Company: KW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001408100-25-000179
Chunk: 342

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 342
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 $319.2 $444.4 $740.5 

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

75

Three Months Ended September 30,(dollars in millions)20252024202320222021Net (loss) income       $(10.2)$(66.8)$(64.1)$23.6 $72.5 Non-GAAP adjustments:Add back (less):Depreciation and amortization32.6 36.9 38.8 46.1 39.2 Kennedy Wilson's share of depreciation and amortization included in unconsolidated investments1.0 0.9 0.8 0.8 1.1 Share-based compensation6.5 6.1 7.3 7.3 6.9 Preferred dividends(10.8)(10.8)(10.8)(7.9)(4.3)Net income attributable to the noncontrolling interests, before depreciation and amortization(1.1)(1.0)(18.7)(1.2)(3.5)Adjusted Net Income (Loss)(1)$18.0 $(34.7)$(46.7)$68.7 $111.9 

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

Nine Months Ended September 30,(dollars in millions)20252024202320222021Net (loss) income     $(34.2)$(77.4)$(45.5)$62.7 $292.1 Non-GAAP adjustments:Add back (less):Depreciation and amortization101.2 112.2 118.3 132.7 125.3 Kennedy Wilson's share of depreciation and amortization included in unconsolidated investments2.8 2.9 2.4 2.8 4.2 Share-based compensation19.3 17.3 21.7 21.7 21.9 Preferred dividends(32.6)(32.6)(27.1)(21.0)(12.9)Net income attributable to the noncontrolling interests, before depreciation and amortization(4.7)(3.4)(25.2)(3.4)(7.1)Adjusted Net Income(