← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.0b | $3.6b | $1.8b | $1.8b | $2.0b | $16.2b | $5.7b | $14.5b | $21.9b | $19.5b | |
| Operating expenses: | |||||||||||
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $26.4m | $17.8m | $7.7m | — | — | — | — | — | — | — | |
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded | — | — | — | — | — | — | $69.7m | $143.8m | $108.8m | $92.0m | |
| Depreciation, Depletion and Amortization, Nonproduction | $16.0m | $15.3m | $15.0m | $17.7m | $18.6m | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | $13.2b | ($1.5b) | $5.6b | $5.1b | $6.5b | |
| Investment Income, Interest | $1.0b | $1.2b | $1.4b | $1.4b | $1.4b | $1.5b | $1.9b | $3.4b | $3.5b | $3.2b | |
| Market Risk Benefit, Change in Fair Value, Gain (Loss) | — | — | — | — | — | — | — | ($224.4m) | — | ($312.4m) | |
| Preferred Stock Dividends and Other Adjustments | $22 | $33 | $33 | $33 | — | — | — | — | — | — | |
| Results of Operations, Depreciation, Depletion, Amortization and Accretion | $38.9m | $24.7m | $22.3m | $31.4m | $18.1m | — | — | — | — | — | |
| Fees and Other | $1.9b | $3.3b | $1.8b | $1.8b | $2.0b | $2.9b | $2.8b | $3.0b | $3.7b | $4.1b | |
| Capital Allocation-Based Income (Loss) | $935.1m | $2.0b | $554.5m | $2.4b | $2.2b | $6.8b | ($2.5b) | $2.8b | $3.6b | $3.8b | |
| Net Premiums | — | — | — | $0 | $0 | $2.2b | $1.2b | $2.0b | $7.9b | $3.4b | |
| Policy Fees | — | — | — | $0 | $0 | $1.1b | $1.3b | $1.3b | $1.4b | $1.4b | |
| Net Investment-Related Gains (Losses) | — | — | — | $0 | $0 | $203.8m | ($1.3b) | ($235.3m) | ($1.4b) | $1.3b | |
| Other Income | — | — | — | $0 | $0 | $120.2m | $139.1m | $176.4m | $238.4m | $256.8m | |
| Compensation and Benefits | $1.1b | $1.7b | $1.4b | $2.1b | $2.2b | $4.4b | $1.1b | $3.0b | $4.3b | $4.7b | |
| Occupancy and Related Charges | $64.6m | $58.7m | $59.7m | $62.7m | $72.1m | $69.1m | $77.3m | $93.4m | $117.1m | $135.9m | |
| General, Administrative and Other | $567.0m | $582.5m | $655.4m | $728.8m | $708.5m | $1.5b | $1.7b | $1.8b | $2.1b | $2.2b | |
| Net Policy Benefits and Claims (including market risk benefit (gain) loss of $312,446, $(147,790) and $224,380, respectively; remeasurement (gain) loss on policy liabilities: $(82,691), $(74,645) and $15,497, respectively.) | — | — | — | $0 | $0 | $5.1b | $3.2b | $6.4b | $13.3b | $10.7b | |
| Net Gains (Losses) from Investment Activities | $342.9m | $1.2b | $1.3b | $3.2b | $3.6b | $7.7b | ($1.7b) | $3.0b | $3.4b | $4.8b | |
| Dividend Income | $187.9m | $202.1m | $175.2m | $319.0m | $352.6m | $698.8m | $1.3b | $791.2m | $1.1b | $1.4b | |
| Interest Income | $1.0b | $1.2b | $1.4b | $1.4b | $1.4b | $1.5b | $1.9b | $3.4b | $3.5b | $3.2b | |
| Income (Loss) Before Taxes | $975.2m | $2.8b | $2.3b | $5.2b | $5.7b | $13.6b | ($1.1b) | $6.6b | $5.9b | $7.1b | |
| Convertible Preferred Stock Dividends | — | — | — | — | — | — | — | $51.7m | $0 | $118.6m | |
