FSK on NYSE

FS KKR Capital Corp

Corporation registered in the United States, active since 2007.

Price unavailable

Last updated Oct 18, 2026.

Overview

Compare with another stock.

TickerFSK on NYSE
HeadquartersPhiladelphia, United States
Incorporated inMD²
Business address3025 Jfk Boulevard, Ofc 500, Philadelphia, Pa 19104²
Filer categoryLarge accelerated filer²

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income³⁴⁵⁶$11.0M in 2025

Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.⁶

Period ending	2025-12-31	2024-12-31	2023-12-31
Paid-in-kind interest income	$224.0M	$203.0M	$144.0M
Total investment income	$1.5B	$1.7B	$1.8B
Management fees	$206.0M	$216.0M	$226.0M
Subordinated income incentive fees	$136.0M	$167.0M	$181.0M
Administrative services expenses	$10.0M	$10.0M	$12.0M
Accounting and administrative fees	$4.0M	$4.0M	$4.0M
Interest expense	$464.0M	$465.0M	$467.0M
Other general and administrative expenses	$23.0M	$23.0M	$26.0M
Total operating expenses	$843.0M	$885.0M	$916.0M
Net investment income before taxes	$676.0M	$836.0M	$914.0M
Excise taxes	$22.0M	$23.0M	$22.0M
Net investment income	$654.0M	$813.0M	$892.0M
Net realized gain (loss) on investments:	-$339.0M	-$486.0M	-$343.0M
Net realized gain (loss) on foreign currency forward contracts	-$9.0M	$19.0M	$8.0M
Net change in unrealized appreciation (depreciation) on investments:	-$178.0M	$217.0M	$166.0M
Net change in unrealized appreciation (depreciation) on foreign currency forward contracts	-$12.0M	-$7.0M	-$15.0M
Net change in unrealized gain (loss) on foreign currency	-$58.0M	$38.0M	-$21.0M
Total net realized and unrealized gain (loss)	-$624.0M	-$228.0M	-$193.0M
Provision for taxes on realized and unrealized gains on investments	-$12.0M	$0	-$3.0M
Realized loss on extinguishment of debt	-$7.0M	$0	$0
Net increase (decrease) in net assets resulting from operations	$11.0M	$585.0M	$696.0M
Net increase (decrease) in net assets resulting from operations (Earnings per Share) - basic (in dollars per share)	$0.04	$2.09	$2.48
Net increase (decrease) in net assets resulting from operations (Earnings per Share) - diluted (in dollars per share)	$0.04	$2.09	$2.48
Weighted average shares outstanding - basic (in shares)	280.1M shares	280.1M shares	280.3M shares
Weighted average shares outstanding - diluted (in shares)	280.1M shares	280.1M shares	280.3M shares

Period ending	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31
Total investment income	$348.0M	$373.0M	$398.0M	$400.0M	$407.0M	$441.0M	$439.0M	$434.0M
Net investment income	$135.0M	$159.0M	$173.0M	$187.0M	$171.0M	$215.0M	$215.0M	$212.0M
Total net realized and unrealized gain (loss)	-$249.0M	$55.0M	-$382.0M	-$67.0M	-$24.0M	-$55.0M	-$110.0M	-$39.0M
Net increase (decrease) in net assets resulting from operations	-$114.0M	$214.0M	-$209.0M	$120.0M	$147.0M	$160.0M	$105.0M	$173.0M
Net increase (decrease) in net assets resulting from operations (Earnings per Share) - basic (in dollars per share)	-$0.41	$0.76	-$0.75	$0.43	$0.52	$0.57	$0.37	$0.62
Net increase (decrease) in net assets resulting from operations (Earnings per Share) - diluted (in dollars per share)	-$0.41	$0.76	-$0.75	$0.43	$0.52	$0.57	$0.37	$0.62
Weighted average shares outstanding - basic (in shares)	280.1M shares	280.1M shares	280.1M shares	280.1M shares	280.1M shares	280.1M shares	280.1M shares	280.1M shares
Weighted average shares outstanding - diluted (in shares)	280.1M shares	280.1M shares	280.1M shares	280.1M shares	280.1M shares	280.1M shares	280.1M shares	280.1M shares

