Revenue segments as reported by the company.

Lease

Parking and other

Hotel revenue

Development and management services

Direct reimbursements of payroll and related costs from management services contracts

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Rental

Hotel

General and administrative

Depreciation and amortization

Payroll and related costs from management services contracts

Transaction costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Boston Properties

Boston Properties, Inc. operates as a real estate investment trust. It develops, acquires, manages and owns a portfolio of Class A properties. The firm operates through the following geographical locations: Boston, New York, San Francisco and Washington. The company was founded by Mortimer Benjamin Zuckerman and Edward H. Linde in 1970 and is headquartered in Boston, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Boston Properties (BXP) reports robust Q4 performance amidst market challenges

Boston Properties (BXP) navigated a challenging commercial real estate market in Q4 2022 with resilience, reporting strong financial performance and enhancing liquidity. Despite market uncertainties, the company's strategic focus on premier workplaces and proactive portfolio management bode well for future growth. BXP faces challenges from the current market recession but has opportunities to capitalize on leasing momentum and strategic asset management.

Boston Properties exceeds Q1 guidance, eyes growth amid market challenges

Boston Properties (BXP) showcased resilience in Q1 with strong performance and strategic focus on premier assets and diverse leasing.
While facing challenges in leasing dynamics and execution, the company remains optimistic about future leasing activity and capital availability.
By balancing financial commitments, adapting to market demands, and pursuing growth opportunities, BXP aims to navigate the evolving real estate landscape successfully.

Boston Properties (BXP) exceeds Q2 expectations, poised for strategic growth

Boston Properties (BXP) reported strong Q2 2023 performance, excelling in leasing and showcasing resilience in the premier workplace segment. While facing economic uncertainties and market challenges, BXP remains well-positioned with a focus on strategic development and opportunities for growth.

Boston Properties (BXP) reports strong Q3 performance and navigates challenges

Boston Properties (BXP) reported strong Q3 performance with leasing activity exceeding expectations and stable client demand.
Challenges include economic conditions impacting leasing and slow life sciences demand in certain markets.
Opportunities lie in capitalizing on market distress, incremental FFO from development projects, and attracting institutional partners.
Maintaining dialogue with lenders and owners for opportunities while navigating economic uncertainty and financing challenges.

Boston Properties (BXP) exceeds market expectations in Q4 2023 earnings

Boston Properties (BXP) delivered a strong performance in Q4 and Full Year 2023, surpassing market expectations and showcasing resilience in a challenging market. While facing uncertainties and lower guidance for 2024, the company remains focused on strategic capital allocation, premier workplaces, and accretive investments to drive shareholder value creation.

Boston Properties maintains stable performance amidst market challenges and opportunities

Boston Properties (BXP) delivered stable financial performance in Q1 2024, focusing on strategic leasing, development, and financial management initiatives amidst market challenges.
The company's commitment to sustainability, active pursuit of growth opportunities, and prudent financial strategies position it well for long-term success and resilience.
While facing challenges such as higher interest expenses and financing limitations, Boston Properties remains agile in navigating market dynamics and leveraging opportunities for growth and diversification.
With a strong focus on premier workplace assets, diverse leasing activities, and a strategic shift towards residential development, Boston Properties demonstrates a forward-looking approach to driving sustainable growth and value creation.

Boston Properties excels in Q3, eyes residential expansion and value creation

Boston Properties' Q3 performance showcased resilience and strong leasing activity. The company's focus on premier workplaces and strategic capital allocation positions them well in the market. Despite challenges in occupancy, BXP is pursuing growth opportunities in residential and commercial real estate sectors.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BXP, Inc. operates as a real estate investment trust. It develops, acquires, manages and owns a portfolio of Class A properties. The firm operates through the following geographical locations: Boston, New York, San Francisco and Washington. The company was founded by Mortimer Benjamin Zuckerman and Edward H. Linde in 1970 and is headquartered in Boston, MA.

