Financials KKR & Co. Inc.

Equities

KKR

US48251W1045

Investment Management & Fund Operators

Market Closed - Nyse Other stock markets 01:30:02 20/09/2024 am IST			5-day change	1st Jan Change
132.80 ^USD	+2.75%		+10.34%	+60.29%

09:52pm	Sector Update: Financial Stocks Advance Late Afternoon	MT
07:47pm	Sector Update: Financial Stocks Higher Thursday Afternoon	MT

Projected Income Statement: KKR & Co. Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,862	2,121	3,122	6,834	5,602	7,408	9,697	11,357
Change	-	13.94%	47.17%	118.94%	-18.04%	32.25%	30.89%	17.12%
EBITDA ¹	2,005	2,253	4,922	4,565	4,233	5,417	6,960	8,730
Change	-	12.36%	118.49%	-7.26%	-7.27%	27.97%	28.48%	25.43%
EBIT ¹	1,835	2,041	4,896	4,531	4,187	5,572	7,199	8,746
Change	-	11.22%	139.94%	-7.46%	-7.61%	33.1%	29.2%	21.48%
Interest Paid ¹	-183.7	-211	-250.2	-315.2	-357.1	-308.3	-308.8	-311.2
Earnings before Tax (EBT) ¹	-	-	13,648	-	4,414	6,684	8,577	-693.6
Change	-	-	-	-100%	-	51.43%	28.32%	-
Net income ¹	-	1,946	4,561	-910.1	3,681	3,556	4,558	5,600
Change	-	-	134.37%	-	-	-3.4%	28.2%	22.87%
Announcement Date	31/01/20	08/02/21	08/02/22	07/02/23	06/02/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: Dezember	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2
Net sales ¹	445.9	490.6	425.7	446	573.9	675.4	585.7	639.4	818.6	962.8	1,902	1,780	1,671	1,482	1,276	1,231	1,464	1,631	1,393	1,728	1,874	2,194	1,949	2,217	2,405	2,776	-	-
Change	-	10.03%	-13.23%	4.76%	28.67%	17.7%	-13.28%	9.17%	28.02%	17.62%	97.51%	-6.39%	-6.14%	-11.31%	-13.92%	-3.46%	18.85%	11.43%	-14.6%	24.08%	8.43%	17.1%	-11.18%	13.74%	8.48%	15.43%	-100%	-
EBITDA ¹	531.6	522.8	514.4	480.6	585.3	672.5	886.6	-	-	1,724	1,251	1,098	1,095	1,121	993.9	933.3	1,092	1,214	1,167	1,303	1,372	1,542	1,461	1,640	1,816	2,066	-	-
Change	-	-1.66%	-1.6%	-6.58%	21.79%	14.9%	31.84%	-100%	-	-	-27.44%	-12.24%	-0.26%	2.38%	-11.34%	-6.09%	17.04%	11.1%	-3.81%	11.59%	5.29%	12.43%	-5.27%	12.26%	10.74%	13.77%	-100%	-
EBIT ¹	486.8	481.9	472.2	449.1	551.3	568	880.4	1,116	1,183	1,716	1,243	1,090	1,086	1,112	983.5	922.3	1,080	1,201	1,155	1,290	1,458	1,620	1,576	1,709	1,816	2,067	1,855	1,907
Change	-	-1%	-2.01%	-4.89%	22.76%	3.04%	55%	26.81%	5.94%	45.11%	-27.56%	-12.33%	-0.38%	2.37%	-11.53%	-6.22%	17.05%	11.28%	-3.86%	11.71%	13.02%	11.1%	-2.72%	8.46%	6.23%	13.86%	-10.27%	2.82%
Charge d'intérêts ¹	-48.33	-44.37	-47.43	-50.78	-54.46	-58.36	-57.54	-64.11	-63.45	-65.08	-69.46	-76.62	-83.34	-85.78	-85.5	-92.01	-89.43	-90.14	-87	-77.1	-77.78	-77.78	-77.03	-77.1	-77.1	-77.1	-	-
Earnings before Tax (EBT)	-	-	-	-	551.3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-100%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	29/10/19	31/01/20	06/05/20	04/08/20	30/10/20	08/02/21	04/05/21	03/08/21	02/11/21	08/02/22	03/05/22	02/08/22	01/11/22	07/02/23	08/05/23	07/08/23	07/11/23	06/02/24	01/05/24	31/07/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: KKR & Co. Inc.

