← BackBXP, Inc. · REIT (real estate trust)BXP
Low riskNext report: Around Jan 27, 2027 (est.)
The short versionA profitable company with steady sales. Institutions are adding.
Going well
- Profitable every year for 10 years
- Brings in more cash than it spends
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 11% to their holdings in the quarter ending June 2026 (291 bought, 225 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$62.26+0.3% that day
- Company value
- $9.9B
- Share price times all shares
- Price vs profit (P/E)
- 33.5x
- You pay about $33 for each $1 of yearly profit
- Price vs sales
- 2.8x
- Company value is 2.8 times a year of sales
- Cash vs value
- 5%
- Cash as a share of company value
- Debt vs value
- 99%
- Debt as a share of company value
From BXP's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$895.7M+3.1% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $3.5B, up 1.9% from the 12 months before. Over 5 years, sales grew about 4.7% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.5.2%
- MissDebt under half of equityNot relying on borrowed money.1.91x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.7.9%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$1.2B
- MissShare count not growingNot diluting owners. Falling means buybacks.+1.1% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.59.1%
- Revenue
- $3.5B
- +2.2% vs prior year
- 5-year growth
- +4.7%/yr
- revenue, per year
- Total debt
- $9.8B
- 1.91x equity
- Free cash flow
- $1.2B
- 35.8% of revenue
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Sep 30, 2026Reported Oct 27After close4:10 pm ET - Revenue
- $871.5M
- +0.4% YoY
From the press release, checked against last year's SEC filing. Cash flow and share count update with the 10-Q.
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 1
- Normal week
- 0.9
- vs normal
- 1.1x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+10.5%Institutions added 10.5% to their holdings. 291 bought, 225 sold.
Shares held by institutions187.1M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+0.6%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
1.7x · $8.8B debtShares outstandingLatest reported
160MNext reportAround Jan 27, 2027 (est.)Estimated from the same quarter last year
- Results filedOct 27
- Results filedJul 28
- Results filedApr 28
- Results filedJan 28
- Results filedOct 28, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.