KKR Q4 2022 Earnings Report
Key Takeaways
KKR reported its fourth quarter 2022 results with AUM of $504 billion, up 7% year-over-year and Fee Paying AUM of $412 billion, up 15% year-over-year. After-tax Distributable Earnings (“DE”) was $822 million ($0.92/adj. share) and Fee Related Earnings (“FRE”) was $559 million ($0.63/adj. share). A dividend of $0.155 per share of common stock of KKR & Co. Inc. has been declared for the fourth quarter of 2022.
Fee Related Earnings (“FRE”) of $559 million ($0.63/adj. share) in the quarter, down 8% year-over-year
After-tax Distributable Earnings (“DE”) of $822 million ($0.92/adj. share) in the quarter, down 41% year-over-year
Assets Under Management (“AUM”) of $504 billion, up 7% year-over-year
Fee Paying Assets Under Management (“FPAUM”) of $412 billion, up 15% year- over-year
KKR
KKR
Forward Guidance
Beginning with the dividend to be announced with the results for the quarter ending March 31, 2023, KKR intends to increase its regular annualized dividend per share of common stock from $0.62 to $0.66.