Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FS KKR Capital's retained earnings for the quarter that ended in Mar. 2026 was $-3,925.00 Mil.
FS KKR Capital's quarterly retained earnings
declined
from Sep. 2025 ($-3,125.00 Mil) to Dec. 2025 ($-3,350.00 Mil) and
declined
from Dec. 2025 ($-3,350.00 Mil) to Mar. 2026 ($-3,925.00 Mil).
FS KKR Capital's annual retained earnings
declined
from Dec. 2023 ($-2,588.00 Mil) to Dec. 2024 ($-2,662.00 Mil) and
declined
from Dec. 2024 ($-2,662.00 Mil) to Dec. 2025 ($-3,350.00 Mil).
FS KKR Capital (NYSE:FSK) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
FS KKR Capital Retained Earnings Historical Data
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The historical data trend for FS KKR Capital's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of $-3,925.00 Mil mean?
FS KKR Capital (FSK) has a Retained Earnings of $-3,925.00 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on FS KKR Capital and its competitors.
Is FS KKR Capital's Retained Earnings too high?
FS KKR Capital's current Retained Earnings is $-3,925.00 Mil. Overall, FS KKR Capital has a GF Score™ of 40/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FS KKR Capital's Retained Earnings compare to HTGC and JPC?
FS KKR Capital's Retained Earnings of $-3,925.00 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Asset Management company?
A good Retained Earnings depends on the Asset Management industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on FS KKR Capital and its competitors. FS KKR Capital's current Retained Earnings is $-3,925.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FS KKR Capital stock overvalued right now?
Based on GuruFocus' analysis, FS KKR Capital (FSK) is currently considered Significantly Undervalued. The stock's GF Value™ is $22.16, compared to a current price of $10.50 — trading 52.6% below its estimated fair value. The current Retained Earnings is $-3,925.00 Mil. FS KKR Capital's overall GF Score™ is 40/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For FS KKR Capital (FSK), the current Retained Earnings is $-3,925.00 Mil as of Mar. 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.
Is FS KKR Capital (FSK) Overvalued in 2026?
Based on GuruFocus' analysis, FS KKR Capital stock appears to be undervalued.
The current stock price of $10.50 is trading 52.6% below its estimated GF Value™ of $22.16.
GuruFocus considers FS KKR Capital to be Significantly Undervalued.
Key valuation signals for FSK:
Retained Earnings: $-3,925.00 Mil
GF Value™: $22.16 vs. price of $10.50 (52.6% below fair value)
No single metric tells the full story. See the FSK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FS KKR Capital Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The company's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The company's portfolio is comprised of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies.
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