KKR & Co. Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	2,350	3,076	3,732	-521.66	4,732	2,003
Depreciation & Amortization, Total	97.3	90.7	86	72.2	62.7	18.63
Gain (Loss) On Sale of Investments	-610.11	425.7	-1,787	3,476	-5,498	-3,643
Stock-Based Compensation	732.89	746.44	618.47	730.24	529.82	326.76
Change in Other Net Operating Assets	-2,018	391.28	-7,126	-11,856	-8,369	-5,478
Other Operating Activities	4,915	1,776	2,859	2,726	2,264	819.11
Operating Cash Flow	5,266	6,650	-1,494	-5,279	-7,177	-5,954
Capital Expenditures	-180.1	-141.54	-108.39	-85.06	-102.05	-153.39
Cash Acquisitions	-146.27	-	-	-1,691	-473.78	-
Investment in Securities	-13,994	-18,941	-3,834	-11,835	-9,050	-
Other Investing Activities	24.17	34.71	59.46	-36.47	20.49	-
Investing Cash Flow	-14,296	-19,047	-3,883	-13,647	-9,606	-153.39
Long-Term Debt Issued	-	29,137	16,383	20,439	30,369	16,620
Long-Term Debt Repaid	-	-25,677	-12,764	-13,911	-21,474	-11,294
Net Debt Issued (Repaid)	3,191	3,460	3,619	6,528	8,896	5,327
Issuance of Common Stock	-	-	-	-	38.46	-
Repurchase of Common Stock	-3.36	-	-289.84	-346.65	-269.71	-246.16
Preferred Dividends Paid	-78.17	-	-51.75	-69	-88.2	-56.56
Common Dividends Paid	-640.51	-612.07	-563.29	-444.34	-331.43	-297.32
Dividends Paid	-718.67	-612.07	-615.03	-513.34	-419.63	-353.88
Other Financing Activities	11,902	4,229	10,060	16,387	12,619	3,961
Financing Cash Flow	16,915	7,076	12,774	22,055	20,364	9,804
Foreign Exchange Rate Adjustments	38.47	-118.95	25.41	-269.77	-48.89	59.42
Net Cash Flow	7,924	-5,440	7,423	2,859	3,533	3,756
Free Cash Flow	5,086	6,508	-1,602	-5,364	-7,279	-6,107
Free Cash Flow Growth	-34.38%	-	-	-	-	-
Free Cash Flow Margin	22.86%	24.63%	-8.58%	-97.26%	-29.33%	-71.76%
Free Cash Flow Per Share	5.32	6.93	-1.76	-7.16	-11.50	-10.46
Cash Interest Paid	2,734	2,937	2,691	1,500	1,242	1,045
Cash Income Tax Paid	1,194	781.55	981.43	764.97	658.58	179.92

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.