Boston Properties (Boston Properties) Debt-to-Equity

: 2.83 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

Boston Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Boston Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16,625 Mil. Boston Properties's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,877 Mil. Boston Properties's debt to equity for the quarter that ended in Dec. 2023 was 2.83.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Boston Properties's Debt-to-Equity or its related term are showing as below:

BXP' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.61 Med: 2.01 Max: 2.83
Current: 2.83

During the past 13 years, the highest Debt-to-Equity Ratio of Boston Properties was 2.83. The lowest was 1.61. And the median was 2.01.

BXP's Debt-to-Equity is ranked worse than
93.03% of 674 companies
in the REITs industry
Industry Median: 0.78 vs BXP: 2.83

Boston Properties Debt-to-Equity Historical Data

The historical data trend for Boston Properties's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Boston Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.15

2.25

2.29

2.40

2.83

Boston Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																2.40	2.50	2.64	2.69	2.83

Competitive Comparison

For the REIT - Office subindustry, Boston Properties's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Boston Properties Debt-to-Equity Distribution

For the REITs industry and Real Estate sector, Boston Properties's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Boston Properties's Debt-to-Equity falls into.

Boston Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Boston Properties's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	16624.649)	/	5876.697
	=	2.83

Boston Properties's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	16624.649)	/	5876.697
	=	2.83

Boston Properties (NYSE:BXP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Boston Properties Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Boston Properties's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Boston Properties (Boston Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Boston Properties Inc (NYSE:BXP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BXP:Mexico BO9:Germany BO9:Germany BOXP34:Brazil

Address

800 Boylston Street, Suite 1900, Prudential Center, Boston, MA, USA, 02199-8103

Website

https://www.bxp.com

Boston Properties owns over 190 properties consisting of approximately 54 million rentable square feet of space. The portfolio is dominated by office buildings and is spread across major cities such as New York, Boston, San Francisco, Los Angeles, Seattle, and the Washington, D.C., region. The real estate investment trust also owns limited retail, hotel, and residential properties.

Executives

Eric G Kevorkian	officer: SVP, CLO and Secretary	800 BOYLSTON STREET, SUITE 1900, BOSTON MA 02199
Rodney Diehl	officer: Senior Vice President	FOUR EMBARCADERO CENTER, SAN FRANCISCO CA 94549
Raymond A Ritchey	officer: Executive Vice President	BOSTON PROPERTIES, INC., 901 NEW YORK AVENUE, NW, WASHINGTON DC 20001
Peter V Otteni	officer: Senior Vice President	2200 PENNSYLVANIA AVENUE NW, SUITE 200W, WASHINGTON DC 20037
Carol B. Einiger	director	POST ROCK ADVISORS, LLC, ONE ROCKEFELLER PLAZA, 28TH FLOOR, NEW YORK NY 10020
Tony West	director	1455 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94103
Matthew J Lustig	director	LAZARD FRERES & CO LLC, 30 ROCKEFELLER PLZA 50TH FL, NEW YORK NY 10020
Donna D Garesche	officer: EVP, Chief HR Officer	C/O BOSTON PROPERTIES, INC., 800 BOYLSTON STREET, BOSTON MA 02199
Hilary J. Spann	officer: Executive Vice President	599 LEXINGTON AVENUE, 16TH FLOOR, NEW YORK NY 10022
Mary E Kipp	director	100 N STANTON, EL PASO TX 79901
Douglas T Linde	officer: SVP & CFO	BOSTON PROPERTIES, INC., 800 BOYLSTON STREET, BOSTON MA 02199
Frank D Burt	officer: Senior Vice President	BOSTON PROPERTIES, INC., 800 BOYLSTON STREET, BOSTON MA 02199
John J Stroman	officer: Senior Vice President	2200 PENNSYLVANIA AVENUE NW, SUITE 200W, WASHINGTON DC 20037
Bryan J Koop	officer: Senior Vice President	BOSTON PROPERTIES, INC., 800 BOYLSTON STREET, BOSTON MA 02199
Bruce W Duncan	director	ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606