KRC Stock Analysis: Kilroy Realty | NYSE
REIT - Office | NYSE, USA | Market Cap: 4.341m USD | 12M Return: -4.7% | US49427F1084 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 37.9M
EPS Trend: -65.2%
Qual. Beats: 0
Rev. Trend: -55.1%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Kilroy Realty Corporation (KRC) is a U.S.-based real estate investment trust (REIT) that develops, acquires, and manages office, life science, and mixed-use properties. The company operates across five West Coast markets: the San Francisco Bay Area, Los Angeles, Seattle, San Diego, and Austin, serving tenants primarily in the technology, media, life science, and business services sectors.
Founded in 1947 and publicly traded on the NYSE, Kilroy is a member of the S&P MidCap 400 Index. As a REIT, the company is structured to distribute the majority of its taxable income to shareholders as dividends, with revenue derived mainly from long-term rental leases on its income-producing real estate portfolio. The company has earned industry recognition for its focus on sustainability and modern building design.
As of September 30, 2025, Kilroys stabilized portfolio included approximately 16.8 million square feet of primarily office and life science space, alongside roughly 1,000 residential units in Hollywood and San Diego. The company also had one active development project in the tenant improvement phase, reflecting its ongoing strategy of building and repositioning assets in high-demand innovation hubs.
- Bay Area tech tenant demand pressures occupancy rates
- Life science expansion diversifies beyond traditional office portfolio
- Interest rate volatility pressures REIT valuation and dividend yields
| Net Income: 169.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -4.84 > 1.0 |
| NWC/Revenue: -13.84% < 20% (prev 36.05%; Δ -49.89% < -1%) |
| CFO/TA 0.05 > 3% & CFO 514.5m > Net Income 169.3m |
| Net Debt (4.50b) to EBITDA (743.1m): 6.06 < 3 |
| Current Ratio: 0.71 > 1.5 & < 3 |
| Outstanding Shares: last quarter (117.7m) vs 12m ago -0.82% < -2% |
| Gross Margin: 48.71% > 18% (prev 67.33%; Δ -18.62% > 0.5%) |
| Asset Turnover: 10.18% > 50% (prev 10.46%; Δ -0.28% > 0%) |
| Interest Coverage Ratio: 1.89 > 6 (EBIT TTM 385.0m / Interest Expense TTM 203.2m) |
| A: -0.01 (Total Current Assets 368.2m - Total Current Liabilities 519.6m) / Total Assets 10.6b |
| B: 0.01 (Retained Earnings 58.9m / Total Assets 10.6b) |
| C: 0.04 (EBIT TTM 385.0m / Avg Total Assets 10.7b) |
| D: 1.01 (Book Value of Equity 5.23b / Total Liabilities 5.18b) |
| Altman-Z'' = 1.22 = BB |
| DSRI: 0.10 (Receivables 12.2m/448.7m, Revenue 1.09b/1.14b) |
| GMI: 1.38 (GM 67.33% / 48.71%) |
| AQI: 0.07 (AQ_t 0.06 / AQ_t-1 0.90) |
| SGI: 0.96 (Revenue 1.09b / 1.14b) |
| TATA: -0.03 (NI 169.3m - CFO 514.5m) / TA 10.6b) |
| Beneish M = -4.00 (Cap -4..+1) = AAA |
As of September 05, 2026, the stock is trading at USD 37.14 with a total of 1,196,902 shares traded. Over the past week, the price has changed by +2.57%, over one month by -5.64%, over three months by +2.09% and over the past year by -4.70%.
Current recommended Stop Loss: 34.90 (which is 6% or 2.7 ATR below the current price).
Kilroy Realty has received a consensus analysts rating of 3.29. Therefore, it is recommended to hold KRC.
- StrongBuy: 2
- Buy: 2
- Hold: 12
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 40.4 | 8.7% |
P/E Trailing = 25.4897
P/E Forward = 49.0196
P/S = 3.9664
P/B = 0.8061
P/EG = 1.8204
Revenue TTM = 1.09b USD
EBIT TTM = 385.0m USD
EBITDA TTM = 743.1m USD
Long Term Debt = 4.59b USD (from longTermDebt, last fiscal year)
Short Term Debt = 348.1m USD (from shortTermDebt, last quarter)
Debt = 4.79b USD (from shortLongTermDebtTotal, last quarter) + Leases 127.4m
Net Debt = 4.50b USD (calculated: Debt 4.79b - CCE 288.8m)
Enterprise Value = 8.84b USD (4.34b + Debt 4.79b - CCE 288.8m)
Interest Coverage Ratio = 1.89 (Ebit TTM 385.0m / Interest Expense TTM 203.2m)
EV/FCF = -36.79x (Enterprise Value 8.84b / FCF TTM -240.4m)
FCF Yield = -2.72% (FCF TTM -240.4m / Enterprise Value 8.84b)
FCF Margin = -21.96% (FCF TTM -240.4m / Revenue TTM 1.09b)
Net Margin = 15.47% (Net Income TTM 169.3m / Revenue TTM 1.09b)
Gross Margin = 48.71% ((Revenue TTM 1.09b - Cost of Revenue TTM 561.3m) / Revenue TTM)
Gross Margin QoQ = 65.29% (prev -4.88%)
Tobins Q-Ratio = 0.83 (Enterprise Value 8.84b / Total Assets 10.6b)
Interest Expense / Debt = 4.24% (Interest Expense 203.2m / Debt 4.79b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 304.1m (EBIT 385.0m * (1 - 21.00%))
Current Ratio = 0.71 (Total Current Assets 368.2m / Total Current Liabilities 519.6m)
Debt / Equity = 0.92 (Debt 4.79b / totalStockholderEquity, last quarter 5.23b)
Debt / EBITDA = 6.06 (Net Debt 4.50b / EBITDA 743.1m)
Debt / FCF = -18.73 (negative FCF - burning cash) (Net Debt 4.50b / FCF TTM -240.4m)
Total Stockholder Equity = 5.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.57% (Net Income 169.3m / Total Assets 10.6b)
RoE = 3.17% (Net Income TTM 169.3m / Total Stockholder Equity 5.34b)
RoCE = 3.88% (EBIT 385.0m / Capital Employed (Equity 5.34b + L.T.Debt 4.59b))
RoIC = 2.92% (NOPAT 304.1m / Invested Capital 10.4b)
WACC = 5.46% (E(4.34b)/V(9.13b) * Re(7.79%) + D(4.79b)/V(9.13b) * Rd(4.24%) * (1-Tc(0.21)))
Discount Rate = 7.79% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 4.13 | Cagr: -0.10%
[DCF] Fair Price = unknown (Cash Flow -240.4m)
EPS Correlation: -65.18 | EPS CAGR: -8.14% | SUE: 0.26 | # QB: 0
Revenue Correlation: -55.13 | Revenue CAGR: -0.76% | SUE: 0.96 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.12 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=0.26 | Chg30d=-62.86% | Revisions=+0% | GrowthEPS=-81.3% | GrowthRev=-3.7%
EPS next Year (2027-12-31): EPS=0.34 | Chg30d=-36.45% | Revisions=+25% | GrowthEPS=+30.8% | GrowthRev=+2.3%
[Analyst] Revisions Ratio: +25% (up=1, down=0)