JBGS vs KRC vs ARE Stock Comparison

JBG SMITH Properties, Kilroy Realty and Alexandria Real Estate Equities Prices as of Oct 27, 2026 Peers: Industry group
JBGS JBG SMITH Properties
$11.54 +9.6% 1M -46.5% 1Y
Market cap
$677.84M
P/E
–
Revenue (TTM)
$508.41M
Div. yield
0.06%
Office REITs Real Estate
1 win
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, JBG SMITH Properties 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJBGSKRCARELeader
Larger companyMarket capitalisation $677.84M $4.13B $6.81B ARE
Cheaper on earningsLower P/E, profitable companies only -4.4x 144.6x -4.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 156.4x 26.2x ARE
Faster revenue growthRevenue growth, trailing twelve months -1.1% -3.6% -9.9% JBGS
More profitableNet margin, trailing twelve months -30.3% 2.6% -52.0% KRC
Better return on capitalReturn on invested capital -1.3% — — –
Less leveragedLower net debt / EBITDA 16.9x — — –
Higher dividend yieldTrailing dividend yield 0.06% 0.06% 0.09% ARE
Better 1-year returnPrice return, last 12 months -46.5% -12.8% -47.5% KRC
Better 5-year returnAnnualised price return, 5 years -17.0%/yr -12.0%/yr -27.6%/yr KRC
Less volatileAnnualised volatility, 1 year 34.7% 29.2% 50.3% KRC
Higher overall scoreMean of the five percentile scores vs peers 25/100 44/100 39/100 KRC

Percentile Scorecard

JBGSKRCARE

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

AxisJBGSKRCARE
Valuation 34 #96 of 145 71 #43 of 145 74 #38 of 145
Growth 11 #125 of 141 1 #140 of 141 7 #131 of 141
Profitability 4 #129 of 134 45 #74 of 134 14 #115 of 134
Financial Health 11 #123 of 138 64 #50 of 138 72 #39 of 138
Shareholder Returns 65 #46 of 131 42 #77 of 131 29 #94 of 131
Overall 25 44 39
  • JBGS ranked among 149 companies in Property REITs
  • KRC ranked among 149 companies in Property REITs
  • ARE ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodJBGSKRCARESPY
1 month +9.6%+5.2%-18.1% -0.2%
3 months -19.8%-7.0%-24.3% +3.9%
6 months -26.0%+5.5%+1.1% +8.2%
Year to date -32.2%-3.7%-16.5% +12.9%
1 year -46.5%-12.8%-47.5% +12.3%
3 years -10.1%+30.3%-55.4% +87.4%
3 years, per year -3.5%+9.2%-23.6% +23.3%
5 years -60.6%-47.1%-80.2% +67.9%
5 years, per year -17.0%-12.0%-27.6% +10.9%
10 years —-49.0%-61.1% +261.1%
10 years, per year —-6.5%-9.0% +13.7%

Risk

MeasureJBGSKRCARESPY
Volatility, 1Y 34.7%29.2%50.3% 12.7%
Downside volatility, 1Y 40.1%30.1%56.8% 12.7%
Beta vs S&P 500, 1Y 0.170.560.73 1.00
Return / volatility, 1Y -1.34-0.44-0.95 0.97
Max drawdown, 5Y -67.3%-67.0%-81.9% -25.4%
From 52-week high -46.5%-17.2%-47.5% -1.2%
52-week high $21.55$43.48$77.87 $779.14
52-week low $10.05$27.72$40.41 $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.

MultipleJBGSKRCARE
P/E now vs peer median -4.4xmedian 26.3x 146.4xmedian 26.3x -4.9xmedian 26.3x
P/S now vs peer median 1.7xmedian 4.0x 3.9xmedian 4.0x 2.6xmedian 4.0x
EV/EBITDA now vs peer median 22.8xmedian 14.4x —median 14.4x —median 14.4x
P/FCF now vs peer median -13.0xmedian 23.3x -59.6xmedian 23.3x -15.0xmedian 23.3x
P/B now vs peer median 0.8xmedian 1.3x 0.8xmedian 1.3x 0.4xmedian 1.3x
PEG now vs peer median 0.04median 1.91 -2.98median 1.91 0.05median 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 monthsJBGSKRCARE
Revenue $508.41M $1.09B $2.76B
Net income -$186.68M $47.42M -$1.39B
Free cash flow -$66.16M -$70.24M -$473.23M
EPS (diluted) $-2.64 $0.24 $-8.40
Cash & equivalents $74.80M $94.30M $508.86M
Total debt $10.02B $4.38B $12.90B
Shares (diluted) 58.28M 117.24M 170.75M
Enterprise value $383.55M $3.28B -$780.07M

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
MetricJBGSKRCARE
P/E -4.4x 146.4x -4.9x
P/FCF -13.0x -59.6x -15.0x
P/Operating cash flow 14.2x 8.5x 6.0x
P/S 1.7x 3.9x 2.6x
P/B 0.8x 0.8x 0.4x
P/Tangible book 0.8x 0.8x 0.4x
EV/EBITDA 22.8x – –
EV/EBIT -70.0x – –
EV/Revenue 6.5x 7.8x 6.5x
EV/FCF -50.1x -120.1x -37.8x
EV/Operating cash flow 54.6x 17.1x 15.0x
PEG (3Y EPS CAGR) 0.04 -2.98 0.05

