KRC Kilroy Realty margins

Relative Growth: Rel. Growth: 23

Relative Strength: Rel. Strength: 53

Relative Valuation: Rel. Valuation: 21

Relative Profitability: Rel. Profitability: 45

Gross margin

66.6%

Operating margin

22.9%

EBITDA margin

51.1%

Net margin

2.6%

For this period, Kilroy Realty reports a gross margin of 66.6%, an operating margin of 22.9%, an EBITDA margin of 51.1%, and a net margin of 2.6%. Each available margin declined from the same period last year. Net margin recorded the strongest contraction, decreasing by 26.1 percentage points.

KRC margin history

Gross, operating, EBITDA and net margin trends

Kilroy Realty's margins averaged 68.74% gross, 27.99% operating, 62.46% EBITDA, and 18.31% net during the last 3 years. Currently, all four current margins are below their three-year averages.

KRC margin expansion

Year-over-year margin changes in percentage points

All available margins contracted year over year, led by net margin with a decline of 26.1 percentage points.

Gross margin expansion

-2.6pp

Operating margin expansion

-6.9pp

EBITDA margin expansion

-20.2pp

Net margin expansion

-26.1pp

KRC Gross margin

The average gross margin for Kilroy Realty was 68.74% during the last 3 years. Right now, the current gross margin for Kilroy Realty is 66.6%, 2.1 percentage points below its three-year average. The gross margin for Kilroy Realty moved between 66.6% in Sep 2026 and 70.4% in Dec 2023.

KRC Operating margin

Kilroy Realty's operating margin averaged 27.99% over the last 3 years. Compared with its three-year average, Kilroy Realty's current operating margin is 22.9% and is 5.1 percentage points below its three-year average. Over the last 3 years, Kilroy Realty's operating margin peaked at 29.9% in Jun 2025 and reached a low of 22.9% in Sep 2026.

KRC EBITDA margin

Kilroy Realty recorded an average EBITDA margin of 62.46% across the last 3 years. Kilroy Realty currently reports an EBITDA margin of 51.1%, 11.4 percentage points below its three-year average. During this period, EBITDA margin reached a high of 71.3% in Sep 2025 and a low of 51.1% in Sep 2026.

KRC Net margin

The average net margin for Kilroy Realty was 18.31% across the past 3 years. Compared with its three-year average, Kilroy Realty's current net margin is 2.6% and is 15.7 percentage points below its three-year average. The net margin for Kilroy Realty moved between 2.6% in Sep 2026 and 28.7% in Sep 2025.

KRC margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 66.6%, KRC stands higher than the Real Estate sector and the industry average. Looking at the Real Estate sector average of 60.8%, Kilroy Realty's gross margin is 10% higher.

KRC margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Kilroy Realty's gross margin?

For the period ending Sep 30, 2026, KRC recorded a gross margin of 66.6%.

What is Kilroy Realty's operating margin?

The current operating margin for KRC is 22.9% as of Sep 30, 2026.

What is Kilroy Realty's EBITDA margin?

The current EBITDA margin for KRC is 51.1% as of Sep 30, 2026.

What is Kilroy Realty's net margin?

For the period ending Sep 30, 2026, KRC recorded a net margin of 2.6%.

What are the average margins of KRC?

Kilroy Realty's gross, operating, EBITDA, and net margins averaged 68.7% gross, 28.0% operating, 62.5% EBITDA, and 18.3% net over the last 3 years.

What are the highest historical margins of KRC?

In the last 5 years, the highest margins reported by KRC were 73% gross in Mar 2022, 30.3% operating in Jun 2023, 106.6% EBITDA in Dec 2021, and 65.8% net in Dec 2021.

What are the lowest historical margins of KRC?

Over the last 5 years, Kilroy Realty's lowest margins were 66.6% gross in Sep 2026, 22.9% operating in Sep 2026, 51.1% EBITDA in Sep 2026, and 2.6% net in Sep 2026.