HPP vs ARE vs KRC Stock Comparison

Hudson Pacific Properties, Alexandria Real Estate Equities and Kilroy Realty Prices as of Oct 27, 2026 Peers: Industry group
KRC Kilroy Realty Corp
$35.98 +5.2% 1M -12.8% 1Y
Market cap
$4.13B
P/E
144.6x
Revenue (TTM)
$1.09B
Div. yield
0.06%
Office REITs Real Estate
5 wins

Head to Head

9 decided of 12

Kilroy Realty leads on 5 of the 12 questions below (Kilroy Realty 5, Alexandria Real Estate Equities 3, Hudson Pacific Properties 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHPPAREKRCLeader
Larger companyMarket capitalisation $712.95M $6.81B $4.13B ARE
Cheaper on earningsLower P/E, profitable companies only -1.2x -4.7x 144.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 26.2x 156.4x ARE
Faster revenue growthRevenue growth, trailing twelve months +1.8% -9.9% -3.6% HPP
More profitableNet margin, trailing twelve months — -52.0% 2.6% KRC
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.09% 0.06% ARE
Better 1-year returnPrice return, last 12 months -36.8% -47.5% -12.8% KRC
Better 5-year returnAnnualised price return, 5 years -42.8%/yr -27.6%/yr -12.0%/yr KRC
Less volatileAnnualised volatility, 1 year 71.8% 50.3% 29.2% KRC
Higher overall scoreMean of the five percentile scores vs peers — 39/100 44/100 KRC

Percentile Scorecard

HPPAREKRC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHPPAREKRC
Valuation 82 #27 of 145 74 #38 of 145 71 #43 of 145
Growth 12 #124 of 141 7 #131 of 141 1 #140 of 141
Profitability – 14 #115 of 134 45 #74 of 134
Financial Health – 72 #39 of 138 64 #50 of 138
Shareholder Returns – 29 #94 of 131 42 #77 of 131
Overall – 39 44
  • HPP ranked among 149 companies in Property REITs
  • ARE ranked among 149 companies in Property REITs
  • KRC ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHPPAREKRCSPY
1 month -4.7%-18.1%+5.2% -0.2%
3 months -21.4%-24.3%-7.0% +3.9%
6 months +13.4%+1.1%+5.5% +8.2%
Year to date +2.5%-16.5%-3.7% +12.9%
1 year -36.8%-47.5%-12.8% +12.3%
3 years -65.0%-55.4%+30.3% +87.4%
3 years, per year -29.5%-23.6%+9.2% +23.3%
5 years -93.8%-80.2%-47.1% +67.9%
5 years, per year -42.8%-27.6%-12.0% +10.9%
10 years -95.2%-61.1%-49.0% +261.1%
10 years, per year -26.2%-9.0%-6.5% +13.7%

Risk

MeasureHPPAREKRCSPY
Volatility, 1Y 71.8%50.3%29.2% 12.7%
Downside volatility, 1Y 69.6%56.8%30.1% 12.7%
Beta vs S&P 500, 1Y 1.210.730.56 1.00
Return / volatility, 1Y -0.51-0.95-0.44 0.97
Max drawdown, 5Y -97.2%-81.9%-67.0% -25.4%
From 52-week high -36.8%-47.5%-17.2% -1.2%
52-week high $17.57$77.87$43.48 $779.14
52-week low $5.51$40.41$27.72 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHPPAREKRC
P/E now vs peer median -1.3xmedian 26.3x -4.9xmedian 26.3x 146.4xmedian 26.3x
P/S now vs peer median 0.7xmedian 4.0x 2.6xmedian 4.0x 3.9xmedian 4.0x
EV/EBITDA now vs peer median —median 14.4x —median 14.4x —median 14.4x
P/FCF now vs peer median —median 23.3x -15.0xmedian 23.3x -59.6xmedian 23.3x
P/B now vs peer median —median 1.3x 0.4xmedian 1.3x 0.8xmedian 1.3x
PEG now vs peer median 0.05median 1.91 0.05median 1.91 -2.98median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHPPAREKRC
Revenue $812.79M $2.76B $1.09B
Net income -$579.85M -$1.39B $47.42M
Free cash flow – -$473.23M -$70.24M
EPS (diluted) $-8.87 $-8.40 $0.24
Cash & equivalents $80.76M $508.86M $94.30M
Total debt – $12.90B $4.38B
Shares (diluted) 64.46M 170.75M 117.24M
Enterprise value $712.95M -$780.07M $3.28B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHPPAREKRC
P/E -1.3x -4.9x 146.4x
P/FCF – -15.0x -59.6x
P/Operating cash flow – 6.0x 8.5x
P/S 0.7x 2.6x 3.9x
P/B – 0.4x 0.8x
P/Tangible book – 0.4x 0.8x
EV/EBITDA – – –
EV/EBIT – – –
EV/Revenue 0.7x 6.5x 7.8x
EV/FCF – -37.8x -120.1x
EV/Operating cash flow – 15.0x 17.1x
PEG (3Y EPS CAGR) 0.05 0.05 -2.98

