FS KKR Capital (FSK) EV to EBITDA (2021 - 2025)
FS KKR Capital's (FSK) quarterly EV to EBITDA came in at 25.93 in Q4 2025, down 13.36% year-over-year from 29.92 in Q4 2024, and up 4.03% quarter-over-quarter from 24.92 in Q3 2025.
Analysis
FS KKR Capital (FSK) EV to EBITDA (2021 - 2025) Analysis & Trends
FS KKR Capital (FSK) has reported EV to EBITDA for 5 consecutive years, with 25.93 the latest figure, recorded in Q4 2025.
- On a quarterly basis, EV to EBITDA fell 13.36% year-over-year to 25.93 in Q4 2025; TTM through Dec 2025 was 5.47, a 18.47% decrease from a year earlier, with the FY2025 full-year figure at 5.87, down 15.49% from the prior year.
- EV to EBITDA was 25.93 for Q4 2025 at FS KKR Capital, up from 24.92 in the prior quarter.
- Over five years, EV to EBITDA peaked at 31.26 in Q3 2021 and troughed at 19.19 in Q4 2022.
- A 5-year average of 25.15 and a median of 24.56 in 2023 frame the typical range for EV to EBITDA.
- Across the five-year window, EV to EBITDA plunged 33.19% in 2022 and grew 26.05% in 2023, its largest moves.
- Over 5 years, EV to EBITDA stood at 28.36 in 2021, then plunged by 32.33% to 19.19 in 2022, then increased by 26.05% to 24.19 in 2023, then grew by 23.71% to 29.92 in 2024, then dropped by 13.36% to 25.93 in 2025.
- The last three EV to EBITDA figures came in at 25.93 (Q4 2025), 24.92 (Q3 2025), and 29.92 (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.73 Bn | - |
| 2 | Blackstone Secured Lending Fund | 5.69 Bn | 5.42 Bn | - |
| 3 | Blue Owl Capital | 5.52 Bn | 5.28 Bn | - |
| 4 | Main Street Capital | 5.26 Bn | 5.20 Bn | - |
| 5 | Blue Owl Technology Finance | 5.05 Bn | 4.84 Bn | - |
| 6 | Hercules Capital | 4.64 Bn | 4.59 Bn | - |
| 7 | FS KKR Capital | 3.37 Bn | 3.27 Bn | - |
| 8 | Golub Capital Bdc | 3.34 Bn | 3.30 Bn | - |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -129.09 Mn | - |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 25.93 |
| Sep 30, 2025 | 24.92 |
| Dec 31, 2024 | 29.92 |
| Sep 30, 2024 | 24.00 |
| Dec 31, 2023 | 24.19 |
| Sep 30, 2023 | 22.84 |
| Dec 31, 2022 | 19.19 |
| Sep 30, 2022 | 20.89 |
| Dec 31, 2021 | 28.36 |
| Sep 30, 2021 | 31.26 |