BXP Boston Properties LTD Partnership
BXP, a Delaware corporation organized in 1997, is a fully integrated, self-administered and self-managed real estate investment trust, or “REIT,” and the largest publicly-traded office REIT (based on total market capitalization) as of December 31, 2019 in the United States that develops, owns and manages primarily Class A office properties. Our properties are concentrated in five markets—Boston, Los Angeles, New York, San Francisco and Washington, DC. At December 31, 2019, we owned or had interests in 196 commercial real estate properties, aggregating approximately 52.0 million net rentable square feet of primarily Class A office properties including 11 properties under construction/redevelopment totaling approximately 5.5 million net rentable square feet. As of December 31, 2019 our properties consisted of:
Company profile
Ticker
BXP
Website
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
Investment data
Securities sold
Number of investors
Calendar
11 May 20
29 May 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | 757.5M | 743.55M | 733.74M | 725.77M | |
| Net income | 140.82M | 107.77M | 164.32M | 98.11M | |
| Diluted EPS | 0.91 | 0.7 | 1.06 | 0.63 | |
| Net profit margin | 18.59% | 14.49% | 22.39% | 13.52% | |
| Net change in cash | -106.26M | -335.79M | 726.91M | -183.27M | |
| Cash on hand | 644.95M | 751.21M | 1.09B | 360.09M | |
| Cost of revenue | 7.86M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 2.96B | 2.72B | 2.6B | 2.55B | |
| Net income | 521.53M | 582.85M | 462.44M | 512.79M | |
| Diluted EPS | 3.3 | 3.7 | 2.93 | 3.26 | |
| Net profit margin | 17.62% | 21.45% | 17.77% | 20.10% | |
| Operating income | 908.11M | 825.78M | |||
| Net change in cash | 101.59M | 108.59M | 77.85M | -366.8M | |
| Cash on hand | 644.95M | 543.36M | 434.77M | 356.91M |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 25 Feb 20 | Frank D Burt | Common OP Units | Conversion | Dispose C | 0 | 3,000 | 0 | 0 |
| 25 Feb 20 | Frank D Burt | Common OP Units | Conversion | Aquire C | 0 | 3,000 | 0 | 3,000 |
| 25 Feb 20 | Frank D Burt | LTIP Units Common OP Units | Conversion | Dispose C | 0.25 | 3,000 | 750 | 9,169 |
| 18 Feb 20 | John Francis Powers | LTIP Units Common OP Units | Grant | Aquire A | 0.25 | 4,038 | 1.01K | 25,476 |
| 18 Feb 20 | Michael R. Walsh | LTIP Units Common OP Units | Grant | Aquire A | 0.25 | 532 | 133 | 6,784 |
| 18 Feb 20 | Owen D Thomas | LTIP Units Common OP Units | Grant | Aquire A | 0.25 | 36,564 | 9.14K | 277,220 |
| 18 Feb 20 | Raymond A Ritchey | LTIP Units Common OP Units | Grant | Aquire A | 0.25 | 19,498 | 4.87K | 208,155 |
Financial report summary
?Competition
Marriott International
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. junior Avg
|
|
New words:
age, aggressive, air, assert, bad, benchmark, billed, billing, bond, breadth, bring, bringing, broad, CA, care, category, certainty, choose, clarity, cleaning, clearer, climate, closure, collaboration, communicating, composed, confidence, confident, congregating, consultation, consumer, consummated, court, deep, deploy, desire, disruption, distancing, distressed, domestically, Dominion, downturn, drop, earnest, effort, embedded, enact, enforce, equipment, escalate, escrow, evolving, exacerbate, exceeded, extraordinary, filtration, flexible, fluid, fluidity, force, Framework, freedom, freeze, frequent, frequenting, FTSE, governmental, grace, gradually, great, hamper, handle, health, heavily, heightened, Herndon, hygiene, impersonation, implement, implemented, implementing, impose, impossible, ineffective, insolvency, instability, internationally, interruption, janitorial, justifiable, lab, leaving, lift, lifted, MA, malware, migrated, mitigation, mix, monetary, movement, nonrecurring, notice, OIS, openly, pace, pandemic, paused, people, personal, phishing, populated, proceed, prohibiting, prolonged, properly, protect, protecting, protective, provision, quantify, quickly, reached, recession, regulatory, relax, relief, repay, request, Restated, restructure, resuming, revisit, revoke, rose, running, Russell, screening, shift, signage, situation, slight, small, social, SOFR, sooner, South, stopped, strategic, suffered, suggest, susceptibility, suspension, Task, temporarily, toMarch, transient, travel, unable, unclear, unreimbursed, unwilling, validity, violate, vulnerability, water, weather, weighted, world
