KKR & Co. Inc.

KKR & Co. Inc.

KKRยทNYSE

$90.53

-4.2%
Financial ServicesAsset Management

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.

At a Glance

Live Snapshot
Market Cap$81.28B
EPS2.5100
P/E Ratio36.07
Earnings Date07/30/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 36.1).

Valuation inputs: P/E 36.1, earnings yield +2.8%, momentum -4.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +7.7%, ROIC +0.1%).

Profitability stack: net margin +12.3%, ROE +7.7%, ROIC +0.1%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +80.1%, momentum -4.2%, net margin +12.3%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

kkr

KKR & Co. Inc. Market vs Earnings Trajectory

KKR ยท NYSE

Loading price and EPS data...

KKR & Co. Inc.

KKR & Co. Inc. Fair Value Envelope

KKR ยท NYSE

Our analysis suggests that KKR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $90.53, this represents a potential HIDDEN relative to our calculated worth for KKR & Co. Inc..

Intrinsic Value
Current Price: $90.53
3Y-418.0%
5Y-27.0%
10Y+292.0%
3Y+246.0%
5Y+355.0%
10Y+844.0%
3Y-554.0%
5Y+18.0%
10Y+666.0%
3Y-283.0%
5Y-263.0%
10Y-772.0%
3Y-278.0%
5Y-256.0%
10Y-732.0%
3Y+49.0%
5Y+414.0%
10Y+952.0%
KKR & Co. Inc.

KKR & Co. Inc. Profit Bridge

KKR ยท NYSE
Revenue19.26B
Cost of Goods Sold (11.21B)
Gross Profit8.06B
Operating Expenses (7.59B)
Operating Income461.96M
Interest Expense (2.30B)
Other Income/Expense6.64B
Pretax Income7.10B
Income Tax (953.75M)
Net Income2.37B
Net Income
2.37B

Profitability Analysis

Gross Margin

41.8%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

2.4%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

12.3%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

13.4%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

41.82%
Gross Profit Margin
136%
3Y+16.0%
5Y-15.0%
10Y-13.0%
2.40%
Operating Profit Margin
-44%
3Y-139.0%
5Y-92.0%
10Y-86.0%
12.31%
Net Profit Margin
-13%
3Y-231.0%
5Y-74.0%
10Y-19.0%
7.67%
Return on Equity
-41%
3Y-377.0%
5Y-47.0%
10Y-
0.58%
Return on Assets
-32%
3Y-405.0%
5Y-77.0%
10Y-27.0%
0.10%
Return on Invested Capital
-61%
3Y-170.0%
5Y-94.0%
10Y-89.0%
KKR

KKR & Co. Inc. Cash Conversion Engine

KKR ยท NYSE
Net Income2.37B
Depreciation & Amortization0.00
Stock-Based Compensation616.91M
Change in Working Capital2.85B
Others3.85B
Capital Expenditures-160.76M
Free Cash Flow9.52B

Cash Flow Quality Analysis

FCF Conversion Rate

401.7%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

1.7%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+46.3%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$2.85B

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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KKR & Co. Inc. Funding & Solvency Profile

KKR ยท NYSE
Cash & Cash Equivalents6.16M
Net Receivables0.00
Inventory0.00
Other Current Assets71.24B
Total Current Assets71 B
Property, Plant & Equipment0.00
Goodwill & Intangible Assets8.78B
Long-Term Investments320.45B
Other Non-Current Assets9.66B
Total Non-Current Assets330 B
Total Assets
410.14B

Financial Health Analysis

Current Ratio

79.85x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

4.02x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

70 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

17% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

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KKR & Co. Inc. Street Expectations Map

KKR ยท NYSE

Wall Street analysts project that KKR stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 141.14, with estimates ranging from a low of 119.00 to a high of 187.00.

Lowest Target
119.00
31.45%
Consensus Target
141.14
55.90%
Highest Target
187.00
106.56%

The consensus 1-year price target stands at 141.14, with estimates ranging from a low of 119.00 to a high of 187.00.

Analyst Consensus Analysis

Upside Potential

+55.9%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

48.2% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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KKR & Co. Inc. Insider Positioning

KKR ยท NYSE

During the last 12 months, insiders have purchased $28.43M and sold $116.83M worth of KKR shares, resulting in $88.40M of net selling activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

296.2K

28.43M

Sold

0

0.00

Net Activity

+28.4M

+$28.43M

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

809.9K

116.83M

Net Activity

-116.8M

-$116.83M

Top Buyers

1
BTR

Barakett Timothy R

Director

100.0K sharesโ€ข2 transactions

$9.97M

2
BJY

Bae Joseph Y

Director, Officer: Co-Chief Executive Officer

80.1K sharesโ€ข2 transactions

$7.53M

3
CM

Cohler Matt

Director

43.9K sharesโ€ข1 transactions

$4.51M

4
NSC

Nuttall Scott C

Director, Officer: Co-Chief Executive Officer

50.0K sharesโ€ข1 transactions

$4.39M

5
DMN

Dillon Mary N

Director

22.2K sharesโ€ข1 transactions

$2.02M

Top Sellers

1
RGR

Roberts George R

Director, Officer: Co-Executive Chairman

809.9K sharesโ€ข1 transactions

$116.83M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $88.40M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.24:1

Weak buy/sell ratio. Selling significantly exceeds buyingโ€”monitor for potential fundamental concerns.

Insider Participation

High Buying

5 insider buyers vs. 1 sellers. Broad-based buying across management team suggests widespread confidence.

0.20%
Dividend Yield
11%
3Y-40.0%
5Y-46.0%
10Y-85.0%
ย 

kkr Dividend History

KKR
10Y CAGR +2%
Latest $0.195
Annual $0.75
5 year growth trend
Last Period: +5%