| Basic (in shares) | $448.9m | $468.3m | $514.1m | $545.1m | $562.8m | $582.3m | $749.5m | $867.5m | $887.0m | $890.3m | |
| Diluted (in shares) | $483.4m | $506.3m | $533.7m | $557.7m | $583.7m | $633.1m | $749.5m | $911.8m | $938.9m | $955.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $975.2m | $2.8b | $2.3b | $5.2b | $5.7b | $13.6b | ($1.1b) | $6.6b | $5.9b | $7.1b | |
| Net Investment Income | — | — | — | $0 | $0 | $2.8b | $4.1b | $5.5b | $6.6b | $7.7b | |
| Total Investment Income (Loss) | $762.6m | $1.8b | $2.0b | $3.9b | $4.4b | $8.8b | $1.4m | $4.4b | $5.0b | $6.6b | |
| Net Income (Loss) Attributable to Parent | $309.3m | $1.0b | $1.1b | $2.0b | $2.0b | $4.7b | ($841.1m) | $3.7b | $3.1b | $2.4b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $287.1m | $984.9m | $1.1b | $2.0b | $1.9b | $4.6b | ($910.1m) | $3.7b | $3.1b | $2.3b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $649.8m | $1.5b | $1.4b | $2.6b | $3.1b | $7.6b | ($185.2m) | $1.6b | $1.8b | $3.6b | |
| Net Income (Loss) Attributable to Redeemable Noncontrolling Interests | ($8.5m) | $74.0m | ($37.4m) | $0 | $0 | $4.1m | $2.8m | ($5.4m) | $73.1m | $155.1m | |
| Net Income (Loss) Attributable to Noncontrolling Interests | $649.8m | $1.5b | $1.4b | $2.6b | $3.1b | $7.6b | ($185.2m) | $1.6b | $1.8b | $3.6b | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | $649.8m | $1.5b | $1.4b | $2.6b | $3.1b | $7.6b | ($185.2m) | $1.6b | $1.8b | $3.6b | |
| Common Stock, Dividends, Per Share, Declared | $0.64 | $2.10 | $2.14 | $0.50 | $0.53 | $0.58 | $0.62 | $0.66 | $0.69 | $0.73 | |
| Diluted (in dollars per share) | $0.59 | $1.95 | $2.06 | $3.54 | $3.37 | $7.31 | ($1.21) | $4.09 | $3.28 | $2.34 | |
| Labor and Related Expense | $1.1b | $1.7b | $1.4b | $2.1b | $2.2b | $4.4b | $1.1b | $3.0b | $4.3b | $4.7b | |
| Deferred Policy Acquisition Costs, Amortization Expense | — | — | — | — | — | $23.5m | $84.4m | $150.4m | $235.3m | $328.7m | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $369.3m | $210.7m | $305.8m | $126.4m | |
| Operating Lease, Expense | — | — | — | $62.7m | $72.1m | — | — | — | — | — | |
| Amortization of Policy Acquisition Costs | — | — | — | $0 | $0 | ($65.9m) | $11.0m | $87.3m | $174.2m | $309.3m | |
| Insurance Expenses | — | — | — | $0 | $0 | $358.9m | $565.3m | $826.0m | $741.8m | $594.7m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $3.0b | $2.8b | |
| Interest Expense | $790.0m | $808.9m | $876.0m | $1.0b | $969.9m | $1.1b | $1.6b | $2.8b | ($3.0b) | ($2.8b) | |
| Current Income Tax Expense (Benefit) | $34.2m | $50.0m | $164.0m | $105.2m | $260.8m | $465.8m | $929.3m | $624.3m | $646.0m | $1.5b | |
| Total Expenses | $1.7b | $2.3b | $2.1b | $2.9b | $2.9b | $11.4b | $6.8b | $12.4b | $21.0b | $19.0b | |
| Income Tax Expense (Benefit) | $24.6m | $224.3m | ($194.1m) | $528.8m | $609.1m | $1.4b | ($35.7m) | $1.2b | $954.4m | $953.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.