CluenexKKR & Co. Inc. KKR
KKR & Co. Inc. scores weak on business quality (3.4 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What KKR & Co. Inc. does
KKR & Co Inc operates as a global investment firm, generating management fees and carried interest from private equity, credit, and real assets strategies paid by institutional and individual investors. The firm is expanding its permanent capital vehicles and private credit offerings to secure steadier fee streams despite volatile asset realization cycles.
- What it does best
KKR converts institutional capital into scaled private market deals, generating an ROE of 10.3% while managing $54 billion in total debt. This platform scale outpaces peers like BNY's 14.1% ROE through deep proprietary deal origination networks that smaller rivals struggle to replicate.
- The main risk
Interest coverage sits at a fragile 0.7x, meaning earnings fall short of covering interest expenses and leave the debt load of $37 billion in net debt acutely vulnerable to refinancing spikes.
Quality, check by check
Scored against its own industry, from company filings.
Operating margins stand at 8.8% with an FCF margin of 10.3%, reflecting compressed profitability as deal fees fluctuate and expenses absorb a heavy share of top-line revenue.
The firm relies on institutional client lock-in across multi-year fund commitments, ranking in the 23rd percentile for ROE in its sector, though its moat remains constrained by intense private equity competition.
Revenue contracted by 10.9% over the latest period, reversing prior gains as realization activity slows down across its portfolio exits.
Total debt of $54 billion outweighs cash of $17 billion, resulting in a net debt position of $37 billion and an interest coverage of 0.7x where debt servicing strains current earnings.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
1 sold $1.1M outside pre-planned sales.
Our sealed record on KKR
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
KKR & Co. Inc. scores weak on the Cluenex quality check (3.4 of 10), measured against its own industry. Profitability is weak, moat weak, growth slow and financial health fair.
In the last 90 days of SEC Form 4 filings: 1 sold $1.1M outside pre-planned sales.
Nov 9, 2026, before the open.
See KKR today
- Today's verdict on KKR, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “KKR & Co. Inc. (KKR)”, https://cluenex.com/stocks/kkr/, data as of Oct 10, 2026.