vs

Side-by-side financial comparison of KILROY REALTY CORP (KRC) and Vital Farms, Inc. (VITL). Click either name above to swap in a different company.

KILROY REALTY CORP is the larger business by last-quarter revenue ($272.2M vs $213.6M, roughly 1.3× Vital Farms, Inc.). Vital Farms, Inc. runs the higher net margin — 7.6% vs 6.3%, a 1.4% gap on every dollar of revenue. On growth, Vital Farms, Inc. posted the faster year-over-year revenue change (28.7% vs -5.0%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $-32.1M). Over the past eight quarters, Vital Farms, Inc.'s revenue compounded faster (20.2% 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.

Vital Tomosi Dairy Limited is a dairy processing company in Uganda. The company is a joint venture between Vital Capital Fund, "an impact investing fund primarily focused on Sub-Saharan Africa", and "Tomosi Dairy Farms, a Ugandan producer of dairy products".

KRC vs VITL — Head-to-Head

Bigger by revenue
KRC
KRC
1.3× larger
KRC
$272.2M
$213.6M
VITL
Growing faster (revenue YoY)
VITL
VITL
+33.6% gap
VITL
28.7%
-5.0%
KRC
Higher net margin
VITL
VITL
1.4% more per $
VITL
7.6%
6.3%
KRC
More free cash flow
KRC
KRC
$482.4M more FCF
KRC
$450.3M
$-32.1M
VITL
Faster 2-yr revenue CAGR
VITL
VITL
Annualised
VITL
20.2%
-1.2%
KRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KRC
KRC
VITL
VITL
Revenue
$272.2M
$213.6M
Net Profit
$17.1M
$16.3M
Gross Margin
35.8%
Operating Margin
10.0%
Net Margin
6.3%
7.6%
Revenue YoY
-5.0%
28.7%
Net Profit YoY
-73.7%
54.3%
EPS (diluted)
$0.11
$0.35

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
VITL
VITL
Q4 25
$272.2M
$213.6M
Q3 25
$279.7M
$198.9M
Q2 25
$289.9M
$184.8M
Q1 25
$270.8M
$162.2M
Q4 24
$286.4M
$166.0M
Q3 24
$289.9M
$145.0M
Q2 24
$280.7M
$147.4M
Q1 24
$278.6M
$147.9M
Net Profit
KRC
KRC
VITL
VITL
Q4 25
$17.1M
$16.3M
Q3 25
$162.3M
$16.4M
Q2 25
$79.6M
$16.6M
Q1 25
$43.7M
$16.9M
Q4 24
$65.0M
$10.6M
Q3 24
$57.7M
$7.4M
Q2 24
$54.5M
$16.3M
Q1 24
$55.7M
$19.0M
Gross Margin
KRC
KRC
VITL
VITL
Q4 25
35.8%
Q3 25
37.7%
Q2 25
38.9%
Q1 25
38.5%
Q4 24
36.1%
Q3 24
36.9%
Q2 24
39.1%
Q1 24
39.8%
Operating Margin
KRC
KRC
VITL
VITL
Q4 25
10.0%
Q3 25
10.8%
Q2 25
12.9%
Q1 25
13.4%
Q4 24
7.8%
Q3 24
6.4%
Q2 24
11.6%
Q1 24
16.3%
Net Margin
KRC
KRC
VITL
VITL
Q4 25
6.3%
7.6%
Q3 25
58.0%
8.3%
Q2 25
27.4%
9.0%
Q1 25
16.1%
10.4%
Q4 24
22.7%
6.4%
Q3 24
19.9%
5.1%
Q2 24
19.4%
11.1%
Q1 24
20.0%
12.9%
EPS (diluted)
KRC
KRC
VITL
VITL
Q4 25
$0.11
$0.35
Q3 25
$1.31
$0.36
Q2 25
$0.57
$0.36
Q1 25
$0.33
$0.37
Q4 24
$0.50
$0.23
Q3 24
$0.44
$0.16
Q2 24
$0.41
$0.36
Q1 24
$0.42
$0.43

Balance Sheet & Financial Strength

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

Metric
KRC
KRC
VITL
VITL
Cash + ST InvestmentsLiquidity on hand
$179.3M
$48.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.4B
$351.3M
Total Assets
$10.9B
$518.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRC
KRC
VITL
VITL
Q4 25
$179.3M
$48.8M
Q3 25
$372.4M
$93.8M
Q2 25
$193.1M
$108.2M
Q1 25
$146.7M
$156.3M
Q4 24
$165.7M
$150.6M
Q3 24
$625.4M
$149.5M
Q2 24
$835.9M
$133.2M
Q1 24
$855.0M
$113.8M
Stockholders' Equity
KRC
KRC
VITL
VITL
Q4 25
$5.4B
$351.3M
Q3 25
$5.5B
$331.2M
Q2 25
$5.4B
$309.8M
Q1 25
$5.4B
$288.9M
Q4 24
$5.4B
$269.3M
Q3 24
$5.4B
$253.4M
Q2 24
$5.4B
$238.4M
Q1 24
$5.4B
$213.3M
Total Assets
KRC
KRC
VITL
VITL
Q4 25
$10.9B
$518.7M
Q3 25
$11.0B
$481.5M
Q2 25
$10.9B
$430.8M
Q1 25
$10.9B
$376.9M
Q4 24
$10.9B
$359.3M
Q3 24
$11.4B
$344.7M
Q2 24
$11.5B
$320.5M
Q1 24
$11.6B
$300.2M

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
VITL
VITL
Operating Cash FlowLast quarter
$566.3M
$5.8M
Free Cash FlowOCF − Capex
$450.3M
$-32.1M
FCF MarginFCF / Revenue
165.4%
-15.1%
Capex IntensityCapex / Revenue
42.6%
17.8%
Cash ConversionOCF / Net Profit
33.10×
0.35×
TTM Free Cash FlowTrailing 4 quarters
$833.0M
$-48.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRC
KRC
VITL
VITL
Q4 25
$566.3M
$5.8M
Q3 25
$176.6M
$23.4M
Q2 25
$143.7M
$-761.0K
Q1 25
$136.9M
$5.3M
Q4 24
$541.1M
$14.8M
Q3 24
$176.3M
$10.0M
Q2 24
$88.7M
$16.1M
Q1 24
$167.9M
$23.9M
Free Cash Flow
KRC
KRC
VITL
VITL
Q4 25
$450.3M
$-32.1M
Q3 25
$148.7M
$-10.6M
Q2 25
$118.4M
$-7.6M
Q1 25
$115.6M
$2.1M
Q4 24
$440.8M
$-3.4M
Q3 24
$147.2M
$6.4M
Q2 24
$69.5M
$10.5M
Q1 24
$151.9M
$22.6M
FCF Margin
KRC
KRC
VITL
VITL
Q4 25
165.4%
-15.1%
Q3 25
53.1%
-5.3%
Q2 25
40.9%
-4.1%
Q1 25
42.7%
1.3%
Q4 24
153.9%
-2.0%
Q3 24
50.8%
4.4%
Q2 24
24.7%
7.2%
Q1 24
54.5%
15.3%
Capex Intensity
KRC
KRC
VITL
VITL
Q4 25
42.6%
17.8%
Q3 25
10.0%
17.1%
Q2 25
8.7%
3.7%
Q1 25
7.9%
1.9%
Q4 24
35.0%
10.9%
Q3 24
10.1%
2.5%
Q2 24
6.8%
3.8%
Q1 24
5.7%
0.9%
Cash Conversion
KRC
KRC
VITL
VITL
Q4 25
33.10×
0.35×
Q3 25
1.09×
1.43×
Q2 25
1.81×
-0.05×
Q1 25
3.13×
0.31×
Q4 24
8.32×
1.40×
Q3 24
3.06×
1.34×
Q2 24
1.63×
0.99×
Q1 24
3.01×
1.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KRC
KRC

Segment breakdown not available.

VITL
VITL

Eggs And Egg Related Products$205.8M96%
Butter And Butter Related Products$7.7M4%

Related Comparisons