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Side-by-side financial comparison of KILROY REALTY CORP (KRC) and UNITIL CORP (UTL). Click either name above to swap in a different company.

KILROY REALTY CORP is the larger business by last-quarter revenue ($272.2M vs $161.5M, roughly 1.7× UNITIL CORP). UNITIL CORP runs the higher net margin — 11.8% vs 6.3%, a 5.5% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs -5.0%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $-36.3M). Over the past eight quarters, KILROY REALTY CORP's revenue compounded faster (-1.2% CAGR vs -4.9%).

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.

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

KRC vs UTL — Head-to-Head

Bigger by revenue
KRC
KRC
1.7× larger
KRC
$272.2M
$161.5M
UTL
Growing faster (revenue YoY)
UTL
UTL
+31.6% gap
UTL
26.7%
-5.0%
KRC
Higher net margin
UTL
UTL
5.5% more per $
UTL
11.8%
6.3%
KRC
More free cash flow
KRC
KRC
$486.6M more FCF
KRC
$450.3M
$-36.3M
UTL
Faster 2-yr revenue CAGR
KRC
KRC
Annualised
KRC
-1.2%
-4.9%
UTL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KRC
KRC
UTL
UTL
Revenue
$272.2M
$161.5M
Net Profit
$17.1M
$19.0M
Gross Margin
Operating Margin
21.5%
Net Margin
6.3%
11.8%
Revenue YoY
-5.0%
26.7%
Net Profit YoY
-73.7%
21.8%
EPS (diluted)
$0.11
$1.05

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
UTL
UTL
Q4 25
$272.2M
$161.5M
Q3 25
$279.7M
$101.1M
Q2 25
$289.9M
$102.6M
Q1 25
$270.8M
$170.8M
Q4 24
$286.4M
$127.5M
Q3 24
$289.9M
$92.9M
Q2 24
$280.7M
$95.7M
Q1 24
$278.6M
$178.7M
Net Profit
KRC
KRC
UTL
UTL
Q4 25
$17.1M
$19.0M
Q3 25
$162.3M
$-300.0K
Q2 25
$79.6M
$4.0M
Q1 25
$43.7M
$27.5M
Q4 24
$65.0M
$15.6M
Q3 24
$57.7M
$0
Q2 24
$54.5M
$4.3M
Q1 24
$55.7M
$27.2M
Operating Margin
KRC
KRC
UTL
UTL
Q4 25
21.5%
Q3 25
6.9%
Q2 25
13.0%
Q1 25
27.0%
Q4 24
22.1%
Q3 24
6.2%
Q2 24
13.0%
Q1 24
24.7%
Net Margin
KRC
KRC
UTL
UTL
Q4 25
6.3%
11.8%
Q3 25
58.0%
-0.3%
Q2 25
27.4%
3.9%
Q1 25
16.1%
16.1%
Q4 24
22.7%
12.2%
Q3 24
19.9%
Q2 24
19.4%
4.5%
Q1 24
20.0%
15.2%
EPS (diluted)
KRC
KRC
UTL
UTL
Q4 25
$0.11
$1.05
Q3 25
$1.31
$-0.02
Q2 25
$0.57
$0.25
Q1 25
$0.33
$1.69
Q4 24
$0.50
$0.97
Q3 24
$0.44
$0.00
Q2 24
$0.41
$0.27
Q1 24
$0.42
$1.69