Growth

14 metrics
MetricHPPAREKRC
Revenue growth (1Y) 1.8% -9.9% -3.6%
Revenue CAGR (3Y) -7.5% -0.5% -1.7%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – –
Operating income CAGR (3Y) – – –
Net income growth (1Y) -29.3% -339.2% -86.5%
Net income CAGR (3Y) -114.5% -74.6% -42.1%
EPS growth (1Y) 39.2% -239.7% -91.0%
EPS CAGR (3Y) -27.7% -100.7% -49.1%
Operating cash flow growth (1Y) – -13.7% -12.6%
Operating cash flow CAGR (3Y) – -9.5% -6.3%
Free cash flow growth (1Y) – 33.5% -237.0%
Free cash flow CAGR (3Y) – 43.5% -52.0%

Profitability

14 metrics
MetricHPPAREKRC
Gross margin – – –
EBITDA margin – – –
Operating margin – – –
Pretax margin – – –
Net margin – -52.0% 2.6%
FCF margin – -17.1% -6.5%
Operating cash flow margin – 43.0% 45.5%
Return on equity – -6.6% 0.9%
Return on assets -8.1% -3.6% 0.4%
Return on invested capital – – –
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) – -0.9x 10.4x
Stock comp / revenue – 1.5% 1.5%

Financial Health

11 metrics
MetricHPPAREKRC
Debt / assets – 37.9% 41.8%
Debt / equity – 0.7x 0.8x
Net debt / EBITDA – – –
Debt / FCF – -27.3x -62.3x
Liabilities / assets 57.6% 45.9% 48.4%
Equity / assets – 54.1% 51.6%
Interest coverage – – –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricHPPAREKRC
Dividend yield – 7.0% 6.0%
Net buyback yield – – 1.7%
Shareholder yield 0.0% 7.0% 7.7%
Payout ratio (earnings) – -43.0% 539.6%
Payout ratio (FCF) – -126.5% -364.3%
Dividend growth (1Y) – -34.4% -0.7%
Dividend CAGR (3Y) – -10.2% 0.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHPPAREKRC
Forward P/E – 26.2xFY2026 156.4xFY2026
EPS, next fiscal year $-3.72FY2026 $1.56FY2026 $0.23FY2026
EPS growth, next FY – – -90.1%FY2026
EPS growth, the year after – -150.6% +82.6%
Revenue, next fiscal year $744.06MFY2026 $2.71BFY2026 $1.13BFY2026
Revenue growth, next FY -10.5%FY2026 -8.2%FY2026 +2.1%FY2026
Revenue growth, the year after -0.8% -13.7% +0.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHPPAREKRC
Held by institutions 100.0% 97.2% 100.0%
Institutions holding 189 595 385
Change in shares held, QoQ +4.8% +14.1% +0.0%
Institutions buying 118 336 212
Institutions selling 52 191 121
Buyers to sellers 2.27 1.76 1.75

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HPPAREKRC
HPP 1.00 0.39 0.59
ARE 0.39 1.00 0.42
KRC 0.59 0.42 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HPP, ARE and KRC?

Alexandria Real Estate Equities (ARE) is the largest by market capitalisation: Hudson Pacific Properties (HPP) $712.95M, Alexandria Real Estate Equities (ARE) $6.81B, Kilroy Realty (KRC) $4.13B.

Which company is growing faster?

Hudson Pacific Properties (HPP) grew revenue fastest over the trailing twelve months: Hudson Pacific Properties (HPP) +1.8%, Alexandria Real Estate Equities (ARE) -9.9%, Kilroy Realty (KRC) -3.6%.

Which company is more profitable?

Kilroy Realty (KRC) has the highest net margin (Alexandria Real Estate Equities (ARE) -52.0%, Kilroy Realty (KRC) 2.6%).

Which stock has performed better?

Over the past year Kilroy Realty (KRC) returned the most: Hudson Pacific Properties (HPP) -36.8%, Alexandria Real Estate Equities (ARE) -47.5%, Kilroy Realty (KRC) -12.8%. Over five years, Kilroy Realty (KRC) compounded fastest (Hudson Pacific Properties (HPP) -42.8%/yr, Alexandria Real Estate Equities (ARE) -27.6%/yr, Kilroy Realty (KRC) -12.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Alexandria Real Estate Equities (ARE) has the highest dividend yield: Hudson Pacific Properties (HPP) 0.00%, Alexandria Real Estate Equities (ARE) 0.09%, Kilroy Realty (KRC) 0.06%. Hudson Pacific Properties (HPP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Kilroy Realty (KRC) has been the steadiest (Hudson Pacific Properties (HPP) 71.8%, Alexandria Real Estate Equities (ARE) 50.3%, Kilroy Realty (KRC) 29.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HPP, ARE and KRC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kilroy Realty (KRC) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.