Kkr & Co. Inc. (KKR) intrinsic value & 10-year financials
Kkr & Co. Inc. (KKR) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 37.5% a year to $19.5B, with an average return on invested capital of 7.6%.
- Graham intrinsic value
- —
- Share price (Oct 20, 2026)
- $87.00
- Revenue (FY2025)
- $19.5B
- Revenue growth (10-yr CAGR)
- 37.5%
- ROIC (10-yr avg)
- 7.6%
- Free cash flow (FY2025)
- —
KKR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $19.5B | $2.4B | — | — | — | 8.7% |
| FY2024 | $21.9B | $3.1B | — | — | — | 13.2% |
| FY2023 | $14.5B | $3.7B | — | — | — | 17.9% |
| FY2022 | $5.7B | -$841.1M | — | — | — | -1.9% |
| FY2021 | $16.2B | $4.7B | — | — | — | 10.9% |
| FY2020 | $2.0B | $2.0B | — | — | — | 5.2% |
| FY2019 | $1.8B | $2.0B | — | -$5.9B | — | 6.2% |
| FY2018 | $1.8B | $1.1B | — | -$7.7B | — | 4.1% |
| FY2017 | $1.5B | $1.0B | — | -$3.7B | — | 3.8% |
| FY2016 | $1.1B | $309.3M | — | -$1.6B | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
KKR & Co. is a consistent compounder, expanding top-line revenue at 37.5% annually over the past decade.
KKR & Co. has historically struggled to out-earn its cost of capital, averaging just 4.7% ROIC.
KKR & Co. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, KKR & Co. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment.