Brixmor Property Group Inc (BRX) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.24	$0.21	-12.5%	—	$354.2M	—
Q1 26	$0.25	$0.25	0.0%	—	$354.8M	—
Q4 25	$0.23	$0.25	+8.7%	—	$353.8M	—
Q3 25	$0.22	$0.18	-18.2%	—	$340.8M	—
Q2 25	$0.21	$0.23	+9.5%	—	$339.5M	—
Q1 25	$0.22	$0.22	0.0%	—	$337.5M	—
Q4 24	$0.22	$0.19	-13.6%	—	$328.4M	—
Q3 24	$0.22	$0.22	0.0%	—	$320.7M	—
Q2 24	$0.22	$0.24	+9.1%	—	$315.7M	—
Q1 24	$0.21	$0.24	+14.3%	—	$320.2M	—
Q4 23	$0.2	$0.22	+10.0%	—	$316.5M	—
Q3 23	$0.2	$0.21	+5.0%	—	$307.3M	—
Q2 23	$0.21	$0.19	-9.5%	—	$309.8M	—
Q1 23	$0.2	$0.37	+85.0%	—	$311.4M	—
Q4 22	$0.2	$0.35	+75.0%	—	$308.6M	—
Q3 22	$0.2	$0.26	+30.0%	—	$304.7M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.26	—	—	$1.4B	—
FY24	—	$1.12	—	—	$1.3B	—
FY23	—	$1.01	—	—	$1.2B	—
FY22	—	$1.18	—	—	$1.2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.3B	$1.3B	$1.2B	$1.2B	$1.1B	$1.2B	$1.2B	$1.2B	$1.3B	$1.4B
YoY change	+0.77%	+0.58%	-3.81%	-5.35%	-9.84%	+9.4%	+5.71%	+2.21%	+3.21%	+6.73%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.3B	1.3B	1.2B	1.2B	1.1B	1.2B	1.2B	1.2B	1.3B	1.4B
Cost of revenue	307.9M	315.2M	313.6M	295.9M	280.6M	297.8M	311.8M	320M	317.1M	340.5M
Gross profit	967.9M	968M	920.7M	872.4M	772.6M	854.5M	906.3M	925M	967.9M	1B
Gross margin	75.9%	75.4%	74.6%	74.7%	73.4%	74.2%	74.4%	74.3%	75.3%	75.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	92.2M	92.2M	93.6M	102.3M	98.3M	105.5M	117.2M	117.1M	116.4M	112.7M
Operating expenses	92.2M	92.2M	93.6M	102.3M	98.3M	105.5M	117.2M	117.1M	116.4M	112.7M
Operating income	479.1M	495.4M	464.8M	437.7M	338.8M	421.9M	444.3M	445.6M	470.2M	503.5M
Operating margin	37.6%	38.6%	37.7%	37.5%	32.2%	36.6%	36.5%	35.8%	36.6%	36.7%
Non-operating income, net	25.7M	31.6M	116.5M	26.9M	-17.6M	43.1M	102.3M	50.2M	85.1M	107.5M
Pretax income	278.1M	300.4M	366.3M	274.8M	121.2M	270.2M	354.2M	305.1M	339.3M	386.3M
Income tax	—	—	—	—	—	—	—	—	—	—
Net income	278.1M	300.4M	366.3M	274.8M	121.2M	270.2M	354.2M	305.1M	339.3M	386.3M
Net margin	21.8%	23.4%	29.7%	23.5%	11.5%	23.4%	29.1%	24.5%	26.4%	28.2%
EBITDA	861.9M	867.9M	814.3M	767.5M	669.4M	749M	785.4M	805.5M	848.4M	915.6M
EPS	0.91	0.98	1.21	0.92	0.41	0.91	1.18	1.01	1.12	1.26
Diluted EPS	0.91	0.98	1.21	0.92	0.41	0.9	1.17	1.01	1.11	1.25

