Question 1

What is KKR & Co.'s P/FCF ratio?

Accepted Answer

KKR & Co. (KKR) P/FCF ratio is 12.9× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for KKR & Co.?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For KKR & Co. specifically, the relevant sector benchmark is the current sector median of 11.1×.

Question 5

Is KKR & Co.'s P/FCF ratio high or low?

Accepted Answer

KKR & Co.'s P/FCF ratio of 12.9× is below its own 5-year average of 20.4× and above the sector median of 11.1×. That places the current reading at the 8th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is KKR & Co.'s historical P/FCF ratio range?

Accepted Answer

In the available daily series, KKR & Co. (KKR) P/FCF ratio has ranged from a low of 0.6× in 2012 to a high of 61.3× in 2024. The 5-year average is 20.4× and the 5-year median is 15.1×.

Question 7

What was KKR & Co.'s P/FCF ratio in 2025?

Accepted Answer

KKR & Co. (KKR) P/FCF ratio at the end of 2025 was 15.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does KKR & Co.'s P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$113.64B	$7.52B	15.1×	-5.1×	Dec 31, 2025
2024	$131.38B	$6.51B	20.2×	—	Dec 31, 2024
2023	$73.32B	−$1.60B	—	—	Dec 31, 2023
2022	$39.97B	−$5.36B	—	—	Dec 31, 2022
2021	$43.71B	−$7.28B	—	—	Dec 31, 2021
2020	$23.11B	−$6.11B	—	—	Dec 31, 2020
2019	$16.20B	−$5.89B	—	—	Dec 31, 2019
2018	$10.37B	−$7.71B	—	—	Dec 31, 2018
2017	$10.13B	−$4.09B	—	—	Dec 31, 2017
2016	$6.94B	−$1.63B	—	—	Dec 31, 2016
2015	$7.02B	$120.03M	58.5×	+50.4×	Dec 31, 2015
2014	$10.01B	$1.24B	8.1×	+5.3×	Dec 31, 2014
2013	$7.01B	$2.56B	2.7×	+2.1×	Dec 31, 2013
2012	$3.80B	$6.16B	0.6×	—	Dec 31, 2012
2011	$2.89B	−$226.79M	—	—	Dec 31, 2011
2010	$2.97B	$720.32M	4.1×	—	Dec 31, 2010
2009	$1.74B	−$368.36M	—	—	Dec 31, 2009


Assurant (AIZ)	7.5×
Progressive (PGR)	7.1×
Cincinnati Financial (CINF)	7.1×
Alerus Financial (ALRS)	7.0×
Interactive Brokers (IBKR)	6.9×
Invesco (IVZ)	6.9×
American Financial Group (AFG)	6.8×
The Hartford (HIG)	6.5×
Commerce Bancshares (CBSH)	6.4×
Bank of America (BAC)	6.3×
Arch Capital Group (ACGL)	5.9×
JPMorgan Chase (JPM)	5.8×
Travelers Companies (TRV)	5.5×
Principal Financial Group (PFG)	5.5×
Everest Re Group (RE)	5.0×
Allstate (ALL)	4.7×
Everest Re Group (EG)	4.6×
Capital One Financial (COF)	3.9×
Prudential Financial (PRU)	3.5×
Mercury General (MCY)	3.4×
RenaissanceRe Holdings (RNR)	3.0×
MetLife (MET)	2.8×
Synchrony Financial (SYF)	2.4×
Atlantic Union Bankshares (AUB)	2.2×
StoneX Group (SNEX)	0.8×

P/FCF Ratio for KKR & Co. (KKR)

P/FCF Ratio daily chart for KKR & Co. (KKR)

Historical P/FCF Ratio for KKR & Co. (KKR) from 2009 to 2025

About P/FCF Ratio at KKR & Co. (KKR)

KKR & Co. P/FCF Ratio by Year

KKR & Co. P/FCF Ratio 2025: 15.1×

KKR & Co. P/FCF Ratio 2024: 20.2×

KKR & Co. P/FCF Ratio 2015: 58.5×

KKR & Co. P/FCF Ratio 2014: 8.1×

KKR & Co. P/FCF Ratio 2013: 2.7×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

KKR & Co. (KKR) Key Financials

P/FCF Ratio daily chart for KKR & Co. (KKR)

Historical P/FCF Ratio for KKR & Co. (KKR) from 2009 to 2025

About P/FCF Ratio at KKR & Co. (KKR)

KKR & Co. P/FCF Ratio by Year

KKR & Co. P/FCF Ratio 2025: 15.1×

KKR & Co. P/FCF Ratio 2024: 20.2×

KKR & Co. P/FCF Ratio 2015: 58.5×

KKR & Co. P/FCF Ratio 2014: 8.1×

KKR & Co. P/FCF Ratio 2013: 2.7×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is KKR & Co.'s P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for KKR & Co.?

+Is KKR & Co.'s P/FCF ratio high or low?

+What is KKR & Co.'s historical P/FCF ratio range?

+What was KKR & Co.'s P/FCF ratio in 2025?

+Why does KKR & Co.'s P/FCF ratio change over time?

KKR & Co. (KKR) Key Financials