Company: KW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001408100-25-000147
Chunk: 331

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 331
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vision for (benefit from) income taxes4.4 (11.8)10.3 0.4 64.9 Share-based compensation6.5 6.0 7.3 7.3 7.3 EBITDA attributable to noncontrolling interests(2.7)(1.6)(1.7)(2.0)(3.5)Adjusted EBITDA(1)$147.1 $79.3 $195.1 $118.4 $410.2 

(1) See "Non-GAAP Measures and Certain Definitions" for definitions and discussion of Adjusted EBITDA.

Six Months Ended June 30,(dollars in millions)20252024202320222021Net (loss) income      $(24.0)$(10.6)$18.6 $39.1 $219.6 Non-GAAP AdjustmentsAdd back (less):Interest expense123.9 128.5 128.3 103.7 96.1 Loss on early extinguishment of debt2.1 0.2 1.6 1.1 38.6 Kennedy Wilson's share of interest expense included in unconsolidated investments65.4 64.3 43.1 26.4 16.8 Depreciation and amortization68.6 75.3 79.5 86.6 86.1 Kennedy Wilson's share of depreciation and amortization included in unconsolidated investments1.8 2.0 1.6 2.0 3.1 (Benefit from) provision for income taxes(0.5)14.9 6.4 8.6 67.6 Kennedy Wilson's share of taxes included in unconsolidated investments— 0.2 0.2 — — Share-based compensation12.8 11.2 14.4 14.4 15.0 EBITDA attributable to noncontrolling interests(4.8)(3.5)(7.7)(3.4)(5.1)Adjusted EBITDA(1)$245.3 $282.5 $286.0 $278.5 $537.8 

(1) See "Non-GAAP Measures and Certain Definitions" for definitions and discussion of Adjusted E