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Side-by-side financial comparison of KILROY REALTY CORP (KRC) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.
KILROY REALTY CORP is the larger business by last-quarter revenue ($272.2M vs $260.4M, roughly 1.0× Smith Douglas Homes Corp.). KILROY REALTY CORP runs the higher net margin — 6.3% vs 1.4%, a 4.9% gap on every dollar of revenue. On growth, KILROY REALTY CORP posted the faster year-over-year revenue change (-5.0% vs -9.4%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $8.7M). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% 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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
KRC vs SDHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $272.2M | $260.4M |
| Net Profit | $17.1M | $3.5M |
| Gross Margin | — | 19.9% |
| Operating Margin | — | 6.5% |
| Net Margin | 6.3% | 1.4% |
| Revenue YoY | -5.0% | -9.4% |
| Net Profit YoY | -73.7% | -14.3% |
| EPS (diluted) | $0.11 | $0.39 |
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 | $260.4M | ||
| Q3 25 | $279.7M | $262.0M | ||
| Q2 25 | $289.9M | $223.9M | ||
| Q1 25 | $270.8M | $224.7M | ||
| Q4 24 | $286.4M | $287.5M | ||
| Q3 24 | $289.9M | $277.8M | ||
| Q2 24 | $280.7M | $220.9M | ||
| Q1 24 | $278.6M | $189.2M |
| Q4 25 | $17.1M | $3.5M | ||
| Q3 25 | $162.3M | $2.1M | ||
| Q2 25 | $79.6M | $2.4M | ||
| Q1 25 | $43.7M | $2.7M | ||
| Q4 24 | $65.0M | $4.1M | ||
| Q3 24 | $57.7M | $5.3M | ||
| Q2 24 | $54.5M | $3.6M | ||
| Q1 24 | $55.7M | $3.0M |
| Q4 25 | — | 19.9% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 23.8% | ||
| Q4 24 | — | 25.5% | ||
| Q3 24 | — | 26.5% | ||
| Q2 24 | — | 26.7% | ||
| Q1 24 | — | 26.1% |
| Q4 25 | — | 6.5% | ||
| Q3 25 | — | 6.6% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | 8.7% | ||
| Q4 24 | — | 10.4% | ||
| Q3 24 | — | 14.2% | ||
| Q2 24 | — | 11.7% | ||
| Q1 24 | — | 11.3% |
| Q4 25 | 6.3% | 1.4% | ||
| Q3 25 | 58.0% | 0.8% | ||
| Q2 25 | 27.4% | 1.1% | ||
| Q1 25 | 16.1% | 1.2% | ||
| Q4 24 | 22.7% | 1.4% | ||
| Q3 24 | 19.9% | 1.9% | ||
| Q2 24 | 19.4% | 1.7% | ||
| Q1 24 | 20.0% | 1.6% |
| Q4 25 | $0.11 | $0.39 | ||
| Q3 25 | $1.31 | $0.24 | ||
| Q2 25 | $0.57 | $0.26 | ||
| Q1 25 | $0.33 | $0.30 | ||
| Q4 24 | $0.50 | $0.50 | ||
| Q3 24 | $0.44 | $0.58 | ||
| Q2 24 | $0.41 | $0.40 | ||
| Q1 24 | $0.42 | $0.33 |
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 | $12.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.4B | $86.7M |
| Total Assets | $10.9B | $557.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $179.3M | $12.7M | ||
| Q3 25 | $372.4M | $14.8M | ||
| Q2 25 | $193.1M | $16.8M | ||
| Q1 25 | $146.7M | $12.7M | ||
| Q4 24 | $165.7M | $22.4M | ||
| Q3 24 | $625.4M | $23.7M | ||
| Q2 24 | $835.9M | $17.3M | ||
| Q1 24 | $855.0M | $32.8M |
| Q4 25 | $5.4B | $86.7M | ||
| Q3 25 | $5.5B | $82.2M | ||
| Q2 25 | $5.4B | $80.0M | ||
| Q1 25 | $5.4B | $76.9M | ||
| Q4 24 | $5.4B | $73.6M | ||
| Q3 24 | $5.4B | $68.4M | ||
| Q2 24 | $5.4B | $62.1M | ||
| Q1 24 | $5.4B | $59.7M |
| Q4 25 | $10.9B | $557.6M | ||
| Q3 25 | $11.0B | $571.6M | ||
| Q2 25 | $10.9B | $570.2M | ||
| Q1 25 | $10.9B | $513.9M | ||
| Q4 24 | $10.9B | $475.9M | ||
| Q3 24 | $11.4B | $460.1M | ||
| Q2 24 | $11.5B | $429.3M | ||
| Q1 24 | $11.6B | $401.3M |
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 | $9.8M |
| Free Cash FlowOCF − Capex | $450.3M | $8.7M |
| FCF MarginFCF / Revenue | 165.4% | 3.4% |
| Capex IntensityCapex / Revenue | 42.6% | 0.4% |
| Cash ConversionOCF / Net Profit | 33.10× | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | $833.0M | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $566.3M | $9.8M | ||
| Q3 25 | $176.6M | $22.8M | ||
| Q2 25 | $143.7M | $-28.9M | ||
| Q1 25 | $136.9M | $-34.9M | ||
| Q4 24 | $541.1M | $5.5M | ||
| Q3 24 | $176.3M | $22.9M | ||
| Q2 24 | $88.7M | $39.0K | ||
| Q1 24 | $167.9M | $-9.3M |
| Q4 25 | $450.3M | $8.7M | ||
| Q3 25 | $148.7M | $21.4M | ||
| Q2 25 | $118.4M | $-31.1M | ||
| Q1 25 | $115.6M | $-35.9M | ||
| Q4 24 | $440.8M | $4.8M | ||
| Q3 24 | $147.2M | $22.3M | ||
| Q2 24 | $69.5M | $-2.1M | ||
| Q1 24 | $151.9M | $-9.7M |
| Q4 25 | 165.4% | 3.4% | ||
| Q3 25 | 53.1% | 8.2% | ||
| Q2 25 | 40.9% | -13.9% | ||
| Q1 25 | 42.7% | -16.0% | ||
| Q4 24 | 153.9% | 1.7% | ||
| Q3 24 | 50.8% | 8.0% | ||
| Q2 24 | 24.7% | -1.0% | ||
| Q1 24 | 54.5% | -5.1% |
| Q4 25 | 42.6% | 0.4% | ||
| Q3 25 | 10.0% | 0.5% | ||
| Q2 25 | 8.7% | 0.9% | ||
| Q1 25 | 7.9% | 0.5% | ||
| Q4 24 | 35.0% | 0.2% | ||
| Q3 24 | 10.1% | 0.2% | ||
| Q2 24 | 6.8% | 1.0% | ||
| Q1 24 | 5.7% | 0.2% |
| Q4 25 | 33.10× | 2.77× | ||
| Q3 25 | 1.09× | 10.70× | ||
| Q2 25 | 1.81× | -12.24× | ||
| Q1 25 | 3.13× | -13.01× | ||
| Q4 24 | 8.32× | 1.33× | ||
| Q3 24 | 3.06× | 4.28× | ||
| Q2 24 | 1.63× | 0.01× | ||
| Q1 24 | 3.01× | -3.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KRC
Segment breakdown not available.
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
