KKR
Manages private markets and credit alongside Global Atlantic's retirement insurance business.
Something off on this page? Send us feedback.
Profile
Manages private equity, credit, infrastructure, real estate, and capital-markets strategies, earning management and performance fees plus investment income. Global Atlantic adds retirement and life insurance whose economics depend on investment spreads, while Strategic Holdings contributes dividends from long-term core private-equity stakes.
Manages Private Equity, Real Assets, Credit and Liquid Strategies, Capital Markets, and Principal Activities for institutions and individual investors. The platform earns management and performance fees, carried interest, transaction fees, and returns from investing its balance sheet alongside clients. Investment teams, operating specialists, and capital-markets professionals work across a global network.
Operates Global Atlantic as a wholly owned Insurance business offering retirement, life, annuity, and reinsurance solutions, with earnings driven largely by the spread between investment income and policyholder costs. Strategic Holdings adds long-term interests in core private-equity businesses and dividend income. Results depend on raising and deploying client capital, investment performance and realizations, credit and equity markets, financial regulation, and matching insurance assets with policyholder liabilities.
Company facts
Categories
Key statistics
Year to date −15.7% · Average volume (30d) 4.3M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 14, 2026 | Piper Sandler | Reiterate | Overweight | $155 | $128 |
| Aug 3, 2026 | Deutsche Bank | Reiterate | Buy | $129 | $116 |
| Aug 3, 2026 | BMO Capital | Reiterate | Outperform | $112 | $118 |
| Jul 31, 2026 | RBC Capital | Reiterate | Outperform | $137 | $134 |
| Jul 31, 2026 | Barclays | Reiterate | Overweight | $124 | $135 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $1.43 | $1.63 | +14.0% | $2.55B | $2.76B | +8.4% | +1.71% |
| May 5, 2026Q1 FY26 | $1.26 | $1.39 | +10.3% | $2.18B | $2.35B | +7.6% | −1.19% |
| Feb 5, 2026Q4 FY25 | $1.14 | $1.12 | −1.8% | $1.82B | $1.64B | −10.2% | +4.06% |
| Nov 7, 2025Q3 FY25 | $1.30 | $1.41 | +8.5% | $2.16B | $5.46B | +153.3% | −1.00% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $3.05B | $5.00B | $5.46B | $5.52B | $4.00B | $6.13B | |
| Gross profit | −$84.7M | $1.05B | $1.35B | $1.96B | $3.98B | $2.53B | |
| Operating income | −$706.7M | $327.3M | $512.7M | $2.21B | $205.4M | $798.5M | |
| Net income | −$185.9M | $510.1M | $900.4M | $1.15B | $405.2M | $700.5M | |
| Diluted EPS | −$0.22 | $0.50 | $0.90 | $1.16 | $0.42 | $0.70 | |
| Gross margin | -2.8% | 21.0% | 24.7% | 35.6% | 99.5% | 41.2% | |
| Operating margin | -23.1% | 6.5% | 9.4% | 40.0% | 5.1% | 13.0% |
Fiscal years (4-quarter sums)FY21 $16.24B · FY22 $5.64B · FY23 $14.32B · FY24 $21.64B · FY25 $19.04B
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $10.51B · Total debt $50.49B · Total assets $414.46B · Shareholders' equity $31.05B
Dividends
Raised for 6 straight years — most recently to $0.195 from $0.185 in May 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 10, 2026 | Aug 10 | Aug 25 | $0.195 | |
| May 15, 2026 | May 15 | May 29 | $0.195 | raised from $0.185 |
| Feb 17, 2026 | Feb 17 | Mar 3 | $0.185 | |
| Nov 17, 2025 | Nov 17 | Dec 2 | $0.185 | |
| Aug 11, 2025 | Aug 11 | Aug 26 | $0.185 | |
| May 12, 2025 | May 12 | May 27 | $0.185 | raised from $0.175 |
| Feb 14, 2025 | Feb 14 | Feb 28 | $0.175 | |
| Nov 4, 2024 | Nov 4 | Nov 19 | $0.175 |
Ownership
Shares outstanding 897.87M · Float 690.25M
This issuer lists more than one class and the share count spans them all, so a stake here reads as a share of the whole company, not of this class.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % of company | Form | Filed |
|---|---|---|---|---|
| George R. Roberts · director, officer: Co-Executive Chairman | 81.36M | 9.06% | Form 4 | Aug 7, 2025 |
| Henry R. Kravis · director, officer: Co-Executive Chairman | 78.47M | 8.74% | Form 4 | Nov 14, 2025 |
| BlackRock, Inc. | 45.19M | 5.03% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 44.56M | 4.96% | 13F | Aug 13, 2026 |
| Capital International Investors | 36.39M | 4.05% | 13F | Aug 12, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 4, 2026 | Timothy R. Barakett | director | +50,000 | $94.47 |
| Mar 2, 2026 | Mary N. Dillon | director | +22,225 | $90.96 |
| Feb 27, 2026 | Joseph Y. Bae | director, officer: Co-Chief Executive Officer | +50,000 | $88.56 |
| Feb 27, 2026 | Scott C. Nuttall | director, officer: Co-Chief Executive Officer | +50,000 | $87.81 |
| Feb 17, 2026 | Scott C. Nuttall | director, officer: Co-Chief Executive Officer | +125,000 | $102.66 |
Peers
- Blackstone
World's largest alt manager; direct rival across every segment.
- Apollo Global Management
Insurance-backed alt manager; closest mirror via Athene vs Global Atlantic.
- Ares Management
Leading direct-lending rival; sharpest overlap in KKR's largest segment.
- Brookfield Asset Management
World's largest infra manager; overlaps in real estate, credit, and insurance.
- The Carlyle Group
Global PE and credit manager; recurring rival for buyout fundraising.
- TPG
PE and growth equity rival; added credit scale via Angelo Gordon.
- Blue Owl Capital
BDC and GP-stakes platform; most direct wealth-channel credit rival.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| KKR | $108.40 | −0.21% | $97.58B | 34.2 | 16.3 | 4.6 | −44.8% |
| Blackstone | $142.86 | +0.35% | $171.97B | 31.6 | 22.2 | 10.7 | +2.4% |
| Apollo Global Management | $135.48 | +0.35% | $77.78B | 30.2 | 13.8 | 2.2 | +63.7% |
| Ares Management | $142.53 | +0.04% | $46.81B | 59.1 | 21.9 | 7.3 | +5.8% |
| Brookfield Asset Management | $51.52 | −1.14% | $83.22B | 30.3 | 25.6 | 15.4 | +58.7% |
| The Carlyle Group | $49.09 | −0.02% | $17.67B | 51.0 | 11.9 | 4.5 | −29.3% |
| TPG | $53.97 | +0.03% | $20.69B | 62.0 | 16.9 | 4.4 | −31.8% |
| Blue Owl Capital | $12.04 | +0.12% | $18.79B | 101.2 | 13.0 | 6.3 | +7.1% |
| Median | 51.0 | 16.9 | 6.3 | +5.8% |