MarketCap
Facebook
X
Telegram
KKR & Co. Balance Sheet 2025-2008 | KKR
Brief overview of KKR & Co. 's balance sheet structure
The balance sheet is assessed across five available annual reports spanning 2018 to 2025.
The asset base grew from $50.7 billion to $410.1 billion, or +708.3%. Average annual growth of roughly 34.8% was strong.
Liabilities expanded faster than the asset base, +1,140.4% versus +708.3%. Debt-service capacity deserves attention.
Given the financial profile, the capital cushion is the main focus. It covers 7.5% of assets versus 17% five periods ago.
Retained earnings stand at $13.9 billion; the five-period change was +14,999.5%. This reflects accumulated business performance.
Balance sheet takeaway
KKR & Co. 's financial structure is not clear-cut. Asset scale alone does not resolve questions about how those assets are funded.
Annual Balance Sheet KKR & Co.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
- | - | - | - | - | - | 24 B | 19.9 B | 17.5 B | 14.4 B | 16.2 B | 8.55 B | 161 M | -694 M | -209 M | - | - | - |
Long Term Debt |
- | - | - | - | - | - | 27 B | 22.3 B | 21.2 B | 18.5 B | 18.7 B | 10.8 B | 1.91 B | 1.12 B | 1.56 B | - | - | - |
Total Non Current Liabilities |
- | - | - | - | - | - | 27.8 B | 24.4 B | 23 B | 20.1 B | 19.6 B | 12 B | 3.81 B | 2.29 B | 1.56 B | - | - | - |
Total Liabilities |
329 B | 298 B | 259 B | 220 B | - | - | 30.4 B | 26.5 B | 25.8 B | 22.5 B | 21.8 B | 14.5 B | 5.47 B | 3.48 B | 2.69 B | 2.39 B | - | - |
Retained Earnings |
13.9 B | 12.3 B | 9.82 B | 6.7 B | - | - | 1.79 B | 92 M | - | - | - | - | - | - | - | - | - | - |
Total Assets |
410 B | 360 B | 317 B | 275 B | - | - | 60.9 B | 50.7 B | 45.8 B | 39 B | 71.1 B | 65.9 B | 51.4 B | 44.4 B | 40.4 B | 38.4 B | 30.2 B | - |
Cash and Cash Equivalents |
17.2 B | 15.4 B | 20.8 B | 13.4 B | 10.5 B | 6.99 B | 2.35 B | 1.75 B | 1.88 B | 2.51 B | 1.05 B | 918 M | 1.31 B | 1.23 B | 843 M | 739 M | 547 M | 199 M |
Book Value |
81.6 B | 62 B | 58.4 B | 55.4 B | - | - | 30.5 B | 24.3 B | 20.1 B | 16.5 B | 49.3 B | 51.4 B | 46 B | 40.9 B | 37.7 B | 36 B | 30.2 B | - |
Total Shareholders Equity |
30.9 B | 23.7 B | 22.9 B | 18.8 B | 58.1 B | 40.8 B | 10.8 B | 8.65 B | 7.19 B | 5.94 B | 5.55 B | 5.38 B | 2.72 B | 2 B | 1.33 B | 1.33 B | 1.01 B | - |
All numbers in USD currency
Quarterly Balance Sheet KKR & Co.
