KKR is one of the world's largest alternative asset managers, with $723.2 billion in total managed assets, including $585.0 billion in fee-earning AUM, at the end of September 2025. The company has two core segments: asset management (which includes private markets-private equity, credit, infrastructure, energy, and real estate-and public markets-primarily credit and hedge/investment fund platforms) and insurance (following the firm's initial investment in, and then ultimate purchase of, Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance).
Blackstone Inc.
Ares Management Corporation Class A Common Stock
Apollo Global Management, Inc.
The Carlyle Group Inc. Common Stock
TPG Inc. Class A Common Stock
Evercore Inc.
Blue Owl Capital Inc.
Stifel Financial Corp.
StepStone Group Inc. Class A Common Stock
The chart shows the growth of an initial investment of $10,000 in KKR & Co. Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
KKR & Co. Inc. (KKR) has returned -29.21% so far this year and 1.62% over the past 12 months. Looking at the last ten years, KKR has achieved an annualized return of 20.40%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of KKR & Co. Inc. (KKR) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -11.34% | -23.19% | 7.87% | -2.13% | ||||||||
| 2025 | 11.86% | -16.31% | -15.98% | -1.54% | 5.11% | 10.25% | 10.58% | -2.49% | -5.02% | -7.74% | 3.15% | 5.80% |
| 2024 | 5.59% | 12.90% | 0.48% | -7.15% | 7.35% | 1.05% | 15.75% | 6.98% | 5.87% | 17.60% | -9.30% | |
| 2023 | 18.02% | 1.26% | -5.32% | 1.59% | -2.81% | 9.46% | 6.04% | 6.64% | -2.65% | -9.99% | 35.96% | 9.59% |
| 2022 | -4.44% | -16.10% | -2.45% | -13.45% | 8.13% | -15.27% | 20.88% | -7.37% | -13.55% | 12.13% | 5.10% | -11.09% |
| 2021 | -3.87% | 16.08% | 6.20% | 14.19% | -2.32% | 5.17% | 7.25% | 0.09% | -5.25% | 29.86% | -6.93% | -2.06% |
| 2020 | 8.47% | -12.75% | -18.68% | 14.33% | 13.08% | 10.44% | 13.88% | 1.30% | -4.08% | -1.41% | 8.99% | 5.06% |
| 2019 | 16.26% | -2.41% | 4.59% | 3.08% | -9.69% | 13.93% | 4.49% | -2.86% | 5.13% | 6.70% | 3.26% | -1.12% |
| 2018 | 14.34% | -10.51% | -5.41% | 3.71% | 6.47% | 11.19% | 9.74% | -4.78% | 4.88% | -14.06% | -3.74% | -15.97% |
| 2017 | 10.78% | 3.15% | 4.52% | -2.64% | 0.98% | 4.03% | -2.11% | 6.44% | -1.38% | -1.34% | 5.83% | |
| 2016 | -6.21% | -0.66% | -7.84% | 17.88% | 3.67% | -4.87% | -0.35% | 7.07% | -0.19% |
The charts below present risk-adjusted performance metrics for KKR & Co. Inc. (KKR) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of KKR compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current KKR & Co. Inc. volatility is 2.08%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 410.14B | 317.29B | - | 264.29B | 79.81B | 60.90B | 50.74B | 45.83B | 39.00B | 71.06B | 65.87B | 51.43B | 44.43B | 40.38B |
| Temporary Equity Attributable To Parent (USD) | 2.71B | 615.43M | - | 82.49M | - | - | - | - | - | - | - | - | - | - |
| Temporary Equity (USD) | 5.42B | 1.23B | 152.07M | 164.98M | - | - | 1.12B | 610.54M | 632.35M | 188.63M | 300.10M | 627.81M | 462.56M | 275.51M |
| Equity Attributable To Parent (USD) | 30.90B | 22.86B | 53.51B | 17.58B | 13.72B | 10.81B | 8.65B | 7.19B | 5.94B | 5.55B | 5.38B | 2.72B | 2.00B | 1.33B |
| Equity Attributable To Noncontrolling Interest (USD) | 48.02B | 34.90B | - | 40.47B | 27.08B | 19.69B | 15.61B | 12.87B | 10.55B | 43.73B | 46.00B | 43.24B | 38.94B | 36.08B |
| Equity (USD) | 78.92B | 57.76B | 53.51B | 58.06B | 40.80B | 30.50B | 24.26B | 20.05B | 16.49B | 49.28B | 51.40B | 45.96B | 40.94B | 37.41B |
| Redeemable Noncontrolling Interest (USD) | 2.71B | 615.43M | 152.07M | 82.49M | - | - | 1.12B | 610.54M | 632.35M | 188.63M | 300.10M | 627.81M | 462.56M | 275.51M |
| Long-term Debt (USD) | - | - | - | 36.91B | 33.50B | 27.15B | 22.64B | 21.43B | 18.66B | 18.81B | 11.01B | 1.92B | 1.13B | 1.57M |
| Noncurrent Liabilities (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Liabilities (USD) | 328.51B | 258.92B | -53.51B | 206.23B | 39.01B | 30.40B | 25.36B | 25.17B | 21.88B | 21.59B | 14.17B | 4.84B | 3.02B | 2.69B |
| Liabilities (USD) | 328.51B | 258.92B | -53.51B | 206.23B | 39.01B | 30.40B | 25.36B | 25.17B | 21.88B | 21.59B | 14.17B | 4.84B | 3.02B | 2.69B |
| Intangible Assets (USD) | - | - | - | - | - | - | 9.86M | 129.18M | 135.02M | 176.99M | 209.20M | 177.55M | 197.48M | 24.31M |
| Fixed Assets (USD) | - | - | - | - | 760.61M | 633.03M | 451.21M | 364.20M | 283.26M | 226.34M | 76.25M | 80.57M | 79.57M | 59.62M |
