KKR & CO. INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $2.37B | $3.08B | $3.73B | $-521.7M | $4.73B | $2.00B | $2.01B | $1.13B |
| Depreciation & Amortization | $-162.5M | $-119.3M | $68.3M | $364.2M | $386.9M | $-64.2M | $-34.5M | $15.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | $7.7M |
| Stock-Based Compensation | $722.1M | $746.4M | $618.5M | $730.2M | $529.8M | $326.8M | $297.7M | $331.7M |
| Net Cash from Operating Activities | $477.8M | $6.65B | $-1.49B | $-5.28B | $-7.18B | $-5.95B | $-5.68B | $-7.61B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | $194.6M | $102.7M |
| Business Acquisitions | $146.3M | $0 | $0 | — | $473.8M | $0 | $0 | — |
| Net Cash from Investing Activities | $-16.28B | $-19.05B | $-3.88B | $-13.65B | $-9.61B | $-153.4M | $-207.4M | $-78.6M |
| Financing Activities | ||||||||
| Dividends Paid | $649.9M | $612.1M | $563.3M | $444.3M | $331.4M | $297.3M | $271.5M | $322.3M |
| Stock Repurchases | $3.4M | $0 | $289.8M | $346.7M | $269.7M | $246.2M | $72.1M | $173.1M |
| Net Cash from Financing Activities | $17.43B | $7.08B | $12.77B | $22.06B | $20.36B | $9.80B | $6.48B | $6.62B |
| Net Change in Cash | $1.78B | $-5.44B | $7.42B | $2.86B | $3.53B | $3.76B | $595.9M | $-1.09B |
| Free Cash Flow | — | — | — | — | — | — | $-5.88B | $-7.71B |