BXP, Inc.

BXP, Inc.

65.01
USD
-0.23
(-0.35%)
2.60EPS
35.44P/E
10.58BMarket Cap
Feb 02Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
14.03
15.66
16.23
16.59
16.88
17.59
19.15
17.79
18.5
19.83
20.87
21.64
21.99
- -
Basic EPS, GAAP
4.87
2.83
3.73
3.27
2.93
3.71
3.31
5.55
3.18
5.42
1.21
0.09
1.75
- -
Free Cash Flow per Basic Share
5.11
4.54
5.21
6.73
5.91
7.45
7.64
7.44
7.26
8.18
8.3
7.84
7.86
- -
Dividend per Share
2.96
5.49
7.99
4.37
3.42
3.81
4.31
4.43
4.38
4.37
4.38
4.38
4.06
2.34
Book Value per Share
36.22
35.9
35.87
36.32
36.38
36.79
35.49
37.27
37.33
39.17
37.5
34.28
32.51
- -
Tangible Book Value per Share
36.22
35.9
35.87
36.32
36.38
36.79
35.49
37.27
37.33
39.17
37.5
34.28
32.51
- -
Basic Weighted Avg Shares
152
153
153
154
154
154
155
155
156
157
157
157
158
159
Sales/Revenue/Turnover
2,136
2,397
2,491
2,551
2,602
2,717
2,961
2,766
2,889
3,109
3,274
3,408
3,482
- -
Operating Margin (%)
32.22
33.58
34.15
32.54
34.93
34.12
35.39
32.79
33.69
34.15
31.73
29.99
29.13
- -
Depreciation Expense
565
629
640
694
618
646
680
686
721
752
833
889
912
- -
Net Income, GAAP
750
444
583
513
462
583
522
873
505
849
190
14
277
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
35.11
18.51
23.41
20.1
17.77
21.45
17.62
31.56
17.49
27.31
5.81
0.42
7.95
- -
Working Capital
2,266
1,700
858
639
860
1,229
1,301
2,402
1,156
1,494
2,431
1,815
1,787
- -
LT Debt
11,522
10,087
9,189
9,796
10,227
11,008
12,236
13,486
13,201
14,694
16,625
16,484
16,609
- -
Total Equity
7,044
7,903
7,887
7,932
8,102
8,214
8,023
8,347
8,043
8,370
8,192
7,948
7,692
- -
Return on Invested Capital (%)
4.1
4.39
4.84
4.75
5.03
4.77
5.03
4.3
4.27
4.81
4.32
4.05
3.69
- -
Return on Capital (%)
6.67
4.47
4.55
4.99
4.08
4.42
4.07
5.5
3.71
5.01
2.79
2.37
3.29
- -
Return on Common Equity (%)
13.95
7.85
10.4
9.05
8.07
10.13
9.15
15.27
8.52
14.17
3.16
0.25
5.23
- -

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
750
750
- -
LT Borrowings
14,864
14,869
- -
LT Finance Leases
745
740
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
159
160
160
Market Capitalization
8,235
10,578
9,758

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
2,287
2,344
- -
Cash, Cash Equivalents & STI
513
494
- -
Accounts Receivable, Net
90
91
- -
Inventories
- -
- -
- -
Total Current Liabilities
1,417
1,464
- -
Payables & Accruals
667
708
- -
ST Debt
750
750
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.21%
-1.58%
-3.21%
Free Cash Flow
5.26%
1.66%
0.86%
Net Income, GAAP
175.63%
339.06%
1,839.46%
Sales/Revenue/Turnover
3.49%
4.73%
2.19%
Total Cash Common Dividend
-4.37%
-1.02%
-6.78%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
839
850
859
859
3,408
2025
865
868
872
877
3,482
2026
872
896
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.51
0.51
0.53
-1.45
0.09
2025
0.39
0.56
-0.77
1.57
1.75
2026
0.64
0.43
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.09
1.1
1.1
1.09
4.38
2025
1.09
1.09
1.09
0.78
4.06
2026
0.78
0.78
- -
- -
- -

Company Description

CEO
Owen D. Thomas
Full Time Employees
826
Sector
Finance
Industry
Real estate investment trusts
Address
Prudential Center, 800 Boylston Street Boston MA United States 02199-8103
IPO Date
Jun 18, 1997
Website
bxp.com
Business
BXP, Inc. is a fully integrated, self-administered and self-managed real estate investment trust that develops, owns, acquires and manages premier office workplaces and mixed-use properties in six primary U.S. gateway markets including Boston, Los Angeles, New York, San Francisco, Seattle and Washington, DC. The company offers high-quality office spaces, life science facilities without specialized lab infrastructure, retail components, residential units in transit-oriented developments and hospitality-oriented amenities such as client clubs, terraces, dining areas, bicycle storage and wellness features; its portfolio totals approximately 53.7 million square feet across 186 properties, including ten under construction or redevelopment, with a focus on sustainability targets like LEED Platinum, WELL Core, Fitwel 85 and WiredScore Platinum. Founded in 1970 by Mortimer B. Zuckerman and Edward H. Linde and headquartered at 800 Boylston Street in Boston, Massachusetts, BXP serves forward-thinking corporate clients, financial institutions and innovative organizations seeking environments to enhance culture, workforce engagement and growth. Recent developments include the launch of vertical construction on the 930,000-square-foot, 46-story 343 Madison Avenue office tower in Midtown Manhattan with an anchor tenant commitment for 30% occupancy; completion of a $465 million Green Bond mortgage financing for The Hub on Causeway mixed-use property in Boston; groundbreaking on the 312-unit mixed-income residential project at 17 Hartwell Avenue in Lexington, Massachusetts, with Northwestern Mutual Real Estate; acquisition of 725 12th Street in Washington, DC; plans for a 15-story glass tower with office space and an underground substation at 105 Broadway in Kendall Square, Cambridge; a dividend reset to $0.70 per share to retain cash for reinvestment in growth; and plans to buy out a joint venture partner in a development project while pursuing sales of non-core assets for up to $600 million in net proceeds.

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