{"url":"https://newsforagent.com/news/2026-11-05/fs-kkr-capital-third-quarter-results","markdown_url":"https://newsforagent.com/news/2026-11-05/fs-kkr-capital-third-quarter-results.md","title":"FS KKR Capital Posts $0.46 Net Investment Income Per Share","headline":"FS KKR Capital Reports $0.46 Net Investment Income Per Share and Declares $0.44 Quarterly Distribution","description":"FS KKR Capital reported $0.46 net investment income per share for Q3 2026 and declared a $0.44 quarterly distribution plus a $0.20 special distribution.","section":"Earnings & Results","published_at":"2026-11-05T11:53:14+00:00","modified_at":"2026-11-05T11:53:14+00:00","author":"News Desk","key_takeaways":["FS KKR Capital reported net investment income of $0.46 per share for the quarter ended September 30, 2026.","The board declared a fourth quarter distribution of $0.44 per share and a special distribution of $0.20 per share.","FS KKR Capital repurchased about 6 million shares at a weighted average price of $11.24 per share, totaling approximately $69 million."],"companies":[{"name":"FS KKR Capital Corp","is_primary":true,"profile_url":null,"website":"https://www.fskkr.com"},{"name":"FS/KKR Advisor","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0000ygg/fs-kkr-advisor","website":"https://fskkrcapitalcorp.com"}],"source":{"publisher":"PR Newswire","title":"FS KKR Capital Corp. Announces Third Quarter 2026 Results","url":"https://www.prnewswire.com/news-releases/fs-kkr-capital-corp-announces-third-quarter-2026-results-302930017.html"},"other_sources":[{"publisher":"The Globe and Mail","url":"https://www.theglobeandmail.com/investing/article-blackstone-ceo-says-widening-credit-spreads-a-chance-to-capture-higher/"},{"publisher":"Alternative Credit Investor","url":"https://alternativecreditinvestor.com/2026/10/29/cvc-credit-assets-jump-55-as-marathon-acquisition-boosts-growth/"},{"publisher":"B2B Marketplace","url":"https://www.fibre2fashion.com/news/textile-news/us-credit-outlook-stays-benign-amid-tighter-funding-fitch-314607-newsdetails.htm"},{"publisher":"PR Newswire","url":"https://www.prnewswire.com/news-releases/ares-capital-corporation-announces-september-30--2026-financial-results-and-declares-fourth-quarter-2026-dividend-of-0-48-per-share-dividend-declarations-302920435.html"}],"tags":["Earnings & Results","FS KKR Capital Corp","FS/KKR Advisor"],"body_markdown":"FS KKR Capital Corp. Reported net investment income of $0.46 per share for the quarter ended September 30, 2026, and its board declared a fourth quarter distribution of $0.44 per share plus a special distribution of $0.20 per share, [PR Newswire](https://www.prnewswire.com/news-releases/fs-kkr-capital-corp-announces-third-quarter-2026-results-302930017.html) announced on November 5, 2026. FS KKR Capital is a publicly traded business development company that provides credit solutions to private middle market U.S. Companies.\n\n## FS KKR Capital's Third Quarter Results\n\nNet asset value stood at $18.28 per share as of September 30, 2026, compared with $18.30 per share as of June 30, 2026. Earnings per share were $0.26, compared with ($0.13) for the prior quarter. Total net realized and unrealized loss was $0.19 per share, compared with a loss of $0.56 per share for the quarter ended June 30, 2026.\n\nTotal purchases were $335 million against $442 million of sales and repayments. The debt to equity ratio was 127% at September 30, 2026, unchanged from June 30, 2026, and the net debt to equity ratio was 125%, compared with 122%.\n\n\"During the quarter we repurchased approximately six million shares of common stock at a weighted average price of $11.24 per share, totaling approximately $69 million,\" said Michael C. Forman, Chief Executive Officer and Chairman. \"As our investment team continues focusing on portfolio rotation, we expect our portfolio will move toward more first lien exposure.\"\n\nThe total fair value of investments was $11.3 billion, of which 63.2% was invested in senior secured securities. The weighted average annual yield on accruing debt investments was 10.0%, compared with 9.8% as of June 30, 2026. Investments on non-accrual status represented 3.4% of the total investment portfolio at fair value, compared with 3.8%.\n\n## Earlier Results and Coverage\n\nFS KKR Capital announced second quarter 2026 results on August 6, 2026, reporting net investment income of $0.44 per share, up from $0.42 in the first quarter of 2026, and a net loss of $0.13 per share due to $0.56 per share in realized and unrealized losses, [PR Newswire](https://www.prnewswire.com/news-releases/ares-capital-corporation-announces-september-30--2026-financial-results-and-declares-fourth-quarter-2026-dividend-of-0-48-per-share-dividend-declarations-302920435.html) reported. MarketScreener reported on the same date that second quarter revenue was $290.0 million, against a FactSet estimate of $286.8 million. AInvest reported on August 4, 2026, that FS KKR Capital posted a first quarter 2026 net loss of $441 million, with earnings per share of -$1.57.\n\n## How Peers Reported\n\nAres Capital announced third quarter 2026 results and declared a fourth quarter 2026 dividend of $0.48 per share, payable December 29, 2026, PR Newswire reported on October 27, 2026. Ares Capital reported GAAP net income of $319 million and a portfolio value of $29.2 billion. [The Globe and Mail](https://www.theglobeandmail.com/investing/article-blackstone-ceo-says-widening-credit-spreads-a-chance-to-capture-higher/) reported on October 22, 2026, that Blackstone CEO Stephen Schwarzman said widening credit spreads on AI-related debt could be an opportunity to lock in higher returns.\n\n## FS KKR Capital's Distribution Dates\n\nThe fourth quarter distribution of $0.44 per share will be paid on or about December 24, 2026, to stockholders of record as of December 16, 2026. The special distribution of $0.20 per share will be paid on or about December 15, 2026, to stockholders of record as of December 1, 2026. A cash dividend of $0.3125 per preferred share will be paid on or about December 31, 2026, to convertible preferred stockholders of record as of December 15, 2026.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}