FS KKR Capital (FSK) Net Margin (2021 - 2025)

FS KKR Capital (FSK) reported Net Margin of 7.18% for Q4 2025, down 633.0% year-over-year from 1.35% in Q4 2024, and down 37.68% quarter-over-quarter from 11.53% in Q3 2025.

FS KKR Capital (FSK) Net Margin (2021 - 2025) Analysis & Trends

FS KKR Capital (FSK) has 5 years of Net Margin data on file, last reported at 7.18% in Q4 2025.

  • Net Margin for Q4 2025 came in at 7.18%, down 633.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.78% (down 423.0% YoY), and the FY2025 annual result was 12.51%, down 771.0% from the prior year.
  • Net Margin slipped to 7.18% in Q4 2025 per FSK's latest filing, from 11.53% in the prior quarter.
  • Over five years, Net Margin peaked at 36.39% in Q3 2021 and troughed at 7.18% in Q4 2025.
  • A 5-year average of 22.12% and a median of 23.58% in 2024 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2024 and 2025: Net Margin slumped 317 bps in 2024, then sank 1047 bps in 2025.
  • A 5-year view of Net Margin shows it stood at 31.87% in 2021, then declined by 18 bps to 26.06% in 2022, then slipped by 30 bps to 18.34% in 2023, then declined by 26 bps to 13.51% in 2024, then plunged by 47 bps to 7.18% in 2025.
  • Business Quant data shows FSK's Net Margin at 7.18% in Q4 2025, 11.53% in Q3 2025, and 13.51% in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 34.73%
2 Blackstone 96.85 Bn 95.80 Bn - 34.77%
3 Kkr 86.45 Bn 133.96 Bn - 8.45%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -38.15%
5 State Street 46.95 Bn 21.27 Bn - 18.57%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 18.73%
7 Northern Trust 31.92 Bn 31.92 Bn - 37.97%
8 Raymond James Financial 30.62 Bn 19.37 Bn - 12.72%
9 Ares Management 29.04 Bn 32.41 Bn - 8.40%
10 FS KKR Capital 2.88 Bn 2.75 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 7.18%
Sep 30, 2025 11.53%
Dec 31, 2024 13.51%
Sep 30, 2024 22.00%
Dec 31, 2023 18.34%
Sep 30, 2023 25.16%
Dec 31, 2022 26.06%
Sep 30, 2022 29.20%
Dec 31, 2021 31.87%
Sep 30, 2021 36.39%