BXP vs ARE vs DEI Stock Comparison

Bxp, Alexandria Real Estate Equities and Douglas Emmett Prices as of Oct 26, 2026 Peers: Industry group
BXP BXP, Inc.
$62.26 -1.8% 1M -16.1% 1Y
Market cap
$9.71B
P/E
32.7x
Revenue (TTM)
$3.52B
Div. yield
–
Office REITs Real Estate
8 wins
DEI Douglas Emmett Inc
$10.16 +3.6% 1M -23.9% 1Y
Market cap
$1.68B
P/E
–
Revenue (TTM)
$1.01B
Div. yield
0.08%
Office REITs Real Estate

Head to Head

10 decided of 12

Bxp leads on 8 of the 12 questions below (Bxp 8, Alexandria Real Estate Equities 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBXPAREDEILeader
Larger companyMarket capitalisation $9.71B $6.96B $1.68B BXP
Cheaper on earningsLower P/E, profitable companies only 32.7x -4.8x -73.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 30.8x 27.8x — ARE
Faster revenue growthRevenue growth, trailing twelve months +1.9% -9.9% +0.8% BXP
More profitableNet margin, trailing twelve months 8.4% -52.0% -2.3% BXP
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA 7.5x — 23.3x BXP
Higher dividend yieldTrailing dividend yield 0.00% 0.09% 0.08% ARE
Better 1-year returnPrice return, last 12 months -16.1% -44.0% -23.9% BXP
Better 5-year returnAnnualised price return, 5 years -11.6%/yr -26.8%/yr -21.0%/yr BXP
Less volatileAnnualised volatility, 1 year 28.2% 50.0% 31.0% BXP
Higher overall scoreMean of the five percentile scores vs peers 49/100 39/100 31/100 BXP

Percentile Scorecard

BXPAREDEI

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

AxisBXPAREDEI
Valuation 71 #43 of 145 73 #40 of 145 64 #53 of 145
Growth 43 #81 of 142 7 #132 of 142 6 #134 of 142
Profitability 64 #50 of 136 14 #117 of 136 19 #110 of 136
Financial Health 23 #108 of 139 74 #37 of 139 16 #117 of 139
Shareholder Returns 46 #71 of 131 29 #94 of 131 50 #66 of 131
Overall 49 39 31
  • BXP ranked among 149 companies in Property REITs
  • ARE ranked among 149 companies in Property REITs
  • DEI ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodBXPAREDEISPY
1 month -1.8%-13.1%+3.6% -0.8%
3 months -10.0%-15.6%-16.2% +3.5%
6 months +7.3%-4.8%-6.8% +7.0%
Year to date -7.7%-11.4%-7.6% +12.2%
1 year -16.1%-44.0%-23.9% +13.0%
3 years +18.8%-52.7%-8.7% +86.3%
3 years, per year +5.9%-22.1%-3.0% +23.1%
5 years -46.0%-78.9%-69.2% +68.6%
5 years, per year -11.6%-26.8%-21.0% +11.0%
10 years -49.3%-59.1%-72.0% +258.0%
10 years, per year -6.6%-8.6%-11.9% +13.6%

Risk

MeasureBXPAREDEISPY
Volatility, 1Y 28.2%50.0%31.0% 12.7%
Downside volatility, 1Y 29.8%56.4%30.9% 12.7%
Beta vs S&P 500, 1Y 0.670.750.63 1.00
Return / volatility, 1Y -0.57-0.88-0.77 1.02
Max drawdown, 5Y -64.5%-81.9%-75.1% -25.4%
From 52-week high -16.5%-44.3%-23.7% -1.8%
52-week high $74.53$77.87$13.32 $779.14
52-week low $51.02$40.41$9.18 $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.

MultipleBXPAREDEI
P/E now vs peer median 33.4xmedian 27.4x -5.2xmedian 27.4x -74.4xmedian 27.4x
P/S now vs peer median 2.8xmedian 4.2x 2.7xmedian 4.2x 1.7xmedian 4.2x
EV/EBITDA now vs peer median 12.7xmedian 14.2x —median 14.2x 30.6xmedian 14.2x
P/FCF now vs peer median -99.1xmedian 23.2x -16.0xmedian 23.2x -22.6xmedian 23.2x
P/B now vs peer median 1.3xmedian 1.3x 0.4xmedian 1.3x 0.5xmedian 1.3x
PEG now vs peer median -1.42median 2.11 0.05median 2.11 2.20median 2.11

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 monthsBXPAREDEI
Revenue $3.52B $2.76B $1.01B
Gross profit $3.48B – $636.52M
Operating income $957.71M – -$179.54M
Net income $408.55M -$1.39B -$55.59M
Free cash flow -$100.19M -$473.23M -$75.33M
EPS (diluted) $1.86 $-8.40 $-0.14
Cash & equivalents $493.95M $508.86M $354.96M
Total debt $14.64B $12.90B $5.72B
Shares (diluted) 159.63M 170.75M 167.49M
Enterprise value $6.37B -$633.23M $222.58M

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
MetricBXPAREDEI
P/E 33.4x -5.2x -74.4x
P/FCF -99.1x -16.0x -22.6x
P/Operating cash flow 7.7x 6.4x 4.4x
P/S 2.8x 2.7x 1.7x
P/B 1.3x 0.4x 0.5x
P/Tangible book 1.3x 0.4x 0.5x
EV/EBITDA 12.7x – 30.6x
EV/EBIT 25.1x – -39.4x
EV/Revenue 6.8x 6.6x 7.0x
EV/FCF -240.3x -38.7x -93.8x
EV/Operating cash flow 18.7x 15.4x 18.3x
PEG (3Y EPS CAGR) -1.42 0.05 2.20

