KKR profit margin KKR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2017.
- Net margin, 12 months
- 14.8%
- Net margin on a year earlier
- +2.2 pts
- Peer median
- 20.9%
Over the twelve months to Jun 30, 2026, KKR kept 14.8% of its revenue as net profit.
Five years earlier its net margin was 47.9%.
The median for 10 asset managers of a similar size is 20.9%.
Profit margin over time
Net
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 12.2% |
| FY2024 | 14.1% |
| FY2023 | 25.7% |
| FY2022 | −9.1% |
| FY2021 | 28.7% |
| FY2020 | 47.3% |
| FY2019 | 47.5% |
| FY2018 | 47.2% |
| FY2017 | 28.6% |
| FY2016 | n/a |
| FY2015 | n/a |
| FY2014 | n/a |
| FY2013 | n/a |
| FY2012 | n/a |
| FY2011 | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 14.8% | +2.2 pts | |
| Q1 FY26 | 14.3% | −0.1 pts | |
| Q4 FY25 | 12.2% | −1.9 pts | |
| Q3 FY25 | 13.8% | +0.9 pts | |
| Q2 FY25 | 12.6% | −5.4 pts | |
| Q1 FY25 | 14.4% | −5.0 pts | |
| Q4 FY24 | 14.1% | −11.7 pts | |
| Q3 FY24 | 13.0% | −9.5 pts | |
| Q2 FY24 | 18.0% | +5.5 pts | |
| Q1 FY24 | 19.4% | +21.8 pts | |
| Q4 FY23 | 25.7% | +34.9 pts | |
| Q3 FY23 | 22.5% | +24.3 pts |
Against its peers
Companies in Asset Management nearest KKR's size, closest first, today.
| Company | Profit margin |
|---|---|
| KKRKKR | 14.8% |
| BXBlackstone | 21.8% |
| APOApollo Global Management | 5.2% |
| STTState Street | 23.0% |
| AMPAmeriprise Financial | 19.9% |
| ARESAres Management | 10.6% |
| BLKBlackRock | 24.2% |
| NTRSNorthern Trust | 24.8% |
| RJFRaymond James Financial | 13.6% |
| PFGPrincipal Financial | 9.9% |
| TROWT. Rowe Price | 29.3% |
| Peer median | 20.9% |
Where KKR ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on KKR
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.