BPYPP vs BXP vs ARE Stock Comparison

Brookfield Property Partners, Bxp and Alexandria Real Estate Equities Prices as of Oct 23, 2026 Peers: Industry group
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BXP BXP, Inc.
$62.11 -0.4% 1M -15.8% 1Y
Market cap
$9.91B
P/E
33.4x
Revenue (TTM)
$3.52B
Div. yield
–
Office REITs Real Estate
2 wins

Head to Head

9 decided of 12

Brookfield Property Partners leads on 7 of the 12 questions below (Brookfield Property Partners 7, Bxp 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBPYPPBXPARELeader
Larger companyMarket capitalisation $14.43B $9.91B $7.39B BPYPP
Cheaper on earningsLower P/E, profitable companies only -56.6x 33.4x -7.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.2x 30.7x 27.5x BPYPP
Faster revenue growthRevenue growth, trailing twelve months -9.5% +1.9% -8.4% BXP
More profitableNet margin, trailing twelve months -3.6% 8.4% -36.3% BXP
Better return on capitalReturn on invested capital 0.0% — — –
Less leveragedLower net debt / EBITDA 6.9x 7.5x — BPYPP
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.09% –
Better 1-year returnPrice return, last 12 months -1.1% -15.8% -44.1% BPYPP
Better 5-year returnAnnualised price return, 5 years -10.1%/yr -12.0%/yr -27.1%/yr BPYPP
Less volatileAnnualised volatility, 1 year 21.2% 28.1% 49.9% BPYPP
Higher overall scoreMean of the five percentile scores vs peers 52/100 50/100 45/100 BPYPP

Percentile Scorecard

BPYPPBXPARE

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

AxisBPYPPBXPARE
Valuation 92 #13 of 145 71 #43 of 145 75 #37 of 145
Growth 66 #50 of 144 46 #79 of 144 11 #129 of 144
Profitability 20 #112 of 140 66 #49 of 140 19 #114 of 140
Financial Health 50 #73 of 146 20 #117 of 146 79 #31 of 146
Shareholder Returns 31 #91 of 132 47 #70 of 132 41 #78 of 132
Overall 52 50 45
  • BPYPP ranked among 149 companies in Property REITs
  • BXP ranked among 149 companies in Property REITs
  • 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

PeriodBPYPPBXPARESPY
1 month -2.5%-0.4%-17.1% -1.0%
3 months -7.1%-10.1%-15.7% +2.9%
6 months -7.3%+7.6%-9.3% +6.4%
Year to date +3.2%-8.0%-12.2% +11.4%
1 year -1.1%-15.8%-44.1% +13.1%
3 years +24.0%+15.4%-55.0% +79.4%
3 years, per year +7.4%+4.9%-23.4% +21.5%
5 years -41.1%-47.3%-79.4% +67.7%
5 years, per year -10.1%-12.0%-27.1% +10.9%
10 years —-50.7%-59.7% +255.2%
10 years, per year —-6.8%-8.7% +13.5%

Risk

MeasureBPYPPBXPARESPY
Volatility, 1Y 21.2%28.1%49.9% 12.7%
Downside volatility, 1Y 20.1%29.8%56.4% 12.7%
Beta vs S&P 500, 1Y 0.400.670.75 1.00
Return / volatility, 1Y -0.05-0.56-0.88 1.03
Max drawdown, 5Y -56.4%-64.5%-81.9% -25.4%
From 52-week high -9.8%-16.7%-44.8% -2.5%
52-week high $16.70$74.53$77.87 $779.14
52-week low $14.38$51.02$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.

MultipleBPYPPBXPARE
P/E now vs peer median -56.6xmedian 27.0x 33.3xmedian 27.0x -7.1xmedian 27.0x
P/S now vs peer median 2.0xmedian 4.1x 2.8xmedian 4.1x 2.6xmedian 4.1x
EV/EBITDA now vs peer median 10.6xmedian 14.5x 12.7xmedian 14.5x —median 14.5x
P/FCF now vs peer median —median 23.7x -98.9xmedian 23.7x -16.3xmedian 23.7x
P/B now vs peer median 0.3xmedian 1.3x 1.3xmedian 1.3x 0.4xmedian 1.3x
PEG now vs peer median -1.37median 2.07 -1.41median 2.07 0.13median 2.07

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 monthsBPYPPBXPARE
Revenue $7.17B $3.52B $2.84B
Gross profit – $3.48B –
Operating income – $957.71M –
Net income -$113.00M $408.55M -$988.04M
Free cash flow – -$100.19M -$460.59M
EPS (diluted) $-0.27 $1.86 $-6.04
Cash & equivalents $1.49B $493.95M $470.45M
Total debt $28.73B $14.64B $51.33B
Shares (diluted) 960.29M 159.63M 170.72M
Enterprise value $7.10B $6.56B $39.03M

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
MetricBPYPPBXPARE
P/E -56.6x 33.3x -7.1x
P/FCF – -98.9x -16.3x
P/Operating cash flow – 7.7x 5.9x
P/S 2.0x 2.8x 2.6x
P/B 0.3x 1.3x 0.4x
P/Tangible book 0.3x 1.3x 0.4x
EV/EBITDA 10.6x 12.7x –
EV/EBIT 11.5x 25.1x –
EV/Revenue 5.8x 6.8x 6.4x
EV/FCF – -240.1x -39.8x
EV/Operating cash flow – 18.7x 14.3x
PEG (3Y EPS CAGR) -1.37 -1.41 0.13