Growth

14 metrics
MetricBXPAREDEI
Revenue growth (1Y) 1.9% -9.9% 0.8%
Revenue CAGR (3Y) 3.2% -0.5% -0.2%
Gross profit growth (1Y) 1.9% – 0.5%
Gross profit CAGR (3Y) 3.2% – -1.2%
Operating income growth (1Y) -3.4% – -4.6%
Operating income CAGR (3Y) -1.5% – -8.3%
Net income growth (1Y) 432.8% -339.2% -267.2%
Net income CAGR (3Y) -20.7% -74.6% -45.8%
EPS growth (1Y) 5,891% -239.7% -160.7%
EPS CAGR (3Y) -23.6% -100.7% -33.8%
Operating cash flow growth (1Y) 4.2% -13.7% -1.5%
Operating cash flow CAGR (3Y) 0.1% -9.5% -7.2%
Free cash flow growth (1Y) -303.9% 33.5% -134.4%
Free cash flow CAGR (3Y) 27.3% 43.5% -31.1%

Profitability

14 metrics
MetricBXPAREDEI
Gross margin 99.0% – 63.2%
EBITDA margin 53.8% – 22.9%
Operating margin 27.2% – -17.8%
Pretax margin 10.2% – -45.0%
Net margin 8.4% -52.0% -2.3%
FCF margin -2.8% -17.1% -7.5%
Operating cash flow margin 36.5% 43.0% 38.3%
Return on equity 5.4% -6.6% -2.0%
Return on assets 1.6% -3.6% -0.7%
Return on invested capital – – –
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) 3.1x -0.9x -6.9x
Stock comp / revenue 1.4% 1.5% 2.1%

Financial Health

11 metrics
MetricBXPAREDEI
Debt / assets 58.2% 37.9% 59.9%
Debt / equity 1.9x 0.7x 1.6x
Net debt / EBITDA 7.5x – 23.3x
Debt / FCF -146.1x -27.3x -76.0x
Liabilities / assets 69.3% 45.9% 63.2%
Equity / assets 30.7% 54.1% 36.8%
Interest coverage 1.5x – -0.7x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricBXPAREDEI
Dividend yield 4.5% 6.6% 7.5%
Net buyback yield 0.0% – –
Shareholder yield 4.5% 6.6% 7.5%
Payout ratio (earnings) – -43.0% -228.9%
Payout ratio (FCF) – -126.5% -169.0%
Dividend growth (1Y) – -34.4% 0.0%
Dividend CAGR (3Y) – -10.2% -8.3%

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.

ConsensusBXPAREDEI
Forward P/E 30.8xFY2026 27.8xFY2026 –
EPS, next fiscal year $2.02FY2026 $1.56FY2026 $-0.12FY2026
EPS growth, next FY +16.1%FY2026 – -233.3%FY2026
EPS growth, the year after -9.9% -150.6% –
Revenue, next fiscal year $3.35BFY2026 $2.71BFY2026 $1.09BFY2026
Revenue growth, next FY -3.8%FY2026 -8.2%FY2026 +9.1%FY2026
Revenue growth, the year after +14.8% -13.7% -6.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBXPAREDEI
Held by institutions 100.0% 97.2% 100.0%
Institutions holding 548 595 283
Change in shares held, QoQ +5.2% +14.1% +5.5%
Institutions buying 295 336 171
Institutions selling 166 191 77
Buyers to sellers 1.78 1.76 2.22

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.

BXPAREDEI
BXP 1.00 0.52 0.74
ARE 0.52 1.00 0.42
DEI 0.74 0.42 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BXP, ARE and DEI?

Bxp (BXP) is the largest by market capitalisation: Bxp (BXP) $9.71B, Alexandria Real Estate Equities (ARE) $6.96B, Douglas Emmett (DEI) $1.68B.

Which company is growing faster?

Bxp (BXP) grew revenue fastest over the trailing twelve months: Bxp (BXP) +1.9%, Alexandria Real Estate Equities (ARE) -9.9%, Douglas Emmett (DEI) +0.8%.

Which company is more profitable?

Bxp (BXP) has the highest net margin (Bxp (BXP) 8.4%, Alexandria Real Estate Equities (ARE) -52.0%, Douglas Emmett (DEI) -2.3%).

Which stock has performed better?

Over the past year Bxp (BXP) returned the most: Bxp (BXP) -16.1%, Alexandria Real Estate Equities (ARE) -44.0%, Douglas Emmett (DEI) -23.9%. Over five years, Bxp (BXP) compounded fastest (Bxp (BXP) -11.6%/yr, Alexandria Real Estate Equities (ARE) -26.8%/yr, Douglas Emmett (DEI) -21.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Alexandria Real Estate Equities (ARE) has the highest dividend yield: Bxp (BXP) 0.00%, Alexandria Real Estate Equities (ARE) 0.09%, Douglas Emmett (DEI) 0.08%. Bxp (BXP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Bxp (BXP) has been the steadiest (Bxp (BXP) 28.2%, Alexandria Real Estate Equities (ARE) 50.0%, Douglas Emmett (DEI) 31.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BXP, ARE and DEI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bxp (BXP) leads on 8. 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.