KKR & Co. Inc.

KKR & Co. Inc.

KKR

$98.44

Updated: 22/09/2026, 23:10:51

Market Cap
$88.39B
Sector
Financial Services
Industry
Asset Management
Country
US
Stock valuation chart
One-year closing share-price history for KKR
Company Profile

KKR & Co. Inc. is a prominent global investment powerhouse, deeply engaged in both private equity and real estate. The firm's diverse investment strategies encompass direct capital deployment as well as fund-of-funds approaches, specializing in corporate acquisitions, leveraged and management buyouts, growth equity, and a range of special situations including credit, distressed assets, and turnarounds. They also target mature and mezzanine financing opportunities, spanning companies across the lower and middle market segments. While opportunistic across all industries, KKR exhibits a keen focus on technology sectors, including software, cybersecurity, semiconductors, consumer electronics, the Internet of Things (IoT), internet services, IT infrastructure, and FinTech. Their extensive portfolio also encompasses energy, infrastructure, and a broad array of real estate ventures. Furthermore, the firm actively invests in a wide range of service industries, such as business services, intelligence, and leading franchises in natural resources, containers, packaging, agriculture, transportation infrastructure (airports, ports), forestry, utilities, textiles, luxury goods, digital media, insurance, various distribution and retail formats (including supermarkets and grocery stores), food, beverage, tobacco, healthcare facilities, entertainment, publishing, capital goods, and specialized financial services. Specifically within energy and infrastructure, KKR targets upstream oil and gas operations, equipment, minerals, royalties, and related service verticals. In the real estate domain, the firm pursues investments in both private and public securities, covering property equity, debt, special situations, companies with substantial real estate assets, and oil and natural gas properties. Additionally, they allocate capital to the expansive asset services sector, which includes a wide range of B2B, B2C, and B2G offerings such as asset-based services, transport, logistics, hospitality, resource and utility support, and mission-critical environmental services. KKR's geographic investment strategies often feature tailored sector focuses. In the Americas, key interests lie in consumer products, chemicals, metals, mining, energy, natural resources, financial services, healthcare, industrials, media, communications, retail, and technology. European investments concentrate on consumer and retail, energy, financial services, healthcare, industrials, chemicals, media, digital, and telecom technologies. Across Asia, their portfolio interests span consumer products, energy, resources, financial services, healthcare, industrials, logistics, media, telecom, retail, real estate, and technology. Beyond traditional investments, KKR is also committed to impact investing, identifying and backing enterprises with a demonstrably positive social or environmental footprint. In Mainland China, the firm actively targets mid to high-end residential developments, and undertakes other projects through direct ownership, joint ventures, or mergers. Demonstrating a truly global reach, KKR's investment activity spans Australia, developed and emerging markets across Asia (including Southeast Asia, Japan, Taiwan, India, Vietnam, Malaysia, Singapore, Indonesia, and South Korea), the Middle East, Africa, the Nordics, Ireland, France, Germany, the Netherlands, the United Kingdom, the Caribbean, Mexico, Brazil, the broader Latin America, and North America, with a particular focus on the United States. In the United States and Europe, KKR frequently engages in buyouts of substantial publicly traded companies. The typical investment size ranges from $30 million to $717 million, targeting entities with enterprise values between $500 million and $2.389 billion. The firm is flexible, participating in both debt and public equity instruments, and often co-invests with strategic partners. KKR actively pursues board representation in its portfolio companies, aiming for controlling ownership or significant strategic minority stakes, especially in Asian private equity deals or when forming large investor consortia. Investments are generally held for a duration of five to seven years, or longer, with exit strategies commonly involving initial public offerings (IPOs), secondary market sales, or divestments to strategic purchasers. Founded in 1976, KKR & Co. Inc. is headquartered in New York, New York, supported by a global network of offices throughout North America, Europe, Australia, Sweden, and Asia.

USD
NYSE
CEO: Joseph Y. Bae
Employees: 5,043
https://www.kkr.com
Asset Summaries
Latest generated summaries for KKR

No summaries found.

Detailed business
Evidence-backed facts extracted from the latest official annual filing.
KKR-10-k-fy2025.html19.1 MBtext/htmlENFiled 27/02/2026Period ended 31/12/2025

Business monitoring

Reported and calculated KPIs plus operational exposure disclosed in the FY 2025 filing.

