BXP, Inc.

Real Estate Investment Trusts·BOSTON, MA·FY end 12/31·CIK 1037540

CEO Pay Ratio

5:1

Owen D. Thomas

CEO Total Comp

$23.0M

Owen D. Thomas

Median Employee

$140,113

Revenue

$3.5B

FY 2025

Net Income

$276.8M

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

7.9%

Insider Net (180d)

-$476.9K

0 buys / 3 sales

CEO Pay Accountability

CEO comp as % of net income

8.33%

For every $1,000 of profit, $83.26 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$3.5B	$3.4B	$3.3B	$3.1B	$2.9B
Gross Profit	$2.1B	$2.0B	$2.0B	$1.9B	$1.8B
Operating Income	—	—	—	—	—	—
Net Income	$276.8M	$14.3M	$190.2M	$848.9M	$505.2M
Operating CF	$1.2B	$1.2B	$1.3B	$1.3B	$1.1B
Capex	—	—	—	—	—	—
Free Cash Flow	—	—	—	—	—	—
Buybacks	—	—	—	—	—	—
Dividends	—	—	—	—	—	—

Gross Margin	59.1%	59.9%	61.1%	62.1%	62.8%
Operating Margin	—	—	—	—	—	—
Net Margin	7.9%	0.4%	5.8%	27.3%	17.5%
FCF Margin	—	—	—	—	—	—
R&D / Revenue	—	—	—	—	—	—
Effective Tax	—	—	—	—	—	—
Debt / Equity	—	—	—	—	0.57	—
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Owen D. ThomasChief Executive Officer	$950.0K	$19.3M	—	$2.8M	$20.5K	$23.0M
Douglas T. LindePresident	$800.0K	$13.2M	—	$2.2M	$41.5K	$16.2M
Michael E. LaBelleExecutive Vice President, Chief Financial Officer & Treasurer	$550.0K	$6.1M	—	$1.5M	$31.4K	$8.2M
Bryan J. KoopExecutive Vice President, Boston Region	$450.0K	$4.2M	—	$1.5M	$40.3K	$6.2M
Hilary J. SpannExecutive Vice President, New York Region	$450.0K	$4.1M	—	$1.2M	$20.0K	$5.8M