BXP, Inc. (BXP)
Real Estate · Office and Mixed-Use Real Estate REITs
BXP owns and operates premier office, hotel, and mixed-use properties across six major US markets, generating revenue through leasing, parking, hotel operations, and property management services.
What BXP, Inc. does
BXP, Inc. is a real estate investment trust (REIT) that owns and manages office buildings, hotels, and mixed-use properties primarily in Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. The company generates revenue from lease payments, parking operations, hotel operations, and development and management services for third parties. BXP owns approximately $20.9 billion in net real estate assets and maintains a significant debt position to finance acquisitions and operations.
Themes: ["Office real estate","Commercial REITs","Urban real estate","Workplace demand","Remote work headwinds","Interest rate sensitivity","Major market exposure"]
Fundamentals
- Price$66.93 as of 2026-07-09 close
- Market cap$10.7B as of 2026-07-10
- 1-year return-2.2% as of 2026-07-09 close
- P/E33.89 as of 2026-07-10
- Net margin+9.1% as of 2026-07-10
- Gross margin+59.9% as of 2026-07-10
- ROE+6.2% as of 2026-07-10
- Debt / equity3.10 as of 2026-07-10
- Revenue growth (YoY)+1.6% as of 2026-07-10
- Revenue CAGR (3y)+3.9% SEC XBRL
- Beta1.04 as of 2026-07-10
Dividend: yield +4.2%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Concentration in six major metropolitan markets exposes the company to localized economic downturns, particularly in technology, finance, and government contracting sectors; remote work trends and artificial intelligence-driven workforce reductions threaten office space demand.","Elevated interest rates and credit market volatility limit refinancing options, reduce property valuations, and increase debt servicing costs; recent impairments of $85.8 million (2025) and $145.1 million in unconsolidated joint venture investments signal asset value deterioration.","Client financial distress, federal government spending cuts, and sustained shifts away from in-person work environments could trigger tenant defaults, reduce rental rates, and compress occupancy levels across the portfolio."]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.