BXP
Boston Properties Inc
NYSE: BXP · REAL ESTATE · REIT - OFFICE
$57.60
-2.64% today
Updated 2026-04-29
Market cap
$10.20B
P/E ratio
33.10
P/S ratio
3.23x
EPS (TTM)
$1.74
Dividend yield
5.21%
52W range
$49 – $77
Volume
2.6M
Boston Properties Inc (BXP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.48B | $1.48B | $1.49B | $1.52B | $1.55B | $1.76B | $1.88B | $2.14B | $2.40B | $2.49B | $2.55B | $2.60B | $2.72B | $2.96B | $2.77B | $2.89B | $3.11B | $3.27B | $3.41B | $3.48B |
| Revenue growth (YoY) | — | +0.3% | +0.4% | +2.3% | +1.9% | +13.5% | +6.6% | +13.8% | +12.2% | +3.9% | +2.4% | +2.0% | +4.4% | +9.0% | -6.6% | +4.4% | +7.6% | +5.3% | +4.1% | +2.2% |
| Cost of revenue | $497.35M | $483.61M | $515.54M | $525.76M | $526.85M | $620.11M | $685.48M | $771.40M | $864.53M | $904.34M | $921.23M | $962.04M | $1.02B | $1.08B | $1.03B | $1.03B | $1.14B | $1.22B | $1.32B | $1.37B |
| Gross profit | $980.23M | $998.68M | $972.86M | $996.48M | $1.02B | $1.14B | $1.19B | $1.36B | $1.53B | $1.59B | $1.63B | $1.64B | $1.69B | $1.88B | $1.74B | $1.85B | $1.97B | $2.06B | $2.09B | $2.11B |
| Gross margin | 66.3% | 67.4% | 65.4% | 65.5% | 66.0% | 64.8% | 63.5% | 63.9% | 63.9% | 63.7% | 63.9% | 63.0% | 62.4% | 63.4% | 62.7% | 64.2% | 63.5% | 62.8% | 61.2% | 60.6% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $59.38M | $69.88M | $69.88M | $75.45M | $79.66M | $81.44M | $82.38M | $115.33M | $98.94M | $96.32M | $105.23M | $113.72M | $121.72M | $151.16M | $133.11M | $164.06M | $161.83M | $187.93M | $176.47M | $168.79M |
| Operating income | $313.70M | $353.47M | $324.38M | $276.52M | $610.51M | $618.64M | $651.68M | $678.12M | $801.82M | $849.37M | $823.91M | $908.11M | $913.68M | $1.05B | $906.85M | $973.08M | $1.06B | $1.04B | $1.02B | $1.94B |
| Operating margin | 21.2% | 23.8% | 21.8% | 18.2% | 39.4% | 35.2% | 34.7% | 31.8% | 33.5% | 34.1% | 32.3% | 34.9% | 33.6% | 35.4% | 32.8% | 33.7% | 34.1% | 31.7% | 30.0% | 55.7% |
| EBITDA | $323.98M | $931.75M | $1.08B | $596.18M | $948.88M | $1.06B | $1.14B | $1.33B | $1.43B | $1.49B | $1.52B | $1.53B | $2.03B | $1.74B | $2.14B | $1.78B | $2.21B | $1.70B | $1.62B | $1.94B |
| EBITDA margin | 21.9% | 62.9% | 72.5% | 39.2% | 61.2% | 60.1% | 60.7% | 62.4% | 59.7% | 59.8% | 59.6% | 58.6% | 74.9% | 58.9% | 77.2% | 61.5% | 71.1% | 52.0% | 47.5% | 55.7% |
| EBIT | $47.22M | $642.77M | $775.26M | $274.50M | $610.51M | $618.64M | $684.97M | $771.55M | $801.82M | $849.37M | $-203.21M | $-168.31M | $242.86M | $1.06B | $1.45B | $1.06B | $1.46B | $871.00M | $729.30M | $1.03B |
| Interest expense | $0.00 | $285.89M | $271.97M | $322.83M | $378.08M | $394.13M | $413.56M | $446.88M | $455.74M | $432.20M | $412.85M | $374.48M | $378.17M | $412.72M | $431.72M | $423.35M | $437.14M | $572.87M | $645.12M | $647.66M |
| Income tax | $-261.68M | $-685.34M | $289.10M | $380.40M | $490.83M | $432.01M | $467.21M | $475.79M | $382.92M | $295.88M | $397.32M | $478.09M | $177.05M | $589.77M | $492.95M | $547.52M | $437.14M | $101.21M | $69.92M | — |
| Effective tax rate | -42.8% | -107.2% | 69.8% | 62.2% | 75.5% | 61.3% | 61.7% | 38.8% | 46.3% | 33.7% | 43.7% | 50.8% | 23.3% | 53.1% | 36.1% | 52.0% | 34.0% | 34.7% | 83.0% | 0.0% |
| Net income | $873.63M | $1.32B | $125.23M | $231.01M | $159.07M | $272.68M | $289.65M | $749.81M | $443.61M | $583.11M | $511.10M | $462.44M | $582.85M | $521.53M | $872.73M | $505.19M | $848.95M | $190.22M | $14.27M | $276.80M |
| Net income growth (YoY) | — | +51.6% | -90.5% | +84.5% | -31.1% | +71.4% | +6.2% | +158.9% | -40.8% | +31.4% | -12.3% | -9.5% | +26.0% | -10.5% | +67.3% | -42.1% | +68.0% | -77.6% | -92.5% | +1839.5% |
| Profit margin | 59.1% | 89.4% | 8.4% | 15.2% | 10.3% | 15.5% | 15.4% | 35.1% | 18.5% | 23.4% | 20.0% | 17.8% | 21.5% | 17.6% | 31.6% | 17.5% | 27.3% | 5.8% | 0.4% | 7.9% |