Kilroy Realty (KRC) financial statements
Kilroy Realty reported revenue of $19M in fiscal 2025, down 32.3% a year over 9 years.
Net income was $276M.
Free cash flow was $450M, and the company returned $258M in dividends.
The diluted share count rose 28% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Kilroy Realty's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $643M | $719M | $10M | $11M | $6M | $6M | $11M | $12M | $18M | $19M |
| Selling, general and admin | $57M | $61M | $90M | $88M | $99M | $93M | $94M | $94M | $71M | $73M |
| Interest expense | $56M | $66M | $50M | $49M | $71M | $79M | $84M | $114M | $145M | $126M |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — |
| Net income | $294M | $165M | $258M | $195M | $187M | $628M | $233M | $212M | $211M | $276M |
| EPS (diluted) | $2.97 | $1.51 | $2.55 | $1.86 | $1.63 | $5.36 | $1.97 | $1.80 | $1.77 | $2.32 |
| Diluted shares | 93M | 99M | 100M | 104M | 114M | 117M | 117M | 118M | 118M | 119M |
| Net margin | 45.7% | 22.9% | 2668.2% | 1779.7% | 3071.8% | 10389.4% | 2120.7% | 1775.0% | 1204.6% | 1447.2% |
Balance sheet
Fiscal years, from Kilroy Realty's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $193M | $58M | $52M | $60M | $732M | $414M | $347M | $510M | $166M | $179M |
| Receivables | $13M | $17M | $20M | $26M | $12M | $14M | $21M | $14M | $11M | $13M |
| Total assets | $6.7B | $6.8B | $7.8B | $8.9B | $10.0B | $10.6B | $10.8B | $11.4B | $10.9B | $10.9B |
| Total liabilities | $2.9B | $2.8B | $3.6B | $4.3B | $4.7B | $4.9B | $5.1B | $5.7B | $5.3B | $5.3B |
| Shareholders' equity | $3.5B | $3.7B | $3.9B | $4.3B | $5.0B | $5.4B | $5.4B | $5.4B | $5.4B | $5.4B |
| Net debt | -$193M | -$58M | -$52M | -$60M | -$732M | -$414M | -$347M | -$510M | -$166M | -$179M |
Cash flow
Fiscal years, from Kilroy Realty's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $345M | $347M | $410M | $387M | $456M | $516M | $592M | $603M | $541M | $566M |
| Capital spending | $112M | $88M | $166M | $148M | $130M | $121M | $93M | $97M | $100M | $116M |
| Free cash flow | $233M | $259M | $244M | $239M | $326M | $396M | $499M | $505M | $441M | $450M |
| Stock-based compensation | $21M | $19M | $28M | $27M | $30M | $34M | $28M | $37M | $18M | $19M |
| Dividends paid | $137M | $341M | $179M | $196M | $225M | $237M | $248M | $255M | $256M | $258M |
| Free cash flow margin | 36.3% | 36.0% | 2515.3% | 2174.8% | 5353.6% | 6546.3% | 4553.1% | 4225.1% | 2517.1% | 2360.0% |
| Dividends per share | $1.48 | $3.45 | $1.79 | $1.89 | $1.97 | $2.03 | $2.11 | $2.17 | $2.17 | $2.17 |
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Open KRC in InvestinglyQuestions
What was Kilroy Realty's revenue in 2025?
$19M in fiscal 2025, from its 10-K filing.
How much free cash flow does Kilroy Realty generate?
$450M in fiscal 2025 (operating cash flow minus capital spending).
From Kilroy Realty's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.