Kilroy Realty Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	1,108	1,118	1,118	1,086	948.99	892.31
Other Revenue	19.28	17.51	11.96	10.97	6.05	6.09
Total Revenue	1,127	1,136	1,130	1,097	955.04	898.4
Revenue Growth (YoY	0.77%	0.53%	2.98%	14.86%	6.30%	7.28%
Property Expenses	369.16	372.87	351.07	321.06	269.58	260.72
Selling, General & Administrative	71.59	72.07	93.43	93.64	92.75	80.66
Depreciation & Amortization	351.35	356.18	355.28	357.61	310.04	299.31
Total Operating Expenses	792.1	801.12	799.78	772.31	672.37	640.69
Operating Income	334.76	334.51	329.91	324.68	282.67	257.71
Interest Expense	-127.39	-145.29	-114.22	-84.28	-78.56	-70.77
Interest & Investment Income	9.56	37.75	22.59	1.77	3.92	3.42
EBT Excluding Unusual Items	217.55	226.98	238.29	242.16	208.03	190.36
Gain (Loss) on Sale of Assets	133.02	5.98	-	17.33	463.13	35.54
Other Unusual Items	-	-	-	-	-12.25	-18.6
Pretax Income	350.57	232.95	238.29	259.49	658.91	207.29
Earnings From Continuing Operations	350.57	232.95	238.29	259.49	658.91	207.29
Net Income to Company	350.57	232.95	238.29	259.49	658.91	207.29
Minority Interest in Earnings	-27.43	-21.99	-26.05	-26.88	-30.77	-20.19
Net Income	323.14	210.97	212.24	232.62	628.14	187.11
Preferred Dividends & Other Adjustments	1.09	1.97	1.23	1.27	1.52	2.23
Net Income to Common	322.05	209	211.01	231.34	626.63	184.88
Net Income Growth	62.55%	-0.60%	-8.76%	-62.97%	235.72%	-4.27%
Basic Shares Outstanding	118	118	117	117	116	113
Diluted Shares Outstanding	119	118	118	117	117	114
Shares Change (YoY)	0.69%	0.55%	0.24%	0.23%	2.84%	9.50%
EPS (Basic)	2.72	1.78	1.80	1.98	5.38	1.63
EPS (Diluted)	2.71	1.77	1.80	1.97	5.36	1.63
EPS Growth	62.23%	-1.67%	-8.63%	-63.25%	228.83%	-12.37%
Dividend Per Share	2.160	2.160	2.160	2.120	2.040	1.970
Dividend Growth	-	-	1.89%	3.92%	3.55%	3.14%
Operating Margin	29.71%	29.46%	29.20%	29.60%	29.60%	28.68%
Profit Margin	28.58%	18.40%	18.68%	21.09%	65.61%	20.58%
EBITDA	648.68	653.04	646.77	640.75	553.33	515.79
EBITDA Margin	57.56%	57.50%	57.25%	58.41%	57.94%	57.41%
D&A For Ebitda	313.92	318.53	316.86	316.08	270.67	258.08
EBIT	334.76	334.51	329.91	324.68	282.67	257.71
EBIT Margin	29.71%	29.46%	29.20%	29.60%	29.60%	28.68%
Funds From Operations (FFO)	533.64	551.63	551.12	556.63	462.31	433.36
FFO Per Share	4.44	4.59	4.62	4.68	3.89	3.71
Adjusted Funds From Operations (AFFO)	-	468.23	454.99	556.63	462.31	433.36
AFFO Per Share	-	3.89	3.82	4.68	3.89	3.71
FFO Payout Ratio	48.30%	46.46%	46.35%	44.47%	51.34%	51.82%
Revenue as Reported	1,127	1,136	1,130	1,097	955.04	898.4

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