Kilroy Realty Corporation logo KRC - Kilroy Realty Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 9
HOLD 16
SELL 3
STRONG
SELL
0
| PRICE TARGET: $36.86 DETAILS
HIGH: $41.00
LOW: $29.00
MEDIAN: $38.00
CONSENSUS: $36.86
UPSIDE: 8.51%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Revenue
Revenue 1,112.7 1,135.6 1,129.7 1,097.0 955.0 898.4 837.5 747.3 719.0 642.6 581.3 521.7 465.1 404.9 367.1 302.0 279.4 290.0 258.5 251.2 241.7 221.4 227.8 202.1 209.6 187.1 159.7 136.3 69.2 39.2
Cost of Revenue 367.2 372.9 351.1 321.1 269.6 260.7 253.9 210.8 202.8 172.6 158.7 148.8 140.3 117.0 72.9 85.6 49.7 71.0 62.8 61.8 57.4 51.8 49.7 46.3 45.3 0 0 0 0 0
Gross Profit 745.5 762.8 778.6 775.9 685.5 637.7 583.6 536.5 516.2 470.0 422.6 372.9 324.8 287.9 294.3 216.4 229.7 219.0 195.6 189.4 184.3 169.6 178.1 155.7 164.3 187.1 159.7 136.3 69.2 39.2
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.7
SG&A Expenses 85 72.1 93.4 93.6 92.7 99.3 88.1 90.5 60.6 57.0 48.3 46.2 39.7 36.2 29.9 28.9 39.9 38.3 36.6 22.8 66.5 34.0 19.1 12.6 12.4 11.1 9.1 7.7 5.0 2.4
Other Expenses 345 356.2 355.3 357.6 310.0 299.3 273.1 260.0 249.2 217.2 204.8 202.5 193.1 163.1 133.9 102.7 112.5 159.9 139.3 136.1 125.8 112.6 108.8 107.5 98.7 80.7 68.2 58.0 27.5 21.1
Operating Expenses 430 428.2 448.7 451.3 402.8 398.6 361.3 350.4 309.7 274.3 253.1 248.6 232.8 199.3 196.3 131.7 154.1 198.2 175.9 158.9 192.3 146.6 127.9 120.0 111.2 91.8 77.3 65.7 32.6 24.2
Operating Income
Operating Income 315.5 334.5 329.9 324.7 282.7 239.1 222.3 186.1 206.5 195.7 169.5 57.3 17.8 88.7 98.0 84.7 30.8 (198.2) (175.9) (158.9) (192.3) (146.6) (127.9) (120.0) (111.2) (91.8) (77.3) (65.7) (32.6) (24.2)
Interest Expense 185 145.3 114.2 84.3 78.6 70.8 48.5 50.3 66.0 55.8 57.7 67.6 75.9 79.1 89.4 59.9 46.1 40.4 37.5 43.5 39.2 37.6 33.4 35.6 41.7 0 0 0 0 0
Interest Income 7.0 37.8 22.6 1.8 3.9 3.4 4.6 0 5.5 1.8 0.2 0.6 1.6 0.8 0.6 1.0 1.3 0 0 1.7 0 0 0.2 0.5 1.0 0 0 0 0 0
Profitability
EBITDA 808.5 735.5 708.8 659.8 1,048.7 578.2 537.6 440.4 452.4 521.0 442.9 261.7 208.6 168.4 234.5 122.7 123.4 81.1 157.0 156.9 329.3 290.6 141.0 179.1 108.7 250.9 221.9 192.5 108.5 63.5
EBIT 463.5 378.2 352.5 343.8 737.5 278.1 263.8 186.1 246.7 359.6 296.3 126.9 90.8 73.6 70.2 54.7 74.2 91.3 84.2 88.1 265.1 235.8 89.0 122.5 241.5 209.8 188.2 166.3 94.5 63.5
Income Before Tax 278.5 233.0 238.3 259.5 658.9 207.3 215.2 277.9 180.6 303.8 238.6 59.3 15.8 5.4 5.1 18.9 37.0 44.1 113.8 81.9 33.8 29.9 49.6 40.3 38.4 46.8 39.9 38.8 24.8 13.3
