Boston Properties Past Earnings Performance
Past criteria checks 0/6
Boston Properties's earnings have been declining at an average annual rate of -4.4%, while the Office REITs industry saw earnings growing at 2.7% annually. Revenues have been growing at an average rate of 2.2% per year. Boston Properties's return on equity is 3.6%, and it has net margins of 5.9%.
Key information
-4.4%
Earnings growth rate
-4.8%
EPS growth rate
| Office REITs Industry Growth | 4.8% |
| Revenue growth rate | 2.2% |
| Return on equity | 3.6% |
| Net Margin | 5.9% |
| Next Earnings Update | 30 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Boston Properties makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 3,236 | 190 | 170 | 0 |
| 30 Sep 23 | 2,964 | 192 | 167 | 0 |
| 30 Jun 23 | 3,169 | 664 | 168 | 0 |
| 31 Mar 23 | 3,128 | 783 | 159 | 0 |
| 31 Dec 22 | 3,091 | 848 | 146 | 0 |
| 30 Sep 22 | 3,038 | 911 | 144 | 0 |
| 30 Jun 22 | 2,976 | 659 | 146 | 0 |
| 31 Mar 22 | 2,913 | 548 | 150 | 0 |
| 31 Dec 21 | 2,866 | 496 | 152 | 0 |
| 30 Sep 21 | 2,789 | 320 | 149 | 0 |
| 30 Jun 21 | 2,752 | 301 | 142 | 0 |
| 31 Mar 21 | 2,694 | 457 | 142 | 0 |
| 31 Dec 20 | 2,738 | 861 | 133 | 0 |
| 30 Sep 20 | 2,842 | 994 | 135 | 0 |
| 30 Jun 20 | 2,898 | 1,012 | 138 | 0 |
| 31 Mar 20 | 3,001 | 909 | 135 | 0 |
| 31 Dec 19 | 2,975 | 511 | 141 | 0 |
| 30 Sep 19 | 2,921 | 519 | 136 | 0 |
| 30 Jun 19 | 2,860 | 530 | 134 | 0 |
| 31 Mar 19 | 2,771 | 494 | 128 | 0 |
| 31 Dec 18 | 2,716 | 572 | 122 | 0 |
| 30 Sep 18 | 2,668 | 528 | 123 | 0 |
| 30 Jun 18 | 2,647 | 526 | 120 | 0 |
| 31 Mar 18 | 2,644 | 531 | 118 | 0 |
| 31 Dec 17 | 2,621 | 452 | 114 | 0 |
| 30 Sep 17 | 2,598 | 495 | 110 | 0 |
| 30 Jun 17 | 2,565 | 455 | 109 | 0 |
| 31 Mar 17 | 2,530 | 418 | 107 | 0 |
| 31 Dec 16 | 2,561 | 502 | 105 | 0 |
| 30 Sep 16 | 2,548 | 493 | 104 | 0 |
| 30 Jun 16 | 2,552 | 600 | 100 | 0 |
| 31 Mar 16 | 2,547 | 583 | 97 | 0 |
| 31 Dec 15 | 2,513 | 573 | 96 | 0 |
| 30 Sep 15 | 2,503 | 609 | 95 | 0 |
| 30 Jun 15 | 2,493 | 553 | 97 | 0 |
| 31 Mar 15 | 2,465 | 550 | 94 | 0 |
| 31 Dec 14 | 2,409 | 433 | 95 | 0 |
| 30 Sep 14 | 2,372 | 327 | 90 | 0 |
| 30 Jun 14 | 2,323 | 272 | 81 | 0 |
| 31 Mar 14 | 2,248 | 642 | 86 | 0 |
| 31 Dec 13 | 2,157 | 618 | 89 | 0 |
| 30 Sep 13 | 2,057 | 611 | 88 | 0 |
| 30 Jun 13 | 1,958 | 594 | 96 | 0 |
Quality Earnings: BO9 has a large one-off loss of $220.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: BO9's current net profit margins (5.9%) are lower than last year (27.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BO9's earnings have declined by 4.4% per year over the past 5 years.
Accelerating Growth: BO9's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BO9 had negative earnings growth (-77.6%) over the past year, making it difficult to compare to the Office REITs industry average (-23.1%).
Return on Equity
High ROE: BO9's Return on Equity (3.6%) is considered low.