Kilroy Realty Q4 profit rises to $0.50 per share; 2025 FFO guided to $3.85-$4.05
Kilroy Realty reported fourth-quarter 2024 revenue of $286.4 million, up from $269.0 million a year earlier, and net income available to common stockholders of $59.5 million, or $0.50 per diluted share, versus $0.40. For the full year, revenue rose to $1,135.6 million, but net income available to common stockholders fell to $211.0 million, or $1.77 per diluted share, from $1.80, and FFO was $4.59 per diluted share versus $4.62. The company expects 2025 Nareit FFO of $3.85 to $4.05 per diluted share.
Key points
- Q4 2024 FFO was $1.20 per diluted share, up from $1.08 a year earlier; quarterly leasing reached about 708,000 square feet, the highest quarterly volume since Q4 2019
- Stabilized portfolio was 82.8% occupied at December 31, 2024, down from 85.0% a year earlier
- Full-year 2024 net income available to common stockholders was $1.77 per diluted share versus $1.80 in 2023
- 2025 guidance: Nareit FFO of $3.85 to $4.05 per diluted share; same store NOI growth of (1.5%) to (3.0%)
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 10, 2025.
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