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Side-by-side financial comparison of KILROY REALTY CORP (KRC) and DOUGLAS DYNAMICS, INC (PLOW). Click either name above to swap in a different company.

KILROY REALTY CORP is the larger business by last-quarter revenue ($272.2M vs $184.5M, roughly 1.5× DOUGLAS DYNAMICS, INC). DOUGLAS DYNAMICS, INC runs the higher net margin — 7.0% vs 6.3%, a 0.7% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs -5.0%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $92.8M). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% 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.

General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government...

KRC vs PLOW — Head-to-Head

Bigger by revenue
KRC
KRC
1.5× larger
KRC
$272.2M
$184.5M
PLOW
Growing faster (revenue YoY)
PLOW
PLOW
+33.5% gap
PLOW
28.6%
-5.0%
KRC
Higher net margin
PLOW
PLOW
0.7% more per $
PLOW
7.0%
6.3%
KRC
More free cash flow
KRC
KRC
$357.4M more FCF
KRC
$450.3M
$92.8M
PLOW
Faster 2-yr revenue CAGR
PLOW
PLOW
Annualised
PLOW
38.9%
-1.2%
KRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KRC
KRC
PLOW
PLOW
Revenue
$272.2M
$184.5M
Net Profit
$17.1M
$12.8M
Gross Margin
26.1%
Operating Margin
10.5%
Net Margin
6.3%
7.0%
Revenue YoY
-5.0%
28.6%
Net Profit YoY
-73.7%
62.3%
EPS (diluted)
$0.11
$0.54

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
PLOW
PLOW
Q4 25
$272.2M
$184.5M
Q3 25
$279.7M
$162.1M
Q2 25
$289.9M
$194.3M
Q1 25
$270.8M
$115.1M
Q4 24
$286.4M
$143.5M
Q3 24
$289.9M
$129.4M
Q2 24
$280.7M
$199.9M
Q1 24
$278.6M
$95.7M
Net Profit
KRC
KRC
PLOW
PLOW
Q4 25
$17.1M
$12.8M
Q3 25
$162.3M
$8.0M
Q2 25
$79.6M
$26.0M
Q1 25
$43.7M
$148.0K
Q4 24
$65.0M
$7.9M
Q3 24
$57.7M
$32.3M
Q2 24
$54.5M
$24.3M
Q1 24
$55.7M
$-8.4M
Gross Margin
KRC
KRC
PLOW
PLOW
Q4 25
26.1%
Q3 25
23.5%
Q2 25
31.0%
Q1 25
24.5%
Q4 24
24.9%
Q3 24
23.9%
Q2 24
30.7%
Q1 24
19.8%
Operating Margin
KRC
KRC
PLOW
PLOW
Q4 25
10.5%
Q3 25
8.7%
Q2 25
19.0%
Q1 25
2.8%
Q4 24
9.0%
Q3 24
35.4%
Q2 24
18.2%
Q1 24
-6.7%
Net Margin
KRC
KRC
PLOW
PLOW
Q4 25
6.3%
7.0%
Q3 25
58.0%
4.9%
Q2 25
27.4%
13.4%
Q1 25
16.1%
0.1%
Q4 24
22.7%
5.5%
Q3 24
19.9%
24.9%
Q2 24
19.4%
12.2%
Q1 24
20.0%
-8.7%
EPS (diluted)
KRC
KRC
PLOW
PLOW
Q4 25
$0.11
$0.54
Q3 25
$1.31
$0.33
Q2 25
$0.57
$1.09
Q1 25
$0.33
$0.00
Q4 24
$0.50
$0.35
Q3 24
$0.44
$1.36
Q2 24
$0.41
$1.02
Q1 24
$0.42
$-0.37

