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Side-by-side financial comparison of KILROY REALTY CORP (KRC) and New Fortress Energy Inc. (NFE). Click either name above to swap in a different company.
New Fortress Energy Inc. is the larger business by last-quarter revenue ($326.2M vs $272.2M, roughly 1.2× KILROY REALTY CORP). KILROY REALTY CORP runs the higher net margin — 6.3% vs -259.7%, a 265.9% gap on every dollar of revenue. On growth, KILROY REALTY CORP posted the faster year-over-year revenue change (-5.0% vs -7.0%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $-134.8M). Over the past eight quarters, KILROY REALTY CORP's revenue compounded faster (-1.2% CAGR vs -26.8%).
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.
New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.
KRC vs NFE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $272.2M | $326.2M |
| Net Profit | $17.1M | $-847.1M |
| Gross Margin | — | 35.5% |
| Operating Margin | — | -193.0% |
| Net Margin | 6.3% | -259.7% |
| Revenue YoY | -5.0% | -7.0% |
| Net Profit YoY | -73.7% | -277.4% |
| EPS (diluted) | $0.11 | $-3.03 |
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 | $272.2M | $326.2M | ||
| Q3 25 | $279.7M | $240.3M | ||
| Q2 25 | $289.9M | $228.1M | ||
| Q1 25 | $270.8M | $384.9M | ||
| Q4 24 | $286.4M | $350.7M | ||
| Q3 24 | $289.9M | $446.0M | ||
| Q2 24 | $280.7M | $291.2M | ||
| Q1 24 | $278.6M | $609.5M |
| Q4 25 | $17.1M | $-847.1M | ||
| Q3 25 | $162.3M | $-263.0M | ||
| Q2 25 | $79.6M | $-546.5M | ||
| Q1 25 | $43.7M | $-175.4M | ||
| Q4 24 | $65.0M | $-224.4M | ||
| Q3 24 | $57.7M | $9.3M | ||
| Q2 24 | $54.5M | $-88.9M | ||
| Q1 24 | $55.7M | $54.1M |
| Q4 25 | — | 35.5% | ||
| Q3 25 | — | 18.1% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 21.4% | ||
| Q4 24 | — | 17.6% | ||
| Q3 24 | — | 27.1% | ||
| Q2 24 | — | 23.8% | ||
| Q1 24 | — | 62.4% |
| Q4 25 | — | -193.0% | ||
| Q3 25 | — | -37.4% | ||
| Q2 25 | — | -170.3% | ||
| Q1 25 | — | -3.3% | ||
| Q4 24 | — | 65.0% | ||
| Q3 24 | — | 17.8% | ||
| Q2 24 | — | 12.3% | ||
| Q1 24 | — | 30.4% |
| Q4 25 | 6.3% | -259.7% | ||
| Q3 25 | 58.0% | -109.4% | ||
| Q2 25 | 27.4% | -239.6% | ||
| Q1 25 | 16.1% | -45.6% | ||
| Q4 24 | 22.7% | -64.0% | ||
| Q3 24 | 19.9% | 2.1% | ||
| Q2 24 | 19.4% | -30.5% | ||
| Q1 24 | 20.0% | 8.9% |
| Q4 25 | $0.11 | $-3.03 | ||
| Q3 25 | $1.31 | $-0.96 | ||
| Q2 25 | $0.57 | $-1.99 | ||
| Q1 25 | $0.33 | $-0.65 | ||
| Q4 24 | $0.50 | $-1.10 | ||
| Q3 24 | $0.44 | $0.03 | ||
| Q2 24 | $0.41 | $-0.42 | ||
| Q1 24 | $0.42 | $0.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $179.3M | $226.5M |
| Total DebtLower is stronger | — | $8.2B |
