KKR

KKR & Co. Inc.

Ticker: KKRFinancialsBanks & BrokersS&P 500
HQ NEW YORK, NYCIK 1404912FY end 12-31Book / share $32.69Shares 950M
Revenue (FY)
$19.46B-11.04%
TTM $21.31B
Op. margin
-11.94%-2.16%
Net income
$6.15B+25.26%
TTM $5.51B
Operating cash
$477.76M-92.82%
TTM $2.49B
Free cash flow
$477.76M-92.82%
TTM $2.49B
Return on equity
7.67%-5.34%
TTM 10.15%
Debt / equity
1.71-0.39%
TTM 1.72
Shares outstanding
955.8M+1.79%
TTM 949.9M

The business

KKR & Co. Inc. (NYSE: KKR) is a leading global investment firm that provides alternative asset management, capital markets services, and insurance solutions. Founded in 1976, KKR pioneered the leveraged buyout strategy and has evolved from a U.S.-focused private equity firm into a diversified global alternative asset manager. The company operates through three primary business segments: Asset Management, Insurance, and Strategic Holdings.

The Asset Management segment manages $525 billion in assets under management across five business lines. Private Equity, representing $229 billion in AUM, encompasses traditional private equity, core private equity, and growth equity strategies investing across North America, Europe, and Asia Pacific. Real Assets totals $192 billion in AUM and includes infrastructure, real estate, and energy investments. Credit and Liquid Strategies represents $322 billion in AUM, comprising leveraged credit, alternative credit including asset-based finance and corporate credit, and hedge fund partnerships. The Capital Markets business line provides debt and equity financing, securities underwriting, and syndication services. Principal Activities manages the firm's asset management balance sheet through co-investments alongside clients.

The Insurance segment, operating under the Global Atlantic brand, is a leading retirement and life insurance company with $219 billion in AUM. Global Atlantic generates income through spreads between investment income and insurance liabilities, offering protection, legacy, and savings products to individual and institutional markets. KKR acquired a majority stake in Global Atlantic in February 2021 and completed full acquisition in January 2024.

KKR maintains a global platform with 36 offices across four continents and approximately 4,200 employees in asset management and insurance, plus approximately 800 additional employees in subsidiary organizations. The company serves an institutional investor base spanning 65 countries, including pension funds, sovereign wealth funds, endowments, and insurance companies, alongside growing private wealth segments through K-Series vehicles and strategic partnerships. The firm's business model emphasizes long-duration capital, with approximately 92 percent of AUM consisting of capital with at least eight-year duration at inception or longer, including perpetual capital vehicles. KKR maintains significant alignment with investors through approximately $30 billion of capital invested or committed by the firm and its employees in its own funds and portfolio companies.

Sector
Financials
Industry
Banks & Brokers
HQ
NEW YORK, NY
FY end
12-31
CIK
1404912
SIC
6282
Financial performance · annual
20132025
$-2.65B$4.04B$10.73B$17.42B$24.11B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds KKR & Co. Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

722
funds hold it
3 of 35
superinvestors hold it
$24.90B
fund-held value
29.1%
of shares held by funds
10
bond issues held by funds

Top fund holders

Fund% of fundValue
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.09%$1.96B
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.10%$1.64B
Growth Fund of America
AGTHX
0.44%$1.59B
MidCap Fund
PMBMX · Principal Funds, Inc
4.31%$1.09B
Washington Mutual Investors Fund
AWSHX
0.49%$1.04B

Superinvestors in KKR & Co. Inc.

Chuck AkreDECREASED -25.8%
Akre Capital Management
9.0%
Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
1.0%
Bill NygrenDECREASED -7.0%
Harris Associates (Oakmark)
<0.1%

Share of each manager's reported 13F portfolio.

Bonds held by funds

Funds report holding 10 issues of KKR & Co. Inc.'s debt, $996.04M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 6.59%, maturing 20292056.

IssueCouponMaturesFundsFund-held
Global Atlantic Fin Co7.250%2056-03-0195$290.20M
Global Atlantic Fin Co7.950%2054-10-1597$236.25M
KKR & Co Inc5.100%2035-08-0760$162.83M
Global Atlantic (Fin) Co.6.750%2054-03-1547$94.25M
GBLATL 7.95 06/15/33 144A7.950%2033-06-1538$58.10M
GBLATL 3.125 06/15/31 144A3.125%2031-06-1543$54.86M
GBLATL 4.4 10/15/29 144A4.400%2029-10-1525$51.42M
KKR Financial Holdings LLC5.400%2033-05-236$47.20M
Global Atlantic Fin Co.4.700%2051-10-154$0.75M
GBLATL 7.95 10/15/547.950%2054-10-151$0.19M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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15 years of KKR & Co. Inc.'s financials

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