Market Cap
US$32.4b
Last Updated
2020/11/24 00:46 UTC
Data Sources
Company Financials +
Executive Summary
KKR & Co. Inc. is a private equity and real estate investment firm specializing in direct and fund of fund investments. More Details
Snowflake Analysis
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has KKR's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KKR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: KKR's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.3%
KKR
1.2%
US Capital Markets
-0.06%
US Market
1 Year Return
30.7%
KKR
9.0%
US Capital Markets
19.0%
US Market
Return vs Industry: KKR exceeded the US Capital Markets industry which returned 9% over the past year.
Return vs Market: KKR exceeded the US Market which returned 19% over the past year.
Shareholder returns
| KKR | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.3% | 1.2% | -0.06% |
| 30 Day | 3.2% | 6.7% | 4.4% |
| 90 Day | 11.2% | 8.4% | 6.3% |
| 1 Year | 32.9%30.7% | 11.7%9.0% | 21.7%19.0% |
| 3 Year | 111.0%98.1% | 32.0%21.8% | 46.4%36.7% |
| 5 Year | 164.2%128.3% | 79.3%56.8% | 91.0%69.9% |
Long-Term Price Volatility Vs. Market
How volatile is KKR's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Shareholders Of KKR (NYSE:KKR) Must Be Happy With Their 154% Total Return4 weeks ago | Simply Wall St
Have Insiders Been Buying KKR & Co. Inc. (NYSE:KKR) Shares?1 month ago | Simply Wall St
What Can We Conclude About KKR's (NYSE:KKR) CEO Pay?Valuation
Is KKR undervalued compared to its fair value and its price relative to the market?
22.19x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KKR ($38.61) is trading above our estimate of fair value ($22.48)
Significantly Below Fair Value: KKR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KKR is good value based on its PE Ratio (22.2x) compared to the US Capital Markets industry average (22.6x).
PE vs Market: KKR is poor value based on its PE Ratio (22.2x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: KKR is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: KKR is good value based on its PB Ratio (2.1x) compared to the US Capital Markets industry average (4.7x).
Next Steps
Future Growth
How is KKR forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
24.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KKR's forecast earnings growth (24.1% per year) is above the savings rate (2.2%).
Earnings vs Market: KKR's earnings (24.1% per year) are forecast to grow faster than the US market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KKR's revenue (3.7% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: KKR's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KKR's Return on Equity is forecast to be low in 3 years time (10.5%).
Next Steps
Past Performance
How has KKR performed over the past 5 years?
21.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KKR has high quality earnings.
Growing Profit Margin: KKR's current net profit margins (20.6%) are lower than last year (22.5%).
Past Earnings Growth Analysis
Earnings Trend: KKR's earnings have grown significantly by 21.3% per year over the past 5 years.
Accelerating Growth: KKR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KKR had negative earnings growth (-9.4%) over the past year, making it difficult to compare to the Capital Markets industry average (3%).
Return on Equity
High ROE: KKR's Return on Equity (5.9%) is considered low.
Next Steps
Financial Health
How is KKR's financial position?
Financial Position Analysis
Short Term Liabilities: KKR's short term assets ($8.2B) exceed its short term liabilities ($4.5B).
Long Term Liabilities: KKR's short term assets ($8.2B) do not cover its long term liabilities ($32.1B).
Debt to Equity History and Analysis
Debt Level: KKR's debt to equity ratio (93.5%) is considered high.
Reducing Debt: KKR's debt to equity ratio has increased from 33.9% to 93.5% over the past 5 years.
Debt Coverage: KKR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if KKR's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is KKR current dividend yield, its reliability and sustainability?
1.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KKR's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: KKR's dividend (1.4%) is low compared to the top 25% of dividend payers in the US market (4.15%).
Stability and Growth of Payments
Stable Dividend: KKR's dividend payments have been volatile in the past 10 years.
Growing Dividend: KKR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.5%), KKR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KKR's dividends in 3 years are forecast to be well covered by earnings (24.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
George Roberts (77 yo)
no data
Tenure
US$40,165,377
Compensation
Mr. George Rosenberg Roberts, J.D. serves as a Co-Chief Executive Officer and Co-Chairman at KKR & Co. Inc. (formerly, KKR & Co. L.P.) and KKR Management LLC. Mr. Roberts co-founded KKR & Co. and KKR Manag...
CEO Compensation Analysis
Compensation vs Market: George's total compensation ($USD40.17M) is above average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | US$40.17m | 1.44% $ 466.1m | |
| Co-Founder | no data | US$40.12m | 2.63% $ 851.4m | |
| Co-President | 3.33yrs | US$34.97m | 0.23% $ 74.5m | |
| Co-President | 3.33yrs | US$35.21m | 0.31% $ 98.8m | |
| Partner & General Counsel | 13.83yrs | US$6.46m | 0% $ 0 | |
| Chief Financial Officer | 0.83yr | no data | 0.013% $ 4.1m | |
| Director and Chief Accounting Officer of Energy Real Assets | no data | no data | no data | |
| MD and Global Head of Innovation & Technology | no data | no data | no data | |
| Chief Information & Innovation Officer | 1.33yrs | no data | no data | |
| Director | 1.83yrs | no data | no data | |
| Partner and Head of Investor Relations | 9.5yrs | no data | no data | |
| Global Chief Compliance Officer | 6.83yrs | no data | no data |
3.3yrs
Average Tenure
49yo
Average Age
Experienced Management: KKR's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | US$40.17m | 1.44% $ 466.1m | |
| Co-Founder | no data | US$40.12m | 2.63% $ 851.4m | |
| Co-President | 3.33yrs | US$34.97m | 0.23% $ 74.5m | |
| Co-President | 3.33yrs | US$35.21m | 0.31% $ 98.8m | |
| Partner | 0.58yr | no data | no data | |
| Partner & Chairman of KKR Global Institute | 7.5yrs | no data | no data | |
| Independent Director | 10.33yrs | US$287.41k | 0.014% $ 4.5m | |
| Independent Director | 9.58yrs | US$240.24k | 0.013% $ 4.1m | |
| Independent Director | 9.33yrs | US$237.41k | 0.0012% $ 382.1k | |
| Independent Director | 9.67yrs | US$265.24k | 0.014% $ 4.5m | |
| Independent Director | 6.67yrs | US$240.24k | 0.0077% $ 2.5m | |
| Independent Director | 10.33yrs | US$284.49k | 0.023% $ 7.6m |
8.4yrs
Average Tenure
67.5yo
Average Age
Experienced Board: KKR's board of directors are considered experienced (8.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KKR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
KKR & Co. Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: KKR & Co. Inc.
- Ticker: KKR
- Exchange: NYSE
- Founded: 1976
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$32.384b
- Market Cap: US$21.976b
- Shares outstanding: 847.97m
- Website: https://www.kkr.com
Number of Employees
Location
- KKR & Co. Inc.
- 9 West 57th Street
- Suite 4200
- New York
- New York
- 10019
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KR51 | DB (Deutsche Boerse AG) | Common Units | DE | EUR | Jul 2010 | |
| KKRC * | BMV (Bolsa Mexicana de Valores) | Common Units | MX | MXN | Jul 2010 | |
| KKR | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jul 2010 |
| 0Z1W | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jul 2010 |
Biography
KKR & Co. Inc. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/24 00:46 |
| End of Day Share Price | 2020/11/23 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.