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Side-by-side financial comparison of KKR & Co. (KKR) and Molson Coors Beverage Company (TAP). Click either name above to swap in a different company.
KKR & Co. is the larger business by last-quarter revenue ($5.7B vs $3.1B, roughly 1.8× Molson Coors Beverage Company). KKR & Co. runs the higher net margin — 20.0% vs 7.6%, a 12.3% gap on every dollar of revenue. On growth, KKR & Co. posted the faster year-over-year revenue change (76.1% vs -3.6%). Over the past eight quarters, Molson Coors Beverage Company's revenue compounded faster (1.2% CAGR vs -22.9%).
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global private equity and investment company. As of December 31, 2024, the firm had completed 770 private-equity investments with approximately $790 billion of total enterprise value. Its assets under management (AUM) and fee paying assets under management (FPAUM) were $553 billion and $446 billion, respectively.
Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.
KKR vs TAP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.7B | $3.1B |
| Net Profit | $1.1B | $238.3M |
| Gross Margin | — | 31.0% |
| Operating Margin | 45.3% | 10.4% |
| Net Margin | 20.0% | 7.6% |
| Revenue YoY | 76.1% | -3.6% |
| Net Profit YoY | 1.8% | -17.2% |
| EPS (diluted) | — | $1.32 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $5.7B | $3.1B | ||
| Q3 25 | $5.5B | $3.5B | ||
| Q2 25 | $5.1B | $3.7B | ||
| Q1 25 | $3.1B | $2.7B | ||
| Q4 24 | $3.3B | $3.2B | ||
| Q3 24 | $4.8B | $3.6B | ||
| Q2 24 | $4.2B | $3.8B | ||
| Q1 24 | $9.7B | $3.0B |
| Q4 25 | $1.1B | $238.3M | ||
| Q3 25 | $900.4M | $-2.9B | ||
| Q2 25 | $510.1M | $428.7M | ||
| Q1 25 | $-185.9M | $121.0M | ||
| Q4 24 | $1.1B | $287.8M | ||
| Q3 24 | $600.5M | $199.8M | ||
| Q2 24 | $667.9M | $427.0M | ||
| Q1 24 | $682.2M | $207.8M |
| Q4 25 | — | 31.0% | ||
| Q3 25 | — | 33.7% | ||
| Q2 25 | — | 34.3% | ||
| Q1 25 | — | 31.6% | ||
| Q4 24 | — | 32.0% | ||
| Q3 24 | — | 33.4% | ||
| Q2 24 | — | 34.6% | ||
| Q1 24 | — | 31.6% |
| Q4 25 | 45.3% | 10.4% | ||
| Q3 25 | 39.8% | -98.5% | ||
| Q2 25 | 30.0% | 15.6% | ||
| Q1 25 | 24.8% | 6.9% | ||
| Q4 24 | 50.4% | 12.0% | ||
| Q3 24 | 34.3% | 12.5% | ||
| Q2 24 | 29.0% | 15.6% | ||
| Q1 24 | 14.1% | 10.3% |
| Q4 25 | 20.0% | 7.6% | ||
| Q3 25 | 16.3% | -84.0% | ||
| Q2 25 | 10.0% | 11.5% | ||
| Q1 25 | -6.0% | 4.5% | ||
| Q4 24 | 34.5% | 8.9% | ||
| Q3 24 | 12.5% | 5.5% | ||
| Q2 24 | 16.0% | 11.1% | ||
| Q1 24 | 7.1% | 6.8% |
| Q4 25 | — | $1.32 | ||
| Q3 25 | — | $-14.79 | ||
| Q2 25 | — | $2.13 | ||
| Q1 25 | — | $0.59 | ||
| Q4 24 | — | $1.39 | ||
| Q3 24 | — | $0.96 | ||
| Q2 24 | — | $2.03 | ||
| Q1 24 | — | $0.97 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $896.5M |
| Total DebtLower is stronger | — | $6.3B |
| Stockholders' EquityBook value | $30.9B | $10.2B |
| Total Assets | $410.1B | $22.7B |