Evidence-backed · 10 KPI observations

Revenue

N/A

FY — · Reported

Net income

$2.4B

FY 2025 · Reported

Gross margin

N/A

FY — · Reported

Free cash flow

N/A

FY — · Reported

R&D intensity

N/A

FY — · Reported

Share repurchases

$0.0B

FY 2025 · Reported

Earnings and cash generation
USD billions, directly sourced from inline XBRL; free cash flow is operating cash flow less capex.
Profitability and reinvestment
Margins and R&D as a percentage of revenue.
Top products and services
Products and services mentioned in the filing; a quantitative sales breakdown was not disclosed.

Area-level product sales are displayed only when the filing reports a product × geography breakdown. Regional totals are not allocated across products by estimation.

Geographic footprint
What the filing identifies, separated by location role so partner manufacturing is not presented as Apple-owned factories.
1 named headquarters
0 manufacturing countries
0 individually named factories

Map layer

Pins show disclosed operations. The heatmap colors the filing’s reported geographies; regional figures shade the region and are not estimates for each country.

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Named headquarters Manufacturing partner country

Only locations and quantities explicitly supported by the filing are displayed. A country-level manufacturing percentage or product allocation is shown only when the source discloses it; materiality scores are never presented as production shares.

How the business makes money

Global Atlantic insurance business

Global Atlantic: $8 billion of funding agreements outstanding under the FABN program as of Dec 31, 2025

95%
Source evidence
“As of December 31, 2025, Global Atlantic had $8 billion of funding agreements outstanding under the FABN program.”

Strategic Holdings segment

Strategic Holdings segment: ownership stakes in 19 companies as of Dec 31, 2025

95%
Source evidence
“As of December 31, 2025, our Strategic Holdings segment consisted of our ownership stakes in 19 companies.”

Global Atlantic third-party sponsored investment vehicles AUM

$58 billion of Global Atlantic AUM provided by Global Atlantic sponsored vehicles as of Dec 31, 2025

90%
Source evidence
“As of December 31, 2025, $58 billion of Global Atlantic AUM is provided by these Global Atlantic sponsored vehicles.”

Global Atlantic new business volumes by channel, 2021-2025

New business volumes ($M): Retirement Products 2021 $7,840 / 2022 $9,464 / 2023 $11,138 / 2024 $14,821 / 2025 $12,339; Preneed Life 245/277/299/605/1,139; Institutional Channel 26,165/18,377/22,622/27,115/20,953

95%
Source evidence
“Individual Channel (1): Retirement Products $7,840 $9,464 $11,138 $14,821 $12,339”

Positioning and strategy

Arctos Partners acquisition agreement

February 2026 agreement to acquire Arctos Partners, subject to regulatory and sports league approvals

95%
Source evidence
“In February 2026, we announced an agreement to acquire Arctos Partners, an investment management firm that invests in professional sports teams and that provides strategic capital to other asset management firms.”

Individual investor distribution growth strategy

Growth strategy includes distributing financial products to individual investors via banks, independent investment advisers, and broker-dealers

90%
Source evidence
“In some cases, our financial products are distributed indirectly through third-party managed vehicles sponsored by brokerage firms, banks, or third-party feeder providers, and in other cases directly to the clients of banks, independent investment advisers, and broker-dealers.”

Capital allocation framework

Four key capital allocation areas: strategic M&A, Insurance, Strategic Holdings, and share repurchases

95%
Source evidence
“Our framework is focused on four key areas for allocating our capital, including to: strategic M&A, Insurance, Strategic Holdings, and share repurchases.”

Global Atlantic insurance strategy changes announced 2025

2025 insurance changes: longer-duration liabilities/assets, more private equity and real assets, expansion outside the US, more third-party co-investment insurance capital

95%
Source evidence
“In 2025, we announced changes to the management of our insurance business to originate longer-duration liabilities and assets, including investing more into non-yielding or lower-yield assets classes like private equity and real assets, expanding outside the United States, and raising more third-party co-investment insurance capital.”

