KKR Future Growth

Future criteria checks 2/6

KKR's revenue is forecast to decline at 32.4% per annum while its annual earnings are expected to grow at 18.9% per year. EPS is expected to grow by 24.1% per annum. Return on equity is forecast to be 11.4% in 3 years.

Key information

18.9%

Earnings growth rate

24.1%

EPS growth rate

Capital Markets earnings growth	13.5%
Revenue growth rate	-32.4%
Future return on equity	11.4%
Analyst coverage	Good
Last updated	29 Oct 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

NYSE:KKR - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	11,557	5,696	7,626	N/A	6
12/31/2025	9,620	4,603	6,317	N/A	7
12/31/2024	7,062	3,557	2,358	N/A	6
9/30/2024	27,816	2,991	7,751	7,869	N/A
6/30/2024	26,611	3,863	7,873	7,963	N/A
3/31/2024	26,064	4,040	1,864	1,967	N/A
12/31/2023	18,664	3,681	-1,602	-1,494	N/A
9/30/2023	15,280	2,761	-3,354	-3,248	N/A
6/30/2023	12,049	1,321	-6,817	-6,705	N/A
3/31/2023	6,136	-258	-8,225	-8,129	N/A
12/31/2022	5,515	-591	-5,364	-5,279	N/A
9/30/2022	7,142	-204	-8,328	-8,250	N/A
6/30/2022	12,087	895	-9,103	-9,016	N/A
3/31/2022	19,983	2,907	-6,273	-6,187	N/A
12/31/2021	24,821	4,627	-7,279	-7,177	N/A
9/30/2021	26,832	5,539	-5,489	-5,365	N/A
6/30/2021	24,426	5,455	-4,650	-4,523	N/A
3/31/2021	20,785	4,876	-4,756	-4,620	N/A
12/31/2020	8,510	1,943	-6,107	-5,954	N/A
9/30/2020	4,716	973	-6,472	-6,317	N/A
6/30/2020	1,308	166	-5,444	-5,306	N/A
3/31/2020	743	-18	-7,478	-7,245	N/A
12/31/2019	8,077	1,972	-5,890	-5,682	N/A
9/30/2019	4,733	1,064	-6,078	-5,879	N/A
6/30/2019	5,683	1,463	-6,387	-6,182	N/A
3/31/2019	5,642	1,629	-5,409	-5,293	N/A
12/31/2018	4,199	1,101	-7,712	-7,606	N/A
9/30/2018	6,476	1,660	-6,284	-6,188	N/A
6/30/2018	5,452	1,174	N/A	-6,008	N/A
3/31/2018	4,681	899	N/A	-4,539	N/A
12/31/2017	4,999	985	N/A	-3,532	N/A
9/30/2017	4,658	990	N/A	-3,591	N/A
6/30/2017	5,255	1,188	N/A	-2,433	N/A
3/31/2017	4,476	876	N/A	-1,974	N/A
12/31/2016	2,589	287	N/A	-1,441	N/A
9/30/2016	3,546	148	N/A	-1,903	N/A
6/30/2016	1,100	-394	N/A	-1,805	N/A
3/31/2016	4,289	-112	N/A	-1,297	N/A
12/31/2015	7,213	488	N/A	385	N/A
9/30/2015	6,522	456	N/A	1,703	N/A
6/30/2015	8,876	736	N/A	621	N/A
3/31/2015	7,630	538	N/A	3,335	N/A
12/31/2014	7,655	478	N/A	1,489	N/A
9/30/2014	10,422	756	N/A	2,300	N/A
6/30/2014	11,678	871	N/A	2,106	N/A
3/31/2014	9,611	708	N/A	164	N/A
12/31/2013	9,659	691	N/A	2,578	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KKR's forecast earnings growth (18.9% per year) is above the savings rate (2.6%).

Earnings vs Market: KKR's earnings (18.9% per year) are forecast to grow faster than the US market (15.3% per year).

High Growth Earnings: KKR's earnings are forecast to grow, but not significantly.

Revenue vs Market: KKR's revenue is expected to decline over the next 3 years (-32.4% per year).

High Growth Revenue: KKR's revenue is forecast to decline over the next 3 years (-32.4% 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 (11.4%).

KKR Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 8.6% to US$132

Recent updates

KKR: Great Business At An Unattractive Valuation (Downgrade)

KKR Reportedly in Talks to Acquire Integral Ad Science

Third quarter dividend of US$0.17 announced

New minor risk - Profit margin trend

Third quarter 2024 earnings released: EPS: US$0.74 (vs US$1.71 in 3Q 2023)

KKR Q3: Strong Growth Prospects, High Valuation, Still A Hold

KKR Reportedly Withdraws from Race for $3 Billion Loscam

KKR & Co. Inc. (NYSE:KKR), Hein Park Capital Management LP and creditors of Belk, Inc. agreed to acquire an unknown majority stake in Belk, Inc.

KKR & Co. Inc. (NYSE:KKR) acquired TPS Parking Management, LLC from Green Courte Partners, LLC.

KKR Reportedly Walks Away from $3 Billion Plus Loscam Deal

KKR Reportedly to Weigh Takeover Bid for ASMPT

Brookfield Reportedly Eyes Singapore Post

Thoma Bravo, L.P. completed the acquisition of Darktrace plc (LSE:DARK) from KKR Dark Aggregator, Summit partners.

