← KKR & Co. Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $2.5b | $1.9b | $1.8b | $2.3b | $5.4b | — | — | — | — | — | |
| Cash and Cash Equivalents | $2.5b | $1.9b | $1.8b | $2.3b | $5.4b | $10.1b | $12.8b | $20.3b | $14.9b | $16.9b | |
| Restricted Cash and Cash Equivalents | $212.2m | $56.3m | $196.4m | $74.3m | $485.6m | $434.7m | $561.8m | $459.6m | $489.5m | $259.6m | |
| Property, Plant and Equipment, Net | $283.3m | $364.2m | $451.2m | $633.0m | $760.6m | — | — | — | — | — | |
| Goodwill | $89.0m | $83.5m | $83.5m | $83.5m | $83.5m | — | — | — | — | — | |
| Intangible Assets, Net (Excluding Goodwill) | $135.0m | $129.2m | $9.9m | — | — | — | — | — | — | — | |
| Insurance Intangible Assets | — | — | — | — | $0 | $1.4b | $1.7b | $4.5b | $5.2b | $5.9b | |
| Operating Lease, Right-of-Use Asset | — | — | — | $121.1m | $190.8m | — | — | — | — | — | |
| Other Assets | $3.0b | $2.5b | $2.5b | $2.0b | $2.7b | $7.9b | $11.7b | $9.9b | $11.8b | $13.0b | |
| Additional Financial Items | |||||||||||
| Partners' Capital | $5.9b | $7.2b | — | — | — | — | — | — | — | — | |
| Investments | $31.4b | $39.0b | $44.9b | $54.9b | $69.3b | $212.5b | $216.6b | $240.0b | $276.6b | $320.0b | |
| Due from Affiliates | $250.5m | $554.3m | $657.2m | $717.4m | $873.0m | $1.2b | $1.7b | $1.4b | $1.9b | $2.3b | |
| Reinsurance Recoverable | — | — | — | — | $0 | $25.1b | $27.9b | $36.6b | $45.3b | $48.0b | |
| Separate Account Assets | — | — | — | — | $0 | $5.6b | $4.1b | $4.1b | $4.0b | $3.8b | |
| Debt Obligations | $18.5b | $21.2b | $22.3b | $27.0b | $33.4b | $38.6b | $42.7b | $47.5b | $49.6b | $52.9b | |
| Due to Affiliates | $359.5m | $323.8m | $275.6m | $286.1m | $325.2m | $462.7m | $466.1m | $538.1m | $524.5m | $442.4m | |
| Policy Liabilities (market risk benefit liabilities: $1,349,774 and $1,002,236, as of December 31, 2025 and December 31, 2024, respectively.) | — | — | — | — | $0 | $126.5b | $141.2b | $35.6b | $53.6b | $205.6b | |
| Funds Withheld Payable at Interest | — | — | — | — | $0 | $23.5b | $22.7b | $34.3b | $44.0b | $46.8b | |
| Reinsurance Liabilities | — | — | — | — | $0 | $378.5m | $1.1b | $1.4b | $1.2b | $1.2b | |
| Separate Account Liabilities | — | — | — | — | $0 | $5.6b | $4.1b | $4.1b | $4.0b | $3.8b | |
| Total KKR & Co. Inc. Stockholders' Equity | — | $7.2b | $8.6b | $10.8b | $13.7b | $17.6b | $17.7b | $22.9b | $23.7b | $30.9b | |
| Total Equity | $16.5b | $20.1b | $24.3b | $30.5b | $40.8b | $58.1b | $53.5b | $57.8b | $60.4b | $78.9b | |
| Assets | $39.0b | $45.8b | $50.7b | $60.9b | $79.8b | — | $275.3b | $317.3b | $360.1b | $410.1b | |
| Total Assets | $39.0b | $45.8b | $50.7b | $60.9b | $79.8b | $528.6b | $554.2b | $317.3b | $360.1b | $410.1b | |
| LIABILITIES AND EQUITY | |||||||||||