Risks, financing, and outlook

2025 equity and credit market indicators

2025 total returns: S&P 500 +17.9%, MSCI Europe +36.3%, MSCI Asia Pacific +28.7%, MSCI World +21.6%; VIX 15.0

90%
Source evidence
“For the year ended December 31, 2025, the S&P 500 was up 17.9%, the MSCI Europe Index was up 36.3%, the MSCI Asia Pacific Index was up 28.7% and the MSCI World Index was up 21.6%”

2025 macroeconomic environment

2025: Fed cut 3x to 3.50-3.75% range; ECB cut to 2.00%; BOJ raised to 0.75%; US GDP +2.2%; China GDP +5.0% with property/trade headwinds

90%
Source evidence
“The U.S. Federal Reserve Board lowered the target range for the federal funds rate three times in 2025, including two reductions in the fourth quarter, that brought the target range to 3.50-3.75%.”

Individual investor distribution regulatory risk

Distributing products to individual investors carries heightened regulatory, litigation, and reputational risks including Reg BI and EEA MiFID II/AIFMD/ELTIF requirements

90%
Source evidence
“Products offered to individual investors are subject to heightened regulatory scrutiny, prescriptive conduct standards, and increased litigation risk compared to products offered primarily to institutional investors.”

AI-related obsolescence risk to portfolio companies

AI developments may render portfolio company products, services, or business models obsolete or less competitive

90%
Source evidence
“developments in and adoption of artificial intelligence technologies, which may render existing products, services, or business models of the companies in which we invest to become obsolete, less competitive, or require significant and unanticipated additional investment to remain viable.”

Regulatory reliance on exemptions

Relies on private placement and Investment Company Act exemptions; K-Series vehicles structured in reliance on Investment Company Act exclusions

90%
Source evidence
“certain of our investment vehicles, including our K-Series vehicles, are structured and operated in reliance on exclusions from the definition of an investment company under the Investment Company Act.”

Key personnel risk

Loss of key personnel could materially adversely affect KKR

90%
Source evidence
“The loss of key personnel or their services, or any misconduct by key personnel, could have a material adverse effect on KKR.”

Tariff-driven market volatility since April 2025

Since April 2025, US tariffs and threats of tariffs elevated market volatility, affecting valuations, capital markets activity, deployments, realizations, and fundraising

90%
Source evidence
“Beginning in March 2025 and continuing through the date of the filing of this report, the United States and countries around the world have experienced elevated levels of market volatility and uncertainty driven by, among other things, geopolitical and global trade concerns, including, the imposition of tariffs and threats of tariffs by the United States on certain of its trading partners since April 2025.”

Difficult market and economic conditions risk

Business materially affected by market/economic conditions: interest rates, credit availability, inflation, FX, commodity prices, capital market liquidity

90%
Source evidence
“Our business is materially affected by market and economic conditions and events throughout the world, including conditions relating to interest rates, fiscal and monetary stimulus (and stimulus withdrawal), availability of credit, inflation rates, economic growth, changes in laws, trade barriers, commodity prices, foreign exchange rates and controls, and liquidity conditions in equity and debt capital markets.”

Geopolitical events risk

Geopolitical risks: Russia-Ukraine war, Middle East instability, China competition, tariffs/industrial policy, natural disasters

90%
Source evidence
“These risks have increased in both scale and complexity due to intensifying geopolitical competition and conflicts, including the ongoing Russian invasion of Ukraine, instability in the Middle East, heightened geopolitical competition between China and other major world economies”

Material exposure graph

US
Revenue Exposure

US market conditions, Fed policy, and securities regulation (Securities Act, Investment Company Act, ERISA, Reg BI) are central to KKR's asset management and insurance businesses; insurance strategy includes expanding outside the US.

Relevance 90·Dependency 70·Confidence 90
Source evidence
“In 2025, the United States continued to experience economic growth while also continuing to experience inflation in excess of the U.S. Federal Reserve Board's 2.0% target rate.”
Interest rates
Demand Driver

Interest rates affect valuations via discount rates, floating rate income, credit markets, insurance hedging costs, and fundraising/product attractiveness.

Relevance 90·Dependency 70·Confidence 90
Source evidence
“The target federal funds rate set by the U.S. Federal Reserve Board was 3.625% as of December 31, 2025, down from 4.375% as of December 31, 2024.”
Individual investors
Customer Exposure

Individual investors are a strategic growth channel but subject the firm to heightened regulatory, litigation, and reputational risks and reliance on third-party distribution channels.

Relevance 80·Dependency 50·Confidence 90
Source evidence
“As part of our growth strategy, we have distributed and expect to continue distributing certain of our investment and insurance products to individual investors.”
Tariffs / trade barriers
Geopolitical Exposure

US imposition of tariffs and threats of tariffs since April 2025 elevated volatility affecting valuations, capital markets activity, deployments, realizations, and fundraising; protectionist measures broadly constrain cross-border capital flows.