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	307.3M	316.5M	320.2M	315.7M	320.7M	328.4M	337.5M	339.5M	340.8M	353.8M	354.8M	354.2M
Cost of revenue	77.2M	82.8M	78.6M	73.3M	79.3M	85.9M	84.1M	83.4M	84.3M	88.6M	87.3M	88.5M
Gross profit	230.1M	233.7M	241.7M	242.4M	241.3M	242.5M	253.4M	256.1M	256.5M	265.1M	267.5M	265.7M
Gross margin	74.9%	73.8%	75.5%	76.8%	75.3%	73.8%	75.1%	75.4%	75.3%	74.9%	75.4%	75%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	29.2M	30.3M	28.5M	29.7M	30.3M	27.9M	28.2M	29.1M	26.8M	28.6M	28.2M	27.9M
Operating expenses	29.2M	30.3M	28.5M	29.7M	30.3M	27.9M	28.2M	29.1M	26.8M	28.6M	28.2M	27.9M
Operating income	104.7M	114M	122M	120.7M	116.3M	111.2M	119.6M	123.7M	126.5M	133.7M	134.1M	127.6M
Operating margin	34.1%	36%	38.1%	38.2%	36.3%	33.9%	35.4%	36.4%	37.1%	37.8%	37.8%	36%
Non-operating income, net	6.4M	5.9M	18.4M	3.1M	36M	27.6M	4.2M	15.9M	24.4M	63M	53M	7M
Pretax income	63.7M	72.7M	88.9M	70.1M	96.8M	83.4M	69.7M	85.1M	94.2M	137.1M	127.8M	73.7M
Income tax	—	—	—	—	—	—	—	—	—	—	—	—
Net income	63.7M	72.7M	88.9M	70.1M	96.8M	83.4M	69.7M	85.1M	94.2M	137.1M	127.8M	73.7M
Net margin	20.7%	23%	27.8%	22.2%	30.2%	25.4%	20.7%	25.1%	27.6%	38.8%	36%	20.8%
EBITDA	200.4M	202.6M	212.6M	214.8M	210.4M	213.1M	224.6M	229.5M	229M	235.7M	237M	241.7M
EPS	0.21	0.24	0.29	0.23	0.32	—	0.23	0.28	0.31	0.45	0.42	0.24
Diluted EPS	0.21	0.24	0.29	0.23	0.32	—	0.23	0.28	0.31	0.44	0.41	0.24

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	7.4B	5.7B	4.4B	6.4B	4.9B	7.6B	6.8B	7B	8.4B	8.1B	8.6B
Enterprise value	13.1B	11.3B	9.3B	11.3B	9.7B	12.4B	11.8B	11.9B	13.4B	13.2B	13.9B
Shares outstanding	301.6M	304.8M	302.1M	298.2M	297M	297.4M	299.9M	301M	303.1M	307.2M	307.2M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	26.5	18.9	12.1	23.5	40.6	28	19.2	23	24.9	20.9	19.8
P/S	5.77	4.43	3.6	5.52	4.67	6.56	5.58	5.63	6.57	5.87	6.07
P/B	2.52	1.96	1.56	2.35	1.83	2.78	2.37	2.46	2.83	2.68	2.82
EV/EBITDA	15.2	13	11.4	14.7	14.5	16.6	15	14.8	15.8	14.4	15
EV/Sales	10.3	8.79	7.49	9.65	9.2	10.8	9.68	9.57	10.4	9.62	9.87
Earnings yield	3.78%	5.28%	8.25%	4.26%	2.47%	3.58%	5.21%	4.36%	4.02%	4.8%	5.04%
FCF yield	7.71%	9.7%	12.2%	8.2%	9.02%	7.31%	8.33%	8.41%	7.4%	8.1%	7.02%
PEG	—	—	—	—	—	—	—	—	—	—	-1.39

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	75.9%	75.4%	74.6%	74.7%	73.4%	74.2%	74.4%	74.3%	75.3%	75.2%	75%
Operating margin	37.6%	38.6%	37.7%	37.5%	32.2%	36.6%	36.5%	35.8%	36.6%	36.7%	36%
Net margin	21.8%	23.4%	29.7%	23.5%	11.5%	23.4%	29.1%	24.5%	26.4%	28.2%	30.8%
ROE	9.5%	10.3%	12.9%	10%	4.52%	9.94%	12.4%	10.7%	11.4%	12.8%	14.4%
ROA	2.98%	3.28%	4.44%	3.37%	1.45%	3.23%	4.2%	3.66%	3.81%	4.23%	3.7%
Return on tangible assets	2.98%	3.28%	4.44%	3.37%	1.45%	3.23%	4.2%	3.66%	3.81%	4.23%	4.81%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.11	0.19	0.16	0.25	0.57	0.72	0.33	0.3	0.63	0.63	0.6
Quick ratio	0.11	0.19	0.16	0.25	0.57	0.72	0.33	0.3	0.63	0.63	0.45
Debt / equity	1.99	1.95	1.72	1.77	1.93	1.9	1.76	1.73	1.79	1.83	1.76
Debt / assets	0.63	0.62	0.59	0.6	0.62	0.62	0.6	0.59	0.6	0.6	0.59
Net debt / EBITDA	6.68	6.44	5.91	6.29	7.14	6.47	6.36	6.1	5.82	5.61	5.44
Interest coverage	2.23	2.33	2.7	2.45	1.61	2.39	2.84	2.6	2.57	2.72	2.83

