Discontinued — last reported Q4 '23
Asset Management — Accrued Compensation and Benefits
KKR & Co. Asset Management — Accrued Compensation and Benefits decreased by 65.1% to $210.63M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 20.7%, from $265.71M to $210.63M. Over 2 years (FY 2021 to FY 2023), Asset Management — Accrued Compensation and Benefits shows a downward trend with a -11.0% CAGR.
Analysis
How to read this metric
An increase often correlates with headcount growth or higher performance-based bonus accruals, while a decrease may suggest lower variable compensation or timing of payments.
Detailed definition
Represents the liability for earned but unpaid salaries, bonuses, and benefits owed to employees within the asset manage...
Peer comparison
Standard 'accrued compensation' liability found across all professional services and financial firms.
kkr_segment_asset_management_accrued_compensation_and_benefitsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $571.36M | $847.28M | $210.79M | $438.55M | $720.45M | $950.11M | $265.71M | $277.19M | $413.48M | $603.65M | $210.63M |
| QoQ Change | — | +48.3% | -75.1% | +108.1% | +64.3% | +31.9% | -72.0% | +4.3% | +49.2% | +46.0% | -65.1% |
| YoY Change | — | — | — | — | +26.1% | +12.1% | +26.1% | -36.8% | -42.6% | -36.5% | -20.7% |
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Frequently Asked Questions
- What is KKR & Co.'s asset management — accrued compensation and benefits?
- KKR & Co. (KKR) reported asset management — accrued compensation and benefits of $210.63M in Q4 2023.
- How has KKR & Co.'s asset management — accrued compensation and benefits changed year-over-year?
- KKR & Co.'s asset management — accrued compensation and benefits decreased by 20.7% year-over-year, from $265.71M to $210.63M.
- What is the long-term trend for KKR & Co.'s asset management — accrued compensation and benefits?
- Over 2 years (2021 to 2023), KKR & Co.'s asset management — accrued compensation and benefits has grown at a -11.0% compound annual growth rate (CAGR), from $1.9B to $1.5B.
- What does asset management — accrued compensation and benefits mean?
- The total amount of earned employee pay and benefits not yet paid out.