Discontinued — last reported Q4 '23
Business Segments · Occupancy and Related Charges
Asset Management — Occupancy and Related Charges
KKR & Co. Asset Management — Occupancy and Related Charges decreased by 5.5% to $23.15M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 7.3%, from $21.58M to $23.15M. Over 2 years (FY 2021 to FY 2023), Asset Management — Occupancy and Related Charges shows an upward trend with a 16.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ4 2023
Rolls up toOccupancy and equipment
How to read this metric
Significant increases may indicate expansion of physical office footprint or rising real estate costs.
Detailed definition
Costs associated with office space, including rent, utilities, and facility maintenance for the asset management segment...
Peer comparison
Standard operating expense category for all corporate entities.
Metric ID:
kkr_segment_asset_management_occupancy_and_related_chargesHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18.65M | $17.44M | $17.80M | $18.15M | $18.86M | $18.68M | $21.58M | $22.15M | $23.59M | $24.50M | $23.15M |
| QoQ Change | — | -6.5% | +2.0% | +2.0% | +3.9% | -0.9% | +15.5% | +2.6% | +6.5% | +3.8% | -5.5% |
| YoY Change | — | — | — | — | +1.1% | +7.1% | +21.3% | +22.0% | +25.1% | +31.1% | +7.3% |
Range$17.44M – $24.50M
CAGR+9.0%
Avg YoY Growth+16.4%
Median YoY Growth+21.3%
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Frequently Asked Questions
- What is KKR & Co.'s asset management — occupancy and related charges?
- KKR & Co. (KKR) reported asset management — occupancy and related charges of $23.15M in Q4 2023.
- How has KKR & Co.'s asset management — occupancy and related charges changed year-over-year?
- KKR & Co.'s asset management — occupancy and related charges increased by 7.3% year-over-year, from $21.58M to $23.15M.
- What is the long-term trend for KKR & Co.'s asset management — occupancy and related charges?
- Over 2 years (2021 to 2023), KKR & Co.'s asset management — occupancy and related charges has grown at a 16.3% compound annual growth rate (CAGR), from $69.08M to $93.39M.
- What does asset management — occupancy and related charges mean?
- The cost of office space and facilities for the asset management segment.