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Mar 31, 2024

FS KKR Q1 2024 Earnings Report

FS KKR announced its financial results for the first quarter of 2024 and declared a second quarter distribution of $0.70 per share.

Key Takeaways

FS KKR Capital Corp. reported adjusted net investment income of $0.73 per share and an annualized ROE of 10% for the first quarter of 2024. The company's investment activity increased, its liquidity position remained strong, and it made significant progress restructuring certain non-accruing investments.

Net investment income was $0.76 per share.

Adjusted net investment income was $0.73 per share.

Net asset value was $24.32 per share.

Earnings per Share of $0.62.

Total Revenue
$434M
Previous year: $456M
-4.8%
EPS
$0.73
Previous year: $0.78
-6.4%
Cash and Equivalents
$242M
Previous year: $245M
-1.2%
Free Cash Flow
$55M
Total Assets
$15.2B
Previous year: $16.1B
-5.6%

FS KKR

FS KKR

Forward Guidance

FS KKR's board of directors has declared a cash distribution for the second quarter of $0.70 per share, consisting of a base distribution of $0.64 per share and a supplemental distribution of $0.06 per share.