KILROY REALTY CORP (KRC) Stock Fundamental Analysis
USA - NYSE:KRC - US49427F1084 - REIT
40.325 USD
-0.21 (-0.53%)
Overall KRC gets a fundamental rating of 5 out of 10. We evaluated KRC against 129 industry peers in the Diversified REITs industry. KRC has only an average score on both its financial health and profitability. KRC has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year KRC was profitable.
In the past year KRC had a positive cash flow from operations.
Each year in the past 5 years KRC has been profitable.
KRC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KRC has a Return On Assets of 2.01%. This is in the better half of the industry: KRC outperforms 65.12% of its industry peers.
With a decent Return On Equity value of 4.07%, KRC is doing good in the industry, outperforming 62.02% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.57%, KRC is in line with its industry, outperforming 48.06% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KRC is in line with the industry average of 3.01%.
The 3 year average ROIC (2.48%) for KRC is below the current ROIC(2.57%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.01% | ||
| ROE | 4.07% | ||
| ROIC | 2.57% |
ROA(3y)1.97%
ROA(5y)2.74%
ROE(3y)4.01%
ROE(5y)5.44%
ROIC(3y)2.48%
ROIC(5y)2.36%
1.3 Margins
Looking at the Profit Margin, with a value of 19.22%, KRC is in the better half of the industry, outperforming 71.32% of the companies in the same industry.
In the last couple of years the Profit Margin of KRC has declined.
The Operating Margin of KRC (29.81%) is better than 62.79% of its industry peers.
KRC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 68.17%, KRC is in line with its industry, outperforming 53.49% of the companies in the same industry.
KRC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.81% | ||
| PM (TTM) | 19.22% | ||
| GM | 68.17% |
OM growth 3Y-0.15%
OM growth 5Y2.1%
PM growth 3Y-34.54%
PM growth 5Y-4.43%
GM growth 3Y-1.97%
GM growth 5Y-0.76%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KRC is destroying value.
Compared to 1 year ago, KRC has more shares outstanding
KRC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for KRC has been reduced compared to a year ago.
2.2 Solvency
KRC has an Altman-Z score of 0.77. This is a bad value and indicates that KRC is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of KRC (0.77) is better than 68.99% of its industry peers.
KRC has a debt to FCF ratio of 30.31. This is a negative value and a sign of low solvency as KRC would need 30.31 years to pay back of all of its debts.
The Debt to FCF ratio of KRC (30.31) is better than 69.77% of its industry peers.
KRC has a Debt/Equity ratio of 0.86. This is a neutral value indicating KRC is somewhat dependend on debt financing.
The Debt to Equity ratio of KRC (0.86) is better than 68.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 30.31 | ||
| Altman-Z | 0.77 |
ROIC/WACC0.45
WACC5.69%
2.3 Liquidity
A Current Ratio of 1.38 indicates that KRC should not have too much problems paying its short term obligations.
KRC's Current ratio of 1.38 is fine compared to the rest of the industry. KRC outperforms 61.24% of its industry peers.
A Quick Ratio of 1.38 indicates that KRC should not have too much problems paying its short term obligations.
KRC has a better Quick ratio (1.38) than 62.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
KRC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.52%, which is quite good.
The Earnings Per Share has been decreasing by -0.11% on average over the past years.
Looking at the last year, KRC shows a small growth in Revenue. The Revenue has grown by 2.26% in the last year.
Measured over the past years, KRC shows a small growth in Revenue. The Revenue has been growing by 6.28% on average per year.
EPS 1Y (TTM)9.52%
EPS 3Y4.08%
EPS 5Y-0.11%
EPS Q2Q%39.02%
Revenue 1Y (TTM)2.26%
Revenue growth 3Y5.94%
Revenue growth 5Y6.28%
Sales Q2Q%3.26%
3.2 Future
The Earnings Per Share is expected to decrease by -18.50% on average over the next years. This is quite bad
Based on estimates for the next years, KRC will show a small growth in Revenue. The Revenue will grow by 0.26% on average per year.
EPS Next Y-27.53%
EPS Next 2Y-39.1%
EPS Next 3Y-32.56%
EPS Next 5Y-18.5%
Revenue Next Year-3%
Revenue Next 2Y1.27%
Revenue Next 3Y0.21%
Revenue Next 5Y0.26%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.92 indicates a rather expensive valuation of KRC.
KRC's Price/Earnings ratio is rather cheap when compared to the industry. KRC is cheaper than 80.62% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.53, KRC is valued a bit cheaper.
A Price/Forward Earnings ratio of 61.42 indicates a quite expensive valuation of KRC.
KRC's Price/Forward Earnings is on the same level as the industry average.
KRC is valuated expensively when we compare the Price/Forward Earnings ratio to 23.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.92 | ||
| Fwd PE | 61.42 |
4.2 Price Multiples
KRC's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. KRC is cheaper than 60.47% of the companies in the same industry.
KRC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KRC is cheaper than 70.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.45 | ||
| EV/EBITDA | 13.24 |
4.3 Compensation for Growth
The decent profitability rating of KRC may justify a higher PE ratio.
