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

KITE REALTY GROUP TRUST is the larger business by last-quarter revenue ($200.7M vs $161.5M, roughly 1.2× UNITIL CORP). UNITIL CORP runs the higher net margin — 11.8% vs 0.2%, a 11.6% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs -9.2%). Over the past eight quarters, KITE REALTY GROUP TRUST's revenue compounded faster (-2.8% CAGR vs -4.9%).

Kite Realty Group Trust is a publicly traded U.S.-headquartered real estate investment trust. It primarily owns, operates, and develops high-quality open-air shopping centers and mixed-use properties, with a portfolio spanning key regional markets across the United States. Its tenant base includes national retail chains, local independent merchants, and dining and entertainment operators, serving local community consumer 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...

KRG vs UTL — Head-to-Head

Bigger by revenue
KRG
KRG
1.2× larger
KRG
$200.7M
$161.5M
UTL
Growing faster (revenue YoY)
UTL
UTL
+35.9% gap
UTL
26.7%
-9.2%
KRG
Higher net margin
UTL
UTL
11.6% more per $
UTL
11.8%
0.2%
KRG
Faster 2-yr revenue CAGR
KRG
KRG
Annualised
KRG
-2.8%
-4.9%
UTL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
KRG
KRG
UTL
UTL
Revenue
$200.7M
$161.5M
Net Profit
$330.0K
$19.0M
Gross Margin
Operating Margin
21.5%
Net Margin
0.2%
11.8%
Revenue YoY
-9.2%
26.7%
Net Profit YoY
-51.6%
21.8%
EPS (diluted)
$0.06
$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
KRG
KRG
UTL
UTL
Q1 26
$200.7M
Q4 25
$204.2M
$161.5M
Q3 25
$205.1M
$101.1M
Q2 25
$213.4M
$102.6M
Q1 25
$221.8M
$170.8M
Q4 24
$214.7M
$127.5M
Q3 24
$207.3M
$92.9M
Q2 24
$212.4M
$95.7M
Net Profit
KRG
KRG
UTL
UTL
Q1 26
$330.0K
Q4 25
$180.8M
$19.0M
Q3 25
$-16.2M
$-300.0K
Q2 25
$110.3M
$4.0M
Q1 25
$23.7M
$27.5M
Q4 24
$21.8M
$15.6M
Q3 24
$16.7M
$0
Q2 24
$-48.6M
$4.3M
Operating Margin
KRG
KRG
UTL
UTL
Q1 26
Q4 25
21.5%
Q3 25
6.9%
Q2 25
13.0%
Q1 25
24.2%
27.0%
Q4 24
23.0%
22.1%
Q3 24
21.7%
6.2%
Q2 24
-10.5%
13.0%
Net Margin
KRG
KRG
UTL
UTL
Q1 26
0.2%
Q4 25
88.6%
11.8%
Q3 25
-7.9%
-0.3%
Q2 25
51.7%
3.9%
Q1 25
10.7%
16.1%
Q4 24
10.2%
12.2%
Q3 24
8.1%
Q2 24
-22.9%
4.5%
EPS (diluted)
KRG
KRG
UTL
UTL
Q1 26
$0.06
Q4 25
$0.83
$1.05
Q3 25
$-0.07
$-0.02
Q2 25
$0.50
$0.25
Q1 25
$0.11
$1.69
Q4 24
$0.10
$0.97
Q3 24
$0.08
$0.00
Q2 24
$-0.22
$0.27

Balance Sheet & Financial Strength

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

Metric
KRG
KRG
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$32.5M
$15.6M
Total DebtLower is stronger
$670.5M
Stockholders' EquityBook value
$2.9B
$609.6M
Total Assets
$6.4B
$2.1B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRG
KRG
UTL
UTL
Q1 26
$32.5M
Q4 25
$36.8M
$15.6M
Q3 25
$68.7M
$14.6M
Q2 25
$182.0M
$8.5M
Q1 25
$49.1M
$10.2M
Q4 24
$478.1M
$6.3M
Q3 24
$467.5M
$6.3M
Q2 24
$273.8M
$2.8M
Total Debt
KRG
KRG
UTL
UTL
Q1 26
Q4 25
$3.0B
$670.5M
Q3 25
$2.9B
$670.5M
Q2 25
$3.0B
$640.7M
Q1 25
$2.9B
$642.1M
Q4 24
$3.2B
$643.3M
Q3 24
$3.2B
$643.3M
Q2 24
$3.0B
$511.3M
Stockholders' Equity
KRG
KRG
UTL
UTL
Q1 26
$2.9B
Q4 25
$3.1B
$609.6M
Q3 25
$3.2B
$597.2M
Q2 25
$3.3B
$532.8M
Q1 25
$3.3B
$534.1M
Q4 24
$3.3B
$512.5M
Q3 24
$3.3B
$502.4M
Q2 24
$3.4B
$508.8M
Total Assets
KRG
KRG
UTL
UTL
Q1 26
$6.4B
Q4 25
$6.7B
$2.1B
Q3 25
$6.6B
$1.9B
Q2 25
$6.9B
$1.9B
Q1 25
$6.7B
$1.9B
Q4 24
$7.1B
$1.8B
Q3 24
$7.1B
$1.7B
Q2 24
$7.0B
$1.7B
Debt / Equity
KRG
KRG
UTL
UTL
Q1 26
Q4 25
0.98×
1.10×
Q3 25
0.93×
1.12×
Q2 25
0.91×
1.20×
Q1 25
0.89×
1.20×
Q4 24
0.97×
1.26×
Q3 24
0.97×
1.28×
Q2 24
0.88×
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
KRG
KRG
UTL
UTL
Operating Cash FlowLast quarter
$21.4M
Free Cash FlowOCF − Capex
$-36.3M
FCF MarginFCF / Revenue
-22.5%
Capex IntensityCapex / Revenue
3.3%
35.7%
Cash ConversionOCF / Net Profit
1.13×
TTM Free Cash FlowTrailing 4 quarters
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRG
KRG
UTL
UTL
Q1 26
Q4 25
$106.6M
$21.4M
Q3 25
$116.2M
$15.6M
Q2 25
$132.8M
$42.2M
Q1 25
$74.1M
$52.1M
Q4 24
$111.0M
$23.3M
Q3 24
$112.4M
$26.1M
Q2 24
$142.1M
$49.9M
Free Cash Flow
KRG
KRG
UTL
UTL
Q1 26
Q4 25
$-36.3M
Q3 25
$-39.0M
Q2 25
$2.0M
Q1 25
$19.5M
Q4 24
$-32.3M
Q3 24
$-31.3M
Q2 24
$13.2M
FCF Margin
KRG
KRG
UTL
UTL
Q1 26
Q4 25
-22.5%
Q3 25
-38.6%
Q2 25
1.9%
Q1 25
11.4%
Q4 24
-25.3%
Q3 24
-33.7%
Q2 24
13.8%
Capex Intensity
KRG
KRG
UTL
UTL
Q1 26
3.3%
Q4 25
35.7%
Q3 25
54.0%
Q2 25
39.2%
Q1 25
19.1%
Q4 24
43.6%
Q3 24
61.8%
Q2 24
38.3%
Cash Conversion
KRG
KRG
UTL
UTL
Q1 26
Q4 25
0.59×
1.13×
Q3 25
Q2 25
1.20×
10.55×
Q1 25
3.12×
1.89×
Q4 24
5.09×
1.49×
Q3 24
6.72×
Q2 24
11.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KRG
KRG

Rental income$198.0M99%
Fee income$1.3M1%

UTL
UTL

Segment breakdown not available.

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