HPP vs KRC vs SKYH Stock Comparison

Hudson Pacific Properties, Kilroy Realty and Sky Harbour Prices as of Oct 27, 2026 Peers: Industry group
KRC Kilroy Realty Corp
$35.98 +5.2% 1M -12.8% 1Y
Market cap
$4.18B
P/E
146.4x
Revenue (TTM)
$1.09B
Div. yield
6.00%
Office REITs Real Estate
3 wins
SKYH Sky Harbour Group Corp
$9.82 -2.0% 1M -3.4% 1Y
Market cap
$751.79M
P/E
14.1x
Revenue (TTM)
$31.80M
Div. yield
–
Specialty REITs Real Estate
5 wins

Head to Head

8 decided of 12

Sky Harbour leads on 5 of the 12 questions below (Sky Harbour 5, Kilroy Realty 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHPPKRCSKYHLeader
Larger companyMarket capitalisation $602.09M $4.18B $751.79M KRC
Cheaper on earningsLower P/E, profitable companies only -1.3x 146.4x 14.1x SKYH
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 156.4x — –
Faster revenue growthRevenue growth, trailing twelve months +1.8% -3.6% +52.0% SKYH
More profitableNet margin, trailing twelve months — 2.6% 75.3% SKYH
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — -7.7x –
Higher dividend yieldTrailing dividend yield 0.00% 6.00% — –
Better 1-year returnPrice return, last 12 months -36.8% -12.8% -3.4% SKYH
Better 5-year returnAnnualised price return, 5 years -42.8%/yr -12.0%/yr -0.7%/yr SKYH
Less volatileAnnualised volatility, 1 year 71.8% 29.2% 35.8% KRC
Higher overall scoreMean of the five percentile scores vs peers — 44/100 33/100 KRC

Percentile Scorecard

HPPKRCSKYH

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

AxisHPPKRCSKYH
Valuation 82 #27 of 145 71 #43 of 145 4 #139 of 145
Growth 12 #124 of 141 1 #140 of 141 94 #9 of 141
Profitability – 45 #74 of 134 17 #112 of 134
Financial Health – 64 #50 of 138 18 #114 of 138
Shareholder Returns – 42 #77 of 131 –
Overall – 44 33
  • HPP ranked among 149 companies in Property REITs
  • KRC ranked among 149 companies in Property REITs
  • SKYH ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodHPPKRCSKYHSPY
1 month -4.7%+5.2%-2.0% -0.2%
3 months -21.4%-7.0%-7.7% +3.9%
6 months +13.4%+5.5%-7.0% +8.2%
Year to date +2.5%-3.7%+9.5% +12.9%
1 year -36.8%-12.8%-3.4% +12.3%
3 years -65.0%+30.3%+70.5% +87.4%
3 years, per year -29.5%+9.2%+19.5% +23.3%
5 years -93.8%-47.1%-3.3% +67.9%
5 years, per year -42.8%-12.0%-0.7% +10.9%
10 years -95.2%-49.0%— +261.1%
10 years, per year -26.2%-6.5%— +13.7%

Risk

MeasureHPPKRCSKYHSPY
Volatility, 1Y 71.8%29.2%35.8% 12.7%
Downside volatility, 1Y 69.6%30.1%36.0% 12.7%
Beta vs S&P 500, 1Y 1.210.560.99 1.00
Return / volatility, 1Y -0.51-0.44-0.10 0.97
Max drawdown, 5Y -97.2%-67.0%-92.9% -25.4%
From 52-week high -36.8%-17.2%-14.3% -1.2%
52-week high $17.57$43.48$11.46 $779.14
52-week low $5.51$27.72$8.30 $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.

MultipleHPPKRCSKYH
P/E now vs peer median -1.3xmedian 26.3x 146.4xmedian 26.3x 14.1xmedian 26.3x
P/S now vs peer median 0.7xmedian 4.0x 3.9xmedian 4.0x 23.6xmedian 4.0x
EV/EBITDA now vs peer median —median 14.4x —median 14.4x -45.7xmedian 14.4x
P/FCF now vs peer median —median 23.3x -59.6xmedian 23.3x —median 23.3x
P/B now vs peer median —median 1.3x 0.8xmedian 1.3x 4.6xmedian 1.3x
PEG now vs peer median 0.05median 1.91 -2.98median 1.91 0.21median 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 monthsHPPKRCSKYH
Revenue $812.79M $1.09B $31.80M
Operating income – – -$27.97M
Net income -$579.85M $47.42M $12.08M
Free cash flow – -$70.24M –
EPS (diluted) $-8.87 $0.24 $0.70
Cash & equivalents $80.76M $94.30M $164.03M
Total debt – $4.38B $316.34M
Shares (diluted) 64.46M 117.24M 34.46M
Enterprise value $602.09M $3.55B $519.85M

