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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 4.79B | 14.9% |
| Gross Profit | -2.38B | 20.4% |
| Cost of Revenue | 7.17B | 16.6% |
| Operating expense | 185M | 0.1% |
| Net Income | 601M | 10.1% |
| EBITDA | 1.52B | 26.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 361B | 3.5% |
| Total Liabilities | 299B | 3.1% |
| Total Equity | 24.1B | 11.1% |
| Shares Outstanding | 887M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.88B | 44.1% |
| Cash from investing | -5.12B | 6.5% |
| Cash from financing | 2.08B | 0.7% |
EPS
Financial Highlights for KKR & Co LP in Q3 '24
KKR & Co LP reported a revenue of 4.79B, which is a 14.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at -2.38B, marking a -20.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 7.17B, a 16.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 185M, showing a -0.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 601M, showing a -10.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.52B, showing a -26.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
KKR & Co LP faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