Income Tax Expense 0 0 0 0 0 0 0 0 0 10.0 0 (120.9) (28.0) (265.5) (61.0) (0.8) (37.0) (44.1) (113.8) (81.9) (33.8) (29.9) (49.6) (40.3) (38.4) (46.8) (39.9) (38.8) (24.8) (13.3)
Net Income 276.1 211.0 212.2 232.6 628.1 187.1 195.4 258.4 164.6 293.8 234.1 180.2 43.9 270.9 66.0 19.7 37.0 44.1 113.8 81.9 33.8 29.9 49.6 40.3 38.4 46.8 39.9 38.8 24.8 13.3
Per Share Data
EPS (Basic) 2.32 1.78 1.80 1.98 5.38 1.63 1.42 2.58 1.52 3.00 2.44 1.99 0.37 3.56 0.87 0.07 0.53 1.06 3.22 2.31 0.84 1.06 1.81 1.40 1.13 1.76 1.44 1.44 1.20 -0.52
EPS (Diluted) 2.32 1.77 1.80 1.97 5.36 1.63 1.41 2.57 1.51 2.97 2.42 1.95 0.36 3.56 0.87 0.07 0.53 1.06 3.20 2.30 0.84 1.06 1.79 1.39 1.12 1.75 1.44 1.43 1.19 -0.52
Shares Outstanding 119.0 117.6 117.2 117.2 116.4 113.7 103.2 100.0 98.1 92.3 89.9 83.1 77.3 69.0 56.7 49.5 38.7 32.5 32.4 31.2 28.7 28.2 27.5 27.4 27.2 26.6 27.7 27.0 18.4 14.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996
Current Assets
Cash & Cash Equivalents 179.3 165.7 510.2 347.4 414.1 732.0 60.0 51.6 57.6 193.4 9.9 9.6 4.9 9.9 15.8 16.5 17.6 26.1 6.4 8.9 0
Short-Term Investments 30.8 28.0 284.7 23.5 27.5 27.5 27.1 21.8 20.7 14.8 3.5 1.9 0 0 0 0 0 0 0 0 0
Net Receivables 437.6 463.0 474.6 472.8 420.1 398.7 366.1 287.2 263.3 232.4 88.3 5.8 51.7 41.7 32.5 32.2 32.5 22.1 15.6 7.4 3.0
Inventory 0 0 0 0 0 0 0 (13.9) (55.1) 9.4 140.9 0 0 0 0 0 0 0 0 0 0
Other Current Assets (41.8) 0 0 0 13.0 91.1 16.3 119.4 9.1 56.7 2.1 0 0 0 0 0 0 0 0 0 0
Total Current Assets 616.9 677.8 1,280.0 855.1 887.2 1,255.8 488.2 480.0 350.8 506.8 170.2 17.2 56.5 51.6 48.3 48.6 50.1 48.2 22.1 16.3 3.0
Non-Current Assets
Property, Plant & Equipment 128.1 155.5 162.6 168.1 170.1 138.9 131.6 36.8 39.7 40.4 1,914.1 1,939.2 1,480.7 1,404.9 1,407.7 1,359.3 1,291.1 1,235.8 1,048.8 712.9 117.7
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 278.2 58.6 54.5 70.4 56.5 14.7 26.9 31.5 37.0 58.0 51.8 53.5 51.3 0 0 0 0 0 0 0 0
Long-Term Investments 0 0 0 0 0 0 27.1 21.8 20.7 14.8 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 9,891.9 10,006.4 9,904.0 9,703.4 9,469.6 8,591.4 8,226.2 52.9 114.7 70.6 (51.8) 106.8 67.3 107.7 98.9 97.9 166.0 84.7 57.1 44.7 10.7
Total Non-Current Assets 10,298.2 10,220.5 10,121.1 9,941.9 9,696.2 8,745.0 8,411.9 7,285.7 6,452.0 6,199.9 1,914.1 2,099.6 1,599.2 1,512.6 1,506.6 1,457.2 1,457.2 1,320.5 1,105.9 757.7 128.3
Total Assets 10,915.1 10,898.4 11,401.0 10,797.0 10,583.4 10,000.7 8,900.1 7,765.7 6,802.8 6,706.6 2,084.3 2,099.6 1,599.2 1,512.6 1,506.6 1,457.2 1,457.2 1,320.5 1,105.9 757.7 128.3
