KRC on NYSE
KILROY REALTY CORP
American real estate investment trust, incorporated in Maryland.
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with DDR Corp., MacKenzie Realty Capital, Inc. or Sunrise Realty Trust, Inc., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of operating cash went, fiscal 2025
- Dividends paid46¢$257.9M
- Kept or used elsewhere54¢$308.5M
Out of $566.3M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Rental income | $1.1B | $1.1B | $1.1B |
| Other property income | $19.1M | $17.5M | $12.0M |
| Total revenues | $1.1B | $1.1B | $1.1B |
| Property expenses | $243.7M | $243.4M | $229.0M |
| Real estate taxes | $107.6M | $109.0M | $105.9M |
| Ground leases | $12.0M | $11.7M | $9.7M |
| General and administrative expenses | $73.1M | $71.1M | $94.3M |
| Leasing costs | $10.4M | $8.8M | $6.5M |
| Depreciation and amortization | $354.9M | $356.2M | $355.3M |
| Total expenses | $801.7M | $800.1M | $800.6M |
| Interest income | $7.0M | $37.8M | $22.6M |
| Interest expense | -$126.3M | -$145.3M | -$114.2M |
| Other income (expense) | $168.0K | -$992.0K | $830.0K |
| Gains on sales of depreciable operating properties | $127.0M | $0 | $0 |
| Impairment of real estate assets | -$16.3M | $0 | $0 |
| Gain on sale of long-lived assets | $0 | $6.0M | $0 |
| Total other expenses | -$8.4M | -$102.5M | -$90.8M |
| Net income | $302.6M | $233.0M | $238.3M |
| Net income attributable to noncontrolling common units of the Operating Partnership | -$2.7M | -$2.1M | -$2.1M |
| Net income attributable to noncontrolling interests in consolidated property partnerships | -$23.8M | -$19.9M | -$24.0M |
| Total net income attributable to noncontrolling interests | -$26.5M | -$22.0M | -$26.0M |
| Net income available to common stockholders | $276.1M | $211.0M | $212.2M |
| Net income available to common stockholders per share - basic ( in dollars per share) | $2.33 | $1.78 | $1.80 |
| Net income available to common stockholders per share - diluted (in dollars per share) | $2.32 | $1.77 | $1.80 |
| Weighted average common units outstanding - basic (in shares) | 118.3M shares | 117.6M shares | 117.2M shares |
| Weighted average shares of common stock outstanding diluted (in shares) | 118.8M shares | 118.2M shares | 117.5M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Land | $1.6B | $1.8B | ||
| Buildings and improvements | $8.5B | $8.6B | ||
| Undeveloped land and construction in progress | $2.4B | $2.3B | ||
| Total real estate assets held for investment | $12.5B | $12.7B | $12.2B | $11.7B |
| Accumulated depreciation and amortization | -$2.8B | -$2.8B | ||
| Total real estate assets held for investment, net | $9.7B | $9.8B | ||
| Real estate and other assets held for sale, net | $115.2M | $0 | ||
| Cash and cash equivalents | $179.3M | $165.7M | ||
| Marketable securities | $30.8M | $28.0M | ||
| Current receivables (net of allowances of $244 and $314 as of December 31, 2025 and 2024, respectively) | $12.8M | $11.0M | ||
| Deferred rent receivables, net | $424.8M | $452.0M | ||
| Deferred leasing costs and acquisition-related intangible assets, net | $278.2M | $225.9M | ||
| Right of use ground lease assets, net | $128.1M | $129.2M | ||
| Prepaid expenses and other assets, net | $54.6M | $51.9M | ||
| Total assets | $10.9B | $10.9B | ||
| Secured debt, net | $592.7M | $598.2M | ||
| Unsecured debt, net | $4.0B | $4.0B | ||
| Accounts payable, accrued expenses, and other liabilities | $289.0M | $285.0M | ||
