KKR (KKR) FY2023 results: revenue $14.5 billion, up 154.2% on the year
KKR & Co. Inc. (KKR) reported revenue of $14.5 billion for fiscal 2023, the year ended 31 December 2023, up 154.2% on the year before. Net income was $3.7 billion, and diluted earnings per share $4.09. The figures are the company's own, from the 10-K it filed with the SEC on 29 February 2024.
Revenue
$14.5 billion
+154.2% on the year
FY2016FY2023
Operating margin
n/a
FY2016FY2023
Net income
$3.7 billion
FY2016FY2023
Diluted EPS
$4.09
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
-1,494
-5,279
-7,177
Cash from investing
-3,883
-13,647
-9,606
Cash from financing
12,774
22,055
20,364
-42.1%
Depreciation and amortisation
68.3
364
387
-81.2%
Share-based compensation
618
730
530
-15.3%
Buybacks
290
347
270
-16.4%
Dividends paid
563
444
331
+26.8%
Dividend per share
$0.66
$0.62
$0.58
+6.5%
Diluted shares, weighted
912m
750m
633m
+21.7%
Shares outstanding at period end
885m
861m
596m
+2.8%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
22,859
18,808
17,582
+21.5%
Non-controlling interest
34,905
36,411
40,475
-4.1%
Redeemable equity
615
152
82.5
+304.7%
Debt
47,475
42,727
36,914
+11.1%
Other liabilities
211,441
177,249
169,232
+19.3%
Total liabilities and equity
317,294
275,347
264,285
+15.2%
Securities held for sale or to maturity
69,414
61,940
68,871
+12.1%
Loans
39,178
35,091
28,877
+11.6%
Cash and equivalents
20,808
13,385
10,526
+55.5%
Other assets
187,894
164,931
n/a
+13.9%
Total assets
317,294
275,347
n/a
+15.2%
10-K for the year ended 31 December 2023, filed 29 February 2024: the filing.