BDN (Brandywine Realty Trust) Selling, General, & Admin. Expense: $36.8 Mil (TTM As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BDN Brandywine Realty Trust BDN
67 GF Score
Price $3.17
GF Value $4.25
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Brandywine Realty Trust Selling, General, & Admin. Expense?

Brandywine Realty Trust BDN +3.26% 67 Selling, General, & Admin. Expense is $36.8 Mil as of Mar. 2026. GuruFocus rates BDN with a GF Score™ of 67/100 and a GF Value™ of $4.25 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Brandywine Realty Trust's selling, general, & admin. expense for the three months ended in Mar. 2026 was $12.3 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $36.8 Mil.


Brandywine Realty Trust  (NYSE:BDN) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Brandywine Realty Trust Selling, General, & Admin. Expense Related Terms


Brandywine Realty Trust Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Brandywine Realty Trust's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Brandywine Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.15 35.01 34.86 42.78 42.03

Brandywine Realty Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Selling, General, & Admin. Expense 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 9.33 7.84 7.40 12.34 9.26

BDN vs PSTL, HPP, NLOP: Selling, General, & Admin. Expense Comparison

For the REIT - Office subindustry, Brandywine Realty Trust's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, Brandywine Realty Trust's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Brandywine Realty Trust's Selling, General, & Admin. Expense falls into.


BDN
67GF Score
Brandywine Realty Trust BDN
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Brandywine Realty Trust Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $36.8 Mil.

* 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.

What does a Selling, General, & Admin. Expense of $36.8 Mil mean?
Brandywine Realty Trust (BDN) has a Selling, General, & Admin. Expense of $36.8 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Brandywine Realty Trust and its competitors.
Is Brandywine Realty Trust's Selling, General, & Admin. Expense too high?
Brandywine Realty Trust's current Selling, General, & Admin. Expense is $36.8 Mil. Overall, Brandywine Realty Trust has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brandywine Realty Trust's Selling, General, & Admin. Expense compare to PSTL and HPP?
Brandywine Realty Trust's Selling, General, & Admin. Expense of $36.8 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a REITs company?
A good Selling, General, & Admin. Expense depends on the REITs industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Brandywine Realty Trust and its competitors. Brandywine Realty Trust's current Selling, General, & Admin. Expense is $36.8 Mil. 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 $3.17 — trading 25.4% below its estimated fair value. The current Selling, General, & Admin. Expense is $36.8 Mil. Brandywine Realty Trust's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Brandywine Realty Trust (BDN), the current Selling, General, & Admin. Expense is $36.8 Mil 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 $3.17 is trading 25.4% below its estimated GF Value™ of $4.25. GuruFocus considers Brandywine Realty Trust to be Modestly Undervalued.

Key valuation signals for BDN:

  • Selling, General, & Admin. Expense: $36.8 Mil
  • GF Value™: $4.25 vs. price of $3.17 (25.4% below fair value)
  • GF Score™: 67/100 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.
67GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.17
Price
$4.25
GF Value