BXP BXP, Inc.

FY2024 10-K
Filed: Feb 27, 2025
Financials
Real Estate Investment TrustsSEC EDGAR

BXP, Inc. (BXP) filed its fiscal year 2024 10-K annual report with the SEC on Feb 27, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2024 10-K

Business Overview

  • Core business model: Real estate investment and asset management focusing on office properties with long-term hold strategy
  • New emphasis: Acquisition of 725 12th Street ($34M) and purchase of 50% stake in 901 New York Avenue joint venture ($20M total equity) in Washington, DC
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Management Discussion & Analysis

  • Total debt $16.22B with fixed rate 3.80% and variable rate 4.15% (including swaps) as of Dec 31, 2024
  • Variable rate debt $2.1B, $900M hedged via interest rate swaps to mitigate interest expense volatility
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Risk Factors

  • Regulatory/legal risk: Potential impact of new tariffs and tax cuts under the 2025 presidential administration could raise inflation and long-term treasury yields
  • Geopolitical/macro threat: Exposure to six U.S. gateway markets reliant on local economies, e.g., 61% rental obligations from NY and Boston markets
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Financial Summary
XBRL

Revenue

$3.4B

Net Income

$14M

Gross Margin

59.9%

Net Margin

0.4%

ROE

0.3%

Total Assets

$26.1B

EPS (Diluted)

$0.09

Operating Cash Flow

$1.2B

Source: XBRL data from BXP, Inc. FY2024 10-K filing on SEC EDGAR. All figures in USD.

Other BXP, Inc. Annual Reports

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