Kilroy Realty Corp
Kilroy Realty Corp (KRC) is listed on NYSE and classified in REIT - Office, part of the Real Estate sector. It is headquartered in Los Angeles, United States and has 241 employees. The company is worth $4.22B and trades at 24.1x its earnings of the last twelve months; the median for its sector is 22.1x. Revenue was $1.11B in fiscal 2025, down 2.0% from the year before. Net income was $302.64M. The share price is 17.5% below its 52-week high of $43.58. It pays a dividend yielding 6.01%. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Daniel Sundheim (D1 Capital Partners), at $393.36M. In that quarter, 2 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -46.0% over 5Y.
today you would have $687.87▼ -31.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $37.37 | $40.45 | $39.84 | $38.67 | $66.46 | $57.40 | $83.90 | $62.88 | $74.65 | $73.22 | $63.28 | $69.07 | $50.18 | $47.37 | $38.07 | $36.47 | $30.67 | $33.46 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 7.3% a year plus a 6.0% dividend yield. Growth capped at 25%.
Median P/E of 22.1 among peers in the sector.
Median P/E of 26.1 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Real Estate, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| APLEApple Hospitality REIT, Inc. | $18.16 | 24.5x | 1.4x | 5.29% | 5.53% | $4.29B |
| HHHHoward Hughes Holdings Inc. | $69.49 | 14.1x | 1.0x | 0.00% | 7.49% | $4.15B |
| SKTTanger Inc | $36.11 | 33.1x | 6.2x | 3.46% | 19.40% | $4.32B |
| EPREPR Properties | $56.36 |
| P/E | 26.1x | 16.1x | 22.9x | 22.1x | 19.6x | 12.4x | 35.2x | 45.1x | 24.7x | 49.4x | 24.7x | 26.1x | 35.4x | 135.6x | 13.3x | 43.8x | 521.0x | 57.9x | 36.8x |
| P/S | 7.8x | 4.0x | 4.2x | 4.1x | 4.1x | 8.1x | 7.4x | 10.6x | 8.5x | 10.2x | 11.1x | 10.0x | 11.4x | 9.0x | 9.5x | 7.2x | 7.5x | 5.0x | 3.8x |
| P/B | 1.6x | 0.8x | 0.9x | 0.9x | 0.8x | 1.4x | 1.3x | 2.1x | 1.6x | 2.0x | 2.0x | 1.8x | 2.2x | 1.7x | 1.6x | 1.7x | 1.8x | 1.5x | 1.5x |
| EPS | $2.32 | $1.77 | $1.80 | $1.97 | $5.36 | $1.63 | $1.86 | $2.55 | $1.51 | $2.97 | $2.42 | $1.95 | $0.37 | $3.56 | $0.87 | $0.07 | $0.53 | $0.91 |
| Dividend yield | 3.55% | 5.78% | 5.34% | 5.42% | 5.48% | 3.07% | 3.43% | 2.28% | 2.85% | 2.21% | 4.61% | 2.21% | 2.03% | 2.79% | 2.96% | 3.68% | 3.84% | 5.31% | 6.93% |
| Payout | 111.45% | 93.10% | 122.03% | 120.00% | 107.61% | 38.06% | 120.86% | 102.69% | 70.20% | 109.27% | 113.64% | 57.85% | 71.79% | 378.38% | 39.33% | 160.92% | 2000.00% | 307.55% | 254.95% |
| Profit margin | 23.21% | 27.20% | 20.51% | 21.09% | 23.66% | 68.99% | 23.07% | 23.34% | 34.58% | 22.89% | 45.72% | 40.27% | 34.54% | 9.60% | 72.57% | 21.27% | 7.73% | 13.97% | 15.56% |
| ROE | 4.94% | 5.58% | 4.33% | 4.39% | 4.77% | 12.11% | 4.12% | 4.55% | 6.58% | 4.45% | 8.29% | 7.38% | 6.76% | 1.78% | 12.37% | 5.10% | 1.81% | 4.33% | 6.30% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 1.1% a year against a 9.9% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
-20.3% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 18.1x |
| 1.9x |
| 6.60% |
| 11.32% |
| $4.32B |
| COLDAmericold Realty Trust | $14.22 | — | 1.7x | 6.47% | -16.46% | $4.08B |
| MRPMillrose Properties, Inc. | $23.97 | 8.4x | 0.7x | 13.18% | 8.12% | $3.98B |