Current Liabilities
Account Payables 289.0 285.0 371.2 392.4 391.3 445.1 418.8 374.4 221.3 177.3 52.5 0 0 0 0 0 0 0 0 0 6.6
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.2 0 0
Deferred Revenue 201.3 213.4 253.0 277.4 246.1 197.4 206.0 209.9 202.4 202.4 66.9 76.2 21.6 20.9 24.3 0 0 0 0 0 0
Other Current Liabilities (409.6) 0 0 0 0 0 0 (482.2) (277.8) (229.4) (66.1) (76.5) (67.9) (35.4) (35.3) (53.9) (33.9) (26.3) (33.2) (9.7) (7.6)
Total Current Liabilities 145.7 563.3 688.6 734.0 699.2 701.9 678.1 631.8 495.5 627.1 87.9 76.2 21.6 20.9 24.3 0 0 0 2.2 0 6.6
Non-Current Liabilities
Long-Term Debt 4,717.1 4,597.8 4,928.4 4,263.0 4,068.8 3,923.7 3,552.8 2,932.6 2,347.1 2,320.1 711.4 773.5 801.4 0 0 714.6 723.7 553.5 405.4 273.4 223.3
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 (2,899.0) (2,797.0) 55.4 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 287.0 0 0 0 0 (197.4) (206.0) 482.2 349.6 0 344.9 (849.7) 89.5 817.3 821.6 (714.6) (723.7) (553.5) (405.4) (273.4) (223.3)
Total Non-Current Liabilities 5,131.7 4,726.2 5,052.7 4,388.0 4,194.3 4,021.5 3,651.2 2,932.6 2,347.1 2,320.2 1,112.5 1,341.5 912.5 838.2 845.9 799.1 789.0 613.5 449.5 305.3 242.1
Total Liabilities 5,277.3 5,289.5 5,741.4 5,122.0 4,893.5 4,723.4 4,329.2 3,564.4 2,842.5 2,947.3 1,200.4 1,341.5 912.5 838.2 845.9 799.1 789.0 613.5 449.5 305.3 242.1
Stockholders' Equity
Common Stock 1.2 1.2 1.2 1.2 1.2 1.2 1.1 1.0 1.0 0.9 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.2 0
Retained Earnings 188.9 171.2 221.1 265.1 283.7 (103.1) (58.5) (48.1) (122.7) (108.0) (180.7) (129.3) (83.4) (53.4) (47.6) (33.2) (19.2) (18.6) (11.8) (6.3) (113.8)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 (48.1) (122.7) (192.4) (121.6) (121.6) 0.3 (4.4) (5.8) (5.8) 0 0 0 0 0
Total Stockholders' Equity 5,420.8 5,382.0 5,428.2 5,437.0 5,440.1 5,029.9 4,293.5 3,929.9 3,700.8 3,543.0 854.9 656.1 552.7 489.9 440.0 440.6 441.4 472.9 475.9 397.1 (113.8)
Total Liabilities & Equity 10,915.1 10,898.4 11,401.0 10,797.0 10,583.4 10,000.7 8,900.1 7,765.7 6,802.8 6,706.6 2,084.3 2,099.6 1,599.2 1,512.6 1,506.6 1,457.2 1,457.2 1,320.5 1,105.9 757.7 128.3
Debt Metrics
Total Debt 4,844.7 4,726.2 5,052.7 4,388.0 4,194.3 4,021.5 3,651.2 2,932.6 2,347.1 2,320.1 972.0 773.5 801.4 761.0 762.0 714.6 723.7 553.5 407.6 273.4 223.3
Net Debt 4,665.4 4,560.5 4,542.6 4,040.6 3,780.2 3,289.5 3,591.1 2,881.0 2,289.4 2,126.7 962.1 763.9 796.6 751.2 746.3 698.1 706.1 527.4 401.1 264.4 223.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Operating Activities