| Stockholders' EquityBook value | $5.4B | $182.6M |
| Total Assets | $10.9B | $10.6B |
| Debt / EquityLower = less leverage | — | 44.78× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $179.3M | $226.5M | ||
| Q3 25 | $372.4M | $145.2M | ||
| Q2 25 | $193.1M | $551.1M | ||
| Q1 25 | $146.7M | $447.9M | ||
| Q4 24 | $165.7M | $492.9M | ||
| Q3 24 | $625.4M | $90.8M | ||
| Q2 24 | $835.9M | $133.0M | ||
| Q1 24 | $855.0M | $143.5M |
| Q4 25 | — | $8.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $5.4B | $182.6M | ||
| Q3 25 | $5.5B | $1.1B | ||
| Q2 25 | $5.4B | $1.3B | ||
| Q1 25 | $5.4B | $1.8B | ||
| Q4 24 | $5.4B | $1.9B | ||
| Q3 24 | $5.4B | $1.6B | ||
| Q2 24 | $5.4B | $1.6B | ||
| Q1 24 | $5.4B | $1.7B |
| Q4 25 | $10.9B | $10.6B | ||
| Q3 25 | $11.0B | $12.0B | ||
| Q2 25 | $10.9B | $12.0B | ||
| Q1 25 | $10.9B | $13.1B | ||
| Q4 24 | $10.9B | $12.9B | ||
| Q3 24 | $11.4B | $12.0B | ||
| Q2 24 | $11.5B | $11.4B | ||
| Q1 24 | $11.6B | $10.9B |
| Q4 25 | — | 44.78× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.74× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $566.3M | $-76.2M |
| Free Cash FlowOCF − Capex | $450.3M | $-134.8M |
| FCF MarginFCF / Revenue | 165.4% | -41.3% |
| Capex IntensityCapex / Revenue | 42.6% | 18.0% |
| Cash ConversionOCF / Net Profit | 33.10× | — |
| TTM Free Cash FlowTrailing 4 quarters | $833.0M | $-1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $566.3M | $-76.2M | ||
| Q3 25 | $176.6M | $-171.0M | ||
| Q2 25 | $143.7M | $-329.0M | ||
| Q1 25 | $136.9M | $-7.2M | ||
| Q4 24 | $541.1M | $445.3M | ||
| Q3 24 | $176.3M | $-20.0M | ||
| Q2 24 | $88.7M | $113.9M | ||
| Q1 24 | $167.9M | $63.0M |
| Q4 25 | $450.3M | $-134.8M | ||
| Q3 25 | $148.7M | $-231.6M | ||
| Q2 25 | $118.4M | $-726.7M | ||
| Q1 25 | $115.6M | $-262.3M | ||
| Q4 24 | $440.8M | $-210.3M | ||
| Q3 24 | $147.2M | $-367.0M | ||
| Q2 24 | $69.5M | $-493.2M | ||
| Q1 24 | $151.9M | $-457.9M |
| Q4 25 | 165.4% | -41.3% | ||
| Q3 25 | 53.1% | -96.4% | ||
| Q2 25 | 40.9% | -318.6% | ||
| Q1 25 | 42.7% | -68.2% | ||
| Q4 24 | 153.9% | -60.0% | ||
| Q3 24 | 50.8% | -82.3% | ||
| Q2 24 | 24.7% | -169.3% | ||
| Q1 24 | 54.5% | -75.1% |
| Q4 25 | 42.6% | 18.0% | ||
| Q3 25 | 10.0% | 25.2% | ||
| Q2 25 | 8.7% | 174.4% | ||
| Q1 25 | 7.9% | 66.3% | ||
| Q4 24 | 35.0% | 187.0% | ||
| Q3 24 | 10.1% | 77.8% | ||
| Q2 24 | 6.8% | 208.4% | ||
| Q1 24 | 5.7% | 85.5% |
| Q4 25 | 33.10× | — | ||
| Q3 25 | 1.09× | — | ||
| Q2 25 | 1.81× | — | ||
| Q1 25 | 3.13× | — | ||
| Q4 24 | 8.32× | — | ||
| Q3 24 | 3.06× | -2.15× | ||
| Q2 24 | 1.63× | — | ||
| Q1 24 | 3.01× | 1.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.