AI English summary of an SEC filing — figures as filed
KKR KKRThe company said full-year 2024 Fee Related Earnings rose 37% year over year to $3.3 billion ($3.66 per adjusted share), and Total Operating Earnings rose 36% to $4.4 billion.
Key points
AI summaryThe company said full-year 2024 Fee Related Earnings rose 37% year over year to $3.3 billion ($3.66 per adjusted share), and Total Operating Earnings rose 36% to $4.4 billion.
KKR said its assets under management at the end of 2024 rose 15% year over year to $638 billion, with new capital raised of $114 billion for the year and capital invested of $84 billion.
The company said it has arrangements in place to increase its stakes in USI Insurance Services, 1-800 Contacts and Heartland Dental by about $1.1 billion. It also raised its Strategic Holdings Operating Earnings outlook to $350+ million for 2026, $700+ million for 2028 and $1.1+ billion for 2030. The prior outlook was $300+ million, $600+ million and $1+ billion, respectively.
The company declared a regular dividend of $0.175 per share of common stock for Q4. It said it intends to raise its regular annualized dividend per share of common stock from $0.70 to $0.74, beginning with the dividend to be announced with the results for the quarter ending March 31, 2025.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Full-Year Fee Related Earnings and Total Operating Earnings
The company said full-year 2024 Fee Related Earnings rose 37% year over year to $3.3 billion ($3.66 per adjusted share), and Total Operating Earnings rose 36% to $4.4 billion.
Source · Based on the filing body and exhibits
AUM and Full-Year New Capital Raised and Investment
KKR said its assets under management at the end of 2024 rose 15% year over year to $638 billion, with new capital raised of $114 billion for the year and capital invested of $84 billion.
Source · Based on the filing body and exhibits
Strategic Holdings Stake Increases and Outlook Change
The company said it has arrangements in place to increase its stakes in USI Insurance Services, 1-800 Contacts and Heartland Dental by about $1.1 billion. It also raised its Strategic Holdings Operating Earnings outlook to $350+ million for 2026, $700+ million for 2028 and $1.1+ billion for 2030. The prior outlook was $300+ million, $600+ million and $1+ billion, respectively.
Source · Based on the filing body and exhibits
Dividend Declaration and Intent to Raise Annual Dividend
The company declared a regular dividend of $0.175 per share of common stock for Q4. It said it intends to raise its regular annualized dividend per share of common stock from $0.70 to $0.74, beginning with the dividend to be announced with the results for the quarter ending March 31, 2025.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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