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Side-by-side financial comparison of KILROY REALTY CORP (KRC) and Limbach Holdings, Inc. (LMB). Click either name above to swap in a different company.

KILROY REALTY CORP is the larger business by last-quarter revenue ($272.2M vs $186.9M, roughly 1.5× Limbach Holdings, Inc.). Limbach Holdings, Inc. runs the higher net margin — 6.6% vs 6.3%, a 0.3% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (30.1% vs -5.0%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $27.9M). Over the past eight quarters, Limbach Holdings, Inc.'s revenue compounded faster (25.3% CAGR vs -1.2%).

Kilroy Realty Corp is a leading U.S. real estate investment trust that develops, owns, and operates premium office, life science, and mixed-use properties primarily across high-growth West Coast markets including Los Angeles, San Francisco, Seattle, and San Diego. It serves tenants across the technology, life sciences, media, and creative sectors, with a core focus on delivering sustainable, future-ready workspaces tailored to modern business needs.

Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.

KRC vs LMB — Head-to-Head

Bigger by revenue
KRC
KRC
1.5× larger
KRC
$272.2M
$186.9M
LMB
Growing faster (revenue YoY)
LMB
LMB
+35.0% gap
LMB
30.1%
-5.0%
KRC
Higher net margin
LMB
LMB
0.3% more per $
LMB
6.6%
6.3%
KRC
More free cash flow
KRC
KRC
$422.4M more FCF
KRC
$450.3M
$27.9M
LMB
Faster 2-yr revenue CAGR
LMB
LMB
Annualised
LMB
25.3%
-1.2%
KRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KRC
KRC
LMB
LMB
Revenue
$272.2M
$186.9M
Net Profit
$17.1M
$12.3M
Gross Margin
25.7%
Operating Margin
9.4%
Net Margin
6.3%
6.6%
Revenue YoY
-5.0%
30.1%
Net Profit YoY
-73.7%
25.0%
EPS (diluted)
$0.11
$1.01

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.