| Accrued Expenses and Other Liabilities | $3.0b | $3.7b | $2.7b | $3.1b | $5.3b | $11.2b | $11.1b | $11.0b | $13.6b | $17.7b | |
| Deferred Income Tax Liabilities, Net | — | — | — | — | $199.4m | — | — | — | — | — | |
| Long-term Debt | $18.7b | $21.4b | $22.6b | $27.2b | $33.5b | $36.9b | — | — | — | — | |
| Deferred Tax Liabilities, Net | — | — | — | — | $115.6m | — | — | — | — | — | |
| Liabilities | $21.9b | $25.2b | $25.4b | $30.4b | $39.0b | — | $220.0b | $258.9b | $298.1b | $328.5b | |
| Total Liabilities | $21.9b | $25.2b | $25.4b | $30.4b | $39.0b | $412.3b | $446.8b | $258.9b | $298.1b | $328.5b | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | $632.3m | $610.5m | $1.1b | $0 | — | $82.5m | $152.1m | $615.4m | $1.6b | $2.7b | |
| Redeemable Noncontrolling Interests (See Note 23) | $632.3m | $610.5m | $1.1b | $0 | $0 | $82.5m | $152.1m | $615.4m | $1.6b | $2.7b | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | — | — | $482.6m | $482.6m | — | — | — | — | — | — | |
| Common Stock, Value, Issued | — | — | — | — | $5.7m | $6.0m | $8.6m | $8.8m | $8.9m | $8.9m | |
| Additional Paid in Capital | — | $0 | $8.1b | $8.6b | $8.7b | $9.0b | $16.3b | $17.5b | $18.4b | $19.0b | |
| Retained Earnings (Accumulated Deficit) | — | $0 | $92.0m | $1.8b | $3.4b | $7.7b | $6.7b | $9.8b | $12.3b | $13.9b | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | — | ($39.6m) | ($41.6m) | ($18.6m) | ($209.8m) | ($5.3b) | ($4.5b) | ($7.0b) | ($4.6b) | |
| Preferred stock | — | $0 | $482.6m | $482.6m | $1.6b | $1.1b | $1.1b | $0 | $0 | $2.5b | |
| Common Stock, $0.01 par value. $3,500,000,000 shares authorized, 891,451,844 and $888,232,174 shares, issued and outstanding as of December 31, 2025 and December 31, 2024, respectively. | — | 0 | 8.3m | 8.5m | 5.7m | 6.0m | 8.6m | 8.8m | 8.9m | 8.9m | |
| Accumulated Other Comprehensive Income (Loss) ("AOCI") | — | ($19.5m) | ($39.6m) | ($41.6m) | ($18.6m) | ($209.8m) | ($5.9b) | ($4.5b) | ($7.0b) | ($4.6b) | |
| Stockholders' Equity Attributable to Parent | — | — | $8.6b | $10.8b | $13.7b | $17.6b | $18.8b | $22.9b | $23.7b | $30.9b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | $15.6b | $19.7b | $27.1b | $40.5b | $36.4b | $34.9b | $36.7b | $48.0b | |
| Partners' Capital, Including Portion Attributable to Noncontrolling Interest | $16.5b | $20.1b | — | — | — | — | — | — | — | — | |
| Noncontrolling Interests (See Note 22) | $10.5b | $12.9b | $15.6b | $19.7b | $27.1b | $40.5b | $35.8b | $34.9b | $36.7b | $48.0b | |
| Liabilities and Equity | $39.0b | $45.8b | $50.7b | $60.9b | $79.8b | $264.3b | $275.3b | $317.3b | $360.1b | $410.1b | |
| Total Liabilities and Equity | $39.0b | $45.8b | $50.7b | $60.9b | $79.8b | $264.3b | $277.1b | $317.3b | $360.1b | $410.1b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.