vs
Side-by-side financial comparison of KILROY REALTY CORP (KRC) and VALVOLINE INC (VVV). Click either name above to swap in a different company.
VALVOLINE INC is the larger business by last-quarter revenue ($461.8M vs $272.2M, roughly 1.7× KILROY REALTY CORP). KILROY REALTY CORP runs the higher net margin — 6.3% vs -7.1%, a 13.4% gap on every dollar of revenue. On growth, VALVOLINE INC posted the faster year-over-year revenue change (11.5% vs -5.0%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $7.4M). Over the past eight quarters, VALVOLINE INC's revenue compounded faster (9.0% 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.
Valvoline Inc. is an American retail automotive services company based in Lexington, Kentucky. It licenses the name for a number of Valvoline-labeled automotive oil, additives, and lubricants. It also owns the Valvoline Instant Oil Change, Great Canadian Oil Change and Valvoline Express Care car repair chains. As of 2023, it is the second largest oil change service provider in the United States with 10% market share and over 1,650 locations.
KRC vs VVV — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $272.2M | $461.8M |
| Net Profit | $17.1M | $-32.8M |
| Gross Margin | — | 37.4% |
| Operating Margin | — | 4.0% |
| Net Margin | 6.3% | -7.1% |
| Revenue YoY | -5.0% | 11.5% |
| Net Profit YoY | -73.7% | -135.8% |
| EPS (diluted) | $0.11 | $-0.26 |
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 | $461.8M | ||
| Q3 25 | $279.7M | $453.8M | ||
| Q2 25 | $289.9M | $439.0M | ||
| Q1 25 | $270.8M | $403.2M | ||
| Q4 24 | $286.4M | $414.3M | ||
| Q3 24 | $289.9M | $435.5M | ||
| Q2 24 | $280.7M | $421.4M | ||
| Q1 24 | $278.6M | $388.7M |
| Q4 25 | $17.1M | $-32.8M | ||
| Q3 25 | $162.3M | $25.0M | ||
| Q2 25 | $79.6M | $56.5M | ||
| Q1 25 | $43.7M | $37.6M | ||
| Q4 24 | $65.0M | $91.6M | ||
| Q3 24 | $57.7M | $92.3M | ||
| Q2 24 | $54.5M | $45.9M | ||
| Q1 24 | $55.7M | $41.4M |
| Q4 25 | — | 37.4% | ||
| Q3 25 | — | 39.1% | ||
| Q2 25 | — | 40.5% | ||
| Q1 25 | — | 37.3% | ||
| Q4 24 | — | 36.9% | ||
| Q3 24 | — | 39.1% | ||
| Q2 24 | — | 39.7% | ||
| Q1 24 | — | 37.6% |
| Q4 25 | — | 4.0% | ||
| Q3 25 | — | 18.6% | ||
| Q2 25 | — | 21.6% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 34.7% | ||
| Q3 24 | — | 30.9% | ||
| Q2 24 | — | 22.2% | ||
| Q1 24 | — | 19.7% |
| Q4 25 | 6.3% | -7.1% | ||
| Q3 25 | 58.0% | 5.5% | ||
| Q2 25 | 27.4% | 12.9% | ||
| Q1 25 | 16.1% | 9.3% | ||
| Q4 24 | 22.7% | 22.1% | ||
| Q3 24 | 19.9% | 21.2% | ||
| Q2 24 | 19.4% | 10.9% | ||
| Q1 24 | 20.0% | 10.7% |
| Q4 25 | $0.11 | $-0.26 | ||
| Q3 25 | $1.31 | $0.20 | ||
| Q2 25 | $0.57 | $0.44 | ||
| Q1 25 | $0.33 | $0.29 | ||
| Q4 24 | $0.50 | $0.71 | ||
| Q3 24 | $0.44 | $0.70 | ||
