• FS KKR Capital average return on tangible equity for 2023 was 6.16, a 22.52% increase from 2022.
• FS KKR Capital average return on tangible equity for 2022 was 7.95, a 68.15% decline from 2021.
• FS KKR Capital average return on tangible equity for 2021 was 24.96, a 249.1% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.