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	4.23	4.21	4.09	3.92	3.55	3.87	4.06	4.14	4.24	4.47	4.57
EPS (basic)	0.91	0.98	1.21	0.92	0.41	0.91	1.18	1.01	1.12	1.26	1.26
EPS (diluted)	0.91	0.98	1.21	0.92	0.41	0.9	1.17	1.01	1.11	1.25	1.4
Book value per share	9.71	9.54	9.39	9.2	9.03	9.14	9.55	9.47	9.84	9.8	9.85
FCF per share	1.88	1.81	1.79	1.77	1.49	1.86	1.89	1.96	2.06	2.12	2.23
Cash per share	0.26	0.28	0.24	0.12	1.31	1.07	0.13	0.07	1.31	1.16	0.56

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Payout ratio	106.1%	105.7%	91%	121.9%	140.6%	95.2%	81.8%	103.3%	97.6%	91.7%	86.4%
Dividend yield	4.01%	5.58%	7.51%	5.2%	3.47%	3.4%	4.26%	4.5%	3.92%	4.4%	4.4%

Yield

4.4%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.308

ex-dividend Jul 2, 2026

Payout ratio

86%

of earnings

Dividend growth

5 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 2, 2026	$0.308
Apr 2, 2026	$0.308
Jan 5, 2026	$0.308
Oct 2, 2025	$0.288
Jul 2, 2025	$0.288
Apr 2, 2025

