FS KKR Capital Corp. (FSK) Financial Ratios
18 years of historical data (2008–2025) · Financial Services · Asset Management
EV/EBITDA
↑
13.63
↓-62% vs avg
5yr avg: 35.98
30Y Low8.0·High88.2
P/FCF
↓
4.86
↓-32% vs avg
5yr avg: 7.10
30Y Low2.9·High27.2
P/B Ratio
↑
0.49
↓-34% vs avg
5yr avg: 0.75
30Y Low0.3·High1.1
ROE
↓
0.2%
↑-98% vs avg
5yr avg: 9.6%
30Y Low-58%·High28%
Debt/EBITDA
↑
10.07
↓-56% vs avg
5yr avg: 22.89
30Y Low2.7·High41.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FSK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
FS KKR Capital Corp. trades at 261.3x earnings, 188% above its 5-year average of 90.6x, sitting at the 100th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a premium of 1824%. On a free-cash-flow basis, the stock trades at 4.9x P/FCF, 32% below the 5-year average of 7.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.9B | $4.1B | $6.1B | $5.6B | $5.0B | $4.4B | $2.1B | $3.2B | $1.3B | $1.8B | $2.5B |
| Enterprise Value | $10.3B | $11.6B | $13.1B | $13.6B | $13.4B | $13.2B | $5.9B | $7.2B | $4.6B | $3.4B | $3.9B |
| P/E Ratio → | 261.32 | 376.84 | 10.39 | 8.05 | 54.69 | 2.92 | — | 12.91 | 2.29 | 9.93 | 8.51 |
| P/S Ratio | 2.46 | 3.54 | 5.48 | 4.55 | 10.72 | 2.51 | — | 7.18 | 1.95 | 6.58 | 6.48 |
| P/B Ratio | 0.49 | 0.71 | 0.92 | 0.82 | 0.71 | 0.57 | 0.66 | 0.82 | 0.31 | 0.79 | 1.09 |
| P/FCF | 4.86 | 7.01 | 3.20 | 8.87 | 4.92 | 11.51 | 2.90 | — | 4.65 | 27.16 | 4.77 |
| P/OCF | 4.86 | 7.01 | 3.20 | 8.87 | 4.92 | 11.51 | 2.90 | — | 4.65 | 27.16 | 4.77 |
P/E links to full P/E history page with 30-year chart
FSK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
FS KKR Capital Corp.'s enterprise value stands at 13.6x EBITDA, 62% below its 5-year average of 36.0x. The Financial Services sector median is 11.4x, placing the stock at a 20% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 9.91 | 11.84 | 11.02 | 28.95 | 7.48 | — | 16.36 | 6.86 | 12.32 | 10.17 |
| EV / EBITDA | 13.63 | 15.30 | 21.61 | 18.80 | 115.56 | 8.64 | — | 28.65 | 7.97 | 18.05 | 13.12 |
| EV / EBIT | 17.81 | 23.82 | 21.61 | 18.80 | 115.56 | 8.64 | — | 28.65 | 7.97 | 18.05 | 13.12 |
| EV / FCF | — | 19.60 | 6.91 | 21.48 | 13.30 | 34.28 | 8.26 | — | 16.39 | 50.86 | 7.48 |
FSK Profitability
Margins and return-on-capital ratios measuring operating efficiency
FS KKR Capital Corp. earns an operating margin of 49.5%, significantly above the Financial Services sector average of 20.3%. Operating margins have compressed from 58.6% to 49.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 0.2% is modest, trailing the sector median of 9.0%. ROIC of 3.2% represents below-average returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 69.6% | 69.6% | 59.8% | 63.3% | 24.2% | 87.4% | 177.8% | 63.0% | 88.3% | 73.0% | 81.9% |
| Operating Margin | 49.5% | 49.5% | 54.8% | 58.6% | 25.1% | 86.5% | 194.6% | 57.1% | 86.1% | 68.2% | 77.5% |
| Net Profit Margin | 0.9% | 0.9% | 52.7% | 56.6% | 19.9% | 85.8% | 199.5% | 55.5% | 85.1% | 66.4% | 76.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.2% | 0.2% | 8.7% | 10.0% | 1.2% | 28.0% | -11.6% | 6.1% | 17.6% | 7.9% | 13.0% |
| ROA | 0.1% | 0.1% | 3.9% | 4.4% | 0.6% | 12.4% | -5.2% | 3.1% | 9.6% | 4.4% | 7.1% |
| ROIC | 3.2% | 3.2% | 3.1% | 3.5% | 0.5% | 9.6% | -3.9% | 2.4% | 7.5% | 3.5% | 5.6% |
| ROCE | 4.2% | 4.2% | 4.2% | 4.7% | 0.7% | 12.7% | -5.2% | 3.2% | 10.9% | 6.2% | 9.6% |
FSK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
FS KKR Capital Corp. carries a Debt/EBITDA ratio of 10.1x, which is highly leveraged (136% above the sector average of 4.3x). Net debt stands at $7.5B ($7.6B total debt minus $181M cash). Interest coverage of just 1.0x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.31 | 1.31 | 1.11 | 1.20 | 1.24 | 1.18 | 1.29 | 1.08 | 0.81 | 0.75 | 0.74 |
| Debt / EBITDA | 10.07 | 10.07 | 12.09 | 11.36 | 74.95 | 5.99 | — | 16.49 | 5.89 | 9.16 | 5.65 |
