← KILROY REALTY CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $193.4m | $57.6m | $51.6m | $60.0m | $732.0m | $414.1m | $347.4m | $510.2m | $165.7m | $179.3m | |
| Deferred rent receivables, net | $219.0m | $246.4m | $267.0m | $337.9m | $386.7m | $405.7m | $452.2m | $461.0m | $452.0m | $424.8m | |
| Prepaid expenses and other assets, net | $70.6m | $114.7m | $52.9m | $55.7m | $53.6m | $58.0m | $62.4m | $53.1m | $51.9m | $54.6m | |
| Deferred leasing costs and acquisition-related intangible assets, net | $208.4m | $183.7m | $197.6m | $212.8m | $210.9m | $234.5m | $250.8m | $229.7m | $225.9m | $278.2m | |
| Deferred revenue and acquisition-related intangible liabilities, net | $150.4m | $145.9m | $149.6m | $139.5m | $128.5m | $171.2m | $196.0m | $173.6m | $142.4m | $125.6m | |
| Real estate and other assets held for sale, net | — | — | — | — | — | — | — | — | $0 | $115.2m | |
| Right of use ground lease assets, net | — | — | — | $96.3m | $95.5m | $127.3m | $126.5m | $125.5m | $129.2m | $128.1m | |
| Land | $1.1b | $1.1b | $1.2b | $1.5b | $1.6b | $1.7b | $1.7b | $1.7b | $1.8b | $1.6b | |
| Buildings and improvements | $4.9b | $4.9b | $5.2b | $5.9b | $6.8b | $7.5b | $8.3b | $8.5b | $8.6b | $8.5b | |
| Undeveloped land and construction in progress | $1.0b | $1.4b | $2.1b | $2.3b | $1.8b | $2.0b | $1.7b | $2.0b | $2.3b | $2.4b | |
| Accumulated depreciation and amortization | ($1.1b) | ($1.3b) | ($1.4b) | ($1.6b) | ($1.8b) | ($2.0b) | ($2.2b) | ($2.5b) | ($2.8b) | ($2.8b) | |
| Marketable securities | $14.8m | $20.7m | $21.8m | $27.1m | $27.5m | $27.5m | $23.5m | $284.7m | $28.0m | $30.8m | |
| Current receivables (net of allowances of $244 and $314 as of December 31, 2025 and 2024, respectively) | — | — | — | — | $12.0m | $14.4m | $20.6m | $13.6m | $11.0m | $12.8m | |
| Secured debt, net | $472.8m | $340.8m | $335.5m | $258.6m | $253.6m | $248.4m | $242.9m | $603.2m | $598.2m | $592.7m | |
| Unsecured debt, net | $1.8b | $2.0b | $2.6b | $3.0b | $3.7b | $3.8b | $4.0b | $4.3b | $4.0b | $4.0b | |
| Ground lease liabilities | — | — | — | $98.4m | $97.8m | $125.5m | $125.0m | $124.4m | $128.4m | $127.6m | |
| Rents received in advance and tenant security deposits | $52.1m | $56.5m | $60.2m | $66.5m | $68.9m | $75.0m | $81.4m | $79.4m | $71.0m | $75.7m | |
| Liabilities related to real estate assets held for sale | — | — | — | — | — | — | — | — | $0 | $4.9m | |
| Common units of the Operating Partnership | $85.6m | $77.9m | $79.0m | $81.9m | $49.9m | $53.7m | $53.5m | $53.3m | $52.5m | $51.9m | |
| Consolidated property partnerships | — | — | — | — | $197.5m | $196.1m | — | — | $174.4m | $165.0m | |
| Total real estate assets held for investment | $7.1b | $7.4b | $8.4b | $9.6b | $10.2b | $11.3b | $11.7b | $12.2b | $12.7b | $12.5b | |
| Total real estate assets held for investment, net | $5.9b | $6.2b | $7.0b | $8.1b | $8.4b | $9.3b | $9.5b | $9.7b | $9.8b | $9.7b | |
| Total stockholders’ equity | $3.5b | $3.7b | $3.9b | $4.3b | $5.0b | $5.4b | $5.4b | $5.4b | $5.4b | $5.4b | |
| Total noncontrolling interests | $216.3m | $259.5m | $271.4m | $277.3m | $247.4m | $249.8m | $237.9m | $231.5m | $226.8m | $216.9m | |
| Total equity | $3.8b | $4.0b | $4.2b | $4.6b | $5.3b | $5.7b | $5.7b | $5.7b | $5.6b | $5.6b | |
| Total assets | $6.7b | $6.8b | $7.8b | $8.9b | $10.0b | $10.6b | $10.8b | $11.4b | $10.9b | $10.9b | |
| Accounts payable, accrued expenses, and other liabilities | $202.4m | $249.6m | $374.4m | $418.8m | $445.1m | $391.3m | $392.4m | $371.2m | $285.0m | $289.0m | |
| Accrued dividends and distributions | $222.3m | $43.4m | $47.6m | $53.2m | $59.4m | $61.9m | $64.3m | $64.4m | $64.8m | $65.0m | |
| Total liabilities | $2.9b | $2.8b | $3.6b | $4.3b | $4.7b | $4.9b | $5.1b | $5.7b | $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 | 932k | 986k | 1.0m | 1.1m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | 1.2m | |
| Additional paid-in capital | $3.5b | $3.8b | $4.0b | $4.4b | $5.1b | $5.2b | $5.2b | $5.2b | $5.2b | $5.2b | |
| Retained earnings | ($108.0m) | ($122.7m) | ($48.1m) | ($58.5m) | ($103.1m) | $283.7m | $265.1m | $221.1m | $171.2m | $188.9m | |
| Total liabilities and equity | $6.7b | $6.8b | $7.8b | $8.9b | $10.0b | $10.6b | $10.8b | $11.4b | $10.9b | $10.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.