Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

BXP, Inc.

BXPNYSE
Wall Street Score · overall investment28/100
$61.48USD+$0.59 (+0.97%)
Company website www.bxp.com
HeadquartersPrudential Center, 800 Boylston Street, Boston, MA, 02199-8103, US
Financial statement currencyUSD · no FX conversion applied
Real Estate · REIT - Office
Price updated todayFinancials updated Oct 1, 2026

BXP · Price history

Price at last available close

$61.48

−$0.95 (-1.52%) 1M

2026-10-28

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Company & revenue

About BXP, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

BXP, trading on the NYSE, is the leading publicly listed company engaged in the development and ownership of premier Class A office properties across the United States. Its operations are strategically concentrated in five major urban centers: Boston, Los Angeles, New York, San Francisco, and Washington, D. C.

How they make money

BXP is a fully integrated, self-administered, and self-managed real estate investment trust (REIT) that generates revenue primarily through the leasing of office and other commercial space to tenants. The company develops, acquires, and manages premier workplaces, collecting rental income and providing property management services across its portfolio of properties.

Products & services

Development, ownership, and management of premier office workplaces and related commercial real estate assets.

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

BostonUSD 1.29B36.9%

Period ended 2025-12-31Source

NEW YORKUSD 1.05B30.3%

Period ended 2025-12-31Source

San FranciscoUSD 523.94M15.1%

Period ended 2025-12-31Source

DISTRICT OF COLUMBIAUSD 445.08M12.8%

Period ended 2025-12-31Source

Los AngelesUSD 70.52M2.0%

Period ended 2025-12-31Source

SeattleUSD 49.27M1.4%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Customer types

Customer concentration

As of December 31, 2025, no single tenant accounted for more than 10% of the company's total consolidated revenue.

Suppliers, materials & equipment

  • Construction and development contractors — Third-party contractors engaged for the development and construction of properties.Source
  • Property management service providers — Various vendors providing maintenance, security, and janitorial services for property operations.Source

Strengths

  • Concentration in high-barrier-to-entry gateway marketsSource
  • Integrated development, ownership, and management platformSource

Risks

  • Economic downturns affecting tenant demand and rental ratesSource
  • Interest rate volatility and access to capital marketsSource
  • Concentration of properties in specific geographic marketsSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

28

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

31

Poor

Financial Strength

39

Business Quality / Moat

13

Management

35

Growth Quality

28

Risk / Durability

49

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

20

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

27/100

Building Historical Record

Model Score 27/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like

No strong positive signal is being highlighted from the currently available summary data.

What to watch
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Debt / balance-sheet profile needs attention
  • •Asset quality is a weaker factor

Company-specific research

Questions worth answering for BXP

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can BXP maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is BXP's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is BXP's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What future growth or profitability would be needed to justify BXP's current valuation?
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

28

0–100 · Poor

Opportunity Score

20

0–100 · Poor

Market Cap

$9.82B

P/E Ratio

32.9

EPS

$1.86

52-Week High

$76.37

52-Week Low

$49.72

Beta

1.03

Intrinsic Value

$30.16

Analyst Target

$70.00

Shares Outstanding

158.9M

Total Revenue

$3.52B

Total Debt

$16.36B

Dividend Yield (TTM)

4.55%

View dividend history

Liquidation Value / Share

$48.70

Estimated net asset value per share

Dividend / Share (TTM)

$2.80

Trailing 12 months by ex-date; not a forecast

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
52/ 100
+18 pts / 5d

Neutral / mixed momentum

5D +4.8% · 20D +0.6% · RSI 58 · Price vs 20D avg +2.7%
Volatility
29/ 100
+9 pts / 5d

Low movement

20D realized vol 31.2% · 60D 27.3% · Acceleration 1.14x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for BXP

Detected from reported data — verify before acting.

Dividend history reported

Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on BXP.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Concentration in high-barrier-to-entry gateway markets.
  • +Integrated development, ownership, and management platform.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the REIT - Office industry.
  • −Economic downturns affecting tenant demand and rental rates.
  • −Interest rate volatility and access to capital markets.
  • −Concentration of properties in specific geographic markets.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak28/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