| Q2 24 | $0.41 | $0.35 | ||
| Q1 24 | $0.42 | $0.32 |
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 | $69.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.4B | $307.6M |
| Total Assets | $10.9B | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $179.3M | $69.9M | ||
| Q3 25 | $372.4M | $51.6M | ||
| Q2 25 | $193.1M | $68.3M | ||
| Q1 25 | $146.7M | $61.9M | ||
| Q4 24 | $165.7M | $60.0M | ||
| Q3 24 | $625.4M | $68.3M | ||
| Q2 24 | $835.9M | $65.7M | ||
| Q1 24 | $855.0M | $494.5M |
| Q4 25 | $5.4B | $307.6M | ||
| Q3 25 | $5.5B | $338.5M | ||
| Q2 25 | $5.4B | $313.6M | ||
| Q1 25 | $5.4B | $248.7M | ||
| Q4 24 | $5.4B | $229.8M | ||
| Q3 24 | $5.4B | $185.6M | ||
| Q2 24 | $5.4B | $106.5M | ||
| Q1 24 | $5.4B | $60.1M |
| Q4 25 | $10.9B | $3.4B | ||
| Q3 25 | $11.0B | $2.7B | ||
| Q2 25 | $10.9B | $2.6B | ||
| Q1 25 | $10.9B | $2.5B | ||
| Q4 24 | $10.9B | $2.3B | ||
| Q3 24 | $11.4B | $2.4B | ||
| Q2 24 | $11.5B | $2.4B | ||
| Q1 24 | $11.6B | $2.8B |
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 | $64.8M |
| Free Cash FlowOCF − Capex | $450.3M | $7.4M |
| FCF MarginFCF / Revenue | 165.4% | 1.6% |
| Capex IntensityCapex / Revenue | 42.6% | 12.4% |
| Cash ConversionOCF / Net Profit | 33.10× | — |
| TTM Free Cash FlowTrailing 4 quarters | $833.0M | $57.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $566.3M | $64.8M | ||
| Q3 25 | $176.6M | $121.9M | ||
| Q2 25 | $143.7M | $86.9M | ||
| Q1 25 | $136.9M | $47.2M | ||
| Q4 24 | $541.1M | $41.2M | ||
| Q3 24 | $176.3M | $101.3M | ||
| Q2 24 | $88.7M | $75.6M | ||
| Q1 24 | $167.9M | $68.3M |
| Q4 25 | $450.3M | $7.4M | ||
| Q3 25 | $148.7M | $23.0M | ||
| Q2 25 | $118.4M | $32.0M | ||
| Q1 25 | $115.6M | $-4.6M | ||
| Q4 24 | $440.8M | $-12.4M | ||
| Q3 24 | $147.2M | $29.9M | ||
| Q2 24 | $69.5M | $9.8M | ||
| Q1 24 | $151.9M | $23.4M |
| Q4 25 | 165.4% | 1.6% | ||
| Q3 25 | 53.1% | 5.1% | ||
| Q2 25 | 40.9% | 7.3% | ||
| Q1 25 | 42.7% | -1.1% | ||
| Q4 24 | 153.9% | -3.0% | ||
| Q3 24 | 50.8% | 6.9% | ||
| Q2 24 | 24.7% | 2.3% | ||
| Q1 24 | 54.5% | 6.0% |
| Q4 25 | 42.6% | 12.4% | ||
| Q3 25 | 10.0% | 21.8% | ||
| Q2 25 | 8.7% | 12.5% | ||
| Q1 25 | 7.9% | 12.8% | ||
| Q4 24 | 35.0% | 12.9% | ||
| Q3 24 | 10.1% | 16.4% | ||
| Q2 24 | 6.8% | 15.6% | ||
| Q1 24 | 5.7% | 11.6% |
| Q4 25 | 33.10× | — | ||
| Q3 25 | 1.09× | 4.88× | ||
| Q2 25 | 1.81× | 1.54× | ||
| Q1 25 | 3.13× | 1.26× | ||
| Q4 24 | 8.32× | 0.45× | ||
| Q3 24 | 3.06× | 1.10× | ||
| Q2 24 | 1.63× | 1.65× | ||
| Q1 24 | 3.01× | 1.65× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KRC
Segment breakdown not available.
VVV
| Oil Change And Related Fees | $337.7M | 73% |
| Non Oil Change And Related Fees | $100.5M | 22% |
| Franchise Fees And Other | $23.6M | 5% |