Net Income 276.1 233.0 238.3 259.5 658.9 207.3 215.2 277.9 180.6 303.8 33.8 29.9 49.6 40.3 38.4 46.8 39.9 38.8 21.6 (6.8)
Depreciation & Amortization 349.3 357.2 356.3 358.4 311.3 300.1 273.8 254.3 245.9 217.2 67.8 62.1 59.8 64.5 54.1 42.4 33.8 26.2 14.0 9.1
Stock-Based Compensation 19.1 17.7 36.9 28.3 33.8 30.2 27.0 (9.7) (8.5) (7.2) 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (0.8) (52.1) (0.5) 35.8 36.9 24.5 9.7 40.4 (11.8) 14.3 36.5 12.3 (22.4) (15.0) 4.9 (26.4) 6.8 (1.4) (10.9) 2.0
Other Non-Cash Items (77.4) (14.6) (28.3) (89.8) (524.5) (106.6) (139.2) (44.3) (46.8) (40.2) (22.2) 3.8 8.9 5.7 8.6 11.2 4.2 9.8 4.3 1.3
Operating Cash Flow 566.3 541.1 602.6 592.2 516.4 455.6 386.5 410.0 347.0 345.1 116.0 108.0 95.9 95.6 106.1 74.0 84.6 73.4 28.9 5.5
Investing Activities
Capital Expenditure (688.0) (501.0) (543.8) (586.6) (1,797.8) (616.1) (1,352.7) (1,224.3) (505.7) (890.3) (209.4) (229.8) (84.9) (115.6) (139.4) (182.3) (442.8) (681.4) (1,093.5) (4.8)
Acquisitions 0 0 0 33.4 1,049.9 73.9 124.4 364.3 182.5 325.0 0 0 0 (9.8) 0 0 0 0 0 0
Purchases of Investments 0 (501.0) (256.6) 0 0 0 0 (1,224.3) (505.7) (962.4) 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 447.9 275.9 0 0 0 0 0 379.4 182.5 325.0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 501.0 0 0 0 0 0 51.1 (35.9) (70.2) 133.8 100.6 34.1 61.6 65.9 64.6 250.0 337.7 541.6 2.4
Investing Cash Flow (240.0) (225.0) (800.4) (553.2) (747.9) (542.1) (1,228.3) (808.9) (359.1) (635.4) (75.7) (129.2) (50.8) (63.7) (73.4) (117.7) (192.8) (343.7) (552.0) (2.4)
Financing Activities
Net Debt Issuance (15.1) (334.2) 668.6 194.4 132.4 372.2 623.1 578.1 25.1 95.9 40.8 40.4 (1.0) 47.5 (9.1) 161.7 148.1 132 13.5 2
Stock Repurchased (6.6) (27.6) (11.6) (22.9) (21.9) (14.1) (14.6) (16.6) (213.0) (8.9) (1.8) (46.3) (1.7) (11.4) 0 (41.3) (5.4) 0 (0.0) 0
Dividends Paid (257.9) (256.3) (255.4) (247.6) (237.4) (224.6) (196.3) (179.4) (348.1) (150.7) (80.8) (67.4) (63.1) (61.6) (57.3) (54.1) (53.6) (48.8) (21.7) (5.2)
Other Financing Activities (33.2) (42.4) (41.0) (42.7) (37.7) (21.8) (18.9) (9.8) 38.7 459.9 (0.5) (14.2) (2.1) (11.2) 27.6 (31.1) (48.9) (4.2) (3.5) 0.0
Financing Cash Flow (312.7) (660.6) 360.6 (118.7) (164.6) 833.3 747.1 503.1 (171.2) 427.3 (41.3) 16.1 (51.0) (32.5) (33.8) 35.2 127.8 267.8 532.0 (3.2)
Cash Position
Net Change in Cash 13.6 (344.5) 162.8 (79.7) (396.0) 746.8 (94.7) 104.2 (183.3) 136.9 (1.0) (5.0) (5.9) (0.7) (1.1) (8.5) 19.7 (2.5) 8.9 0
