BXP, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	3,379	3,312	3,168	3,026	2,835
Property Management Fees	36.58	28.06	40.85	28.06	27.7
Other Revenue	-53.56	40.31	27.76	36.93	3.36
Total Revenue	3,362	3,380	3,236	3,091	2,866
Revenue Growth (YoY	-0.53%	4.45%	4.71%	7.84%	4.68%
Property Expenses	1,373	1,324	1,220	1,138	1,039
Selling, General & Administrative	168.79	159.98	170.16	146.38	151.57
Depreciation & Amortization	912.09	887.19	830.01	749.78	717.34
Total Operating Expenses	2,454	2,371	2,221	2,035	1,908
Operating Income	908.11	1,009	1,016	1,056	957.79
Interest Expense	-653.14	-645.12	-579.57	-437.14	-423.35
Interest & Investment Income	41.27	64.69	75.89	11.72	10.12
Other Non-Operating Income	-	-0.08	-0.45	6.85	1.21
EBT Excluding Unusual Items	296.24	428.92	511.41	637.4	545.77
Gain (Loss) on Sale of Investments	-0.35	-331.72	-219.71	-63.89	7.68
Gain (Loss) on Sale of Assets	174.24	0.6	0.52	447.08	123.66
Asset Writedown	-85.8	-13.62	-0.8	-	-
Other Unusual Items	-0.34	-	-	-	-45.18
Pretax Income	384	84.19	291.42	1,021	631.93
Earnings From Continuing Operations	384	84.19	291.42	1,021	631.93
Minority Interest in Earnings	-107.2	-69.92	-101.21	-171.64	-126.74
Net Income	276.8	14.27	190.22	848.95	505.2
Preferred Dividends & Other Adjustments	-	-	-	0.89	8.97
Net Income to Common	276.8	14.27	190.22	848.06	496.22
Net Income Growth	1839.46%	-92.50%	-77.59%	68.04%	-42.11%
Basic Shares Outstanding	158	157	157	157	156
Diluted Shares Outstanding	159	158	157	157	156
Shares Change (YoY)	0.68%	0.38%	0.04%	0.49%	0.55%
EPS (Basic)	1.75	0.09	1.21	5.41	3.18
EPS (Diluted)	1.74	0.09	1.21	5.40	3.17
EPS Growth	1833.33%	-92.56%	-77.59%	70.35%	-42.78%
Dividend Per Share	3.360	3.920	3.920	3.920	3.920
Dividend Growth	-14.29%	-	-	-	-
Operating Margin	27.01%	29.86%	31.38%	34.17%	33.42%
Profit Margin	8.23%	0.42%	5.88%	27.44%	17.32%
EBITDA	1,815	1,897	1,846	1,806	1,675
EBITDA Margin	53.98%	56.11%	57.03%	58.43%	58.45%
D&A For Ebitda	906.76	887.19	830.01	749.78	717.34
EBIT	908.11	1,009	1,016	1,056	957.79
EBIT Margin	27.01%	29.86%	31.38%	34.17%	33.42%
Funds From Operations (FFO)	1,089	1,120	1,144	1,184	-
FFO Per Share	6.85	7.10	7.28	-	-
Adjusted Funds From Operations (AFFO)	1,089	1,120	1,144	1,184	-
AFFO Per Share	6.85	7.10	7.28	-	-
FFO Payout Ratio	-	61.57%	60.13%	57.88%	-
Revenue as Reported	3,482	3,408	3,274	3,109	2,889

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.