GS vs KKR
Goldman Sachs Group Inc. and KKR & Co. Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | GS | KKR |
|---|---|---|
| Revenue | $58.3B | $19.5B |
| Net income | $17.2B | $2.4B |
| Gross margin | · | · |
| Net margin | 29.5% | 31.6% |
| Return on equity | 13.9% | 8.7% |
| Diluted EPS | $51.32 | · |
| Dividend / share | $14.00 | $0.73 |
| Payout ratio | 30.7% | 27.4% |
| Free cash flow | $-47.2B | · |
| Equity | $125.0B | $30.9B |
| Net debt / equity | · | · |
| Current ratio | · | · |
| Revenue CAGR 5y | 5.5% | 35.7% |
| Profit CAGR 5y | 12.7% | 3.4% |
GS bills 3.0× the revenue of KKR, and KKR keeps more of each dollar of revenue as profit (31.6% against 29.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | GS | KKR |
|---|---|---|
| FY2025 | $58.3B | $19.5B |
| FY2024 | $53.5B | $21.9B |
| FY2023 | $46.3B | $14.5B |
| FY2022 | $47.4B | $5.7B |
| FY2021 | $59.3B | $16.2B |
| FY2020 | $44.6B | $4.2B |
| FY2019 | $36.5B | $4.2B |
| FY2018 | $36.6B | $2.4B |
| FY2017 | $32.7B | $3.6B |
| FY2016 | $30.8B | $2.0B |
Bottom line
| Fiscal year | GS | KKR |
|---|---|---|
| FY2025 | $17.2B | $2.4B |
| FY2024 | $14.3B | $3.1B |
| FY2023 | $8.5B | $3.7B |
| FY2022 | $11.3B | $-521.7M |
| FY2021 | $21.6B | $4.7B |
| FY2020 | $9.5B | $2.0B |
| FY2019 | $8.5B | $2.0B |
| FY2018 | $10.5B | $1.1B |
| FY2017 | $4.3B | $1.0B |
| FY2016 | $7.4B | $309.3M |
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$38,818,693,000 | GS |
| FY2024 | +$31,633,302,000 | GS |
| FY2023 | +$31,754,688,000 | GS |
| FY2022 | +$41,660,820,000 | GS |
| FY2021 | +$43,112,960,000 | GS |
| FY2020 | +$40,329,109,000 | GS |
| FY2019 | +$32,325,100,000 | GS |
| FY2018 | +$34,220,164,000 | GS |
| FY2017 | +$29,172,720,000 | GS |
| FY2016 | +$28,749,982,000 | GS |
| FY2015 | +$33,707,672,000 | GS |
| FY2014 | +$34,341,124,000 | GS |
| FY2013 | +$34,183,895,000 | GS |
GS has reported the higher revenue in every one of these 13 fiscal years. The gap has widened since the earliest year compared.
13 of 15 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −2.1 pp | KKR |
| FY2024 | +4.3 pp | GS |
| FY2023 | −18.5 pp | KKR |
| FY2022 | +31.1 pp | GS |
| FY2021 | −40.3 pp | KKR |
| FY2020 | −99.7 pp | KKR |
| FY2019 | −86.8 pp | KKR |
| FY2018 | −73.7 pp | KKR |
| FY2017 | −58.9 pp | KKR |
| FY2016 | −22.6 pp | KKR |
The higher net margin has changed hands between GS and KKR over this period.
10 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
KKR's net margin has been more volatile than GS's over the 10 comparable fiscal years — 39.8 percentage points of standard deviation against 6.1.
10 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between GS and KKR over these 10 fiscal years — GS led in 2 and KKR in 8.
10 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
KKR's return on equity has been more volatile than GS's over the 9 comparable fiscal years — 8.4 percentage points of standard deviation against 4.3.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between GS and KKR over these 9 fiscal years — GS led in 2 and KKR in 7.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.