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BXP Stock Analysis - BXP, Inc. AI Rating

BXP NYSE Real Estate Investment Trusts DE CIK: 0001037540
Recently Updated • Analysis: Mar 21, 2026 • SEC Data: 2025-12-31
AI Rating
HOLD
62% Confidence

📊 BXP Key Takeaways

Revenue: $3.5B
Net Margin: 7.9%
Free Cash Flow: $1.2B
Current Ratio: N/A
Debt/Equity: 0.64x
EPS: $1.74
AI Rating: HOLD with 62% confidence

Investment Thesis

BXP demonstrates solid operational performance with 2.2% revenue growth and strong free cash flow generation (35.8% FCF margin), supported by healthy gross margins of 59.1%. However, the company faces significant financial constraints evidenced by weak interest coverage of 1.0x, elevated leverage (0.64x debt-to-equity), and modest profitability returns (5.4% ROE, 1.1% ROA) that limit growth capacity and financial flexibility.

BXP Strengths

  • + Strong free cash flow generation with 35.8% FCF margin providing dividend support capacity
  • + Healthy gross profit margin of 59.1% indicating solid operational efficiency
  • + Substantial asset base of $26.2B with moderate leverage ratio of 0.64x debt-to-equity
  • + Positive revenue growth trajectory at 2.2% YoY demonstrating market resilience

BXP Risks

  • ! Critical interest coverage ratio of 1.0x indicates minimal debt servicing cushion and refinancing vulnerability
  • ! Weak return metrics (ROE 5.4%, ROA 1.1%) suggest capital deployment inefficiency for a capital-intensive REIT
  • ! Net margin compression at 7.9% combined with elevated debt levels constrains financial flexibility for investments
  • ! Earnings volatility indicated by diluted EPS spike of 1,833% YoY suggests non-recurring items affecting profitability quality

Key Metrics to Watch

BXP Financial Metrics

Revenue
$3.5B
Net Income
$276.8M
EPS (Diluted)
$1.74
Free Cash Flow
$1.2B
Total Assets
$26.2B
Cash Position
$1.5B

💡 AI Analyst Insight

The 35.8% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

BXP Profitability Ratios

Gross Margin 59.1%
Operating Margin 19.4%
Net Margin 7.9%
ROE 5.4%
ROA 1.1%
FCF Margin 35.8%

BXP vs Default Sector

How BXP, Inc. compares to Default sector averages

Net Margin
BXP 7.9%
vs
Sector Avg 12.0%
BXP Sector
ROE
BXP 5.4%
vs
Sector Avg 15.0%
BXP Sector
Current Ratio
BXP 0.0x
vs
Sector Avg 1.8x
BXP Sector
Debt/Equity
BXP 0.6x
vs
Sector Avg 0.7x
BXP Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

BXP Balance Sheet & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.64x
Debt/Assets
70.6%
Interest Coverage
1.04x
Long-term Debt
$3.3B

BXP 5-Year Financial Trend

BXP 5-year financial data: Year 2021: Revenue $3.0B, Net Income $521.5M, EPS $3.30. Year 2022: Revenue $3.1B, Net Income $872.7M, EPS $5.54. Year 2023: Revenue $3.3B, Net Income $505.2M, EPS $3.17. Year 2024: Revenue $3.4B, Net Income $848.9M, EPS $5.40. Year 2025: Revenue $3.5B, Net Income $190.2M, EPS $1.21.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: BXP, Inc.'s revenue has grown significantly by 18% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.21 reflects profitable operations.

BXP Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
35.8%
Free cash flow / Revenue

BXP Quarterly Performance

Quarterly financial performance data for BXP, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $859.2M $28.5M $0.18
Q2 2025 $850.5M $79.6M $0.51
Q1 2025 $839.4M $61.2M $0.39
Q3 2024 $824.3M $70.3M $0.45
Q2 2024 $817.2M $79.6M $0.51
Q1 2024 $803.2M $77.9M $0.50
Q3 2023 $790.5M $70.3M $0.45
Q2 2023 $773.9M $104.3M $0.66

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

BXP Capital Allocation

Operating Cash Flow
$1.2B
Cash generated from operations
Dividends Paid
$643.1M
Returned to shareholders

BXP SEC Filings

Access official SEC EDGAR filings for BXP, Inc. (CIK: 0001037540)

📋 Recent SEC Filings

Date Form Document Action
Mar 6, 2026 8-K d96551d8k.htm View →
Mar 2, 2026 4 xslF345X05/wk-form4_1772461911.xml View →
Feb 27, 2026 10-K bxp-20251231.htm View →
Feb 26, 2026 4 xslF345X05/wk-form4_1772139550.xml View →
Feb 17, 2026 4 xslF345X05/wk-form4_1771360405.xml View →

Frequently Asked Questions about BXP

What is the AI rating for BXP?

BXP, Inc. (BXP) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.

What are BXP's key strengths?

Strong free cash flow generation with 35.8% FCF margin providing dividend support capacity. Healthy gross profit margin of 59.1% indicating solid operational efficiency.

What are the risks of investing in BXP?

Critical interest coverage ratio of 1.0x indicates minimal debt servicing cushion and refinancing vulnerability. Weak return metrics (ROE 5.4%, ROA 1.1%) suggest capital deployment inefficiency for a capital-intensive REIT.

What is BXP's revenue and growth?

BXP, Inc. reported revenue of $3.5B.

Does BXP pay dividends?

BXP, Inc. pays dividends, with $643.1M distributed to shareholders in the trailing twelve months.

Where can I find BXP SEC filings?

Official SEC filings for BXP, Inc. (CIK: 0001037540) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BXP's EPS?

BXP, Inc. has a diluted EPS of $1.74.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-12-31 | Powered by Claude AI