Growth

14 metrics
MetricBPYPPBXPARE
Revenue growth (1Y) -9.5% 1.9% -8.4%
Revenue CAGR (3Y) -4.1% 3.2% 1.1%
Gross profit growth (1Y) – 1.9% –
Gross profit CAGR (3Y) – 3.2% –
Operating income growth (1Y) – -3.4% –
Operating income CAGR (3Y) – -1.5% –
Net income growth (1Y) 83.2% 432.8% -864.9%
Net income CAGR (3Y) 62.1% -20.7% -49.6%
EPS growth (1Y) 63.1% 5,891% -4,691%
EPS CAGR (3Y) 41.4% -23.6% -56.8%
Operating cash flow growth (1Y) – 4.2% -9.9%
Operating cash flow CAGR (3Y) – 0.1% -6.2%
Free cash flow growth (1Y) – -303.9% 48.9%
Free cash flow CAGR (3Y) – 27.3% 47.2%

Profitability

14 metrics
MetricBPYPPBXPARE
Gross margin – 99.0% –
EBITDA margin 55.0% 53.8% –
Operating margin – 27.2% –
Pretax margin 2.7% 10.2% –
Net margin -3.6% 8.4% -36.3%
FCF margin – -2.8% -16.2%
Operating cash flow margin – 36.5% 45.0%
Return on equity -0.3% 5.4% -4.3%
Return on assets -0.1% 1.6% -2.4%
Return on invested capital 0.0% – –
Return on capital employed 4.1% – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) – 3.1x -1.3x
Stock comp / revenue – 1.4% 1.4%

Financial Health

11 metrics
MetricBPYPPBXPARE
Debt / assets 28.1% 58.2% 37.0%
Debt / equity 0.7x 1.9x 0.7x
Net debt / EBITDA 6.9x 7.5x –
Debt / FCF – -146.1x -27.8x
Liabilities / assets 58.3% 69.3% 44.7%
Equity / assets 41.7% 30.7% 55.3%
Interest coverage 1.1x 1.5x –
Current ratio 0.3x – –
Quick ratio 0.3x – –
Cash ratio 0.1x – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricBPYPPBXPARE
Dividend yield 10.9% 4.5% 6.7%
Net buyback yield -10.2% 0.0% –
Shareholder yield 0.7% 4.5% 6.7%
Payout ratio (earnings) – – -71.0%
Payout ratio (FCF) – – -152.4%
Dividend growth (1Y) – – -23.0%
Dividend CAGR (3Y) – – -4.5%

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.

ConsensusBPYPPBXPARE
Forward P/E 11.2xFY2023 30.7xFY2026 27.5xFY2026
EPS, next fiscal year $1.34FY2023 $2.02FY2026 $1.56FY2026
EPS growth, next FY – +16.1%FY2026 –
EPS growth, the year after – -9.4% -152.6%
Revenue, next fiscal year $7.07BFY2023 $3.33BFY2026 $2.71BFY2026
Revenue growth, next FY – -4.4%FY2026 -8.2%FY2026
Revenue growth, the year after – +14.8% -15.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBPYPPBXPARE
Held by institutions – 100.0% 97.2%
Institutions holding – 548 595
Change in shares held, QoQ – +5.2% +14.1%
Institutions buying – 295 336
Institutions selling – 166 191
Buyers to sellers – 1.78 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.

BPYPPBXPARE
BPYPP 1.00 0.13 0.11
BXP 0.13 1.00 0.47
ARE 0.11 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BPYPP, BXP and ARE?

Brookfield Property Partners (BPYPP) is the largest by market capitalisation: Brookfield Property Partners (BPYPP) $14.43B, Bxp (BXP) $9.91B, Alexandria Real Estate Equities (ARE) $7.39B.

Which company is growing faster?

Bxp (BXP) grew revenue fastest over the trailing twelve months: Brookfield Property Partners (BPYPP) -9.5%, Bxp (BXP) +1.9%, Alexandria Real Estate Equities (ARE) -8.4%.

Which company is more profitable?

Bxp (BXP) has the highest net margin (Brookfield Property Partners (BPYPP) -3.6%, Bxp (BXP) 8.4%, Alexandria Real Estate Equities (ARE) -36.3%).

Which stock has performed better?

Over the past year Brookfield Property Partners (BPYPP) returned the most: Brookfield Property Partners (BPYPP) -1.1%, Bxp (BXP) -15.8%, Alexandria Real Estate Equities (ARE) -44.1%. Over five years, Brookfield Property Partners (BPYPP) compounded fastest (Brookfield Property Partners (BPYPP) -10.1%/yr, Bxp (BXP) -12.0%/yr, Alexandria Real Estate Equities (ARE) -27.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Brookfield Property Partners (BPYPP) 0.00%, Bxp (BXP) 0.00%, Alexandria Real Estate Equities (ARE) 0.09%. Brookfield Property Partners (BPYPP) and Bxp (BXP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Brookfield Property Partners (BPYPP) has been the steadiest (Brookfield Property Partners (BPYPP) 21.2%, Bxp (BXP) 28.1%, Alexandria Real Estate Equities (ARE) 49.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BPYPP, BXP 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, Brookfield Property Partners (BPYPP) leads on 7. 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.