TORVANTA
Real Estate · S&P 500 · data as of 2026-10-05

BXP stock analysis: BXP Inc

BXP Inc (BXP) is an S&P 500 company in Office REITs. It grades weakest on profitability and momentum.

The model's view of BXP · subscribers

Where BXP ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with BXP · updated 2026-10-05 · from prices and SEC filings

BXP price performance

BXP against the S&P 500, one year
-20%+0%+20%S&P 500 +18%BXP -17%2025-09-292026-10-05
Year to date-8.9%S&P 500 +14.5% · behind by 23.4 pts
1 year-17.8%S&P 500 +17.0% · behind by 34.8 pts
3 years+26.8%S&P 500 +89.3% · behind by 62.5 pts
5 years-30.7%S&P 500 +91.3% · behind by 122.0 pts

Total returns with dividends reinvested.

BXP factor grades

Each grade compares BXP with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

B+ValueP/E 31.9x (sector 32.1x)FCF yield 13.6% (sector 6.4%)
BGrowthRevenue growth +2% (sector +6%)
C-Profitability
D+Momentum12-month change -18%From 52-wk high -18%

BXP in plain numbers

BXP key statistics

SectorReal Estate
IndustryOffice REITs
IndexS&P 500
Market value$9.5B
Revenue growth (y/y)+2%
Free-cash-flow yield13.6%
Dividend yield4.7%
Next earnings (expected)2026-10-27
Valuation measures
Market value$9.5B
Enterprise value$9.0B
P/E (trailing)31.9x
Forward P/E (Torvanta estimate)21.3x
PEG (Torvanta estimate)0.43
Price / sales2.7x
Price / book1.8x
EV / revenue2.6x
Financial highlights
Revenue, last 12 months$3.5B
Net income, last 12 months$296.8M
EPS, last 12 months (GAAP)$1.86
Gross margin59.1%
Net margin8.4%
Return on equity5.7%
Cash$493.9M

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

BXP earnings trends

Revenue vs earnings
-$228.9M$52.3M$333.4M$614.6M$895.7MSep 2024 Revenue: $859.2MDec 2024 Revenue: $858.6MMar 2025 Revenue: $865.2MJun 2025 Revenue: $868.5MSep 2025 Revenue: $871.5MDec 2025 Revenue: $877.1MMar 2026 Revenue: $872.1MJun 2026 Revenue: $895.7MSep 2024 Net income: $83.6MDec 2024 Net income: -$228.9MMar 2025 Net income: $61.2MJun 2025 Net income: $89.0MSep 2025 Net income: -$121.7MDec 2025 Net income: $248.3MMar 2026 Net income: $101.6MJun 2026 Net income: $68.6MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 9.7%Net margin: -26.7%Net margin: 7.1%Net margin: 10.2%Net margin: -14.0%Net margin: 28.3%Net margin: 11.6%Net margin: 7.7%-27%1%28%■ Revenue ■ Net income ━ Net margin
Earnings per share$-1.5$-0.7$0.1$0.8$1.6Sep 2024 EPS (GAAP, diluted): $0.5Dec 2024 EPS (GAAP, diluted): $-1.5Mar 2025 EPS (GAAP, diluted): $0.4Jun 2025 EPS (GAAP, diluted): $0.6Sep 2025 EPS (GAAP, diluted): $-0.8Dec 2025 EPS (GAAP, diluted): $1.6Mar 2026 EPS (GAAP, diluted): $0.6Jun 2026 EPS (GAAP, diluted): $0.4Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 -245% · Mar 2026 +64% · Jun 2026 -23%

From the company's 10-Q and 10-K filings with the SEC.

BXP Inc financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$2.9B$3.1B$3.3B$3.4B$3.5B
Net income$505.1M$848.8M$190.3M$14.3M$276.8M
EPS (GAAP)$3.17$5.40$1.21$0.10$1.74

BXP earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-28$0.43-23%+3%+6.7%
2026-04-28$0.64+64%+1%-0.2%
2026-01-28$1.56n/a+2%-0.1%
2025-10-28$-0.77-245%+1%-5.9%
2025-07-30$0.56+10%+2%-6.6%
2025-04-29$0.39-24%+3%-4.5%

About BXP Inc

HeadquartersBoston, MA
Industry (SEC code)Real Estate Investment Trusts
Fiscal year endsDecember 31
Incorporated inDE
Listed onNYSE
FormerlyBOSTON PROPERTIES INC

From the company's SEC registration record.

Companies similar to BXP

CompanyMarket valueP/ERevenue growthOperating margin12-month change
BXP BXP Inc$9.5B31.9x+2%n/a-18%
CPT Camden Property$9.8B32.2x+57%n/a-3%compare
FRT Federal Realty$9.2B18.4x+7%53.6%+11%compare
UDR UDR Inc$11.0B23.0x+2%38.5%-2%compare
CSGP CoStar$11.2B145.6x+22%2.2%-67%
ARE Alexandria Real Estate$8.0Bn/a-8%n/a-42%
DOC Healthpeak$13.0B53.8x+6%n/a+4%

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Frequently asked questions

Is BXP stock a buy?

Torvanta does not tell individuals what to buy. Its grades for BXP are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is BXP's P/E ratio?

BXP trades at about 31.9 times its last 12 months of GAAP earnings reported to the SEC, and about 21.3 times Torvanta's own estimate of the next 12 months.

When does BXP report earnings next?

Based on its filing history, Torvanta expects BXP Inc to report around 2026-10-27.

Does BXP pay a dividend?

Yes. Its dividend yield is about 4.7%.

How has BXP performed against the S&P 500?

Over the past year BXP returned -17.8%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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