Removed:
accommodate, adding, Additionally, adjustment, agent, amortize, analyzed, appraised, assessed, assumed, Bethesda, book, CAM, challenge, classification, classified, classifying, commencing, comparative, component, consistently, Conversely, conveyed, covering, created, criteria, customer, delineating, depreciate, derivative, difficult, disclosed, discounted, discounting, dispose, distinct, dominated, drawn, dual, Easement, educational, exercisable, expanded, expedient, expensing, expose, external, financed, fit, focusing, Google, hindsight, hub, HVAC, IBR, identity, implicit, incremental, indefinite, input, insist, institution, interpolated, judgment, labeled, lessee, lessor, MacArthur, Madison, Manhattan, marketing, midtown, muted, nonlease, Observable, opening, optimistic, original, origination, overtime, package, pattern, pertaining, physically, picture, predominant, predominately, premium, presently, prevailing, pricing, principle, proactively, profile, profit, quantitative, reclassification, recognize, recovery, reinstate, repaid, reportable, residual, reversal, review, science, securing, significance, Spring, Station, threshold, trade, traditional, unavailability, unchanged, underneath, Unlevered, unreasonable, updated, urbanization, voluntary
Financial reports
10-Q
2020 Q1
Quarterly report
11 May 20
10-K
2019 FY
Annual report
2 Mar 20
10-Q
2019 Q3
Quarterly report
8 Nov 19
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
8 May 19
10-K
2018 FY
Annual report
28 Feb 19
10-Q
2018 Q3
Quarterly report
7 Nov 18
10-Q
2018 Q2
Quarterly report
7 Aug 18
10-Q
2018 Q1
Quarterly report
8 May 18
10-K
2017 FY
Annual report
28 Feb 18
Current reports
8-K
Other Events
22 May 20
8-K
Submission of Matters to a Vote of Security Holders
20 May 20
8-K
Other Events
5 May 20
8-K
Other Events
1 May 20
8-K
Results of Operations and Financial Condition
28 Apr 20
8-K
Amendments to Articles of Incorporation or Bylaws
24 Mar 20
8-K
Results of Operations and Financial Condition
29 Jan 20
8-K
Results of Operations and Financial Condition
30 Oct 19
8-K
Other Events
3 Sep 19
8-K
Results of Operations and Financial Condition
30 Jul 19
Registration and prospectus
S-3ASR
Automatic shelf registration
22 May 20
424B5
Prospectus supplement for primary offering
4 May 20
424B5
Prospectus supplement for primary offering
1 May 20
FWP
Free writing prospectus
1 May 20
424B5
Prospectus supplement for primary offering
20 Aug 19
FWP
Free writing prospectus
19 Aug 19
FWP
Free writing prospectus
19 Aug 19
424B5
Prospectus supplement for primary offering
19 Aug 19
424B5
Prospectus supplement for primary offering
13 Jun 19
FWP
Free writing prospectus
12 Jun 19
Proxies
No filings
Other
UPLOAD
Letter from SEC
16 Aug 18
CORRESP
Correspondence with SEC
14 Aug 18
UPLOAD
Letter from SEC
8 Aug 18
UPLOAD
Letter from SEC
2 Jun 17
CORRESP
Correspondence with SEC
11 May 17
UPLOAD
Letter from SEC
8 May 17
UPLOAD
Letter from SEC
18 May 15
CORRESP
Correspondence with SEC
8 May 15
UPLOAD
Letter from SEC
1 May 15
UPLOAD
Letter from SEC
22 Apr 13
Ownership
4
BOSTON PROPERTIES LTD PARTNERSHIP / FRANK D BURT ownership change
26 Feb 20
4
BOSTON PROPERTIES LTD PARTNERSHIP / JOHN FRANCIS POWERS ownership change
20 Feb 20
4
BOSTON PROPERTIES LTD PARTNERSHIP / Michael R. Walsh ownership change
20 Feb 20
4
BOSTON PROPERTIES LTD PARTNERSHIP / OWEN D THOMAS ownership change
20 Feb 20
4
BOSTON PROPERTIES LTD PARTNERSHIP / RAYMOND A RITCHEY ownership change
20 Feb 20
4
BOSTON PROPERTIES LTD PARTNERSHIP / ROBERT E PESTER ownership change
20 Feb 20
4
BOSTON PROPERTIES LTD PARTNERSHIP / DOUGLAS T LINDE ownership change
20 Feb 20
4
BOSTON PROPERTIES LTD PARTNERSHIP / MICHAEL E LABELLE ownership change
20 Feb 20
4
BOSTON PROPERTIES LTD PARTNERSHIP / BRYAN J KOOP ownership change
20 Feb 20
4
BOSTON PROPERTIES LTD PARTNERSHIP / PETER D JOHNSTON ownership change
20 Feb 20