BXP
BXP, Inc.Stock · Real EstateUS REITs 0.5% · S&P 500 Equal Weight 0.2% · S&P 500 0.02% · Russell 1000 0.02% · US Stock Market 0.01% · Russell 3000 0.01%$63.17-1.19%
as of market close, Sep 18, 2026
☾ AH — —
BXP financial statements
The full income statement, balance sheet, and cash-flow statement for BXP, Inc. (BXP), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 157.9M2024-09 158.1M2024-12 158.2M2025-03 158.3M2025-06 158.4M2025-09 158.5M2025-12 158.6M2026-03 159.5M2026-06 159.7M+1.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.48B+2.2% | 3.41B+4.1% | 3.27B+5.3% | 3.11B+7.6% | 2.89B+4.4% | ||
| Lease income | 3.24B+1.9% | 3.18B+4.0% | 3.05B+4.7% | 2.92B+6.0% | 2.75B+4.0% | |
| Gross profit | 2.06B+0.9% | 2.04B+2.1% | 2.00B+3.6% | 1.93B+6.4% | 1.81B+7.1% | |
| Selling, general & administrative | 169M+5.5% | 160M-6.0% | 170M+16.2% | 146M-3.4% | 152M+13.9% | |
| General & administrative | 169M+5.5% | 160M-6.0% | 170M+16.2% | 146M-3.4% | 152M+13.9% | |
| Provision for credit losses | -1.13M-1552.6% | 78.0K-79.1% | 373K+266.5% | -224K+81.4% | -1.21M-165.3% | |
| Interest expense | 653M+1.2% | 645M+11.3% | 580M+32.6% | 437M+3.3% | 423M-1.9% | |
| Equity-method income | -104M+69.8% | -343M-43.3% | -240M-300.3% | -59.8M-2228.4% | -2.57M+97.0% | |
| 277M+1839.5% | 14.3M-92.5% | 190M-77.6% | 849M+68.0% | 505M-42.1% | ||
| Net income to non-controlling interest | 107M+53.3% | 69.9M-30.9% | 101M | — | — | |
| Net income to common | 277M+1839.5% | 14.3M-92.5% | 190M-77.6% | 849M+71.1% | 496M-42.4% | |
| $1.74+1833.3% | $0.09-92.6% | $1.21-77.6% | $5.40+70.3% | $3.17-42.8% | ||
| EPS (basic) | $1.75+1844.4% | $0.09-92.6% | $1.21-77.7% | $5.42+70.4% | $3.18-42.7% | |
| Weighted-avg shares (basic) | 158M+0.5% | 157M+0.4% | 157M+0.1% | 157M+0.4% | 156M+0.4% | |
| Weighted-avg shares (diluted) | 159M+0.7% | 158M+0.4% | 157M+0.0% | 157M+0.5% | 156M+0.6% | |
| Dividends per share | $4.05-7.0% | $4.36-0.5% | $4.38+0.3% | $4.37+0.1% | $4.36-1.3% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 1.48B+17.8% | 1.25B-18.1% | 1.53B+121.8% | 690M+52.5% | 453M-72.9% | |
| 26.2B+0.3% | 26.1B+0.2% | 26.0B+7.5% | 24.2B+8.2% | 22.4B-2.2% | ||
| Operating lease right-of-use | 326M-2.7% | 335M+3.2% | 324M+93.8% | 167M-1.4% | 170M+16.0% | |
| 18.5B+1.9% | 18.1B+1.7% | 17.8B+12.6% | 15.8B+10.6% | 14.3B-1.3% | ||
| Long-term debt | 9.81B-7.9% | 10.6B+1.5% | 10.5B+2.5% | 10.2B+210.2% | 3.30B+12.6% | |
| Operating lease liability (total) | 389M-0.9% | 393M+12.1% | 350M+71.2% | 205M+0.1% | 205M+1.4% | |
| Finance lease liability (total) | 360M-2.9% | 371M-11.3% | 418M+67.6% | 249M+2.0% | 244M+3.4% | |
| 5.15B-4.9% | 5.41B-7.9% | 5.88B-4.2% | 6.13B+5.1% | 5.83B-2.7% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Common stock | 1.58M+0.2% | 1.58M+0.8% | 1.57M+0.1% | 1.57M+0.2% | 1.56M+0.5% | |
| Additional paid-in capital | 6.84B+0.0% | 6.84B+1.8% | 6.72B+2.7% | 6.54B+0.6% | 6.50B+2.2% | |
