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BXP Inc

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BXP Inc (NYSE: BXP) is a real estate investment trust that owns, operates, and develops office properties in major U.S. markets. Revenue comes primarily from long-term leases on office space, with tenants paying base rent plus recoveries for operating expenses and real estate taxes. BXP is structured as a REIT, with Boston Properties Limited Partnership as its operating partnership entity. The 10-K filed 2026-02-27 confirms BXP is a well-known seasoned issuer under SEC Rule 405, indicating a large-cap profile. The filing does not provide segment revenue percentages, property counts, tenant concentration data, or geographic revenue breakdowns in the excerpted sections available, so those specifics are omitted here. BXP competes in the Class A office REIT sector across gateway U.S. cities.

Products & Services

Office property ownership, operation, and development. Operating partnership structure through Boston Properties Limited Partnership.

Revenue Model

Long-term office leases generating base rent plus tenant reimbursements for operating expenses and real estate taxes. REIT structure requires distribution of taxable income to shareholders.

Customers & Markets

Office tenants in major U.S. gateway markets. Specific tenant names, concentration percentages, and end-market breakdown are not supported by the available filing excerpts.

Geographic Exposure

U.S. gateway markets. Specific city or regional revenue breakdown not supported by the available filing excerpts.

Financial Snapshot

Revenue
TTM
$3.489B
Gross Margin
TTM
59.61%
Net Income
TTM
$317.3M
Current Assets
2026 Q1
$2.376B
Current Liabilities
2026 Q1
$1.804B
Current Ratio
2026 Q1
131.7%
Total Assets
2026 Q1
$25.10B
Total Liabilities
2026 Q1
$19.95B
Book Value
2026 Q1
5.152B
Cash
2026 Q1
$512.8M
P/E
TTM
35.24
Free Cash Flow
TTM
-$135.3M

Stock Price

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Market Cap: $11.183 Billion

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