Brookfield Property Partners L.P. (BPYPO) Financial Ratios
13 years of historical data (2012–2024) · Real Estate · Real Estate - Services
EV/EBITDA
↓
14.72
↓-43% vs avg
5yr avg: 25.68
30Y Low14.6·High59.3
P/FCF
↓
8.76
↓-25% vs avg
5yr avg: 11.63
30Y Low7.8·High53.5
P/B Ratio
↓
0.14
↑+32% vs avg
5yr avg: 0.11
30Y Low0.1·High0.2
ROE
↑
-1.2%
↑-114% vs avg
5yr avg: -0.5%
30Y Low-1%·High2%
Debt/EBITDA
↓
13.90
↓-41% vs avg
5yr avg: 23.42
30Y Low11.1·High19.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BPYPO Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Brookfield Property Partners L.P. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 8.8x P/FCF, 25% below the 5-year average of 11.6x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.4B | $4.8B | $4.1B | $4.5B | $7.7B | $11.7B | $13.5B | — | — | — | — |
| Enterprise Value | $57.5B | $56.9B | $75.3B | $60.7B | $59.2B | $63.6B | $67.4B | — | — | — | — |
| P/E Ratio → | -9.71 | — | — | — | 15.74 | — | 15.25 | — | — | — | — |
| P/S Ratio | 0.59 | 0.52 | 0.44 | 0.62 | 1.08 | 1.78 | 1.64 | — | — | — | — |
| P/B Ratio | 0.14 | 0.12 | 0.09 | 0.06 | 0.10 | 0.17 | 0.18 | — | — | — | — |
| P/FCF | 8.76 | 7.77 | — | — | 17.05 | 10.07 | 53.49 | — | — | — | — |
| P/OCF | 5.29 | 4.69 | — | — | 12.66 | 8.80 | 21.60 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
BPYPO EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Brookfield Property Partners L.P.'s enterprise value stands at 14.7x EBITDA, 43% below its 5-year average of 25.7x. The Real Estate sector median is 16.7x, placing the stock at a 12% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 6.24 | 7.94 | 8.24 | 8.33 | 9.64 | 8.22 | — | — | — | — |
| EV / EBITDA | 14.72 | 14.56 | 19.46 | 17.71 | 17.42 | 59.25 | 16.37 | — | — | — | — |
| EV / EBIT | 16.48 | 18.60 | 29.47 | 15.33 | 8.99 | 84.32 | 10.74 | — | — | — | — |
| EV / FCF | — | 92.44 | — | — | 131.48 | 54.67 | 267.59 | — | — | — | — |
BPYPO Profitability
Margins and return-on-capital ratios measuring operating efficiency
Brookfield Property Partners L.P. earns an operating margin of 38.3%, above the Real Estate sector average of 26.0%. Operating margins have compressed from 42.6% to 38.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -1.2% indicates the company is currently destroying shareholder equity. ROIC of 2.5% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 52.8% | 52.8% | 50.1% | 54.9% | 55.8% | 55.2% | 56.0% | 57.0% | 53.8% | 54.6% | 52.2% |
| Operating Margin | 38.3% | 38.3% | 36.2% | 42.6% | 43.5% | — | 46.1% | 44.2% | 40.5% | 41.0% | 37.0% |
| Net Profit Margin | -5.6% | -5.6% | -4.7% | -0.6% | 7.5% | -16.7% | 10.8% | 10.6% | 2.2% | 12.3% | 21.9% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -1.2% | -1.2% | -0.7% | -0.1% | 0.7% | -1.5% | 1.1% | 1.2% | 0.2% | 1.1% | 2.0% |
| ROA | -0.4% | -0.4% | -0.4% | -0.0% | 0.5% | -1.0% | 0.8% | 0.7% | 0.2% | 0.9% | 1.5% |
| ROIC | 2.5% | 2.5% | 2.1% | 1.8% | 1.8% | — | 2.1% | 2.2% | 2.1% | 1.9% | 1.7% |
| ROCE | 3.9% | 3.9% | 3.7% | 3.5% | 3.3% | — | 3.4% | 3.3% | 3.4% | 3.2% | 2.8% |
BPYPO Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Brookfield Property Partners L.P. carries a Debt/EBITDA ratio of 13.9x, which is highly leveraged (77% above the sector average of 7.9x). Net debt stands at $52.1B ($54.3B total debt minus $2.2B cash). Interest coverage of just 0.7x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.42 | 1.42 | 1.52 | 0.81 | 0.67 | 0.77 | 0.73 | 0.73 | 0.75 | 0.56 | 0.56 |
| Debt / EBITDA | 13.90 | 13.90 | 19.08 | 17.56 | 15.92 | 50.64 | 13.45 | 16.91 | 13.21 | 13.99 | 15.45 |
| Net Debt / Equity | — | 1.36 | 1.46 | 0.75 | 0.64 | 0.73 | 0.71 | 0.69 | 0.72 | 0.54 | 0.54 |
| Net Debt / EBITDA | 13.34 | 13.34 | 18.39 | 16.38 | 15.16 | 48.34 | 13.10 | 15.97 | 12.67 | 13.39 | 14.92 |
| Debt / FCF | — | 84.68 | — | — | 114.43 | 44.60 | 214.10 | — | — | — | 55.85 |
| Interest Coverage | 0.73 | 0.73 | 0.71 | 1.17 | 1.19 | — | 1.29 | 1.30 | 1.26 | 1.30 | 1.18 |
