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FSKFS KKR Capital Corp.
$11.70$3.3B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
FSK logo

FS KKR Capital Corp.

FSK
NYSE · BDCs & Private Credit
$11.70
At close - Nov 6, 4:00 PM EST - USD
Market Cap$3.28B
P/E-6.4x
52W High$16.31
Volume2.63M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Portfolio Rebalancing Masks Structural Earnings and Liquidity Stress

FSK is undergoing a significant portfolio rebalancing, evidenced by a 21% contraction in total assets from $15.2B to $12.0B, which appears to be masking underlying credit deterioration and earnings instability.

GrowthDecelerating
ProfitabilityStrained
ValuationAttractive
TechnicalsNeutral
Explore valuation models
MARKET ACTION

FSK price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

-144% Peers

P/E is 144% below peer median

03

Market leadership

RS 68 · Avg

Average momentum (RS Rating: 68)

04

Trend Check

N/A

Trend data unavailable

Next CatalystEstimated earnings · Feb 5

Market performance

Price History →

Trailing total returns as of 11/9/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
FSK-12.66%
S&P 500 (^GSPC)+7.63%
1-Year Return
FSK-9.66%
S&P 500 (^GSPC)+9.69%
3-Year Return
FSK-1.32%
S&P 500 (^GSPC)+69.05%
5-Year Return
FSK+15.18%
S&P 500 (^GSPC)+57.04%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-6.4x
Forward P/E
7.2x
EV/EBITDA
N/A
FCF YieldCash Flow
49.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-6.4x
10.4x
0th· Low
EV/EBITDA
N/A
19.2x
N/A
Price/FCF
2.0x
7.0x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$3.38-71.1%
Base (Fair)$6.31-46.1%
Bull$4.91-58.0%
$3.38 Bear$6.31 Base$4.91 Bull
Current Market Price: $11.70
Trades at a 85.4% premium to Base DCF ($6.31)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$707M+6.5% YoY
Net income FY25
$11M-98.1% YoY
Free cash flow FY25
$592M-68.9% YoY
Operating margin FY25
82%-9.5 pts YoY
ROIC (FY25)3.2%
Avg ROIC 5Y4%
ROE (TTM)-9.6%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
Revenue Beat Rate3/12 (25%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 5, 2026
$0.46+14.7%
vs $0.40
$294M+7.1%
vs $275M
Q3 2026
Aug 6, 2026
$0.43+3.0%
vs $0.42
$290M+1.1%
vs $287M
Q2 2026
May 11, 2026
$0.41-6.8%
vs $0.44
$304M-4.0%
vs $317M
Q1 2026
Feb 25, 2026
$0.52-5.5%
vs $0.55
$348M-3.8%
vs $362M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
MarketBeat·2d ago
What FS KKR Capital (FSK) Said on Its Q3 Earnings Call

FS KKR Capital NYSE: FSK reported third-quarter 2026 net investment income of $0.46 per share, aided by a one-time dividend from portfolio company Belk and a temporary incentive fee waiver. The company said it is prioritizing share repurchases and lower leverage as it works through challenged investments.

Defense World·3d ago
International Assets Investment Management LLC Sells 123,642 Shares of FS KKR Capital Corp. $FSK

International Assets Investment Management LLC reduced its position in shares of FS KKR Capital Corp. (NYSE: FSK) by 80.5% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 30,005 shares of the company's stock after selling 123,642 shares during the quarter. International Assets

Zacks Investment Research·4d ago
FS KKR Capital (FSK) Q3 Earnings and Revenues Beat Estimates

FS KKR Capital (FSK) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.4 per share. This compares to earnings of $0.57 per share a year ago.

