BXP vs CDP vs OPI Stock Comparison

Bxp, Copt Defense Properties and Office Properties Income Trust Prices as of Oct 29, 2026 Peers: Industry group
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BXP BXP, Inc.
$62.99 +2.1% 1M -10.5% 1Y
Market cap
$10.05B
P/E
33.8x
Revenue (TTM)
$3.52B
Div. yield
4.45%
Office REITs Real Estate
2 wins
CDP Copt Defense Properties
$34.23 -0.2% 1M +24.5% 1Y
Market cap
$3.88B
P/E
22.7x
Revenue (TTM)
$804.15M
Div. yield
3.70%
Office REITs Real Estate
7 wins

Head to Head

9 decided of 12

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

QuestionBXPCDPOPILeader
Larger companyMarket capitalisation $10.05B $3.88B $1.02B BXP
Cheaper on earningsLower P/E, profitable companies only 33.8x 22.7x — CDP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 31.2x 23.1x — CDP
Faster revenue growthRevenue growth, trailing twelve months +1.9% +7.2% — CDP
More profitableNet margin, trailing twelve months 8.4% — — –
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA 7.5x — — –
Higher dividend yieldTrailing dividend yield 4.45% 3.70% 0.00% BXP
Better 1-year returnPrice return, last 12 months -10.5% +24.5% — CDP
Better 5-year returnAnnualised price return, 5 years -11.1%/yr +4.8%/yr — CDP
Less volatileAnnualised volatility, 1 year 27.9% 18.5% 128.6% CDP
Higher overall scoreMean of the five percentile scores vs peers 50/100 62/100 — CDP

Percentile Scorecard

BXPCDPOPI

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

AxisBXPCDPOPI
Valuation 71 #43 of 145 58 #62 of 145 –
Growth 42 #84 of 143 82 #27 of 143 –
Profitability 67 #45 of 136 91 #13 of 136 –
Financial Health 21 #109 of 138 – 96 #6 of 138
Shareholder Returns 49 #68 of 131 18 #108 of 131 –
Overall 50 62 –
  • BXP ranked among 149 companies in Property REITs
  • CDP ranked among 149 companies in Property REITs
  • OPI ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodBXPCDPOPISPY
1 month +2.1%-0.2%-13.9% +0.7%
3 months -12.1%-10.7%-25.3% +3.7%
6 months +7.7%+9.5%— +7.1%
Year to date -6.7%+23.1%— +12.8%
1 year -10.5%+24.5%— +11.9%
3 years +18.2%+49.3%— +85.2%
3 years, per year +5.7%+14.3%— +22.8%
5 years -44.6%+26.2%— +67.6%
5 years, per year -11.1%+4.8%— +10.9%
10 years -47.0%+30.0%— +262.0%
10 years, per year -6.2%+2.7%— +13.7%

Risk

MeasureBXPCDPOPISPY
Volatility, 1Y 27.9%18.5%128.6% 12.7%
Downside volatility, 1Y 29.1%16.8%165.3% 12.6%
Beta vs S&P 500, 1Y 0.660.112.38 1.00
Return / volatility, 1Y -0.381.32— 0.94
Max drawdown, 5Y -64.5%-26.0%-64.2% -25.4%
From 52-week high -13.7%-10.7%-59.4% -1.2%
52-week high $73.02$38.34$33.85 $779.14
52-week low $51.02$27.32$12.11 $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.

MultipleBXPCDPOPI
P/E now vs peer median 33.8xmedian 25.7x 22.7xmedian 25.7x —median 25.7x
P/S now vs peer median 2.9xmedian 4.1x 4.8xmedian 4.1x —median 4.1x
EV/EBITDA now vs peer median 12.8xmedian 14.3x —median 14.3x —median 14.3x
P/FCF now vs peer median -100.3xmedian 23.5x 123.0xmedian 23.5x —median 23.5x
P/B now vs peer median 1.3xmedian 1.3x 2.4xmedian 1.3x 0.4xmedian 1.3x
PEG now vs peer median -1.43median 1.86 0.32median 1.86 —median 1.86

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 monthsBXPCDPOPI
Revenue $3.52B $804.15M –
Gross profit $3.48B – –
Operating income $957.71M – –
Net income $408.55M $177.89M –
Free cash flow -$100.19M – –
EPS (diluted) $1.86 $1.48 –
Cash & equivalents $493.95M $24.26M $29.49M
Total debt $14.64B – $8.15B
Shares (diluted) 159.63M 114.90M 71.28M
Enterprise value $7.26B $3.88B $582.97M

