Brookfield Property Partners L.P. (BPYPO) Revenue History
Annual and quarterly revenue from 2012 to present
BPYPO Revenue Over Time (2012–2025)
BPYPO Revenue Growth History
10 of 13 years with positive growth- FY2012 revenue growth
- N/A
- FY2013 revenue growth
- +13.8%
- FY2014 revenue growth
- +2.0%
- FY2015 revenue growth
- +11.0%
- FY2016 revenue growth
- +10.3%
- FY2017 revenue growth
- +14.6%
- FY2018 revenue growth
- +18.0%
- FY2019 revenue growth
- +13.3%
- FY2020 revenue growth
- -19.6%
- FY2021 revenue growth
- +7.7%
- FY2022 revenue growth
- +3.7%
- FY2023 revenue growth
- +28.8%
- FY2024 revenue growth
- -3.9%
- FY2025 revenue growth
- -21.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $1.69B | -3.7% |
| Q4 2025 | $1.85B | -2.9% |
| Q3 2025 | $1.75B | -29.0% |
| Q2 2025 | $1.80B | -25.6% |
| Q1 2025 | $1.75B | -24.6% |
| Q4 2024 | $1.90B | -23.4% |
| Q3 2024 | $2.47B | +1.4% |
| Q2 2024 | $2.42B | +4.1% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
BPYPO's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
BPYPO Revenue Analysis (2012–2025)
Current Revenue & Growth
As of June 21, 2026, Brookfield Property Partners L.P. (BPYPO) generated trailing twelve-month (TTM) revenue of $7.08 billion, reflecting slight decline in growth of -3.7% year-over-year. The most recent quarter (Q1 2026) recorded $1.69 billion in revenue, down 8.7% sequentially.
Historical Growth Trajectory
BPYPO's 5-year compound annual growth rate (CAGR) stands at +1.6%, indicating moderate growth over time. The 3-year CAGR of -1.0% is below the 5-year average, signalling a growth deceleration in recent years. Brookfield Property Partners L.P.'s highest annual revenue of $9.48 billion was recorded in 2023.
Revenue by Segment
BPYPO's revenue is primarily driven by Room, Food And Beverage (82%), Gaming, And Other Leisure Activities (15%), and Other Hospitality Revenue (2%). With over half of revenue concentrated in Room, Food And Beverage, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Real Estate sector peers — including SPG (+10.9% YoY), MAC (+5.2% YoY), and CBL (+10.3% YoY) — BPYPO has underperformed the peer group in revenue growth. Compare BPYPO vs SPG →
BPYPO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BPYPOCurrent | $7.1B | -3.7% | +1.6% | 37.4% | |
 SPG | $6.4B | +10.9% | +6.7% | 49.9% | |
 MAC | $1.0B | +5.2% | +5.3% | 16.5% | |
 CBL | $578M | +10.3% | +0.1% | 24.2% | |
 BXP | $3.5B | +2.2% | +4.7% | 55.7% | |
 SLG | $1.0B | +53.2% | -0.5% | 15.4% |
BPYPO Historical Revenue Data (2012–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.15B | -21.6% | $4.06B | 56.8% | $2.67B | 37.4% |
| 2024 | $9.11B | -3.9% | $4.81B | 52.8% | $3.49B | 38.3% |
| 2023 | $9.48B | +28.8% | $4.75B | 50.1% | $3.43B | 36.2% |
| 2022 | $7.37B | +3.7% | $4.04B | 54.9% | $3.14B | 42.6% |
| 2021 | $7.10B | +7.7% | $3.96B | 55.8% | $3.09B | 43.5% |
| 2020 | $6.59B | -19.6% | $3.64B | 55.2% | $0 | - |
| 2019 | $8.20B | +13.3% | $4.59B | 56.0% | $3.78B | 46.1% |
| 2018 | $7.24B | +18.0% | $4.13B | 57.0% | $3.20B | 44.2% |
| 2017 | $6.13B | +14.6% | $3.30B | 53.8% | $2.48B | 40.5% |
| 2016 | $5.35B | +10.3% | $2.92B | 54.6% | $2.19B | 41.0% |
| 2015 | $4.85B | +11.0% | $2.54B | 52.2% | $1.80B | 37.0% |
| 2014 | $4.37B | +2.0% | $2.28B | 52.2% | $1.73B | 39.6% |
| 2013 | $4.29B | +13.8% | $2.13B | 49.6% | $1.65B | 38.4% |
| 2012 | $3.77B | - | $1.94B | 51.5% | $1.69B | 44.8% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
14+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
BPYPO — Frequently Asked Questions
Quick answers to the most common questions about buying BPYPO stock.
Is BPYPO's revenue growth accelerating or slowing?
BPYPO revenue growth is slowing. TTM revenue is $7.1B, up -3.7% year-over-year — below the 5-year CAGR of +1.6%. The deceleration suggests maturing end-markets or increased competition.
What is BPYPO's revenue history from 2012 to 2026?
Brookfield Property Partners L.P. (BPYPO) revenue history spans 2012 to 2026. TTM revenue as of 2026 is $7.1B, growing at -3.7% YoY. The 5-year CAGR is +1.6%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is BPYPO's long-term revenue growth rate (CAGR)?
Brookfield Property Partners L.P.'s 5-year revenue CAGR of +1.6% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -3.7% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for BPYPO.
Why does BPYPO's quarterly revenue fluctuate?
BPYPO quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Brookfield Property Partners L.P.'s revenue data from 2012 to 2026 shows full historical quarterly detail on this page.
How is BPYPO's revenue distributed by segment?
BPYPO reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does BPYPO's revenue compare to industry peers?
Brookfield Property Partners L.P. (BPYPO) with TTM revenue of $7.1B and -3.7% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.