Revenue
KRC
KRC
LMB
LMB
Q4 25
$272.2M
$186.9M
Q3 25
$279.7M
$184.6M
Q2 25
$289.9M
$142.2M
Q1 25
$270.8M
$133.1M
Q4 24
$286.4M
$143.7M
Q3 24
$289.9M
$133.9M
Q2 24
$280.7M
$122.2M
Q1 24
$278.6M
$119.0M
Net Profit
KRC
KRC
LMB
LMB
Q4 25
$17.1M
$12.3M
Q3 25
$162.3M
$8.8M
Q2 25
$79.6M
$7.8M
Q1 25
$43.7M
$10.2M
Q4 24
$65.0M
$9.8M
Q3 24
$57.7M
$7.5M
Q2 24
$54.5M
$6.0M
Q1 24
$55.7M
$7.6M
Gross Margin
KRC
KRC
LMB
LMB
Q4 25
25.7%
Q3 25
24.2%
Q2 25
28.0%
Q1 25
27.6%
Q4 24
30.3%
Q3 24
27.0%
Q2 24
27.4%
Q1 24
26.1%
Operating Margin
KRC
KRC
LMB
LMB
Q4 25
9.4%
Q3 25
7.2%
Q2 25
7.5%
Q1 25
5.9%
Q4 24
9.1%
Q3 24
8.1%
Q2 24
6.7%
Q1 24
5.5%
Net Margin
KRC
KRC
LMB
LMB
Q4 25
6.3%
6.6%
Q3 25
58.0%
4.8%
Q2 25
27.4%
5.5%
Q1 25
16.1%
7.7%
Q4 24
22.7%
6.9%
Q3 24
19.9%
5.6%
Q2 24
19.4%
4.9%
Q1 24
20.0%
6.4%
EPS (diluted)
KRC
KRC
LMB
LMB
Q4 25
$0.11
$1.01
Q3 25
$1.31
$0.73
Q2 25
$0.57
$0.64
Q1 25
$0.33
$0.85
Q4 24
$0.50
$0.81
Q3 24
$0.44
$0.62
Q2 24
$0.41
$0.50
Q1 24
$0.42
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KRC
KRC
LMB
LMB
Cash + ST InvestmentsLiquidity on hand
$179.3M
$11.3M
Total DebtLower is stronger
$30.5M
Stockholders' EquityBook value
$5.4B
$195.7M
Total Assets
$10.9B
$381.1M
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRC
KRC
LMB
LMB
Q4 25
$179.3M
$11.3M
Q3 25
$372.4M
$9.8M
Q2 25
$193.1M
$38.9M
Q1 25
$146.7M
$38.1M
Q4 24
$165.7M
$44.9M
Q3 24
$625.4M
$51.2M
Q2 24
$835.9M
$59.5M
Q1 24
$855.0M
$48.2M
Total Debt
KRC
KRC
LMB
LMB
Q4 25
$30.5M
Q3 25
$56.3M
Q2 25
$28.4M
Q1 25
$23.7M
Q4 24
$23.6M
Q3 24
$20.5M
Q2 24
$19.7M
Q1 24
$19.4M
Stockholders' Equity
KRC
KRC
LMB
LMB
Q4 25
$5.4B
$195.7M
Q3 25
$5.5B
$181.6M
Q2 25
$5.4B
$170.5M
Q1 25
$5.4B
$161.1M
Q4 24
$5.4B
$153.5M
Q3 24
$5.4B
$142.2M
Q2 24
$5.4B
$133.0M
Q1 24
$5.4B
$125.5M
Total Assets
KRC
KRC
LMB
LMB
Q4 25
$10.9B
$381.1M
Q3 25
$11.0B
$409.1M
Q2 25
$10.9B
$343.0M
Q1 25
$10.9B
$336.4M
Q4 24
$10.9B
$352.1M
Q3 24
$11.4B
$324.4M
Q2 24
$11.5B
$303.9M
Q1 24
$11.6B
$289.2M
Debt / Equity
KRC
KRC
LMB
LMB
Q4 25
0.16×
Q3 25
0.31×
Q2 25
0.17×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.14×
Q2 24
0.15×
Q1 24
0.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KRC
KRC
LMB
LMB
Operating Cash FlowLast quarter
$566.3M
$28.1M
Free Cash FlowOCF − Capex
$450.3M
$27.9M
FCF MarginFCF / Revenue
165.4%
14.9%
Capex IntensityCapex / Revenue
42.6%
0.1%
Cash ConversionOCF / Net Profit
33.10×
2.29×
TTM Free Cash FlowTrailing 4 quarters
$833.0M
$41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRC
KRC
LMB
LMB
Q4 25
$566.3M
$28.1M
Q3 25
$176.6M
$13.3M
Q2 25
$143.7M
$2.0M
Q1 25
$136.9M
$2.2M
Q4 24
$541.1M
$19.3M
Q3 24
$176.3M
$4.9M
Q2 24
$88.7M
$16.5M
Q1 24
$167.9M
$-3.9M
Free Cash Flow
KRC
KRC
LMB
LMB
Q4 25
$450.3M
$27.9M
Q3 25
$148.7M
$12.8M
Q2 25
$118.4M
$1.2M
Q1 25
$115.6M
$11.0K
Q4 24
$440.8M
$18.0M
Q3 24
$147.2M
$4.6M
Q2 24
$69.5M
$13.2M
Q1 24
$151.9M
$-6.5M
FCF Margin
KRC
KRC
LMB
LMB
Q4 25
165.4%
14.9%
Q3 25
53.1%
7.0%
Q2 25
40.9%
0.8%
Q1 25
42.7%
0.0%
Q4 24
153.9%
12.5%
Q3 24
50.8%
3.4%
Q2 24
24.7%
10.8%
Q1 24
54.5%
-5.5%
Capex Intensity
KRC
KRC
LMB
LMB
Q4 25
42.6%
0.1%
Q3 25
10.0%
0.3%
Q2 25
8.7%
0.6%
Q1 25
7.9%
1.7%
Q4 24
35.0%
0.9%
Q3 24
10.1%
0.3%
Q2 24
6.8%
2.7%
Q1 24
5.7%
2.1%
Cash Conversion
KRC
KRC
LMB
LMB
Q4 25
33.10×
2.29×
Q3 25
1.09×
1.52×
Q2 25
1.81×
0.26×
Q1 25
3.13×
0.22×
Q4 24
8.32×
1.96×
Q3 24
3.06×
0.66×
Q2 24
1.63×
2.77×
Q1 24
3.01×
-0.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KRC
KRC

Segment breakdown not available.

LMB
LMB

Owner Direct Relationships Segment$145.0M78%
General Contractor Construction Manager Relationships Segment$41.9M22%

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