Relevance 80·Dependency 30·Confidence 90
Source evidence
“including, the imposition of tariffs and threats of tariffs by the United States on certain of its trading partners since April 2025”
Investment Company Act
Regulatory Exposure

K-Series vehicles rely on exclusions from the Investment Company Act investment company definition; registration would make operations impractical.

Relevance 75·Dependency 65·Confidence 90
Source evidence
“If any such entity were required to register as an investment company, the applicable restrictions on capital structure, leverage, transactions with affiliates, governance, and operations would make it impractical for the entity to operate its business as currently conducted”
US dollar
Revenue Exposure

Investments, capital commitments, and liabilities denominated in non-USD currencies; USD appreciation decreases unhedged USD value of non-US investments.

Relevance 75·Dependency 60·Confidence 90
Source evidence
“The appreciation or depreciation of the U.S. dollar is expected to contribute to a decrease or increase, respectively, in the U.S. dollar value of our non-U.S. investments to the extent unhedged.”
Insurance policyholders
Customer Exposure

Policyholder behavior (deferring/stopping premiums, surrenders) is disclosed as a market-condition-sensitive driver of the insurance business.

Relevance 70·Dependency 55·Confidence 85
Source evidence
“policyholder behavior, including policyholders electing to defer paying insurance premiums, stop paying insurance premiums altogether, or surrender their policies”
Inflation
Demand Driver

US inflation remained above the Fed's 2.0% target in 2025; inflation rates are among market conditions materially affecting KKR's business.

Relevance 70·Dependency 40·Confidence 85
Source evidence
“In 2025, the United States continued to experience economic growth while also continuing to experience inflation in excess of the U.S. Federal Reserve Board's 2.0% target rate.”
Russia-Ukraine war
Geopolitical Exposure

KJR flags the ongoing Russian invasion of Ukraine among intensifying geopolitical conflicts that can materially adversely impact its investment management, insurance businesses, and investments.

Relevance 70·Dependency 30·Confidence 90
Source evidence
“These risks have increased in both scale and complexity due to intensifying geopolitical competition and conflicts, including the ongoing Russian invasion of Ukraine”
Middle East instability
Geopolitical Exposure

Middle East instability cited among geopolitical conflicts increasing risk scale and complexity for KKR's global operations and investments.

Relevance 60·Dependency 25·Confidence 90
Source evidence
“instability in the Middle East, heightened geopolitical competition between China and other major world economies”
Artificial intelligence
Demand Driver

AI adoption is disclosed as a risk that could make portfolio company business models obsolete or require significant additional investment.

Relevance 60·Dependency 20·Confidence 85
Source evidence
“developments in and adoption of artificial intelligence technologies, which may render existing products, services, or business models of the companies in which we invest to become obsolete”
AIFMD
Regulatory Exposure

KKR relies on AIFMD private placement exemptions/marketing registrations in Europe and is subject to AIFMD and ELTIF requirements for individual investor product distribution in the EEA.

Relevance 55·Dependency 40·Confidence 85
Source evidence
“including, for example, Directive 2014/65/EU (MiFID II), Directive 2011/61/EU (AIFMD), and Regulation 2015/760/EU (ELTIF Regulation) which govern the sale of financial products to individual investors in the European Economic Area”
Consumer spending
Demand Driver

Japan's 2025 economic reacceleration supported by resilient exports and consumer spending, affecting KKR's operating environment in Asia.

Relevance 50·Dependency 20·Confidence 80
Source evidence
“In Asia, Japan's economy reaccelerated in 2025, supported by resilient exports and consumer spending.”
Full company information
Latest profile, trading, valuation, and identifier data stored for KKR.
Share price
$98.44
Market cap
$88.39B
Exchange
NYSE
Currency
USD
CEO
Joseph Y. Bae
Employees
5,043
IPO date
15/07/2010
Beta
1.791
Last dividend
$0.00
Day range
$98.34 – $102.23
52-week range
$82.67 – $152.10
1-day performance
-2.37%
1-year performance
19.08%
Current drawdown (1Y)
-35.28%
CIK
0001404912
CUSIP
48251W104
ISIN
US48251W1045
Created
07/12/2025, 04:57:28
Last update
22/09/2026, 23:10:51

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