KKR & Co. KKR EBITDA margin

EBITDA margin at other companies

BlackstoneBX

52.4%+1.5pp

The Carlyle GroupCG

28.1%-2.5pp

Apollo Global ManagementAPO

23.1%-7.6pp

Brookfield Asset ManagementBAM

63.3%-1.8pp

Cincinnati FinancialCINF

28.2%+10.2pp

BlackrockBLK

36.9%-2.1pp

Questions, answered.

What does EBITDA margin mean?

Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.

How do you interpret EBITDA margin?

Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.

How does EBITDA margin compare across companies?

Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.