Other

Liabilities

KKR & Co. Liabilities increased by 0.6% to $31.47B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.7%, from $28.42B to $31.47B. Over 5 years (FY 2020 to FY 2025), Liabilities shows an upward trend with a 12.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ4 2025

How to read this metric

An increase indicates a larger portion of liabilities is subject to market-to-market valuation, potentially increasing earnings volatility.

Detailed definition

Liabilities for which the firm has elected the fair value option, meaning they are measured at fair value with changes r...

Peer comparison

Common in financial services; peers report this as 'Liabilities at Fair Value' or 'Fair Value Option Liabilities'.

Metric ID: other_fair_value_option_liabilities

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$22.16B$21.89B$23.14B$22.95B$22.68B$22.63B$23.68B$25.23B$25.64B$25.81B$26.60B$26.40B$26.52B$27.50B$28.42B$28.07B$29.32B$31.29B$31.47B
QoQ Change-1.2%+5.7%-0.8%-1.2%-0.2%+4.6%+6.5%+1.6%+0.7%+3.0%-0.8%+0.5%+3.7%+3.3%-1.2%+4.5%+6.7%+0.6%
YoY Change+2.4%+3.4%+2.3%+9.9%+13.0%+14.1%+12.3%+4.6%+3.4%+6.5%+6.8%+6.3%+10.6%+13.8%+10.7%
Range$21.89B$31.47B
CAGR+8.1%
Avg YoY Growth+8.0%
Median YoY Growth+6.8%
Current Streak3 quarters growth

Business Segments

View all
SegmentQ1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Asset Management and Strategic Holdings$25.08B$25.25B$26.19B$27.15B$26.77B$28.07B$30.03B$30.23B
Insurance$1.32B$1.27B$1.31B$1.27B$1.29B$1.26B$1.26B$1.24B
Total$26.40B$26.52B$27.50B$28.42B$28.07B$29.32B$31.29B$31.47B

Asset Management was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is KKR & Co.'s liabilities?
KKR & Co. (KKR) reported liabilities of $31.47B in Q4 2025.
How has KKR & Co.'s liabilities changed year-over-year?
KKR & Co.'s liabilities increased by 10.7% year-over-year, from $28.42B to $31.47B.
What is the long-term trend for KKR & Co.'s liabilities?
Over 5 years (2020 to 2025), KKR & Co.'s liabilities has grown at a 12.6% compound annual growth rate (CAGR), from $17.37B to $31.47B.
What does liabilities mean?
Liabilities that the company chooses to value at current market prices rather than historical cost.