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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	390.5	390.6	415.3	434.9	390.5	403.9
Property Management Fees	102.6	98.9	61.9	44.8	35.3	22.5
Other Revenue	-7.4	-9.1	35.8	107.7	197.8	73.7
Total Revenue	514.6	511.6	539.1	599.1	632.2	500.1
Revenue Growth (YoY	-3.16%	-5.10%	-10.02%	-5.24%	26.41%	-21.93%
Property Expenses	150.9	157.6	190.5	180.7	145.4	149.5
Selling, General & Administrative	65.6	62.4	70.2	66.2	62	66.9
Depreciation & Amortization	143.5	148.3	157.8	172.9	166.3	179.6
Other Operating Expenses	95.6	94.6	89.8	107	175.9	112.1
Total Operating Expenses	455.6	462.9	508.3	526.8	549.6	508.1
Operating Income	59	48.7	30.8	72.3	82.6	-8
Interest Expense	-257.8	-261.1	-259.2	-220.8	-192.4	-201.9
Currency Exchange Gain (Loss)	-6.8	-	-	-	-	-
Other Non-Operating Income	-1.4	4.2	-5	36.1	-5	-2.3
EBT Excluding Unusual Items	-207	-208.2	-233.4	-112.4	-114.8	-212.2
Gain (Loss) on Sale of Investments	33.3	26.3	-229.3	119.3	210.4	34.9
Gain (Loss) on Sale of Assets	53.3	160.1	127.6	103.7	412.7	338
Other Unusual Items	-2	-1.7	-1.6	27.5	-45.7	-9.3
Pretax Income	-122.4	-23.5	-336.7	138.1	462.6	151.4
Income Tax Expense	-21.4	10.2	-55.3	36.2	126.2	43.6
Earnings From Continuing Operations	-101	-33.7	-281.4	101.9	336.4	107.8
Minority Interest in Earnings	0.3	0.7	-22.4	-8.2	-6	2.3
Net Income	-100.7	-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	-144.2	-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)	-1.05%	-0.83%	0.26%	-1.12%	-0.15%	-0.82%
EPS (Basic)	-1.05	-0.56	-2.46	0.47	2.26	0.66
EPS (Diluted)	-1.05	-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	-50.00%	-37.50%	-	6.67%	2.27%	3.53%
Operating Margin	11.46%	9.52%	5.71%	12.07%	13.06%	-1.60%
Profit Margin	-28.02%	-14.95%	-63.40%	10.82%	49.54%	18.58%
EBITDA	200.6	195.4	183.1	237.2	255.7	161.4
EBITDA Margin	38.98%	38.19%	33.96%	39.59%	40.45%	32.27%
D&A For Ebitda	141.6	146.7	152.3	164.9	173.1	169.4
EBIT	59	48.7	30.8	72.3	82.6	-8
EBIT Margin	11.46%	9.52%	5.71%	12.07%	13.06%	-1.60%
Effective Tax Rate	-	-	-	26.21%	27.28%	28.80%
Revenue as Reported	523.3	531.4	562.6	540	453.6	454

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q