BXP Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.72B | $2.61B | $2.55B | $2.52B | $2.42B | $2.10B | $1.90B | $1.73B |
| Rental or Lease Revenue | $2.53B | $2.42B | $2.42B | $2.37B | $2.28B | $1.99B | $1.80B | $1.63B |
| Hotel Revenue | $48.9M | $48.1M | $48.0M | $48.2M | $47.8M | $44.9M | $42.9M | $40.8M |
| Development Management and Other Fees | $28.8M | $29.8M | $34.8M | $43.2M | $38.1M | $39.2M | $33.3M | $31.9M |
| Termination Fees | $118.3M | $104.7M | $52.8M | $60.3M | $58.1M | $26.8M | $26.7M | $24.8M |
| Parking and Other Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | $1.65B | $1.61B | — | — | — | — | — | — |
| Gross Margin | 60.6% | 61.6% | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $121.7M | $113.7M | $105.2M | $96.3M | $98.9M | $115.3M | $90.1M | $87.1M |
| Operating Income | $930.0M | $908.1M | $825.8M | $849.4M | $801.8M | $678.1M | $640.3M | $605.2M |
| Operating Margin | 34.2% | 34.8% | 32.4% | 33.7% | 33.1% | 32.3% | 33.7% | 34.9% |
| Interest Expense | $378.2M | $374.5M | $412.8M | $432.2M | $455.7M | $446.9M | $411.0M | $391.5M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $582.8M | $462.4M | $512.8M | $583.1M | $443.6M | $749.8M | $289.7M | $272.7M |
| Net Margin | 21.4% | 17.7% | 20.1% | 23.1% | 18.3% | 35.7% | 15.2% | 15.7% |
| EPS (Basic) | $3.71 | $2.93 | $3.27 | $3.73 | $2.83 | $4.87 | $1.93 | $1.87 |
| EPS (Diluted) | $3.70 | $2.93 | $3.26 | $3.72 | $2.83 | $4.86 | $1.92 | $1.86 |
| Shares Outstanding (Basic) | 154.4M | 154.2M | 153.7M | 153.5M | 153.1M | 152.2M | 150.1M | 145.7M |
| Shares Outstanding (Diluted) | 154.7M | 154.4M | 154.0M | 153.8M | 153.3M | 152.5M | 150.7M | 146.2M |
| Dividends Per Share | — | $3.05 | $2.70 | $3.85 | $7.10 | — | — | — |