Loading company filing…
Find a company. Follow its revenue through costs and profit.
Coverage includes separate ticker and security records; counts are not unique companies.
Sankey diagram of KKR & Co. Inc.. A complete text table follows the diagram.
A $758 billion asset manager earns recurring fees, shares investment performance with employees, and invests a vast pool of Global Atlantic policyholder capital
Swipe to explore
This diagram uses KKR's directly reported non-GAAP segment earnings framework because GAAP results consolidate investment funds and insurance accounting that obscure the manager's operating economics. It is not a bridge to GAAP net income; the filing separately reconciles $1,625.808M segment earnings to $462.890M GAAP pretax income.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| Management fees | 1 | $1.2B | Recurring fees on $615B of fee-paying AUM |
| Transaction & monitoring fees | 1 | $253M | Portfolio transaction economics, net |
| Fee-related performance revenue | 1 | $23.8M | Incentive fees within fee earnings |
| Fee-related revenue pool | 2 | $1.5B | Recurring asset-management economics |
| Realized performance income | 2 | $756M | Realized carried interest |
| Realized investment income | 2 | $122M | KKR balance-sheet investing |
| Insurance net investment income | 2 | $1.9B | Return on Global Atlantic assets |
| Fee-related earnings | 3 | $1.0B | Recurring fee profit · +24% |
| Fee-related compensation | 3 | $257M | Employee compensation |
| Other fee operating costs | 3 | $195M | Asset-management platform |
| Retained realized carry | 3 | $197M | After carry-pool compensation |
| Carry-pool compensation | 3 | $559M | Employee share of realized performance |
| Retained investment income | 3 | $104M | After investment compensation |
| Investment compensation | 3 | $18.3M | Compensation tied to investment income |
| Insurance operating earnings | 3 | $260M | Investment spread after policy costs |
| Net cost of insurance | 3 | $1.5B | Policyholder crediting and benefits |
| Insurance G&A | 3 | $187M | Global Atlantic operating platform |
| Strategic-holdings dividends | 3 | $48.3M | Core balance-sheet holdings |
| Asset Management segment earnings | 4 | $1.3B | Fees, carry and investing combined |
| Total segment earnings | 5 | $1.6B | KKR's operating-performance measure |
| From | To | Value |
|---|---|---|
| Management fees | Fee-related revenue pool | $1.2B |
| Transaction & monitoring fees | Fee-related revenue pool | $253M |
| Fee-related performance revenue | Fee-related revenue pool | $23.8M |
| Fee-related revenue pool | Fee-related earnings | $1.0B |
| Fee-related revenue pool | Fee-related compensation | $257M |
| Fee-related revenue pool | Other fee operating costs | $195M |
| Realized performance income | Retained realized carry | $197M |
| Realized performance income | Carry-pool compensation | $559M |
| Realized investment income | Retained investment income | $104M |
| Realized investment income | Investment compensation | $18.3M |
| Insurance net investment income | Insurance operating earnings | $260M |
| Insurance net investment income | Net cost of insurance | $1.5B |
| Insurance net investment income | Insurance G&A | $187M |
| Fee-related earnings | Asset Management segment earnings | $1.0B |
| Retained realized carry | Asset Management segment earnings | $197M |
| Retained investment income | Asset Management segment earnings | $104M |
| Asset Management segment earnings | Total segment earnings | $1.3B |
| Insurance operating earnings | Total segment earnings | $260M |
| Strategic-holdings dividends | Total segment earnings | $48.3M |