Sep 30, 2020

KKR Q3 2020 Earnings Report

Reported strong operating and financial performance driven by integrated business model.

Key Takeaways

KKR & Co. Inc. reported GAAP Net Income Attributable to KKR & Co. Inc. Common Stockholders of $1,056.5 million. After-tax Distributable Earnings were $410.4 million, and Assets Under Management reached $234 billion.

After-tax Distributable Earnings Per Adjusted Share increased by 4% compared to Q3 2019.

Distributable operating earnings was up 13% compared to Q3 2019.

Assets Under Management and Fee Paying Assets Under Management increased by 12% and 16%, respectively, over the last 12 months.

A dividend of $0.135 per share of common stock has been declared for Q3 2020.

Total Revenue
$1.07B
Previous year: $964M
+10.8%
EPS
$0.48
Previous year: $0.46
+4.3%

KKR

KKR

Forward Guidance

This release contains certain forward-looking statements regarding dividends, share repurchases, and the acquisition of Global Atlantic, which are subject to various risks and uncertainties.