Brookfield Property Partners Lp - Understand $bpypp stock

$BPYPP Market Cap: $119.1 Million

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Financial Snapshot

Revenue

$9.659B

TTM

Gross Margin

57.73%

TTM

Net Earnings

-$479.0M

TTM

Current Assets

$6.451B

Q2 2024

Current Liabilities

$23.27B

Q2 2024

Current Ratio

27.72%

Q2 2024

Total Assets

$132.6B

Q2 2024

Total Liabilities

$123.9B

Q2 2024

Book Value

$8.688B

Q2 2024

Cash

$2.401B

Q2 2024

P/E

-0.2486

Nov 07, 2024 EST

Free Cash Flow

-$5.502B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$9.483B	$7.365B	$7.100B	$6.593B	$8.203B	$7.239B	$6.135B	$5.352B	$4.853B	$4.373B	$4.287B	$3.768B	$2.781B	$2.235B
YoY Change	28.76%	3.73%	7.69%	-19.63%	13.32%	18.0%	14.63%	10.28%	10.98%	2.01%	13.77%	35.49%	24.43%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$9.483B	$7.365B	$7.100B	$6.593B	$8.203B	$7.239B	$6.135B	$5.352B	$4.853B	$4.373B	$4.287B	$3.768B	$2.781B	$2.235B
Cost Of Revenue	$3.430B	$2.630B	$2.489B	$2.267B	$2.657B	$2.524B	$2.344B	$1.950B	$1.884B	$1.660B	$1.658B	$1.451B	$946.0M	$792.0M
Gross Profit	$6.053B	$4.735B	$4.611B	$4.326B	$5.546B	$4.715B	$3.791B	$3.402B	$2.969B	$2.713B	$2.629B	$2.317B	$1.835B	$1.443B
Gross Profit Margin	63.83%	64.29%	64.94%	65.62%	67.61%	65.13%	61.79%	63.57%	61.18%	62.04%	61.32%	61.49%	65.98%	64.56%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin	$1.404B	$930.0M	$924.0M	$816.0M	$1.493B	$1.621B	$1.104B	$1.050B	$993.0M	$833.0M	$820.0M	$526.0M	$279.0M	$156.0M
YoY Change	50.97%	0.65%	13.24%	-45.34%	-7.9%	46.83%	5.14%	5.74%	19.21%	1.59%	55.89%	88.53%	78.85%
% of Gross Profit	23.2%	19.64%	20.04%	18.86%	26.92%	34.38%	29.12%	30.86%	33.45%	30.7%	31.19%	22.7%	15.2%	10.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$440.0M	$287.0M	$308.0M	$319.0M	$341.0M	$308.0M	$275.0M	$240.0M	$180.0M	$148.0M	$164.0M	$104.0M	$20.00M	$21.00M
YoY Change	53.31%	-6.82%	-3.45%	-6.45%	10.71%	12.0%	14.58%	33.33%	21.62%	-9.76%	57.69%	420.0%	-4.76%
% of Gross Profit	7.27%	6.06%	6.68%	7.37%	6.15%	6.53%	7.25%	7.05%	6.06%	5.46%	6.24%	4.49%	1.09%	1.46%
Operating Expenses	$1.404B	$930.0M	$924.0M	$816.0M	$1.834B	$1.929B	$1.379B	$1.290B	$1.173B	$981.0M	$982.0M	$630.0M	$279.0M	$193.0M
YoY Change	50.97%	0.65%	13.24%	-55.51%	-4.92%	39.88%	6.9%	9.97%	19.57%	-0.1%	55.87%	125.81%	44.56%
Operating Profit	$4.649B	$3.805B	$3.687B	$3.510B	$3.712B	$2.786B	$2.412B	$2.112B	$1.796B	$1.732B	$1.647B	$1.687B	$1.556B	$1.250B
YoY Change	22.18%	3.2%	5.04%	-5.44%	33.24%	15.51%	14.2%	17.59%	3.7%	5.16%	-2.37%	8.42%	24.48%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$4.823B	$2.683B	$2.593B	$2.592B	-$359.0M	$949.0M	$248.0M	$30.00M	$2.070B	$3.864B	$617.0M	$1.442B	$2.697B	$929.0M
YoY Change	79.76%	3.47%	0.04%	-822.01%	-137.83%	282.66%	726.67%	-98.55%	-46.43%	526.26%	-57.21%	-46.53%	190.31%
% of Operating Profit	103.74%	70.51%	70.33%	73.85%	-9.67%	34.06%	10.28%	1.42%	115.26%	223.09%	37.46%	85.48%	173.33%	74.32%
Other Income/Expense, Net													-$48.00M	$9.000M
YoY Change													-633.33%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Pretax Income	-$2.268B	$1.277B	$3.989B	-$1.838B	$3.353B	$3.735B	$2.660B	$2.142B	$3.866B	$5.596B	$2.264B	$3.129B	$4.205B	$2.188B
YoY Change	-277.6%	-67.99%	-317.03%	-154.82%	-10.23%	40.41%	24.18%	-44.59%	-30.91%	147.17%	-27.64%	-25.59%	92.18%
Income Tax	-$419.0M	$281.0M	$490.0M	$220.0M	$196.0M	$81.00M	$192.0M	-$575.0M	$100.0M	$1.176B	$501.0M	$489.0M	$439.0M	$78.00M
% Of Pretax Income		22.0%	12.28%		5.85%	2.17%	7.22%	-26.84%	2.59%	21.02%	22.13%	15.63%	10.44%	3.56%
Net Earnings	-$1.849B	$996.0M	$3.499B	-$2.058B	$949.0M	$862.0M	$158.0M	$761.0M	$1.230B	$1.154B	$350.0M	$1.476B	$2.344B	$1.027B
YoY Change	-285.64%	-71.53%	-270.02%	-316.86%	10.09%	445.57%	-79.24%	-38.13%	6.59%	229.71%	-76.29%	-37.03%	128.24%
Net Earnings / Revenue	-19.5%	13.52%	49.28%	-31.21%	11.57%	11.91%	2.58%	14.22%	25.35%	26.39%	8.16%	39.17%	84.29%	45.95%
Basic Earnings Per Share
Diluted Earnings Per Share	-$1.38	-$0.16	$1.77	-$2.39	$1.88	$2.17	$0.48	$2.07	$3.31	$4.66	$1.60	$6.75	$10.72	$4.70