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	24,667	28,061	31,878	36,021	27,126	3,612	3,004	2,144
Change	-	13.76%	13.6%	13%	-24.69%	-86.68%	-16.83%	-28.63%
Announcement Date	31/01/20	08/02/21	08/02/22	07/02/23	06/02/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: KKR & Co. Inc.

Fiscal Period: Dezember	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	153.4	102	85.06	108.4	73	113	147
Change	-	-33.47%	-16.65%	27.44%	-32.65%	54.79%	30.09%
Free Cash Flow (FCF) ¹	-6,107	-7,279	-5,364	-1,602	2,340	6,142	7,288
Change	-	19.19%	-26.3%	-70.13%	-246.05%	162.48%	18.66%
Announcement Date	08/02/21	08/02/22	07/02/23	06/02/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: KKR & Co. Inc.

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	107.7%	106.21%	157.68%	66.8%	75.57%	73.13%	71.78%	76.87%
EBIT Margin (%)	98.56%	96.21%	156.85%	66.3%	74.74%	75.22%	74.25%	77.01%
EBT Margin (%)	-	-	437.24%	-	78.8%	90.23%	88.45%	-6.11%
Net margin (%)	-	91.75%	146.11%	-13.32%	65.71%	48%	47.01%	49.31%
FCF margin (%)	-	-287.94%	-233.18%	-78.49%	-28.6%	31.59%	63.34%	64.17%
FCF / Net Income (%)	-	-313.83%	-159.59%	589.4%	-43.53%	65.81%	134.75%	130.13%
Profitability
ROA	-	-	2.65%	1.28%	1.19%	1.4%	1.7%	2.1%
ROE	14.45%	15.87%	29.14%	19.56%	16.86%	15.24%	15.41%	16.42%
Financial Health
Leverage (Debt/EBITDA)	12.3x	12.46x	6.48x	7.89x	6.41x	0.67x	0.43x	0.25x
Debt / Free cash flow	-	-4.59x	-4.38x	-6.72x	-16.93x	1.54x	0.49x	0.29x
Capital Intensity
CAPEX / Current Assets (%)	-	7.23%	3.27%	1.24%	1.94%	0.99%	1.17%	1.29%
CAPEX / EBITDA (%)	-	6.81%	2.07%	1.86%	2.56%	1.35%	1.62%	1.68%
CAPEX / FCF (%)	-	-2.51%	-1.4%	-1.59%	-6.77%	3.12%	1.84%	2.02%
Items per share
Cash flow per share ¹	-	-10.2	-11.34	-7.044	-1.638	4.53	4.99	5.88
Change	-	-	11.13%	-37.86%	-76.74%	-376.49%	10.16%	17.84%
Dividend per Share ¹	0.5	0.54	0.58	0.62	0.66	0.6992	0.7513	0.8208
Change	-	8%	7.41%	6.9%	6.45%	5.94%	7.45%	9.25%
Book Value Per Share ¹	19.24	23.09	28.77	26.73	30.95	34.84	39.53	47.06
Change	-	20.01%	24.6%	-7.09%	15.79%	12.56%	13.47%	19.04%
EPS ¹	-	3.37	7.31	-1.21	4.09	3.916	4.782	6.042
Change	-	-	116.91%	-116.55%	-438.02%	-4.25%	22.11%	26.35%
Nbr of stocks (in thousands)	5,50,458	5,69,189	5,85,009	8,61,112	8,85,009	8,87,440	8,87,440	8,87,440
Announcement Date	31/01/20	08/02/21	08/02/22	07/02/23	06/02/24	-	-	-