Cash at Beginning 165.7 510.2 347.4 427.1 823.1 76.3 171.0 66.8 250.1 56.5 4.9 9.9 15.8 16.5 17.6 26.1 6.4 8.9 0 0
Cash at End 179.3 165.7 510.2 347.4 427.1 823.1 76.3 171.0 66.8 193.4 3.9 4.9 9.9 15.8 16.5 17.6 26.1 6.4 8.9 0
Free Cash Flow (121.7) 40.2 58.8 5.6 (1,281.4) (160.5) (966.2) (814.3) (158.7) (545.2) (93.4) (121.7) 11.0 (20.1) (33.3) (108.3) (358.2) (608.0) (1,064.6) 0.8
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Income Statement
Revenue 1,112.7 1,135.6 1,129.7 1,097.0 955.0 898.4 837.5 747.3 719.0 642.6 581.3 521.7 465.1 404.9 367.1 302.0 279.4 290.0 258.5 251.2 241.7 221.4 227.8 202.1 209.6 187.1 159.7 136.3 69.2 39.2
Gross Profit 745.5 762.8 778.6 775.9 685.5 637.7 583.6 536.5 516.2 470.0 422.6 372.9 324.8 287.9 294.3 216.4 229.7 219.0 195.6 189.4 184.3 169.6 178.1 155.7 164.3 187.1 159.7 136.3 69.2 39.2
Operating Income 315.5 334.5 329.9 324.7 282.7 239.1 222.3 186.1 206.5 195.7 169.5 57.3 17.8 88.7 98.0 84.7 30.8 (198.2) (175.9) (158.9) (192.3) (146.6) (127.9) (120.0) (111.2) (91.8) (77.3) (65.7) (32.6) (24.2)
Net Income 276.1 211.0 212.2 232.6 628.1 187.1 195.4 258.4 164.6 293.8 234.1 180.2 43.9 270.9 66.0 19.7 37.0 44.1 113.8 81.9 33.8 29.9 49.6 40.3 38.4 46.8 39.9 38.8 24.8 13.3
EPS (Diluted) 2.32 1.77 1.80 1.97 5.36 1.63 1.41 2.57 1.51 2.97 2.42 1.95 0.36 3.56 0.87 0.07 0.53 1.06 3.20 2.30 0.84 1.06 1.79 1.39 1.12 1.75 1.44 1.43 1.19 -0.52
Balance Sheet
Cash & Equivalents 179.3 165.7 510.2 347.4 414.1 732.0 60.0 51.6 57.6 193.4 9.9 9.6 4.9 9.9 15.8 16.5 17.6 26.1 6.4 8.9 0
Total Assets 10,915.1 10,898.4 11,401.0 10,797.0 10,583.4 10,000.7 8,900.1 7,765.7 6,802.8 6,706.6 2,084.3 2,099.6 1,599.2 1,512.6 1,506.6 1,457.2 1,457.2 1,320.5 1,105.9 757.7 128.3
Total Debt 4,844.7 4,726.2 5,052.7 4,388.0 4,194.3 4,021.5 3,651.2 2,932.6 2,347.1 2,320.1 972.0 773.5 801.4 761.0 762.0 714.6 723.7 553.5 407.6 273.4 223.3
Stockholders' Equity 5,420.8 5,382.0 5,428.2 5,437.0 5,440.1 5,029.9 4,293.5 3,929.9 3,700.8 3,543.0 854.9 656.1 552.7 489.9 440.0 440.6 441.4 472.9 475.9 397.1 (113.8)
Cash Flow
Operating Cash Flow 566.3 541.1 602.6 592.2 516.4 455.6 386.5 410.0 347.0 345.1 116.0 108.0 95.9 95.6 106.1 74.0 84.6 73.4 28.9 5.5
Capital Expenditure (688.0) (501.0) (543.8) (586.6) (1,797.8) (616.1) (1,352.7) (1,224.3) (505.7) (890.3) (209.4) (229.8) (84.9) (115.6) (139.4) (182.3) (442.8) (681.4) (1,093.5) (4.8)
Free Cash Flow (121.7) 40.2 58.8 5.6 (1,281.4) (160.5) (966.2) (814.3) (158.7) (545.2) (93.4) (121.7) 11.0 (20.1) (33.3) (108.3) (358.2) (608.0) (1,064.6) 0.8