ALX vs BDN vs MAA Stock Comparison

Alexanders, Brandywine Realty Trust and Mid America Apartment Communities Prices as of Oct 27, 2026 Peers: Industry group
ALX Alexanders Inc
$248.95 +0.5% 1M +5.2% 1Y
Market cap
$1.28B
P/E
7.5x
Revenue (TTM)
$214.80M
Div. yield
0.07%
Office REITs Real Estate
6 wins
BDN Brandywine Realty Trust
$2.90 +1.0% 1M -19.9% 1Y
Market cap
$508.33M
P/E
–
Revenue (TTM)
$498.29M
Div. yield
–
Office REITs Real Estate
3 wins

Head to Head

12 decided of 12

Alexanders leads on 6 of the 12 questions below (Alexanders 6, Mid America Apartment Communities 3, Brandywine Realty Trust 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionALXBDNMAALeader
Larger companyMarket capitalisation $1.28B $508.33M $13.55B MAA
Cheaper on earningsLower P/E, profitable companies only 7.5x -3.5x 33.9x ALX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 29.5x — 33.3x ALX
Faster revenue growthRevenue growth, trailing twelve months -1.5% +0.5% +0.8% MAA
More profitableNet margin, trailing twelve months 79.1% -28.8% 18.0% ALX
Better return on capitalReturn on invested capital — 7.3% 5.3% BDN
Less leveragedLower net debt / EBITDA — 1.0x 4.5x BDN
Higher dividend yieldTrailing dividend yield 0.07% 0.00% 0.05% ALX
Better 1-year returnPrice return, last 12 months +5.2% -19.9% -10.7% ALX
Better 5-year returnAnnualised price return, 5 years -2.5%/yr -26.3%/yr -10.5%/yr ALX
Less volatileAnnualised volatility, 1 year 27.9% 35.8% 19.8% MAA
Higher overall scoreMean of the five percentile scores vs peers 36/100 58/100 51/100 BDN

Percentile Scorecard

ALXBDNMAA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisALXBDNMAA
Valuation 33 #98 of 145 95 #8 of 145 45 #80 of 145
Growth 33 #95 of 141 19 #114 of 141 15 #120 of 141
Profitability 46 #73 of 134 26 #100 of 134 87 #18 of 134
Financial Health 10 #125 of 138 58 #59 of 138 60 #56 of 138
Shareholder Returns 59 #55 of 131 93 #10 of 131 46 #71 of 131
Overall 36 58 51
  • ALX ranked among 149 companies in Property REITs
  • BDN ranked among 149 companies in Property REITs
  • MAA ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodALXBDNMAASPY
1 month +0.5%+1.0%+0.3% -0.2%
3 months -7.4%-3.7%-12.5% +3.9%
6 months -0.1%-5.8%-8.9% +8.2%
Year to date +14.2%-0.7%-14.5% +12.9%
1 year +5.2%-19.9%-10.7% +12.3%
3 years +38.9%-22.7%+1.0% +87.4%
3 years, per year +11.6%-8.2%+0.3% +23.3%
5 years -11.9%-78.3%-42.4% +67.9%
5 years, per year -2.5%-26.3%-10.5% +10.9%
10 years -35.1%-80.6%+32.0% +261.1%
10 years, per year -4.2%-15.1%+2.8% +13.7%

Risk

MeasureALXBDNMAASPY
Volatility, 1Y 27.9%35.8%19.8% 12.7%
Downside volatility, 1Y 30.4%34.0%19.2% 12.7%
Beta vs S&P 500, 1Y 0.230.580.05 1.00
Return / volatility, 1Y 0.19-0.56-0.54 0.97
Max drawdown, 5Y -44.5%-83.2%-50.2% -25.4%
From 52-week high -13.1%-19.9%-16.5% -1.2%
52-week high $286.59$3.62$142.19 $779.14
52-week low $205.15$2.47$114.20 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleALXBDNMAA
P/E now vs peer median 7.5xmedian 26.3x -3.5xmedian 26.3x 34.5xmedian 26.3x
P/S now vs peer median 5.9xmedian 4.0x 1.0xmedian 4.0x 6.2xmedian 4.0x
EV/EBITDA now vs peer median —median 14.4x 2.9xmedian 14.4x 15.3xmedian 14.4x
P/FCF now vs peer median 87.5xmedian 23.3x 58.2xmedian 23.3x 29.1xmedian 23.3x
P/B now vs peer median 5.7xmedian 1.3x 0.7xmedian 1.3x 2.5xmedian 1.3x
PEG now vs peer median 0.42median 1.91 0.04median 1.91 -2.82median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsALXBDNMAA
Revenue $214.80M $498.29M $2.22B
Operating income – $73.79M –
Net income $169.82M -$143.21M $410.71M
Free cash flow $14.53M $8.70M $473.83M
EPS (diluted) $33.05 $-0.82 $3.44
Cash & equivalents $303.31M $37.87M $51.84M
Total debt $3.48B $1.07B $21.95B
Shares (diluted) 5.14M 174.38M 116.14M
Enterprise value $482.07M $326.50M $13.34B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricALXBDNMAA
P/E 7.5x -3.5x 34.5x
P/FCF 87.5x 58.2x 29.1x
P/Operating cash flow 46.8x 4.2x 13.6x
P/S 5.9x 1.0x 6.2x
P/B 5.7x 0.7x 2.5x
P/Tangible book 5.7x 0.7x 2.5x
EV/EBITDA – 2.9x 15.3x
EV/EBIT – 10.3x 31.4x
EV/Revenue 8.4x 1.5x 8.8x
EV/FCF 124.1x 87.5x 41.0x
EV/Operating cash flow 66.4x 6.3x 19.2x
PEG (3Y EPS CAGR) 0.42 0.04 -2.82