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$2.341B	$4.020B	$2.576B	$2.473B	$1.438B	$3.288B	$1.491B	$1.456B	$1.035B	$1.282B	$1.368B	$894.0M
YoY Change	-41.77%	56.06%	4.16%	71.97%	-56.27%	120.52%	2.4%	40.68%	-19.27%	-6.29%	53.02%
Cash & Equivalents	$2.341B	$4.020B	$2.576B	$2.473B	$1.438B	$3.288B	$1.491B	$1.456B	$1.035B	$1.282B	$1.368B	$894.0M
Short-Term Investments
Other Short-Term Assets	$1.997B	$1.213B	$1.424B	$1.118B	$897.0M	$1.567B	$560.0M	$2.179B	$798.0M	$2.647B	$649.0M	$717.0M
YoY Change	64.63%	-14.82%	27.37%	24.64%	-42.76%	179.82%	-74.3%	173.06%	-69.85%	307.86%	-9.48%
Inventory	$131.0M	$176.0M
Prepaid Expenses
Receivables	$1.355B	$787.0M	$852.0M	$753.0M	$510.0M	$794.0M	$421.0M	$414.0M	$422.0M	$478.0M	$386.0M	$272.0M
Other Receivables	$1.365B	$314.0M	$73.00M	$77.00M	$57.00M	$461.0M	$7.000M	$2.000M	$4.000M	$117.0M	$608.0M	$212.0M
Total Short-Term Assets	$7.189B	$6.510B	$4.925B	$4.421B	$2.902B	$6.110B	$2.479B	$4.051B	$2.259B	$4.524B	$3.011B	$2.095B
YoY Change	10.43%	32.18%	11.4%	52.34%	-52.5%	146.47%	-38.81%	79.33%	-50.07%	50.25%	43.72%
Property, Plant & Equipment	$94.00B	$77.99B	$70.24B	$77.85B	$82.79B	$87.70B	$56.81B	$54.14B	$41.60B	$41.14B	$34.15B	$31.70B
YoY Change	20.53%	11.03%	-9.77%	-5.97%	-5.6%	54.37%	4.94%	30.15%	1.11%	20.46%	7.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$22.74B	$22.54B	$23.12B	$21.42B	$22.14B	$23.20B	$20.09B	$17.05B	$17.82B	$12.43B	$10.47B	$8.246B
YoY Change	0.89%	-2.51%	7.93%	-3.24%	-4.58%	15.49%	17.81%	-4.31%	43.36%	18.67%	27.01%
Other Assets	$4.678B	$3.201B	$11.78B	$2.067B	$1.342B	$2.361B	$2.007B	$442.0M	$8.637B	$6.586B	$3.922B	$4.800B
YoY Change	46.14%	-72.83%	469.91%	54.02%	-43.16%	17.64%	354.07%	-94.88%	31.14%	67.92%	-18.29%
Total Long-Term Assets	$124.4B	$106.0B	$107.1B	$103.5B	$108.7B	$116.4B	$81.87B	$74.08B	$69.61B	$61.05B	$49.44B	$45.59B
YoY Change	17.34%	-1.0%	3.43%	-4.79%	-6.59%	42.19%	10.52%	6.42%	14.01%	23.5%	8.44%
Total Assets	$131.6B	$112.5B	$112.0B	$108.0B	$111.6B	$122.5B	$84.35B	$78.13B	$71.87B	$65.58B	$52.45B	$47.68B
YoY Change
Accounts Payable	$3.216B	$2.852B	$2.021B	$2.094B	$2.537B	$2.466B	$1.636B	$1.810B	$2.123B	$1.592B	$1.541B	$1.425B
YoY Change	12.76%	41.12%	-3.49%	-17.46%	2.88%	50.73%	-9.61%	-14.74%	33.35%	3.31%	8.14%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$30.00M
YoY Change											-100.0%
Long-Term Debt Due	$29.67B	$39.25B	$39.64B	$14.18B	$9.040B	$6.653B	$6.904B	$5.596B	$8.580B	$3.127B	$5.120B	$3.366B