Balance Sheet & Financial Strength

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

Metric
KRC
KRC
PLOW
PLOW
Cash + ST InvestmentsLiquidity on hand
$179.3M
Total DebtLower is stronger
$144.0M
Stockholders' EquityBook value
$5.4B
$281.4M
Total Assets
$10.9B
$626.7M
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRC
KRC
PLOW
PLOW
Q4 25
$179.3M
Q3 25
$372.4M
Q2 25
$193.1M
Q1 25
$146.7M
Q4 24
$165.7M
Q3 24
$625.4M
Q2 24
$835.9M
Q1 24
$855.0M
Total Debt
KRC
KRC
PLOW
PLOW
Q4 25
$144.0M
Q3 25
Q2 25
Q1 25
Q4 24
$147.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
KRC
KRC
PLOW
PLOW
Q4 25
$5.4B
$281.4M
Q3 25
$5.5B
$275.3M
Q2 25
$5.4B
$273.3M
Q1 25
$5.4B
$258.9M
Q4 24
$5.4B
$264.2M
Q3 24
$5.4B
$260.8M
Q2 24
$5.4B
$236.7M
Q1 24
$5.4B
$217.2M
Total Assets
KRC
KRC
PLOW
PLOW
Q4 25
$10.9B
$626.7M
Q3 25
$11.0B
$694.9M
Q2 25
$10.9B
$671.5M
Q1 25
$10.9B
$621.0M
Q4 24
$10.9B
$590.0M
Q3 24
$11.4B
$665.6M
Q2 24
$11.5B
$617.0M
Q1 24
$11.6B
$577.1M
Debt / Equity
KRC
KRC
PLOW
PLOW
Q4 25
0.51×
Q3 25
Q2 25
Q1 25
Q4 24
0.56×
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
PLOW
PLOW
Operating Cash FlowLast quarter
$566.3M
$95.9M
Free Cash FlowOCF − Capex
$450.3M
$92.8M
FCF MarginFCF / Revenue
165.4%
50.3%
Capex IntensityCapex / Revenue
42.6%
1.7%
Cash ConversionOCF / Net Profit
33.10×
7.47×
TTM Free Cash FlowTrailing 4 quarters
$833.0M
$63.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRC
KRC
PLOW
PLOW
Q4 25
$566.3M
$95.9M
Q3 25
$176.6M
$-8.5M
Q2 25
$143.7M
$-11.4M
Q1 25
$136.9M
$-1.3M
Q4 24
$541.1M
$74.4M
Q3 24
$176.3M
$-14.2M
Q2 24
$88.7M
$2.5M
Q1 24
$167.9M
$-21.6M
Free Cash Flow
KRC
KRC
PLOW
PLOW
Q4 25
$450.3M
$92.8M
Q3 25
$148.7M
$-11.4M
Q2 25
$118.4M
$-14.3M
Q1 25
$115.6M
$-3.5M
Q4 24
$440.8M
$70.2M
Q3 24
$147.2M
$-15.2M
Q2 24
$69.5M
$836.0K
Q1 24
$151.9M
$-22.4M
FCF Margin
KRC
KRC
PLOW
PLOW
Q4 25
165.4%
50.3%
Q3 25
53.1%
-7.1%
Q2 25
40.9%
-7.4%
Q1 25
42.7%
-3.0%
Q4 24
153.9%
48.9%
Q3 24
50.8%
-11.8%
Q2 24
24.7%
0.4%
Q1 24
54.5%
-23.4%
Capex Intensity
KRC
KRC
PLOW
PLOW
Q4 25
42.6%
1.7%
Q3 25
10.0%
1.8%
Q2 25
8.7%
1.5%
Q1 25
7.9%
1.9%
Q4 24
35.0%
2.9%
Q3 24
10.1%
0.8%
Q2 24
6.8%
0.8%
Q1 24
5.7%
0.8%
Cash Conversion
KRC
KRC
PLOW
PLOW
Q4 25
33.10×
7.47×
Q3 25
1.09×
-1.07×
Q2 25
1.81×
-0.44×
Q1 25
3.13×
-9.03×
Q4 24
8.32×
9.41×
Q3 24
3.06×
-0.44×
Q2 24
1.63×
0.10×
Q1 24
3.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KRC
KRC

Segment breakdown not available.

PLOW
PLOW

Work Truck Solutions$101.5M55%
Transferred At Point In Time$83.1M45%

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