BXP · BXP, Inc.

$67.69 -0.54 (-0.79%) At close · Sep 4

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$10.81B

159.66M

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

Net Income

$276.8M +1839.5%

FY2025

Gross Margin

59.12% -0.8pp

FY2025

Operating Margin

34.9% +2.5pp

FY2017

Diluted EPS

$1.74 +1833.3%

FY2025

Operating Cash Flow

$1.25B +0.9%

FY2025

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

Income Statement Balance Sheet Cash Flow All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007
Revenue	+3.9%	+4.7%	+3.4%	$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
Rental Income	+3.5%	+4.1%	+5.1%	$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
Rental Operating Expenses	+6.4%	+5.6%	+4.3%	$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
Gross Profit	+2.2%	+4.0%	—	$2.08B	$2.06B	$2.04B	$2B	$1.93B	$1.81B	$1.69B	$1.83B	$1.65B	$1.61B	—	—	—	—	—	—	—	—	—	—
Gross Margin	—	—	—	—	59.12%	59.89%	61.06%	62.07%	62.81%	61.25%	61.68%	60.7%	61.7%	—	—	—	—	—	—	—	—	—	—
General & Administrative	+4.9%	+4.9%	+5.8%	$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
Depreciation & Amortization	+6.8%	+5.9%	+3.6%	$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
Impairment of Real Estate	—	—	—	—	$85.8M	$13.62M	$0	$0	$0	$0	$24.04M	$11.81M	$0	$1.78M	$0	$0	—	—	—	—	—	—	—
Total Costs & Expenses	+6.4%	+5.8%	+4.2%	$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
Operating Income	+4.2%	+7.2%	+10.4%	$906.61M	—	—	—	—	—	—	—	—	$908.11M	$825.78M	$849.37M	$801.82M	$678.12M	$640.32M	$605.17M	$609.07M	$567.53M	$577.39M	$336.38M
Operating Margin	—	—	—	—	—	—	—	—	—	—	—	—	34.9%	32.37%	34.1%	33.45%	31.75%	34.66%	35.13%	39.47%	37.38%	39.29%	22.69%
EBITDA	+2.2%	+6.9%	+9.3%	$1.54B	—	—	—	—	—	—	—	—	$1.53B	$1.52B	$1.49B	$1.43B	$1.24B	$1.09B	$1.04B	$947.44M	$889.21M	$881.54M	$625.35M
Interest Expense	+14.3%	+8.6%	+4.2%	$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
Interest Income	-56.6%	—	—	$6.6M	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$7.33M	$4.06M	$18.96M	$89.71M
Gain on Sales of Real Estate	—	+70.2%	—	—	—	—	—	—	—	—	—	—	—	—	—	$168.04M	$0	$0	$0	$2.73M	$11.76M	$33.34M	$929.79M
Equity in Earnings of Unconsolidated Entities	—	—	—	-$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
Investment Income (Loss)	—	+0.8%	—	$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
Net Income	-31.2%	-20.5%	-7.2%	$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
Net Margin	—	—	—	—	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%
Net Income Attributable to Noncontrolling Interests	—	—	—	$116.63M	$107.2M	$69.92M	$101.21M	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Income Available to Common Stockholders	-31.2%	-20.3%	-7.0%	$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	—	—	—	—
Comprehensive Income	-32.7%	-21.1%	-7.5%	$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
EPS (Basic) USD/shares	-31.4%	-20.6%	-7.3%	$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
EPS (Diluted) USD/shares	-31.4%	-20.7%	-7.3%	$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 Outstanding (Basic Avg) shares	+0.3%	+0.4%	+0.3%	—	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 Outstanding (Diluted Avg) shares	+0.4%	+0.4%	+0.3%	—	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.

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

Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.

Debt data is being processed. Please check back later.

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 7.58×

EV/EBIT

—

P/E (TTM)

36.39×

Peer median 82.76×

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

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) 349 filings 334 filers Visit website Investor relations