Kilroy Realty Corp (KRC)
Kilroy Realty Corporation is a leading U.S. landlord and developer, with operations in the San Francisco Bay Area, Los Angeles, Seattle, San Diego, and Austin. The Company has earned global recognition for sustainability, building operations, innovation, and design. As a pioneer and innovator in the creation of a more sustainable real estate industry, the Company's approach to modern business environments helps drive creativity and productivity for some of the world's leading technology, media, life science, and professional services companies. The Company is a publicly traded real estate investment trust (REIT) and member of the S&P MidCap 400 Index with more than seven decades of experience managing, developing, and acquiring office, life science, and mixed-use projects. As of June 30, 2026, Kilroy's stabilized portfolio totaled approximately 17.1 million square feet of primarily office and life science space that was 77.0% occupied and 81.5% leased. The Company also has 608 residential units in San Diego, with a quarterly average occupancy of 95.6%. Kilroy Realty Corporation was incorporated in 1947 in Maryland. Kilroy Realty Corporation is based in Los Angeles, California.
- Symbol
- KRC
- Exchange
- NYSE
- Sector
- Real Estate
- Industry
- REIT - Office
- Market cap
- $4.04B
- 52 week range
- 27.36 - 45.03
Valuation
- Share price
- $34.04 (close of 2026-09-23)
- P/E (TTM)
- 18.88x
- Price to book
- 0.74x
- Price to free cash flow
- 6.96x
- Enterprise value
- $8.56B
- Book value per share
- $47.20
Price performance
| Period | Change |
|---|
| 1 day | -1.59% |
| 5 days | -1.33% |
| 1 month | -6.94% |
| 3 months | -8.49% |
| 6 months | +18.56% |
| Year to date | -8.91% |
| 1 year | -23.21% |
| 3 years | +4.64% |
| 5 years | -50.49% |
| 10 years | -51.30% |
| All time | +34.81% |
Profitability and growth
- Return on equity
- 5.37%
- Return on assets
- 2.77%
- Net margin
- 1586.16%
- EBITDA margin
- 3445.99%
- Revenue growth
- 8.94%
- Net income growth
- 29.91%
- Free cash flow growth
- 4.65%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 14.36%
- Net debt to EBITDA
- 6.10x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $19.08M
- EBITDA
- $657.49M
- Net income
- $302.64M
- Earnings per share
- $2.33
- Shares outstanding
- 118.28M
Income statement by year
| Period end | Revenue | Net income | EPS |
|---|
| 2025-12-31 | $19.08M | $302.64M | $2.33 |
| 2024-12-31 | $17.51M | $232.95M | $1.78 |
| 2023-12-31 | $11.96M | $238.29M | $1.80 |
| 2022-12-31 | $10.97M | $259.49M | $1.98 |
| 2021-12-31 | $6.05M | $658.91M | $5.38 |
| 2020-12-31 | $6.09M | $207.29M | $1.63 |
| 2019-12-31 | $10.98M | $195.44M | $1.87 |
| 2018-12-31 | $747.30M | $258.42M | $2.56 |
| 2017-12-31 | $719.00M | $164.61M | $1.52 |
| 2016-12-31 | $642.57M | $293.79M | $3.00 |
Margins and returns by year
| Period end | Net margin | Return on equity |
|---|
| 2025-12-31 | 1586.16% | 5.37% |
| 2024-12-31 | 1330.10% | 4.15% |
| 2023-12-31 | 1992.87% | 4.21% |
| 2022-12-31 | 2365.69% | 4.57% |
| 2021-12-31 | 10898.28% | 11.58% |
| 2020-12-31 | 3403.27% | 3.93% |
| 2019-12-31 | 1779.67% | 4.28% |
| 2018-12-31 | 34.58% | 6.15% |
| 2017-12-31 | 22.89% | 4.16% |
| 2016-12-31 | 45.72% | 7.81% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $179.32M | - |
| 2024-12-31 | $165.69M | - |
| 2023-12-31 | $510.16M | - |
| 2022-12-31 | $347.38M | - |
| 2021-12-31 | $414.08M | - |
| 2020-12-31 | $731.99M | - |
| 2019-12-31 | $60.04M | $245.00M |
| 2018-12-31 | $51.60M | $45.00M |
| 2017-12-31 | $57.65M | - |
| 2016-12-31 | $193.42M | - |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $566.31M | $19.09M |
| 2024-12-31 | $541.15M | $17.71M |
| 2023-12-31 | $602.59M | $36.86M |
| 2022-12-31 | $592.24M | $28.35M |
| 2021-12-31 | $516.40M | $33.80M |
| 2020-12-31 | $455.59M | $30.25M |
| 2019-12-31 | $386.52M | $27.01M |
| 2018-12-31 | $410.04M | $27.93M |
| 2017-12-31 | $347.01M | $19.05M |
| 2016-12-31 | $345.05M | $21.06M |
Dividend history
- Most recent payment
- 2026-06-30
- Paid in the last twelve months
- $2.16
| Payment date | Dividend per share |
|---|
| 2026-06-30 | $0.54 |
| 2026-03-31 | $0.54 |
| 2025-12-31 | $0.54 |
| 2025-09-30 | $0.54 |
| 2025-06-30 | $0.54 |
| 2025-03-31 | $0.54 |
| 2024-12-31 | $0.54 |
| 2024-09-30 | $0.54 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-26
- Consensus EPS estimate
- $0.89
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-27 | Jun/2026 | $0.90 |
| 2026-04-27 | - | - |
| 2026-02-09 | - | - |
| 2025-10-27 | - | - |
| 2025-07-28 | - | - |
| 2025-05-05 | - | - |
| 2025-02-10 | - | - |
| 2024-10-28 | - | - |
Filings and sources
- Company website
- kilroyrealty.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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