PRNewsWire·4d ago
FS KKR Capital Corp. Announces Third Quarter 2026 Results

PHILADELPHIA and NEW YORK, Nov. 5, 2026 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), or the Company, today announced its financial and operating results for the quarter ended September 30, 2026, and that its board of directors previously, on October 7, 2026,  declared a fourth quarter 2026 distribution of $0.44 per share to common stockholders and a special distribution of $0.20 per share to common stockholders. Financial and Operating Highlights for the Quarter Ended September 30, 2026 (1) Net investment income of $0.46 per share, compared to $0.44 per share for the quarter ended June 30, 2026 Adjusted net investment income(2) of $0.46 per share, compared to $0.43 per share for the quarter ended June 30, 2026 Net asset value of $18.28 per share as of September 30, 2026, compared to $18.30 per share as of June 30, 2026 Total net realized and unrealized loss of $0.19 per share, compared to a total net realized and unrealized loss of $0.56 per share for the quarter ended June 30, 2026 Adjusted net realized and unrealized loss(2) of $0.18 per share, compared to adjusted net realized and unrealized loss of $0.55 per share for the quarter ended June 30, 2026 Earnings (Loss) per share of $0.26, compared to Earnings (Loss) per share of ($0.13) for the quarter ended June 30, 2026 Total purchases of $335 million versus $442 million of sales and repayments Debt to equity ratio as of September 30, 2026 was 127%, compared to 127% as of June 30, 2026 Net debt to equity ratio(3) as of September 30, 2026 was 125%, compared to 122% as of June 30, 2026 Paid a third quarter 2026 distribution of $0.44 per share to common stockholders(4) "During the third quarter, FSK continued making progress toward our previously stated strategic goals," said Michael C.

Filtered for FS KKR Capital Corp.More Headlines
04

Compare before deciding

Benchmark FSK against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for FS KKR Capital Corp. (FSK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FSK logoFSKFS KKR Capital Corp.Current
$11.70$3.28B-6.446.48%-107.95%-9.58%23.93%
ARCC logoARCCAres Capital Corporation
$19.13$13.74B15.74-11.83%55%6.23%9.45%
GBDC logoGBDCGolub Capital BDC, Inc.
$12.74$3.32B22.6244.68%31.97%3.82%10.87%
OBDC logoOBDCBlue Owl Capital Corporation
$10.94$5.43B15.8262.44%33.98%4.76%13.59%
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.37$177.42M8.1755.25%58.87%6.24%23.45%
PSEC logoPSECProspect Capital Corporation
$1.41$706.42M13.66225.22%13.37%1.32%49.59%

Compare FSK vs Peers

FS KKR Capital Corp. (FSK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ARCC

Most directly comparable listed peer for FSK.

Scale Benchmark

vs BX

Larger-name benchmark to compare FSK against a more recognizable public peer.

Peer Set

Compare Top 5

vs ARCC, GBDC, OBDC, TPVG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

FSK SEC Filings & Documents

FS KKR Capital Corp. (FSK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 20, 2026·SEC

Material company update

Aug 13, 2026·SEC

Material company update

Aug 6, 2026·SEC

10-K Annual Reports

1
FY 2026

Feb 25, 2026·SEC

10-Q Quarterly Reports

5
FY 2026

Aug 6, 2026·SEC

FY 2026

May 11, 2026·SEC

FY 2025

Nov 5, 2025·SEC

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FSK Frequently Asked Questions

FS KKR Capital Corp. (FSK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is FS KKR Capital Corp. growing?

FS KKR Capital Corp. (FSK) grew revenue by 32.0% over the trailing twelve months, compared with the twelve months before.

Is FSK profitable?

No. FS KKR Capital Corp. (FSK) reported a net loss of $516.0M over the trailing twelve months.

Dividend & Returns
Does FSK pay dividends?

Yes. FS KKR Capital Corp. (FSK) pays a dividend that yields 23.93% at the current price, a high yield.

What is FSK's return on equity?

FS KKR Capital Corp. (FSK) had a return on equity (ROE) of -9.6% over the trailing twelve months. A negative ROE means the company lost money over the period.

Industry Metrics
What is FS KKR Capital Corp.'s net interest margin?

FS KKR Capital Corp. (FSK) has a net interest margin (NIM) of 7.4%. This indicates healthy earnings from lending activities.

What is FS KKR Capital Corp.'s efficiency ratio?

FS KKR Capital Corp. (FSK) has an efficiency ratio of 33.2%. This is excellent, indicating strong cost control.

What if you invested $1,000 in FSK back in 2008?

Total return calculator · dividends reinvested · 18+ years of data

See returns →