| Ground lease liabilities | $127.6M | $128.4M | ||
| Accrued dividends and distributions | $65.0M | $64.8M | ||
| Deferred revenue and acquisition-related intangible liabilities, net | $125.6M | $142.4M | ||
| Rents received in advance and tenant security deposits | $75.7M | $71.0M | ||
| Liabilities related to real estate assets held for sale | $4.9M | $0 | ||
| Total liabilities | $5.3B | $5.3B | ||
| Common stock, $.01 par value, 280,000,000 shares authorized, 118,372,451 and 118,046,674 shares issued and outstanding | $1.2M | $1.2M | ||
| Additional paid-in capital | $5.2B | $5.2B | ||
| Retained earnings | $188.9M | $171.2M | ||
| Total stockholders equity | $5.4B | $5.4B | ||
| Common units of the Operating Partnership | $51.9M | $52.5M | ||
| Consolidated property partnerships | $165.0M | $174.4M | ||
| Total noncontrolling interests | $216.9M | $226.8M | ||
| Total equity | $5.6B | $5.6B | $5.7B | $5.7B |
| Total liabilities and equity | $10.9B | $10.9B | ||
| Current receivables, net of allowances | $244.0K | $314.0K | ||
| Common stock, par value ( in dollars per share) | $0.01 | $0.01 | ||
| Common stock, authorized (in shares) | 280.0M shares | 280.0M shares | ||
| Common stock, shares issued (in shares) | 118.4M shares | 118.0M shares | ||
| Common stock, shares outstanding (in shares) | 118.4M shares | 118.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Land | $1.6B | $1.8B | ||
| Buildings and improvements | $8.5B | $8.6B | ||
| Undeveloped land and construction in progress | $2.4B | $2.3B | ||
| Total real estate assets held for investment | $12.5B | $12.7B | $12.2B | $11.7B |
| Accumulated depreciation and amortization | -$2.8B | -$2.8B | ||
| Total real estate assets held for investment, net | $9.7B | $9.8B | ||
| Real estate and other assets held for sale, net | $115.2M | $0 | ||
| Cash and cash equivalents | $179.3M | $165.7M | ||
| Marketable securities | $30.8M | $28.0M | ||
| Current receivables (net of allowances of $244 and $314 as of December 31, 2025 and 2024, respectively) | $12.8M | $11.0M | ||
| Deferred rent receivables, net | $424.8M | $452.0M | ||
| Deferred leasing costs and acquisition-related intangible assets, net | $278.2M | $225.9M | ||
| Right of use ground lease assets, net | $128.1M | $129.2M | ||
| Prepaid expenses and other assets, net | $54.6M | $51.9M | ||
| Total assets | $10.9B | $10.9B | ||
| Secured debt, net | $592.7M | $598.2M | ||
| Unsecured debt, net | $4.0B | $4.0B | ||
| Accounts payable, accrued expenses, and other liabilities | $289.0M | $285.0M | ||
| Ground lease liabilities | $127.6M | $128.4M | ||
| Accrued dividends and distributions | $65.0M | $64.8M | ||
| Deferred revenue and acquisition-related intangible liabilities, net | $125.6M | $142.4M | ||
| Rents received in advance and tenant security deposits | $75.7M | $71.0M | ||
| Liabilities related to real estate assets held for sale | $4.9M | $0 | ||
| Total liabilities | $5.3B | $5.3B | ||
| Common stock, $.01 par value, 280,000,000 shares authorized, 118,372,451 and 118,046,674 shares issued and outstanding | $1.2M | $1.2M | ||
| Additional paid-in capital | $5.2B | $5.2B | ||
| Retained earnings | $188.9M | $171.2M | ||
| Total stockholders equity | $5.4B | $5.4B | ||
| Common units of the Operating Partnership | $51.9M | $52.5M | ||
| Consolidated property partnerships | $165.0M | $174.4M | ||
| Total noncontrolling interests | $216.9M | $226.8M | ||
| Total equity | $5.6B | $5.6B | $5.7B | $5.7B |
| Total liabilities and equity | $10.9B | $10.9B | ||
| Current receivables, net of allowances | $244.0K | $314.0K | ||
| Common stock, par value ( in dollars per share) | $0.01 | $0.01 | ||
| Common stock, authorized (in shares) | 280.0M shares | 280.0M shares | ||
| Common stock, shares issued (in shares) | 118.4M shares | 118.0M shares | ||
| Common stock, shares outstanding (in shares) | 118.4M shares | 118.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $302.6M | $233.0M | $238.3M |
| Depreciation and amortization of real estate assets and leasing costs | $349.3M | $349.8M | $348.1M |
| Depreciation of non-real estate furniture, fixtures, and equipment | $5.6M | $6.4M | $7.2M |
| Revenues deemed uncollectible | $1.5M | $2.4M | $11.6M |
| Non-cash amortization of deferred revenue related to tenant-funded tenant improvements | -$14.6M | -$17.6M | -$19.2M |
| Straight-line rents, net | $11.6M | $3.2M | -$19.3M |
| Non-cash amortization of net below-market rents | -$3.1M | -$3.5M | -$6.6M |
| Non-cash amortization of deferred financing costs and debt discounts | $4.8M | $6.9M | $5.2M |
| Non-cash amortization of share-based compensation awards | $19.1M | $17.7M | $36.9M |
| Amortization of right of use ground lease assets | $1.1M | $1.1M | $1.0M |
| Gains on sales of depreciable operating properties | -$127.0M | $0 | $0 |
| Impairment of real estate assets | $16.3M | $0 | $0 |
| Gain on sale of long-lived assets | $0 | -$6.0M | $0 |
| Net change in other operating assets | -$11.3M | $1.9M | $2.3M |
| Net change in other operating liabilities | $10.5M | -$54.0M | -$2.8M |
| Net cash provided by operating activities | $566.3M | $541.1M | $602.6M |
| Expenditures for development and redevelopment properties and undeveloped land | -$174.7M | -$365.5M | -$446.4M |
| Expenditures for operating properties and other capital assets | -$116.0M | -$100.3M | -$97.4M |
| Expenditures for acquisitions of operating properties | -$397.3M | -$35.2M | $0 |
| Net proceeds received from dispositions of real estate assets | $447.9M | $0 | $0 |
| Net proceeds received from disposition of long-lived assets | $0 | $19.4M | $0 |
| Maturity (Purchases) of certificates of deposit | $0 | $256.6M | -$256.6M |
| Net cash used in investing activities | -$240.0M | -$225.0M | -$800.4M |
| Distributions to noncontrolling interests in consolidated property partnerships | -$33.2M | -$23.8M | -$30.1M |
| Dividends and distributions paid to common stockholders and common unitholders | -$257.9M | -$256.3M | -$255.4M |
| Taxes paid upon net share settlement of restricted share units | -$6.6M | -$27.6M | -$11.6M |
| Financing costs | -$4.8M | -$18.6M | -$10.9M |
| Principal payments and repayments of secured debt | -$6.2M | -$6.0M | -$5.8M |
| Proceeds from the issuance of unsecured debt | $396.0M | $395.5M | $0 |
| Proceeds from the issuance of secured debt | $0 | $0 | $375.0M |
| Repayments of unsecured debt | -$400.0M | -$723.7M | $0 |
| Borrowings on unsecured debt | $0 | $0 | $320.0M |
| Repurchases of unsecured debt | $0 | $0 | -$20.6M |
| Borrowings on unsecured revolving credit facility | $65.0M | $0 | $0 |
| Repayments on unsecured revolving credit facility | -$65.0M | $0 | $0 |
| Net cash (used in) provided by financing activities | -$312.7M | -$660.6M | $360.6M |
| Net increase (decrease) in cash and cash equivalents and restricted cash | $13.6M | -$344.5M | $162.8M |
No quarter-by-quarter statement was filed.
Leadership
Who has led KILROY REALTY CORP, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerAngela M. Aman Jan 23, 2024 to now13
- Chief executive officerJohn B. Kilroy Jr. Jan 12, 2006 to Jan 12, 202414
- ChairJohn B. Kilroy Jr. Apr 19, 2013 to Jan 12, 202415
- PresidentJustin William Smart Apr 14, 2023 to now16
- PresidentTyler H. Rose Jan 20, 2021 to Feb 2, 202317
- PresidentJohn B. Kilroy Jr. Jan 12, 2006 to Oct 16, 202014
- Chief financial officerJeffrey Kuehling Aug 19, 2024 to now18
- Chief financial officerEliott Trencher Apr 15, 2022 to Jul 12, 202419
- Chief financial officerMichelle Ngo Jan 7, 2021 to Feb 1, 202220
- Chief financial officerTyler H. Rose Jan 4, 2010 to Oct 16, 202021
- Chief financial officerRichard E. Moran Jr. Jan 12, 2006 to Dec 2, 200922
- Chief operating officerJeffrey C. Hawken Jan 12, 2006 to Apr 17, 202023
Board members and other officers (32)
- OfficerJeffrey Kuehling Feb 19, 2025 to now24
- OfficerSherrie Sage Schwartz Mar 12, 2025 to now25
- SVP, Chief Accounting OfficerChandni Jalan Dec 11, 2025 to now26
- OfficerLauren N. Stadler Aug 2, 2024 to now27
- EVP, Head of Asset ManagementJohn Osmond Feb 16, 2022 to now28
- SVP, Chief Investment OfficerEliott Trencher Jan 7, 2021 to now29
- SVP, CAO & ControllerMerryl Elizabeth Werber Mar 6, 2019 to now30
- SVP, Chief Investment OfficerJonathan Praw Sep 5, 2019 to Jul 30, 202031
- EVP, Chief Investment OfficerStephen A. Rosetta Jul 20, 2017 to Jul 23, 201932
- EVP, Northern CaliforniaMichael L. Sanford Feb 26, 2015 to Feb 1, 201633
- OfficerA. Robert Paratte Feb 21, 2014 to now34
- OfficerJustin William Smart Jan 4, 2013 to Feb 8, 202335
- EVP and CIOMarcum David Eli Khouri Jan 5, 2012 to Jul 17, 201536
- SVP, San Diego DevelopmentSteven R. Scott Jan 25, 2006 to Jan 4, 201237
- SVP and TreasurerTyler H. Rose Feb 14, 2006 to Oct 19, 200938
- SVP and ControllerHeidi Rena Roth Feb 17, 2006 to now39
- Board memberCia Buckley Marakovits Feb 26, 2026 to now40
- Board memberDavid Andrew Kieske Feb 26, 2026 to now41
- Board memberAngela M. Aman Feb 5, 2024 to now42
- Board memberDaryl J. Carter May 24, 2024 to now43
- Board memberLouisa Ritter Nov 3, 2020 to now44
- Board memberJolie A. Hunt May 22, 2015 to now45
- Board memberGary R. Stevenson May 23, 2014 to now46
- Board memberPeter B. Stoneberg May 23, 2014 to now47
- Board memberHoward A. Shiebler Jun 27, 2007 to Jun 27, 200748
- Board memberScott S. Ingraham Jun 27, 2007 to now49
- Board memberJohn B. Kilroy Jr. Jan 12, 2006 to Apr 12, 202414
- Board memberDale F. Kinsella May 16, 2006 to Oct 17, 201450
- Board memberEathe John R. D. May 16, 2006 to Jun 8, 200651
- Board memberEdward F. Brennan May 16, 2006 to now52
- Board memberMatthew J. Hart May 16, 2006 to May 16, 200753
- Board memberWilliam P. Dickey May 16, 2006 to Apr 18, 201454
Timeline
Filings
565 filings to the SEC since October 2021: 30 major events, 444 insider forms, 37 large holders, 54 other. The latest 20:
- Aug 12, 2026SCHEDULE 13G/A EDGAR
- Jul 28, 2026S-8 EDGAR
- Jul 27, 20268-K EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 10, 20264 EDGAR
- Jul 8, 2026SCHEDULE 13G/A EDGAR
- Jun 30, 20264 EDGAR
The 565 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 37 such filings since October 2021, the latest 10:
- Aug 12, 2026SCHEDULE 13G/A
- Jul 8, 2026SCHEDULE 13G/A
- May 15, 2026SCHEDULE 13G/A
- May 15, 2026SCHEDULE 13G/A
- May 12, 2026SCHEDULE 13G
- May 11, 2026SCHEDULE 13G/A
- Apr 30, 2026SCHEDULE 13G
- Apr 29, 2026SCHEDULE 13G
- Mar 27, 2026SCHEDULE 13G/A
- Feb 17, 2026SCHEDULE 13G/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 15,505,821 | $581.0M | 0.0% | +456,130 |
| D1 Capital Partners L.P. | 10,498,120 | $393.4M | 1.1% | −776,957 |
| Vanguard Portfolio Management LLC | 9,577,845 | $358.9M | 0.0% | −291,802 |
| State Street Corp | 6,129,792 | $232.8M | 0.0% | −126,971 |
| Vanguard Capital Management LLC | 5,133,295 | $192.3M | 0.0% | −54,637 |
| APG Asset Management US Inc. | 4,701,496 | $184.1M | 1.3% | +8,713 |
| Principal Financial Group Inc | 4,293,258 | $160.9M | 0.1% | −268,985 |
| Route One Investment Company, L.P. | 4,248,213 | $159.2M | 6.6% | +198,650 |
| Daiwa Securities Group Inc. | 4,149,404 | $155.5M | 0.4% | −493,685 |
| Quantinno Capital Management LP | 3,056,142 | $114.5M | 0.1% | +1,641,169 |
| Rush Island Management, LP | 2,945,755 | $110.4M | 7.3% | −1,914,987 |
| Charles Schwab Investment Management Inc | 2,492,758 | $93.4M | 0.0% | +26,786 |
| Geode Capital Management, LLC | 2,383,389 | $89.3M | 0.0% | +7,177 |
| Norges Bank | 2,337,471 | $87.6M | 0.0% | New |
| Resolution Capital Ltd | 1,882,628 | $70.5M | 1.3% | New |
| Oaktree Capital Management LP | 1,850,011 | $69.3M | 1.8% | No change |
| Federated Hermes, Inc. | 1,778,100 | $66.6M | 0.1% | +88,154 |
| UBS Group AG | 1,579,842 | $59.2M | 0.0% | −197,583 |
| Dimensional Fund Advisors LP | 1,564,024 | $58.6M | 0.0% | −153,044 |
| Aqr Capital Management LLC | 1,518,451 | $56.9M | 0.0% | +1,118,476 |
| Victory Capital Management Inc | 1,474,011 | $55.2M | 0.0% | +285,805 |
| Gotham Asset Management, LLC | 1,385,411 | $51.9M | 0.1% | +907,578 |
| Goldman Sachs Group Inc | 1,277,293 | $47.9M | 0.0% | −905,040 |
| Jpmorgan Chase & Co | 1,227,092 | $47.3M | 0.0% | +90,668 |
| Northern Trust Corp | 1,256,255 | $47.1M | 0.0% | −927,059 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Jul 12, 2023 | Daniel S. GoldmanDemocratic, House | Sale | $15,001 - $50,000 | +67.3% | Report |
| Mar 6, 2023 | Daniel S. GoldmanDemocratic, House | Buy | $15,001 - $50,000 | −96.4% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14
- 15SEC EDGARJohn B. Kilroy Jr., Chair
- 16SEC EDGARJustin William Smart, President
- 17SEC EDGARTyler H. Rose, President
- 18
- 19
- 20
- 21
- 22
- 23
- 24SEC EDGARJeffrey Kuehling, Officer
- 25SEC EDGARSherrie Sage Schwartz, Officer
- 26
- 27SEC EDGARLauren N. Stadler, Officer
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- 29
- 30
- 31
- 32
- 33
- 34SEC EDGARA. Robert Paratte, Officer
- 35SEC EDGARJustin William Smart, Officer
- 36SEC EDGARMarcum David Eli Khouri, EVP and CIO
- 37
- 38SEC EDGARTyler H. Rose, SVP and Treasurer
- 39SEC EDGARHeidi Rena Roth, SVP and Controller
- 40SEC EDGARCia Buckley Marakovits, Board member
- 41SEC EDGARDavid Andrew Kieske, Board member
- 42SEC EDGARAngela M. Aman, Board member
- 43SEC EDGARDaryl J. Carter, Board member
- 44SEC EDGARLouisa Ritter, Board member
- 45SEC EDGARJolie A. Hunt, Board member
- 46SEC EDGARGary R. Stevenson, Board member
- 47SEC EDGARPeter B. Stoneberg, Board member
- 48SEC EDGARHoward A. Shiebler, Board member
- 49SEC EDGARScott S. Ingraham, Board member
- 50SEC EDGARDale F. Kinsella, Board member
- 51SEC EDGAREathe John R. D., Board member
- 52SEC EDGAREdward F. Brennan, Board member
- 53SEC EDGARMatthew J. Hart, Board member
- 54SEC EDGARWilliam P. Dickey, Board member