FS KKR Capital Corp.

FSKNYSEFinancial Services● Active

$10.64

$-0.06(-0.56%)

Market Cap$3.0B

P/E Ratio—

52W High$22.68

52W Low$9.72

Avg Volume3.8M

Open$10.72

Beta0.90

Free Cash Flow Financials Revenue

FS KKR Capital Corp. (FSK) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

FSK · free cash flow · updated Jun 8, 2026

Core FCF metrics

FSK · FCF · TTM · margin & CAGR

Free cash flow was $592.0M for FY2025 (fiscal year ending 2025-12-31), down 68.9% year-over-year The FCF margin was 50.6%. Five-year CAGR stands at -3.6%.

FY2025 Free Cash Flow$592.0M▼ -68.9% YoY

Trailing 12M (TTM)$409.0Mtrailing 4 quarters sum

FCF Margin50.6%$592.0M ÷ revenue

3-Year CAGR-16.3%FY2022 → FY2025

5-Year CAGR-3.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

FSK · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$592.0M(0M)$592.0M▼ 68.9%50.6%

FY2024$1.90B(0M)$1.90B▲ +201.3%171.3%

FY2023$631.0M(0M)$631.0M▼ 37.4%51.3%

FY2022$1.01B(0M)$1.01B▲ +161.8%217.7%

FY2021$385.0M(0M)$385.0M▼ 45.8%21.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

FSK · P/FCF · FCF yield · FCF per share

FS KKR Capital Corp. (FSK) trades at a FCF yield of 13.73% and a price-to-free-cash-flow ratio of 7.3x. FCF per share stands at $1.46, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

13.73%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.46

TTM FCF ÷ Shares Outstanding

Price / FCF

x7.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x24.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

FSK · cash flow statement · operating / investing / financing

For FY2025, FS KKR Capital Corp. generated $592.0M in operating cash flow and spent 0M in capital expenditures, yielding $592.0M in free cash flow.

Operating Activities

+$592.0M

Cash from core business operations

2025-12-31

Investing Activities

+$0.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$679.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($592.0M) − |CapEx| (0M) = FCF ($592.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

FSK vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

FS KKR Capital Corp.YOU

FSK

$592.0M-68.9%50.6%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

FS KKR Capital Corp. (FSK) reported free cash flow of $592.0M for FY2025 (fiscal year ending 2025-12-31), down 68.9% year-over-year. The FCF margin was 50.6%.

Based on available data, FS KKR Capital Corp. has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $1.90B in FY2024. The 5-year CAGR stands at -3.6%.

FS KKR Capital Corp.'s FCF yield is 13.73% and price-to-FCF ratio is 7.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

FSK free cash flow · 8 questions

FS KKR Capital Corp. free cash flow was $592.0M for FY2025, down 68.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $409.0M.

FSK free cash flowFSK FCFFSK FCF 2025FSK free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · FS KKR Capital Corp. · FS KKR Capital Corp. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026