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Kilroy Realty Corp

Real Estate US KRC

42.0USD
0.12(0.29%)

Last update at 2024-12-26T18:51:00Z

Day Range

41.4242.33
LowHigh

52 Week Range

25.0843.37
LowHigh

Fundamentals

  • Previous Close 41.88
  • Market Cap4831.50M
  • Volume350002
  • P/E Ratio22.18
  • Dividend Yield5.29%
  • EBITDA658.62M
  • Revenue TTM1145.02M
  • Revenue Per Share TTM9.78
  • Gross Profit TTM 775.93M
  • Diluted EPS TTM1.84

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 259.49M 658.91M 207.29M 215.23M 277.93M
Minority interest -26.87800M -30.76600M 20.19M 3.77M 271.35M
Net income 175.22M 628.14M 116.33M 146.91M 258.42M
Selling general administrative 93.64M 92.75M 99.26M 88.14M 90.47M
Selling and marketing expenses - - - - -
Gross profit 775.93M 685.46M 637.68M 583.59M 536.51M
Reconciled depreciation 357.61M 310.04M 300.13M 273.81M 254.28M
Ebit 326.44M 286.58M 242.53M 226.96M 186.08M
Ebitda 684.05M 596.63M 541.84M 500.09M 440.36M
Depreciation and amortization 357.61M 310.04M 299.31M 273.13M 254.28M
Non operating income net other 19.09M 454.80M 38.96M 41.44M 141.57M
Operating income 326.44M 286.58M 242.53M 226.96M 186.08M
Other operating expenses 772.31M 672.37M 659.29M 615.13M 561.22M
Interest expense 84.28M 78.56M 70.77M 48.54M 50.28M
Tax provision - - - - -
Interest income 1.76M 3.92M 3.42M 4.64M 0.56M
Net interest income -82.51300M -74.63900M -67.34800M -43.89600M -50.28000M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 5.68M
Other items - - - - -
Income tax expense 84.28M 109.32M 90.96M 68.32M 19.51M
Total revenue 1096.99M 955.04M 898.40M 837.45M 747.30M
Total operating expenses 451.25M 402.79M 398.57M 361.27M 350.44M
Cost of revenue 321.06M 269.58M 260.72M 253.86M 210.78M
Total other income expense net -66.94900M 372.33M -35.23600M -11.73500M 142.13M
Discontinued operations - - - - -
Net income from continuing ops 259.49M 658.91M 207.29M 215.23M 277.93M
Net income applicable to common shares 232.62M 628.14M 187.10M 195.44M 256.41M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 10796.99M 10583.40M 10000.71M 8900.09M 7765.71M
Intangible assets 70.42M 56.54M 14.67M 96.35M 31.47M
Earning assets - - - - -
Other current assets 9.53M 2.67M 101.33M 35.02M 133.36M
Total liab 5122.03M 4893.53M 4723.39M 4329.24M 3564.45M
Total stockholder equity 5437.05M 5440.06M 5029.94M 4293.51M 3929.91M
Deferred long term liab 180.42M 234.46M 210.95M 185.88M 166.10M
Other current liab -60.70900M 61.85M 59.43M 53.22M 47.56M
Common stock 1.17M 1.17M 1.16M 1.06M 1.01M
Capital stock 1.17M 1.17M 1.16M 1.06M 1.01M
Retained earnings 265.12M 283.66M -103.13300M -58.46700M -48.05300M
Other liab 258.35M 246.11M 197.40M 189.06M 464.11M
Good will - - - - -
Other assets 10547.08M 10490.75M 8860.45M 2482.01M 2224.61M
Cash 347.38M 414.08M 731.99M 60.04M 51.60M
Cash and equivalents 347.38M 414.08M 731.99M 60.04M 51.60M
Total current liabilities 734.04M 699.23M 701.93M 678.06M 631.85M
Current deferred revenue 277.39M 246.11M 197.40M 205.99M 209.87M
Net debt 4040.61M 3780.22M 3289.47M 3591.13M 2881.00M
Short term debt 124.99M 125.55M 1427.78M 245.00M 45.00M
Short long term debt - - - - -
Short long term debt total 4387.99M 4194.30M 4021.46M 3651.18M 2932.60M
Other stockholder equity 5170.76M 5155.23M 5131.92M 4350.92M 3976.95M
Property plant equipment 9513.47M 7399.21M 8391.40M 8067.41M 5013.59M
Total current assets 843.71M 874.61M 1259.47M 467.87M 480.00M
Long term investments 23.55M 27.48M 27.48M 27.10M 21.78M
Net tangible assets 5437.05M 5440.06M 5029.94M 4293.51M 3898.43M
Short term investments 23.55M 27.48M 27.48M 27.10M 21.78M
Net receivables 472.78M 420.05M 398.67M 364.43M 287.18M
Long term debt 4263.00M 4068.75M 3923.68M 3307.78M 2932.60M
Inventory -9.52700M 10.34M - 0.00000M -13.92700M
Accounts payable 392.36M 391.26M 445.10M 418.85M 374.42M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 237.91M 249.81M 247.38M 277.35M 271.35M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity 1.17M 1.17M 1.16M 1.06M 1.01M
Preferred stock total equity - - - - -
Retained earnings total equity 265.12M 283.66M -103.13300M -58.46700M -48.05300M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 9756.32M 9524.95M 8587.68M 55.66M 52.87M
Deferred long term asset charges - - - - -
Non current assets total 9953.28M 9708.79M 8741.24M 8432.23M 7285.71M
Capital lease obligations 124.99M 125.55M 97.78M 98.40M -
Long term debt total 4263.00M 4068.75M 3923.68M 3307.78M 2887.60M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -553.19300M 1.00M -1.00000M -1228.27900M 51.10M
Change to liabilities 48.44M 43.00M 28.16M 24.18M 48.34M
Total cashflows from investing activities -553.19300M -747.87700M -542.12800M -1228.27900M -808.91500M
Net borrowings 188.01M 120.33M 365.57M 616.40M 571.87M
Total cash from financing activities -118.74600M -164.57300M 833.32M 747.07M 503.11M
Change to operating activities 35.84M 36.92M 24.48M 9.70M 40.41M
Net income 259.49M 658.91M 207.29M 215.23M 277.93M
Change in cash -79.70400M -396.04700M 746.79M -94.69000M 104.24M
Begin period cash flow 427.08M 823.13M 76.34M 171.03M 66.80M
End period cash flow 347.38M 427.08M 823.13M 76.34M 171.03M
Total cash from operating activities 592.24M 516.40M 455.59M 386.52M 410.04M
Issuance of capital stock 0.00000M 0.00000M 721.66M 353.72M 130.69M
Depreciation 358.38M 311.28M 300.13M 273.81M 254.28M
Other cashflows from investing activities 33.42M 1048.93M 74.94M 124.42M 364.30M
Dividends paid -247.55600M -237.35500M -224.57800M -196.25200M 179.41M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -22.93400M -21.88800M -14.08200M -14.55600M -16.55300M
Other cashflows from financing activities 157.30M -38.07400M 940.46M 1590.46M 1523.79M
Change to netincome -35.21300M -470.82700M -73.11700M -81.81800M -135.48700M
Capital expenditures 586.61M 1797.80M 616.07M 1352.70M 1224.32M
Change receivables - - - - -
Cash flows other operating -5.01100M 2.84M 25.09M -17.22600M -7.93000M
Exchange rate changes - - - - -
Cash and cash equivalents changes -79.70400M -396.04700M 746.79M -94.69000M 104.24M
Change in working capital 35.84M 36.92M 24.48M 9.70M 40.41M
Stock based compensation 28.35M 33.80M 30.25M 27.01M -9.74800M
Other non cash items -89.82300M -75.06500M -90.01800M -98.99200M -44.32100M
Free cash flow 5.63M -1281.40100M -160.47500M -966.17900M -814.27200M

