KRC vs ARE vs DEI Stock Comparison

Kilroy Realty, Alexandria Real Estate Equities and Douglas Emmett Prices as of Oct 28, 2026 Peers: Industry group
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KRC Kilroy Realty Corp
$35.54 +4.7% 1M -15.3% 1Y
Market cap
$4.16B
P/E
145.5x
Revenue (TTM)
$1.09B
Div. yield
0.06%
Office REITs Real Estate
5 wins
DEI Douglas Emmett Inc
$10.01 +3.4% 1M -24.3% 1Y
Market cap
$1.69B
P/E
–
Revenue (TTM)
$1.01B
Div. yield
0.08%
Office REITs Real Estate
1 win

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, Douglas Emmett 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionKRCAREDEILeader
Larger companyMarket capitalisation $4.16B $6.89B $1.69B ARE
Cheaper on earningsLower P/E, profitable companies only 145.5x -4.8x -73.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 154.5x 25.6x — ARE
Faster revenue growthRevenue growth, trailing twelve months -3.6% -9.9% +0.8% DEI
More profitableNet margin, trailing twelve months 2.6% -52.0% -2.3% KRC
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — 23.3x –
Higher dividend yieldTrailing dividend yield 0.06% 0.09% 0.08% ARE
Better 1-year returnPrice return, last 12 months -15.3% -36.6% -24.3% KRC
Better 5-year returnAnnualised price return, 5 years -12.0%/yr -27.9%/yr -21.1%/yr KRC
Less volatileAnnualised volatility, 1 year 29.2% 45.6% 30.9% KRC
Higher overall scoreMean of the five percentile scores vs peers 45/100 39/100 31/100 KRC

Percentile Scorecard

KRCAREDEI

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

AxisKRCAREDEI
Valuation 71 #43 of 145 75 #37 of 145 65 #52 of 145
Growth 1 #141 of 142 7 #132 of 142 6 #133 of 142
Profitability 46 #74 of 135 14 #116 of 135 20 #108 of 135
Financial Health 64 #49 of 136 73 #38 of 136 16 #114 of 136
Shareholder Returns 42 #76 of 131 29 #94 of 131 49 #67 of 131
Overall 45 39 31
  • KRC ranked among 149 companies in Property REITs
  • ARE ranked among 149 companies in Property REITs
  • DEI ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodKRCAREDEISPY
1 month +4.7%-18.0%+3.4% +0.9%
3 months -9.9%-25.8%-18.3% +5.9%
6 months +8.0%-2.8%-7.0% +8.5%
Year to date -4.9%-18.5%-8.9% +13.3%
1 year -15.3%-36.6%-24.3% +12.4%
3 years +28.7%-56.5%-10.1% +88.1%
3 years, per year +8.8%-24.2%-3.5% +23.5%
5 years -47.3%-80.4%-69.4% +68.2%
5 years, per year -12.0%-27.9%-21.1% +11.0%
10 years -49.4%-62.0%-72.2% +263.4%
10 years, per year -6.6%-9.2%-12.0% +13.8%

Risk

MeasureKRCAREDEISPY
Volatility, 1Y 29.2%45.6%30.9% 12.7%
Downside volatility, 1Y 30.1%48.5%30.8% 12.7%
Beta vs S&P 500, 1Y 0.560.760.62 1.00
Return / volatility, 1Y -0.52-0.80-0.79 0.98
Max drawdown, 5Y -67.0%-82.1%-75.1% -25.4%
From 52-week high -18.3%-36.6%-24.3% -0.9%
52-week high $43.48$62.94$13.22 $779.14
52-week low $27.72$39.91$9.18 $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.

MultipleKRCAREDEI
P/E now vs peer median 144.6xmedian 25.8x -4.7xmedian 25.8x -73.3xmedian 25.8x
P/S now vs peer median 3.8xmedian 4.0x 2.5xmedian 4.0x 1.7xmedian 4.0x
EV/EBITDA now vs peer median —median 14.2x —median 14.2x 30.5xmedian 14.2x
P/FCF now vs peer median -58.9xmedian 23.0x -14.7xmedian 23.0x -22.3xmedian 23.0x
P/B now vs peer median 0.8xmedian 1.3x 0.4xmedian 1.3x 0.5xmedian 1.3x
PEG now vs peer median -2.94median 1.91 0.05median 1.91 2.17median 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 monthsKRCAREDEI
Revenue $1.09B $2.76B $1.01B
Gross profit – – $636.52M
Operating income – – -$179.54M
Net income $47.42M -$1.39B -$55.59M
Free cash flow -$70.24M -$473.23M -$75.33M
EPS (diluted) $0.24 $-8.40 $-0.14
Cash & equivalents $94.30M $508.86M $354.96M
Total debt $4.38B $12.90B $5.72B
Shares (diluted) 117.24M 170.75M 167.49M
Enterprise value $3.31B -$701.53M $225.09M

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
MetricKRCAREDEI
P/E 144.6x -4.7x -73.3x
P/FCF -58.9x -14.7x -22.3x
P/Operating cash flow 8.4x 5.9x 4.3x
P/S 3.8x 2.5x 1.7x
P/B 0.8x 0.4x 0.5x
P/Tangible book 0.8x 0.4x 0.5x
EV/EBITDA – – 30.5x
EV/EBIT – – -39.2x
EV/Revenue 7.7x 6.4x 7.0x
EV/FCF -119.3x -37.4x -93.5x
EV/Operating cash flow 17.0x 14.9x 18.2x
PEG (3Y EPS CAGR) -2.94 0.05 2.17

