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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

Bigger by revenue
NFE
NFE
1.2× larger
NFE
$326.2M
$272.2M
KRC
Growing faster (revenue YoY)
KRC
KRC
+2.0% gap
KRC
-5.0%
-7.0%
NFE
Higher net margin
KRC
KRC
265.9% more per $
KRC
6.3%
-259.7%
NFE
More free cash flow
KRC
KRC
$585.1M more FCF
KRC
$450.3M
$-134.8M
NFE
Faster 2-yr revenue CAGR
KRC
KRC
Annualised
KRC
-1.2%
-26.8%
NFE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KRC
KRC
NFE
NFE
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.

Revenue
KRC
KRC
NFE
NFE
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
Net Profit
KRC
KRC
NFE
NFE
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
Gross Margin
KRC
KRC
NFE
NFE
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%
Operating Margin
KRC
KRC
NFE
NFE
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%
Net Margin
KRC
KRC
NFE
NFE
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%
EPS (diluted)
KRC
KRC
NFE
NFE
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
KRC
KRC
NFE
NFE
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.

Cash + ST Investments
KRC
KRC
NFE
NFE
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
Total Debt
KRC
KRC
NFE
NFE
Q4 25
$8.2B
Q3 25
Q2 25
Q1 25
Q4 24
$8.9B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
KRC
KRC
NFE
NFE
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
Total Assets
KRC
KRC
NFE
NFE
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
Debt / Equity
KRC
KRC
NFE
NFE
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
KRC
KRC
NFE
NFE
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.

Operating Cash Flow
KRC
KRC
NFE
NFE
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
Free Cash Flow
KRC
KRC
NFE
NFE
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
FCF Margin
KRC
KRC
NFE
NFE
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%
Capex Intensity
KRC
KRC
NFE
NFE
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%
Cash Conversion
KRC
KRC
NFE
NFE
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.

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