Kilroy Realty Corp, Inc. | REIT Profile

Symbol: KRC
CIK: 1025996
Exchange: NYSE
Founded: 1996 (26 years)
HQ: Los Angeles, CA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Office, Residential

See KRC on Google Finance
See KRC on Yahoo Finance
See KRC on SEC.gov

Website Logo  Facebook Logo  Twitter Logo  Linkedin Logo  Instagram Logo  RSS Logo 

Overall Score: 8.3

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


Kilroy Realty Corp, Inc. Company Logo

Stock Chart

See in Advanced Graph View

Hightlights of Trading Day January 20, 2022


Open Price: $67.69
Closing Price: $65.41
Price Change: -1.5 (-2.242%)
Lowest Price: $65.23
Highest Price: $67.75

52-Week Low: $54.08
52-Week High: $72.40
52-Week Change: 14.22%

5 Day Price Change: -3.88%
1 Month Price Change: 1.99%
3 Month Price Change: -1.62%
6 Month Price Change: -0.45%
YTD Price Change: 0.68%
1 Year Price Change: 13.13%
2 Year Price Change: -13.29%
5 Year Price Change: 4.50%

Dividend of Trading Day January 20, 2022


Dividend Yield: 3.18%*
Annualized Dividend: $2.08*
Dividend Yield (TTM): 3.015%
Annualized Dividend (TTM): $2.0172
Ex-Dividend Date: 2021-12-30
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


See more news headlines for Kilroy Realty Corp, Inc.

Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day January 20, 2022


Total Cash: $375,702,000
Current Debt: $571,643,000
Revenue: $923,287,000
Gross Profit: $923,287,000
Total Revenue: $923,287,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $564,867,000
Revenue Per Share: $8
Revenue Per Employee: N/A
Employee: 252
Debt to Equity Ratio (D/E): 1.92
Profit Margin: 0.71%
Enterprise Value (EV): $11,767,036,586
Enterprise Value to Revenue (EV/R): 12.74
Price to Sales (P/S): 8.90
Price to Book (P/B): 1.51
Price/Earnings-to-Growth (PEG) Ratio: 0.05
P/E Ratio: 11.64
P/E High: 18.49
P/E Low: 12.99
Forward P/E Ratio: 44.63
Market Capitalization: $7,617,758,685
Beta: 0.75
Latest Volume: 955,247
Avg. Total Volume: 570,731
Avg. 10-Day Volume: 518,730
Avg. 30-Day Volume: 570,731
TTM EPS: 5.62
Shares Outstanding: 116,461,683
Float: N/A
50-Day Moving Avg.: $67.54
200-Day Moving Avg.: $67.26