Growth

14 metrics
MetricKRCAREDEI
Revenue growth (1Y) -3.6% -9.9% 0.8%
Revenue CAGR (3Y) -1.7% -0.5% -0.2%
Gross profit growth (1Y) – – 0.5%
Gross profit CAGR (3Y) – – -1.2%
Operating income growth (1Y) – – -4.6%
Operating income CAGR (3Y) – – -8.3%
Net income growth (1Y) -86.5% -339.2% -267.2%
Net income CAGR (3Y) -42.1% -74.6% -45.8%
EPS growth (1Y) -91.0% -239.7% -160.7%
EPS CAGR (3Y) -49.1% -100.7% -33.8%
Operating cash flow growth (1Y) -12.6% -13.7% -1.5%
Operating cash flow CAGR (3Y) -6.3% -9.5% -7.2%
Free cash flow growth (1Y) -237.0% 33.5% -134.4%
Free cash flow CAGR (3Y) -52.0% 43.5% -31.1%

Profitability

14 metrics
MetricKRCAREDEI
Gross margin – – 63.2%
EBITDA margin – – 22.9%
Operating margin – – -17.8%
Pretax margin – – -45.0%
Net margin 2.6% -52.0% -2.3%
FCF margin -6.5% -17.1% -7.5%
Operating cash flow margin 45.5% 43.0% 38.3%
Return on equity 0.9% -6.6% -2.0%
Return on assets 0.4% -3.6% -0.7%
Return on invested capital – – –
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) 10.4x -0.9x -6.9x
Stock comp / revenue 1.5% 1.5% 2.1%

Financial Health

11 metrics
MetricKRCAREDEI
Debt / assets 41.8% 37.9% 59.9%
Debt / equity 0.8x 0.7x 1.6x
Net debt / EBITDA – – 23.3x
Debt / FCF -62.3x -27.3x -76.0x
Liabilities / assets 48.4% 45.9% 63.2%
Equity / assets 51.6% 54.1% 36.8%
Interest coverage – – -0.7x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricKRCAREDEI
Dividend yield 6.1% 7.2% 7.6%
Net buyback yield 1.8% – –
Shareholder yield 7.8% 7.2% 7.6%
Payout ratio (earnings) 539.6% -43.0% -228.9%
Payout ratio (FCF) -364.3% -126.5% -169.0%
Dividend growth (1Y) -0.7% -34.4% 0.0%
Dividend CAGR (3Y) 0.1% -10.2% -8.3%

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.

ConsensusKRCAREDEI
Forward P/E 154.5xFY2026 25.6xFY2026 –
EPS, next fiscal year $0.23FY2026 $1.56FY2026 $-0.12FY2026
EPS growth, next FY -90.1%FY2026 – -233.3%FY2026
EPS growth, the year after +82.6% -150.6% –
Revenue, next fiscal year $1.13BFY2026 $2.71BFY2026 $1.09BFY2026
Revenue growth, next FY +2.1%FY2026 -8.2%FY2026 +9.1%FY2026
Revenue growth, the year after +0.9% -13.7% -6.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersKRCAREDEI
Held by institutions 100.0% 97.2% 100.0%
Institutions holding 385 595 283
Change in shares held, QoQ +0.0% +14.1% +5.5%
Institutions buying 212 336 171
Institutions selling 121 191 77
Buyers to sellers 1.75 1.76 2.22

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.

KRCAREDEI
KRC 1.00 0.42 0.74
ARE 0.42 1.00 0.41
DEI 0.74 0.41 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, KRC, ARE and DEI?

Alexandria Real Estate Equities (ARE) is the largest by market capitalisation: Kilroy Realty (KRC) $4.16B, Alexandria Real Estate Equities (ARE) $6.89B, Douglas Emmett (DEI) $1.69B.

Which company is growing faster?

Douglas Emmett (DEI) grew revenue fastest over the trailing twelve months: Kilroy Realty (KRC) -3.6%, Alexandria Real Estate Equities (ARE) -9.9%, Douglas Emmett (DEI) +0.8%.

Which company is more profitable?

Kilroy Realty (KRC) has the highest net margin (Kilroy Realty (KRC) 2.6%, Alexandria Real Estate Equities (ARE) -52.0%, Douglas Emmett (DEI) -2.3%).

Which stock has performed better?

Over the past year Kilroy Realty (KRC) returned the most: Kilroy Realty (KRC) -15.3%, Alexandria Real Estate Equities (ARE) -36.6%, Douglas Emmett (DEI) -24.3%. Over five years, Kilroy Realty (KRC) compounded fastest (Kilroy Realty (KRC) -12.0%/yr, Alexandria Real Estate Equities (ARE) -27.9%/yr, Douglas Emmett (DEI) -21.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Alexandria Real Estate Equities (ARE) has the highest dividend yield: Kilroy Realty (KRC) 0.06%, Alexandria Real Estate Equities (ARE) 0.09%, Douglas Emmett (DEI) 0.08%.

Which stock is riskier?

By one-year price volatility, Kilroy Realty (KRC) has been the steadiest (Kilroy Realty (KRC) 29.2%, Alexandria Real Estate Equities (ARE) 45.6%, Douglas Emmett (DEI) 30.9%). Volatility measures how widely the price swings, not the risk of the business.

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

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.