FS KKR Capital (FSK) Operating Margin (2021 - 2026)
FS KKR Capital's (FSK) quarterly Operating Margin came in at 38.49% in Q1 2026, down 826.0% year-on-year from 5.3% in Q1 2025, and down 0.79% on a QoQ basis from 38.79% in Q4 2025.
FS KKR Capital (FSK) Operating Margin (2021 - 2026) Analysis & Trends
FS KKR Capital (FSK) has 6 years of Operating Margin data on file, last reported at 38.49% in Q1 2026.
- On a quarterly basis, Operating Margin fell 826.0% year-over-year to 38.49% in Q1 2026; TTM through Mar 2026 was 41.04%, a 567.0% decrease from a year earlier, with the FY2025 full-year figure at 43.05%, down 552.0% from the prior year.
- Operating Margin for Q1 2026 stood at 38.49%, down from 38.79% in the prior quarter.
- Over the last five years, Operating Margin for FSK reached as high as 55.56% in Q1 2022 and fell as low as 38.49% in Q1 2026.
- Historically, Operating Margin has averaged 47.39% across 5 years, with a median of 48.85% in 2024.
- Across the five-year window, Operating Margin sank 59 bps in 2024 and plunged 826 bps in 2026, its largest moves.
- Year by year, Operating Margin stood at 50.33% in 2022, then fell by 11 bps to 44.74% in 2023, then dropped by 6 bps to 42.01% in 2024, then decreased by 8 bps to 38.79% in 2025, then retreated by 1 bps to 38.49% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 38.49% in Q1 2026, 38.79% in Q4 2025, and 42.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 175.98% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 42.01% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 24.88% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 18.44% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 36.65% |
| 10 | FS KKR Capital | 2.96 Bn | 2.84 Bn | - | 38.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.49% |
| Dec 31, 2025 | 38.79% |
| Sep 30, 2025 | 42.63% |
| Jun 30, 2025 | 43.47% |
| Mar 31, 2025 | 46.75% |
| Dec 31, 2024 | 42.01% |
| Sep 30, 2024 | 48.75% |
| Jun 30, 2024 | 48.97% |
| Mar 31, 2024 | 48.85% |
| Dec 31, 2023 | 44.74% |
| Sep 30, 2023 | 50.32% |
| Jun 30, 2023 | 49.57% |
| Mar 31, 2023 | 50.22% |
| Dec 31, 2022 | 50.33% |
| Sep 30, 2022 | 52.55% |
| Jun 30, 2022 | 53.56% |
| Mar 31, 2022 | 55.56% |
| Dec 31, 2021 | 51.92% |
| Sep 30, 2021 | 55.83% |