FSK
Financial ServicesFS KKR Capital Corp. · Asset Management · $3B
What is FS KKR Capital Corp.?
FS KKR Capital Corp. is a business development company (BDC) headquartered in Philadelphia that provides credit solutions to private middle market U.S. companies.
FSK primarily invests in the senior and subordinated debt of private middle market U.S. businesses, offering customized one-stop credit solutions. It also receives equity interests such as warrants alongside debt investments and may take minority equity stakes. The fund focuses on established companies with meaningful annual revenues, avoiding startups or turnaround situations.
The company was founded in 2014 and is headquartered in Philadelphia, Pennsylvania.
- Senior secured loans to middle market companies
- Second lien and subordinated debt investments
- Equity co-investments and warrant positions
Is FSK a Good Stock to Buy?
UQS Score rates FSK as Below Average overall.
Valuation stands out as the most favorable pillar, rated Attractive — meaning the stock may be priced at a discount relative to its fundamentals. Growth is rated Neutral, suggesting the portfolio is neither expanding rapidly nor contracting sharply.
Quality, Moat, and Risk are all rated Weak, reflecting structural challenges common to leveraged credit vehicles operating in competitive lending markets.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does FSK pay dividends?
Yes — FS KKR Capital Corp. pays a dividend.
FSK pays a regular dividend, which is typical for BDCs — they are required by regulation to distribute the majority of taxable income to shareholders. Income-focused investors often hold BDCs specifically for this distribution cadence. Dividend sustainability depends on the quality of the underlying loan portfolio.
When does FSK report earnings?
FS KKR Capital Corp. reports earnings on a quarterly cadence, consistent with US-listed equities.
As a BDC, FSK's quarterly results center on net investment income, portfolio credit quality, and net asset value per share. Shifts in interest rates and borrower health in the middle market tend to drive quarter-to-quarter variation.
For the most recent quarter's results, visit FS KKR Capital Corp.'s investor relations page directly.
FSK Price History
+3.1% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in FS KKR Capital Corp.?
Based on FS KKR Capital Corp.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does FS KKR Capital Corp. do?
FS KKR Capital Corp. is a business development company that lends to private middle market U.S. businesses. It focuses primarily on senior secured debt but also makes subordinated loans and takes equity positions such as warrants alongside its credit investments.
Does FSK pay dividends?
Yes, FSK pays a regular dividend. BDCs like FSK are structured to distribute most of their taxable income to shareholders, making dividend income a central part of the investment case. Investors should monitor net investment income trends to assess dividend sustainability.
When does FSK report earnings?
FSK reports on a quarterly basis. For exact dates and the most current results, check FS KKR Capital Corp.'s official investor relations page, as scheduled dates can shift.
Is FSK a good stock to buy?
UQS Score rates FSK as Below Average overall. The Valuation pillar is Attractive, but Quality, Moat, and Risk are all rated Weak. Investors should weigh the income potential against the structural risks before deciding if FSK fits their portfolio.
Is FSK overvalued?
Based on the UQS Valuation pillar, FSK is rated Attractive, suggesting it may trade at a discount relative to its fundamentals. However, a low valuation in a BDC can also reflect market concerns about credit quality and portfolio risk.
What is FSK's market cap bracket?
FSK is classified as a mid-cap stock within the financial services sector.
Is FSK a long-term quality investment?
The UQS long-term quality indicators — Quality, Moat, and Risk — are all rated Weak for FSK. While the Attractive valuation may appeal to income seekers, the weak structural scores suggest limited durable competitive advantage over a long horizon.
What sector does FSK belong to?
FSK operates in the Financial Services sector, specifically as a business development company (BDC). BDCs are a regulated investment vehicle that channels capital into private middle market lending, sitting between traditional banks and private equity funds.
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Pro Analysis
FSK — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 19, 2026 | 38.6 | 25.0 | 28.0 | 41.9 | 13.3 | 100.0 | +5.6 |
| Apr 18, 2026 | 33.0 | 13.9 | 28.0 | 41.6 | 14.8 | 80.0 | -3.0 |
| Apr 2, 2026 | 36.0 | 13.9 | 28.0 | 41.6 | 14.8 | 100.0 | — |
FSK — Pillar Breakdown
Quality
— 25.0/100 (25%)FS KKR Capital Corp. currently shows below-average quality metrics, suggesting challenges with profitability.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 41.2/100 (20%)FS KKR Capital Corp. shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 13.3/100 (15%)FS KKR Capital Corp. presents elevated risk with concerns around leverage or financial stability.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 100.0/100 (15%)FS KKR Capital Corp. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Moat
— 28/100 (25%)FS KKR Capital Corp. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for FSK.
Score Composition
Financial Data
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How is the FSK UQS Score Calculated?
The UQS (Unified Quality Score) for FS KKR Capital Corp. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses FS KKR Capital Corp.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether FS KKR Capital Corp. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.