Total assets³⁴⁵⁶$13.7B in 2025−20% since 2021

Total liabilities³⁴⁵⁶$7.9B in 2025−17% since 2021

Shareholders’ equity⁴⁵⁶$5.8B in 2025+51% since 2019

Cash³⁴⁵⁶$208.0M in 2025+96% since 2019

Long-term debt³⁴⁵⁶$7.6B in 2025−16% since 2021

Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 6 quarters (quarterly), latest first.⁶

Period ending	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Investments, at fair value	$13.0B	$13.5B
Cash and cash equivalents	$181.0M	$278.0M
Foreign currency, at fair value (cost$27 and $17, respectively)	$27.0M	$18.0M
Receivable for investments sold and repaid	$313.0M	$186.0M
Income receivable	$98.0M	$187.0M
Unrealized appreciation on foreign currency forward contracts	$0	$3.0M
Deferred financing costs	$32.0M	$26.0M
Prepaid expenses and other assets	$69.0M	$31.0M
Total assets	$13.7B	$14.2B
Payable for investments purchased	$8.0M	$2.0M
Debt	$7.6B	$7.4B
Unrealized depreciation on foreign currency forward contracts	$10.0M	$1.0M
Stockholder distributions payable	$0	$0
Management and investment adviser fees payable	$50.0M	$53.0M
Subordinated income incentive fees payable	$28.0M	$35.0M
Administrative services expense payable	$1.0M	$3.0M
Interest payable	$77.0M	$108.0M
Other accrued expenses and liabilities	$72.0M	$44.0M
Total liabilities	$7.9B	$7.6B
Preferred stock, $0.001 par value, 50,000,000 shares authorized, none issued and outstanding	$0	$0
Common stock, $0.001 par value, 750,000,000 shares authorized, 280,066,433 and 280,066,433 shares issued and outstanding, respectively	$0	$0
Capital in excess of par value	$9.2B	$9.3B
Retained earnings (accumulated deficit)	-$3.4B	-$2.7B
Total stockholders equity	$5.8B	$6.6B	$6.8B	$7.0B	$7.7B
Total liabilities and stockholders equity	$13.7B	$14.2B
Net asset value per share of common stock at year end (in dollars per share)	$20.89	$23.64	$24.46	$24.89	$27.17
Investment owned, cost	$13.7B	$14.0B
Debt financing costs	$45.0M	$49.0M
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized (in shares)	50.0M shares	50.0M shares
Preferred stock, shares issued (in shares)	0 shares	0 shares
Preferred stock, shares outstanding (in shares)	0 shares	0 shares
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized (in shares)	750.0M shares	750.0M shares
Common stock, shares issued (in shares)	280.1M shares	280.1M shares
Common stock, shares outstanding (in shares)	280.1M shares	280.1M shares	280.1M shares	281.7M shares	284.5M shares

