Mar 31, 2022

KKR Q1 2022 Earnings Report

KKR's first quarter results demonstrated the strength of its business model, with record fee related earnings per share and strong year-over-year growth across financial and operating metrics. The company's limited partners entrusted them with $26 billion of new capital, and assets under management rose 30% organically.

Key Takeaways

KKR reported a GAAP Net Income (Loss) Attributable to KKR & Co. Inc. Common Stockholders of $(73.8) million for the quarter. Fee Related Earnings (“FRE”) of $605 million ($0.69/adj. share) in the quarter, up 66% year-over-year. After-tax Distributable Earnings (“DE”) of $1.0 billion ($1.10/adj. share) in the quarter, up 47% year-over-year. Assets Under Management (“AUM”) of $479 billion, up 30% year-over-year.

Fee Related Earnings (“FRE”) of $605 million ($0.69/adj. share) in the quarter, up 66% year-over-year

After-tax Distributable Earnings (“DE”) of $1.0 billion ($1.10/adj. share) in the quarter, up 47% year-over-year

Assets Under Management (“AUM”) of $479 billion, up 30% year-over-year

New Capital Raised of $26 billion in the quarter

Total Revenue
$1.9B
Previous year: $1.22B
+56.2%
EPS
$1.1
Previous year: $0.75
+46.7%

KKR

KKR

Forward Guidance

This document does not contain forward guidance.