BDN vs CIGI vs ARE Stock Comparison

Brandywine Realty Trust, Colliers International and Alexandria Real Estate Equities Prices as of Oct 27, 2026 Peers: Industry group
BDN Brandywine Realty Trust
$2.90 +1.0% 1M -19.9% 1Y
Market cap
$512.69M
P/E
–
Revenue (TTM)
$498.29M
Div. yield
–
Office REITs Real Estate
5 wins

Head to Head

11 decided of 12

Brandywine Realty Trust leads on 5 of the 12 questions below (Brandywine Realty Trust 5, Colliers International 4, Alexandria Real Estate Equities 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBDNCIGIARELeader
Larger companyMarket capitalisation $512.69M $4.71B $6.81B ARE
Cheaper on earningsLower P/E, profitable companies only -3.6x 78.1x -4.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 11.8x 26.2x CIGI
Faster revenue growthRevenue growth, trailing twelve months +0.5% +15.2% -9.9% CIGI
More profitableNet margin, trailing twelve months -28.8% 1.0% -52.0% CIGI
Better return on capitalReturn on invested capital 7.3% 6.8% — BDN
Less leveragedLower net debt / EBITDA 1.0x 3.8x — BDN
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.09% ARE
Better 1-year returnPrice return, last 12 months -19.9% -44.0% -47.5% BDN
Better 5-year returnAnnualised price return, 5 years -26.3%/yr -8.8%/yr -27.6%/yr CIGI
Less volatileAnnualised volatility, 1 year 35.8% 37.6% 50.3% BDN
Higher overall scoreMean of the five percentile scores vs peers 58/100 45/100 39/100 BDN

Percentile Scorecard

BDNCIGIARE

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

AxisBDNCIGIARE
Valuation 95 #8 of 145 47 #10 of 18 74 #38 of 145
Growth 19 #114 of 141 53 #8 of 16 7 #131 of 141
Profitability 26 #100 of 134 67 #6 of 16 14 #115 of 134
Financial Health 58 #59 of 138 13 #15 of 17 72 #39 of 138
Shareholder Returns 93 #10 of 131 – 29 #94 of 131
Overall 58 45 39
  • BDN ranked among 149 companies in Property REITs
  • CIGI ranked among 19 companies in Real Estate Services
  • ARE ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodBDNCIGIARESPY
1 month +1.0%+2.9%-18.1% -0.2%
3 months -3.7%-10.4%-24.3% +3.9%
6 months -5.8%-15.8%+1.1% +8.2%
Year to date -0.7%-36.7%-16.5% +12.9%
1 year -19.9%-44.0%-47.5% +12.3%
3 years -22.7%+5.6%-55.4% +87.4%
3 years, per year -8.2%+1.8%-23.6% +23.3%
5 years -78.3%-36.9%-80.2% +67.9%
5 years, per year -26.3%-8.8%-27.6% +10.9%
10 years -80.6%+134.4%-61.1% +261.1%
10 years, per year -15.1%+8.9%-9.0% +13.7%

Risk

MeasureBDNCIGIARESPY
Volatility, 1Y 35.8%37.6%50.3% 12.7%
Downside volatility, 1Y 34.0%39.4%56.8% 12.7%
Beta vs S&P 500, 1Y 0.580.880.73 1.00
Return / volatility, 1Y -0.56-1.17-0.95 0.97
Max drawdown, 5Y -83.2%-49.3%-81.9% -25.4%
From 52-week high -19.9%-44.0%-47.5% -1.2%
52-week high $3.62$166.27$77.87 $779.14
52-week low $2.47$85.88$40.41 $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.

MultipleBDNCIGIARE
P/E now vs peer median -3.5xmedian 26.3x 78.4xmedian 21.2x -4.9xmedian 26.3x
P/S now vs peer median 1.0xmedian 4.0x 0.8xmedian 0.7x 2.6xmedian 4.0x
EV/EBITDA now vs peer median 2.9xmedian 14.4x 11.1xmedian 9.8x —median 14.4x
P/FCF now vs peer median 58.2xmedian 23.3x 11.3xmedian 12.3x -15.0xmedian 23.3x
P/B now vs peer median 0.7xmedian 1.3x 3.1xmedian 1.8x 0.4xmedian 1.3x
PEG now vs peer median 0.04median 1.91 1.67median 0.52 0.05median 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 monthsBDNCIGIARE
Revenue $498.29M $5.96B $2.76B
Gross profit – $2.38B –
Operating income $73.79M $373.62M –
Net income -$143.21M $211.66M -$1.39B
Free cash flow $8.70M $419.51M -$473.23M
EPS (diluted) $-0.82 $1.18 $-8.40
Cash & equivalents $37.87M $265.19M $508.86M
Total debt $1.07B $2.69B $12.90B
Shares (diluted) 174.38M 51.08M 170.75M
Enterprise value $330.86M $3.78B -$776.66M

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
MetricBDNCIGIARE
P/E -3.5x 78.4x -4.9x
P/FCF 58.2x 11.3x -15.0x
P/Operating cash flow 4.2x 14.8x 6.0x
P/S 1.0x 0.8x 2.6x
P/B 0.7x 3.1x 0.4x
P/Tangible book 0.7x 66.6x 0.4x
EV/EBITDA 2.9x 11.1x –
EV/EBIT 10.3x 19.2x –
EV/Revenue 1.5x 1.2x 6.5x
EV/FCF 87.5x 17.1x -37.8x
EV/Operating cash flow 6.3x 22.3x 15.0x
PEG (3Y EPS CAGR) 0.04 1.67 0.05