A cheap valuation may be justified as KRC's earnings are expected to decrease with -32.56% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-39.1%
EPS Next 3Y-32.56%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.34%, KRC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.00, KRC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, KRC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.34% |
5.2 History
The dividend of KRC has a limited annual growth rate of 2.81%.
KRC has been paying a dividend for at least 10 years, so it has a reliable track record.
KRC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.81%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
117.72% of the earnings are spent on dividend by KRC. This is not a sustainable payout ratio.
The Dividend Rate of KRC has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP117.72%
EPS Next 2Y-39.1%
EPS Next 3Y-32.56%
NYSE:KRC (10/16/2025, 2:04:38 PM)
40.325
-0.21 (-0.53%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners126.21%
Inst Owner Change-0.01%
Ins Owners0.63%
Ins Owner Change0.83%
Market Cap4.77B
Analysts54.78
Price Target40.33 (0.01%)
Short Float %11.7%
Short Ratio8.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.34% |
Yearly Dividend2.18
Dividend Growth(5Y)2.81%
DP117.72%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)40.46%
Min EPS beat(2)3.18%
Max EPS beat(2)77.75%
EPS beat(4)4
Avg EPS beat(4)39.21%
Min EPS beat(4)3.18%
Max EPS beat(4)77.75%
EPS beat(8)7
Avg EPS beat(8)23.07%
EPS beat(12)10
Avg EPS beat(12)24.09%
EPS beat(16)13
Avg EPS beat(16)23.15%
Revenue beat(2)1
Avg Revenue beat(2)1.83%
Min Revenue beat(2)-2.36%
Max Revenue beat(2)6.03%
Revenue beat(4)3
Avg Revenue beat(4)1.94%
Min Revenue beat(4)-2.36%
Max Revenue beat(4)6.03%
Revenue beat(8)6
Avg Revenue beat(8)0.22%
Revenue beat(12)9
Avg Revenue beat(12)0.69%
Revenue beat(16)13
Avg Revenue beat(16)1.21%
PT rev (1m)6.2%
PT rev (3m)7.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.61%
EPS NY rev (1m)0%
EPS NY rev (3m)8.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.02%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)-0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.92 | ||
| Fwd PE | 61.42 | ||
| P/S | 4.2 | ||
| P/FCF | 31.45 | ||
| P/OCF | 8.44 | ||
| P/B | 0.89 | ||
| P/tB | 0.89 | ||
| EV/EBITDA | 13.24 |
EPS(TTM)1.84
EY4.56%
EPS(NY)0.66
Fwd EY1.63%
FCF(TTM)1.28
FCFY3.18%
OCF(TTM)4.78
OCFY11.85%
SpS9.61
BVpS45.37
TBVpS45.37
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.01% | ||
| ROE | 4.07% | ||
| ROCE | 3.26% | ||
| ROIC | 2.57% | ||
| ROICexc | 2.62% | ||
| ROICexgc | 2.62% | ||
| OM | 29.81% | ||
| PM (TTM) | 19.22% | ||
| GM | 68.17% | ||
| FCFM | 13.34% |
ROA(3y)1.97%
ROA(5y)2.74%
ROE(3y)4.01%
ROE(5y)5.44%
ROIC(3y)2.48%
ROIC(5y)2.36%
ROICexc(3y)2.57%
ROICexc(5y)2.47%
ROICexgc(3y)2.58%
ROICexgc(5y)2.48%
ROCE(3y)3.14%
ROCE(5y)2.99%
ROICexcg growth 3Y3.65%
ROICexcg growth 5Y4.08%
ROICexc growth 3Y3.45%
ROICexc growth 5Y3.95%
OM growth 3Y-0.15%
OM growth 5Y2.1%
PM growth 3Y-34.54%
PM growth 5Y-4.43%
GM growth 3Y-1.97%
GM growth 5Y-0.76%
F-Score8
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 30.31 | ||
| Debt/EBITDA | 6.62 | ||
| Cap/Depr | 116.26% | ||
| Cap/Sales | 36.37% | ||
| Interest Coverage | 2.7 | ||
| Cash Conversion | 81.37% | ||
| Profit Quality | 69.42% | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 0.77 |
F-Score8
WACC5.69%
ROIC/WACC0.45
Cap/Depr(3y)152.59%
Cap/Depr(5y)248.71%
Cap/Sales(3y)48.58%
Cap/Sales(5y)80.51%
Profit Quality(3y)16.5%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.52%
EPS 3Y4.08%
EPS 5Y-0.11%
EPS Q2Q%39.02%
EPS Next Y-27.53%
EPS Next 2Y-39.1%
EPS Next 3Y-32.56%
EPS Next 5Y-18.5%
Revenue 1Y (TTM)2.26%
Revenue growth 3Y5.94%
Revenue growth 5Y6.28%
Sales Q2Q%3.26%
Revenue Next Year-3%
Revenue Next 2Y1.27%
Revenue Next 3Y0.21%
Revenue Next 5Y0.26%
EBIT growth 1Y6.28%
EBIT growth 3Y5.78%
EBIT growth 5Y8.52%
EBIT Next Year99.95%
EBIT Next 3Y27.58%
EBIT Next 5Y16.26%
FCF growth 1Y138.49%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-5.3%
OCF growth 3Y1.57%
OCF growth 5Y3.37%