Stock Fundamentals

Company Information

Company Name
Boston Properties Inc
Sector
Real Estate
Industry
REIT - Office
Exchange
NYSE
ISIN: US1011211018
CIK: 0001037540
CUSIP: 101121101
Currency: USD
Full Time Employees: 816
Phone: 617 236 3300
Fiscal Year End: December
IPO Date: Jun 18, 1997
Description:

BXP, Inc. is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 55 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of December 31, 2025, including properties owned by joint ventures, BXP's portfolio totals 52.6 million square feet and 179 properties, including 8 properties under construction/redevelopment. BXP's properties include 157 office properties, 14 retail properties (including one retail property under construction), seven residential properties (including three residential properties under construction) and one hotel. BXP is well-known for its in-house building management expertise and responsiveness to clients' needs. BXP holds a superior track record of developing premium Central Business District (CBD) office buildings, successful mixed-use complexes, suburban office centers and build-to-suit projects for a diverse array of creditworthy clients. BXP actively works to promote its growth and operations in a sustainable and responsible manner. BXP, an S&P 500 company, was founded in 1970 by Mortimer B. Zuckerman and Edward H. Linde and became a public company in 1997.

Address:

Prudential Center, 800 Boylston Street, Boston, MA, United States, 02199-8103

Directors & Officers

Name Title Year Born
Mr. Owen David Thomas CEO & Chairman of the Board 1962
Mr. Douglas T. Linde President & Director 1964
Mr. Michael E. LaBelle Executive VP, Treasurer & CFO 1964
Mr. Bryan J. Koop Executive Vice President of Boston Region 1959
Mr. Mortimer B. Zuckerman Co-Founder & Chairman Emeritus 1938
Mr. Michael R. Walsh Senior VP & Chief Accounting Officer 1967
Mr. James J. Whalen Jr. Senior VP & Chief Technology Officer 1963
Mr. Colin Joynt Senior VP & Chief Information Officer NA
Ms. Helen Han Vice President of Investor Relations NA
Mr. Eric G. Kevorkian Senior VP, Chief Legal Officer & Secretary 1972

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Vanguard Group Inc 24.03M Dec 31, 2025 15.16% $0.02 -0.44%
BlackRock Inc 17.80M Sep 30, 2025 11.23% $0.02 -8.74%
State Street Corp 11.30M Sep 30, 2025 7.13% $0.03 -1.15%
Cohen & Steers Inc 10.88M Sep 30, 2025 6.86% $1.46 112.60%
NORGES BANK 10.22M Dec 31, 2025 6.44% $0.07 0.35%
Apg Investments Us Inc 7.40M Sep 30, 2025 4.67% $4.17 3.24%
JPMorgan Chase & Co 5.88M Sep 30, 2025 3.71% $0.01 47.91%
Geode Capital Management, LLC 4.21M Sep 30, 2025 2.66% $0.02 1.46%
Amvescap Plc. 3.90M Sep 30, 2025 2.46% $0.05 44.90%
Morgan Stanley - Brokerage Accounts 3.81M Sep 30, 2025 2.40% $0.02 34.91%
Boston Partners Global Investors, Inc 3.54M Sep 30, 2025 2.23% $0.27 17.58%
Northern Trust Corp 3.41M Sep 30, 2025 2.15% $0.03 3.90%
Arnhold & S. Bleichroeder Advisers, LLC 3.41M Dec 31, 2025 2.15% $0.41 -3.44%
Allspring Global Investments Holdings, LLC 2.87M Sep 30, 2025 1.81% $0.35 -30.26%
Earnest Partners LLC 2.64M Dec 31, 2025 1.66% $0.76 -1.13%
Charles Schwab Investment Management Inc 2.43M Dec 31, 2025 1.53% $0.03 4.21%
The Goldman Sachs Group Inc 2.35M Sep 30, 2025 1.48% $0.02 -11.68%
Bank of America Corp 2.32M Sep 30, 2025 1.46% $0.01 -2.58%
Dimensional Fund Advisors, Inc. 2.29M Dec 31, 2025 1.45% $0.03 1.58%
Daiwa Securities Group Inc 2.01M Sep 30, 2025 1.27% $0.50 76.79%

