Boston Financial Statements From 2010 to 2025

BXP Stock  USD 72.40  3.56  5.17%   
Boston Properties financial statements provide useful quarterly and yearly information to potential Boston Properties investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Boston Properties financial statements helps investors assess Boston Properties' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Boston Properties' valuation are summarized below:
Gross Profit
B
Profit Margin
0.1086
Market Capitalization
12.1 B
Enterprise Value Revenue
7.8275
Revenue
3.3 B
There are currently one hundred twenty fundamental signals for Boston Properties that can be evaluated and compared over time across rivals. Investors and active traders are advised to validate Boston Properties' prevailing fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction. As of 01/30/2025, Market Cap is likely to drop to about 8.7 B. In addition to that, Enterprise Value is likely to drop to about 17.4 B

Boston Properties Total Revenue

2.03 Billion

Check Boston Properties financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Boston Properties' main balance sheet or income statement drivers, such as Depreciation And Amortization of 503.2 M, Interest Expense of 691.7 M or Selling General Administrative of 226.9 M, as well as many indicators such as Price To Sales Ratio of 4.62, Dividend Yield of 0.0618 or PTB Ratio of 3.08. Boston financial statements analysis is a perfect complement when working with Boston Properties Valuation or Volatility modules.
  
Check out the analysis of Boston Properties Correlation against competitors.
To learn how to invest in Boston Stock, please use our How to Invest in Boston Properties guide.

Boston Properties Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets15.6 B29.9 B19.4 B
Slightly volatile
Short and Long Term Debt Total9.7 B19.1 B12.7 B
Slightly volatile
Total Current Liabilities612 M877.7 M652.1 M
Slightly volatile
Total Stockholder Equity4.5 B6.8 B5.3 B
Slightly volatile
Property Plant And Equipment Net24 B22.9 B5.2 B
Slightly volatile
Net Debt18.2 B17.4 B10.8 B
Slightly volatile
Accounts Payable553.4 M527.1 M312.3 M
Slightly volatile
Cash1.8 B1.8 B1.1 B
Pretty Stable
Non Current Assets Total13.9 B26.2 B17.3 B
Slightly volatile
Cash And Short Term Investments1.8 B1.8 B1.1 B
Pretty Stable
Net Receivables1.8 B1.7 B1.1 B
Slightly volatile
Common Stock Total Equity1.4 M1.8 M1.5 M
Slightly volatile
Common Stock Shares Outstanding137.6 M180.8 M147.4 M
Slightly volatile
Liabilities And Stockholders Equity15.6 B29.9 B19.4 B
Slightly volatile
Non Current Liabilities Total20.6 B19.6 B12.3 B
Slightly volatile
Other Stockholder Equity4.8 B7.7 B5.9 B
Slightly volatile
Total Liabilities21.5 B20.5 B13 B
Slightly volatile
Property Plant And Equipment Gross8.2 B12.4 B10.1 B
Slightly volatile
Total Current Assets3.9 B3.7 B2.3 B
Slightly volatile
Common Stock1.4 M1.8 M1.5 M
Slightly volatile
Other Assets70.2 M73.9 M3.7 B
Pretty Stable
Other Liabilities569.2 M526.2 M560.6 M
Pretty Stable
Long Term Debt9.3 B18.2 B11.1 B
Slightly volatile
Short Term Investments28.5 M37.1 M26 M
Slightly volatile
Net Tangible AssetsB7.1 B5.6 B
Slightly volatile
Long Term Debt Total12 B16.7 B11.4 B
Slightly volatile
Capital Surpluse6.7 B7.5 B6.2 B
Slightly volatile
Long Term Investments955.1 M1.6 B908 M
Slightly volatile
Non Current Liabilities Other545.8 M512.8 M489.6 M
Slightly volatile
Deferred Long Term Asset Charges746.5 M711.6 M671.8 M
Pretty Stable
Warrants10.5 M11 M641.3 M
Pretty Stable
Short and Long Term Debt124 M130.5 M4.5 B
Slightly volatile
Cash And Equivalents753 M793.9 M573.2 M
Slightly volatile
Net Invested Capital20.4 B25 B17.9 B
Slightly volatile
Net Working Capital1.8 B2.8 B1.4 B
Slightly volatile
Capital Stock1.3 M1.4 M139 M
Slightly volatile
Capital Lease Obligations557.4 M883.6 M487.1 M
Slightly volatile