Leonard Green & Partners, L.P. entered into an agreement to acquire GeoStabilization International LLC from KKR Americas Fund XII LP, a fund managed by KKR & Co. Inc. (NYSE:KKR).

Nomura Holdings and Mizuho Financial Group Reportedly Leading Bidders for Avendus Capital

Earnings Tell The Story For KKR & Co. Inc. (NYSE:KKR)

Impilo AB and KKR Health Care Strategic Growth Fund II SCSp managed by KKR & Co. Inc. (NYSE:KKR) completed the acquisition of an unknown minority stake in Immedica Pharma from Impilo AB.

Nomura Reportedly Enters the Race to Acquire Avendus

Alkem Reportedly Joins $3 Billion Race for JB Chem as Torrent Pauses Talks

Carlyle, Mizuho & Premji Invest Reportedly Aim for Avendus

KKR & Co. Inc. (NYSE:KKR) and Mirastar Real Estate Investment Management Limited acquired Portfolio of Five Prime Logistics assets from Peel Logistics Management Limited.

KKR's Trillion-Dollar Playbook: How Shareholders Could Win Big

KKR & Co. Inc. (NYSE:KKR) acquired Kent Valley industrial building in Auburn from Blackstone Real Estate Advisors L.P for $58.4 million.

KKR Reportedly in Talks to Buy The Parking Spot in $1.4 Billion Deal

KKR, TPG Capital, Apax Partners and Other PE Firms Reportedly Eye Purchase of Sahajanand Medical Technologies

EQT Private Capital Asia agreed to acquire PropertyGuru Group Limited (NYSE:PGRU) from TPG Capital, L.P., KKR & Co. Inc. (NYSE:KKR), REA Group Limited (ASX:REA) and others for $1 billion.

KKR-Led Consortium Reportedly Starts Sale Process for Around $3.0 Billion Philippines Hospital Business

Inter Infrastructure Capital a fund managed by IKANO Fund Management SA acquired 12.25% stake in Q-Park N.V. from company's existing shareholders and KKR Global Infrastructure Investors II LP a fund managed by KKR & Co. Inc. (NYSE:KKR).

Torrent Pharma Reportedly is Said to Seek Raising $3 Billion for KKR's Stake in JB Chemicals

KKR European Fund VI, a fund managed by KKR & Co. Inc. (NYSE:KKR) entered into an agreement to an additional 50% stake in FGS Global Inc from WPP plc (LSE:WPP) for approximately $780 million.

KKR European Fund VI, a fund managed by KKR & Co. Inc. (NYSE:KKR) entered into an agreement to an additional 50% stake in FGS Global Inc from WPP plc (LSE:WPP) for approximately $780 million.

Second quarter dividend of US$0.17 announced

Price target increased by 8.6% to US$132

Second quarter 2024 earnings released: EPS: US$0.75 (vs US$0.98 in 2Q 2023)

Now 22% overvalued after recent price rise

KKR & Co. Inc. Declares Dividend for the Second Quarter of 2024, Payable on August 27, 2024

Torrent Pharmaceuticals Reportedly in Talks to Acquire KKR’s Stake in JB Chemicals

General Atlantic, Other PE Funds Reportedly in Talks for Majority Stake in AIMS

KKR North America Fund XIII SCSp managed by KKR & Co. Inc. (NYSE:KKR) and Dragoneer Investment Group, LLC entered into a definitive agreement to acquire Instructure Holdings, Inc. from Thoma Bravo, L.P. and others for $3.6 billion.

A joint venture between T-Mobile US, Inc. (NasdaqGS:TMUS) and KKR & Co. Inc. (NYSE:KKR) entered into a definitive agreement to acquire MetroNet Holdings, LLC from Oak Hill Capital Management, LLC and the Cinelli family.

KKR & Co. Inc. (NYSE:KKR) along with Tower Bridge Infrastructure Partners LP managed by Global Infrastructure Management, LLC completed the acquisition of 40.86222% stake in Vantage Towers AG (DB:VTWR) from Vodafone GmbH.

KKR & Co. Inc. (NYSE:KKR) along with Tower Bridge Infrastructure Partners LP managed by Global Infrastructure Management, LLC completed the acquisition of 40.86222% stake in Vantage Towers AG (DB:VTWR) from Vodafone GmbH.

KKR Reportedly Mulls Options for Stake in Biotage

KKR Reportedly Considers $3 Billion Sale of KITO Crosby

KKR & Co. Inc. to Report Q2, 2024 Results on Jul 31, 2024

KKR Reportedly Considers Reviving Multibillion-Dollar Sale of Goodpack

Francisco, KKR Reportedly to Consider Takeover of Instructure

KKR Asian Fund IV and KKR & Co. Inc. (NYSE:KKR) agreed to acquire unknown controlling stake in Baby Memorial Hospital Limited.

KKR: Asset Growth Justifies Its Strong Rally

Carlyle, KKR Reportedly Shortlisted to Bid for Discover's US Student Loan Portfolio

Renesas Electronics Corporation (TSE:6723) completed the acquisition of acquire Transphorm, Inc. (NasdaqCM:TGAN) from KKR & Co. Inc. (NYSE:KKR), KKR Phorm Investors L.P., KKR Group Partnership L.P., KKR Group Holdings Corp., KKR Group Co. Inc. and KKR Phorm Investors GP LLC.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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