Kilroy Realty Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	1,094	1,118	1,118	1,086	948.99
Other Revenue	19.08	17.51	11.96	10.97	6.05
Total Revenue	1,113	1,136	1,130	1,097	955.04
Revenue Growth (YoY	-2.02%	0.53%	2.98%	14.86%	6.30%
Property Expenses	373.69	372.87	351.07	321.06	269.58
Selling, General & Administrative	73.11	71.07	94.26	93.64	92.75
Depreciation & Amortization	354.85	356.18	355.28	357.61	310.04
Total Operating Expenses	801.65	800.13	800.61	772.31	672.37
Operating Income	311.02	335.5	329.08	324.68	282.67
Interest Expense	-126.29	-145.29	-114.22	-84.28	-78.56
Interest & Investment Income	6.97	37.75	22.59	1.77	3.92
Other Non-Operating Income	0.17	-0.99	0.83	-	-
EBT Excluding Unusual Items	191.86	226.98	238.29	242.16	208.03
Gain (Loss) on Sale of Assets	127.04	5.98	-	17.33	463.13
Asset Writedown	-16.26	-	-	-	-
Other Unusual Items	-	-	-	-	-12.25
Pretax Income	302.64	232.95	238.29	259.49	658.91
Earnings From Continuing Operations	302.64	232.95	238.29	259.49	658.91
Minority Interest in Earnings	-26.52	-21.99	-26.05	-26.88	-30.77
Net Income	276.12	210.97	212.24	232.62	628.14
Preferred Dividends & Other Adjustments	0.93	1.97	1.23	1.27	1.52
Net Income to Common	275.2	209	211.01	231.34	626.63
Net Income Growth	30.88%	-0.60%	-8.76%	-62.97%	235.72%
Basic Shares Outstanding	118	118	117	117	116
Diluted Shares Outstanding	119	118	118	117	117
Shares Change (YoY)	0.57%	0.55%	0.24%	0.23%	2.84%
EPS (Basic)	2.33	1.78	1.80	1.98	5.38
EPS (Diluted)	2.32	1.77	1.80	1.97	5.36
EPS Growth	31.07%	-1.67%	-8.63%	-63.25%	228.83%
Dividend Per Share	2.160	2.160	2.160	2.120	2.040
Dividend Growth	-	-	1.89%	3.92%	3.55%
Operating Margin	27.95%	29.54%	29.13%	29.60%	29.60%
Profit Margin	24.73%	18.40%	18.68%	21.09%	65.61%
EBITDA	631.12	654.03	645.94	640.75	553.33
EBITDA Margin	56.72%	57.59%	57.18%	58.41%	57.94%
D&A For Ebitda	320.11	318.53	316.86	316.08	270.67
EBIT	311.02	335.5	329.08	324.68	282.67
EBIT Margin	27.95%	29.54%	29.13%	29.60%	29.60%
Funds From Operations (FFO)	505.92	551.63	-	556.63	462.31
FFO Per Share	4.20	4.59	-	4.68	3.89
Adjusted Funds From Operations (AFFO)	505.92	551.63	-	556.63	462.31
AFFO Per Share	4.20	4.59	-	4.68	3.89
FFO Payout Ratio	50.97%	46.46%	-	44.47%	51.34%
Revenue as Reported	1,113	1,136	1,130	1,097	955.04

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.