Period ending	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Investments, at fair value	$13.0B	$13.5B
Cash and cash equivalents	$181.0M	$278.0M
Foreign currency, at fair value (cost$27 and $17, respectively)	$27.0M	$18.0M
Receivable for investments sold and repaid	$313.0M	$186.0M
Income receivable	$98.0M	$187.0M
Unrealized appreciation on foreign currency forward contracts	$0	$3.0M
Deferred financing costs	$32.0M	$26.0M
Prepaid expenses and other assets	$69.0M	$31.0M
Total assets	$13.7B	$14.2B
Payable for investments purchased	$8.0M	$2.0M
Debt	$7.6B	$7.4B
Unrealized depreciation on foreign currency forward contracts	$10.0M	$1.0M
Stockholder distributions payable	$0	$0
Management and investment adviser fees payable	$50.0M	$53.0M
Subordinated income incentive fees payable	$28.0M	$35.0M
Administrative services expense payable	$1.0M	$3.0M
Interest payable	$77.0M	$108.0M
Other accrued expenses and liabilities	$72.0M	$44.0M
Total liabilities	$7.9B	$7.6B
Preferred stock, $0.001 par value, 50,000,000 shares authorized, none issued and outstanding	$0	$0
Common stock, $0.001 par value, 750,000,000 shares authorized, 280,066,433 and 280,066,433 shares issued and outstanding, respectively	$0	$0
Capital in excess of par value	$9.2B	$9.3B
Retained earnings (accumulated deficit)	-$3.4B	-$2.7B
Total stockholders equity	$5.8B	$6.6B	$6.8B	$7.0B	$7.7B
Total liabilities and stockholders equity	$13.7B	$14.2B
Net asset value per share of common stock at year end (in dollars per share)	$20.89	$23.64	$24.46	$24.89	$27.17	$25.02
Investment owned, cost	$13.7B	$14.0B
Debt financing costs	$45.0M	$49.0M
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized (in shares)	50.0M shares	50.0M shares
Preferred stock, shares issued (in shares)	0 shares	0 shares
Preferred stock, shares outstanding (in shares)	0 shares	0 shares
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized (in shares)	750.0M shares	750.0M shares
Common stock, shares issued (in shares)	280.1M shares	280.1M shares
Common stock, shares outstanding (in shares)	280.1M shares	280.1M shares	280.1M shares	281.7M shares	284.5M shares

Cash from operations³⁴⁵⁶$592.0M in 2025−12% since 2020

Dividends paid³⁴⁵⁶$784.0M in 2025+131% since 2020

Share buybacks³⁴⁵⁶$0 in 2025

Every line of the cash flow as filed: the last 3 fiscal years, latest first.⁶

Period ending	2025-12-31	2024-12-31	2023-12-31
Net increase (decrease) in net assets resulting from operations	$11.0M	$585.0M	$696.0M
Purchases of investments	-$5.1B	-$4.7B	-$1.8B
Paid-in-kind interest	-$224.0M	-$203.0M	-$144.0M
Proceeds from sales and repayments of investments	$5.3B	$6.0B	$2.6B
Net realized (gain) loss on investments	$339.0M	$486.0M	$343.0M
Net change in unrealized (appreciation) depreciation on investments	$178.0M	-$217.0M	-$166.0M
Net change in unrealized (appreciation) depreciation on foreign currency forward contracts	$12.0M	$7.0M	$15.0M
Realized loss on extinguishment of debt	$7.0M	$0	$0
Accretion of discount	-$39.0M	-$61.0M	-$58.0M
Amortization of deferred financing costs and discount	$24.0M	$19.0M	$16.0M
Net change in unrealized (appreciation) depreciation on foreign currency translation	$98.0M	-$36.0M	$17.0M
(Increase) decrease in receivable for investments sold and repaid	-$127.0M	$60.0M	-$34.0M
(Increase) decrease in income receivable	$80.0M	$14.0M	-$63.0M
(Increase) decrease in prepaid expenses and other assets	$6.0M	-$8.0M	$1.0M
Increase (decrease) in payable for investments purchased	$6.0M	$2.0M	-$14.0M
Increase (decrease) in management fees payable	-$3.0M	-$3.0M	-$3.0M
Increase (decrease) in subordinated income incentive fees payable	-$7.0M	-$6.0M	$14.0M
Increase (decrease) in administrative services expense payable	-$2.0M	-$2.0M	-$1.0M
Increase (decrease) in interest payable	-$31.0M	$10.0M	$8.0M
Increase (decrease) in other accrued expenses and liabilities	$28.0M	$11.0M	$4.0M
Net cash provided by (used in) operating activities	$592.0M	$1.9B	$1.4B
Repurchases of common stock	$0	$0	-$32.0M
Stockholder distributions	-$784.0M	-$1.0B	-$823.0M
Borrowings under financing arrangements	$8.2B	$5.0B	$2.2B
Repayments of financing arrangements	-$8.1B	-$5.8B	-$2.7B
Deferred financing costs paid	-$33.0M	-$26.0M	-$21.0M
Net cash provided by (used in) financing activities	-$679.0M	-$1.8B	-$1.4B
Effect of exchange rate changes on cash	-$1.0M	$0	$0
Total increase (decrease) in cash	-$88.0M	$65.0M	-$20.0M
Federal income taxes paid during the year	$14.0M	$3.0M	$1.0M
Interest paid during the year	$471.0M	$437.0M	$443.0M
Contribution of investments at fair value	$531.0M

