FS KKR Capital Corp. (FSK) Stock

FS KKR Capital Corp. (FSK) is a Financial Services stock trading at $10.63 (as of 2026-07-24), with a market capitalization of $2.98B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

FS KKR Capital Corp. is a business development company that invests in debt securities of private middle-market U.S. companies, primarily through senior secured debt and, to a lesser extent, subordinated debt. It makes investments via primary or secondary loan transactions and may also receive equity interests and invest opportunistically in other debt and minority equity positions.

Understand FS KKR Capital Corp.: how it makes money

FS KKR Capital Corp. provides customized credit solutions by investing in debt securities, primarily senior secured debt (and to a lesser extent subordinated debt) issued by private middle market U.S. companies, buying loan interests through secondary market transactions or directly from target companies.

Its profit model is driven by how well the specific loan interests it acquires (mostly senior secured, and sometimes subordinated) perform over time, reflected in ongoing net sales and repayments.

Business quality (Weak): Clear focus on private middle market U.S. debt investments, but the available facts do not show segment structure or operating KPIs investors can track beyond net sales and repayments, so credit and repayment performance are the core things to watch.

Bull case

  • Focused lending strategy: The company specializes in customized credit solutions and invests primarily in senior secured debt of private middle market U.S. companies.
  • Multiple ways to acquire loans: It seeks to purchase interests in loans through secondary market transactions or directly from target companies as primary market investments.

Bear case

  • Credit and repayment uncertainty: Because it invests in loans, weaker borrower repayment outcomes can reduce net sales and repayments and hurt investment performance.
  • Dependence on private market execution: The strategy depends on sourcing and managing investments in private middle market U.S. companies, including through secondary market transactions.
Valuation — source: SEC EDGAR (first-party)
Price$10.63
Market Cap$2.98B
Price / Book0.56
Price / Sales2.09
DCF Value (model)$0.40
DCF Upside vs Price-96.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.52B
Net Margin0.7%
Revenue Growth (YoY)-24.0%
EPS Growth (YoY)-465.1%
Valuation vs Sector & Industry
Sector P/E (Financial Services)8.9
Industry P/E (Asset Management)8.9
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderOAK HILL ADVISORS LP ($91.37M)
Institutional Holders Tracked10
Congressional Trades (recent)2
Company
SectorFinancial Services
IndustryAsset Management
CEOMichael Craig Forman
Employees1,383
CountryUS
IPO Date2014-04-16

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FSK earnings history · FSK institutional & insider holders · FSK KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.