BXP
BXP, Inc.
$69.82
▲ 1.5%Updated Today 11:30 AM ET
BXP at a glance — five pillars scored 0–100 from real filed financials.
Overall: Weak · 32/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▼ Down 9.8% over the last 12 months
Market Cap
$11.05B
P/E
35.1x
Forward P/E (est.)
50.15x
ROE
6.2%
Revenue Growth
1.6%
EPS Growth
-31.4%
Profit Margin
9.1%
FCF Yield
10.8%
Debt / Equity
3.3x
ROIC
8.0%
Interest Coverage
1.39x
Current Ratio
—
Dividend Yield
4.2%
Implied Growth (rev. DCF)
-0.3%
Rating Score
32/100
BXP, Inc. (BXP) is a large-cap company in the Office REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $11.05B.
In its latest reported year it generated about $3.48B in revenue and $276.80M in net profit.
Our model rates BXP Weak (32/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
The filed history looks like a business competitors struggle to attack: high and steady margins, revenue that grows through cycles, and strong returns on capital.
60.0% average over the last 3 years
±1.1 pts around 61.1% across 9 years
grew in 8 of the last 9 year-over-year periods
positive in 10 of 10 years
8.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what BXP's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. BXP trades near $69.82, above its 50-day average ($61.75) and 200-day average ($64.52). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 62 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. BXP's is $1.73 (~2.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month BXP found buyers near $61.20 (support) and sellers near $69.41 (resistance); its 52-week range is $49.72–$79.33. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.8× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
4.8%
Revenue moved from $2.55B in 2016 to $3.48B in 2025, a 3.5% compound annual growth rate. The most recent year was roughly flat (1.6%) year over year. Slower, mature growth is common for established businesses.
Gross Margin
59.1%
Operating Margin
25.9%
Net Margin
7.9%
ROE
6.2%
BXP, Inc. keeps about 9.1% of each sales dollar as net profit, with a 59.1% gross margin and 25.9% operating margin. Return on equity is 6.2% and return on invested capital about 8.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$3.30B
Net Debt
$2.79B
Net Debt / EBITDA
—
Debt / Equity
3.3x
Leverage: debt-to-equity is 3.3x, and operating profit covers interest about 1.4x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $3.30B of total debt against $512.78M of cash.
Operating CF
$1.25B
Free Cash Flow
$1.03B
FCF Margin
29.5%
In the latest year BXP, Inc. produced about $1.25B of operating cash flow and $1.03B of free cash flow after capital spending. That is a free-cash-flow yield of about 10.8% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
Coverage is weak, the payout was cut recently, or it's being financed rather than earned — treat the current yield as fragile.
Dividend yield
4.2%
Per share (latest FY)
$3.05
Total paid (latest FY)
$643.11M
History on record
10 years
dividend uses 63% of free cash flow
232% of net income paid out
no current raise streak
payout was cut at least once in the last 10 years
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
35.1x
P/S
3.01x
P/B
2.27x
EV / EBITDA
—
BXP trades at 35.1x trailing earnings (about 50.1x on estimated forward earnings), 3.0x sales, and 2.3x book value. Reverse-engineering today's price implies the market expects roughly -0.3% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$96.73
Current price
$69.82
Starting FCF (latest 10-K)
$1.03B
Growth, years 1–5
1.6%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where BXP sits versus its Real Estate sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 33 Real Estate companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How BXP stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.
In the Real Estate sector (41 S&P 500 companies), BXP ranks #31 of 41 by our overall rating. It trades at roughly in line versus the sector on earnings (35.1x P/E vs. 32.4x median) with a lower return on equity (6.2% vs. 8.0%) and slower revenue growth (1.6% vs. 5.3%).
P/E vs sector
35.1x
median 32.4x
ROE vs sector
6.2%
median 8.0%
Growth vs sector
1.6%
median 5.3%
Sector rank
#31
of 41 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 41 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $69.82 today · expected CAGR -9% – 0%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $3.59B | $3.69B | $3.81B | $3.92B | $4.04B |
| Net income | $286.94M | $295.55M | $304.41M | $313.55M | $322.95M |
| EPS | $1.81 | $1.87 | $1.92 | $1.98 | $2.04 |
| Share price (low) | $38.06 | $39.20 | $40.37 | $41.59 | $42.83 |
| Share price (high) | $63.43 | $65.33 | $67.29 | $69.31 | $71.39 |
| CAGR (low–high) | -45% / -9% | -25% / -3% | -17% / -1% | -12% / -0% | -9% / 0% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for BXP:
- Healthy free-cash-flow yield (~10.8%) funds buybacks and dividends.
- Pays a 4.2% dividend on top of any price gains.
The case against BXP:
- Revenue growth is slow (1.6%), limiting the upside engine.
- Elevated leverage (debt/equity 3.3x) adds financial risk.
- Interest coverage is thin (1.4x), so debt costs bite.
- Our model's overall read is Weak (32/100).
Valuation risk — at 35.1x earnings, disappointing results could compress the multiple.
Balance-sheet risk — debt/equity of 3.3x magnifies the impact of higher rates or weaker earnings.
Growth risk — sluggish revenue (1.6%) leaves little margin for execution missteps.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen weakly: BXP, Inc. is a large-cap real estate business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 35.1x earnings, which our model scores Weak (32/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 26 Wall Street analysts covering BXP recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more positive over the last three months (+4 pts of buy ratings).
Latest SEC Filings
BXP's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
BXP — frequently asked questions
Is BXP a good stock to buy?
We don't give buy or sell advice. Our model rates BXP, Inc. Weak (32/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is BXP's rating on The Stocks School?
BXP, Inc. currently scores 32/100 (Weak) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does BXP's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from BXP, Inc.'s SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for BXP calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this BXP analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell BXP. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.