| Noncurrent Assets (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Assets (USD) | 410.14B | 317.29B | - | - | 79.81B | 60.90B | 50.74B | 45.83B | 39.00B | 71.06B | 65.87B | 51.43B | 44.43B | 40.38B |
| Assets (USD) | 410.14B | 317.29B | - | - | 79.81B | 60.90B | 50.74B | 45.83B | 39.00B | 71.06B | 65.87B | 51.43B | 44.43B | 40.38B |
Blue Owl Capital stock fell 1.89% after announcing it would cap redemptions at 5% for two of its funds due to elevated withdrawal requests. The move reflects broader concerns in the private credit sector, with peers like Apollo Global Management and Ares Management implementing similar restrictions. The sector faces headwinds from geopolitical tensions and concerns about AI's impact on software companies in private credit portfolios.
Coder, an AI development infrastructure platform, announced a $90 million Series C funding round led by KKR, with participation from QRT and Uncork Capital. The funding will support platform innovation for enterprise AI workflows and geographic expansion. Coder has achieved 300% YoY bookings growth and 184% net dollar retention, driven by customer expansion as enterprises adopt AI-assisted development tools.
KKR announced plans to acquire Japanese electronic materials maker Taiyo Holdings at 4,750 yen per share, representing a 117-140% premium to historical averages. The deal has support from Taiyo's board and major shareholders representing 42.2% of shares. KKR shares traded 0.54% higher in premarket, though the stock faces longer-term headwinds with a 21.5% decline over 12 months.
Apollo Global Management is in advanced talks to acquire private jet fixed-base operator Atlantic Aviation from KKR & Co. in a deal valued at approximately $10 billion. Apollo is partnering with GIC Pte to purchase a controlling stake, while KKR plans to retain its interest through fresh investment. The transaction is expected to close in Q3 and represents one of KKR's largest recent realizations, generating roughly 15 times its original equity investment.
Private equity firms KKR, CD&R, and PAI Partners are advancing their bid for a 50% stake in Nestlé's water and premium beverages division, valued at $5.75 billion. The division includes brands like Perrier and S.Pellegrino. Other bidders include Blackstone, Bain Capital, and Platinum Equity. Bankers are arranging debt financing of €2-3 billion for the potential transaction.
Major M&A activity continues with Estée Lauder in merger discussions with Puig ($40B), KKR acquiring Nothing Bundt Cakes ($2B+), and Amazon acquiring robotics firm Fauna. Other significant deals include Corebridge-Equitable Holdings merger ($22B), Merck's acquisition of Terns Pharmaceuticals ($6.7B), and Abbott closing its Exact Sciences deal ($21B). Several companies filed for bankruptcy including 23andMe and Applebee's franchisee NRPF.
The Financials sector (XLF) has declined 10% YTD but shows signs of stabilization with recent price action improvements. Major banks have held relatively flat month-to-date, regional banks (KRE) are rebounding 6% off March lows, and private credit stocks like KKR and APO are performing well. However, long-term technical indicators remain bearish with a death cross and significant overhead supply, though Q1 earnings starting in mid-April could serve as a catalyst for further movement.
KKR announced a $310 million investment in India's electric bus sector, taking a majority stake in Allfleet and minority stake in PMI Electro Mobility Solutions. The investment marks KKR's first Global Climate Transition investment in India, with Allfleet on track to deploy over 5,000 e-buses. KKR shares rose 1.28% in premarket trading, though technical analysis shows mixed momentum with the stock trading below its moving averages.
U.S. stock futures rose on Wednesday ahead of the Federal Reserve's interest rate decision and Jerome Powell's press conference. Markets are pricing in a 98.9% likelihood of unchanged rates. Key movers include Lululemon falling on weak guidance, Micron gaining ahead of earnings, New Fortress Energy jumping 6.96% after debt restructuring, and CF Industries declining on analyst downgrade. Asian and European markets also closed higher.
Blackstone, Brookfield, and KKR have experienced significant stock price declines (22-43.5%) due to private credit sector concerns following high-profile borrower bankruptcies. However, the author argues these alternative asset managers have exceptional track records in credit investing and disciplined portfolios, making the sell-off a buying opportunity despite rising default rates in the private credit market.