YoY Change	-24.4%	-0.99%	179.55%	56.85%	35.88%	-3.64%	23.37%	-34.78%	174.38%	-38.93%	52.11%
Total Short-Term Liabilities	$35.20B	$44.97B	$45.37B	$17.82B	$12.33B	$10.14B	$10.51B	$8.215B	$11.72B	$5.356B	$6.973B	$5.160B
YoY Change	-21.73%	-0.88%	154.52%	44.6%	21.52%	-3.52%	27.97%	-29.92%	118.86%	-23.19%	35.14%
Long-Term Debt	$41.32B	$20.92B	$14.43B	$42.14B	$47.47B	$57.94B	$30.75B	$28.42B	$21.95B	$23.88B	$16.52B	$16.45B
YoY Change	97.48%	44.97%	-65.75%	-11.24%	-18.07%	88.44%	8.18%	29.51%	-8.09%	44.55%	0.42%
Other Long-Term Liabilities	$3.014B	$1.823B	$3.951B	$3.608B	$4.395B	$5.317B	$5.073B	$4.873B	$4.158B	$5.402B	$2.431B	$1.094B
YoY Change	65.33%	-53.86%	9.51%	-17.91%	-17.34%	4.81%	4.1%	17.2%	-23.03%	122.21%	122.21%
Total Long-Term Liabilities	$44.34B	$22.75B	$18.38B	$45.75B	$51.87B	$63.26B	$35.82B	$33.30B	$26.10B	$29.28B	$18.95B	$17.55B
YoY Change	94.9%	23.73%	-59.81%	-11.8%	-18.01%	76.59%	7.59%	27.55%	-10.85%	54.51%	8.01%
Total Liabilities	$122.8B	$103.6B	$102.5B	$95.54B	$97.95B	$110.2B	$76.95B	$70.59B	$64.44B	$58.98B	$49.91B	$34.52B
YoY Change	18.53%	1.07%	7.28%	-2.46%	-11.09%	43.17%	9.01%	9.54%	9.24%	18.17%	44.6%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $119.08 Million

About Brookfield Property Partners LP

Brookfield Property Partners LP is a BM-based company operating in Chemicals industry. Brookfield Property Partners L.P. is a diversified global real estate company. The firm owns, operates, and develops portfolio of assets in the markets, such as office, retail, multifamily, industrial, hospitality, triple net lease, student housing and manufactured housing assets. The firm operates in four segments: Core Office, Core Retail, LP Investments and Corporate. Its Core Office segment portfolio consists of approximately 92 million square feet across 132 premier office assets. Its Core Retail segment portfolio consists of approximately 110 million square feet across 109 malls and urban retail properties across the United States. Its LP Investments portfolio includes its equity invested in Brookfield-sponsored real estate opportunity funds, which target high-quality assets with operational upside across various real estate sectors, including office, retail, multifamily, logistics, hospitality, mixed-use and other alternative real estate.

Industry: Real Estate Peers: American Realty Investors Inc WeWork Inc. DigitalBridge Group Inc FRP Holdings Inc Kennedy-Wilson Holdings Inc New England Realty Associates LP Seritage Growth Properties Transcontinental Realty Investors Inc