Kennedy-Wilson Holdings Inc. (KW) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
151 S EL CAMINO DR BEVERLY HILLS, CA 90212 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 65 - Real Estate (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 420 | 461 | 462 | |||||
| Cash and cash equivalents | 420 | 461 | 462 | |||||
| Total current assets: | 420 | 461 | 462 | |||||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 8 | 9 | 9 | 10 | 11 | |||
| Property, plant and equipment | 1,260 | 1,308 | 1,287 | 1,236 | 1,218 | |||
| Long-term investments and receivables | 2,130 | 2,183 | 2,167 | 1,738 | 1,578 | |||
| Long-term investments | 2,130 | 2,183 | 2,167 | 1,738 | 1,578 | |||
| Intangible assets, net (including goodwill) | 307 | 336 | 353 | 346 | 357 | |||
| Goodwill | 24 | 24 | 24 | 24 | 24 | |||
| Intangible assets, net (excluding goodwill) | 283 | 312 | 330 | 322 | 334 | |||
| Deferred income tax assets | 7 | 8 | 10 | 23 | 26 | |||
| Total noncurrent assets: | 3,711 | 3,844 | 3,827 | 3,353 | 3,190 | |||
| Other undisclosed assets | 3,953 | 4,016 | 3,779 | 4,422 | 3,998 | |||
| TOTAL ASSETS: | 8,085 | 8,320 | 8,068 | 7,775 | 7,188 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Noncurrent Liabilities | ||||||||
| Other undisclosed liabilities | 6,141 | 6,330 | 6,005 | 5,942 | 5,360 | |||
| Total liabilities: | 6,141 | 6,330 | 6,005 | 5,942 | 5,360 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 1,926 | 1,966 | 2,038 | 1,800 | 1,797 | |||
| Preferred stock | 593 | 593 | 593 | 295 | 295 | |||
| Additional paid in capital | 1,672 | 1,665 | 1,658 | 1,702 | 1,720 | |||
| Accumulated other comprehensive loss | (471) | (442) | (406) | (394) | (383) | |||
| Retained earnings | 133 | 149 | 192 | 196 | 165 | |||
| Stockholders' equity attributable to noncontrolling interest | 17 | 24 | 26 | 33 | 31 | |||
| Total stockholders' equity: | 1,943 | 1,990 | 2,063 | 1,833 | 1,828 | |||
| TOTAL LIABILITIES AND EQUITY: | 8,085 | 8,320 | 8,068 | 7,775 | 7,188 | |||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 140 | 136 | 125 | (322) | 114 | 108 | |
| Cost of revenue | (74) | (76) | (88) | (76) | (83) | ||
| Gross profit: | 65 | 60 | 37 | 38 | 25 | ||
| Operating expenses | (55) | (53) | (51) | (48) | (51) | ||
| Operating income (loss): | 10 | 8 | (14) | (10) | (26) | ||
| Nonoperating expense | (20) | (50) | (45) | (45) | (45) | ||
| Investment income, nonoperating | (57) | (53) | (51) | (45) | (45) | ||
| Other nonoperating income | 37 | 4 | 6 | 0 | |||
| Interest and debt expense | (1) | (1) | (51) | (45) | (24) | ||
| Loss from continuing operations before equity method investments, income taxes: | (12) | (43) | (110) | (100) | (94) | ||
| Income from equity method investments | 12 | 31 | 105 | 143 | 52 | ||
| Other undisclosed income from continuing operations before income taxes | 37 | 12 | 52 | 60 | 328 | ||
| Income (loss) from continuing operations before income taxes: | 38 | (1) | 48 | 103 | 286 | ||
| Income tax expense | (14) | (0) | (8) | (31) | (65) | ||
| Net income (loss): | 24 | (1) | 40 | 73 | 221 | ||
| Net income (loss) attributable to noncontrolling interest | 1 | (0) | 0 | (2) | (2) | ||
| Net income (loss) attributable to parent: | 24 | (1) | 40 | 70 | 220 | ||
| Preferred stock dividends and other adjustments | (8) | (8) | (5) | (4) | (4) | ||
| Net income (loss) available to common stockholders, diluted: | 16 | (9) | 35 | 66 | 215 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 24 | (1) | 40 | 73 | 221 | ||
| Other comprehensive loss | (31) | (38) | (17) | (12) | (6) | ||
| Comprehensive income (loss): | (7) | (39) | 23 | 61 | 215 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 2 | 1 | 1 | (2) | (1) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (5) | (37) | 24 | 60 | 214 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.