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KKR (KKR) Net Income : $3,732 Mil (TTM As of Dec. 2023)


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What is KKR Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. KKR's Net Income for the three months ended in Dec. 2023 was $1,040 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $3,732 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. KKR's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.14.


KKR Net Income Historical Data

The historical data trend for KKR's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KKR Net Income Chart

KKR Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,005.05 2,002.51 4,732.41 -521.66 3,732.26

KKR Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 138.36 339.99 861.71 1,490.13 1,040.43

KKR Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

KKR's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=6554.609+-1197.523+0+-1624.825
=3,732

KKR's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1875.971+-286.611+0+-548.931
=1,040

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,732 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


KKR  (NYSE:KKR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

KKR's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


KKR Net Income Related Terms

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KKR (KKR) Business Description

Traded in Other Exchanges
Address
30 Hudson Yards, New York, NY, USA, 10001
KKR is one of the world's largest alternative asset managers, with $518.5 billion in total assets under management, including $420.0 billion in fee-earning AUM, at the end of June 2023. The company has two core segments: asset management (which includes private markets—private equity, credit, infrastructure, energy, and real estate—and public markets—primarily credit and hedge/investment fund platforms) and insurance (following the October 2020 purchase of a 61.5% economic stake in Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance). On the asset management side, private markets account for 50% of fee-earning AUM and 70% of base management fees, while public markets account for 50% and 30%, respectively.
Executives
Kimberly A. Ross director C/O AVON PRODUCTS,INC., 1345 AVENUE OF THE AMERICAS`, NEW YORK NY 10105-0196
David Sorkin officer: General Counsel and Secretary C/O KKR & CO. INC., 30 HUDSON YARDS, NEW YORK NY 10019
Kathryn King Sudol officer: General Counsel and Secretary C/O KKR & CO. INC., 30 HUDSON YARDS, NEW YORK NY 10001
Matt Cohler director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Raymond J Mcguire director 5 GIRALDA FARMS, MADISON NJ 07940
Ryan Stork officer: Chief Operating Officer 30 HUDSON YARDS, NEW YORK NY 10001
Henry R Kravis director, 10 percent owner, officer: Co-Chairman and Co-CEO C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
George R Roberts director, 10 percent owner, officer: Co-Chairman and Co-CEO C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 2800 SAND HILL ROAD, MENLO PARK CA 94025
Evan Spiegel director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Adriane M Brown director 3150 139TH AVENUE S.E., BELLEVUE WA 98040
Arturo Gutierrez director C/O KKR & CO. INC., 30 HUDSON YARDS, NEW YORK NY 10001
Dane E Holmes director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Robert W Scully director C/O KKR & CO. INC., 30 HUDSON YARDS, NEW YORK NY 10001
John B Hess director C/O HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Robert H Lewin officer: Chief Financial Officer C/O KKR & CO. INC., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019