BXP Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $276.8M | $14.3M | $190.2M | $848.9M | $505.2M | $872.7M | $521.5M | $582.8M |
| Depreciation & Amortization | $912.1M | $887.2M | $830.8M | $749.8M | $717.3M | $683.8M | $677.8M | $645.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $44.3M | $43.9M | $51.5M | $52.0M | $50.9M | $44.1M | $41.0M | $40.1M |
| Net Cash from Operating Activities | $1.25B | $1.23B | $1.30B | $1.28B | $1.13B | $1.16B | $1.18B | $1.15B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | $0 | $-6.1M | $13.2M | $0 | $0 | — | — | — |
| Net Cash from Investing Activities | $-644.5M | $-1.24B | $-1.19B | $-1.60B | $-1.04B | $-613.7M | $-1.02B | $-1.10B |
| Financing Activities | ||||||||
| Dividends Paid | $643.1M | $689.9M | $687.8M | $685.0M | $683.8M | $688.9M | $666.3M | $587.6M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-378.6M | $-274.5M | $767.9M | $556.1M | $-1.31B | $484.3M | $-113.4M | $82.5M |
| Net Change in Cash | $222.1M | $-277.4M | $875.8M | $235.7M | $-1.22B | $1.03B | $52.7M | $133.8M |
| Free Cash Flow | — | — | — | — | — | — | — | — |