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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	375.4	390.6	415.3	434.9	390.5	403.9
Property Management Fees	114.7	98.9	61.9	44.8	35.3	22.5
Other Revenue	35.7	-9.1	35.8	107.7	197.8	73.7
Total Revenue	550.5	511.6	539.1	599.1	632.2	500.1
Revenue Growth (YoY	13.93%	-5.10%	-10.02%	-5.24%	26.41%	-21.93%
Property Expenses	145	157.6	190.5	180.7	145.4	149.5
Selling, General & Administrative	63.2	62.4	70.2	66.2	62	66.9
Depreciation & Amortization	137.3	148.3	157.8	172.9	166.3	179.6
Other Operating Expenses	107.7	94.6	89.8	107	175.9	112.1
Total Operating Expenses	453.2	462.9	508.3	526.8	549.6	508.1
Operating Income	97.3	48.7	30.8	72.3	82.6	-8
Interest Expense	-248	-261.1	-259.2	-220.8	-192.4	-201.9
Currency Exchange Gain (Loss)	-3.2	-	-	-	-	-
Other Non-Operating Income	-	4.2	-5	36.1	-5	-2.3
EBT Excluding Unusual Items	-153.9	-208.2	-233.4	-112.4	-114.8	-212.2
Gain (Loss) on Sale of Investments	62.7	26.3	-229.3	119.3	210.4	34.9
Gain (Loss) on Sale of Assets	112.7	160.1	127.6	103.7	412.7	338
Other Unusual Items	-3.5	-1.7	-1.6	27.5	-45.7	-9.3
Pretax Income	18	-23.5	-336.7	138.1	462.6	151.4
Income Tax Expense	8.5	10.2	-55.3	36.2	126.2	43.6
Earnings From Continuing Operations	9.5	-33.7	-281.4	101.9	336.4	107.8
Minority Interest in Earnings	-1.3	0.7	-22.4	-8.2	-6	2.3
Net Income	8.2	-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	-35.3	-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)	-0.26%	-0.83%	0.26%	-1.12%	-0.15%	-0.82%
EPS (Basic)	-0.26	-0.56	-2.46	0.47	2.26	0.66
EPS (Diluted)	-0.27	-0.56	-2.46	0.47	2.24	0.66
EPS Growth	-	-	-	-79.02%	239.39%	-58.23%
Dividend Per Share	0.480	0.600	0.960	0.960	0.900	0.880
Dividend Growth	-33.33%	-37.50%	-	6.67%	2.27%	3.53%
Operating Margin	17.68%	9.52%	5.71%	12.07%	13.06%	-1.60%
Profit Margin	-6.41%	-14.95%	-63.40%	10.82%	49.54%	18.58%
EBITDA	234.7	195.4	183.1	237.2	255.7	161.4
EBITDA Margin	42.63%	38.19%	33.96%	39.59%	40.45%	32.27%
D&A For Ebitda	137.4	146.7	152.3	164.9	173.1	169.4
EBIT	97.3	48.7	30.8	72.3	82.6	-8
EBIT Margin	17.68%	9.52%	5.71%	12.07%	13.06%	-1.60%
Effective Tax Rate	47.22%	-	-	26.21%	27.28%	28.80%
Revenue as Reported	515.9	531.4	562.6	540	453.6	454

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

SEC Filings: 10-K · 10-Q