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
MetricHPPKRCSKYH
P/E -1.3x 146.4x 14.1x
P/FCF – -59.6x –
P/Operating cash flow – 8.5x –
P/S 0.7x 3.9x 23.6x
P/B – 0.8x 4.6x
P/Tangible book – 0.8x 4.7x
EV/EBITDA – – -45.7x
EV/EBIT – – -32.3x
EV/Revenue 0.7x 7.8x 28.4x
EV/FCF – -120.1x –
EV/Operating cash flow – 17.1x –
PEG (3Y EPS CAGR) 0.05 -2.98 0.21

Growth

14 metrics
MetricHPPKRCSKYH
Revenue growth (1Y) 1.8% -3.6% 52.0%
Revenue CAGR (3Y) -7.5% -1.7% 101.7%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – -13.8%
Operating income CAGR (3Y) – – -17.9%
Net income growth (1Y) -29.3% -86.5% 138.4%
Net income CAGR (3Y) -114.5% -42.1% 41.2%
EPS growth (1Y) 39.2% -91.0% 358.1%
EPS CAGR (3Y) -27.7% -49.1% 65.8%
Operating cash flow growth (1Y) – -12.6% –
Operating cash flow CAGR (3Y) – -6.3% –
Free cash flow growth (1Y) – -237.0% –
Free cash flow CAGR (3Y) – -52.0% –

Profitability

14 metrics
MetricHPPKRCSKYH
Gross margin – – –
EBITDA margin – – -62.2%
Operating margin – – -88.0%
Pretax margin – – -96.0%
Net margin – 2.6% 75.3%
FCF margin – -6.5% –
Operating cash flow margin – 45.5% –
Return on equity – 0.9% 7.2%
Return on assets -8.1% 0.4% 1.7%
Return on invested capital – – –
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.0x
Cash conversion (OCF / net income) – 10.4x –
Stock comp / revenue – 1.5% –

Financial Health

11 metrics
MetricHPPKRCSKYH
Debt / assets – 41.8% 38.4%
Debt / equity – 0.8x 1.9x
Net debt / EBITDA – – -7.7x
Debt / FCF – -62.3x –
Liabilities / assets 57.6% 48.4% 80.1%
Equity / assets – 51.6% 19.9%
Interest coverage – – -10.9x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricHPPKRCSKYH
Dividend yield – 6.0% –
Net buyback yield – 1.7% –
Shareholder yield 0.0% 7.7% –
Payout ratio (earnings) – 539.6% –
Payout ratio (FCF) – -364.3% –
Dividend growth (1Y) – -0.7% –
Dividend CAGR (3Y) – 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.

ConsensusHPPKRCSKYH
Forward P/E – 156.4xFY2026 –
EPS, next fiscal year $-3.72FY2026 $0.23FY2026 $-0.40FY2026
EPS growth, next FY – -90.1%FY2026 -544.4%FY2026
EPS growth, the year after – +82.6% –
Revenue, next fiscal year $744.06MFY2026 $1.13BFY2026 $42.16MFY2026
Revenue growth, next FY -10.5%FY2026 +2.1%FY2026 +53.1%FY2026
Revenue growth, the year after -0.8% +0.9% +57.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHPPKRCSKYH
Held by institutions 100.0% 100.0% 15.4%
Institutions holding 189 385 90
Change in shares held, QoQ +4.8% +0.0% +15.7%
Institutions buying 118 212 55
Institutions selling 52 121 18
Buyers to sellers 2.27 1.75 3.06

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.

HPPKRCSKYH
HPP 1.00 0.59 0.29
KRC 0.59 1.00 0.30
SKYH 0.29 0.30 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HPP, KRC and SKYH?

Kilroy Realty (KRC) is the largest by market capitalisation: Hudson Pacific Properties (HPP) $602.09M, Kilroy Realty (KRC) $4.18B, Sky Harbour (SKYH) $751.79M.

Which stock is cheaper, HPP, KRC and SKYH?

Sky Harbour (SKYH) trades on the lowest price-to-earnings ratio (Hudson Pacific Properties (HPP) -1.3x, Kilroy Realty (KRC) 146.4x, Sky Harbour (SKYH) 14.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Sky Harbour (SKYH) grew revenue fastest over the trailing twelve months: Hudson Pacific Properties (HPP) +1.8%, Kilroy Realty (KRC) -3.6%, Sky Harbour (SKYH) +52.0%.

Which company is more profitable?

Sky Harbour (SKYH) has the highest net margin (Kilroy Realty (KRC) 2.6%, Sky Harbour (SKYH) 75.3%).

Which stock has performed better?

Over the past year Sky Harbour (SKYH) returned the most: Hudson Pacific Properties (HPP) -36.8%, Kilroy Realty (KRC) -12.8%, Sky Harbour (SKYH) -3.4%. Over five years, Sky Harbour (SKYH) compounded fastest (Hudson Pacific Properties (HPP) -42.8%/yr, Kilroy Realty (KRC) -12.0%/yr, Sky Harbour (SKYH) -0.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Hudson Pacific Properties (HPP) 0.00%, Kilroy Realty (KRC) 6.00%. Hudson Pacific Properties (HPP) and Sky Harbour (SKYH) 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%, Kilroy Realty (KRC) 29.2%, Sky Harbour (SKYH) 35.8%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sky Harbour (SKYH) 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.