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.

Ticker
KRC
Exchange
NYSE
Sector
Real Estate
Industry
REIT - Office
Market cap
$4.21B
52-week range
$27.36 - $43.58

Valuation

Share price
$35.82 (close of Nov 6, 2026)
P/E (TTM)
149.25x
Price to book
0.78x
Price to free cash flow
8.51x
Enterprise value
$8.62B
Book value per share
$46.01

Price performance

PeriodChange
1 day-1.21%
5 days-0.69%
1 month+5.66%
3 months-3.92%
6 months+2.08%
Year to date-4.15%
1 year-16.09%
3 years+14.66%
5 years-49.48%
10 years-48.00%
All time+41.86%

Short interest

As of
Oct 15, 2026
Short % of float
15.19%
Shares short
13.09M
Days to cover
8.98
Change since prior report
-5.80%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
5.37%
Return on assets
2.77%
Net margin
27.20%
Revenue growth
-2.02%
Net income growth
29.91%
Free cash flow growth
4.65%

Cash flow and balance sheet

Free cash flow yield (TTM)
11.75%
Net debt to EBITDA
7.69x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$1.11B
Net income
$302.64M
Earnings per share
$2.33
Interest expense
$126.29M
Shares outstanding
118.28M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$1.11B$302.64M$2.33
2024-12-31$1.14B$232.95M$1.78
2023-12-31$1.13B$238.29M$1.80
2022-12-31$1.10B$259.49M$1.98
2021-12-31$955.04M$658.91M$5.38
2020-12-31$898.40M$207.29M$1.63
2019-12-31$837.45M$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 endNet marginReturn on equity
2025-12-3127.20%5.37%
2024-12-3120.51%4.15%
2023-12-3121.09%4.21%
2022-12-3123.66%4.57%
2021-12-3168.99%11.58%
2020-12-3123.07%3.93%
2019-12-3123.34%4.28%
2018-12-3134.58%6.15%
2017-12-3122.89%4.16%
2016-12-3145.72%7.81%

Cash and debt by year

Period endCashDebt
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 endFree cash flowStock-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
Sep 30, 2026
Paid in the last twelve months
$2.16
Payment dateDividend per share
2026-09-30$0.54
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

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-22Sep 2026$0.89
2026-07-27Jun 2026$0.90
2026-04-27Mar 2026$0.87
2026-02-09Dec 2025$0.98
2025-10-27Sep 2025$1.00
2025-07-28Jun 2025$1.01
2025-05-05Mar 2025$1.03
2025-02-10Dec 2024$1.03

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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