Compare FS KKR Capital Corp with another company

Leadership

Who has led FS KKR Capital Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

Michael C. Forman2008–now

President

Chief financial officer

2010201520202025

Chief executive officerMichael C. Forman Sep 19, 2008 to now⁹
PresidentElizabeth Sandler Sep 5, 2023 to Sep 5, 2023¹⁰
PresidentBrian Gerson Oct 30, 2019 to Dec 4, 2024¹¹
PresidentDaniel Pietrzak Nov 19, 2019 to Sep 5, 2023¹²
PresidentTodd C. Builione Apr 13, 2018 to Dec 21, 2018¹³
PresidentMichael C. Forman Sep 19, 2008 to Mar 10, 2010⁹
Chief financial officerSteven C. Lilly Oct 30, 2019 to Sep 2, 2021¹⁴
Chief financial officerWilliam Balke Goebel Apr 8, 2011 to Nov 12, 2015¹⁵
Chief financial officerGerard Scarpati Sep 19, 2008 to Sep 19, 2008¹⁶
Chief financial officerCharles M. Jacobson Oct 20, 2008 to Oct 20, 2008¹⁷

Board members and other officers (33)

Chief Accounting OfficerWilliam Balke Goebel Jun 21, 2021 to Aug 19, 2021¹⁸
Chief Investment OfficerDaniel Pietrzak Apr 13, 2018 to Aug 15, 2019¹⁹
Chief Compliance OfficerJames Francis Volk Apr 1, 2015 to Aug 15, 2018²⁰
Managing DirectorSean K. Coleman Feb 20, 2014 to Feb 20, 2014²¹
Senior Portfolio ManagerBrad Marshall Apr 9, 2014 to May 18, 2015²²
VP, Treasurer & SecretaryStephen Sypherd Feb 1, 2013 to Aug 17, 2021²³
Executive Vice PresidentZachary Klehr Feb 1, 2013 to Feb 5, 2018²⁴
Vice President and SecretaryRyan D. Conley Apr 8, 2009 to Jan 19, 2010²⁵
Chief Compliance OfficerSalvatore Rocco Faia Oct 20, 2008 to Oct 20, 2008²⁶
Board memberDaniel Pietrzak Mar 3, 2023 to now²⁷
Board memberOsagie O. Imasogie Jul 15, 2019 to Nov 26, 2024²⁸
Board memberElizabeth Sandler Nov 4, 2019 to Dec 5, 2024²⁹
Board memberTodd C. Builione Apr 13, 2018 to Nov 23, 2021¹³
Board memberBarbara Adams Dec 20, 2018 to now³⁰
Board memberFrederick Arnold Dec 20, 2018 to Dec 20, 2018³¹
Board memberJames H. Kropp Dec 20, 2018 to now³²
Board memberJerel A. Hopkins Dec 20, 2018 to now³³
Board memberRichard I. Goldstein Dec 20, 2018 to Mar 14, 2023³⁴
Board memberJoseph P. Ujobai Apr 7, 2015 to Apr 7, 2015³⁵
Board memberPhilip E. Hughes Jr. Apr 7, 2015 to May 27, 2015³⁶
Board memberPedro A. Ramos Sep 13, 2013 to Mar 9, 2018³⁷
Board memberMichael J. Hagan Apr 19, 2011 to Jun 21, 2021³⁸
Board memberThomas J. Ridge Nov 17, 2011 to Nov 17, 2011³⁹
Board memberHerbert Lotman Sep 10, 2010 to Sep 10, 2010⁴⁰
Board memberJeffrey Harrow Sep 10, 2010 to Jun 21, 2021⁴¹
Board memberThomas Gravina Apr 2, 2009 to Jan 12, 2018⁴²
Board memberGerald Stahlecker Sep 19, 2008 to Sep 19, 2008⁴³
Board memberMichael C. Forman Sep 19, 2008 to now⁹
Board memberMichael Heller Sep 19, 2008 to Mar 21, 2018⁴⁴
Board memberPaul Mendelson Sep 19, 2008 to Apr 2, 2015⁴⁵
Board memberBarry Frank Sep 22, 2008 to Mar 7, 2018⁴⁶
Board memberGregory P. Chandler Sep 22, 2008 to Apr 30, 2018⁴⁷
General counselStephen Sypherd Jun 6, 2019 to Jun 6, 2019⁴⁸