Latest REIT Community Comments on #KRC


See more community comments related to KRC

Occupancy Rate



Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $80.99 per share you would have been able to buy 12 shares of KRC on 2021-01-21 costing $971.88 @ $80.99 per share you would have been able to buy 6 shares of KRC on 2021-01-21 costing $485.94 @ $80.99 per share you would have been able to buy 3 shares of KRC on 2021-01-21 costing $242.97 @ $80.99 per share you would have been able to buy 1 shares of KRC on 2021-01-21 costing $80.99 @ $80.99 per share you would have been able to buy 0 shares of KRC on 2021-01-21 costing $0.00
Current worth On 2022-01-20 these 12 shares would be worth $784.92 @ $65.41 On 2022-01-20 these 6 shares would be worth $392.46 @ $65.41 On 2022-01-20 these 3 shares would be worth $196.23 @ $65.41 On 2022-01-20 these 1 shares would be worth $65.41 @ $65.41 On 2022-01-20 these 0 shares would be worth $0.00 @ $65.41
Dividends earned $24.48 in dividends would have been earned since 2021-01-21 with 12 shares. $12 in dividends would have been earned since 2021-01-21 with 6 shares. $6.12 in dividends would have been earned since 2021-01-21 with 3 shares. $2.04 in dividends would have been earned since 2021-01-21 with 1 shares. $0.00 in dividends would have been earned since 2021-01-21 with 6 shares.
Net (gain / loss)* -162.48 USD -81.24 USD -40.62 USD -13.54 USD 0.00 USD
ROI** -16.72% -16.72% -16.72% -16.72% nan%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by KRC. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
KRC 2021-12-30 0.520 --- 2021-12-16 2021-12-31 2022-01-12
KRC 2021-09-29 0.520 4.00% 2021-09-13 2021-09-30 2021-10-13
KRC 2021-06-29 0.500 --- 2021-05-20 2021-06-30 2021-07-14
KRC 2021-03-30 0.500 --- 2021-02-08 2021-03-31 2021-04-14
KRC 2020-12-30 0.500 --- 2020-12-10 2020-12-31 2021-01-15
KRC 2020-09-29 0.500 3.09% 2020-08-26 2020-09-30 2020-10-14
KRC 2020-06-29 0.485 --- 2020-05-19 2020-06-30 2020-07-15
KRC 2020-03-30 0.485 --- 2020-02-12 2020-03-31 2020-04-15
KRC 2019-12-30 0.485 --- 2019-12-10 2019-12-31 2020-01-15
KRC 2019-09-27 0.485 --- 2019-09-11 2019-09-30 2019-10-16
KRC 2019-06-27 0.485 6.59% 2019-05-16 2019-06-28 2019-07-17
KRC 2019-03-28 0.455 --- 2019-02-12 2019-03-29 2019-04-17
KRC 2018-12-28 0.455 --- 2018-12-12 2018-12-31 2019-01-15
KRC 2018-09-27 0.455 --- 2018-09-06 2018-09-28 2018-10-17
KRC 2018-06-28 0.455 7.06% 2018-05-23 2018-06-29 2018-07-18
KRC 2018-03-28 0.425 --- 2018-02-14 2018-03-29 2018-04-18
KRC 2017-12-28 0.425 --- 2017-12-12 2017-12-29 2018-01-12
KRC 2017-09-28 0.425 --- 2017-09-13 2017-09-29 2017-10-18
KRC 2017-06-28 0.425 13.33% 2017-05-23 2017-06-30 2017-07-12
KRC 2017-03-29 0.375 -80.26% 2017-02-28 2017-03-31 2017-04-12