Growth

14 metrics
MetricBDNCIGIARE
Revenue growth (1Y) 0.5% 15.2% -9.9%
Revenue CAGR (3Y) -0.7% 10.8% -0.5%
Gross profit growth (1Y) – 14.8% –
Gross profit CAGR (3Y) – 11.2% –
Operating income growth (1Y) 639.1% 3.2% –
Operating income CAGR (3Y) -12.4% 9.4% –
Net income growth (1Y) 56.1% -5.4% -339.2%
Net income CAGR (3Y) -97.3% 14.6% -74.6%
EPS growth (1Y) 56.2% 5.3% -239.7%
EPS CAGR (3Y) -97.9% 47.0% -100.7%
Operating cash flow growth (1Y) -18.7% 14.1% -13.7%
Operating cash flow CAGR (3Y) -14.1% 4.6% -9.5%
Free cash flow growth (1Y) -25.6% 20.1% 33.5%
Free cash flow CAGR (3Y) -30.4% 4.6% 43.5%

Profitability

14 metrics
MetricBDNCIGIARE
Gross margin – 40.0% –
EBITDA margin 53.2% 10.8% –
Operating margin 14.8% 6.3% –
Pretax margin -28.7% 5.0% –
Net margin -28.8% 1.0% -52.0%
FCF margin 1.7% 7.0% -17.1%
Operating cash flow margin 24.4% 5.4% 43.0%
Return on equity -20.0% 13.8% -6.6%
Return on assets -4.0% 3.9% -3.6%
Return on invested capital 7.3% 6.8% –
Return on capital employed – 10.2% –
Asset turnover 0.1x 1.1x 0.1x
Cash conversion (OCF / net income) -0.9x 1.5x -0.9x
Stock comp / revenue 1.9% 0.8% 1.5%

Financial Health

11 metrics
MetricBDNCIGIARE
Debt / assets 8.3% 46.0% 37.9%
Debt / equity 0.4x 1.7x 0.7x
Net debt / EBITDA 1.0x 3.8x –
Debt / FCF 33.7x 6.4x -27.3x
Liabilities / assets 80.3% 73.5% 45.9%
Equity / assets 19.7% 26.5% 54.1%
Interest coverage – – –
Current ratio – 1.2x –
Quick ratio – 0.9x –
Cash ratio – 0.1x –
Altman Z-score – 1.94 –

Shareholder Returns

7 metrics
MetricBDNCIGIARE
Dividend yield 11.0% 0.3% 7.0%
Net buyback yield 0.4% – –
Shareholder yield 11.5% 0.3% 7.0%
Payout ratio (earnings) – 7.2% -43.0%
Payout ratio (FCF) – 3.6% -126.5%
Dividend growth (1Y) – 6.5% -34.4%
Dividend CAGR (3Y) – 4.5% -10.2%

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.

ConsensusBDNCIGIARE
Forward P/E – 11.8xFY2026 26.2xFY2026
EPS, next fiscal year $-0.81FY2026 $7.88FY2026 $1.56FY2026
EPS growth, next FY – +20.7%FY2026 –
EPS growth, the year after – +0.1% -150.6%
Revenue, next fiscal year $512.58MFY2026 $6.33BFY2026 $2.71BFY2026
Revenue growth, next FY +12.0%FY2026 +14.6%FY2026 -8.2%FY2026
Revenue growth, the year after -15.9% +14.7% -13.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBDNCIGIARE
Held by institutions 73.2% 71.7% 97.2%
Institutions holding 232 189 595
Change in shares held, QoQ +2.5% -3.8% +14.1%
Institutions buying 130 92 336
Institutions selling 68 64 191
Buyers to sellers 1.91 1.44 1.76

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.

BDNCIGIARE
BDN 1.00 0.31 0.41
CIGI 0.31 1.00 0.23
ARE 0.41 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BDN, CIGI and ARE?

Alexandria Real Estate Equities (ARE) is the largest by market capitalisation: Brandywine Realty Trust (BDN) $512.69M, Colliers International (CIGI) $4.71B, Alexandria Real Estate Equities (ARE) $6.81B.

Which company is growing faster?

Colliers International (CIGI) grew revenue fastest over the trailing twelve months: Brandywine Realty Trust (BDN) +0.5%, Colliers International (CIGI) +15.2%, Alexandria Real Estate Equities (ARE) -9.9%.

Which company is more profitable?

Colliers International (CIGI) has the highest net margin (Brandywine Realty Trust (BDN) -28.8%, Colliers International (CIGI) 1.0%, Alexandria Real Estate Equities (ARE) -52.0%). On return on invested capital, Brandywine Realty Trust (BDN) leads (Brandywine Realty Trust (BDN) 7.3%, Colliers International (CIGI) 6.8%).

Which stock has performed better?

Over the past year Brandywine Realty Trust (BDN) returned the most: Brandywine Realty Trust (BDN) -19.9%, Colliers International (CIGI) -44.0%, Alexandria Real Estate Equities (ARE) -47.5%. Over five years, Colliers International (CIGI) compounded fastest (Brandywine Realty Trust (BDN) -26.3%/yr, Colliers International (CIGI) -8.8%/yr, Alexandria Real Estate Equities (ARE) -27.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Alexandria Real Estate Equities (ARE) has the highest dividend yield: Brandywine Realty Trust (BDN) 0.00%, Colliers International (CIGI) 0.00%, Alexandria Real Estate Equities (ARE) 0.09%. Brandywine Realty Trust (BDN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Brandywine Realty Trust (BDN) has been the steadiest (Brandywine Realty Trust (BDN) 35.8%, Colliers International (CIGI) 37.6%, Alexandria Real Estate Equities (ARE) 50.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BDN, CIGI and ARE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Brandywine Realty Trust (BDN) leads on 5. 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.