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BXP · BXP, Inc. · Financials

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$62.10 +0.61 (+0.99%)
Market Cap
$9.91B
Shares
159.66M
Volume · Oct 23 1.48M Avg daily vol (3M) 1.38M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$3.48B +2.2%
FY2025 Revenue FY2007–FY2025
Net Income
$276.8M +1839.5%
FY2025 Net Income FY2007–FY2025
Gross Margin
59.12% -0.8pp
FY2025 Gross Margin FY2017–FY2025
Operating Margin
34.9% +2.5pp
FY2017 Operating Margin FY2007–FY2017
Diluted EPS
$1.74 +1833.3%
FY2025 Diluted EPS FY2007–FY2025
Operating Cash Flow
$1.25B +0.9%
FY2025 Operating Cash Flow FY2007–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009 FY2008 FY2007
— $3.52B $3.48B $3.41B $3.27B $3.11B $2.89B $2.77B $2.96B $2.72B $2.6B $2.55B $2.49B $2.4B $2.14B $1.85B $1.72B $1.54B $1.52B $1.47B $1.48B
— $3.27B $3.24B $3.18B $3.05B $2.92B $2.75B $2.65B $2.76B $2.1B $2.05B $2.02B $1.96B $1.89B $1.68B $1.46B $1.38B $1.23B $1.19B $1.13B $1.08B
— $1.35B $1.34B $1.29B $1.18B $1.11B $1.02B $1.02B $1.05B $979.15M $929.98M $889.77M $872.25M $835.29M $742.96M $639.09M $572.67M $498.15M $501.8M $488.03M $455.84M
— $2.08B $2.06B $2.04B $2B $1.93B $1.81B $1.69B $1.83B $1.65B $1.61B — — — — — — — — — —
— — 59.12% 59.89% 61.06% 62.07% 62.81% 61.25% 61.68% 60.7% 61.7% — — — — — — — — — —
— $183.77M $168.79M $159.98M $170.16M $146.38M $151.57M $133.11M $140.78M $121.72M $113.72M $105.23M $96.32M $98.94M $115.33M $90.13M $87.1M $79.4M $75.45M $72.37M $69.88M
— $933.11M $912.09M $887.19M $830.81M $749.78M $717.34M $683.75M $677.76M $645.65M $617.55M $694.4M $639.54M $628.57M $565.4M $454.04M $439.18M $338.37M $321.68M $304.15M $288.98M
— — $85.8M $13.62M $0 $0 $0 $0 $24.04M $11.81M $0 $1.78M $0 $0 — — — — — — —
— $2.52B $2.47B $2.39B $2.24B $2.05B $1.92B $1.86B $1.91B $1.79B $1.69B $1.72B $1.64B $1.6B $1.46B $1.21B $1.12B $934.24M $950.66M $892.05M $1.15B
— — — — — — — — — — $908.11M $825.78M $849.37M $801.82M $678.12M $640.32M $605.17M $609.07M $567.53M $577.39M $336.38M
— — — — — — — — — — 34.9% 32.37% 34.1% 33.45% 31.75% 34.66% 35.13% 39.47% 37.38% 39.29% 22.69%
— — — — — — — — — — $1.53B $1.52B $1.49B $1.43B $1.24B $1.09B $1.04B $947.44M $889.21M $881.54M $625.35M
— $632.43M $653.14M $645.12M $579.57M $437.14M $423.35M $431.72M $412.72M $378.17M $374.48M $412.85M $432.2M $455.74M $446.88M $410.97M $391.53M $378.08M $322.83M $295.32M $302.98M
— — — — — — — — — — — — — — — — — $7.33M $4.06M $18.96M $89.71M
— — — — — — — — — — — — — $168.04M $0 $0 $0 $2.73M $11.76M $33.34M $929.79M
— -$65.13M -$103.56M -$343.18M -$239.54M -$59.84M -$2.57M -$85.11M $46.59M $2.22M $11.23M $8.07M $22.77M $12.77M $75.07M $49.08M $85.9M $36.77M $12.06M -$182.02M $20.43M
— $7.07M $5.48M $4.42M $5.56M -$6.45M $5.63M $5.26M $6.42M -$1.87M $3.68M $2.27M -$653K $1.04M $2.91M $1.39M -$443K $935K $2.43M -$4.6M $0
— $296.79M $276.8M $14.27M $190.22M $848.95M $505.2M $872.73M $521.53M $582.85M $462.44M $512.79M $583.11M $443.61M $749.81M $289.65M $272.68M $159.07M $231.01M $105.27M $1.31B
— — 7.95% 0.42% 5.81% 27.31% 17.49% 31.56% 17.62% 21.45% 17.77% 20.1% 23.41% 18.51% 35.11% 15.68% 15.83% 10.31% 15.22% 7.16% 88.38%
— $116.63M $107.2M $69.92M $101.21M — — — — — — — — — — — — — — — —
— $296.79M $276.8M $14.27M $190.22M $848.95M $496.22M $862.23M $511.03M $572.35M $451.94M $502.29M $572.61M $433.11M $741.75M $289.65M $272.68M — — — —
— $313.99M $265.95M $33.35M $182.79M $871.89M $518.42M $871.17M $520.94M $585.54M $464.26M $474.65M $578.3M $445.86M $752.07M $291.97M $274.98M $162.41M $233.53M $104.65M $1.29B
USD/shares — $1.87 $1.75 $0.09 $1.21 $5.42 $3.18 $5.55 $3.31 $3.71 $2.93 $3.27 $3.73 $2.83 $4.87 $1.93 $1.87 $1.14 $1.76 $0.88 $10.98
USD/shares $2.14 – $2.24 $1.86 $1.74 $0.09 $1.21 $5.40 $3.17 $5.54 $3.30 $3.70 $2.93 $3.26 $3.72 $2.83 $4.86 $1.92 $1.86 $1.14 $1.76 $0.87 $10.80
shares — — 158.33M 157.47M 156.86M 156.73M 156.12M 155.43M 154.58M 154.43M 154.19M 153.72M 153.47M 153.09M 152.2M 150.12M 145.69M 139.44M 131.05M 119.98M 118.84M
shares — — 158.87M 157.79M 157.2M 157.14M 156.38M 155.52M 154.88M 154.68M 154.39M 153.98M 153.84M 153.31M 152.52M 150.71M 146.22M 140.06M 131.51M 121.3M 120.78M
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 FY2007–FY2025: $12.81B in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Convertible debt, including current maturities 2026-06-30 USD 978,642,000 10-Q filed 2026-08-06
Finance lease liabilities 2026-06-30 USD 353,436,000 10-Q filed 2026-08-06
Line of credit borrowings, including current maturities 2026-06-30 USD 0 10-Q filed 2026-08-06
Operating lease liabilities 2026-06-30 USD 386,487,000 10-Q filed 2026-08-06
Other borrowings 2026-06-30 USD 797,565,000 10-Q filed 2026-08-06
Secured debt, including current maturities 2026-06-30 USD 4,281,198,000 10-Q filed 2026-08-06
1 filing observation remains unmatched and is excluded from instrument histories.
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
1 filing has incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