| Retained earnings | -1.67B-18.0% | -1.42B-73.9% | -816M-108.5% | -391M+37.5% | -626M-22.8% | |
| Treasury stock | 2.72M+0.0% | 2.72M+0.0% | 2.72M+0.0% | 2.72M+0.0% | 2.72M+0.0% | |
| Accumulated other comprehensive income | -12.9M-523.6% | -2.07M+90.2% | -21.1M-54.2% | -13.7M+62.6% | -36.7M+26.5% | |
| Total equity incl. non-controlling | 7.68B-3.2% | 7.94B-3.0% | 8.18B-2.2% | 8.36B+4.1% | 8.03B-3.7% | |
| Total liabilities & equity | 26.2B+0.3% | 26.1B+0.2% | 26.0B+7.5% | 24.2B+8.2% | 22.4B-2.2% | |
| Common shares issued | 159M+0.2% | 158M+0.8% | 157M+0.1% | 157M+0.1% | 157M+0.5% | |
| Common shares outstanding | 159M+0.2% | 158M+0.8% | 157M+0.1% | 157M+0.1% | 157M+0.5% | |
| Shares outstanding (cover) | 159M+0.3% | 158M+0.8% | 157M+0.1% | 157M+0.1% | 157M+0.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.25B+0.9% | 1.23B-5.1% | 1.30B+1.5% | 1.28B+13.2% | 1.13B-2.0% | ||
| Depreciation & amortization | 912M+2.8% | 887M+6.8% | 831M+10.8% | 750M+4.5% | 717M+4.9% | |
| Share-based compensation | 44.3M+0.9% | 43.9M-14.6% | 51.5M-1.1% | 52.0M+2.3% | 50.9M+15.2% | |
| Change in receivables | -32.5M-137.0% | -13.7M-143.6% | 31.5M+312.9% | 7.62M+258.1% | -4.82M+78.6% | |
| -645M+47.9% | -1.24B-3.7% | -1.19B+25.5% | -1.60B-54.1% | -1.04B-69.5% | ||
| Capital expenditure | 684M+5.0% | 651M+23.8% | 526M+5.1% | 500M-2.6% | 514M+6.5% | |
| Free cash flow | 561M-3.7% | 583M-24.8% | 776M-0.8% | 782M+26.3% | 619M-8.2% | |
| Acquisitions | 0.00+100.0% | -6.09M-146.3% | 13.2M | 0.00 | 0.00 | |
| Other investing activities | 3.54M+41.5% | 2.50M+14.3% | 2.19M | — | — | |
| -379M-37.9% | -274M-135.7% | 768M+38.1% | 556M+142.4% | -1.31B-370.8% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 643M-6.8% | 690M+0.3% | 688M+0.4% | 685M+0.2% | 684M-0.7% | |
| Other financing activities | -43.6M | 0.00 | 0.00 | — | — | |
| Net change in cash | 222M+180.1% | -277M-131.7% | 876M+271.6% | 236M+119.3% | -1.22B-218.6% | |
| Interest paid | 677M+0.2% | 676M+22.0% | 554M+23.1% | 450M-3.3% | 465M+7.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 10.7B-9.0% | 11.8B+6.8% | 11.0B+4.0% | 10.6B-41.3% | 18.0B+22.5% | |
| P/E | 38.7×-95.3% | 824.3×+1338.4% | 57.3×+393.1% | 11.6×-67.5% | 35.7×+111.7% | |
| P/S | 3.1×-11.0% | 3.5×+1.4% | 3.4×-2.0% | 3.5×-44.4% | 6.2×+17.3% | |
| P/B | 2.1×-4.3% | 2.2×+14.2% | 1.9×+10.6% | 1.7×-44.4% | 3.1×+25.9% | |
| P/FCF | 19.1×-5.5% | 20.2×+47.8% | 13.7×-4.4% | 14.3×-51.0% | 29.1×+33.4% | |
| Earnings yield | 2.6%+2031.5% | 0.12%-93.0% | 1.7%-79.7% | 8.6%+207.4% | 2.8%-52.8% | |
| FCF yield | 5.2%+5.8% | 5.0%-32.3% | 7.3%+4.6% | 7.0%+104.1% | 3.4%-25.0% | |
| Dividend yield | 6.0%+2.5% | 5.9%-6.1% | 6.2%-3.4% | 6.5%+70.6% | 3.8%-19.0% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: BXP’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BXP filings on SEC EDGAR → Not investment advice.