Shares Statistics

Shares Outstanding: 158.55M
Shares Float: 147.01M
% Insiders: 48.80%
% Institutions: 11,697.20%
Short % Float: 9.85%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard Group Inc 24.03M 15.16% ▼ 0.44% Dec 31, 2025
2 BlackRock Inc 17.80M 11.23% ▼ 8.74% Sep 30, 2025
3 State Street Corp 11.30M 7.13% ▼ 1.15% Sep 30, 2025
4 Cohen & Steers Inc 10.88M 6.86% ▲ 112.60% Sep 30, 2025
5 NORGES BANK 10.22M 6.44% ▲ 0.35% Dec 31, 2025
6 Apg Investments Us Inc 7.40M 4.67% ▲ 3.24% Sep 30, 2025
7 JPMorgan Chase & Co 5.88M 3.71% ▲ 47.91% Sep 30, 2025
8 Geode Capital Management, LLC 4.21M 2.66% ▲ 1.46% Sep 30, 2025
9 Amvescap Plc. 3.90M 2.46% ▲ 44.90% Sep 30, 2025
10 Morgan Stanley - Brokerage Accounts 3.81M 2.40% ▲ 34.91% Sep 30, 2025

Valuation Metrics

Enterprise Value: $25.01B
Trailing P/E: 33.09
Forward P/E: 25.71

Financial Highlights

Market Cap: $10.19B
EBITDA: $1.81B
P/E Ratio: $33.09
PEG Ratio: $0.24
Book Value: $32.46
Dividend/Share: $3.36
Dividend Yield: 5.49%
Earnings/Share: $1.74
Profit Margin: 8.23%
Operating Margin: 33.00%
ROA (TTM): 2.17%
ROE (TTM): 4.92%
Revenue (TTM): $3.36B
Revenue/Share (TTM): $21.24
Earnings Growth (YOY): 10.50%
Revenue Growth (YOY): 8.30%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 2.28x 3.23x 0.71x 3.00x 8.57x
2024-12-31 2.56x 3.01x 0.70x 1.58x 10.06x
2023-12-31 4.19x 2.90x 0.69x 1.81x 10.01x
2022-12-31 3.16x 4.60x 0.65x 2.43x 12.76x
2021-12-31 2.58x 2.21x 0.64x 2.30x 7.26x
2020-12-31 4.91x 2.32x 0.63x 2.10x 6.51x
2019-12-31 3.10x 2.14x 0.62x 2.54x 6.96x
2018-12-31 3.31x 1.87x 0.59x 2.42x 5.41x
2017-12-31 2.44x 1.77x 0.58x 2.42x 6.73x
2016-12-31 1.95x 1.75x 0.58x 2.00x 6.65x
2015-12-31 2.08x 3.23x 0.57x 1.97x 12.37x
2014-12-31 2.32x 3.54x 0.60x 1.76x 14.10x
2013-12-31 3.61x 2.01x 0.65x 1.52x 8.65x
2012-12-31 5.63x 1.75x 0.64x 1.58x 7.83x
2011-12-31 7.35x 1.74x 0.63x 1.57x 7.99x
2010-12-31 4.97x 1.78x 0.63x 1.61x 8.21x
2009-12-31 4.90x 1.43x 0.59x 0.86x 10.69x
2008-12-31 1.41x 1.73x 0.68x 1.19x 5.65x
2007-12-31 10.74x 1.33x 0.61x 1.24x 5.25x
2006-12-31 7.61x 1.41x 0.60x N/A 14.07x
2005-12-31 144.11x 1.60x 0.59x N/A 5.41x
2004-12-31 87.61x 1.61x 0.59x N/A 8.55x
2003-12-31 5.51x 2.09x 0.62x N/A 6.63x
2002-12-31 -10.26x 2.38x 0.64x N/A 2.92x
2001-12-31 0.13x 2.30x 0.64x N/A 2.76x
2000-12-31 0.30x 1.95x 0.59x N/A 4.04x
1999-12-31 0.03x 0.00x 0.66x N/A 0.00x
1998-12-31 0.04x 0.00x 0.61x N/A 0.00x
1997-12-31 2.64x 0.00x 0.84x N/A 0.00x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Feb 13, 2026 Owen D Thomas N/A Sale 1.20K $61.22 $73.34K
Feb 05, 2026 Hilary J Spann N/A Sale 1.19K $63.31 $75.59K
Dec 19, 2025 Gilbert Ray Cisneros, Jr. N/A Sale N/A $68.93 N/A
Dec 01, 2025 Raymond A Ritchey N/A Sale 36.31K $72.18 $2.62M
Nov 25, 2025 Peter V Otteni N/A Sale 4.14K $72.65 $300.48K
Nov 18, 2025 Gilbert Ray Cisneros, Jr. N/A Purchase N/A $69.12 N/A
Nov 12, 2025 John J Stroman N/A Sale 16.84K $72.17 $1.22M
Nov 07, 2025 Michael E Labelle N/A Sale 13.42K $72.34 $970.95K
Mar 05, 2025 Donna D. Garesche N/A Sale 2.14K $67.87 $145.45K

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