BXP, Inc.

BXP

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

3,408

Cost of Revenue

1,324

Gross Profit

1,182

Gross Margin

34.7%

Operating Income

1,022

Operating Margin

30.0%

Net Income

Net Margin

0.4%

EPS (Basic)

$0.09

EPS (Diluted)

$0.09

EBITDA

1,908

EBITDA Margin

56.0%

2023

12/31/2023

Revenue

3,274

Cost of Revenue

1,220

Gross Profit

2,053

Gross Margin

62.7%

Operating Income

1,039

Operating Margin

31.7%

Net Income

190

Net Margin

5.8%

EPS (Basic)

$1.21

EPS (Diluted)

$1.21

EBITDA

1,704

EBITDA Margin

52.0%

2022

12/31/2022

Revenue

3,109

Cost of Revenue

1,136

Gross Profit

1,973

Gross Margin

63.5%

Operating Income

1,061

Operating Margin

34.1%

Net Income

849

Net Margin

27.3%

EPS (Basic)

$5.42

EPS (Diluted)

$5.40

EBITDA

1,806

EBITDA Margin

58.1%

2021

12/31/2021

Revenue

2,889

Cost of Revenue

1,046

Gross Profit

1,842

Gross Margin

63.8%

Operating Income

976

Operating Margin

33.8%

Net Income

505

Net Margin

17.5%

EPS (Basic)

$3.18

EPS (Diluted)

$3.17

EBITDA

1,776

EBITDA Margin

61.5%

2020

12/31/2020

Revenue

2,766

Cost of Revenue

1,030

Gross Profit

1,735

Gross Margin

62.7%

Operating Income

907

Operating Margin

32.8%

Net Income

873

Net Margin

31.6%

EPS (Basic)

$5.54

EPS (Diluted)

$5.54

EBITDA

2,136

EBITDA Margin

77.2%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	3,408	3,274	3,109	2,889	2,766
Cost of Revenue	1,324	1,220	1,136	1,046	1,030
Gross Profit	1,182	2,053	1,973	1,842	1,735
Gross Margin	34.7%	62.7%	63.5%	63.8%	62.7%
Operating Income	1,022	1,039	1,061	976	907
Operating Margin	30.0%	31.7%	34.1%	33.8%	32.8%
Net Income	14	190	849	505	873
Net Margin	0.4%	5.8%	27.3%	17.5%	31.6%
EPS (Basic)	$0.09	$1.21	$5.42	$3.18	$5.54
EPS (Diluted)	$0.09	$1.21	$5.40	$3.17	$5.54
EBITDA	1,908	1,704	1,806	1,776	2,136
EBITDA Margin	56.0%	52.0%	58.1%	61.5%	77.2%