KILROY REALTY CORP
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $302.6M | $233.0M | $238.3M | $259.5M | $658.9M | $207.3M | $195.4M | $258.4M |
| Depreciation & Amortization | $349.3M | $349.8M | $348.1M | $350.7M | $303.8M | $290.4M | $268.0M | $249.9M |
| Depreciation | — | — | — | — | — | — | $5.1M | $4.4M |
| Amortization | $40.7M | $38.1M | $41.0M | $52.2M | $40.1M | $35.1M | $45.2M | $40.4M |
| Stock-Based Compensation | $19.1M | $17.7M | $36.9M | $28.3M | $33.8M | $30.2M | $27.0M | $27.9M |
| Net Cash from Operating Activities | $566.3M | $541.1M | $602.6M | $592.2M | $516.4M | $455.6M | $386.5M | $410.0M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-240.0M | $-225.0M | $-800.4M | $-553.2M | $-747.9M | $-542.1M | $-1.23B | $-808.9M |
| Financing Activities | ||||||||
| Dividends Paid | $257.9M | $256.3M | $255.4M | $247.6M | $237.4M | $224.6M | $196.3M | $179.4M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-312.7M | $-660.6M | $360.6M | $-118.7M | $-164.6M | $833.3M | $747.1M | $503.1M |
| Net Change in Cash | $13.6M | $-344.5M | $162.8M | $-79.7M | $-396.0M | $746.8M | $-94.7M | $104.2M |
| Free Cash Flow | — | — | — | — | — | — | — | — |