Former names

FS Investment CORPJun 19, 2008 to Dec 6, 2018²
Franklin Square Investment CORPFeb 25, 2008 to Apr 29, 2008²

Timeline

Sep 19, 2008New chief executive Michael C. Forman becomes CEO⁹
Dec 21, 2007Founded FS KKR Capital Corp is founded⁴⁹

Filings

307 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 123 major events, 64 insider forms, 5 large holders, 95 other. The latest 20:

The 307 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 5 such filings since October 2021:

Jun 23, 2026SCHEDULE 13D
Nov 22, 2023SC 13D/A
Oct 6, 2023SC 13D/A
Sep 13, 2022SC 13D/A
Feb 16, 2022SC 13D

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
Oak Hill Advisors LP	11,371,693	$119.4M	17.0%	+2,395,866
UBS Group AG	5,760,510	$60.5M	0.0%	−32,254
Van Eck Associates Corp	5,382,748	$56.5M	0.0%	+636,889
Victory Capital Management Inc	5,032,014	$52.8M	0.0%	+3,533,540
LPL Financial LLC	4,868,176	$51.1M	0.0%	+461,790
Saba Capital Management, L.P.	4,215,619	$44.3M	1.4%	+705,871
Morgan Stanley	2,877,758	$30.2M	0.0%	−832,480
Legal & General Group Plc	2,735,984	$28.7M	0.0%	+220,124
Silver Point Capital L.P.	2,724,000	$28.6M	2.9%	New
Generali Asset Management SPA SGR	2,529,225	$26.6M	0.5%	−17,146
Cura Wealth Advisors, LLC	2,132,461	$22.4M	9.6%	−132,473
Callodine Capital Management, LP	2,109,688	$22.2M	1.5%	+774,979
Commonwealth Equity Services, LLC	1,928,826	$20.3M	0.0%	−625,082
Union Bancaire Privee, UBP SA	11,759	$19.8M	0.2%	No change
Russell Investments Group, Ltd.	1,587,876	$16.7M	0.0%	+546,833
D. E. Shaw & Co., Inc.	1,516,058	$15.9M	0.0%	−699,371
Invesco Ltd.	1,502,415	$15.8M	0.0%	−217,120
Rockefeller Capital Management L.P.	1,449,769	$15.2M	0.0%	−93,358
Beach Point Capital Management LP	1,221,115	$12.8M	5.0%	−1,908,672
CastleKnight Management LP	1,181,300	$12.4M	0.5%	−211,900
Cetera Investment Advisers	1,124,969	$11.8M	0.0%	−106,236
BlackRock, Inc.	1,058,574	$11.1M	0.0%	−24,044
Kohlberg Kravis Roberts & Co. L.P.	980,587	$10.3M	0.2%	No change
Lalia Capital, LLC	923,146	$9.7M	4.7%	+897,706
Arax Advisory Partners	903,927	$9.5M	0.1%	+789,543