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that, on December 14, 2021, it completed the acquisition of 360 Park Avenue South, a 450,000 square-foot, 20-story office property located in the Midtown South submarket of Manhattan, New York, from Enterprise Asset Management, Inc. Redevelopment of the property has commenced, including modernizing building sys

Boston Properties Completes Acquisition of 360 Park Avenue South in New York City

BOSTON, Dec. 17, 2021 /PRNewswire/ -- Timed with the Winter Holidays and gift-giving season, Läderach-chocolatier suisse announced the opening of its newest premium chocolate store at the Prudential Center in Boston. This store is located on the main level and allows chocolate lovers to awaken their five senses through more than 85 artisanal varieties of handcrafted chocolates directly from Switzerland.

The Ultimate Fresh Chocolate Experience Arrives in Boston at the Prudential Center with New Läderach Store

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that the Company has been named to the inaugural Forbes Green Growth 50 list. BXP ranked #4 among the top 50 companies that are reducing greenhouse gas emissions while growing profits. “Since the industrial revolution, economic growth has often been correlated with increased greenhouse gas emissions,” said Ben

Boston Properties Named to 2021 Forbes Green Growth 50

Boston Properties' (BXP) recent lease with a leading biotech company reflects solid demand for its life-science properties.

Boston Properties (BXP) Secures Lease at 751 Gateway, Stock Up

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that a joint venture in which the Company has a 49% ownership has executed a 229,000 square foot lease with a leading biotech company at the venture's 751 Gateway project in South San Francisco, California. The lease covers the entire building, which is currently under construction with initial occupancy expect

Boston Properties Announces Full-Building Lease With Leading Biotech Firm at 751 Gateway in South San Francisco

With the execution of three leases, Boston Properties' (BXP) 244,000-square-foot life sciences conversion project in Waltham, MA, achieves a 70% prelease.

Boston Properties (BXP) Gets 70% Prelease for Waltham Project

Alexandria Real Estate Equities

AvalonBay Communities

Mid-America Apartment Communities

Prologis

Simon Property Group

STORE Capital

Terreno Realty

A rising tide lifted most boats, but not equally. Industrial and multifamily are riding high.

4 Commercial Real Estate Predictions for 2022

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that the Company has executed three leases totaling 166,000 square feet at its life sciences conversion project at 880 Winter Street in Waltham, Massachusetts. With these leases, the 244,000 square foot project, which is expected to deliver in the second half of 2022 is approximately 70% pre-leased. “We are thr

Boston Properties Executes Three Leases Totaling 166,000 SF at 880 Winter Street in Waltham, MA

Cousins Properties

Kilroy Realty

Things are changing in the office market, but these companies are well-positioned to deal with the shifts and prosper long term.

3 REITs You Shouldn't Give Up on Just Yet

Douglas Emmett

SL Green Realty

Demand for office space slowed in October for the second straight month, and the omicron variant of covid is hitting office REIT stocks hard.

Office stocks take a hit as omicron variant concerns add to growing slowdown in demand

AFC Gamma

Angel Oak Mortgage

JPMorgan BetaBuilders MSCI US REIT ETF

Blackstone Group

CyrusOne

CubeSmart

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

iShares Cohen & Steers REIT ETF

InvenTrust Properties Corp

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Kimco Realty

Kite Realty Group

MGM Growth Properties

Neuberger Berman Real Estate Securities Income Fund Inc

Realty Income Corp

Phillips Edison & Co Inc

US Diversified Real Estate ETF

Invesco Active US Real Estate

In our "State of the REIT Sector" report, we analyze recently-released NAREIT T-Tracker data to review high-level REIT fundamentals over the past quarter through a series of charts. REITs are no longer cheap, but premium valuations have revived the "animal spirits" and sparked a much-needed wave of M&A and IPO activity which has facilitated accretive external growth.

REITs Are No Longer Cheap

National Retail Properties

I have been writing on the Seeking Alpha platform for over a decade, and over the years, I have learned a lot from others. While my batting average is good, it's not .400, and this means that there are a few losers that I have no problem with pointing out to readers.

