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| Date | Value |
|---|---|
| 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% |