BDN
Brandywine Realty Trust
$3.06
+0.00 (+0.00%)
At close · Jul 10
Market Cap
$531.56M
Shares
173,711,845
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$484.45M
-4.2%
FY2025
Net Income
-$178.25M
+9%
FY2025
Gross Margin
61.77%
-1.2pp
FY2025
Operating Margin
5.5%
-5.4pp
FY2025
Diluted EPS
-$1.03
+9.6%
FY2025
Operating Cash Flow
$116.7M
-35.6%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $489.94M | $484.45M | $505.52M | $514.65M | $506.1M | $486.82M | $534.85M | $580.42M | $544.35M | $520.49M | $525.46M | $602.63M | $596.98M | $562.21M | $535.68M | $538.57M | $540.43M | $567.92M | $580.93M | |
| $192.6M | — | — | — | $194.4M | $188.31M | $205.46M | $225.85M | $218.1M | $206.08M | $209.45M | $238.09M | $235.97M | $221.77M | $210.85M | $216.79M | $221.09M | $227.16M | — | |
| — | — | — | — | — | — | — | — | — | $150.84M | $152.93M | $181.17M | $177.33M | $160.41M | $152.32M | $159.77M | $163.29M | $162.94M | $158.07M | |
| $300.32M | $299.26M | $318.19M | $324.7M | $311.7M | $298.51M | $329.4M | $354.57M | $326.25M | $314.42M | $316.02M | $364.54M | $361.02M | $340.44M | $324.83M | $321.78M | $319.35M | $340.76M | — | |
| — | 61.77% | 62.94% | 63.09% | 61.59% | 61.32% | 61.59% | 61.09% | 59.93% | 60.41% | 60.14% | 60.49% | 60.47% | 60.55% | 60.64% | 59.75% | 59.09% | 60% | — | |
| $36.9M | $42.03M | $42.78M | $34.86M | $35.01M | $30.15M | $30.29M | $32.16M | $27.8M | $28.54M | $26.6M | $29.41M | $26.78M | $27.63M | $25.41M | $24.6M | $23.31M | $20.82M | $23M | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $30.09M | $32.39M | $40.66M | |
| $181.31M | $176.43M | $178.17M | $188.8M | $177.98M | $178.11M | $188.28M | $210.01M | $176M | $180.32M | $189.68M | $219.03M | $208.57M | $198.73M | $198.58M | $219.11M | $214.78M | $210.46M | $199.45M | |
| — | — | $16.7M | $16.7M | — | — | — | — | — | — | — | — | — | — | — | $0 | $0 | $3.7M | $6.85M | |
| $189.62M | $185.19M | $187.33M | $189.95M | $194.4M | $188.31M | — | — | — | — | — | $568.73M | $473.08M | $446.42M | $424.64M | $444.33M | $447.74M | $451.55M | $457.89M | |
| $483.13M | $467.05M | $452.93M | $545.18M | $412.05M | $396.57M | $424.03M | $468.01M | $493.61M | $417.99M | $466.24M | $568.73M | $473.08M | — | — | — | — | — | — | |
| $13.01M | $26.66M | $54.88M | -$21.58M | $119.73M | $93.3M | $400.49M | $114.79M | $56.71M | $135.47M | $185.44M | $33.9M | $123.9M | $115.79M | $111.04M | $94.24M | $92.69M | $116.37M | $123.04M | |
| — | 5.5% | 10.86% | -4.19% | 23.66% | 19.16% | 74.88% | 19.78% | 10.42% | 26.03% | 35.29% | 5.63% | 20.76% | 20.6% | 20.73% | 17.5% | 17.15% | 20.49% | 21.18% | |
| $194.31M | $203.09M | $233.05M | $167.22M | $297.71M | $271.4M | $588.77M | $324.79M | $232.71M | $315.79M | $375.12M | $252.93M | $332.47M | $314.52M | $309.62M | $313.35M | $307.47M | $326.83M | $322.49M | |
| $127.17M | — | — | — | — | — | — | — | — | — | — | — | — | — | $132.94M | $131.41M | $132.64M | $135.74M | $146.65M | |
| $1.37M | — | — | — | — | — | — | — | — | — | — | — | — | $1.04M | $3.01M | $1.81M | $3.22M | $2.5M | $1.84M | |
| $6.19M | $9.25M | $2.3M | $8.95M | $25.68M | $3.05M | $289.66M | $2.38M | $5.97M | $32.97M | $126.22M | $23.52M | $6.09M | $29.17M | $34.77M | $10.01M | $11.01M | $1.24M | — | |
| -$55.87M | -$57.68M | -$191.59M | -$77.92M | -$22.02M | -$26.7M | -$18.58M | -$9.92M | -$15.23M | -$8.31M | -$11.5M | -$811K | -$790K | $3.66M | $2.74M | $3.78M | $5.31M | $4.07M | $8.45M | |
| -$200.5M | -$178.76M | -$196.47M | -$197.33M | $54.05M | $12.41M | $307.1M | $34.54M | $135.9M | $120.55M | $40.5M | -$30.74M | — | — | — | — | — | — | — | |
| $114K | $112K | $14K | $72K | $55K | $47K | -$224K | $12K | $423K | -$628K | $0 | $0 | — | — | — | — | — | — | — | |
| -$199.6M | -$178.25M | -$195.91M | -$196.79M | $53.82M | $12.29M | $305.53M | $34.27M | $134.52M | $120.17M | $40.19M | -$30.4M | $6.98M | $42.78M | $6.6M | -$4.5M | -$17.07M | $8.03M | $37.22M | |
