BDN (Brandywine Realty Trust) Pretax Margin %: -38.43% (As of Mar. 2026)


BDN Brandywine Realty Trust BDN
66 GF Score
Price $3.28
GF Value $4.25
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Brandywine Realty Trust Pretax Margin %?

Brandywine Realty Trust BDN +4.13% 66 Pretax Margin % is -38.43% as of Mar. 2026. GuruFocus rates BDN with a GF Score™ of 66/100 and a GF Value™ of $4.25 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 927 REITs companies, Brandywine Realty Trust ranks worse than 92.45% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Brandywine Realty Trust's Pre-Tax Income for the three months ended in Mar. 2026 was $-48.8 Mil. Brandywine Realty Trust's Revenue for the three months ended in Mar. 2026 was $127.0 Mil. Therefore, Brandywine Realty Trust's pretax margin for the quarter that ended in Mar. 2026 was -38.43%.

The historical rank and industry rank for Brandywine Realty Trust's Pretax Margin % or its related term are showing as below:

BDN' s Pretax Margin % Range Over the Past 10 Years
Min: -40.92   Med: 6.83   Max: 57.42
Current: -40.92


BDN's Pretax Margin % is ranked worse than
92.45% of 927 companies
in the REITs industry
Industry Median: 46.7 vs BDN: -40.92

Brandywine Realty Trust  (NYSE:BDN) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Brandywine Realty Trust Pretax Margin % Related Terms


Brandywine Realty Trust Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Brandywine Realty Trust's Pretax Margin % 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.

Brandywine Realty Trust Pretax Margin % Chart

Brandywine Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 10.68 -38.34 -38.87 -36.90

Brandywine Realty Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -22.27 -73.69 -21.41 -30.47 -38.43

BDN vs PSTL, HPP, NLOP: Pretax Margin % Comparison

For the REIT - Office subindustry, Brandywine Realty Trust's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


Brandywine Realty Trust Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Brandywine Realty Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Brandywine Realty Trust's Pretax Margin % falls into.


BDN
66GF Score
Brandywine Realty Trust BDN
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Brandywine Realty Trust Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Brandywine Realty Trust's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-178.755/484.454
=-36.90 %

Brandywine Realty Trust's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-48.802/127.004
=-38.43 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -38.43% mean?
Brandywine Realty Trust (BDN) has a Pretax Margin % of -38.43% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Brandywine Realty Trust and its competitors. According to the industry distribution chart, Brandywine Realty Trust ranks #857 out of 927 companies in the REITs industry, placing it in the top 92.4%.
Is Brandywine Realty Trust's Pretax Margin % too high?
Brandywine Realty Trust's current Pretax Margin % is -38.43%. Based on the distribution chart, Brandywine Realty Trust ranks #857 out of 927 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Brandywine Realty Trust has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brandywine Realty Trust's Pretax Margin % compare to PSTL and HPP?
According to the REITs industry distribution chart, Brandywine Realty Trust ranks #857 out of 927 companies for Pretax Margin %. This places Brandywine Realty Trust in the lower half of its industry. The industry median Pretax Margin % is 46.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.70, based on 927 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Brandywine Realty Trust and its competitors. For the REITs industry, the median Pretax Margin % is 46.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brandywine Realty Trust's current Pretax Margin % is -38.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brandywine Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Brandywine Realty Trust (BDN) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.25, compared to a current price of $3.28 — trading 22.8% below its estimated fair value. The current Pretax Margin % is -38.43%. Brandywine Realty Trust's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Brandywine Realty Trust (BDN), the current Pretax Margin % is -38.43% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Brandywine Realty Trust (BDN) Overvalued in 2026?

Based on GuruFocus' analysis, Brandywine Realty Trust stock appears to be undervalued. The current stock price of $3.28 is trading 22.8% below its estimated GF Value™ of $4.25. GuruFocus considers Brandywine Realty Trust to be Modestly Undervalued.

Key valuation signals for BDN:

  • Pretax Margin %: -38.43%
  • GF Value™: $4.25 vs. price of $3.28 (22.8% below fair value)
  • GF Score™: 66/100 with 8 warning signs

No single metric tells the full story. See the BDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brandywine Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges B2X:Germany
Address 2929 Arch Street, Suite 1800, Philadelphia, PA, USA, 19104
Brandywine Realty Trust engaged in the acquisition, development, redevelopment, ownership, management, and operation of a portfolio of office, life science/lab, residential, and mixed-use properties. The company owned and managed properties within five segments. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Austin, Texas segment includes properties in the City of Austin, Texas. The Metropolitan Washington, D.C. segment includes properties in Northern Virginia, Washington, D.C. and Southern Maryland. The Other segment includes properties in Camden County, New Jersey and New Castle County, Delaware.
66GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.28
Price
$4.25
GF Value