Company: KW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001408100-25-000179
Chunk: 156

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 156
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$444.4 $740.5 % change6 %9 %(28)%(40)%— %Adjusted Net Income$51.8 $19.0 $44.6 $195.5 $423.5 Adjusted Net Income percentage change173 %(57)%(77)%(54)%— %Non-cash fair value (loss) gains $(0.4)$(19.4)$(73.3)$78.3 $111.0 Non-cash carried interests (decreases) increases$(1.4)$(45.1)$(36.3)$0.5 $62.0 Consolidated NOI$163.8 $175.4 $211.3 $221.6 $178.4 % change(7)%(17)%(5)%24 %— %JV NOI$156.5 $139.8 $123.8 $118.2 $87.9 % change12 %13 %5 %34 %— %Fee-bearing capital$9.7 $8.8 $8.2 $5.6 $4.8 % change10 %7 %46 %17 %— %AUM$31.0 $27.8 $24.7 $21.9 $20.5 % change12 %13 %13 %7 %— %

(1) Please refer to "Certain Non-GAAP Measures and Reconciliations" for a reconciliation of certain non-GAAP items to U.S. GAAP.     

The following tables show selected financial items as of September 30, 2025 and as of December 31, 2024 through 2021:

September 30,December 31,(in millions)20252024202320222021Cash and cash equivalents$382.6 $217.5 $313.7 $439.3 $524.8 Total assets6,698.2 6,961.1 7,712.1 8,271.8 7,876.5 Mortgage debt2,372.2 2,597.2 2,840.9 3,018.0 2,959.8 KW unsecured debt1,886.3 1,