Kilroy Realty Corporation KRC
Kilroy Realty Corporation (NYSE: KRC) is a distinguished real estate investment trust (REIT) and a leading developer on the West Coast of the United States. Its operations span key markets including San Diego, Greater Los Angeles, the San Francisco Bay Area, and the Pacific Northwest. Globally celebrated for its commitment to sustainability, excellence in building operations, and groundbreaking innovation and design, KRC stands out. The company, a pioneer in fostering eco-friendly real estate, crafts modern work environments specifically designed to boost creativity, enhance productivity, and improve employee retention for prominent clients in technology, entertainment, life sciences, and business services sectors. As a publicly traded entity and an S&P MidCap 400 Index member, KRC brings over seven decades of expertise to the development, acquisition, and management of office and mixed-use properties. As of September 30, 2020, Kilroy Realty's stabilized portfolio encompassed approximately 14.3 million square feet, primarily comprising office and life science facilities, with an occupancy rate of 92.2% and a leased rate of 95.5%. Additionally, the company managed 808 residential units located in Hollywood and San Diego, which recorded average quarterly occupancy rates of 85.0% and 37.5%, respectively. Furthermore, KRC had seven development projects underway, representing an estimated total investment of $1.9 billion. These projects account for roughly 2.3 million square feet of new office and life science space, 90% of which was already leased.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-11 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model KRC yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $1.11B | $276.10M | $345.00M | $808.51M | $566.31M |
| 2024 | $1.14B | $210.97M | $357.25M | $735.49M | $541.15M |
| 2023 | $1.13B | $212.24M | $356.30M | $708.81M | $602.59M |
| 2022 | $1.10B | $232.62M | $316.08M | $659.85M | $592.24M |
| 2021 | $955.04M | $628.14M | $311.28M | $1.05B | $516.40M |
| 2020 | $898.40M | $187.10M | $300.13M | $578.20M | $455.59M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-08 | 2026-05-19 | $0.54 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-08 | 2026-02-24 | $0.54 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-07 | 2025-11-18 | $0.54 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-08 | 2025-09-16 | $0.54 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-09 | 2025-05-20 | $0.54 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-09 | 2025-02-25 | $0.54 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-08 | 2024-12-05 | $0.54 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-09 | 2024-09-16 | $0.54 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-10 | 2024-05-22 | $0.54 | Quarterly |
| 2024-03-27 | 2024-03-29 | 2024-04-10 | 2024-02-27 | $0.54 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-10 | 2023-12-06 | $0.54 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-11 | 2023-09-12 | $0.54 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-12 | 2023-05-24 | $0.54 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-12 | 2023-02-16 | $0.54 | Quarterly |
| 2022-12-29 | 2022-12-30 | 2023-01-11 | 2022-12-07 | $0.54 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-12 | 2022-09-08 | $0.54 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-13 | 2022-05-19 | $0.52 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-13 | 2022-02-08 | $0.52 | Quarterly |
| 2021-12-30 | 2021-12-31 | 2022-01-12 | 2021-12-16 | $0.52 | Quarterly |
| 2021-09-29 | 2021-09-30 | 2021-10-13 | 2021-09-13 | $0.52 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-14 | 2021-05-20 | $0.50 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-14 | 2021-02-08 | $0.50 | Quarterly |
| 2020-12-30 | 2020-12-31 | 2021-01-15 | 2020-12-10 | $0.50 | Quarterly |
| 2020-09-29 | 2020-09-30 | 2020-10-14 | 2020-08-26 | $0.50 | Quarterly |
Coverage (payout of operating cash flow): 45.39%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — KRC
Kilroy Realty Corporation Announces Dates for Second Quarter 2026 Earnings Release and Conference Call
Kilroy Realty Recasts and Expands Credit Facilities
Kilroy Realty Corporation Declares Quarterly Dividend
Kilroy Realty: AI Tailwinds And High Yield Create An Attractive Setup
REITs Excel, Earnings Swell, Fed Rebels
Kilroy Realty Corporation (KRC) Q1 2026 Earnings Call Transcript
Compared to Estimates, Kilroy Realty (KRC) Q1 Earnings: A Look at Key Metrics
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.