Financial Statements Overview


The next Earnings Report for KRC is 2022-01-31

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Current Cash 375,702,000 545,192,000 681,908,000 759,472,000
Receivables 405,943,000 394,248,000 383,325,000 398,665,000
Inventory 0 0 0 0
Current Assets 841,708,000 966,255,000 1,074,986,000 1,168,330,000
Current Assets (Other) 60,063,000 26,815,000 9,753,000 10,193,000
Short Term Investments 60,063,000 26,815,000 9,753,000 10,193,000
Long-term Investments 9,629,809,000 9,468,511,000 9,309,367,000 8,832,378,000
Property, Plant & Equipment Net 9,259,776,000 8,692,015,000 7,994,575,000 8,391,400,000
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 229,334,000 184,510,000 190,721,000 254,316,000
Net Tangible Assets 5,444,464,000 5,446,943,000 5,458,245,000 5,029,943,000
Total Assets 10,471,517,000 10,434,766,000 10,384,353,000 10,000,708,000
Accounts Payable 0 0 0 0
Liabilities (Other) 160,687,000 122,902,000 123,794,000 0
Current Liabilities (Other) 571,643,000 551,362,000 536,658,000 799,706,000
Total Current Liabilities 571,643,000 551,362,000 536,658,000 799,706,000
Current Long-term Debt 0 0 0 0
Long-term Debt 3,922,873,000 3,923,152,000 3,923,392,000 3,923,681,000
Total Liabilities 5,027,053,000 4,987,823,000 4,926,108,000 4,970,765,000
Minority Interest 246,174,000 246,522,000 244,647,000 247,378,000
Common Stock 116,456,796 116,451,931 116,344,375 115,778,909
Retained Earnings 297,250,000 311,458,000 334,496,000 -103,133,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 5,444,464,000 5,446,943,000 5,458,245,000 5,029,943,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Total Revenue 232,326,000 225,983,000 235,646,000 229,332,000
Cost of Revenue 0 0 0 0
Gross Profit 232,326,000 225,983,000 235,646,000 229,332,000
Research and Development 0 0 0 0
Selling General and Admin 22,990,000 24,507,000 21,985,000 23,085,000
Operating Expense 163,704,000 163,593,000 164,562,000 162,285,000
Operating Income 68,622,000 62,390,000 71,084,000 67,047,000
Income Expense Net (Other) 0 0 0 0
EBIT 68,622,000 62,390,000 71,084,000 67,047,000
Interest Income 16,105,000 21,390,000 22,334,000 20,976,000
Pretax Income 53,493,000 42,880,000 507,411,000 83,452,000
Income Tax 0 0 0 0
Minority Interest 6,465,000 6,687,000 9,780,000 4,810,000
Net Income 46,640,000 35,822,000 497,266,000 76,413,000
Net Income Basic 46,640,000 35,822,000 497,266,000 76,413,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Net Income 46,640,000 35,822,000 497,266,000 76,413,000
Depreciation 74,099,000 73,378,000 76,143,000 299,308,000
Changes in Receivables 405,943,000 394,248,000 383,325,000 398,665,000
Changes in Inventories 0 0 0 0
Cash Change 375,702,000 545,192,000 681,908,000 759,472,000
Cash Flow 191,094,000 72,314,000 144,152,000 91,610,000
Capital Expenditures -199,989,000 -126,563,000 -200,567,000 -616,065,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -541,814,000 716,948,000 -812,250,000 -66,427,000
Dividends Paid 0 0 0 0
Net Borrowings 3,487,108,000 3,351,145,000 3,231,731,000 3,154,016,000
Cash Flow Financing -66,981,000 -258,088,000 92,954,000 -67,362,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About Kilroy Realty Corp, Inc.


Kilroy Realty Corporation (KRC), a publicly traded real estate investment trust and member of the S&P MidCap 400 Index, is one of the West Coast’s premier landlords. The company has over 70 years of experience developing, acquiring and managing office and mixed-use real estate assets. The company provides physical work environments that foster creativity and productivity and serves a broad roster of dynamic, innovation-driven tenants, including technology, entertainment, digital media and health care companies. At June 30, 2017, the company’s stabilized portfolio totaled approximately 14.4 million square feet of office space and 200 residential units located in the coastal regions of Los Angeles, Orange County, San Diego, the San Francisco Bay Area and Greater Seattle. In addition, KRC had four projects totaling approximately 1.8 million square feet of office space, 237 residential units and 96,000 square feet of retail space under construction.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
8 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.5
9 Dividend to FFO Payout Ratio Health: Analysis of the REIT’s Dividend to FFO Payout Ratios during the last four quarters. 8.8
8 Dividend to FFO Payout Ratio Trend: Analysis of the REIT’s Dividend to FFO Payout Ratios trend during the last two years. 7.7
Rating AFFO & Efficiency Section Avg. Rating
8 FFO Trend: Analysis of the REIT’s FFO trend during the last two years. 7.7
7 FFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
10 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.3
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.0
Rating Leverage Section Avg. Rating
10 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 7.2
10 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.7
10 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
6 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
7 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.1
8 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
7 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.2
9 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
8 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.1
6 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 6.4
7 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
8 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
4 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.5
8.3 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

Related REITs


REIT REITRating™ Score Exchange Market Capitalization Sector Country
Equity Residential (EQR) 8.0 NYSE Large-Cap Residential United States
Douglas Emmett, Inc. (DEI) 7.3 NYSE Mid-Cap Office Residential United States
Pennymac Mortgage Investment Trust (PMT) 5.2 NYSE Small-Cap Mortgage United States
Equity Commonwealth (EQC) 5.1 NYSE Mid-Cap Office United States

Last updated: 2022-01-21 - v2.9