15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 2.0% per year over the past 5 years.
Net income has grown slower than revenue (-26.1% vs 2.0% per year).
Financial health
Total debt has grown faster than revenue (92.5% vs 2.0% per year).
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 285.7% of earnings.
The dividend has declined 11.6% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$501M
$24M
0.0%
0.0%
—
—
$185M
2024
$531M
-$34M
0.0%
0.0%
—
—
$218M
2023
$563M
-$281M
0.0%
0.0%
—
—
$314M
2022
$540M
$102M
0.0%
0.0%
—
—
$439M
2021
$454M
$336M
0.0%
0.0%
—
—
$525M
2020
$454M
$108M
0.0%
0.0%
—
—
$965M
2019
$569M
$321M
0.0%
0.0%
—
—
$574M
2018
$772M
$212M
0.0%
0.0%
—
—
$488M
2017
$802M
$138M
0.0%
13.6%
—
—
$351M
2016
$690M
$77M
0.0%
20.0%
—
—
$886M
2015
—
$59M
—
—
—
$4.4B
$732M
2014
—
$90M
—
—
—
$3.0B
$938M
2013
—
$14M
—
—
—
$851M
$178M
2012
—
$7M
—
—
—
$686M
$121M
2011
—
$8M
—
—
—
$320M
$116M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$117M
$25M
0.0%
0.0%
—
—
$185M
Dec '25
$121M
$58M
0.0%
0.0%
—
—
$185M
Sep '25
$116M
-$10M
0.0%
0.0%
—
—
$383M
Jun '25
$136M
$6M
0.0%
0.0%
—
—
$309M
Mar '25
$128M
-$30M
0.0%
0.0%
—
—
$357M
Dec '24
$136M
$44M
0.0%
0.0%
—
—
$218M
Sep '24
$128M
-$67M
0.0%
0.0%
—
—
$367M
Jun '24
$132M
-$48M
0.0%
0.0%
—
—
$367M
Mar '24
$136M
$38M
0.0%
0.0%
—
—
$542M
Dec '23
$140M
-$236M
0.0%
0.0%
—
—
$314M
Sep '23
$144M
-$64M
0.0%
0.0%
—
—
$331M
Jun '23
$147M
$47M
0.0%
0.0%
—
—
$387M
Mar '23
$132M
-$29M
0.0%
0.0%
—
—
$349M
Dec '22
$140M
$39M
0.0%
0.0%
—
—
$439M
Sep '22
$140M
$24M
0.0%
0.0%
—
—
$420M
Jun '22
$136M
-$900000
0.0%
0.0%
—
—
$461M
Mar '22
$125M
$40M
0.0%
0.0%
—
—
$462M
Dec '21
$131M
$44M
0.0%
0.0%
—
—
$525M
Sep '21
$114M
$73M
0.0%
0.0%
—
—
—
Jun '21
$108M
$221M
0.0%
0.0%
—
—
—
Valuation over time
How the market has priced KW against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 22.7× (Mar '23) to 63.9× (Jun '26).
The price-to-sales ratio has fallen from 4.3× (Mar '23) to 3.0× (Jun '26).
The dividend yield has fallen from 5.8% (Mar '23) to 4.5% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is KW growing its revenue and profit?
Over the past 5 years, Kennedy-Wilson Holdings, Inc.'s revenue has grown 2.0% per year, and net income declined 26.1% per year. These are computed facts, not advice.
How much debt does KW have?
As of FY2025, Kennedy-Wilson Holdings, Inc. reported — of total debt against $185M of cash.
What is KW's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 4.8%.
What is KW's P/E ratio?
As of Jun '26, Kennedy-Wilson Holdings, Inc. traded at a price-to-earnings ratio of about 63.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.