| Net Debt / Equity | — | 1.27 | 1.07 | 1.16 | 1.20 | 1.13 | 1.23 | 1.05 | 0.79 | 0.69 | 0.62 |
| Net Debt / EBITDA | 9.83 | 9.83 | 11.60 | 11.03 | 72.78 | 5.74 | — | 16.08 | 5.71 | 8.41 | 4.76 |
| Debt / FCF | — | 12.59 | 3.71 | 12.61 | 8.38 | 22.77 | 5.36 | — | 11.74 | 23.70 | 2.72 |
| Interest Coverage | 1.05 | 1.05 | 1.36 | 1.60 | 0.33 | 6.88 | -2.50 | 1.54 | 7.38 | 2.53 | 4.29 |
FSK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio has improved from 2.64x to 6.08x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | 6.08 | 2.64 | 2.36 | 4.44 | 4.44 | 6.33 | 2.11 | 0.16 | 0.35 |
| Quick Ratio | — | — | 6.08 | 2.64 | 2.36 | 4.44 | 4.44 | 6.33 | 2.11 | 0.16 | 0.35 |
| Cash Ratio | — | — | 2.69 | 0.79 | 0.85 | 1.52 | 1.93 | 0.79 | 0.70 | 0.13 | 0.25 |
| Asset Turnover | — | 0.09 | 0.08 | 0.08 | 0.03 | 0.10 | -0.03 | 0.05 | 0.09 | 0.07 | 0.09 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
FSK Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
FS KKR Capital Corp. returns 27.3% to shareholders annually primarily through dividends. The payout ratio exceeds 100% at 7127.3%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 0.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 27.3% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 7127.3% | 7127.3% | 172.3% | 118.2% | 802.2% | 33.1% | — | 139.0% | 36.4% | 119.8% | 73.8% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.4% | 0.3% | 9.6% | 12.4% | 1.8% | 34.2% | — | 7.7% | 43.7% | 10.1% | 11.7% |
| FCF Yield | 20.6% | 14.3% | 31.3% | 11.3% | 20.3% | 8.7% | 34.5% | — | 21.5% | 3.7% | 21.0% |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 27.3% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $280M | $280M | $280M | $284M | $212M | $124M | $130M | $63M | $61M | $61M |
Peer Comparison
Compare FSK with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FSKYou | $3B | 261.3 | 13.6 | 4.9 | 69.6% | 49.5% | 0.2% | 3.2% | 10.1 |
 ARCC | $13B | 9.7 | 12.8 | 11.3 | 75.7% | 69.7% | 9.4% | 5.7% | 7.3 |
 GBDC | $3B | 8.7 | 11.8 | — | 81.5% | 78.9% | 9.4% | 5.9% | 7.1 |
 OBDC | $5B | 8.8 | 11.8 | 3.1 | 75.3% | 73.2% | 9.4% | 6.1% | 7.5 |
 TPVG | $203M | 4.1 | 8.6 | — | 83.5% | 77.9% | 14.1% | 7.2% | 6.2 |
 PSEC | $1B | -1.6 | — | 2.1 | 147.0% | 169.8% | -14.0% | -6.3% | — |
 MAIN | $5B | 9.2 | 13.6 | 13.6 | 100.0% | 80.7% | 17.0% | 7.5% | 4.7 |
 HTGC | $3B | 8.4 | 14.1 | — | 87.2% | 66.7% | 16.2% | 6.6% | 6.3 |
 CGBD | $761M | 10.8 | 12.8 | — | 70.9% | 86.2% | 6.8% | 5.6% | 8.7 |
 SLRC | $678M | 7.3 | 11.1 | — | 73.3% | 72.9% | 9.3% | 5.8% | 7.0 |
 PFLT | $742M | 10.4 | 35.5 | 7.8 | 45.6% | 39.4% | 6.8% | 2.1% | 26.3 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 18 years · Updated daily
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FSK — Frequently Asked Questions
Quick answers to the most common questions about buying FSK stock.
What is FS KKR Capital Corp.'s P/E ratio?
FS KKR Capital Corp.'s current P/E ratio is 261.3x. The historical average is 17.9x. This places it at the 100th percentile of its historical range.
What is FS KKR Capital Corp.'s EV/EBITDA?
FS KKR Capital Corp.'s current EV/EBITDA is 13.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 24.1x.
What is FS KKR Capital Corp.'s ROE?
FS KKR Capital Corp.'s return on equity (ROE) is 0.2%. The historical average is 5.6%.
Is FSK stock overvalued?
Based on historical data, FS KKR Capital Corp. is trading at a P/E of 261.3x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is FS KKR Capital Corp.'s dividend yield?
FS KKR Capital Corp.'s current dividend yield is 27.26% with a payout ratio of 7127.3%.
What are FS KKR Capital Corp.'s profit margins?
FS KKR Capital Corp. has 69.6% gross margin and 49.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does FS KKR Capital Corp. have?
FS KKR Capital Corp.'s Debt/EBITDA ratio is 10.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.