Boston Properties Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization503.2 M957.7 M680.3 M
Slightly volatile
Selling General Administrative226.9 M216.1 M127 M
Slightly volatile
Total RevenueB3.8 B2.5 B
Slightly volatile
Gross Profit1.3 B2.4 B1.6 B
Slightly volatile
Other Operating Expenses1.2 B1.6 B1.5 B
Slightly volatile
Operating Income2.2 B2.1 BB
Slightly volatile
EBITDA1.2 B2.1 B1.5 B
Slightly volatile
Cost Of Revenue723.3 M1.4 B907.5 M
Slightly volatile
Total Operating Expenses185.9 M195.7 M593.8 M
Very volatile
Net Income415.6 M218.7 M376 M
Very volatile
Income Tax Expense110.6 M116.4 M349.8 M
Pretty Stable
Income Before Tax551.8 M335.1 M529 M
Slightly volatile
Net Income Applicable To Common Shares514.2 M975.3 M564.9 M
Slightly volatile
Extraordinary Items87.7 M142.2 M105.1 M
Slightly volatile
Selling And Marketing ExpensesM2.2 M2.4 M
Slightly volatile
Net Income From Continuing Ops321.2 M338.1 M846.5 M
Pretty Stable
Discontinued OperationsM9.2 M6.6 M
Slightly volatile
Non Recurring29 M27.6 M15.8 M
Slightly volatile
Interest Income46.6 M49.3 M164.8 M
Slightly volatile
Reconciled Depreciation772.5 M942 M684.6 M
Slightly volatile

