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BXP, Inc. (BXP)

BXP, Inc. brought in $3.5B of revenue over the twelve months to June 30, 2026, up 1.9% from a year earlier. Net income was $296.8M, a net margin of 8.4%. Operating cash flow minus capital spending left $1B of free cash flow in fiscal 2025. At June 30, 2026 it held $493.9M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 6, 2026.

Free, no password. An email when BXP files with the SEC.

Price
$64.84
-2.04% on the day · November 10, 2026
52-week range $49.72 to $74.94
Market cap
$10.4B
Revenue (last 12 months)
$3.5B
+1.9% year on year
Net margin
8.4%
P/E
37.3
on FY2025 diluted EPS

Key facts about BXP, Inc.

Net worth
BXP, Inc. has a market value (market cap) of $10.4B at the latest share price, and shareholders' equity of $5.2B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $3.5B (+2.2% year on year), with net income of $276.8M. Over the 12 months to June 30, 2026: revenue $3.5B, net income $296.8M.
Cash flow
In fiscal 2025 operations brought in $1.2B of cash; after $216.7M of capital spending, free cash flow was $1B.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 6, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
Next earnings report
BXP, Inc.'s next report is expected around January 27, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

What BXP, Inc. does

BXP, Inc. is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker BXP.

Revenue and profit by year

Revenue
FY18: $2.7B $2.7B FY18FY19: $3B $3B FY19FY20: $2.8B $2.8B FY20FY21: $2.9B $2.9B FY21FY22: $3.1B $3.1B FY22FY23: $3.3B $3.3B FY23FY24: $3.4B $3.4B FY24FY25: $3.5B $3.5B FY25
Net income
FY18: $582.8M $582.8M FY18FY19: $521.5M $521.5M FY19FY20: $872.7M $872.7M FY20FY21: $505.2M $505.2M FY21FY22: $848.9M $848.9M FY22FY23: $190.2M $190.2M FY23FY24: $14.3M $14.3M FY24FY25: $276.8M $276.8M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$3.5Bn/a$276.8M$1.74$1B
2024$3.4Bn/a$14.3M$0.09$1B
2023$3.3Bn/a$190.2M$1.21$1.1B
2022$3.1Bn/a$848.9M$5.40$1.1B
2021$2.9Bn/a$505.2M$3.17$982.2M
2020$2.8Bn/a$872.7M$5.54$996.7M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around January 27, 2027.

Estimated from its filing rhythm: 52 weeks after its report of January 28, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where BXP ranks in Real estate

Revenue$3.5B
#22 of 232 in Real estate · Top 9%
Revenue growth+2.2%
#124 of 207 in Real estate · Bottom 40%
Net margin7.9%
#110 of 210 in Real estate · Bottom 48%
Free cash flow margin29.5%
#27 of 117 in Real estate · Top 22%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Real estate

Dividends

It paid out $643.1M in cash dividends, 232% of its net income.

Fiscal yearPer sharePaid outOf profit
2025n/a$643.1M232%
2024n/a$689.9M4,834%
2023n/a$687.8M362%
2022n/a$685M81%
2021n/a$683.8M135%
2020n/a$688.9M79%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What BXP, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 6, 2026
    Quarterly report 10-Q · period to September 30, 2026
  2. October 27, 2026
  3. August 31, 2026
  4. August 14, 2026
  5. August 12, 2026
  6. August 6, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 3.1% to $895.7M versus the same quarter last year; diluted EPS $0.43 versus $0.56.
  7. July 28, 2026
  8. May 29, 2026
  9. May 22, 2026
  10. May 15, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on October 1, 2026. Insider transactions on SEC

What is BXP worth? A DCF from its reported cash flow

Insider trades

What the people running BXP, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
June 9, 2026 Labelle Michael EEVP and CFO Sold 18,080 $66.05 $1.2M Form 4
June 9, 2026 Labelle Michael EEVP and CFO Sold 8,033 $67.02 $538.4K Form 4
June 4, 2026 Labelle Michael EEVP and CFO Exercised options 23,981 - - Form 4
May 29, 2026 Naughton Timothy JDirector Received as pay 3,332 - - Form 4
May 29, 2026 Hoskins Diane JDirector Received as pay 3,332 - - Form 4
May 29, 2026 West TonyDirector Received as pay 1,666 - - Form 4
May 22, 2026 Kevorkian Eric GSVP, CLO and Secretary Sold 2,000 $59.85 $119.7K Form 4
May 21, 2026 Kevorkian Eric GSVP, CLO and Secretary Exercised options 2,000 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns BXP

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Vanguard Portfolio Management13G, passive 8.09% 12,843,709 April 29, 2026
Vanguard Capital Management13G, passive 7.17% 11,382,769 April 29, 2026
First Eagle Investment Management, LLC13G, passive 6% 9,511,749 May 13, 2026

Latest filings below 5%: Norges Bank 4.06% (August 12, 2026); The Vanguard Group 0% (March 26, 2026).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 548 managers reported a position.

HolderSharesValueChange on quarter
First Eagle Investment Management, LLC18,934,494$1.26B+9,590,033
BlackRock, Inc.17,981,430$1.19B+1,521,475
Vanguard Portfolio Management LLC12,963,896$859.6M+139,352
Vanguard Capital Management LLC10,052,458$666.6M+81,817
State Street Corp9,845,148$659.6M-44,920
APG Asset Management US Inc.7,230,130$489.9M+17,549
Norges Bank6,481,326$429.8Mnew
Invesco Ltd.5,799,416$384.6M-460,269
Geode Capital Management, LLC4,395,853$291M+82,880
Daiwa Securities Group Inc.4,088,872$271.1M-230,905
Morgan Stanley2,985,033$197.9M+398,710
Bank of America Corp2,812,104$186.5M+118,728
Charles Schwab Investment Management Inc2,672,074$177.2M+140,173
Northern Trust Corp2,561,870$169.9M+187,047
Earnest Partners LLC2,530,668$167.8M-22,165
Dimensional Fund Advisors LP2,321,469$153.9M-22,952
Sei Investments Co2,038,927$135.2M+38,260
Massachusetts Financial Services Co1,842,273$132.2M+849,683
Citadel Advisors LLC1,934,641$128.3M-2,132,184
Prudential Financial Inc1,815,512$120.4M+484,013

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

6 insiders reported holding 59,203 shares in total, about $3.8M at the last price.

HolderSharesAs of
Hoskins Diane JDirector 18,929 May 29, 2026
Spann Hilary J.Executive Vice President 17,832 February 27, 2026
Naughton Timothy JDirector 8,601 May 29, 2026
West TonyDirector 7,691 May 29, 2026
Labelle Michael EEVP and CFO 5,839 June 9, 2026
Kevorkian Eric GSVP, CLO and Secretary 311 May 22, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about BXP

What does BXP, Inc. do?

BXP, Inc. is a company in the Real estate sector, listed on NYSE as BXP. Its shares trade on NYSE under the ticker BXP.

What is BXP, Inc.'s net worth?

BXP, Inc. has a market value (market cap) of $10.4B at the latest share price, and shareholders' equity of $5.2B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is BXP, Inc. profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $296.8M on revenue of $3.5B, a net margin of 8.4%.

How much revenue does BXP, Inc. make?

Over the twelve months to June 30, 2026 BXP, Inc. reported revenue of $3.5B. That is 1.9% more than a year earlier.

When did BXP, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 6, 2026. It covers the period to September 30, 2026.

When is BXP, Inc.'s next earnings report?

BXP, Inc.'s next report is expected around January 27, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

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Where the numbers come from

Financial figures are the values BXP, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.