Kilroy Realty Corp (KRC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Kilroy Realty Corp stock $35.48, price $35.82, that is 0.9% below the price, quality 53 out of 100. Rating: fairly valued. Calculated from audited financials with 9 of our 26 valuation models and 37 quality factors, updated daily.
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Kilroy Realty Corp
KRC · USThe stock costs about what our calculation considers fair.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $20.97 – $59.75 · fair‑value band $30.27 – $50.21 · the $35.82 price screens above the $35.48 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Company profile
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.
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As a pioneer and innovator in the creation of a more sustainable real estate industry, the Company's approach to modern business environments helps drive creativity and productivity for some of the world's leading technology, media, life science, and business services companies.
The Company is a publicly traded real estate investment trust and member of the S&P MidCap 400 Index with more than seven decades of experience developing, acquiring, and managing office, life science, and mixed-use projects.
As of September 30, 2025, Kilroy's stabilized portfolio totaled approximately 16.8 million square feet of primarily office and life science space that was 81.6% occupied and 83.8% leased.
The Company also had approximately 1,000 residential units in Hollywood and San Diego, which had a quarterly average occupancy of 94.1%. In addition, the Company had one development project in the tenant improvement phase totaling approximately 872,000 square feet with a total estimated investment of 1.2 billion dollars.
Kilroy Realty Corporation was incorporated in 1947 in United States.
Stock analysis
Kilroy Realty Corp (KRC) currently trades at $35.82, while our model-based Fair Value estimate is $35.48, so the stock looks roughly fairly valued today (gap 1.0%).
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Valuation
Bull case: the Multiples group reads highest at a median of $48.71 per share, and 3 of the 8 models we run sit above the $35.82 price.
Bear case: the Asset-Based group reads lowest at $29.62, and 5 of the 8 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $30.27 (bear) to $50.21 (bull), the price of $35.82 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 53/100 (solid quality), in the Real Estate sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Kilroy Realty Corp reported revenue of $1.1B in FY2025 versus $955M in FY2021, a compound +3.9%/yr. Reported net income was $276M in FY2025, compounding −18.6%/yr from FY2021.
Key figures
Market cap $4.2B Mid · P/E ratio 141.9 · P/S ratio 3.88 · EPS (TTM) $0.2500 · Dividend yield 6.0% · Net margin 2.6% · Return on equity 0.9% · Return on assets (EBIT) 2.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 34 out of 100 (medium confidence).
What moves the price
The share trades about 12% below its 52-week high and 35% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −19% fair-value upside, at −1%, KRC screens cheaper than that median.
Fair Value models
All 9 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 3 officers or directors sold shares worth $1.9M and none bought.
- SaleA. Robert ParatteOfficer3× since Apr 30, 2026: 35,163 shares, avg. $35.70$1.3MOct 27, 2026
- SaleJolie A. HuntDirector15,800 shares at $37.79$597,082Jun 29, 2026
- SaleJustin William SmartPresident10,848 shares at $38.71$419,926Jun 9, 2026
- SaleHeidi Rena RothOfficer19,541 shares at $35.22$688,234May 7, 2026
- SaleLauren N StadlerOfficer3,000 shares at $34.65$103,950May 6, 2026
Plus 36 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
Watch KRC, get fair value alerts →
Earlier news
- Kilroy Realty (KRC) Stock Climbs As Q3 Results Lift FFO Outlook
- Kilroy Realty (KRC) Q3 FFO Lag Estimates
- Kilroy Realty: Q3 Earnings Snapshot
- Kilroy Realty Corporation Reports Third Quarter Financial and Operational Results
Compare Kilroy Realty Corp with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Office · 63 stocks
Valuation Multiplesvs REIT - Office median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Real Estate sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Return on equity by industry
- Quality Score by industry
- PEG screener for stocks with fair value
- Undervalued stocks: Real Estate
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more REIT - Office stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Alexandria Real Estate Equities, Inc ARE | $44.80 | $83.18 | +86% | vs KRC |
| Vornado Realty Trust VNO | $35.82 | $41.06 | +15% | vs KRC |
| Mapletree Pan Asia Commercial Trust N2IU | 1.18 SGD | 1.35 SGD | +14% | vs KRC |
| Keppel DC REIT AJBU | 2.17 SGD | 2.29 SGD | +5% | vs KRC |
| DEXUS DXS | A$5.90 | A$4.76 | −19% | vs KRC |
| COPT Defense Properties CDP | $32.87 | $22.83 | −31% | vs KRC |
| BXP, Inc BXP | $65.01 | $43.24 | −33% | vs KRC |
| MERLIN Properties SOCIMI, S.A MRL | €11.70 | €7.56 | −35% | vs KRC |
| SL Green Realty Corp SLG | $50.78 | $19.23 | −62% | vs KRC |
| Cousins Properties Incorporated CUZ | $29.60 | $9.13 | −69% | vs KRC |
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Key figures of Kilroy Realty Corp
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