Growth

14 metrics
MetricJBGSKRCARE
Revenue growth (1Y) -1.1% -3.6% -9.9%
Revenue CAGR (3Y) -5.6% -1.7% -0.5%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – –
Operating income CAGR (3Y) – – –
Net income growth (1Y) -4.3% -86.5% -339.2%
Net income CAGR (3Y) -83.2% -42.1% -74.6%
EPS growth (1Y) -17.4% -91.0% -239.7%
EPS CAGR (3Y) -113.4% -49.1% -100.7%
Operating cash flow growth (1Y) -39.5% -12.6% -13.7%
Operating cash flow CAGR (3Y) -27.6% -6.3% -9.5%
Free cash flow growth (1Y) 42.6% -237.0% 33.5%
Free cash flow CAGR (3Y) 40.8% -52.0% 43.5%

Profitability

14 metrics
MetricJBGSKRCARE
Gross margin – – –
EBITDA margin 28.6% – –
Operating margin – – –
Pretax margin -37.4% – –
Net margin -30.3% 2.6% -52.0%
FCF margin -13.0% -6.5% -17.1%
Operating cash flow margin 11.9% 45.5% 43.0%
Return on equity -16.8% 0.9% -6.6%
Return on assets -4.3% 0.4% -3.6%
Return on invested capital -1.3% – –
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) -0.3x 10.4x -0.9x
Stock comp / revenue 5.3% 1.5% 1.5%

Financial Health

11 metrics
MetricJBGSKRCARE
Debt / assets 59.4% 41.8% 37.9%
Debt / equity 2.3x 0.8x 0.7x
Net debt / EBITDA 16.9x – –
Debt / FCF -38.2x -62.3x -27.3x
Liabilities / assets 74.7% 48.4% 45.9%
Equity / assets 25.3% 51.6% 54.1%
Interest coverage -0.3x – –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricJBGSKRCARE
Dividend yield 6.0% 6.0% 7.0%
Net buyback yield 11.4% 1.7% –
Shareholder yield 17.4% 7.7% 7.0%
Payout ratio (earnings) -22.4% 539.6% -43.0%
Payout ratio (FCF) -63.3% -364.3% -126.5%
Dividend growth (1Y) -26.6% -0.7% -34.4%
Dividend CAGR (3Y) -25.4% 0.1% -10.2%

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.

ConsensusJBGSKRCARE
Forward P/E – 156.4xFY2026 26.2xFY2026
EPS, next fiscal year $-2.03FY2026 $0.23FY2026 $1.56FY2026
EPS growth, next FY – -90.1%FY2026 –
EPS growth, the year after – +82.6% -150.6%
Revenue, next fiscal year $453.74MFY2026 $1.13BFY2026 $2.71BFY2026
Revenue growth, next FY -9.0%FY2026 +2.1%FY2026 -8.2%FY2026
Revenue growth, the year after +11.5% +0.9% -13.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJBGSKRCARE
Held by institutions 97.6% 100.0% 97.2%
Institutions holding 206 385 595
Change in shares held, QoQ +2.8% +0.0% +14.1%
Institutions buying 86 212 336
Institutions selling 72 121 191
Buyers to sellers 1.19 1.75 1.76

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.

JBGSKRCARE
JBGS 1.00 0.44 0.51
KRC 0.44 1.00 0.42
ARE 0.51 0.42 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JBGS, KRC and ARE?

Alexandria Real Estate Equities (ARE) is the largest by market capitalisation: JBG SMITH Properties (JBGS) $677.84M, Kilroy Realty (KRC) $4.13B, Alexandria Real Estate Equities (ARE) $6.81B.

Which company is growing faster?

JBG SMITH Properties (JBGS) grew revenue fastest over the trailing twelve months: JBG SMITH Properties (JBGS) -1.1%, Kilroy Realty (KRC) -3.6%, Alexandria Real Estate Equities (ARE) -9.9%.

Which company is more profitable?

Kilroy Realty (KRC) has the highest net margin (JBG SMITH Properties (JBGS) -30.3%, Kilroy Realty (KRC) 2.6%, Alexandria Real Estate Equities (ARE) -52.0%).

Which stock has performed better?

Over the past year Kilroy Realty (KRC) returned the most: JBG SMITH Properties (JBGS) -46.5%, Kilroy Realty (KRC) -12.8%, Alexandria Real Estate Equities (ARE) -47.5%. Over five years, Kilroy Realty (KRC) compounded fastest (JBG SMITH Properties (JBGS) -17.0%/yr, Kilroy Realty (KRC) -12.0%/yr, Alexandria Real Estate Equities (ARE) -27.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Alexandria Real Estate Equities (ARE) has the highest dividend yield: JBG SMITH Properties (JBGS) 0.06%, Kilroy Realty (KRC) 0.06%, Alexandria Real Estate Equities (ARE) 0.09%.

Which stock is riskier?

By one-year price volatility, Kilroy Realty (KRC) has been the steadiest (JBG SMITH Properties (JBGS) 34.7%, Kilroy Realty (KRC) 29.2%, Alexandria Real Estate Equities (ARE) 50.3%). Volatility measures how widely the price swings, not the risk of the business.

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

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.