Brookfield Property Partners L.P. (BPYPO) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
BPYPO Revenue Growth
Revenue Breakdown (FY 2024)
BPYPO's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
BPYPO Revenue Analysis (2013–2024)
As of May 6, 2026, Brookfield Property Partners L.P. (BPYPO) generated trailing twelve-month (TTM) revenue of $7.20 billion, reflecting significant decline in growth of -29.0% year-over-year. The most recent quarter (Q3 2025) recorded $1.75 billion in revenue, down 2.9% sequentially.
Looking at the longer-term picture, BPYPO's 5-year compound annual growth rate (CAGR) stands at +2.1%, indicating moderate growth over time. The company achieved its highest annual revenue of $9.48 billion in 2023.
Revenue diversification analysis shows BPYPO's business is primarily driven by Room, Food And Beverage (86%), Gaming, And Other Leisure Activities (9%), and Other Hospitality Revenue (5%). With over half of revenue concentrated in Room, Food And Beverage, the company maintains significant focus in this area while developing other growth vectors.
When compared to Real Estate sector peers including SPG (+6.7% YoY), MAC (+10.4% YoY), and CBL (+12.2% YoY), BPYPO has underperformed the peer group in terms of 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 | $7.2B | -29.0% | +2.1% | 38.3% | |
 SPG | $6.4B | +6.7% | +6.7% | 49.9% | |
 MAC | $1.0B | +10.4% | +5.2% | 67.8% | |
 CBL | $578M | +12.2% | +0.1% | 24.2% | |
 BXP | $3.5B | +2.2% | +4.7% | 55.7% | |
 SLG | $1.0B | +38.9% | -0.5% | 15.4% |
BPYPO Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 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% |
See BPYPO's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs BPYPO Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare BPYPO vs WELL
Side-by-side business, growth, and profitability comparison vs Welltower Inc..
Start ComparisonBPYPO — Frequently Asked Questions
Quick answers to the most common questions about buying BPYPO stock.
Is BPYPO's revenue growth accelerating or slowing?
BPYPO revenue declined -29.0% year-over-year, contrasting with the 5-year CAGR of +2.1%. TTM revenue fell to $7.2B. This reverses the prior growth trend.
What is BPYPO's long-term revenue growth rate?
Brookfield Property Partners L.P.'s 5-year revenue CAGR of +2.1% reflects the variable expansion pattern. Current YoY growth of -29.0% is below this long-term average.
How is BPYPO's revenue distributed by segment?
BPYPO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.