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KKR & Co LP (KKR) Files 10-K for the Fiscal Year Ended on December 31, 2017

- By insider

KKR & Co LP (KKR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. KKR & Co LP is a global investment firm which invests across multiple asset classes including private equity, energy, infrastructure, real estate, growth equity, credit and hedge funds. KKR & Co LP has a market cap of $10.49 billion; its shares were traded at around $21.96 with a P/E ratio of 11.27 and P/S ratio of 2.28. The dividend yield of KKR & Co LP stocks is 3.09%.


For the last quarter KKR & Co LP reported a revenue of $1.3 billion, compared with the revenue of $921.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $5.1 billion, an increase of 91.7% from last year. For the last five years KKR & Co LP had an average revenue decline of 18.4% a year.

The reported diluted earnings per share was $1.95 for the year, an increase of 230.5% from previous year. Over the last five years KKR & Co LP had an average EPS decline of 12.9% a year. The KKR & Co LP enjoyed an operating margin of 54.37%, compared with the operating margin of 36.52% a year before. The 10-year historical median operating margin of KKR & Co LP is 81.69%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, KKR & Co LP has the cash and cash equivalents of $1.9 billion, compared with $4.1 billion in the previous year. The long term debt was $21.2 billion, compared with $18.5 billion in the previous year. The interest coverage to the debt is 3.4. KKR & Co LP has a financial strength rank of 4 (out of 10).

At the current stock price of $21.96, KKR & Co LP is traded at 128% premium to its historical median P/S valuation band of $9.63. The P/S ratio of the stock is 2.28, while the historical median P/S ratio is 1.01. The stock gained 23.14% during the past 12 months.

Directors and Officers Recent Trades:

  • 10% Owner Holdings, L.p. Valueact bought 500,000 shares of KKR stock on 02/09/2018 at the average price of $21.03. The price of the stock has increased by 4.42% since.
  • 10% Owner Holdings, L.p. Valueact bought 1,450,000 shares of KKR stock on 02/08/2018 at the average price of $21.55. The price of the stock has increased by 1.9% since.

For the complete 20-year historical financial data of KKR, click here.

This article first appeared on GuruFocus.