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% on a QoQ basis from 11.53% in Q3 2025.
FS KKR Capital (FSK) has 5 years of Net Margin data on file, last reported at 7.18% in Q4 2025.
- Quarterly Net Margin fell 633.0% year-over-year to 7.18% in Q4 2025, while the trailing twelve-month figure through Mar 2026 was 4.78% (down 423.0% YoY) and the FY2025 annual result came in at 12.51%, down 771.0% from the prior year.
- Net Margin eased to 7.18% in Q4 2025 per FSK's latest filing, from 11.53% in the prior quarter.
- Across five years, Net Margin topped out at 36.39% in Q3 2021 and bottomed at 7.18% in Q4 2025.
- The 5-year median for Net Margin is 23.58% (2024), against an average of 22.12%.
- The widest annual swing landed in 2024, when Net Margin plunged 317 bps; it then tumbled 1047 bps in 2025.
- Tracing FSK's Net Margin over 5 years: stood at 31.87% in 2021, then slipped by 18 bps to 26.06% in 2022, then retreated by 30 bps to 18.34% in 2023, then slipped by 26 bps to 13.51% in 2024, then slumped by 47 bps to 7.18% in 2025.
- Per Business Quant, the three latest FSK Net Margin figures stand at 7.18% (Q4 2025), 11.53% (Q3 2025), and 13.51% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 34.73% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 34.77% |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 8.45% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 46.11% |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | -38.15% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 18.57% |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 18.73% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 37.97% |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 8.40% |
| 10 | FS KKR Capital | 3.05 Bn | 2.92 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% |