| 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 36.9 B | - | - | - | 33.5 B | - | - | - | 27.2 B | - | - | - | 22.6 B | - | - | - | 21.4 B | - | - | - | 18.7 B | - | - | - | 18.8 B | - | - | - | 11 B | - | - | - | 1.92 B | - | - | - | 1.13 B | - | - | - | 1.57 M | - | - | - |
Total Liabilities |
331 B | 323 B | 310 B | 303 B | 298 B | 299 B | 290 B | 283 B | 259 B | 227 B | - | - | 220 B | - | - | - | - | 209 B | 177 B | 170 B | 39 B | 36.6 B | 39 B | 39 B | 30.4 B | 30.4 B | 30.4 B | 30.4 B | 25.4 B | 25.4 B | 25.4 B | 25.4 B | 25.2 B | 25.2 B | 25.2 B | 25.2 B | 21.9 B | 21.9 B | 21.9 B | 21.9 B | 21.6 B | 21.6 B | 21.6 B | 21.6 B | 14.2 B | 14.2 B | 14.2 B | 14.2 B | 4.84 B | 4.84 B | 4.84 B | 4.84 B | 3.02 B | 3.02 B | 3.02 B | 3.02 B | 2.69 B | 2.69 B | 2.69 B | 2.69 B |
Retained Earnings |
14.1 B | 12.9 B | 12.2 B | 11.9 B | 12.3 B | 11.3 B | 10.9 B | 10.4 B | 9.82 B | 8.92 B | - | - | 6.7 B | - | - | 7.51 B | 7.67 B | 7.25 B | 6.2 B | 5.01 B | 3.44 B | 3.44 B | 3.44 B | 3.44 B | 1.79 B | 1.79 B | 1.79 B | 1.79 B | 92 M | 92 M | 92 M | 92 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
412 B | 398 B | 381 B | 372 B | 360 B | 361 B | 348 B | 340 B | 317 B | 289 B | - | - | 275 B | - | - | - | - | 266 B | 229 B | 216 B | 79.8 B | 70.7 B | 79.8 B | 79.8 B | 60.9 B | 60.9 B | 60.9 B | 60.9 B | 50.7 B | 50.7 B | 50.7 B | 50.7 B | 45.8 B | 45.8 B | 45.8 B | 45.8 B | 39 B | 39 B | 39 B | 39 B | 71 B | 71 B | 71 B | 71 B | 65.9 B | 65.9 B | 65.9 B | 65.9 B | 51.4 B | 51.4 B | 51.4 B | 51.4 B | 44.4 B | 44.4 B | 44.4 B | 44.4 B | 40.4 B | 40.4 B | 40.4 B | 40.4 B |
Cash and Cash Equivalents |
19.5 B | 22.9 B | 18.1 B | 18.4 B | 15.4 B | 15 B | 16.1 B | 16.2 B | 20.8 B | 11.7 B | 10.7 B | 9.73 B | 13.4 B | 11.6 B | 12.4 B | 13.5 B | 10.5 B | 12.5 B | 12 B | 11 B | 5.36 B | 4.36 B | 2.45 B | 1.98 B | 2.35 B | 2.35 B | 2.35 B | 2.35 B | 1.75 B | 1.75 B | 1.75 B | 1.75 B | 1.88 B | 1.88 B | 1.88 B | 1.88 B | 2.51 B | 2.51 B | 2.51 B | 2.51 B | 1.05 B | 1.05 B | 1.05 B | 1.05 B | 918 M | 918 M | 918 M | 918 M | 1.31 B | 1.31 B | 1.31 B | 1.31 B | 1.23 B | 1.23 B | 1.23 B | 1.23 B | 843 M | 843 M | 843 M | 843 M |
Book Value |
80.8 B | 75.4 B | 71 B | 69 B | 62 B | 61.8 B | 58.5 B | 56.9 B | 58.4 B | 61.6 B | - | - | 55.4 B | - | - | - | - | 57.1 B | 52.5 B | 46.3 B | 40.8 B | 34 B | 40.8 B | 40.8 B | 30.5 B | 30.5 B | 30.5 B | 30.5 B | 25.4 B | 25.4 B | 25.4 B | 25.4 B | 20.7 B | 20.7 B | 20.7 B | 20.7 B | 17.1 B | 17.1 B | 17.1 B | 17.1 B | 49.5 B | 49.5 B | 49.5 B | 49.5 B | 51.7 B | 51.7 B | 51.7 B | 51.7 B | 46.6 B | 46.6 B | 46.6 B | 46.6 B | 41.4 B | 41.4 B | 41.4 B | 41.4 B | 37.7 B | 37.7 B | 37.7 B | 37.7 B |
Total Shareholders Equity |
30.5 B | 29.7 B | 28.2 B | 27.5 B | 23.7 B | 24.1 B | 21.7 B | 21.4 B | 22.9 B | 20.4 B | 60.4 B | 57 B | 18.8 B | 51.9 B | 54.2 B | 58.1 B | 17.6 B | 57 B | 16.1 B | 14.7 B | 13.7 B | 13.7 B | 13.7 B | 13.7 B | 10.8 B | 10.8 B | 10.8 B | 10.8 B | 8.65 B | 8.65 B | 8.65 B | 8.65 B | 7.19 B | 7.19 B | 6.7 B | 7.19 B | 5.94 B | 5.94 B | 5.94 B | 5.94 B | 5.55 B | 5.55 B | 5.55 B | 5.55 B | 5.38 B | 5.38 B | 5.38 B | 5.38 B | 2.72 B | 2.72 B | 2.72 B | 2.72 B | 2 B | 2 B | 2 B | 2 B | 1.33 B | 1.33 B | 1.33 B | 1.33 B |
All numbers in USD currency
Balance Sheet is a fundamental financial report of KKR & Co. , providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
China
Russia
USA
Britain
