Kennedy-Wilson Holdings, Inc. (KW)

Kennedy-Wilson Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	386	390.6	415.3	434.9	390.5	403.9
Property Management Fees	112.9	98.9	61.9	44.8	35.3	22.5
Other Revenue	1.4	-9.1	35.8	107.7	197.8	73.7
Total Revenue	531.5	511.6	539.1	599.1	632.2	500.1
Revenue Growth (YoY	6.96%	-5.10%	-10.02%	-5.24%	26.41%	-21.93%
Property Expenses	149.3	157.6	190.5	180.7	145.4	149.5
Selling, General & Administrative	65.4	62.4	70.2	66.2	62	66.9
Depreciation & Amortization	141.6	148.3	157.8	172.9	166.3	179.6
Other Operating Expenses	99.5	94.6	89.8	107	175.9	112.1
Total Operating Expenses	455.8	462.9	508.3	526.8	549.6	508.1
Operating Income	75.7	48.7	30.8	72.3	82.6	-8
Interest Expense	-256.5	-261.1	-259.2	-220.8	-192.4	-201.9
Other Non-Operating Income	-13.7	4.2	-5	36.1	-5	-2.3
EBT Excluding Unusual Items	-194.5	-208.2	-233.4	-112.4	-114.8	-212.2
Gain (Loss) on Sale of Investments	38	26.3	-229.3	119.3	210.4	34.9
Gain (Loss) on Sale of Assets	107.8	160.1	127.6	103.7	412.7	338
Other Unusual Items	-3.6	-1.7	-1.6	27.5	-45.7	-9.3
Pretax Income	-52.3	-23.5	-336.7	138.1	462.6	151.4
Income Tax Expense	-5.2	10.2	-55.3	36.2	126.2	43.6
Earnings From Continuing Operations	-47.1	-33.7	-281.4	101.9	336.4	107.8
Minority Interest in Earnings	-0.9	0.7	-22.4	-8.2	-6	2.3
Net Income	-48	-33	-303.8	93.7	330.4	110.1
Preferred Dividends & Other Adjustments	43.5	43.5	38	28.9	17.2	17.2
Net Income to Common	-91.5	-76.5	-341.8	64.8	313.2	92.9
Net Income Growth	-	-	-	-71.64%	200.09%	-51.43%
Basic Shares Outstanding	138	138	139	137	139	140
Diluted Shares Outstanding	138	138	139	139	140	140
Shares Change (YoY)	-0.71%	-0.83%	0.26%	-1.12%	-0.15%	-0.82%
EPS (Basic)	-0.66	-0.56	-2.46	0.47	2.26	0.66
EPS (Diluted)	-0.67	-0.56	-2.46	0.47	2.24	0.66
EPS Growth	-	-	-	-79.12%	239.39%	-58.23%
Dividend Per Share	0.480	0.600	0.960	0.960	0.900	0.880
Dividend Growth	-42.86%	-37.50%	-	6.67%	2.27%	3.53%
Operating Margin	14.24%	9.52%	5.71%	12.07%	13.06%	-1.60%
Profit Margin	-17.21%	-14.95%	-63.40%	10.82%	49.54%	18.58%
EBITDA	216.2	195.4	183.1	237.2	255.7	161.4
EBITDA Margin	40.68%	38.19%	33.96%	39.59%	40.45%	32.27%
D&A For Ebitda	140.5	146.7	152.3	164.9	173.1	169.4
EBIT	75.7	48.7	30.8	72.3	82.6	-8
EBIT Margin	14.24%	9.52%	5.71%	12.07%	13.06%	-1.60%
Effective Tax Rate	-	-	-	26.21%	27.28%	28.80%
Revenue as Reported	527	531.4	562.6	540	453.6	454

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q