BPYPO Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.37x is below 1.0, meaning current liabilities exceed current assets — though the company's $2.2B cash position helps mitigate short-term liquidity concerns. The current ratio has improved from 0.29x to 0.37x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.37 | 0.37 | 0.26 | 0.29 | 0.75 | 0.94 | 0.78 | 1.92 | 0.80 | 0.51 | 1.90 |
| Quick Ratio | 0.36 | 0.36 | 0.26 | 0.29 | 0.72 | 0.91 | 0.77 | 1.82 | 0.67 | 0.27 | 1.68 |
| Cash Ratio | 0.10 | 0.10 | 0.07 | 0.17 | 0.12 | 0.27 | 0.16 | 0.53 | 0.16 | 0.18 | 0.32 |
| Asset Turnover | — | 0.09 | 0.07 | 0.07 | 0.06 | 0.06 | 0.07 | 0.06 | 0.07 | 0.07 | 0.07 |
| Inventory Turnover | 18.39 | 18.39 | — | 18.87 | 5.46 | 11.53 | 41.48 | 5.03 | 2.28 | 1.26 | 3.25 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
BPYPO Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Brookfield Property Partners L.P. returns 9.3% to shareholders annually — split between a 9.2% dividend yield and 0.1% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 9.2% | 10.4% | 29.7% | 10.2% | 5.2% | 5.3% | 4.4% | — | — | — | — |
| Payout Ratio | — | — | — | — | 75.8% | — | 66.5% | 138.6% | 221.3% | 120.6% | 71.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 6.4% | — | 6.6% | — | — | — | — |
| FCF Yield | 11.4% | 12.9% | — | — | 5.9% | 9.9% | 1.9% | — | — | — | — |
| Buyback Yield | 0.1% | 0.1% | 0.4% | 0.2% | 43.7% | 9.4% | 4.1% | — | — | — | — |
| Total Shareholder Yield | 9.3% | 10.5% | 30.1% | 10.4% | 48.9% | 14.8% | 8.5% | — | — | — | — |
| Shares Outstanding | — | $351M | $321M | $299M | $299M | $505M | $508M | $396M | $329M | $366M | $371M |
Peer Comparison
Compare BPYPO with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BPYPOYou | $5B | -9.7 | 14.7 | 8.8 | 52.8% | 38.3% | -1.2% | 2.5% | 13.9 |
 SPG | $66B | 14.3 | 20.4 | — | 85.7% | 49.9% | 89.6% | 7.6% | 6.4 |
 MAC | $6B | -27.6 | 5.2 | — | 95.4% | 67.8% | — | 20.9% | — |
 CBL | $1B | 10.1 | 11.4 | 18.9 | 7.6% | 24.2% | 40.1% | 4.2% | 7.1 |
 BXP | $9B | 33.6 | 8.8 | 13.5 | 60.6% | 55.7% | 3.5% | 6.1% | 6.1 |
 SLG | $3B | -27.5 | 26.1 | — | 34.1% | 15.4% | -2.0% | 1.1% | 19.3 |
 VNO | $6B | 7.2 | 16.9 | 4.5 | 100.0% | 15.0% | 13.9% | 1.4% | 10.5 |
 KIM | $16B | 28.4 | 17.7 | 20.6 | 54.7% | 35.2% | 5.5% | 3.0% | 6.3 |
 REG | $14B | 28.0 | 20.7 | 36.7 | 44.7% | 37.0% | 7.5% | 3.5% | 6.1 |
 FRT | $10B | 24.1 | 18.0 | 30.1 | 9.7% | 35.9% | 11.9% | 4.2% | 6.1 |
 BAM | $81B | 37.8 | 29.4 | 129.6 | 71.0% | 69.4% | 80.9% | 71.0% | 0.1 |
| Real Estate Median | — | 24.1 | 16.7 | 15.4 | 52.1% | 26.0% | 3.5% | 3.0% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 13 years · Updated daily
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Start ComparisonBPYPO — Frequently Asked Questions
Quick answers to the most common questions about buying BPYPO stock.
What is Brookfield Property Partners L.P.'s P/E ratio?
Brookfield Property Partners L.P.'s current P/E ratio is -9.7x. The historical average is 15.5x.
What is Brookfield Property Partners L.P.'s EV/EBITDA?
Brookfield Property Partners L.P.'s current EV/EBITDA is 14.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 24.1x.
What is Brookfield Property Partners L.P.'s ROE?
Brookfield Property Partners L.P.'s return on equity (ROE) is -1.2%. The historical average is 0.5%.
Is BPYPO stock overvalued?
Based on historical data, Brookfield Property Partners L.P. is trading at a P/E of -9.7x. Compare with industry peers and growth rates for a complete picture.
What is Brookfield Property Partners L.P.'s dividend yield?
Brookfield Property Partners L.P.'s current dividend yield is 9.20%.
What are Brookfield Property Partners L.P.'s profit margins?
Brookfield Property Partners L.P. has 52.8% gross margin and 38.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Brookfield Property Partners L.P. have?
Brookfield Property Partners L.P.'s Debt/EBITDA ratio is 13.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.