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KRC Price Correlated With Financials For Kilroy Realty

Free historical financial statements for Kilroy Realty Corp.. See how revenue, income, cash flow, and balance sheet financials have changed over 45 quarters since 2011. Compare with KRC stock chart to see long term trends.

KRC Stock Compared to Quarterly

KRC Income Statement

Revenue, Net:265501000
Revenue Per Share:2.2748
Selling, General & Admin Expense:22781000
Total Operating Expenses:185574000
Net Income:59383000
Earnings Per Share, Basic:0.45
Shares Outstanding, Basic Avg:116716080

KRC Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:88660000
Net Cash from Operations:178659000
Net Cash from Operations Per Share:1.5307
Cash Dividends Paid:63196000
Net Cash from Financing Activities:-91676000
Net Cash from Investing Activities:-169374000
Net Change in Cash & Equivalents:-82391000

KRC Balance Sheet

Cash and Cash Equivalents:344692000
Accounts Receivable, Net:12107000
Property, Plant & Equipment, Net:9348589000
Total Assets:10564822000
Total Liabilities:4899061000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group Inc
16,143,034 sh
75,015 sh
0%
$1,233,652
$165,771
Blackrock Inc.
12,699,842 sh
-500,510 sh
-4%
$970,522
$93,227
Principal Financial Group Inc
6,678,743 sh
189,282 sh
3%
$510,389
$79,119
Apg Asset Management Us Inc.
5,782,000 sh
 
$441,860
JPMorgan Chase & Co
4,975,750 sh
2,637,485 sh
113%
$380,246
$224,844
Canada Pension Plan Investment Board
3,469,417 sh
-69,336 sh
-2%
$265,133
$29,947
Centersquare Investment Management LLC
3,247,850 sh
399,435 sh
14%
$248,201
$58,896
Boston Partners
2,094,333 sh
52,532 sh
3%
$160,030
$24,312
Dimensional Fund Advisors LP
1,855,512 sh
-18,282 sh
-1%
$141,803
$17,270
Geode Capital Management, LLC
1,684,156 sh
4,328 sh
0%
$128,703
$17,062
Oaktree Capital Management LP
1,535,011 sh
 
$117,305
Northern Trust Corp
1,368,491 sh
-108,895 sh
-7%
$104,580
$6,392
Bank Of New York Mellon Corp
1,340,533 sh
53,850 sh
4%
$102,444
$16,931
Charles Schwab Investment Management Inc
1,233,665 sh
37,655 sh
3%
$94,277
$14,790
Morgan Stanley
1,091,957 sh
218,987 sh
25%
$83,447
$25,430
Deutsche Bank Ag\
1,025,343 sh
991,813 sh
2958%
$78,357
$76,129
Sumitomo Mitsui Trust Holdings, Inc.
755,738 sh
-34,038 sh
-4%
$57,753
$5,264
Lasalle Investment Management Securities LLC
739,322 sh
-34,220 sh
-4%
$56,499
$5,089
AEW Capital Management L P
695,878 sh
-123,122 sh
-15%
$53,179
-$1,252
Migdal Insurance & Financial Holdings Ltd.
695,200 sh
-332,000 sh
-32%
$53,489
-$15,313
COMPANY PROFILE
Organization and Ownership Kilroy Realty Corporation (the “Company”) is a self-administered real estate investment trust (“REIT”) active in premier office, life science and mixed-use submarkets in the United States. We own, develop, acquire and manage real estate assets, consisting primarily of Class A properties in Greater Los Angeles, San Diego County, the San Francisco Bay Area, Greater Seattle and Austin, Texas, which we believe have strategic advantages and strong barriers to entry. Class A real estate encompasses attractive and efficient buildings of high quality that are attractive to tenants, are well-designed and constructed with above-average material, workmanship and finishes and are well-maintained and managed. We qualify as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”). The Company’s common stock is publicly traded on the New York Stock Exchange (“NYSE”) under the ticker symbol “KRC.”

We own our interests in all of our real estate assets through Kilroy Realty, L.P. (the “Operating Partnership”). We generally conduct substantially all of our operations through the Operating Partnership. Unless stated otherwise or the context indicates otherwise, the terms “Kilroy Realty Corporation” or the “Company,” “we,” “our,” and “us” refer to Kilroy Realty Corporation and its consolidated subsidiaries and the term “Operating Partnership” refers to Kilroy Realty, L.P. and its consolidated subsidiaries. The descriptions of our business, employees, and properties apply to both the Company and the Operating Partnership.

Our stabilized portfolio of operating properties was comprised of the following properties at December 31, 2021:

Number of Buildings Rentable Square Feet (unaudited) Number of Tenants Percentage

Occupied

(unaudited) (1)

Percentage Leased (unaudited) Stabilized Office Properties (2)

120 15,456,528 422 91.9 % 93.9 %

_______________________

(1) Represents economic occupancy.

(2) Includes stabilized life science and retail space.

Number of Projects Number of Units 2021 Average Occupancy (unaudited) Stabilized Residential Properties 3 1,001 78.0 %

Our stabilized portfolio includes all of our properties with the exception of development properties currently committed for construction, under construction, or in the tenant improvement phase, redevelopment properties under construction, undeveloped land and real estate assets held for sale. We define redevelopment properties as those properties for which we expect to spend significant development and construction costs on the existing or acquired buildings pursuant to a formal plan, the intended result of which is a higher economic return on the property. We define properties in the tenant improvement phase as office and life science properties that we are developing or redeveloping where the project has reached cold shell condition and is ready for tenant improvements, which may require additional major base building construction before being placed in service. Projects in the tenant improvement phase are added to our stabilized portfolio once the project reaches the earlier of 95% occupancy or one year from the date of the cessation of major base building construction activities. Costs capitalized to construction in progress for development and redevelopment properties are transferred to land and improvements, buildings and improvements, and deferred leasing costs on our consolidated balance sheets at the historical cost of the property as the projects or phases of projects are placed in service.

During the year ended December 31, 2021, we added four development projects to our stabilized portfolio consisting of six buildings totaling 1,109,509 square feet of office and life science space in San Diego and South San Francisco, California and 193 residential units in Hollywood, California. We did not have any properties held for sale at December 31, 2021. As of December 31, 2021, the following properties were excluded from

Data imported from Kilroy Realty Corp. SEC filings. Check original filings before making any investment decision.