BXP, Inc.
BXPNYSE · SIC 6798
$69.85
↓ -1.1%Jul 17 close · end-of-day
Price
1Y↑ +4.1%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$11.1B
Enterprise Value
$10.6B
P/E
35.1
P/S
3.2
P/B
2.2
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
$3.5B
Net Income (TTM)
$317.2M
Free Cash Flow (TTM)
—
Gross Margin
58.8%
Operating Margin
—
Net Margin
9.1%
ROE
6.2%
ROIC
—
Debt / Equity
—
Net Cash
$512.8M
Return 1Y
+5.7%
Company profile
Boston Properties (NYSE:BXP) is the largest publicly-held developer and owner of Class A office properties in the United States. The Company's portfolio totals 51.2 million square feet and 196 properties, including six properties under construction/redevelopment.
- CEO
- Owen D. Thomas
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Trading
- Employees
- 780
- Headquarters
- Massachusetts
- Website
- bostonproperties.com
Management & directors
- Labelle Michael EEVP and CFO
- Kevorkian Eric GSVP, CLO and Secretary
- Otteni Peter VExecutive Vice President
- Spann Hilary J.Executive Vice President
- Thomas Owen DChief Executive Officer
- Ritchey Raymond ASenior EVP
- Stroman John JExecutive Vice President
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-07-28
BXP Q 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$872.1M↑ +0.8%
Diluted EPS$0.64↑ +64.1%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $2.8B | $2.9B | $3.1B | $3.3B | $3.4B | $3.5B |
| Gross profit | $1.7B | $1.8B | $1.9B | $2.0B | $2.0B | $2.1B |
| Operating income | — | — | — | — | — | — |
| Net income | $872.7M | $496.2M | $848.9M | $190.2M | $14.3M | $276.8M |
| Diluted EPS | $5.54 | $3.17 | $5.40 | $1.21 | $0.09 | $1.74 |
| Operating cash flow | $1.2B | $1.1B | $1.3B | $1.3B | $1.2B | $1.2B |
| Free cash flow | — | — | — | — | — | — |
| Gross margin | 61.3% | 62.8% | 62.1% | 61.1% | 59.9% | 59.1% |
| Operating margin | — | — | — | — | — | — |
| Net margin | 31.6% | 17.2% | 27.3% | 5.8% | 0.4% | 7.9% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $850.5M | $859.2M | $858.6M | $865.2M | $868.5M | $871.5M | $877.1M | $872.1M |
| Gross profit | $508.7M | $511.1M | $512.4M | $511.8M | $514.1M | $517.0M | $515.8M | $506.0M |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $79.6M | $83.6M | -$228.8M | $61.2M | $89.0M | -$121.7M | $248.4M | $101.6M |
| Diluted EPS | $0.51 | $0.53 | -$1.46 | $0.39 | $0.56 | -$0.77 | $1.56 | $0.64 |
| Operating cash flow | $367.1M | $286.1M | $383.7M | $210.0M | $353.1M | $274.2M | $407.8M | $156.5M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | 59.8% | 59.5% | 59.7% | 59.2% | 59.2% | 59.3% | 58.8% | 58.0% |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | 9.4% | 9.7% | -26.7% | 7.1% | 10.2% | -14.0% | 28.3% | 11.6% |
Company news
Jul 17, 2026
Jul 8, 2026
Jul 7, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-09 | LABELLE MICHAEL E· EVP and CFO | Sale | 18,080 | $66.05 | $1.2M | filing |
| 2026-06-09 | LABELLE MICHAEL E· EVP and CFO | Sale | 8,033 | $67.02 | $538,355.59 | filing |
| 2026-06-04 | LABELLE MICHAEL E· EVP and CFO | C | 23,981 | — | — | filing |
| 2026-05-29 | NAUGHTON TIMOTHY J | Award | 3,332 | $0.00 | $0.00 | filing |
| 2026-05-29 | West Tony | Award | 1,666 | $0.00 | $0.00 | filing |
| 2026-05-29 | Hoskins Diane J | Award | 3,332 | $0.00 | $0.00 | filing |
| 2026-05-22 | Kevorkian Eric G· SVP, CLO and Secretary | Sale | 2,000 | $59.85 | $119,701.60 | filing |
| 2026-05-21 | Kevorkian Eric G· SVP, CLO and Secretary | Sale | 200 | $60.23 | $12,045.00 | filing |
| 2026-05-21 | Kevorkian Eric G· SVP, CLO and Secretary | C | 2,000 | — | — | filing |
| 2026-05-20 | Otteni Peter V· Executive Vice President | Sale | 4,863 | $59.06 | $287,185.92 | filing |
| 2026-05-15 | Otteni Peter V· Executive Vice President | C | 4,863 | — | — | filing |
| 2026-02-27 | Spann Hilary J.· Executive Vice President | Sale | 5,495 | $59.69 | $327,996.55 | filing |
| 2026-02-25 | Spann Hilary J.· Executive Vice President | C | 5,495 | — | — | filing |
| 2026-02-13 | THOMAS OWEN D· Chief Executive Officer | Sale | 1,198 | $61.22 | $73,341.08 | filing |
| 2026-02-05 | Spann Hilary J.· Executive Vice President | Sale | 1,194 | $63.31 | $75,592.14 | filing |
| 2026-01-30 | Spann Hilary J.· Executive Vice President | Award | 12,757 | $0.00 | $0.00 | filing |
| 2026-01-15 | LABELLE MICHAEL E· EVP and CFO | Tax withholding | 1,658 | $67.11 | $111,268.38 | filing |
| 2026-01-15 | LABELLE MICHAEL E· EVP and CFO | Tax withholding | 1,252 | $67.11 | $84,021.72 | filing |
| 2026-01-15 | Spann Hilary J.· Executive Vice President | Tax withholding | 1,224 | $67.11 | $82,142.64 | filing |
| 2026-01-15 | Spann Hilary J.· Executive Vice President | Tax withholding | 1,002 | $67.11 | $67,244.22 | filing |
| 2026-01-15 | Kevorkian Eric G· SVP, CLO and Secretary | Tax withholding | 97 | $67.11 | $6,509.67 | filing |
| 2026-01-15 | Kevorkian Eric G· SVP, CLO and Secretary | Tax withholding | 92 | $67.11 | $6,174.12 | filing |
| 2025-12-26 | THOMAS OWEN D· Chief Executive Officer | W | 208 | $0.00 | $0.00 | filing |
| 2025-12-15 | THOMAS OWEN D· Chief Executive Officer | W | 990 | $0.00 | $0.00 | filing |
| 2025-12-01 | RITCHEY RAYMOND A· Senior EVP | Sale | 36,314 | $72.18 | $2.6M | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.