4 Of The Safest High-Yielding REITs For Retirees

CareTrust REIT

Healthpeak Properties Inc

Highwoods Properties

LTC Properties

Omega Healthcare Investors

Vici Properties

Inflation is the #1 concern of 31% of Americans right now, and it's not hard to guess why. Inflation is soaring at the fastest rate in recorded history and between 6.2% and 15.2%, depending on what goods and services you are measuring.

My, Oh My, 9 Rich Retirement REIT Buys

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that the Company has been named to the Dow Jones Sustainability Index (DJSI) North America for 2021. BXP was one of nine real estate companies that qualified and the only office REIT in the index, scoring in the 93rd percentile of the industry universe of companies assessed for inclusion. The DJSI North America

Boston Properties Named to 2021 Dow Jones Sustainability Index

Boston Properties, Inc. (BXP) CEO Owen Thomas on Q3 2021 Results - Earnings Call Transcript

Amid a recovering economy, Boston Properties' (BXP) Q3 results reflect a better-than-expected portfolio performance.

Boston Properties (BXP) Surpasses Q3 FFO and Revenue Estimates

BROOKLYN, N.Y.--(BUSINESS WIRE)--Rudin Development and Boston Properties (NYSE:BXP) announced today that Food52, a premier online cooking and home brand, is moving its New York offices to Dock 72 at the Brooklyn Navy Yard. Food52, which currently has offices in Chelsea, will occupy approximately 42,000 square feet of space spanning the entire 13th floor. As part of a 12-year lease, the firm plans to relocate from Manhattan to Dock 72 during the second half of 2022. Co-founded in 2009 by former

Boston Properties and Rudin Development Announce Food 52 to Relocate New York City Offices to Dock 72 at the Brooklyn Navy Yard

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, reported results today for the third quarter ended September 30, 2021. Financial highlights for the third quarter include: Revenue grew more than 5% to $730.1 million for the quarter ended September 30, 2021 as compared to $693.3 million for the quarter ended September 30, 2020. Net income attributable to common shareholders o

Boston Properties Announces Third Quarter 2021 Results; Reports EPS of $0.69 and FFO Per Share of $1.73

With the reopening of economy and recovery in the job market as well as high demand for life-science assets, Boston Properties' (BXP) portfolio performance is likely to have improved in Q3.

What's in Store for Boston Properties (BXP) This Earnings Season?

Boston Properties (BXP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Boston Properties (BXP) a New Buy Stock

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that it has earned a top ESG rating in the 2021 Global Real Estate Sustainability Benchmark (GRESB®) assessment. BXP earned a tenth consecutive “Green Star” recognition and the highest GRESB 5-star Rating, as well as an “A” disclosure score. The Company also achieved the highest scores in several categories, in

Boston Properties Earns Top ESG Rating In 2021 GRESB Assessment

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today the redemption price for the $1.0 billion in aggregate principal amount of 3.85% senior unsecured notes due February 1, 2023 (the “3.85% Notes”) issued by its operating partnership, Boston Properties Limited Partnership (“BPLP”). The 3.85% Notes will be redeemed in full on October 15, 2021 (the “Redemption Date

Boston Properties Announces Redemption Price for 3.85% Senior Notes Due February 2023

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, formally announced today the name and additional details of the world-class observatory and experiential attraction under development at Prudential Center in Boston, Massachusetts. The 59,000 square foot venue will be Boston's only observatory and is slated to open in 2023. The observatory will encompass the top three floors o

Boston Properties Announces View Boston Observatory at Prudential Center

Boston Properties has demonstrated itself to be a quality company capable of growth even during a time of transition.

Boston Properties Stock: Pricey But Not Unwarranted

BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced that it will release financial results for the third quarter on Tuesday, October 26, 2021, after the close of trading. The Company will host a conference call and audio webcast on Wednesday, October 27, 2021 at 10:00 A.M. Eastern Time to discuss the financial results for the third quarter and provide a Company update

News for Boston Properties Stock (BXP)