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Side-by-side financial comparison of InvenTrust Properties Corp. (IVT) and Kennedy-Wilson Holdings, Inc. (KW). Click either name above to swap in a different company.
Kennedy-Wilson Holdings, Inc. is the larger business by last-quarter revenue ($120.6M vs $77.4M, roughly 1.6× InvenTrust Properties Corp.). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs 3.4%, a 44.7% gap on every dollar of revenue. On growth, InvenTrust Properties Corp. posted the faster year-over-year revenue change (8.6% vs -11.0%). InvenTrust Properties Corp. produced more free cash flow last quarter ($110.9M vs $-55.2M). Over the past eight quarters, InvenTrust Properties Corp.'s revenue compounded faster (7.6% CAGR vs -6.0%).
InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.
Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.
IVT vs KW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $77.4M | $120.6M |
| Net Profit | $2.7M | $58.0M |
| Gross Margin | — | — |
| Operating Margin | -11.0% | 57.3% |
| Net Margin | 3.4% | 48.1% |
| Revenue YoY | 8.6% | -11.0% |
| Net Profit YoY | -72.8% | 32.7% |
| EPS (diluted) | $0.02 | $0.22 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $77.4M | $120.6M | ||
| Q3 25 | $74.5M | $116.4M | ||
| Q2 25 | $73.6M | $135.7M | ||
| Q1 25 | $73.8M | $128.3M | ||
| Q4 24 | $71.2M | $135.5M | ||
| Q3 24 | $68.5M | $127.5M | ||
| Q2 24 | $67.4M | $132.0M | ||
| Q1 24 | $66.8M | $136.4M |
| Q4 25 | $2.7M | $58.0M | ||
| Q3 25 | $6.0M | $-10.2M | ||
| Q2 25 | $95.9M | $5.6M | ||
| Q1 25 | $6.8M | $-29.6M | ||
| Q4 24 | $9.8M | $43.7M | ||
| Q3 24 | $-539.0K | $-66.8M | ||
| Q2 24 | $1.5M | $-48.3M | ||
| Q1 24 | $2.9M | $37.7M |
| Q4 25 | -11.0% | 57.3% | ||
| Q3 25 | -9.8% | -6.2% | ||
| Q2 25 | — | 7.4% | ||
| Q1 25 | -10.5% | -26.9% | ||
| Q4 24 | -3.6% | 36.7% | ||
| Q3 24 | -18.7% | -60.8% | ||
| Q2 24 | -13.6% | -45.5% | ||
| Q1 24 | -13.1% | 47.2% |
| Q4 25 | 3.4% | 48.1% | ||
| Q3 25 | 8.1% | -8.8% | ||
| Q2 25 | 130.4% | 4.1% | ||
| Q1 25 | 9.2% | -23.1% | ||
| Q4 24 | 13.8% | 32.3% | ||
| Q3 24 | -0.8% | -52.4% | ||
| Q2 24 | 2.2% | -36.6% | ||
| Q1 24 | 4.3% | 27.6% |
| Q4 25 | $0.02 | $0.22 | ||
| Q3 25 | $0.08 | $-0.15 | ||
| Q2 25 | $1.23 | $-0.05 | ||
| Q1 25 | $0.09 | $-0.30 | ||
| Q4 24 | $0.14 | $0.24 | ||
| Q3 24 | $-0.01 | $-0.56 | ||
| Q2 24 | $0.02 | $-0.43 | ||
| Q1 24 | $0.04 | $0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $184.5M |
| Total DebtLower is stronger | $825.9M | — |
| Stockholders' EquityBook value | $1.8B | $1.5B |
| Total Assets | $2.8B | $6.6B |
| Debt / EquityLower = less leverage | 0.46× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $184.5M | ||
| Q3 25 | — | $382.6M | ||
| Q2 25 | — | $309.1M | ||
