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MARKETS / NYSE / KRC
NYSE · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP

Kilroy Realty Corp. KRC

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$19.1M
▲ 8.9% YoY
$302.6M
▲ 29.9% YoY
$391.6M
▲ 123.0% YoY
In brief

What this company does

We own our interests in all of our real estate assets through the Operating Partnership and conduct substantially all of our operations through the Operating Partnership, of which we owned an approximate 99.1% common general partnership interest as of December 31, 2025. As of December 31, 2025, we had 241 employees, of which 52% were female and 43% were ethnically diverse. We believe our people are our greatest resource and managing and developing talent is our most important responsibility. The Company qualifies as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”).

Written from the business description in Kilroy Realty Corporation's annual report to the U.S. Securities and Exchange Commission, filed 11 February 2026. Every sentence was checked against that document before publication.

Growth
USD 19.1M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 19.1 · Net income 302.6
250.0M500.0M200820102012201420172019202120232025
Compound annual growth
+20.3%
+25.7%
−28.9%
−15.9%
+5.3%
+7.9%
+5.6%
+7.3%
−0.4%
+26.3%
+0.6%
+1.9%
+4.4%
+2.9%
+1.4%
+2.8%
+7.4%
+9.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +25.7% a year over five years — but profit grew slower: net income at +7.9%, earnings per share at +7.3%.

The share count rose from 0.12B to 0.12B over the period.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
1586 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating — · Net 1586.2%
5000%10000%200820102012201420172019202120232025
ROE
FY2025 · ROE 5.6%
5%10%15%200820102012201420172019202120232025

Each USD of equity produced 6 cents of profit this year.

Cash & shareholders
USD 257.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 391.6
200M-200M-400M200820102012201420172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 257.9 · Net buybacks —
200M200820102012201420172019202120232025

USD 257.9M in dividends — 85% of the year's profit went back to shareholders.

Total assetsUSD 10.9B
EquityUSD 5.4B
CashUSD 179.3M
Gross debtUSD 592.7M
Net debtUSD 413.4M

Net debt stands at 8% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720152014201320122011201020092008
Revenue $B0.00.00.00.00.00.00.00.00.70.60.50.50.40.30.30.30.3
Operating income $B·············0.30.20.2·
EBITDA $B·············0.40.30.3·
Income tax $B·0.00.00.00.00.00.00.00.0········
Net income $B0.30.20.20.30.70.20.20.30.20.20.20.00.30.10.00.00.0
Free cash flow $B0.40.20.20.1−0.0−0.0−0.5−0.1−0.1−0.1−0.2−0.10.10.1−0.50.10.1
EPS, diluted $2.321.771.801.975.361.631.862.551.512.421.950.373.560.870.070.530.91
Dividend / sh $2.162.16··············2.32
Payout %85110107953610810069207546625436121351194178
ROE %5.64.34.44.812.64.44.86.6·8.07.01.915.65.52.04.3·
Shares out B0.120.120.120.120.120.120.110.100.100.090.090.090.070.060.050.04·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 1 failures · 3 divergences in 49 reconciliationsAUDITED

Reconciled in 13 of 19 fiscal years. 3 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 11 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures3 divergent
ActivityReal Estate Investment Trusts
Listed onNYSE
Incorporated inMaryland
Fiscal year endsDecember 31
Data on record since2008

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