28

Tap for breakdown →

Poor

30

Debt Cost3.7%
Debt Reduction YoY-0.2%
Debt / Equity3.37x

Tap for breakdown →

Poor

14

Revenue YoY1.0%
Revenue CAGR3.1%
Net Margin8.4%

Tap for breakdown →

Weak

44

Asset Growth YoY0.3%
Liquidation/Share$48.70
Net Assets/MCap0.90x

Tap for breakdown →

Poor

13

Earnings Yield3.0%
Buyback Yield0.0%
Debt Cost3.7%

Tap for breakdown →

Poor

35

ROIC9.3%
ROE5.8%
ROA1.2%

Tap for breakdown →

Poor

13

EPS Growth350.1%
FCF/Share Growth-6.9%
Rev/Share Growth3.1%

Tap for breakdown →

Poor

10

Intrinsic Value$30.16
Value Reference$18.09
MOS-103.5%

Tap for breakdown →

Poor

25

Revenue14
Moat13
Valuation10

Tap for breakdown →

Poor

0

MOS %-103.5%
Value Reference$18.09
Deep Discount Reference$12.06

Tap for breakdown →

Fair

57

Interest Coverage3.0x
ROIC9.3%
FCF Yield7.1%

Tap for breakdown →

Weak

45

Financial57
Valuation10
Debt30

Tap for breakdown →

Strong

77

Survival Years10.8 yrs
Current Ratio2.28x
FCF Margin19.8%

Tap for breakdown →

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Score Changes

5 historical score records available

Previous Score

28

Sep 9, 2026

Change

+0.3

points

Current Score

28

Oct 1, 2026

Category Changes

Revenue+0.4
Debt0
Assets+2.0
Capital+1.0
Management0
Moat0
Valuation0
Buffett+0.4

BXP increased 0.3 points because Asset improved by 2 points.

Positive Contributors

  • + Asset improved by 2 points

Projected Score

Projected Score

24

Projected Change

-4.2 points

Preliminary comparable-period financial changes suggest decline of approximately 4.2 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Overvalued

Current Price

$61.48

Model Intrinsic Value

$30.16

Difference

+$31.32

+103.9% vs IV

Margin of Safety

-103.9%

UndervaluedFair ValueOvervalued
Value Reference: $18.09
Deep Discount Reference: $12.06

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$900M$1.8B$2.7B$3.6B

Additional Metrics

Operating Cash Flow

201520172019202120232025$0$350M$700M$1.1B$1.4B

Total Debt

201520172019202120232025$0$4.5B$9.0B$13.5B$18.0B

Total Assets

201520172019202120232025$0$7.0B$14.0B$21.0B$28.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$3.52B$3.48B$3.41B$3.27B····························
Cost of Revenue$1.87B$1.37B$1.32B$1.22B····························
Gross Profit$1.65B$2.11B$2.09B$2.06B····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$137.2M$168.8M$176.5M$187.9M····························
Operating Expenses$414.9M$168.8M$1.06B$1.02B····························
EBITDA$1.86B$1.94B$1.62B$1.70B····························
Operating Income$1.23B$1.94B$1.02B$1.04B····························
Interest Expense$620.1M$647.7M$645.1M$572.9M····························
Income Before Tax$413.4M$384.0M$84.2M$291.4M····························
Income Tax Expense$0.00$0.00$0.00$0.00····························
Net Income$296.9M$276.8M$14.3M$190.2M····························
Basic EPS$1.86$1.74$0.09$1.21····························
Basic Shares159M159M157M157M····························
Diluted Shares160M159M158M157M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026

Revenue

$895.7M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$0.43

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-5.7%

Cash Change

+23.8%

Margin Change

-2.6 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Cash position grew
  • Debt reduced

What Weakened

  • Margins contracted

Potential Score Impact

Positive indicators included revenue growth, cash levels, debt levels. Pressure indicators included EPS growth, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 3.1%. EPS declined 23.2%. Cash increased 23.8%. Total debt declined 5.7%. Net income margin declined by 2.6 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

7

Smart Money

7

Number of Gurus

1

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Log in to view dividend history.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

5 historical records
Jul 23, 26Aug 12, 26Sep 2, 26Sep 9, 26Oct 1, 260255075100

Historical Score Chart

3 of 5 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 2 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Debt Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Revenue Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Asset Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Capital Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Management Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Moat Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Valuation Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Buffett Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Intrinsic Value

Sep 2, 26Sep 9, 26Oct 1, 26$28.00$29.00$30.00$31.00$32.00

Value Reference

Sep 2, 26Sep 9, 26Oct 1, 26$16.00$17.00$18.00$19.00$20.00

Margin of Safety %

Sep 2, 26Sep 9, 26Oct 1, 26-3.0%-2.0%-1.0%0.0%1.0%

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News

Rumor Mill · BXP

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

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Highest Wall Street Score stocksBest growth stocksTop REITsHow Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

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