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$307.3M	$316.5M	$320.2M	$315.7M	$320.7M	$328.4M	$337.5M	$339.5M	$340.8M	$353.8M	$354.8M	$354.2M
YoY change	+0.84%	+2.57%	+2.82%	+1.9%	+4.35%	+3.78%	+5.39%	+7.54%	+6.29%	+7.71%	+5.13%	+4.33%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	77M	84.9M	72M	37.2M	388.2M	316.9M	38.2M	20.8M	397.9M	355.7M
Receivables	178.2M	232.1M	228.3M	234.2M	240.3M	234.9M	264.1M	278.8M	281.9M	315.1M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	306.7M	398M	312.2M	296M	648M	569M	317.5M	317.6M	685.1M	702.5M
Property, plant & equipment	—	—	—	—	—	—	—	—	—	—
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	9.3B	9.2B	8.2B	8.1B	8.3B	8.4B	8.4B	8.3B	8.9B	9.1B
Accounts payable	—	—	—	—	—	—	—	—	—	—
Short-term debt	2.2B	1.6B	1.4B	648.1M	642.7M	296.3M	415.6M	511.4M	495.4M	489.8M
Total current liabilities	2.8B	2.1B	2B	1.2B	1.1B	790.9M	951M	1.1B	1.1B	1.1B
Long-term debt	3.6B	4.1B	3.4B	4.2B	4.5B	4.9B	4.6B	4.4B	4.8B	5B
Total liabilities	6.4B	6.2B	5.4B	5.4B	5.7B	5.7B	5.6B	5.5B	5.9B	6.1B
Shareholders' equity	2.9B	2.9B	2.8B	2.7B	2.7B	2.7B	2.9B	2.9B	3B	3B
Total debt	5.8B	5.7B	4.9B	4.9B	5.2B	5.2B	5B	4.9B	5.3B	5.5B
Net debt	5.8B	5.6B	4.8B	4.8B	4.8B	4.9B	5B	4.9B	5B	5.2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	21.5M	20.8M	426.6M	495.6M	472.5M	397.9M	126.4M	124.4M	353.2M	355.7M	344.4M	194.4M
Receivables	262.8M	278.8M	248M	252.7M	260.6M	281.9M	274.1M	285.1M	306.2M	315.1M	302.8M	305.6M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	312.1M	317.6M	686M	760.7M	734.2M	685.1M	406.4M	418.6M	711.8M	702.5M	753.1M	515.2M
Property, plant & equipment	—	—	—	—	—	—	—	—	—	—	—	—
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	8.3B	8.3B	8.6B	8.7B	8.7B	8.9B	8.6B	8.6B	9B	9.1B	9.1B	9B
Accounts payable	—	—	—	—	—	—	—	—	—	—	—	—
Short-term debt	—	511.4M	—	—	—	495.4M	496M	488.4M	489.1M	489.8M	490.5M	521.7M
Total current liabilities	548.4M	1.1B	473.8M	500.3M	530.6M	1.1B	1B	1B	1.1B	1.1B	1.1B	1.2B
Long-term debt	4.9B	4.4B	5.3B	5.4B	5.3B	4.8B	4.6B	4.6B	5B	5B	5B	4.8B
Total liabilities	5.5B	5.5B	5.8B	5.9B	5.9B	5.9B	5.6B	5.7B	6.1B	6.1B	6.1B	6B
Shareholders' equity	2.9B	2.9B	2.9B	2.9B	2.9B	3B	3B	3B	3B	3B	3B	3B
Total debt	4.9B	4.9B	5.3B	5.4B	5.3B	5.3B	5.1B	5.1B	5.5B	5.5B	5.5B	5.3B
Net debt	4.9B	4.9B	4.9B	4.9B	4.9B	5B	5B	5B	5.2B	5.2B	5.2B	5.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	278.1M	300.4M	366.3M	274.8M	121.2M	270.2M	354.2M	305.1M	339.3M	386.3M
Depreciation & amortization	349.6M	345.4M	352.2M	313.6M	319.1M	327.2M	344.7M	362.3M	370.2M	398.1M
Stock-based compensation	11.6M	10.5M	9.4M	12.7M	11M	17.1M	23.4M	20.8M	17.9M	17.6M
Change in working capital	-38.6M	-74.7M	-48.3M	-55.3M	-31.3M	-16.3M	-46.3M	-42.4M	-42M	-54.3M
Operating cash flow	597.1M	585.7M	660.5M	557.4M	430M	595.1M	672M	640.8M	692.2M	652M
Capital expenditure	—	—	—	—	—	—	—	—	—	—
Investing cash flow	-15.3M	9.7M	-2.2M	12.5M	-1.5M	-1M	-2.2M	2.1M	-35K	-743K
Dividends paid	-295.2M	-317.4M	-333.4M	-334.9M	-170.4M	-257.2M	-289.6M	-315.3M	-331.2M	-354.2M
Share repurchases	0	-5.9M	-104.7M	-14.6M	-25M	0	0	—	—	-449K
Financing cash flow	-1.3B	-1.1B	-1.5B	-970.1M	-576.7M	-288.1M	-244.9M	-523.3M	186.2M	-204.7M
Net change in cash	-688.6M	-496M	-805.2M	-400.2M	-148.2M	306M	424.9M	119.5M	878.3M	446.6M
Free cash flow	567.5M	551.9M	541.7M	528.7M	443.1M	552.2M	566.4M	588.8M	624.7M	652M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	63.7M	72.7M	88.9M	70.1M	96.8M	83.4M	69.7M	85.1M	94.2M	137.1M	127.8M	73.7M
Depreciation & amortization	96.3M	89.5M	88.8M	94.4M	94.8M	92.2M	102.3M	106.6M	103.2M	85.9M	100.6M	114.9M
Stock-based compensation	5.7M	6.2M	3.4M	5.4M	5.1M	4.1M	4.1M	4.8M	4.1M	4.6M	2.4M	3.6M
Change in working capital	808K	-24.9M	-39.2M	13.6M	-7.2M	-9.3M	-44.8M	6.8M	-5.4M	-10.8M	-39.3M	22.4M
Operating cash flow	165.3M	141.7M	143.7M	180.3M	188.9M	179.3M	133.2M	181.5M	168.3M	172.2M	141.2M	203.7M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	625K	967K	445K	-2.4M	1.1M	765K	558K	554K	-2.3M	424K	700K	-3.1M
Dividends paid	-78.4M	-78.4M	-83.9M	-82.3M	-82.4M	-82.6M	-89.5M	-88.2M	-88.3M	-88.3M	-96.9M	-94.6M
Share repurchases	—	—	—	—	—	—	-78K	-65K	-98K	-208K	-33K	-94K
Financing cash flow	-68.6M	308.5M	194.6M	60.9M	-120.2M	13M	-733.2M	310.1M	307.1M	-88.6M	-97.1M	-300.4M
Net change in cash	97.3M	451.2M	338.7M	238.9M	69.9M	193M	-599.5M	492.1M	473.1M	84M	44.8M	-99.8M
Free cash flow	158.6M	135.3M	128.5M	183.5M	157.5M	155.2M	130.1M	181.5M	168.3M	172.2M	141.2M	203.7M

Brixmor Property Group Inc Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

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Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement