A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
Kennedy-Wilson Holdings, Inc.
KW
$1.3B
Mkt Cap
Kennedy-Wilson Holdings, Inc. (KW) has a 5-year average return on invested capital (ROIC) of 1.9%. This is below average and may indicate limited pricing power.
Kennedy-Wilson Holdings, Inc. (KW) has a market capitalization of $1.5B. It is classified as a small-cap stock.
Yes, Kennedy-Wilson Holdings, Inc. (KW) pays a dividend with a trailing twelve-month yield of 4.36%. The company also returns capital through share buybacks, with a buyback yield of 0.94%.
Kennedy-Wilson Holdings, Inc. (KW) operates in the Real Estate industry, within the Real Estate sector.
Kennedy-Wilson Holdings, Inc. (KW) reported annual revenue of $501 million in its most recent fiscal year, based on SEC EDGAR filings.
Kennedy-Wilson Holdings, Inc. (KW) has a net profit margin of -7.7%. The company is currently unprofitable.
Kennedy-Wilson Holdings, Inc. (KW) generated $-55 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Company Overview We are a real estate investment company as well as an investment manager with over $36.4 billion of Real Estate Assets Under Management (“AUM”) in high growth markets across the United States, the United Kingdom and Ireland. With an objective of generating strong long-term risk-adjusted returns for our shareholders and partners and drawing on over three decades of experience in identifying opportunities and building value through various market cycles, we primarily focus on (i) investing in the rental housing sector (both market rate and affordable units) and industrial properties; and (ii) originating, managing and servicing real estate loans (primarily senior construction loans secured by high quality multifamily and student housing properties that are being developed by institutional sponsors throughout the United States).
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 490M | 501M | 531M | 563M | 540M | 454M |
| Net Income | 16M | -39M | -77M | -342M | 65M | 313M |
| EPS | $0.11 | $-0.28 | $-0.56 | $-2.46 | $0.47 | $2.24 |
| Free Cash Flow | -94M | -55M | -77M | -168M | -128M | -170M |
| ROIC | 0.0% | -2.5% | -4.6% | -18.4% | 10.2% | 24.7% |
| Gross Margin | - | 18.2% | 21.0% | 20.6% | 50.2% | 28.6% |
| Debt/Equity | 0.04 | 0.23 | 0.11 | 0.00 | 0.03 | 1.02 |
| Dividends/Share | $0.48 | $0.48 | $0.60 | $0.96 | $0.96 | $0.90 |
| Operating Income | 0 | -25M | -62M | -138M | 322M | 632M |
| Operating Margin | 0.0% | -5.0% | -11.6% | -24.5% | 59.6% | - |
| ROE | 1.0% | -2.5% | -4.6% | -18.4% | 3.5% | 18.3% |
| Shares Outstanding | 139M | 139M | 137M | 139M | 138M | 140M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 399M | 604M | 690M | 802M | 772M | 569M | 454M | 454M | 540M | 563M | 531M | 501M | 490M |
| Gross Margin | 23.8% | 38.3% | 34.1% | 36.3% | 38.2% | 40.6% | 40.2% | 28.6% | 50.2% | 20.6% | 21.0% | 18.2% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 42M | 44M | 45M | 42M | 51M | 42M | 35M | 33M | 37M | 36M | 39M | 36M | 36M |
| EBIT | 50M | 128M | 138M | 109M | 446M | 480M | 338M | 632M | 322M | -138M | -62M | -25M | 0 |
| Op. Margin | 12.5% | 21.3% | 20.0% | 13.6% | 57.8% | 84.3% | 74.5% | N/A | 59.6% | -24.5% | -11.6% | -5.0% | 0.0% |
| Net Income | 14M | 71M | 2.8M | 101M | 150M | 224M | 93M | 313M | 65M | -342M | -77M | -39M | 16M |
| Net Margin | 3.5% | 11.8% | 0.4% | 12.5% | 19.4% | 39.4% | 20.5% | 69.0% | 12.0% | -60.8% | -14.4% | -7.7% | 3.2% |
| Non-Recurring | 7.7M | 71M | 138M | 258M | 376M | 434M | 338M | 413M | 104M | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | 1.6% | 2.0% | 3.8% | 6.8% | 21.0% | 32.8% | 27.2% | 24.7% | 10.2% | -18.4% | -4.6% | -2.5% | 0.0% |
| ROE | 1.7% | 7.0% | 0.3% | 8.3% | 11.5% | 15.3% | 5.6% | 18.3% | 3.5% | -18.4% | -4.6% | -2.5% | 1.0% |
| ROA | 0.3% | 1.0% | 0.0% | 1.3% | 2.0% | 3.1% | 1.3% | 4.1% | 0.8% | -4.3% | -1.0% | -0.6% | 0.2% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 98M | 178M | 103M | 73M | 93M | -20M | -13M | -30M | 33M | 49M | 55M | 11M | -25M |
| Free Cash Flow | -1.9B | -1.7B | -847M | -174M | -123M | -211M | -207M | -170M | -128M | -168M | -77M | -55M | -94M |
| Owner Earnings | 78M | 138M | 21M | -178M | -150M | -237M | -225M | -225M | -169M | -143M | -117M | -147M | -180M |
| CapEx | 2.0B | 1.9B | 950M | 247M | 216M | 191M | 194M | 139M | 161M | 217M | 132M | 67M | 70M |
| Maint. CapEx | 4.4M | 9.0M | 17M | 213M | 206M | 188M | 180M | 166M | 173M | 158M | 148M | 133M | 131M |
| Growth CapEx | 2.0B | 1.9B | 933M | 34M | 9.9M | 3.5M | 14M | 0 | 0 | 59M | 0 | 0 | 0 |
| D&A | 4.4M | 9.0M | 17M | 213M | 206M | 188M | 180M | 166M | 173M | 158M | 148M | 133M | 131M |
| CapEx/OCF | 2000.2% | 1081.7% | 922.8% | 337.9% | 232.0% | N/A | N/A | N/A | 489.1% | 444.2% | 238.8% | 584.2% | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 31M | 48M | 62M | 59M | 111M | 115M | 126M | 124M | 135M | 136M | 100M | 68M | 66M |
| Dividend Yield | 2.1% | 2.9% | 4.1% | 3.9% | 6.0% | 5.5% | 7.6% | 5.6% | 6.2% | 7.5% | 7.9% | 6.2% | 4.4% |
| Share Buybacks | 8.2M | 11M | 65M | 68M | 178M | 21M | 57M | 83M | 31M | 21M | 15M | 9.2M | 14M |
| Buyback Yield | 0.5% | 0.7% | 4.4% | 4.9% | 10.0% | 0.9% | 3.0% | 3.2% | 1.8% | 1.4% | 1.2% | 0.7% | 0.9% |
| Stock-Based Comp | 16M | 31M | 65M | 38M | 37M | 30M | 32M | 29M | 29M | 35M | 24M | 26M | 24M |
| Debt Repayment | 39M | 22M | 11M | 9.5M | 9.5M | 4.8M | 5.6M | 36M | 5.0M | 700K | 14M | 4.3M | 4.3M |
| Balance Sheet | |||||||||||||
| Net Debt | 2.2B | 3.7B | 297M | 490M | 237M | -574M | -977M | 1.3B | -374M | -314M | -36M | 168M | -128M |
| Cash & Equiv. | 938M | 732M | 886M | 351M | 488M | 574M | 965M | 525M | 439M | 314M | 218M | 185M | 185M |
| Long-Term Debt | 3.0B | 4.4B | 250M | 0 | 247M | 0 | 0 | 1.8B | 0 | 0 | N/A | N/A | 57M |
| Debt/Equity | 3.47 | 3.88 | 1.14 | 0.62 | 0.58 | 0.00 | 0.00 | 1.02 | 0.03 | 0.00 | 0.11 | 0.23 | 0.04 |
| Interest Coverage | 0.9 | 0.8 | 0.7 | 0.5 | 1.9 | 2.2 | 1.7 | 3.3 | 1.5 | -0.5 | -13.7 | N/A | N/A |
| Equity | 901M | 1.1B | 1.0B | 1.4B | 1.2B | 1.7B | 1.6B | 1.8B | 2.0B | 1.8B | 1.6B | 1.5B | 1.5B |
| Total Assets | 6.3B | 7.6B | 7.7B | 7.7B | 7.4B | 7.3B | 7.3B | 7.9B | 8.3B | 7.7B | 7.0B | 6.6B | 6.8B |