Boston Properties Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow744.7 M847.3 M934.2 M
Pretty Stable
DepreciationB957.7 M647.4 M
Slightly volatile
Capital Expenditures520.9 M436.1 M504.2 M
Slightly volatile
Total Cash From Operating Activities755.6 M1.5 B936.5 M
Slightly volatile
Net Income207.8 M218.7 M529.5 M
Pretty Stable
End Period Cash Flow1.9 B1.9 B1.1 B
Pretty Stable
Stock Based Compensation34.5 M59.2 M37.7 M
Slightly volatile
Issuance Of Capital Stock15.1 M27.8 M16 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.623.036.2145
Slightly volatile
Dividend Yield0.06180.07170.0416
Slightly volatile
PTB Ratio3.082.163.1765
Slightly volatile
Days Sales Outstanding157150132
Slightly volatile
Book Value Per Share32.146.945.6296
Slightly volatile
Operating Cash Flow Per Share4.187.455.9593
Slightly volatile
Stock Based Compensation To Revenue0.01060.01510.0141
Pretty Stable
Capex To Depreciation0.580.611.5868
Slightly volatile
PB Ratio3.082.163.1765
Slightly volatile
EV To Sales7.757.1810.2412
Slightly volatile
Net Income Per Share1.321.392.4074
Pretty Stable
Payables Turnover2.913.063.7385
Slightly volatile
Sales General And Administrative To Revenue0.03540.05170.0461
Pretty Stable
Capex To Revenue0.140.150.3043
Slightly volatile
Cash Per Share9.218.776.9104
Very volatile
POCF Ratio13.197.6317.6723
Slightly volatile
Interest Coverage1.542.92.086
Slightly volatile
Payout Ratio1.793.252.559
Slightly volatile
Capex To Operating Cash Flow0.340.361.0352
Slightly volatile
Days Payables Outstanding68.62123106
Slightly volatile
Income Quality6.476.162.4704
Slightly volatile
ROE0.03540.03720.0769
Slightly volatile
EV To Operating Cash Flow22.0618.0629.0768
Slightly volatile
PE Ratio39.5852.1968.8092
Pretty Stable
Return On Tangible Assets0.0080.00840.0154
Slightly volatile
Earnings Yield0.01880.01980.0254
Pretty Stable
Net Debt To EBITDA5.167.286.5884
Very volatile
Current Ratio4.574.813.6632
Very volatile
Tangible Book Value Per Share60.8646.9108
Pretty Stable
Receivables Turnover2.42.523.2428
Slightly volatile
Graham Number33.9828.7141.4012
Very volatile
Shareholders Equity Per Share24.1833.6434.0316
Slightly volatile
Debt To Equity2.443.252.4672
Pretty Stable
Capex Per Share2.782.923.9291
Slightly volatile
Revenue Per Share11.3318.7415.9284
Slightly volatile
Interest Debt Per Share49.7198.4674.5152
Slightly volatile
Debt To Assets0.630.730.5939
Pretty Stable
Enterprise Value Over EBITDA13.4612.616.7793
Slightly volatile
Short Term Coverage Ratios1.922.0210.9877
Slightly volatile
Price Earnings Ratio39.5852.1968.8092
Pretty Stable
Operating Cycle157150116
Slightly volatile
Price Book Value Ratio3.082.163.1765
Slightly volatile
Days Of Payables Outstanding68.62123106
Slightly volatile
Dividend Payout Ratio1.793.252.559
Slightly volatile
Price To Operating Cash Flows Ratio13.197.6317.6723
Slightly volatile
Pretax Profit Margin0.09730.10.2056
Pretty Stable
Ebt Per Ebit0.170.180.6105
Slightly volatile
Operating Profit Margin0.530.510.3628
Slightly volatile
Effective Tax Rate0.470.490.7961
Slightly volatile
Company Equity Multiplier4.195.094.0579
Pretty Stable
Long Term Debt To Capitalization0.730.840.686
Pretty Stable
Total Debt To Capitalization0.740.850.6944
Pretty Stable
Return On Capital Employed0.03290.06570.0457
Slightly volatile
Debt Equity Ratio2.443.252.4672
Pretty Stable
Ebit Per Revenue0.530.510.3628
Slightly volatile
Quick Ratio4.574.813.7103
Very volatile
Dividend Paid And Capex Coverage Ratio1.791.71.2228
Slightly volatile
Net Income Per E B T0.870.750.7906
Slightly volatile
Cash Ratio2.192.311.7447
Pretty Stable
Operating Cash Flow Sales Ratio0.290.360.3578
Slightly volatile
Days Of Sales Outstanding157150132
Slightly volatile
Cash Flow Coverage Ratios0.07030.07050.0801
Slightly volatile
Price To Book Ratio3.082.163.1765
Slightly volatile
Fixed Asset Turnover0.140.151.9719
Slightly volatile
Capital Expenditure Coverage Ratio2.752.935.2747
Pretty Stable
Price Cash Flow Ratio13.197.6317.6723
Slightly volatile
Enterprise Value Multiple13.4612.616.7793
Slightly volatile
Debt Ratio0.630.730.5939
Pretty Stable
Cash Flow To Debt Ratio0.07030.07050.0801
Slightly volatile
Price Sales Ratio4.623.036.2145
Slightly volatile
Return On Assets0.0080.00840.0193
Slightly volatile
Asset Turnover0.140.12580.1309
Very volatile
Net Profit Margin0.06350.06680.1521
Slightly volatile
Gross Profit Margin0.720.62720.6471
Slightly volatile
Price Fair Value3.082.163.1765
Slightly volatile
Return On Equity0.03540.03720.0769
Slightly volatile

Boston Properties Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap8.7 B9.9 B16.1 B
Slightly volatile
Enterprise Value17.4 B23.5 B28 B
Pretty Stable

Boston Fundamental Market Drivers

Forward Price Earnings39.2157
Cash And Short Term Investments1.5 B

Boston Upcoming Events

30th of January 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Boston Properties Financial Statements

Boston Properties shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Boston Properties investors may analyze each financial statement separately, they are all interrelated. The changes in Boston Properties' assets and liabilities, for example, are also reflected in the revenues and expenses on on Boston Properties' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue350.6 M368.1 M
Total Revenue3.8 BB
Cost Of Revenue1.4 B723.3 M
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.05  0.04 
Capex To Revenue 0.15  0.14 
Revenue Per Share 18.74  11.33 
Ebit Per Revenue 0.51  0.53 

Pair Trading with Boston Properties

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boston Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boston Properties will appreciate offsetting losses from the drop in the long position's value.

Moving together with Boston Stock

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Moving against Boston Stock

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The ability to find closely correlated positions to Boston Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boston Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boston Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Boston Properties to buy it.
The correlation of Boston Properties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boston Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boston Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boston Properties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Boston Stock Analysis

When running Boston Properties' price analysis, check to measure Boston Properties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boston Properties is operating at the current time. Most of Boston Properties' value examination focuses on studying past and present price action to predict the probability of Boston Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Properties' price. Additionally, you may evaluate how the addition of Boston Properties to your portfolios can decrease your overall portfolio volatility.