BXPBXP, Inc.
Real Estate Investment Trusts
- Revenue
- $3.5B
- 2.2% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $2.8B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear450% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear52% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.9B | $3.1B | $3.3B | $3.4B | $3.5B | 2.2% |
| Net income | $496M | $849M | $190M | $14M | $277M | 1836% |
| Operating cash flow | $1.1B | $1.3B | $1.3B | $1.2B | $1.2B | 0.9% |
| Stock-based comp | $51M | $52M | $51M | $44M | $44M | 0.9% |
| Dividends | $684M | $685M | $688M | $690M | $643M | 6.8% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $23M | $24M | 92 | 81 |
| FY2024 | $13M | $12M | 96 | 94 |
| FY2023 | $13M | $10M | 86 | 78 |
| FY2022 | $13M | $3M | 78 | 76 |
| FY2021 | $13M | $20M | 126 | 122 |