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

Date	Member	Trade	Amount	Vs S&P since	Filing
Nov 26, 2021	Kevin HernRepublican, House	Sale	$100,001 - $250,000	+117.6%	Report
Aug 27, 2021	Gary C. PetersDemocratic, Senate	Buy	$1,001 - $15,000	−125.0%	Report
Dec 4, 2019	Kevin HernRepublican, House	Sale	$100,001 - $250,000	+205.4%	Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARFS KKR Capital Corp filings on SEC EDGAR
2
SEC EDGARFS KKR Capital Corp filings on SEC EDGAR
3
SEC EDGARFS KKR Capital Corp 10-K for fiscal 2020
4
SEC EDGARFS KKR Capital Corp 10-K for fiscal 2021
5
SEC EDGARFS KKR Capital Corp 10-K for fiscal 2022
6
SEC EDGARFS KKR Capital Corp 10-K for fiscal 2023
7
SEC EDGARFS KKR Capital Corp 10-Q for fiscal 2026
8
SEC EDGARFS KKR Capital Corp 10-Q for fiscal 2026
9
SEC EDGARMichael C. Forman, Chief executive officer
10
SEC EDGARElizabeth Sandler, President
11
SEC EDGARBrian Gerson, President
12
SEC EDGARDaniel Pietrzak, President
13
SEC EDGARTodd C. Builione, President
14
SEC EDGARSteven C. Lilly, Chief financial officer
15
SEC EDGARWilliam Balke Goebel, Chief financial officer
16
SEC EDGARGerard Scarpati, Chief financial officer
17
SEC EDGARCharles M. Jacobson, Chief financial officer
18
SEC EDGARWilliam Balke Goebel, Chief Accounting Officer
19
SEC EDGARDaniel Pietrzak, Chief Investment Officer
20
SEC EDGARJames Francis Volk, Chief Compliance Officer
21
SEC EDGARSean K. Coleman, Managing Director
22
SEC EDGARBrad Marshall, Senior Portfolio Manager
23
SEC EDGARStephen Sypherd, VP, Treasurer & Secretary
24
SEC EDGARZachary Klehr, Executive Vice President
25
SEC EDGARRyan D. Conley, Vice President and Secretary
26
SEC EDGARSalvatore Rocco Faia, Chief Compliance Officer
27
SEC EDGARDaniel Pietrzak, Board member
28
SEC EDGAROsagie O. Imasogie, Board member
29
SEC EDGARElizabeth Sandler, Board member
30
SEC EDGARBarbara Adams, Board member
31
SEC EDGARFrederick Arnold, Board member
32
SEC EDGARJames H. Kropp, Board member
33
SEC EDGARJerel A. Hopkins, Board member
34
SEC EDGARRichard I. Goldstein, Board member
35
SEC EDGARJoseph P. Ujobai, Board member
36
SEC EDGARPhilip E. Hughes Jr., Board member
37
SEC EDGARPedro A. Ramos, Board member
38
SEC EDGARMichael J. Hagan, Board member
39
SEC EDGARThomas J. Ridge, Board member
40
SEC EDGARHerbert Lotman, Board member
41
SEC EDGARJeffrey Harrow, Board member
42
SEC EDGARThomas Gravina, Board member
43
SEC EDGARGerald Stahlecker, Board member
44
SEC EDGARMichael Heller, Board member
45
SEC EDGARPaul Mendelson, Board member
46
SEC EDGARBarry Frank, Board member
47
SEC EDGARGregory P. Chandler, Board member
48
SEC EDGARStephen Sypherd, General counsel
49
gleifFS KKR Capital Corp is founded