Here are the 10-K annual reports from KENNEDY-WILSON HOLDINGS, INC. (KW) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow KW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KW filings page.
Kennedy-Wilson Holdings, Inc. filed an amendment to its annual report to add detailed Part III disclosures on directors, executive officers, governance and 2025 executive compensation.
The filing lists a 2025 non‑affiliate market value of $772,170,369 and 139,303,275 shares outstanding as of April 27, 2026. Named executive officers kept 2025 base salaries flat, including $1,500,000 for the CEO and $1,000,000 for the President.
2025 cash bonuses totaled $2,850,000 for the CEO, $2,000,000 for the President, and between $1,125,000 and $1,375,000 for other NEOs, driven by metrics such as Baseline EBITDA, cash from asset sales, investment management fee growth and absolute total shareholder return. Long‑term incentives were granted as performance‑based and retentive RSUs, with the CEO receiving a target of 1,096,473 RSUs (grant‑date fair value about $8.8 million).
The company reports 16% growth in investment management fees to $115 million, Real Estate AUM up 30% to $36 billion, about $610 million of cash from asset sales and related transactions, and full redemption of €300 million 3.25% notes in 2025. A Special Committee of independent directors was formed in November 2025 to evaluate a management‑led acquisition proposal. The filing also outlines board committee structures, ESG oversight, insider trading and ownership policies, and confirms approximately 66% support for the 2025 say‑on‑pay vote.
Kennedy-Wilson Holdings reports 2025 results and outlines a proposed take-private merger with Kona Bidco, backed by Fairfax-affiliated and rollover stockholders who would own 100% of the company, ending its public listing. GAAP revenue was $501.0 million, down from $531.4 million in 2024, and the net loss to common shareholders narrowed to $38.8 million from $76.5 million.
Adjusted EBITDA rose to $549.5 million and adjusted net income improved to $119.8 million, while AUM increased 30% to $36.4 billion and fee-bearing capital grew to $11.0 billion. The firm completed $1.9 billion of acquisitions and $3.6 billion of loan investments, expanded rental housing via the Toll apartment platform, and continued to grow its affordable housing and credit platforms. Cash was $184.5 million and total assets were $6.6 billion at year-end, with KWE unsecured bonds fully repaid.