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FS KKR Capital (FS KKR Capital) ROE % : 5.21% (As of Dec. 2023)


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What is FS KKR Capital ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. FS KKR Capital's annualized net income for the quarter that ended in Dec. 2023 was $360.0 Mil. FS KKR Capital's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $6,909.5 Mil. Therefore, FS KKR Capital's annualized ROE % for the quarter that ended in Dec. 2023 was 5.21%.

The historical rank and industry rank for FS KKR Capital's ROE % or its related term are showing as below:

FSK' s ROE % Range Over the Past 10 Years
Min: -11.63   Med: 7.86   Max: 27.99
Current: 10.02

During the past 13 years, FS KKR Capital's highest ROE % was 27.99%. The lowest was -11.63%. And the median was 7.86%.

FSK's ROE % is ranked better than
69.65% of 1697 companies
in the Asset Management industry
Industry Median: 4.06 vs FSK: 10.02

FS KKR Capital ROE % Historical Data

The historical data trend for FS KKR Capital's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FS KKR Capital ROE % Chart

FS KKR Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 -11.63 27.99 1.25 10.04

FS KKR Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.78 11.38 8.17 15.27 5.21

Competitive Comparison of FS KKR Capital's ROE %

For the Asset Management subindustry, FS KKR Capital's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FS KKR Capital's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FS KKR Capital's ROE % distribution charts can be found below:

* The bar in red indicates where FS KKR Capital's ROE % falls into.



FS KKR Capital ROE % Calculation

FS KKR Capital's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=696/( (7012+6849)/ 2 )
=696/6930.5
=10.04 %

FS KKR Capital's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=360/( (6970+6849)/ 2 )
=360/6909.5
=5.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


FS KKR Capital  (NYSE:FSK) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=360/6909.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(360 / 564)*(564 / 15426.5)*(15426.5 / 6909.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=63.83 %*0.0366*2.2327
=ROA %*Equity Multiplier
=2.34 %*2.2327
=5.21 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=360/6909.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (360 / 460) * (460 / 564) * (564 / 15426.5) * (15426.5 / 6909.5)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7826 * 81.56 % * 0.0366 * 2.2327
=5.21 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


FS KKR Capital ROE % Related Terms

Thank you for viewing the detailed overview of FS KKR Capital's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


FS KKR Capital (FS KKR Capital) Business Description

Traded in Other Exchanges
Address
201 Rouse Boulevard, Philadelphia, PA, USA, 19112
FS KKR Capital Corp is a business development company based in the United States. Its portfolio is comprised of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies. It is focused on providing customized credit solutions to private upper middle-market companies, which it generally defines as companies with annual EBITDA of at least $50 million at the time of investment.
Executives
Jerel A Hopkins director C/O FS INVESTMENT CORPORATION II, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Elizabeth Sandler director 201 ROUSE BLVD, PHILADELPHIA PA 19112
Brian Gerson officer: President, other: Investment Committee Member C/O SOLAR CAPITAL LTD., 500 PARK AVENUE, NEW YORK NY 10022
Daniel Pietrzak officer: Chief Investment Officer 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Barbara Adams director 112 NORTH WOOSTOCK STREET, PHILADELPHIA PA 19103
Richard I Goldstein director C/O INTELLON CORPORATION, 5955 T.G. LEE BLVD., SUITE 600, ORLANDO FL 32822
Michael C. Forman director, officer: President and CEO CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
James H Kropp director 701 WESTERN AVENUE, GLENDALE CA 91201
Brian R. Ford director 1 MILFORD WAY, MEDFORD NJ 08055
Todd C. Builione director, officer: President C/O KKR CREDIT ADVISORS (US) LLC, 9 WEST 57TH STREET, NEW YORK NY 10019
William Balke Goebel officer: Chief Financial Officer C/O FS INVESTMENT CORP., CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Stephen Sypherd officer: VP, Treasurer & Secretary C/O FRANKLIN SQUARE CAPITAL PARTNERS, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Osagie O Imasogie director
Steven C Lilly officer: Chief Financial Officer 1004 FARNAM STREET, SUITE 400, OMAHA NE 27511
Michael J Hagan director 555 EAST LANCASTER AVENUE, SUITE 640, RADNOR PA 19087

FS KKR Capital (FS KKR Capital) Headlines

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