KKR & Co. Inc. (KKR) Financial Statements (2024 and earlier)

Company Profile

Business Address 30 HUDSON YARDS
NEW YORK, NY 10001
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 6282 - Investment Advice (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   5,3632,3471,7511,877
Cash and cash equivalents   5,3632,3471,7511,877
Prepaid expense   77846983
Total current assets:   5,4402,4311,8201,960
Noncurrent Assets
Operating lease, right-of-use asset   191121
Property, plant and equipment   761633451364
Long-term investments and receivables1,1001,200    
Long-term investments1,1001,200    
Intangible assets, net (including goodwill)   848493213
Goodwill   84848484
Intangible assets, net (excluding goodwill)     10129
Derivative instruments and hedges   8234185
Deferred income tax assets   84159
Total noncurrent assets:1,1001,2001,1271,019586662
Other undisclosed assets  73,24057,44948,33743,213
TOTAL ASSETS:1,1001,20079,80760,89950,74345,835
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt834313    
Total current liabilities:834313    
Noncurrent Liabilities
Liabilities, other than long-term debt   199   
Deferred income tax liabilities   199 
Total noncurrent liabilities:   199   
Other undisclosed liabilities 205,75138,80730,39725,36125,172
Total liabilities:834206,06439,00730,39725,36125,172
Temporary equity, carrying amount152165  1,123611
Equity
Equity, attributable to parent, including: 17,58213,71710,8078,650 
Preferred stock    483483 
Common stock 66   
Additional paid in capital 8,9978,6888,5668,106 
Accumulated other comprehensive loss (210)(19)(42)(40) 
Retained earnings 7,6703,4411,79292 
Other undisclosed equity, attributable to parent  1,1181,60198 
Equity, attributable to noncontrolling interest 40,47527,08319,69515,610 
Other undisclosed equity 53,507    20,052
Total equity:53,50758,05740,80030,50224,26020,052
TOTAL LIABILITIES AND EQUITY:54,492264,28579,80760,89950,74345,835

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues5,72116,2364,2314,2212,3963,282
Premiums earned, net1,1822,226   
Net investment income4,1182,846    
Realized investment gains   163497535 
Financial services revenue3,282
Cost of revenue(84)(23)    
Policyholder benefits and claims incurred, net     
Deferred policy acquisition costs, amortization expense(84)(23)    
Gross profit:5,63716,2134,2314,2212,3963,282
Operating expenses   (72)(63)(60)(1,754)
Operating income:5,63716,2134,1594,1582,3361,528
Nonoperating income
(Investment Income, Nonoperating)
3,2182,1841,7561,737 1,445
Interest and debt expense(1,551)(1,070)(970)(1,044)(876)(809)
Other undisclosed income from continuing operations before equity method investments, income taxes   782316797621
Income from continuing operations before equity method investments, income taxes:7,30417,3275,7275,1682,2572,784
Other undisclosed loss from continuing operations before income taxes(8,363)(3,678)    
Income (loss) from continuing operations before income taxes:(1,059)13,6485,7275,1682,2572,784
Income tax expense (benefit)36(1,353)(609)(529)194(224)
Income (loss) from continuing operations:(1,024)12,2955,1184,6402,4512,560
Income before gain (loss) on sale of properties:12,2955,1184,6402,4512,560
Net income (loss):(1,024)12,2955,1184,6402,4512,560
Net income (loss) attributable to noncontrolling interest182(7,625)(3,115)(2,634)(1,357)(1,468)
Other undisclosed net income (loss) attributable to parent (4)  37(74)
Net income (loss) attributable to parent:(841)4,6662,0032,0051,1311,018
Preferred stock dividends and other adjustments   (33)(33)(33)
Other undisclosed net loss available to common stockholders, basic(69)(106)    
Net income (loss) available to common stockholders, basic:(910)4,5612,0031,9721,098985
Convertible preferred dividends  6926   
Other undisclosed net income (loss) available to common stockholders, diluted  (60)   
Net income (loss) available to common stockholders, diluted:(910)4,6301,9691,9721,098985

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(1,024)12,2955,1184,6402,4512,560
Other comprehensive loss (1,896)     
Other undisclosed comprehensive income (loss)(6,884)(427)33(3)(49)55
Comprehensive income (loss):(9,803)11,8685,1504,6362,4022,615
Comprehensive income (loss), net of tax, attributable to noncontrolling interest4,615(7,381)(3,123)(2,632)(1,326)(1,499)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(3)(4)  37(74)
Comprehensive income (loss), net of tax, attributable to parent:(5,192)4,4832,0272,0041,1131,042

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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