Board

On September 23, 2025, KKR & Co. Inc. appointed Craig Arnold, former Chairman and CEO of Eaton Corporation, to its Board of Directors, increasing the number of independent directors to eleven out of fifteen. This strategic move is expected to enhance KKR’s governance structure and potentially influence its strategic direction, given Arnold’s extensive experience in global power management.

The most recent analyst rating on (KKR) stock is a Buy with a $165.00 price target. To see the full list of analyst forecasts on KKR & Co stock, see the KKR Stock Forecast page.

KKR & Co’s Global Atlantic Investor Presentation Released

On September 19, 2025, The Global Atlantic Financial Group LLC, a subsidiary of KKR & Co. Inc., released a presentation titled ‘2025 Global Atlantic Investor Presentation’ on its website. This presentation aims to provide additional information for Global Atlantic bondholders, highlighting the company’s use of its website as a key distribution channel for financial and other significant information.

The most recent analyst rating on (KKR) stock is a Buy with a $165.00 price target. To see the full list of analyst forecasts on KKR & Co stock, see the KKR Stock Forecast page.