6.050% Senior Notes due 2036

Note · Boston Properties Limited Partnership

Reference: 6.050% Senior Notes due 2036

Active
Original principal
USD 700,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 6.05% Reported 2026-08-31 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-08-31 Original principal USD 700,000,000 Exact source document Parent 8-K filing · 2026-08-31
    On August 31, 2026, Boston Properties Limited Partnership (the “Partnership”), the operating partnership of BXP, Inc. (the “Company”), completed the issuance and sale of $700.0 million aggregate principal amount of the Partnership’s 6.050% Senior Notes due 2036 (the “Notes”) pursuant to an underwriting agreement, dated August 17, 2026 (the “Underwriting Agreement”), by and among the Partnership and J.P. Morgan Securities LLC, BBVA Securities Inc., BNY Mellon Capital Markets, LLC, PNC Capital Markets LLC, TD Securities (USA) LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC, as representatives of the several underwriters named in Schedule II thereto (the “Underwriters”), whereby the Partnership agreed to sell and the Underwriters agreed to purchase from the Partnership, subject to and upon the terms and conditions set forth in the Underwriting Agreement, the Notes.
    Issuer evidence: On August 31, 2026, Boston Properties Limited Partnership (the “Partnership”), the operating partnership of BXP, Inc. (the “Company”), completed the issuance and sale of $700.0 million aggregate principal amount of the Partnership’s 6.050% Senior Notes due 2036 (the “Notes”) pursuant to an underwriting agreement, dated August 17, 2026 (the “Underwriting Agreement”), by and among the Partnership and J.P. Morgan Securities LLC, BBVA Securities Inc., BNY Mellon Capital Markets, LLC, PNC Capital Markets LLC, TD Securities (USA) LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC, as representatives of the several underwriters named in Schedule II thereto (the “Underwriters”), whereby the Partnership agreed to sell and the Underwriters agreed to purchase from the Partnership, subject to and upon the terms and conditions set forth in the Underwriting Agreement, the Notes.
    Supporting evidence: On August 31, 2026, Boston Properties Limited Partnership (the “Partnership”), the operating partnership of BXP, Inc. (the “Company”), completed the issuance and sale of $700.0 million aggregate principal amount of the Partnership’s 6.050% Senior Notes due 2036 (the “Notes”)
    Supporting evidence: On August 31, 2026, Boston Properties Limited Partnership (the “Partnership”), the operating partnership of BXP, Inc. (the “Company”), completed the issuance and sale of $700.0 million aggregate principal amount of the Partnership’s 6.050% Senior Notes due 2036 (the “Notes”)

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
—
Peer median 7.00×
EV/EBIT
—
P/E (TTM)
33.39×
Peer median 71.97×

Peer medians compare against the 10 similar-size REIT - Office companies (of 20 listed).

Valuation over time computed as of each quarter's filing date

P/FFO uses the company-stated “Diluted FFO attributable to BXP, Inc.”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.

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 FY2020 FY2019 FY2018 FY2017
Intersegment Elimination -$11,626,000 -$10,386,000 -$9,590,000 $0

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Boston $49,996,000 $51,224,000 $47,357,000 $39,482,000 $13,609,000 $7,478,000 $48,589,000 $49,118,000
Los Angeles $0 $0 $0 $0 $0 $0 $0 $0
San Francisco $0 $0 $0 $0 $0 $0 $0 $0
Seattle $0 $0 $0 $0 $0 — — —
DC $0 $0 $0 $0 $0 $0 $0 $0
NY $0 $0 $0 $0 $0 $0 $0 $0

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Parking and Other $143,314,000 $135,142,000 $112,918,000 $107,225,000 $81,814,000 $70,680,000 $103,534,000 $107,421,000
Hotel $49,996,000 $51,224,000 $47,357,000 $39,482,000 $13,609,000 $7,478,000 $48,589,000 $49,118,000
Management Service $36,579,000 $28,060,000 $40,850,000 $28,056,000 $27,697,000 $29,641,000 $40,039,000 $45,158,000
Real Estate Other $16,383,000 $16,488,000 $17,771,000 $15,450,000 $12,487,000 $11,626,000 $10,386,000 $9,590,000
Key facts CIK 1037540 CUSIP 101121101 13F (30d) 105 filings 95 filers Visit website Investor relations