KKR & Co (KKR) AI Stock Analysis

• Market Cap: $105.43B
• Dividend Yield: 0.61%
• Average Volume (3M): 4.81M
• Price to Earnings (P/E): 56.8
• Beta (1Y): 1.96
• Revenue Growth: -24.62%
• EPS Growth: -48.96%
• Country: US
• Employees: 4,834
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 1.18
• Shares Outstanding: 890,948,700
• 10 Day Avg. Volume: 4,342,520
• 30 Day Avg. Volume: 4,814,391
• 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: 1.96
• Enterprise Value/Revenue: 12.94
• Enterprise Value/Gross Profit: 73.81
• Enterprise Value/Ebitda: 23.68
• 1Y Price Target: $162.25
• Price Target Upside: 37.12% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 60 Neutral
• Price Target: $127.00 ▲(7.33% Upside)

KKR's overall stock score reflects a mixed financial performance with strong earnings call results. The company's strategic initiatives and growth in fee-related earnings are significant positives. However, high valuation and technical indicators suggest caution. Improving profitability and managing leverage are key areas for future focus.

Positive Factors

Strong Fee-Related Earnings

The growth in fee-related earnings indicates a robust business model that effectively generates stable revenue, enhancing long-term financial stability.

Strategic Expansion in Asia

Expansion in Asia positions KKR to capitalize on emerging market opportunities, diversifying revenue streams and strengthening its global market presence.

Growth in Asset-Based Finance

The significant growth in asset-based finance reflects KKR's ability to innovate and expand its investment offerings, supporting long-term revenue growth.

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.

Declining Profit Margins

Decreasing profit margins suggest challenges in cost management and profitability, which could affect KKR's long-term financial health and shareholder returns.

Cash Flow Challenges

Declining cash flow growth can hinder KKR's ability to fund operations and investments, posing a risk to its long-term financial sustainability.

KKR & Co Business Overview & Revenue Model

Company Description

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.

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 demonstrates robust revenue and cash flow growth, with strong operational cash generation reflected in solid EBITDA margins. However, high debt levels pose leverage risks, despite stable equity ratios and moderate ROE. Overall, KKR is on a positive growth trajectory with effective cash management, though with caution advised regarding leverage.

Income Statement

KKR shows strong revenue growth with a significant increase from $5.56 billion in 2022 to $15.09 billion TTM (Trailing-Twelve-Months) in 2025, indicating a positive growth trajectory. The gross profit margin is healthy at 18.1%, although the net profit margin is lower at 14.6% due to high operational costs, as indicated by negative EBIT during TTM. EBITDA margin is strong at 56.3%, reflecting robust operational cash generation despite volatility in operating income.

Balance Sheet

KKR maintains a high debt-to-equity ratio of 1.85, signaling potential leverage risks. However, the equity ratio of 7.4% is relatively stable, showing that a portion of assets is financed by equity. Return on equity is moderate at 8.04%, suggesting efficient use of equity to generate profits amidst high leverage.

Cash Flow

Strong free cash flow growth from negative in 2022 to $7.53 billion TTM in 2025 highlights improved cash generation. Operating cash flow to net income ratio of 3.48 shows efficient cash conversion. The free cash flow to net income ratio of 3.41 indicates effective management in turning profits into cash, supporting financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.99B	21.64B	14.32B	5.57B	16.11B	4.23B
Gross Profit	2.80B	3.84B	4.86B	2.01B	6.90B	2.08B
EBITDA	8.74B	9.17B	9.50B	1.35B	14.98B	6.70B
Net Income	2.05B	3.08B	3.73B	-521.66M	4.73B	2.00B
Balance Sheet
Total Assets	380.87B	360.10B	317.29B	275.35B	264.29B	79.81B
Cash, Cash Equivalents and Short-Term Investments	41.19B	112.56B	108.57B	12.82B	10.09B	6.51B
Total Debt	52.48B	50.82B	49.39B	44.07B	39.59B	33.62B
Total Liabilities	309.90B	298.11B	258.92B	219.98B	206.15B	39.01B
Stockholders Equity	28.22B	23.65B	22.86B	18.81B	17.58B	13.72B
Cash Flow
Free Cash Flow	4.57B	6.51B	-1.60B	-5.36B	-7.28B	-6.11B
Operating Cash Flow	4.75B	6.65B	-1.49B	-5.28B	-7.18B	-5.95B
Investing Cash Flow	-12.41B	-19.05B	-3.88B	-13.65B	-9.61B	-153.39M
Financing Cash Flow	9.56B	7.08B	12.77B	22.06B	20.36B	9.80B

KKR & Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 118.33
• 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 118.33 is below the 20-day moving average (MA) of 121.57, below the 50-day MA of 132.00, and below the 200-day MA of 130.21, indicating a bearish trend. The MACD of -3.70 indicates Negative momentum. The RSI at 37.43 is Neutral, neither overbought nor oversold. The STOCH value of 21.19 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	―	$176.70B	27.83	―	1.91%	15.96%	-3.84%
BX	―	$180.81B	42.71	35.17%	2.63%	31.91%	19.86%
CG	―	$19.29B	15.56	23.07%	2.47%	101.10%	―
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AMP	―	$42.68B	14.09	59.59%	1.36%	7.11%	9.89%
ARES	―	$48.12B	86.11	13.92%	2.88%	45.89%	-9.53%
KKR	―	$105.43B	56.75	8.22%	0.61%	-24.62%	-48.96%

KKR & Co Corporate Events

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.

KKR & Co Completes $900M Senior Notes Offering

On August 7, 2025, KKR & Co. Inc. completed the offering of $900 million in 5.100% Senior Notes due 2035, guaranteed by KKR Group Partnership L.P. The notes, issued under an indenture with The Bank of New York Mellon Trust Company, are unsecured and unsubordinated, with covenants limiting certain financial actions by the issuer and guarantor. The offering was underwritten by major financial institutions, including Morgan Stanley and Goldman Sachs, and involved customary agreements and indemnifications.

The most recent analyst rating on (KKR) stock is a Buy with a $175.00 price target. To see the full list of analyst forecasts on KKR & Co stock, see the KKR Stock Forecast page.

KKR Reports Strong Q2 2025 Financial Growth

KKR & Co. Inc. is a global investment firm known for its alternative asset management, capital markets, and insurance solutions, focusing on generating attractive investment returns through a disciplined approach and strategic partnerships.

KKR Earnings Call: Strong Growth Amid Minor Concerns

Kohlberg Kravis Roberts (KKR) recently held its earnings call, reflecting a robust performance characterized by significant growth in fee-related earnings, management fees, and successful fundraising efforts. Despite minor concerns about the insurance segment and deployment timing, these issues did not overshadow the overall positive developments reported during the call.