| — | -36.79% | -38.75% | -38.24% | 10.64% | 2.52% | 57.12% | 5.9% | 24.71% | 23.09% | 7.65% | -5.04% | 1.17% | 7.61% | 1.23% | -0.84% | -3.16% | 1.41% | 6.41% | |
| -$752K | -$620K | -$580K | -$614K | $168K | $77K | $1.8M | $262K | $954K | $1M | $310K | -$339K | -$33K | $412K | -$66K | -$216K | -$532K | $63K | $1.31M | |
| -$200.98M | -$179.48M | -$197.09M | -$197.36M | $53.37M | $11.87M | $305.12M | $33.87M | $134.15M | $114.63M | $32.95M | -$37.63M | -$274K | $35.51M | -$8.24M | -$13M | -$25.58M | -$245K | $28.46M | |
| -$199.71M | -$182.21M | -$192.72M | -$201.35M | $59.74M | $17.83M | $300.34M | $26.87M | $137.15M | $124.32M | $43.64M | -$30.99M | $5.36M | $55.7M | -$3.24M | -$8.63M | -$9.88M | $15.11M | $22.1M | |
| USD/shares | — | -$1.03 | -$1.14 | -$1.15 | $0.31 | $0.07 | $1.77 | $0.19 | $0.75 | $0.65 | $0.19 | -$0.21 | $0.00 | $0.23 | -$0.06 | -$0.10 | -$0.19 | $0.00 | $0.32 |
| USD/shares | — | -$1.03 | -$1.14G | -$1.15 | $0.31 | $0.07 | $1.77 | $0.19 | $0.75 | $0.65 | $0.19 | -$0.21 | $0.00 | $0.23 | -$0.06 | -$0.10 | -$0.19 | $0.00 | $0.32 |
| shares | — | 173.46M | 172.53M | 171.96M | 171.49M | 170.88M | 171.93M | 176.13M | 178.52M | 175.48M | 175.02M | 178.16M | 166.2M | 153.14M | 143.26M | 135.44M | 131.74M | 111.9M | 87.57M |
| shares | — | 173.46M | 172.53M | 171.96M | 172.33M | 172.27M | 172.32M | 176.69M | 179.64M | 176.81M | 176.01M | 178.16M | 166.2M | 154.41M | 143.26M | 135.44M | 131.74M | 113.25M | 87.58M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2022: $166.44M in buybacks, $1.32B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
EV/EBIT
—
P/E (TTM)
—
REIT - Office median 30.12×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Philadelphia CBD | $231,914,000 | $225,986,000 | $230,933,000 | $220,875,000 | $207,858,000 | $232,028,000 | $263,769,000 | $256,717,000 |
| Pennsylvania Suburbs | $126,766,000 | $125,011,000 | $129,300,000 | $128,940,000 | $124,566,000 | $141,613,000 | $141,084,000 | $138,279,000 |
| Austin Texas | $67,328,000 | $87,208,000 | $95,505,000 | $96,329,000 | $101,680,000 | $102,982,000 | $104,157,000 | $38,665,000 |
| Other | $40,128,000 | $42,138,000 | $39,306,000 | $36,610,000 | $33,880,000 | $13,469,000 | $14,558,000 | — |
| All Other Segments | $40,128,000 | $42,139,000 | $39,306,000 | $36,610,000 | $33,880,000 | $13,469,000 | $14,558,000 | $16,757,000 |
| Metropolitan DC | — | — | — | $21,899,000 | $19,865,000 | $40,223,000 | $51,498,000 | $90,308,000 |
| Corporate | — | — | — | $23,346,000 | $18,835,000 | $4,537,000 | $5,351,000 | — |
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Rents | $457,504,000 | $469,242,000 | $479,849,000 | $470,851,000 | $451,519,000 | $513,504,000 | $554,665,000 | $515,044,000 |
| Lease Revenue | $445,807,000 | $458,287,000 | $469,047,000 | $453,198,000 | $433,766,000 | $497,264,000 | $525,748,000 | — |
| Fixed Rent | $353,671,000 | $363,839,000 | $372,069,000 | $353,387,000 | $343,924,000 | $393,178,000 | $411,524,000 | — |
| Variable Rent | $92,136,000 | $94,448,000 | $96,978,000 | $99,811,000 | $89,842,000 | $104,086,000 | $114,224,000 | — |
| Third Party Management Revenue | $20,329,000 | $23,742,000 | $24,417,000 | $24,132,000 | $26,444,000 | $18,580,000 | $19,626,000 | $22,557,000 |
| Daily Parking and Hotel Flexible Stay | $10,979,000 | $10,036,000 | $9,511,000 | $15,071,000 | $12,376,000 | $11,372,000 | $20,060,000 | — |
| Real Estate Other | $6,621,000 | $12,533,000 | $10,385,000 | $11,117,000 | $8,856,000 | $2,768,000 | $6,126,000 | $6,744,000 |
| Amortization of Deferred Market Rents | $718,000 | $919,000 | $1,291,000 | $2,582,000 | $5,377,000 | $4,868,000 | $8,857,000 | — |
| Other Revenue Generating Activities | — | — | — | — | — | — | $6,126,000 | — |
| Third Party Management Fees Labor Reimbursement and Leasing | — | — | — | — | — | — | $19,626,000 | — |