Company: KW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001408100-25-000179
Chunk: 286

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 286
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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 1,877.9 1,934.3 2,062.6 1,852.3 KWE unsecured bonds352.4 309.8 522.8 506.4 622.8 Kennedy Wilson equity1,527.5 1,601.2 1,755.1 1,964.0 1,777.6 Noncontrolling interests32.5 34.8 43.3 46.4 26.3 Total equity1,560.0 1,636.0 1,798.4 2,010.4 1,803.9 Common shares outstanding137.9 137.4 138.7 137.8 138.0 

The following table shows the historical U.S. federal income tax treatment of Company’s common stock dividend for the years ended December 31, 2024 through 2020:  

44

December 31,20242023202220212020Taxable Dividend100.00 %— %37.81 %— %27.14 %Non-Taxable Return of Capital— %100.00 %62.19 %100.