| Q1 25 | — | $356.6M | ||
| Q4 24 | — | $217.5M | ||
| Q3 24 | — | $367.1M | ||
| Q2 24 | — | $366.5M | ||
| Q1 24 | — | $541.9M |
| Q4 25 | $825.9M | — | ||
| Q3 25 | $764.6M | — | ||
| Q2 25 | $746.3M | — | ||
| Q1 25 | $740.7M | — | ||
| Q4 24 | $740.4M | — | ||
| Q3 24 | $740.1M | — | ||
| Q2 24 | $812.2M | — | ||
| Q1 24 | $827.5M | — |
| Q4 25 | $1.8B | $1.5B | ||
| Q3 25 | $1.8B | $1.5B | ||
| Q2 25 | $1.8B | $1.6B | ||
| Q1 25 | $1.7B | $1.6B | ||
| Q4 24 | $1.8B | $1.6B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $1.5B | $1.7B | ||
| Q1 24 | $1.5B | $1.7B |
| Q4 25 | $2.8B | $6.6B | ||
| Q3 25 | $2.7B | $6.7B | ||
| Q2 25 | $2.7B | $6.8B | ||
| Q1 25 | $2.6B | $7.2B | ||
| Q4 24 | $2.6B | $7.0B | ||
| Q3 24 | $2.6B | $7.4B | ||
| Q2 24 | $2.5B | $7.5B | ||
| Q1 24 | $2.5B | $7.7B |
| Q4 25 | 0.46× | — | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | 0.41× | — | ||
| Q1 25 | 0.42× | — | ||
| Q4 24 | 0.42× | — | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.53× | — | ||
| Q1 24 | 0.53× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $155.4M | $11.4M |
| Free Cash FlowOCF − Capex | $110.9M | $-55.2M |
| FCF MarginFCF / Revenue | 143.3% | -45.8% |
| Capex IntensityCapex / Revenue | 57.5% | 55.2% |
| Cash ConversionOCF / Net Profit | 58.41× | 0.20× |
| TTM Free Cash FlowTrailing 4 quarters | $193.1M | $-103.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $155.4M | $11.4M | ||
| Q3 25 | $43.8M | $-7.6M | ||
| Q2 25 | $48.7M | $42.0M | ||
| Q1 25 | $20.2M | $-51.9M | ||
| Q4 24 | $136.9M | $55.1M | ||
| Q3 24 | $38.4M | $-5.6M | ||
| Q2 24 | $46.7M | $36.7M | ||
| Q1 24 | $14.8M | $-5.6M |
| Q4 25 | $110.9M | $-55.2M | ||
| Q3 25 | $31.4M | $-18.0M | ||
| Q2 25 | $38.0M | $29.4M | ||
| Q1 25 | $12.8M | $-59.7M | ||
| Q4 24 | $100.8M | $-76.5M | ||
| Q3 24 | $29.3M | $-27.7M | ||
| Q2 24 | $37.2M | $-500.0K | ||
| Q1 24 | $7.7M | $-57.1M |
| Q4 25 | 143.3% | -45.8% | ||
| Q3 25 | 42.2% | -15.5% | ||
| Q2 25 | 51.6% | 21.7% | ||
| Q1 25 | 17.4% | -46.5% | ||
| Q4 24 | 141.5% | -56.5% | ||
| Q3 24 | 42.8% | -21.7% | ||
| Q2 24 | 55.2% | -0.4% | ||
| Q1 24 | 11.5% | -41.9% |
| Q4 25 | 57.5% | 55.2% | ||
| Q3 25 | 16.7% | 8.9% | ||
| Q2 25 | 14.6% | 9.3% | ||
| Q1 25 | 10.0% | 6.1% | ||
| Q4 24 | 50.7% | 97.1% | ||
| Q3 24 | 13.3% | 17.3% | ||
| Q2 24 | 14.0% | 28.2% | ||
| Q1 24 | 10.6% | 37.8% |
| Q4 25 | 58.41× | 0.20× | ||
| Q3 25 | 7.27× | — | ||
| Q2 25 | 0.51× | 7.50× | ||
| Q1 25 | 2.97× | — | ||
| Q4 24 | 13.97× | 1.26× | ||
| Q3 24 | — | — | ||
| Q2 24 | 31.15× | — | ||
| Q1 24 | 5.10× | -0.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IVT
Segment breakdown not available.
KW
| Consolidated Portfolio Segment | $84.9M | 70% |
| Investment Management Fees | $30.4M | 25% |
| Real Estate | $5.1M | 4% |
