FSK

Company Overview — What Does FS KKR Capital Corp Do?

FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S. companies. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans. In connection with the debt investments, the firm also receives equity interests such as warrants or options as additional consideration. It also seek to purchase minority interests in the form of common or preferred equity in our target companies, either in conjunction with one of the debt investments or through a co-investment with a financial sponsor. Additionally, on an opportunistic basis, the fund may also invest in corporate bonds and similar debt securities. The fund does not seek to invest in start-up companies, turnaround situations, or companies with speculative business plans. It seeks to invest in small and middle-market companies based in United States. The fund seeks to invest in firms with annual revenue between $10 million to $2.5 billion. It focus on providing customized one-stop credit solutions to private upper middle market companies with annual EBITDA of $50 million to $100 million at the time of investment. It seeks to exit from securities by selling them in a privately negotiated over- the- counter market. For any investments that are not able to be sold within the secondary market, the firm seeks to exit such investments through repayment, an initial public offering of equity securities, merger, sale or recapitalization. FS KKR Capital Corp (FSK) is classified as a mid-cap stock in the Financials sector, specifically within the Financial Services industry. The company is led by CEO Michael C. Forman, headquartered in PHILADELPHIA, Pennsylvania. With a market capitalization of $2.8B, FSK is one of the notable companies in the Financials sector.

FS KKR Capital Corp (FSK) Stock Rating — Reduce (April 2026)

As of April 2026, FS KKR Capital Corp receives a Reduce rating with a composite score of 37.7/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.FSK ranks #3,240 out of 4,446 stocks in our coverage universe. Within the Financials sector, FS KKR Capital Corp ranks #752 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

FSK Stock Price and 52-Week Range

FS KKR Capital Corp (FSK) currently trades at $10.17. The stock gained $0.03 (0.3%) in the most recent trading session. The 52-week high for FSK is $22.68, which means the stock is currently trading -55.2% from its annual peak. The 52-week low is $9.72, putting the stock 4.6% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.

Is FSK Overvalued or Undervalued? — Valuation Analysis

FS KKR Capital Corp (FSK) carries a value factor score of 28/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 10.36x, compared to the Financials sector average of 14.88x — a discount of 30%. The price-to-book ratio stands at 0.50x, versus the sector average of 1.22x. The price-to-sales ratio is 18.11x, compared to 0.90x for the average Financials stock. On an enterprise value basis, FSK trades at 18.02x EV/EBITDA, versus 3.26x for the sector.

At current multiples, FS KKR Capital Corp trades at a premium to most Financials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

FS KKR Capital Corp Profitability — ROE, Margins, and Quality Score

FS KKR Capital Corp (FSK) earns a quality factor score of 45/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 4.9%, compared to the Financials sector average of 8.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 2.1% versus the sector average of 1.2%.

On a margin basis, FS KKR Capital Corp reports gross margins of 100.0%. The operating margin is 0.0% (sector: 21.8%). Net profit margin stands at 131.3%, versus 17.7% for the average Financials stock. Revenue growth is running at -15.4% on a trailing basis, compared to 9.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

FSK Debt, Balance Sheet, and Financial Health

FS KKR Capital Corp has a debt-to-equity ratio of 131.0%, compared to the Financials sector average of 121.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.74x, suggesting adequate working capital coverage. Total debt on the balance sheet is $7.63B. Cash and equivalents stand at $119M.

FSK has a beta of 0.82, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for FS KKR Capital Corp is 66/100, reflecting average volatility within the normal range for its sector.

FS KKR Capital Corp Revenue and Earnings History — Quarterly Trend

In TTM 2026, FS KKR Capital Corp reported revenue of $163M and earnings per share (EPS) of $0.04. Net income for the quarter was $285M. Gross margin was 100.0%. Operating income came in at $0.

In FY 2025, FS KKR Capital Corp reported revenue of $676M and earnings per share (EPS) of $0.04. Net income for the quarter was $11M. Revenue grew -19.1% year-over-year compared to FY 2024.

In Q3 2025, FS KKR Capital Corp reported revenue of $163M and earnings per share (EPS) of $0.76. Net income for the quarter was $214M.

In Q2 2025, FS KKR Capital Corp reported revenue of N/A and earnings per share (EPS) of $-0.75. Net income for the quarter was $-209M.

Over the past 8 quarters, FS KKR Capital Corp has reported varying levels of revenue. Investors analyzing FSK stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

FSK Dividend Yield and Income Analysis

FS KKR Capital Corp (FSK) currently pays a dividend yield of 18.8%. At this yield, a $10,000 investment in FSK stock would generate approximately $$1875.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning FSK offers above-average income for its sector. With a net margin of 131.3%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.

FSK Momentum and Technical Analysis Profile

FS KKR Capital Corp (FSK) has a momentum factor score of 18/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 63/100 reflects moderate short selling activity.

FSK vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, FS KKR Capital Corp (FSK) ranks #752 out of 891 stocks based on the Blank Capital composite score. This places FSK in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing FSK against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full FSK vs S&P 500 (SPY) comparison to assess how FS KKR Capital Corp stacks up against the broader market across all factor dimensions.

FSK Next Earnings Date

No upcoming earnings date has been announced for FS KKR Capital Corp (FSK) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy FSK? — Investment Thesis Summary

The quantitative profile for FS KKR Capital Corp suggests caution. The value score of 28/100 indicates premium valuation. Momentum is weak at 18/100, a headwind for near-term performance. Low volatility (stability score 66/100) reduces downside risk.

In summary, FS KKR Capital Corp (FSK) earns a Reduce rating with a composite score of 37.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on FSK stock.

Related Resources for FSK Investors

Explore more research and tools: FSK vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare FSK head-to-head with peers: FSK vs WTM, FSK vs OPY, FSK vs ACT.