Sector: Financials | Industry: Closed End Funds |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 201 Rouse Blvd PHILADELPHIA PA 19112-1902 |
Tel: | N/A |
Website: | https://www.fskkradvisor.com |
IR: | See website |
Key People | ||
Michael C. Forman Chairman of the Board, Chief Executive Officer, Interested Director | Ryan Wilson Co-Chief Operating Officer | Daniel Pietrzak Co-President, Chief Investment Officer, Interested Director |
Brian Gerson Co-President | Steven C. Lilly Chief Financial Officer | William Goebel Chief Accounting Officer |
James Francis Volk Chief Compliance Officer | Stephen S. Sypherd General Counsel, Secretary | Zach Chalfant Treasurer | Drew O'toole Co-Chief Operating Officer |
Business Overview |
FS KKR Capital Corp. is an externally managed, non-diversified, closed-end management investment company, which regulates as a business development company (BDC). It is focused on providing customized credit solutions to private middle market United States companies. Its investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. Its portfolio is composed primarily of investments in senior secured loans and second lien secured loans of private middle market United States companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private United States companies. In addition, a portion of its portfolio may be comprised of corporate bonds, structured products, other debt securities and derivatives, including total return swaps and credit default swaps. It invests in sectors, such as financial services, commercial and professional services, among others. It is managed by FS/KKR Advisor, LLC. |
Financial Overview |
For the fiscal year ended 31 December 2023, FS KKR Capital Corp revenues increased 12% to $1.83B. Net income increased from $92M to $696M. Revenues reflect Interest income unaffiliated increase of 16% to $1.18B, Dividend income increase of 16% to $266M, Interest Income - Investment increase of 50% to $108M. Net income benefited from Net change in unrealized appreciation (d increase from $679M (expense) to $30M (income). |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $13,305M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,830M as of Dec 31, 2023 |
EBITDA (TTM): | $914.00M as of Dec 31, 2023 |
Net annual income (TTM): | $696.00M as of Dec 31, 2023 |
Free cash flow (TTM): | $561.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $7,964M as of Dec 31, 2023 |
Shares outstanding: | 280,066,433 as of Jan 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |