Kilroy Realty Corp
Kilroy Realty Corporation is a leading U.S. landlord and developer, with operations in the San Francisco Bay Area, Los Angeles, Seattle, San Diego, and Austin. The Company has earned global recognition for sustainability, building operations, innovation, and design. As a pioneer and innovator in the creation of a more sustainable real estate industry, the Company's approach to modern business env… Read more
Kilroy Realty Corp (KRC) - Net Assets
Latest net assets as of December 2025: $7.26 Billion USD
Based on the latest financial reports, Kilroy Realty Corp (KRC) has net assets worth $7.26 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.54 Billion) and total liabilities ($5.28 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.26 Billion |
| % of Total Assets | 57.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | 27.56% |
| 10-Year Change | 93.06% |
| Growth Volatility | 16.05 |
Kilroy Realty Corp - Net Assets Trend (1996–2025)
This chart illustrates how Kilroy Realty Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kilroy Realty Corp (1996–2025)
The table below shows the annual net assets of Kilroy Realty Corp from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.26 Billion | +29.40% |
| 2024-12-31 | $5.61 Billion | -0.90% |
| 2023-12-31 | $5.66 Billion | -0.27% |
| 2022-12-31 | $5.67 Billion | -0.26% |
| 2021-12-31 | $5.69 Billion | +7.82% |
| 2020-12-31 | $5.28 Billion | +15.46% |
| 2019-12-31 | $4.57 Billion | +8.80% |
| 2018-12-31 | $4.20 Billion | +6.08% |
| 2017-12-31 | $3.96 Billion | +5.35% |
| 2016-12-31 | $3.76 Billion | +16.22% |
| 2015-12-31 | $3.23 Billion | +18.75% |
| 2014-12-31 | $2.72 Billion | +8.26% |
| 2013-12-31 | $2.52 Billion | +12.53% |
| 2012-12-31 | $2.24 Billion | +68.43% |
| 2011-12-31 | $1.33 Billion | +18.77% |
| 2010-12-31 | $1.12 Billion | +26.46% |
| 2009-12-31 | $883.84 Million | +16.59% |
| 2008-12-31 | $758.07 Million | -5.86% |
| 2007-12-31 | $805.24 Million | +2.24% |
| 2006-12-31 | $787.56 Million | +22.41% |
| 2005-12-31 | $643.37 Million | -6.31% |
| 2004-12-31 | $686.68 Million | +1.82% |
| 2003-12-31 | $674.41 Million | +2.08% |
| 2002-12-31 | $660.67 Million | +0.38% |
| 2001-12-31 | $658.17 Million | -1.49% |
| 2000-12-31 | $668.16 Million | -5.49% |
| 1999-12-31 | $706.98 Million | +7.71% |
| 1998-12-31 | $656.40 Million | +45.11% |
| 1997-12-31 | $452.33 Million | +497.56% |
| 1996-12-31 | $-113.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kilroy Realty Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 30265300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $188.88 Million | 3.48% |
| Common Stock | $1.18 Million | 0.02% |
| Other Components | $5.23 Billion | 96.49% |
| Total Equity | $5.42 Billion | 100.00% |
Kilroy Realty Corp Competitors by Market Cap
The table below lists competitors of Kilroy Realty Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guaranty Trust Holding Co. PLC GDR
LSE:GTCO
|
$2.84 Billion |
|
Corcept Therapeutics Incorporated
NASDAQ:CORT
|
$2.84 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
$2.84 Billion |
|
Synaptics Incorporated
NASDAQ:SYNA
|
$2.84 Billion |
|
Nichirei Corporation
PINK:NCHEY
|
$2.83 Billion |
|
Kennametal Inc
NYSE:KMT
|
$2.83 Billion |
|
SBM Offshore NV
PINK:SBFFF
|
$2.83 Billion |
|
PVH Corp
NYSE:PVH
|
$2.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kilroy Realty Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,382,046,000 to 5,420,807,000, a change of 38,761,000 (0.7%).
- Net income of 276,100,000 contributed positively to equity growth.
- Dividend payments of 257,861,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $276.10 Million | +5.09% |
| Dividends Paid | $257.86 Million | -4.76% |
| Other Changes | $20.52 Million | +0.38% |
| Total Change | $- | 0.72% |
Book Value vs Market Value Analysis
This analysis compares Kilroy Realty Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.63x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $-7.86 | $28.66 | x |
| 1997-12-31 | $21.38 | $28.66 | x |
| 1998-12-31 | $17.59 | $28.66 | x |
| 1999-12-31 | $17.06 | $28.66 | x |
| 2000-12-31 | $16.50 | $28.66 | x |
| 2001-12-31 | $16.10 | $28.66 | x |
| 2002-12-31 | $15.87 | $28.66 | x |
| 2003-12-31 | $17.66 | $28.66 | x |
| 2004-12-31 | $19.45 | $28.66 | x |
| 2005-12-31 | $18.09 | $28.66 | x |
| 2006-12-31 | $21.48 | $28.66 | x |
| 2007-12-31 | $21.31 | $28.66 | x |
| 2008-12-31 | $20.08 | $28.66 | x |
| 2009-12-31 | $22.07 | $28.66 | x |
| 2010-12-31 | $21.95 | $28.66 | x |
| 2011-12-31 | $22.81 | $28.66 | x |
| 2012-12-31 | $31.44 | $28.66 | x |
| 2013-12-31 | $31.11 | $28.66 | x |
| 2014-12-31 | $31.38 | $28.66 | x |
| 2015-12-31 | $35.08 | $28.66 | x |
| 2016-12-31 | $38.09 | $28.66 | x |
| 2017-12-31 | $37.49 | $28.66 | x |
| 2018-12-31 | $39.11 | $28.66 | x |
| 2019-12-31 | $41.34 | $28.66 | x |
| 2020-12-31 | $44.23 | $28.66 | x |
| 2021-12-31 | $46.52 | $28.66 | x |
| 2022-12-31 | $46.38 | $28.66 | x |
| 2023-12-31 | $46.19 | $28.66 | x |
| 2024-12-31 | $45.55 | $28.66 | x |
| 2025-12-31 | $45.55 | $28.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kilroy Realty Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.81%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.31x
- Recent ROE (5.09%) is below the historical average (6.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 0.00% | 33.87% | 0.31x | 0.00x | $24.64 Million |
| 1997 | 6.23% | 35.79% | 0.09x | 1.91x | $-14.95 Million |
| 1998 | 8.16% | 28.49% | 0.12x | 2.32x | $-8.77 Million |
| 1999 | 8.44% | 24.98% | 0.12x | 2.79x | $-7.40 Million |
| 2000 | 10.61% | 25.04% | 0.13x | 3.30x | $2.70 Million |
| 2001 | 8.72% | 18.33% | 0.14x | 3.31x | $-5.63 Million |
| 2002 | 9.16% | 19.95% | 0.13x | 3.42x | $-3.69 Million |
| 2003 | 10.13% | 21.78% | 0.15x | 3.09x | $625.00K |
| 2004 | 5.42% | 13.52% | 0.14x | 2.89x | $-25.33 Million |
| 2005 | 6.51% | 13.99% | 0.14x | 3.22x | $-18.11 Million |
| 2006 | 12.14% | 32.58% | 0.14x | 2.67x | $14.43 Million |
| 2007 | 16.42% | 44.04% | 0.12x | 2.98x | $44.49 Million |
| 2008 | 6.73% | 15.22% | 0.14x | 3.20x | $-21.49 Million |
| 2009 | 4.33% | 13.24% | 0.13x | 2.44x | $-48.50 Million |
| 2010 | 1.81% | 6.53% | 0.11x | 2.59x | $-88.93 Million |
| 2011 | 5.10% | 17.98% | 0.11x | 2.66x | $-63.36 Million |
| 2012 | 12.37% | 66.91% | 0.09x | 2.11x | $51.95 Million |
| 2013 | 1.78% | 9.43% | 0.09x | 2.08x | $-202.25 Million |
| 2014 | 6.76% | 34.54% | 0.09x | 2.11x | $-86.40 Million |
| 2015 | 7.38% | 40.27% | 0.10x | 1.87x | $-83.02 Million |
| 2016 | 8.29% | 45.72% | 0.10x | 1.89x | $-60.51 Million |
| 2017 | 4.45% | 22.89% | 0.11x | 1.84x | $-205.47 Million |
| 2018 | 6.58% | 34.58% | 0.10x | 1.98x | $-134.58 Million |
| 2019 | 4.55% | 23.34% | 0.09x | 2.07x | $-233.91 Million |
| 2020 | 3.72% | 20.83% | 0.09x | 1.99x | $-315.89 Million |
| 2021 | 11.55% | 65.77% | 0.09x | 1.95x | $84.14 Million |
| 2022 | 4.28% | 21.20% | 0.10x | 1.99x | $-311.09 Million |
| 2023 | 3.91% | 18.79% | 0.10x | 2.10x | $-330.58 Million |
| 2024 | 3.92% | 18.58% | 0.10x | 2.02x | $-327.24 Million |
| 2025 | 5.09% | 24.81% | 0.09x | 2.31x | $-265.98 Million |
Industry Comparison
This section compares Kilroy Realty Corp's net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $2,268,054,983
- Average return on equity (ROE) among peers: -2.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kilroy Realty Corp (KRC) | $7.26 Billion | 0.00% | 0.73x | $2.83 Billion |
| Allied Properties Real Estate Investment Trust (APYRF) | $5.56 Billion | -6.16% | 0.91x | $973.59 Million |
| Alexandria Real Estate Equities Inc (ARE) | $2.36 Billion | 5.69% | 1.31x | $7.44 Billion |
| Brandywine Realty Trust (BDN) | $1.04 Billion | -18.75% | 2.34x | $486.25 Million |
| BTB Real Estate Investment Trust (BTBIF) | $24.44 Million | -1.89% | 0.53x | $199.14 Million |
| Boston Properties Inc (BXP) | $7.93 Billion | 6.45% | 1.38x | $7.69 Billion |
| COPT Defense Properties (CDP) | $1.72 Billion | 5.66% | 1.37x | $3.59 Billion |
| City Office (CIO) | $359.83 Million | 1.60% | 1.49x | $2.76 Million |
| CLS Holdings plc (CLIHF) | $929.20 Million | -26.88% | 1.33x | $263.93 Million |
| Creative Media & Community Trust Corporation (CMCT) | $157.02 Million | 7.19% | 0.65x | $383.88K |
| Cromwell Property Group (CMWCF) | $2.59 Billion | 6.99% | 0.93x | $445.64 Million |