KRC Stock Analysis: Kilroy Realty | NYSE
REIT - Office | NYSE, USA | Market Cap: 4.509m USD | 12M Return: 16.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 47.8M
EPS Trend: -84.4%
Qual. Beats: 0
Rev. Trend: -45.5%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 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: 217.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -0.64 > 1.0 |
| NWC/Revenue: 3.09% < 20% (prev 9.06%; Δ -5.97% < -1%) |
| CFO/TA 0.05 > 3% & CFO 580.1m > Net Income 217.8m |
| Net Debt (4.62b) to EBITDA (781.7m): 5.91 < 3 |
| Current Ratio: 1.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (117.6m) vs 12m ago -0.87% < -2% |
| Gross Margin: 49.87% > 18% (prev 66.82%; Δ -16.95% > 0.5%) |
| Asset Turnover: 10.27% > 50% (prev 10.37%; Δ -0.10% > 0%) |
| Interest Coverage Ratio: 2.23 > 6 (EBIT TTM 429.8m / Interest Expense TTM 192.4m) |
| A: 0.00 (Total Current Assets 634.0m - Total Current Liabilities 599.7m) / Total Assets 10.8b |
| B: 0.01 (Retained Earnings 102.9m / Total Assets 10.8b) |
| C: 0.04 (EBIT TTM 429.8m / Avg Total Assets 10.8b) |
| D: 1.00 (Book Value of Equity 5.27b / Total Liabilities 5.29b) |
| Altman-Z'' = 1.36 = BB |
| DSRI: 0.97 (Receivables 441.1m/459.1m, Revenue 1.11b/1.13b) |
| GMI: 1.34 (GM 66.82% / 49.87%) |
| AQI: 1.01 (AQ_t 0.93 / AQ_t-1 0.92) |
| SGI: 0.99 (Revenue 1.11b / 1.13b) |
| TATA: -0.03 (NI 217.8m - CFO 580.1m) / TA 10.8b) |
| Beneish M = -2.75 (Cap -4..+1) = A |
As of July 18, 2026, the stock is trading at USD 40.25 with a total of 1,299,515 shares traded. Over the past week, the price has changed by +4.82%, over one month by +12.93%, over three months by +29.81% and over the past year by +16.45%.
Current recommended Stop Loss: 38.90 (which is 3.4% or 1.4 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 | 37.1 | -7.7% |
P/E Trailing = 20.9836
P/E Forward = 54.9451
P/S = 4.055
P/B = 0.848
P/EG = 1.8204
Revenue TTM = 1.11b USD
EBIT TTM = 429.8m USD
EBITDA TTM = 781.7m USD
Long Term Debt = 4.59b USD (from longTermDebt, last quarter)
Short Term Debt = 599.7m USD (from shortTermDebt, last quarter)
Debt = 4.84b USD (from shortLongTermDebtTotal, last quarter) + Leases 127.4m
Net Debt = 4.62b USD (calculated: Debt 4.84b - CCE 224.3m)
Enterprise Value = 9.13b USD (4.51b + Debt 4.84b - CCE 224.3m)
Interest Coverage Ratio = 2.23 (Ebit TTM 429.8m / Interest Expense TTM 192.4m)
EV/FCF = -257.5x (Enterprise Value 9.13b / FCF TTM -35.4m)
FCF Yield = -0.39% (FCF TTM -35.4m / Enterprise Value 9.13b)
FCF Margin = -3.19% (FCF TTM -35.4m / Revenue TTM 1.11b)
Net Margin = 19.59% (Net Income TTM 217.8m / Revenue TTM 1.11b)
Gross Margin = 49.87% ((Revenue TTM 1.11b - Cost of Revenue TTM 557.5m) / Revenue TTM)
Gross Margin QoQ = -4.88% (prev 66.82%)
Tobins Q-Ratio = 0.85 (Enterprise Value 9.13b / Total Assets 10.8b)
Interest Expense / Debt = 3.97% (Interest Expense 192.4m / Debt 4.84b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 339.5m (EBIT 429.8m * (1 - 21.00%))
Current Ratio = 1.06 (Total Current Assets 634.0m / Total Current Liabilities 599.7m)
Debt / Equity = 0.92 (Debt 4.84b / totalStockholderEquity, last quarter 5.27b)
Debt / EBITDA = 5.91 (Net Debt 4.62b / EBITDA 781.7m)
Debt / FCF = -130.3 (out of range, set to none) (Net Debt 4.62b / FCF TTM -35.4m)
Total Stockholder Equity = 5.38b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.01% (Net Income 217.8m / Total Assets 10.8b)
RoE = 4.05% (Net Income TTM 217.8m / Total Stockholder Equity 5.38b)
RoCE = 4.31% (EBIT 429.8m / Capital Employed (Equity 5.38b + L.T.Debt 4.59b))
RoIC = 3.17% (NOPAT 339.5m / Invested Capital 10.7b)
WACC = 5.73% (E(4.51b)/V(9.35b) * Re(8.52%) + D(4.84b)/V(9.35b) * Rd(3.97%) * (1-Tc(0.21)))
Discount Rate = 8.52% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 43.77 | Cagr: -0.07%
[DCF] Fair Price = unknown (Cash Flow -35.4m)
EPS Correlation: -84.39 | EPS CAGR: -11.93% | SUE: 0.38 | # QB: 0
Revenue Correlation: -45.54 | Revenue CAGR: -0.52% | SUE: 0.60 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.14 | Chg30d=+8.24% | Revisions=+25% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.13 | Chg30d=+42.40% | Revisions=+25% | Analysts=4
EPS current Year (2026-12-31): EPS=0.70 | Chg30d=+25.00% | Revisions=+0% | GrowthEPS=-49.7% | GrowthRev=-4.2%
EPS next Year (2027-12-31): EPS=0.50 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=-28.6% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: +50% (up=3, down=0)