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
MetricBXPCDPOPI
P/E 33.8x 22.7x –
P/FCF -100.3x 123.0x –
P/Operating cash flow 7.8x – –
P/S 2.9x 4.8x –
P/B 1.3x 2.4x 0.4x
P/Tangible book 1.3x 2.4x 0.4x
EV/EBITDA 12.8x – –
EV/EBIT 25.3x – –
EV/Revenue 6.9x 4.8x –
EV/FCF -241.5x – –
EV/Operating cash flow 18.8x – –
PEG (3Y EPS CAGR) -1.43 0.32 –

Growth

14 metrics
MetricBXPCDPOPI
Revenue growth (1Y) 1.9% 7.2% –
Revenue CAGR (3Y) 3.2% 5.7% –
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) 432.8% 13.6% –
Net income CAGR (3Y) -20.7% 72.3% –
EPS growth (1Y) 5,891% 11.9% –
EPS CAGR (3Y) -23.6% 70.3% –
Operating cash flow growth (1Y) 4.2% – –
Operating cash flow CAGR (3Y) 0.1% – –
Free cash flow growth (1Y) -303.9% – –
Free cash flow CAGR (3Y) 27.3% – –

Profitability

14 metrics
MetricBXPCDPOPI
Gross margin 99.0% – –
EBITDA margin 53.8% – –
Operating margin 27.2% – –
Pretax margin 10.2% – –
Net margin 8.4% – –
FCF margin -2.8% – –
Operating cash flow margin 36.5% – –
Return on equity 5.4% 11.2% –
Return on assets 1.6% 3.9% –
Return on invested capital – – –
Return on capital employed – – –
Asset turnover 0.1x 0.2x –
Cash conversion (OCF / net income) 3.1x – –
Stock comp / revenue 1.4% 1.6% –

Financial Health

11 metrics
MetricBXPCDPOPI
Debt / assets 58.2% – 25.5%
Debt / equity 1.9x – 0.3x
Net debt / EBITDA 7.5x – –
Debt / FCF -146.1x – –
Liabilities / assets 69.3% 64.6% 23.8%
Equity / assets 30.7% 34.9% 76.2%
Interest coverage 1.5x – –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricBXPCDPOPI
Dividend yield 4.4% 3.7% –
Net buyback yield 0.0% – –
Shareholder yield 4.4% 3.7% 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusBXPCDPOPI
Forward P/E 31.2xFY2026 23.1xFY2026 –
EPS, next fiscal year $2.02FY2026 $1.48FY2026 –
EPS growth, next FY +16.1%FY2026 +10.4%FY2026 –
EPS growth, the year after -9.9% -5.4% –
Revenue, next fiscal year $3.35BFY2026 $739.29MFY2026 –
Revenue growth, next FY -3.8%FY2026 +3.5%FY2026 –
Revenue growth, the year after +14.8% +10.5% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBXPCDPOPI
Held by institutions 100.0% 100.0% 86.0%
Institutions holding 549 330 36
Change in shares held, QoQ +5.2% +0.5% –
Institutions buying 296 156 36
Institutions selling 166 108 0
Buyers to sellers 1.78 1.44 –

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.

BXPCDPOPI
BXP 1.00 0.45 0.01
CDP 0.45 1.00 -0.04
OPI 0.01 -0.04 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BXP, CDP and OPI?

Bxp (BXP) is the largest by market capitalisation: Bxp (BXP) $10.05B, Copt Defense Properties (CDP) $3.88B, Office Properties Income Trust (OPI) $1.02B.

Which stock is cheaper, BXP, CDP and OPI?

Copt Defense Properties (CDP) trades on the lowest price-to-earnings ratio (Bxp (BXP) 33.8x, Copt Defense Properties (CDP) 22.7x). On next year's consensus earnings, Copt Defense Properties (CDP) is cheapest (Bxp (BXP) 31.2x, Copt Defense Properties (CDP) 23.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Copt Defense Properties (CDP) grew revenue fastest over the trailing twelve months: Bxp (BXP) +1.9%, Copt Defense Properties (CDP) +7.2%.

Which stock has performed better?

Over the past year Copt Defense Properties (CDP) returned the most: Bxp (BXP) -10.5%, Copt Defense Properties (CDP) +24.5%. Over five years, Copt Defense Properties (CDP) compounded fastest (Bxp (BXP) -11.1%/yr, Copt Defense Properties (CDP) +4.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Bxp (BXP) has the highest dividend yield: Bxp (BXP) 4.45%, Copt Defense Properties (CDP) 3.70%, Office Properties Income Trust (OPI) 0.00%. Office Properties Income Trust (OPI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Copt Defense Properties (CDP) has been the steadiest (Bxp (BXP) 27.9%, Copt Defense Properties (CDP) 18.5%, Office Properties Income Trust (OPI) 128.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BXP, CDP and OPI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Copt Defense Properties (CDP) 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.