Non-Current Liabilities
Market risk benefits
KKR & Co. Market risk benefits increased by 3.9% to $1.35B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 34.7%, from $1.00B to $1.35B. Over 3 years (FY 2022 to FY 2025), Market risk benefits shows an upward trend with a 25.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ4 2022
Last reportedQ4 2025
How to read this metric
An increase indicates higher exposure to market volatility and potential future payouts, often driven by declining market conditions.
Detailed definition
This liability represents the fair value of market risk benefits associated with certain insurance contracts, such as va...
Peer comparison
Common among insurers with significant variable annuity or investment-linked product portfolios.
Metric ID:
non_current_liabilities_market_risk_benefit_liability_amountHistorical Data
13 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $682.04M | $764.41M | $828.36M | $774.64M | $1.12B | $1.02B | $1.02B | $1.12B | $1.00B | $1.21B | $1.22B | $1.30B | $1.35B |
| QoQ Change | — | +12.1% | +8.4% | -6.5% | +44.7% | -8.7% | -0.3% | +9.4% | -10.2% | +20.4% | +1.5% | +6.1% | +3.9% |
| YoY Change | — | — | — | — | +64.4% | +33.8% | +23.1% | +44.1% | -10.6% | +17.9% | +20.0% | +16.4% | +34.7% |
Range$682.04M – $1.35B
CAGR+25.6%
Avg YoY Growth+27.1%
Median YoY Growth+23.1%
Current Streak4 quarters growth
Business Segments
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Insurance | $1.02B | $1.02B | $1.12B | $1.00B | $1.21B | $1.22B | $1.30B | $1.35B |
| Total | $1.02B | $1.02B | $1.12B | $1.00B | $1.21B | $1.22B | $1.30B | $1.35B |
Market risk benefits at Other Companies
Frequently Asked Questions
- What is KKR & Co.'s market risk benefits?
- KKR & Co. (KKR) reported market risk benefits of $1.35B in Q4 2025.
- How has KKR & Co.'s market risk benefits changed year-over-year?
- KKR & Co.'s market risk benefits increased by 34.7% year-over-year, from $1.00B to $1.35B.
- What is the long-term trend for KKR & Co.'s market risk benefits?
- Over 3 years (2022 to 2025), KKR & Co.'s market risk benefits has grown at a 25.6% compound annual growth rate (CAGR), from $682.04M to $1.35B.
- What does market risk benefits mean?
- The liability for guarantees provided to policyholders that are tied to financial market performance.