KKR (KKR) FY2024 results: revenue $21.9 billion, up 50.9% on the year
KKR & Co. Inc. (KKR) reported revenue of $21.9 billion for fiscal 2024, the year ended 31 December 2024, up 50.9% on the year before. Net income was $3.1 billion, down 17.6%, and diluted earnings per share $3.28. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2025.
Revenue
$21.9 billion
+50.9% on the year
FY2017FY2024
Operating margin
n/a
FY2017FY2024
Net income
$3.1 billion
-17.6% on the year
FY2017FY2024
Diluted EPS
$3.28
-19.8% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
6,650
-1,494
-5,279
Cash from investing
-19,047
-3,883
-13,647
Cash from financing
7,076
12,774
22,055
-44.6%
Depreciation and amortisation
-119
68.3
364
Share-based compensation
746
618
730
+20.7%
Buybacks
0.0
290
347
Dividends paid
612
563
444
+8.7%
Dividend per share
$0.69
$0.66
$0.62
+4.5%
Diluted shares, weighted
939m
912m
750m
+3.0%
Shares outstanding at period end
888m
885m
861m
+0.4%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
23,652
22,859
18,808
+3.5%
Non-controlling interest
36,748
34,905
36,411
+5.3%
Redeemable equity
1,585
615
152
+157.6%
Debt
49,647
47,475
42,727
+4.6%
Other liabilities
248,467
211,441
177,249
+17.5%
Total liabilities and equity
360,099
317,294
275,347
+13.5%
Securities held for sale or to maturity
76,260
69,414
61,940
+9.9%
Loans
52,751
39,178
35,091
+34.6%
Cash and equivalents
15,368
20,808
13,385
-26.1%
Other assets
215,720
187,894
164,931
+14.8%
Total assets
360,099
317,294
275,347
+13.5%
10-K for the year ended 31 December 2024, filed 28 February 2025: the filing.