Balance Sheet & Financial Strength

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

Metric
KRC
KRC
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$179.3M
$15.6M
Total DebtLower is stronger
$670.5M
Stockholders' EquityBook value
$5.4B
$609.6M
Total Assets
$10.9B
$2.1B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRC
KRC
UTL
UTL
Q4 25
$179.3M
$15.6M
Q3 25
$372.4M
$14.6M
Q2 25
$193.1M
$8.5M
Q1 25
$146.7M
$10.2M
Q4 24
$165.7M
$6.3M
Q3 24
$625.4M
$6.3M
Q2 24
$835.9M
$2.8M
Q1 24
$855.0M
$6.3M
Total Debt
KRC
KRC
UTL
UTL
Q4 25
$670.5M
Q3 25
$670.5M
Q2 25
$640.7M
Q1 25
$642.1M
Q4 24
$643.3M
Q3 24
$643.3M
Q2 24
$511.3M
Q1 24
$512.8M
Stockholders' Equity
KRC
KRC
UTL
UTL
Q4 25
$5.4B
$609.6M
Q3 25
$5.5B
$597.2M
Q2 25
$5.4B
$532.8M
Q1 25
$5.4B
$534.1M
Q4 24
$5.4B
$512.5M
Q3 24
$5.4B
$502.4M
Q2 24
$5.4B
$508.8M
Q1 24
$5.4B
$510.8M
Total Assets
KRC
KRC
UTL
UTL
Q4 25
$10.9B
$2.1B
Q3 25
$11.0B
$1.9B
Q2 25
$10.9B
$1.9B
Q1 25
$10.9B
$1.9B
Q4 24
$10.9B
$1.8B
Q3 24
$11.4B
$1.7B
Q2 24
$11.5B
$1.7B
Q1 24
$11.6B
$1.7B
Debt / Equity
KRC
KRC
UTL
UTL
Q4 25
1.10×
Q3 25
1.12×
Q2 25
1.20×
Q1 25
1.20×
Q4 24
1.26×
Q3 24
1.28×
Q2 24
1.00×
Q1 24
1.00×

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
UTL
UTL
Operating Cash FlowLast quarter
$566.3M
$21.4M
Free Cash FlowOCF − Capex
$450.3M
$-36.3M
FCF MarginFCF / Revenue
165.4%
-22.5%
Capex IntensityCapex / Revenue
42.6%
35.7%
Cash ConversionOCF / Net Profit
33.10×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$833.0M
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRC
KRC
UTL
UTL
Q4 25
$566.3M
$21.4M
Q3 25
$176.6M
$15.6M
Q2 25
$143.7M
$42.2M
Q1 25
$136.9M
$52.1M
Q4 24
$541.1M
$23.3M
Q3 24
$176.3M
$26.1M
Q2 24
$88.7M
$49.9M
Q1 24
$167.9M
$26.6M
Free Cash Flow
KRC
KRC
UTL
UTL
Q4 25
$450.3M
$-36.3M
Q3 25
$148.7M
$-39.0M
Q2 25
$118.4M
$2.0M
Q1 25
$115.6M
$19.5M
Q4 24
$440.8M
$-32.3M
Q3 24
$147.2M
$-31.3M
Q2 24
$69.5M
$13.2M
Q1 24
$151.9M
$6.4M
FCF Margin
KRC
KRC
UTL
UTL
Q4 25
165.4%
-22.5%
Q3 25
53.1%
-38.6%
Q2 25
40.9%
1.9%
Q1 25
42.7%
11.4%
Q4 24
153.9%
-25.3%
Q3 24
50.8%
-33.7%
Q2 24
24.7%
13.8%
Q1 24
54.5%
3.6%
Capex Intensity
KRC
KRC
UTL
UTL
Q4 25
42.6%
35.7%
Q3 25
10.0%
54.0%
Q2 25
8.7%
39.2%
Q1 25
7.9%
19.1%
Q4 24
35.0%
43.6%
Q3 24
10.1%
61.8%
Q2 24
6.8%
38.3%
Q1 24
5.7%
11.3%
Cash Conversion
KRC
KRC
UTL
UTL
Q4 25
33.10×
1.13×
Q3 25
1.09×
Q2 25
1.81×
10.55×
Q1 25
3.13×
1.89×
Q4 24
8.32×
1.49×
Q3 24
3.06×
Q2 24
1.63×
11.60×
Q1 24
3.01×
0.98×

Financial Flow Comparison

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

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