Peer Comparison

Sector: Real Estate Industry: REIT - Office

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
KRC
Kilroy Realty Corp
0.12 0.29% 42.00 22.18 31.45 4.23 0.88 7.82 12.59
ARE
Alexandria Real Estate Equities Inc
-0.06 0.06% 99.82 93.58 16.69 7.85 1.18 11.89 21.29
BXP
Boston Properties Inc
0.41 0.53% 76.53 36.09 44.44 4.38 2.21 8.37 14.29
GECFF
Gecina SA
- -% 90.44 - 18.42 11.51 0.70 19.50 -18.1681
VNO
Vornado Realty Trust
-0.02 0.05% 42.40 - 1250.00 4.65 1.23 8.18 33.48

Reports Covered

Stock Research & News

Profile

Kilroy Realty Corporation (NYSE: KRC, the company, Kilroy) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, the Pacific Northwest and Austin, Texas. The company has earned global recognition for sustainability, building operations, innovation and design. As pioneers and innovators 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, entertainment, life science and business 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 developing, acquiring and managing office, life science and mixed-use projects. As of September 30, 2023, Kilroy's stabilized portfolio totaled approximately 16.3 million square feet of primarily office and life science space that was 86.2% occupied and 87.5% leased. The company also had more than 1,000 residential units in Hollywood and San Diego, which had a quarterly average occupancy of 92.7%. In addition, the company had two in-process life science redevelopment projects with total estimated redevelopment costs of $80.0 million, totaling approximately 100,000 square feet, and two in-process development projects with an estimated total investment of $1.6 billion, totaling approximately 1.6 million square feet of office and life science space. The in-process development and redevelopment office and life science space is 32% leased.

Kilroy Realty Corp

12200 West Olympic Boulevard, Los Angeles, CA, United States, 90064

Key Executives

Name Title Year Born
Mr. John B. Kilroy Jr. Chairman & CEO 1949
Mr. Tyler H. Rose Pres & Company Sec. 1961
Mr. A. Robert Paratte Exec. VP of Leasing & Bus. Devel. 1956
Mr. Justin William Smart Pres of Devel. & Construction Services 1960
Mr. Eliott Trencher Exec. VP, Chief Investment Officer, Interim CFO & Treasurer 1984
Ms. Merryl Elizabeth Werber Sr. VP, Controller & Chief Accounting Officer 1971
Ms. Heidi Rena Roth Exec. VP, Chief Admin. Officer & Assistant Sec. 1972
Mr. William E. Hutcheson Sr. VP of Investor Relations & Capital Markets NA
Mr. Mike Grisso Sr. VP of Devel. & Land Planning NA
Mr. Nelson Ackerly Sr. VP of San Diego Region NA

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