BXP's portfolio of trophy office assets continues to generate stable NOI margins around 60%, but the company faces a challenging operating environment characterized by minimal revenue growth (2.2% YoY) and persistent occupancy pressures. The balance sheet show...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has stalled at 3.1% YoY in 2026Q2, with NOI margins fluctuating between 8.1% and 60.8% due to non-cash items, though core margins appear stable around 60%.
BXP owns and manages a substantial portfolio of 179 properties, totaling approximately 52.6 million rentable square feet, concentrated in dynamic gateway markets like Boston, New York, San Francisco, Los Angeles, Seattle, and Washington, D.C. These locations are characterized by growing corporate earnings, which enhances the potential for increased leasing activity and tenant demand.
The company has demonstrated strong leasing momentum, completing significant leasing in its first quarter of 2026, exceeding 1.1 million square feet. BXP has raised its full-year 2026 FFO guidance, citing improved portfolio performance and a target of achieving four percentage points of total occupancy improvement over 2026 and 2027.
BXP is actively executing a plan to sell non-core assets, including land, residential, and non-strategic office properties. The company has generated substantial proceeds from these sales, enhancing its balance sheet flexibility and providing capital for growth.
Trailing total returns as of 10/2/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 28, 2026 | $0.43+6.7% vs $0.40 | $896M+4.4% vs $858M |
Q2 2026 Apr 28, 2026 | $0.64+48.8% vs $0.43 | $872M+2.9% vs $847M |
Q1 2026 Jan 27, 2026 | $1.57+178.9% vs $0.56 | $877M+1.8% vs $861M |
Q4 2025 Oct 28, 2025 | -$0.77-251.0% vs $0.51 | $872M+1.9% vs $855M |
BXP, Inc. (NYSE: BXP - Get Free Report) announced a quarterly dividend on Wednesday, September 16th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.70 per share by the real estate investment trust on Friday, October 30th. This represents a $2.80 annualized dividend and a yield of 4.4%. The ex-dividend date
Ask most investors about office REITs, and you'll hear some variation on a bear case in three parts that started in 2020. Remote work emptied buildings, then rental income cratered, and then valuations collapsed.
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Boston Properties (BXP) and National Health Investors (NHI). But which of these two stocks is more attractive to value investors?
A fat dividend yield can signal a screaming buy or a slow-motion disaster, and the difference hides in coverage math most investors never check.
Benchmark BXP against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for BXP, Inc. (BXP)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $60.24 | $9.61B | 34.62 | 2.19% | 7.95% | 3.54% | 6.72% | |
| $48.77 | $3.47B | -41.33 | 41.96% | -16.65% | -3.94% | — | |
| $33.56 | $6.31B | 7.99 | 1.27% | 3.71% | 1% | — | |
| $29.09 | $3.21B | 20.06 | -2.39% | 20.19% | 6.69% | — | |
| $8.81 | $1.1B | -13.15 | -0.93% | -14.17% | -5.39% | — | |
| $23.23 | $1.08B | 80.10 | 11.27% | 2.86% | 0.75% | — |
BXP, Inc. (BXP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
BXP, Inc. (BXP) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 31, 2026·SEC
Jul 28, 2026·SEC
May 29, 2026·SEC
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BXP, Inc. (BXP) stock FAQ — growth, dividends, profitability & financials explained
BXP, Inc. (BXP) reported $3.52B in revenue for fiscal year 2025. This represents a 1177% increase from $275.5M in 1997.
BXP, Inc. (BXP) grew revenue by 2.2% over the past year. Growth has been modest.
Yes, BXP, Inc. (BXP) is profitable, generating $296.9M in net income for fiscal year 2025 (7.9% net margin).
Yes, BXP, Inc. (BXP) pays a dividend with a yield of 6.72%. This makes it attractive for income-focused investors.
BXP, Inc. (BXP) has a return on equity (ROE) of 3.5%. This is below average, suggesting room for improvement.
BXP, Inc. (BXP) generated Funds From Operations (FFO) of $1.23B in the trailing twelve months. FFO is the primary profitability metric for REITs.
BXP, Inc. (BXP) offers a 6.72% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