| Debt / EquityLower = less leverage | — | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $896.5M | ||
| Q3 25 | — | $950.2M | ||
| Q2 25 | — | $613.8M | ||
| Q1 25 | — | $412.7M | ||
| Q4 24 | — | $969.3M | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $458.4M |
| Q4 25 | — | $6.3B | ||
| Q3 25 | — | $6.3B | ||
| Q2 25 | — | $6.3B | ||
| Q1 25 | — | $6.2B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $6.2B | ||
| Q2 24 | — | $7.0B | ||
| Q1 24 | — | $6.2B |
| Q4 25 | $30.9B | $10.2B | ||
| Q3 25 | $29.7B | $10.3B | ||
| Q2 25 | $28.2B | $13.4B | ||
| Q1 25 | $27.5B | $13.1B | ||
| Q4 24 | $23.7B | $13.1B | ||
| Q3 24 | $24.1B | $13.3B | ||
| Q2 24 | $21.7B | $13.2B | ||
| Q1 24 | $21.4B | $13.1B |
| Q4 25 | $410.1B | $22.7B | ||
| Q3 25 | $398.5B | $22.9B | ||
| Q2 25 | $380.9B | $26.8B | ||
| Q1 25 | $372.4B | $25.9B | ||
| Q4 24 | $360.1B | $26.1B | ||
| Q3 24 | $360.7B | $26.6B | ||
| Q2 24 | $348.5B | $27.4B | ||
| Q1 24 | $339.8B | $26.1B |
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.61× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.47× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.47× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-4.9B | $540.7M |
| Free Cash FlowOCF − Capex | — | $357.8M |
| FCF MarginFCF / Revenue | — | 11.4% |
| Capex IntensityCapex / Revenue | — | 5.9% |
| Cash ConversionOCF / Net Profit | -4.28× | 2.27× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.9B | $540.7M | ||
| Q3 25 | $2.4B | $616.1M | ||
| Q2 25 | $438.8M | $718.3M | ||
| Q1 25 | $2.5B | $-90.7M | ||
| Q4 24 | $-111.7M | $494.5M | ||
| Q3 24 | $1.9B | $521.2M | ||
| Q2 24 | $3.4B | $869.2M | ||
| Q1 24 | $1.5B | $25.4M |
| Q4 25 | — | $357.8M | ||
| Q3 25 | — | $483.0M | ||
| Q2 25 | — | $555.0M | ||
| Q1 25 | — | $-328.0M | ||
| Q4 24 | — | $383.4M | ||
| Q3 24 | — | $350.4M | ||
| Q2 24 | — | $691.7M | ||
| Q1 24 | — | $-189.3M |
| Q4 25 | — | 11.4% | ||
| Q3 25 | — | 13.9% | ||
| Q2 25 | — | 14.8% | ||
| Q1 25 | — | -12.2% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 18.0% | ||
| Q1 24 | — | -6.2% |
| Q4 25 | — | 5.9% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | — | 4.6% | ||
| Q1 24 | — | 7.0% |
| Q4 25 | -4.28× | 2.27× | ||
| Q3 25 | 2.65× | — | ||
| Q2 25 | 0.86× | 1.68× | ||
| Q1 25 | — | -0.75× | ||
| Q4 24 | -0.10× | 1.72× | ||
| Q3 24 | 3.12× | 2.61× | ||
| Q2 24 | 5.03× | 2.04× | ||
| Q1 24 | 2.24× | 0.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KKR
| Insurance Segment | $3.5B | 61% |
| Asset Management1 | $703.7M | 12% |
| Transaction Fee | $512.0M | 9% |
| Transaction And Monitoring Fees | $268.7M | 5% |
| Fee Credit | $230.1M | 4% |
| Other | $201.5M | 4% |
| Fixed Annuity | $77.0M | 1% |
| Asset Management Segment | $56.9M | 1% |
| Monitoring Fee | $53.5M | 1% |
| Investment Advice | $40.6M | 1% |
| Fee Related Performance | $33.6M | 1% |
| Interest Sensitive Life | $21.7M | 0% |
| Incentive Fee | $11.0M | 0% |
TAP
Segment breakdown not available.