Growth

14 metrics
MetricALXBDNMAA
Revenue growth (1Y) -1.5% 0.5% 0.8%
Revenue CAGR (3Y) 0.2% -0.7% 1.6%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – 639.1% –
Operating income CAGR (3Y) – -12.4% –
Net income growth (1Y) 354.2% 56.1% -30.0%
Net income CAGR (3Y) 17.9% -97.3% -12.5%
EPS growth (1Y) 354.0% 56.2% -29.0%
EPS CAGR (3Y) 17.8% -97.9% -12.2%
Operating cash flow growth (1Y) -68.1% -18.7% -8.0%
Operating cash flow CAGR (3Y) -28.8% -14.1% -4.2%
Free cash flow growth (1Y) -74.4% -25.6% -12.0%
Free cash flow CAGR (3Y) -38.2% -30.4% -4.5%

Profitability

14 metrics
MetricALXBDNMAA
Gross margin – – –
EBITDA margin – 53.2% 57.1%
Operating margin – 14.8% –
Pretax margin – -28.7% 18.8%
Net margin 79.1% -28.8% 18.0%
FCF margin 6.8% 1.7% 21.4%
Operating cash flow margin 12.6% 24.4% 45.6%
Return on equity – -20.0% 7.3%
Return on assets – -4.0% 3.4%
Return on invested capital – 7.3% 5.3%
Return on capital employed – – –
Asset turnover 0.2x 0.1x 0.2x
Cash conversion (OCF / net income) 0.2x -0.9x 2.5x
Stock comp / revenue – 1.9% 0.9%

Financial Health

11 metrics
MetricALXBDNMAA
Debt / assets 69.4% 8.3% 47.5%
Debt / equity 3.7x 0.4x 1.0x
Net debt / EBITDA – 1.0x 4.5x
Debt / FCF 57.4x 33.7x 12.0x
Liabilities / assets 81.4% 80.3% 53.5%
Equity / assets 18.6% 19.7% 46.5%
Interest coverage – – 3.1x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricALXBDNMAA
Dividend yield 7.2% 11.0% 5.2%
Net buyback yield – 0.4% 0.9%
Shareholder yield 7.2% 11.5% 6.0%
Payout ratio (earnings) 54.4% – 173.3%
Payout ratio (FCF) 636.3% – 150.2%
Dividend growth (1Y) 0.0% – 2.0%
Dividend CAGR (3Y) 0.1% – 5.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusALXBDNMAA
Forward P/E 29.5xFY2027 – 33.3xFY2026
EPS, next fiscal year $8.44FY2027 $-0.81FY2026 $3.57FY2026
EPS growth, next FY -31.2%FY2027 – -5.6%FY2026
EPS growth, the year after – – -9.0%
Revenue, next fiscal year $259.67MFY2026 $512.58MFY2026 $2.29BFY2026
Revenue growth, next FY +21.8%FY2026 +12.0%FY2026 +3.8%FY2026
Revenue growth, the year after -8.1% -15.9% +1.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersALXBDNMAA
Held by institutions 38.9% 73.2% 97.1%
Institutions holding 153 232 771
Change in shares held, QoQ +2.7% +2.5% +8.2%
Institutions buying 71 130 395
Institutions selling 50 68 262
Buyers to sellers 1.42 1.91 1.51

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ALXBDNMAA
ALX 1.00 0.31 0.31
BDN 0.31 1.00 0.39
MAA 0.31 0.39 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ALX, BDN and MAA?

Mid America Apartment Communities (MAA) is the largest by market capitalisation: Alexanders (ALX) $1.28B, Brandywine Realty Trust (BDN) $508.33M, Mid America Apartment Communities (MAA) $13.55B.

Which stock is cheaper, ALX, BDN and MAA?

Alexanders (ALX) trades on the lowest price-to-earnings ratio (Alexanders (ALX) 7.5x, Brandywine Realty Trust (BDN) -3.5x, Mid America Apartment Communities (MAA) 33.9x). On next year's consensus earnings, Alexanders (ALX) is cheapest (Alexanders (ALX) 29.5x, Mid America Apartment Communities (MAA) 33.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Mid America Apartment Communities (MAA) grew revenue fastest over the trailing twelve months: Alexanders (ALX) -1.5%, Brandywine Realty Trust (BDN) +0.5%, Mid America Apartment Communities (MAA) +0.8%.

Which company is more profitable?

Alexanders (ALX) has the highest net margin (Alexanders (ALX) 79.1%, Brandywine Realty Trust (BDN) -28.8%, Mid America Apartment Communities (MAA) 18.0%). On return on invested capital, Brandywine Realty Trust (BDN) leads (Brandywine Realty Trust (BDN) 7.3%, Mid America Apartment Communities (MAA) 5.3%).

Which stock has performed better?

Over the past year Alexanders (ALX) returned the most: Alexanders (ALX) +5.2%, Brandywine Realty Trust (BDN) -19.9%, Mid America Apartment Communities (MAA) -10.7%. Over five years, Alexanders (ALX) compounded fastest (Alexanders (ALX) -2.5%/yr, Brandywine Realty Trust (BDN) -26.3%/yr, Mid America Apartment Communities (MAA) -10.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Alexanders (ALX) has the highest dividend yield: Alexanders (ALX) 0.07%, Brandywine Realty Trust (BDN) 0.00%, Mid America Apartment Communities (MAA) 0.05%. Brandywine Realty Trust (BDN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Mid America Apartment Communities (MAA) has been the steadiest (Alexanders (ALX) 27.9%, Brandywine Realty Trust (BDN) 35.8%, Mid America Apartment Communities (MAA) 19.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ALX, BDN and MAA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Alexanders (ALX) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.