
Kilroy Realty Corp
NYSE:KRC

Income Statement
Earnings Waterfall
Kilroy Realty Corp
Revenue
|
1.1B
USD
|
Cost of Revenue
|
-364.1m
USD
|
Gross Profit
|
771.5m
USD
|
Operating Expenses
|
-437m
USD
|
Operating Income
|
334.5m
USD
|
Other Expenses
|
-125.5m
USD
|
Net Income
|
209m
USD
|
Income Statement
Kilroy Realty Corp
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
522
N/A
|
544
+4%
|
563
+3%
|
576
+2%
|
581
+1%
|
581
0%
|
595
+2%
|
621
+4%
|
643
+3%
|
676
+5%
|
697
+3%
|
710
+2%
|
719
+1%
|
723
+0%
|
729
+1%
|
734
+1%
|
747
+2%
|
766
+2%
|
779
+2%
|
808
+4%
|
838
+4%
|
858
+2%
|
876
+2%
|
889
+1%
|
898
+1%
|
913
+2%
|
919
+1%
|
923
+0%
|
955
+3%
|
985
+3%
|
1 030
+5%
|
1 074
+4%
|
1 097
+2%
|
1 124
+2%
|
1 137
+1%
|
1 145
+1%
|
1 130
-1%
|
1 115
-1%
|
1 112
0%
|
1 118
+1%
|
1 136
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(149)
|
(151)
|
(154)
|
(156)
|
(159)
|
(158)
|
(162)
|
(168)
|
(173)
|
(186)
|
(193)
|
(199)
|
(203)
|
(202)
|
(203)
|
(206)
|
(211)
|
(219)
|
(226)
|
(235)
|
(246)
|
(251)
|
(255)
|
(256)
|
(256)
|
(259)
|
(261)
|
(263)
|
(266)
|
(274)
|
(286)
|
(301)
|
(316)
|
(328)
|
(336)
|
(345)
|
(345)
|
(350)
|
(355)
|
(358)
|
(364)
|
|
Gross Profit |
373
N/A
|
393
+5%
|
409
+4%
|
419
+3%
|
423
+1%
|
422
0%
|
433
+2%
|
454
+5%
|
470
+4%
|
491
+4%
|
504
+3%
|
511
+2%
|
516
+1%
|
520
+1%
|
526
+1%
|
528
+0%
|
537
+2%
|
547
+2%
|
553
+1%
|
573
+4%
|
591
+3%
|
607
+3%
|
622
+3%
|
633
+2%
|
642
+1%
|
654
+2%
|
658
+1%
|
661
+0%
|
689
+4%
|
711
+3%
|
744
+5%
|
773
+4%
|
781
+1%
|
797
+2%
|
802
+1%
|
800
0%
|
785
-2%
|
766
-2%
|
757
-1%
|
760
+0%
|
772
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(249)
|
(254)
|
(256)
|
(255)
|
(253)
|
(253)
|
(256)
|
(265)
|
(274)
|
(289)
|
(297)
|
(305)
|
(310)
|
(316)
|
(330)
|
(336)
|
(350)
|
(376)
|
(376)
|
(385)
|
(369)
|
(372)
|
(388)
|
(386)
|
(389)
|
(407)
|
(386)
|
(391)
|
(406)
|
(432)
|
(453)
|
(462)
|
(456)
|
(463)
|
(457)
|
(463)
|
(455)
|
(444)
|
(438)
|
(438)
|
(437)
|
|
Selling, General & Administrative |
(46)
|
(48)
|
(49)
|
(49)
|
(49)
|
(49)
|
(51)
|
(53)
|
(57)
|
(60)
|
(61)
|
(63)
|
(64)
|
(63)
|
(76)
|
(81)
|
(96)
|
(106)
|
(101)
|
(104)
|
(96)
|
(91)
|
(95)
|
(90)
|
(90)
|
(92)
|
(92)
|
(96)
|
(96)
|
(97)
|
(95)
|
(96)
|
(99)
|
(100)
|
(100)
|
(103)
|
(100)
|
(94)
|
(92)
|
(85)
|
(81)
|
|
Depreciation & Amortization |
(202)
|
(205)
|
(207)
|
(206)
|
(204)
|
(203)
|
(205)
|
(212)
|
(217)
|
(228)
|
(237)
|
(243)
|
(246)
|
(248)
|
(249)
|
(250)
|
(254)
|
(258)
|
(262)
|
(269)
|
(273)
|
(281)
|
(293)
|
(296)
|
(299)
|
(301)
|
(294)
|
(296)
|
(310)
|
(323)
|
(346)
|
(354)
|
(327)
|
(363)
|
(357)
|
(361)
|
(308)
|
(350)
|
(346)
|
(353)
|
(315)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(5)
|
(5)
|
0
|
(13)
|
(13)
|
(13)
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(12)
|
(12)
|
(12)
|
(31)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
(42)
|
|
Operating Income |
124
N/A
|
140
+12%
|
153
+9%
|
164
+8%
|
170
+3%
|
170
+0%
|
177
+4%
|
188
+6%
|
196
+4%
|
202
+3%
|
207
+2%
|
206
0%
|
207
+0%
|
204
-1%
|
196
-4%
|
192
-2%
|
186
-3%
|
170
-9%
|
178
+4%
|
188
+6%
|
222
+18%
|
234
+5%
|
235
+0%
|
247
+5%
|
253
+3%
|
247
-2%
|
272
+10%
|
269
-1%
|
283
+5%
|
279
-1%
|
291
+4%
|
311
+7%
|
325
+4%
|
334
+3%
|
344
+3%
|
337
-2%
|
330
-2%
|
322
-2%
|
319
-1%
|
322
+1%
|
335
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(67)
|
(66)
|
(65)
|
(62)
|
(57)
|
(53)
|
(52)
|
(53)
|
(54)
|
(59)
|
(62)
|
(62)
|
(61)
|
(58)
|
(53)
|
(49)
|
(50)
|
(46)
|
(45)
|
(46)
|
(44)
|
(52)
|
(54)
|
(61)
|
(67)
|
(71)
|
(78)
|
(75)
|
(75)
|
(74)
|
(74)
|
(79)
|
(83)
|
(86)
|
(89)
|
(92)
|
(92)
|
(93)
|
(97)
|
(101)
|
(108)
|
|
Non-Reccuring Items |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
0
|
(1)
|
(1)
|
(5)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(14)
|
(14)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
4
|
21
|
49
|
127
|
127
|
256
|
224
|
164
|
164
|
20
|
21
|
40
|
40
|
38
|
38
|
0
|
155
|
0
|
162
|
162
|
37
|
0
|
0
|
30
|
36
|
493
|
493
|
493
|
463
|
6
|
5
|
23
|
17
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
155
|
0
|
0
|
0
|
37
|
30
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
17
|
18
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
59
N/A
|
93
+56%
|
135
+46%
|
229
+69%
|
239
+4%
|
373
+56%
|
348
-7%
|
298
-14%
|
304
+2%
|
163
-46%
|
164
+1%
|
184
+12%
|
181
-2%
|
184
+2%
|
181
-2%
|
144
-21%
|
278
+94%
|
279
+0%
|
294
+6%
|
304
+3%
|
215
-29%
|
219
+2%
|
196
-10%
|
202
+3%
|
207
+3%
|
669
+223%
|
688
+3%
|
687
0%
|
659
-4%
|
211
-68%
|
222
+5%
|
255
+15%
|
260
+2%
|
265
+2%
|
273
+3%
|
245
-10%
|
238
-3%
|
229
-4%
|
222
-3%
|
221
0%
|
233
+5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Income from Continuing Operations |
59
|
93
|
135
|
229
|
239
|
373
|
348
|
298
|
304
|
163
|
164
|
184
|
181
|
184
|
181
|
144
|
278
|
279
|
294
|
304
|
215
|
219
|
196
|
202
|
207
|
669
|
688
|
687
|
659
|
211
|
222
|
255
|
260
|
265
|
273
|
245
|
238
|
229
|
222
|
221
|
233
|
|
Income to Minority Interest |
(1)
|
(2)
|
(2)
|
(4)
|
(5)
|
(8)
|
(7)
|
(8)
|
(10)
|
(10)
|
(13)
|
(15)
|
(16)
|
(17)
|
(17)
|
(17)
|
(20)
|
(20)
|
(21)
|
(21)
|
(20)
|
(21)
|
(20)
|
(21)
|
(20)
|
(24)
|
(27)
|
(28)
|
(31)
|
(27)
|
(27)
|
(28)
|
(27)
|
(29)
|
(28)
|
(27)
|
(26)
|
(23)
|
(23)
|
(22)
|
(22)
|
|
Net Income (Common) |
167
N/A
|
110
-34%
|
137
+25%
|
223
+63%
|
219
-2%
|
350
+60%
|
325
-7%
|
274
-16%
|
277
+1%
|
132
-52%
|
133
+0%
|
149
+12%
|
149
+1%
|
159
+7%
|
157
-1%
|
125
-21%
|
256
+106%
|
257
+0%
|
272
+6%
|
281
+3%
|
193
-31%
|
196
+2%
|
174
-12%
|
179
+3%
|
185
+3%
|
643
+248%
|
659
+3%
|
658
0%
|
627
-5%
|
182
-71%
|
193
+6%
|
226
+17%
|
231
+2%
|
235
+2%
|
243
+4%
|
216
-11%
|
211
-2%
|
204
-3%
|
197
-3%
|
197
0%
|
209
+6%
|
|
EPS (Diluted) |
1.93
N/A
|
1.25
-35%
|
1.54
+23%
|
2.4
+56%
|
2.42
+1%
|
3.77
+56%
|
3.51
-7%
|
2.95
-16%
|
2.97
+1%
|
1.35
-55%
|
1.34
-1%
|
1.5
+12%
|
1.51
+1%
|
1.61
+7%
|
1.58
-2%
|
1.24
-22%
|
2.55
+106%
|
2.54
0%
|
2.68
+6%
|
2.66
-1%
|
1.86
-30%
|
1.82
-2%
|
1.5
-18%
|
1.54
+3%
|
1.63
+6%
|
5.52
+239%
|
5.65
+2%
|
5.63
0%
|
5.36
-5%
|
1.55
-71%
|
1.65
+6%
|
1.93
+17%
|
1.97
+2%
|
2.01
+2%
|
2.08
+3%
|
1.85
-11%
|
1.8
-3%
|
1.74
-3%
|
1.68
-3%
|
1.67
-1%
|
1.77
+6%
|