Alexandria Real Estate Equities vs Kilroy Realty
Alexandria Real Estate Equities is the larger business, with $3.03bn of revenue in fiscal 2025 against $1.11bn for Kilroy Realty (2.7 times as much). Kilroy Realty grew faster (-2.0% against -2.9%). Kilroy Realty kept more of each dollar of sales as profit: a net margin of 24.8% against -47.2%. Alexandria Real Estate Equities carries less debt relative to equity (80.2% against 84.7%).
| Latest fiscal year | Alexandria Real Estate EquitiesARE, 2025 | Kilroy RealtyKRC, 2025 |
|---|---|---|
| Revenue | $3.03bn | $1.11bn |
| Revenue growth | -2.9% | -2.0% |
| Net income | −$1.43bn | $276m |
| Operating margin | — | — |
| Net margin | -47.2% | 24.8% |
| Return on equity | -8.6% | 5.1% |
| Free cash flow | — | $450m |
| Cash | $549m | $179m |
| Total debt | $12.40bn | $4.59bn |
| Debt to equity | 80.2% | 84.7% |
| Dividend per share | $4.68 | $2.16 |
| Dividend yield | 8.2% | 6.0% |
| Share buybacks | $208m | — |
| Employees | 514 | 241 |
| Market value | $7.19bn | $4.21bn |
| Price vs our value range | — | — |
| Moat score | 29 (Weak) | 53 (Moderate) |
| Insider trades, 12 months | 12 buys, 6 sales | 0 buys, 6 sales |