Kilroy Realty Earnings: Strong Leasing in Quarter Suggests Occupancy and Rental Rate Growth in 2027
Kilroy Realty reported funds from operations of $0.88 per share for the third quarter, while cash same-store net operating income declined 1.5%.
Kilroy Realty Corp KRC
Bulls Say, Bears Say
Bulls
Kilroy’s focus on technology and life science market clusters should benefit the firm in the long run as we expect buoyant growth in these areas. In addition to this, the company’s high-quality office buildings with good amenities should benefit from the flight to quality trend.
Bears
Employees are still hesitant in returning to the office as physical building occupancy rates remain at approximately 50%-55% of the prepandemic level. Technology-enabled hybrid workplace solutions can materially reduce per capita office space utilization, leading to lower demand for office space.
News
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Kilroy Realty Corporation Reports Third Quarter Financial and Operational Results
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Kilroy Realty Corporation Announces Dates for Third Quarter 2026 Earnings Release and Conference Call
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Kilroy Realty Corporation Declares Quarterly Dividend
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Kilroy Realty to Participate in the Bank of America 2026 Global Real Estate Conference
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Kilroy Realty Announces Chief Financial Officer Transition
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Trading Information
- Previous Close Price
- $36.71
- Day Range
- $35.96–37.23
- 52-Week Range
- $27.36–43.58
- Bid/Ask
- $33.25 / $40.40
- Shares Outstanding
- 116.31M
- Market Cap
- $4.18B
- Volume/Avg
- 1M / 1M
Key Statistics
- Price/Earnings (Normalized)
- 37.79
- Price/Sales
- 3.91
- Dividend Yield (Trailing)
- 6.01%
- Dividend Yield (Forward)
- 6.01%
- Dividend Payment Schedule
- Jan, Apr, Jul, Oct
- Total Yield
- 6.16%
Company Profile
Kilroy Realty is a premier owner and landlord of approximately 17.1 million square feet of office space across Los Angeles, San Diego, the San Francisco Bay Area, Austin, Texas, and greater Seattle. The company operates as a real estate investment trust.
- Sector
- Real Estate
- Industry
- REIT - Office
- Stock Style Box
- Small Value
- Total Number of Employees
- 241
- Website
- https://www.kilroyrealty.com
Competitors
Valuation
|
Metric
|
KRC
|
SLG
|
BXP
|
|---|---|---|---|
Price/Earnings (Normalized) | 37.79 | — | 35.46 |
Price/Book Value | 0.81 | 1.07 | 1.87 |
Price/Sales | 3.91 | 3.70 | 2.73 |
Price/Cash Flow | 8.63 | 20.40 | 6.45 |
Price/Earnings
KRC
SLG
BXP
Financial Strength
|
Metric
|
KRC
|
SLG
|
BXP
|
|---|---|---|---|
Quick Ratio | 0.93 | 1.11 | 1.52 |
Current Ratio | 0.95 | 1.41 | 1.60 |
Interest Coverage | 1.28 | 0.16 | 1.60 |
Quick Ratio
KRC
SLG
BXP
Profitability
|
Metric
|
KRC
|
SLG
|
BXP
|
|---|---|---|---|
Return on Assets (Normalized) | 0.93% | −1.44% | 2.05% |
Return on Equity (Normalized) | 1.89% | −4.81% | 10.19% |
Return on Invested Capital (Normalized) | 2.05% | 0.37% | 3.95% |
Return on Assets
KRC
SLG
BXP
REIT - Office Industry Comparables
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United States