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Sep 30, 2024
KKR Q3 2024 Earnings Report
KKR reported a robust third quarter, marked by significant year-over-year growth in adjusted net income, alongside record fee-related earnings and total operating earnings.
Key Takeaways
KKR's Third quarter 2024 was strong, with adjusted net income increasing by more than 50% year-over-year. The company achieved record Fee Related Earnings and Total Operating Earnings, driven by high activity levels across the firm.
Fee Related Earnings (FRE) reached $1.0 billion, up 79% year-over-year.
Total Operating Earnings (TOE) amounted to $1.3 billion, a 71% increase year-over-year.
Adjusted Net Income (ANI) was reported at $1.2 billion, reflecting a 58% increase year-over-year.
Assets Under Management (AUM) grew to $624 billion, an 18% increase year-over-year.
Revenue by Segment
Forward Guidance
The report does not include specific forward guidance details.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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