BRX (Brixmor Property Group) Debt-to-Equity : 1.85 (As of Sep. 2024)

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What is Brixmor Property Group Debt-to-Equity?

Brixmor Property Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Brixmor Property Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5,339 Mil. Brixmor Property Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $2,881 Mil. Brixmor Property Group's debt to equity for the quarter that ended in Sep. 2024 was 1.85.

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 Brixmor Property Group's Debt-to-Equity or its related term are showing as below:

BRX' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.71 Med: 1.92 Max: 2.11
Current: 1.85

During the past 13 years, the highest Debt-to-Equity Ratio of Brixmor Property Group was 2.11. The lowest was 1.71. And the median was 1.92.

BRX's Debt-to-Equity is ranked worse than
87.68% of 714 companies
in the REITs industry
Industry Median: 0.78 vs BRX: 1.85

Brixmor Property Group Debt-to-Equity Historical Data

The historical data trend for Brixmor Property Group'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.

Brixmor Property Group Debt-to-Equity Chart

Brixmor Property Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.77

1.93

1.90

1.76

1.73

Brixmor Property Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.72	1.73	1.86	1.88	1.85

Competitive Comparison of Brixmor Property Group's Debt-to-Equity

For the REIT - Retail subindustry, Brixmor Property Group'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.

Brixmor Property Group's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Brixmor Property Group's Debt-to-Equity falls into.

Brixmor Property Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brixmor Property Group'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
	=	(511.426	+	4422.099)	/	2850.301
	=	1.73

Brixmor Property Group's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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	+	5338.681)	/	2880.576
	=	1.85

Brixmor Property Group (NYSE:BRX) 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.

Brixmor Property Group Debt-to-Equity Related Terms

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Brixmor Property Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Brixmor Property Group Inc (NYSE:BRX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Lexington Avenue, 13th Floor, New York, NY, USA, 10017

Website

https://www.brixmor.com

Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT. The company operates in Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, Ohio and other states.

Executives

Steven F Siegel	officer: See Remarks	C/O BRIXMOR PROPERTY GROUP, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Sheryl Maxwell Crosland	director	C/O BRIXMOR PROPERTY GROUP, INC., 450 LEXINGTON AVENUE, NEW YORK NY 10017
Michael B Berman	director	C/O GENERAL GROWTH PROPERTIES, 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Brian T Finnegan	officer: See Remarks	C/O BRIXMOR PROPERTY GROUP INC., 420 LEXINGTON AVENUE, NEW YORK NY 10170
Angela M Aman	officer: EVP, Chief Financial Officer	RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
John Peter Suarez	director	450 LEXINGTON AVENUE, NEW YORK NY 10017
Thomas W Dickson	director	301 S TRYON STREET, SUITE 1800, CHARLOTTE NC 28282
Julie Bowerman	director	C/O BRIXMOR PROPERTY GROUP, 450 LEXINGTON AVENUE, NEW YORK NY 10017
William D. Rahm	director	C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
John Schreiber	director	682 BANK LANE, LAKE FOREST IL 60045
Taylor James M Jr	officer: President and CEO	1626 EAST JEFFERSON STREET, ROCKVILLE MD 20852
Carolyn Carter Singh	officer: See Remarks	C/O BRIXMOR PROPERTY GROUP INC., 450 LEXINGTON AVENUE, NEW YORK NY 10017
Mark Horgan	officer: EVP, Chief Investment Officer	C/O BRIXMOR PROPERTY GROUP INC., 450 LEXINGTON AVENUE, NEW YORK NY 10017
Steven T Gallagher	officer: Chief Accounting Officer	C/O BRIXMOR PROPERTY GROUP, INC., 450 LEXINGTON AVENUE, NEW YORK NY 10017
Sandra Aj Lawrence	director	C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105