XNYSKRC
Market cap4.38bUSD
Jan 08, Last price
37.07USD
1D
-2.42%
1Q
-2.58%
Jan 2017
-49.37%
Name
Kilroy Realty Corp
Chart & Performance
Profile
Kilroy Realty Corporation (NYSE: KRC, the company, KRC) is a leading West Coast landlord and developer, with a major presence in San Diego, Greater Los Angeles, the San Francisco Bay Area, and the Pacific Northwest. The company has earned global recognition for sustainability, building operations, innovation and design. As pioneers and innovators in the creation of a more sustainable real estate industry, the company's approach to modern business environments helps drive creativity, productivity and employee retention for some of the world's leading technology, entertainment, life science and business services companies. KRC is a publicly traded real estate investment trust (REIT) and member of the S&P MidCap 400 Index with more than seven decades of experience developing, acquiring and managing office and mixed-use projects. As of September 30, 2020, KRC's stabilized portfolio totaled approximately 14.3 million square feet of primarily office and life science space that was 92.2% occupied and 95.5% leased. The company also had 808 residential units in Hollywood and San Diego, which had a quarterly average occupancy of 85.0% and 37.5%, respectively. In addition, KRC had seven in-process development projects with an estimated total investment of $1.9 billion, totaling approximately 2.3 million square feet of office and life science space. The office and life science space was 90% leased.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 1,129,694 2.98% | 1,096,987 14.86% | |||||||
Cost of revenue | 444,504 | 414,699 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 685,190 | 682,288 | |||||||
NOPBT Margin | 60.65% | 62.20% | |||||||
Operating Taxes | 84,278 | ||||||||
Tax Rate | 12.35% | ||||||||
NOPAT | 685,190 | 598,010 | |||||||
Net income | 212,241 21.13% | 175,215 -72.11% | |||||||
Dividends | (255,430) | (247,556) | |||||||
Dividend yield | 5.46% | 5.46% | |||||||
Proceeds from repurchase of equity | (11,595) | (22,934) | |||||||
BB yield | 0.25% | 0.51% | |||||||
Debt | |||||||||
Debt current | 6,737 | 124,994 | |||||||
Long-term debt | 5,170,347 | 4,512,984 | |||||||
Deferred revenue | 158,522 | ||||||||
Other long-term liabilities | 521,720 | 538,077 | |||||||
Net debt | 4,382,251 | 4,243,505 | |||||||
Cash flow | |||||||||
Cash from operating activities | 602,589 | 592,235 | |||||||
CAPEX | (586,609) | ||||||||
Cash from investing activities | (800,400) | (553,193) | |||||||
Cash from financing activities | 360,595 | (118,746) | |||||||
FCF | 649,141 | 598,782 | |||||||
Balance | |||||||||
Cash | 794,833 | 370,926 | |||||||
Long term investments | 23,547 | ||||||||
Excess cash | 738,348 | 339,624 | |||||||
Stockholders' equity | 453,854 | 504,201 | |||||||
Invested Capital | 10,265,307 | 10,544,920 | |||||||
ROIC | 6.59% | 5.78% | |||||||
ROCE | 6.39% | 6.70% | |||||||
EV | |||||||||
Common stock shares outstanding | 117,506 | 117,220 | |||||||
Price | 39.84 3.03% | 38.67 -41.81% | |||||||
Market cap | 4,681,449 3.28% | 4,532,899 -41.68% | |||||||
EV | 9,295,232 | 9,014,318 | |||||||
EBITDA | 1,041,492 | 1,040,671 | |||||||
EV/EBITDA | 8.92 | 8.66 | |||||||
Interest | 114,216 | 84,278 | |||||||
Interest/NOPBT | 16.67% | 12.35% |