| Total Liabilities | 3.3B | 4.7B | 5.3B | 6.1B | 6.0B | 5.6B | 5.7B | 6.1B | 6.3B | 5.9B | 5.3B | 5.0B | 5.3B |
| Intangibles | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | -62M | -44M | -112M | -91M | -56M | 46M | 18M | 192M | 122M | -349M | -494M | -594M | -597M |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Liabilities | 265M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Per Share Data | |||||||||||||
| EPS | 0.14 | 0.66 | 0.02 | 0.83 | 1.04 | 1.58 | 0.66 | 2.24 | 0.47 | -2.46 | -0.56 | -0.28 | 0.11 |
| Owner EPS | 0.79 | 1.28 | 0.18 | -1.47 | -1.04 | -1.67 | -1.59 | -1.61 | -1.23 | -1.03 | -0.86 | -1.06 | -1.29 |
| Book Value | 9.14 | 10.52 | 9.05 | 11.28 | 8.64 | 11.84 | 11.68 | 12.71 | 14.25 | 12.63 | 11.72 | 11.08 | 10.89 |
| Cash Flow/Share | 1.00 | 1.65 | 0.89 | 0.60 | 0.65 | -0.14 | -0.09 | -0.22 | 0.24 | 0.35 | 0.40 | 0.08 | 1.05 |
| Dividends/Share | 0.36 | 0.48 | 0.56 | 0.70 | 0.78 | 0.85 | 0.88 | 0.90 | 0.96 | 0.96 | 0.60 | 0.48 | 0.48 |
| Shares Out. | 98.6M | 107.7M | 115.7M | 121.1M | 144.2M | 141.8M | 140.8M | 139.8M | 137.9M | 138.9M | 136.6M | 138.6M | 139.3M |
| Valuation | |||||||||||||
| P/E Ratio | 110.8 | 22.5 | N/A | 13.7 | 11.9 | 10.0 | 20.7 | 8.2 | 26.7 | N/A | N/A | N/A | 96.8 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | 74.6 | 41.0 | 12.8 | 17.2 | 154.0 | 3.5 | 2.8 | 6.1 | 37.6 | N/A | 819.8 | N/A | N/A |
| Price/Book | 1.7 | 1.4 | 1.4 | 1.0 | 1.4 | 1.3 | 1.2 | 1.4 | 0.9 | 0.9 | 0.8 | 0.9 | 1.0 |
| Price/Sales | 3.6 | 2.7 | 2.2 | 1.9 | 2.4 | 3.7 | 3.6 | 4.9 | 4.0 | 3.2 | 2.4 | 2.2 | 3.1 |
| FCF Yield | -121.9% | -109.4% | -57.7% | -12.6% | -6.9% | -9.4% | -10.7% | -6.6% | -7.4% | -11.0% | -6.0% | -4.1% | -6.2% |
| Market Cap | 1.5B | 1.6B | 1.5B | 1.4B | 1.8B | 2.2B | 1.9B | 2.6B | 1.7B | 1.5B | 1.3B | 1.3B | 1.5B |
| Avg. Price | 14.68 | 15.35 | 12.92 | 12.69 | 12.87 | 14.75 | 11.77 | 15.76 | 15.86 | 13.05 | 9.31 | 7.90 | 10.92 |
| Year-End Price | 15.51 | 14.84 | 12.68 | 11.39 | 12.35 | 15.77 | 13.69 | 18.42 | 12.56 | 11.03 | 9.38 | 9.60 | 10.92 |
Kennedy-Wilson Holdings, Inc. passes 2 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average ROIC is 1.9% with a gross margin of 27.7%. Total shareholder yield (dividends + buybacks) is 5.3%. At current prices, the estimated annualized return to fair value is -33.2%.
Kennedy-Wilson Holdings, Inc. (KW) has a debt-to-equity ratio of 0.23. This indicates a conservatively financed balance sheet.
Kennedy-Wilson Holdings, Inc. (KW) reported earnings per share (EPS) of $-0.28 in its most recent fiscal year.
Kennedy-Wilson Holdings, Inc. (KW) has a return on equity (ROE) of -2.5%. A negative ROE may indicate losses or negative equity.
Kennedy-Wilson Holdings, Inc. (KW) has a 5-year average gross margin of 27.7%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 17 years of financial data for Kennedy-Wilson Holdings, Inc. (KW), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Kennedy-Wilson Holdings, Inc. (KW) has a book value per share of $11.08, based on its most recent annual SEC filing.