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KKRKKRPD.PFD +0.23%86 Piotroski F-Score is 5 as of Jul. 18, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates KKRPD.PFD with a GF Score™ of 86/100. The stock has 6 warning signs investors should review. Among 1,593 Asset Management companies, KKR ranks better than 64.53% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
KKR has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for KKR's Piotroski F-Score or its related term are showing as below:
KKRpD.PFD'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 7
Current: 5
During the past 13 years, the highest Piotroski F-Score of KKR was 7. The lowest was 2. And the median was 4.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
KKR Piotroski F-Score Related Terms
KKR Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for KKR's Piotroski F-Score 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.
KKRPD.PFD vs APO, STT, AMP: Piotroski F-Score Comparison
For the Asset Management subindustry, KKR's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
KKR Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, KKR's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where KKR's Piotroski F-Score falls into.
* 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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 510.123 + 900.357 + 1145.907 + 405.229 = $2,961.62 Mil. Cash Flow from Operations was 438.756 + 2389.609 + -4900.331 + 1746.67 = $-325.30 Mil. Revenue was 5002.879 + 5464.926 + 5685.044 + 4252.726 = $20,405.58 Mil. Gross Profit was 1052.777 + 1347.62 + 1140.954 + 1178.096 = $4,719.45 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(372372.919 + 380867.573 + 398480.928 + 410144.072 + 412084.513) / 5 = $394790.001 Mil. Total Assets at the begining of this year (Mar25) was $372,372.92 Mil. Long-Term Debt & Capital Lease Obligation was $54,634.92 Mil. Total Current Assets was $244,383.24 Mil. Total Current Liabilities was $62,382.29 Mil.
Net Income was 667.926 + 600.55 + 1125.555 + -185.924 = $2,208.11 Mil.
Revenue was 4108.021 + 4731.534 + 3200.38 + 3054.695 = $15,094.63 Mil. Gross Profit was 980.888 + 885.639 + 948.761 + -84.673 = $2,730.62 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(339773.927 + 348469.179 + 360655.876 + 360099.411 + 372372.919) / 5 = $356274.2624 Mil. Total Assets at the begining of last year (Mar24) was $339,773.93 Mil. Long-Term Debt & Capital Lease Obligation was $50,791.27 Mil. Total Current Assets was $225,195.59 Mil. Total Current Liabilities was $54,832.05 Mil.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
KKR's current Net Income (TTM) was 2,961.62.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
KKR's return on assets of this year was 0.00795336. KKR's return on assets of last year was 0.00649875.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Score 1 if CFROA > ROA, 0 if CFROA <= ROA.
KKR's current Net Income (TTM) was 2,961.62. KKR's current Cash Flow from Operations (TTM) was -325.30.
==> -325.30 <= 2,961.62 ==> CFROA <= ROA ==> Score 0.
Funding
Question 5. Change in Gearing or Leverage
Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.
Score 0 if this year's gearing is higher, 1 otherwise.
KKR's current ratio of this year was 3.91751022. KKR's current ratio of last year was 4.10700628.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
KKR's number of shares in issue this year was 0. KKR's number of shares in issue last year was 0.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
KKR's gross margin of this year was 0.23128224. KKR's gross margin of last year was 0.18089976.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
KKR's asset turnover of this year was 0.05479876. KKR's asset turnover of last year was 0.04442551.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
KKR has an F-score of 6 indicating the company's financial situation is typical for a stable company.
KKR (KKRPD.PFD) has a Piotroski F-Score of 5 as of Jul. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on KKR and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, KKR's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, KKR ranks #565 out of 1593 companies in the Asset Management industry, placing it in the top 35.5%.
Is KKR's Piotroski F-Score too high?
KKR's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Asset Management industry median Piotroski F-Score is 5.00. KKR's value of 5 is 0% at this industry median. Based on the distribution chart, KKR ranks #565 out of 1593 companies in the Asset Management industry, which is above the industry midpoint. Overall, KKR has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does KKR's Piotroski F-Score compare to APO and STT?
According to the Asset Management industry distribution chart, KKR ranks #565 out of 1593 companies for Piotroski F-Score. This puts KKR in the upper half of its industry. The industry median Piotroski F-Score is 5.00. KKR's value of 5 is 0% at this benchmark. Historically, KKR's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, KKR has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,593 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KKR's current Piotroski F-Score of 5 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on KKR and its competitors. For the Asset Management industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KKR's current Piotroski F-Score is 5, which is 25% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KKR stock overvalued right now?
KKR (KKRPD.PFD) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Asset Management industry median of 5.00. KKR's overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For KKR (KKRPD.PFD), the current Piotroski F-Score is 5 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
KKR is one of the world's largest alternative asset managers, with $723.2 billion in total managed assets, including $585.0 billion in fee-earning AUM, at the end of September 2025. 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 firm's initial investment in, and then ultimate purchase of, Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance).
86GF Score
Get the complete analysis for KKRPD.PFD
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