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Side-by-side financial comparison of KILROY REALTY CORP (KRC) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $272.2M, roughly 1.2× KILROY REALTY CORP). KILROY REALTY CORP runs the higher net margin — 6.3% vs -18.0%, a 24.2% gap on every dollar of revenue. On growth, KILROY REALTY CORP posted the faster year-over-year revenue change (-5.0% vs -76.3%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $168.0M). Over the past eight quarters, KILROY REALTY CORP's revenue compounded faster (-1.2% CAGR vs -4.6%).
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.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
KRC vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $272.2M | $334.0M |
| Net Profit | $17.1M | $-60.0M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 6.3% | -18.0% |
| Revenue YoY | -5.0% | -76.3% |
| Net Profit YoY | -73.7% | -170.6% |
| EPS (diluted) | $0.11 | $-0.80 |
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.
| Q1 26 | — | $334.0M | ||
| Q4 25 | $272.2M | $334.0M | ||
| Q3 25 | $279.7M | $382.0M | ||
| Q2 25 | $289.9M | $397.0M | ||
| Q1 25 | $270.8M | $316.0M | ||
| Q4 24 | $286.4M | $336.0M | ||
| Q3 24 | $289.9M | $396.0M | ||
| Q2 24 | $280.7M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $17.1M | $-60.0M | ||
| Q3 25 | $162.3M | $105.0M | ||
| Q2 25 | $79.6M | $87.0M | ||
| Q1 25 | $43.7M | $61.0M | ||
| Q4 24 | $65.0M | $85.0M | ||
| Q3 24 | $57.7M | $102.0M | ||
| Q2 24 | $54.5M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | -11.4% | ||
| Q3 25 | — | 46.6% | ||
| Q2 25 | — | 37.8% | ||
| Q1 25 | — | 35.4% | ||
| Q4 24 | — | 38.4% | ||
| Q3 24 | — | 43.2% | ||
| Q2 24 | — | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | 6.3% | -18.0% | ||
| Q3 25 | 58.0% | 27.5% | ||
| Q2 25 | 27.4% | 21.9% | ||
| Q1 25 | 16.1% | 19.3% | ||
| Q4 24 | 22.7% | 25.3% | ||
| Q3 24 | 19.9% | 25.8% | ||
| Q2 24 | 19.4% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $0.11 | $-0.77 | ||
| Q3 25 | $1.31 | $1.36 | ||
| Q2 25 | $0.57 | $1.13 | ||
| Q1 25 | $0.33 | $0.78 | ||
| Q4 24 | $0.50 | $1.06 | ||
| Q3 24 | $0.44 | $1.29 | ||
| Q2 24 | $0.41 | $1.07 |
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 | $64.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.4B | $468.0M |
| Total Assets | $10.9B | $4.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $179.3M | $64.0M | ||
| Q3 25 | $372.4M | $70.0M | ||
| Q2 25 | $193.1M | $50.0M | ||
| Q1 25 | $146.7M | $48.0M | ||
| Q4 24 | $165.7M | $103.0M | ||
| Q3 24 | $625.4M | $72.0M | ||
| Q2 24 | $835.9M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $5.4B | $468.0M | ||
| Q3 25 | $5.5B | $583.0M | ||
| Q2 25 | $5.4B | $570.0M | ||
| Q1 25 | $5.4B | $579.0M | ||
| Q4 24 | $5.4B | $650.0M | ||
| Q3 24 | $5.4B | $583.0M | ||
| Q2 24 | $5.4B | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $10.9B | $4.2B | ||
| Q3 25 | $11.0B | $4.3B | ||
| Q2 25 | $10.9B | $4.3B | ||
| Q1 25 | $10.9B | $4.2B | ||
| Q4 24 | $10.9B | $4.2B | ||
| Q3 24 | $11.4B | $4.2B | ||
| Q2 24 | $11.5B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | — | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | $367.0M |
| Free Cash FlowOCF − Capex | $450.3M | $168.0M |
| FCF MarginFCF / Revenue | 165.4% | 50.3% |
| Capex IntensityCapex / Revenue | 42.6% | — |
| Cash ConversionOCF / Net Profit | 33.10× | — |
| TTM Free Cash FlowTrailing 4 quarters | $833.0M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $566.3M | $152.0M | ||
| Q3 25 | $176.6M | $86.0M | ||
| Q2 25 | $143.7M | $70.0M | ||
| Q1 25 | $136.9M | $59.0M | ||
| Q4 24 | $541.1M | $134.0M | ||
| Q3 24 | $176.3M | $79.0M | ||
| Q2 24 | $88.7M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $450.3M | $136.0M | ||
| Q3 25 | $148.7M | $75.0M | ||
| Q2 25 | $118.4M | $58.0M | ||
| Q1 25 | $115.6M | $52.0M | ||
| Q4 24 | $440.8M | $109.0M | ||
| Q3 24 | $147.2M | $71.0M | ||
| Q2 24 | $69.5M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 165.4% | 40.7% | ||
| Q3 25 | 53.1% | 19.6% | ||
| Q2 25 | 40.9% | 14.6% | ||
| Q1 25 | 42.7% | 16.5% | ||
| Q4 24 | 153.9% | 32.4% | ||
| Q3 24 | 50.8% | 17.9% | ||
| Q2 24 | 24.7% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 42.6% | 4.8% | ||
| Q3 25 | 10.0% | 2.9% | ||
| Q2 25 | 8.7% | 3.0% | ||
| Q1 25 | 7.9% | 2.2% | ||
| Q4 24 | 35.0% | 7.4% | ||
| Q3 24 | 10.1% | 2.0% | ||
| Q2 24 | 6.8% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 33.10× | — | ||
| Q3 25 | 1.09× | 0.82× | ||
| Q2 25 | 1.81× | 0.80× | ||
| Q1 25 | 3.13× | 0.97× | ||
| Q4 24 | 8.32× | 1.58× | ||
| Q3 24 | 3.06× | 0.77× | ||
| Q2 24 | 1.63× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KRC
Segment breakdown not available.
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
