BXP vs DEI vs VNO Stock Comparison

Bxp, Douglas Emmett and Vornado Realty Trust Prices as of Nov 2, 2026 Peers: Industry group
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BXP BXP, Inc.
$63.46 +5.0% 1M -10.9% 1Y
Market cap
$10.45B
P/E
35.2x
Revenue (TTM)
$3.52B
Div. yield
–
Office REITs Real Estate
5 wins
DEI Douglas Emmett Inc
$10.14 +3.3% 1M -21.6% 1Y
Market cap
$1.77B
P/E
–
Revenue (TTM)
$1.01B
Div. yield
0.07%
Office REITs Real Estate
VNO Vornado Realty Trust
$34.99 +3.7% 1M -7.8% 1Y
Market cap
$6.71B
P/E
–
Revenue (TTM)
$1.84B
Div. yield
–
Office REITs Real Estate
3 wins

Head to Head

8 decided of 12

Bxp leads on 5 of the 12 questions below (Bxp 5, Vornado Realty Trust 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBXPDEIVNOLeader
Larger companyMarket capitalisation $10.45B $1.77B $6.71B BXP
Cheaper on earningsLower P/E, profitable companies only 35.2x -77.5x -126.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 31.0x — — –
Faster revenue growthRevenue growth, trailing twelve months +1.9% +0.8% +1.4% BXP
More profitableNet margin, trailing twelve months 8.4% -2.3% 0.3% BXP
Better return on capitalReturn on invested capital — — 2.3% –
Less leveragedLower net debt / EBITDA 7.5x 23.3x 7.1x VNO
Higher dividend yieldTrailing dividend yield 0.00% 0.07% 0.00% –
Better 1-year returnPrice return, last 12 months -10.9% -21.6% -7.8% VNO
Better 5-year returnAnnualised price return, 5 years -11.5%/yr -21.7%/yr -4.6%/yr VNO
Less volatileAnnualised volatility, 1 year 27.9% 30.7% 32.6% BXP
Higher overall scoreMean of the five percentile scores vs peers 50/100 31/100 29/100 BXP

Percentile Scorecard

BXPDEIVNO

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

AxisBXPDEIVNO
Valuation 72 #41 of 145 64 #53 of 145 28 #105 of 145
Growth 42 #84 of 144 6 #136 of 144 11 #128 of 144
Profitability 66 #48 of 140 20 #112 of 140 38 #87 of 140
Financial Health 20 #117 of 146 15 #125 of 146 33 #98 of 146
Shareholder Returns 47 #70 of 132 52 #64 of 132 37 #84 of 132
Overall 50 31 29
  • BXP ranked among 149 companies in Property REITs
  • DEI ranked among 149 companies in Property REITs
  • VNO ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodBXPDEIVNOSPY
1 month +5.0%+3.3%+3.7% -2.3%
3 months -9.9%-14.7%-12.4% -0.7%
6 months +8.3%-8.6%+17.9% +4.8%
Year to date -6.0%-7.7%+5.1% +10.3%
1 year -10.9%-21.6%-7.8% +10.3%
3 years +7.7%-21.3%+51.7% +73.0%
3 years, per year +2.5%-7.7%+14.9% +20.1%
5 years -45.8%-70.5%-21.2% +61.9%
5 years, per year -11.5%-21.7%-4.6% +10.1%
10 years -44.5%-71.3%-50.7% +258.6%
10 years, per year -5.7%-11.7%-6.8% +13.6%

Risk

MeasureBXPDEIVNOSPY
Volatility, 1Y 27.9%30.7%32.6% 12.8%
Downside volatility, 1Y 29.1%30.3%33.3% 12.8%
Beta vs S&P 500, 1Y 0.650.610.98 1.00
Return / volatility, 1Y -0.39-0.70-0.24 0.80
Max drawdown, 5Y -64.5%-75.1%-73.6% -25.4%
From 52-week high -13.1%-21.8%-14.5% -3.5%
52-week high $73.02$12.96$40.91 $779.14
52-week low $51.02$9.18$24.71 $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.

MultipleBXPDEIVNO
P/E now vs peer median 34.0xmedian 26.3x -74.2xmedian 26.3x 1,133xmedian 26.3x
P/S now vs peer median 2.9xmedian 4.2x 1.7xmedian 4.2x 3.6xmedian 4.2x
EV/EBITDA now vs peer median 12.8xmedian 14.4x 30.6xmedian 14.4x 14.0xmedian 14.4x
P/FCF now vs peer median -101.0xmedian 23.9x -22.5xmedian 23.9x -15.7xmedian 23.9x
P/B now vs peer median 1.3xmedian 1.3x 0.5xmedian 1.3x 1.1xmedian 1.3x
PEG now vs peer median -1.44median 1.98 2.20median 1.98 43.14median 1.98

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 monthsBXPDEIVNO
Revenue $3.52B $1.01B $1.84B
Gross profit $3.48B $636.52M –
Operating income $957.71M -$179.54M –
Net income $408.55M -$55.59M -$23.88M
Free cash flow -$100.19M -$75.33M -$170.39M
EPS (diluted) $1.86 $-0.14 $-0.28
Cash & equivalents $493.95M $354.96M $580.50M
Total debt $14.64B $5.72B $7.45B
Shares (diluted) 159.63M 167.49M 186.85M
Enterprise value $7.10B $310.51M $3.54B

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
MetricBXPDEIVNO
P/E 34.0x -74.2x 1,133x
P/FCF -101.0x -22.5x -15.7x
P/Operating cash flow 7.9x 4.4x 16.7x
P/S 2.9x 1.7x 3.6x
P/B 1.3x 0.5x 1.1x
P/Tangible book 1.3x 0.5x 1.1x
EV/EBITDA 12.8x 30.6x 14.0x
EV/EBIT 25.3x -39.4x 33.1x
EV/Revenue 6.9x 7.0x 7.3x
EV/FCF -242.2x -93.8x -32.0x
EV/Operating cash flow 18.9x 18.3x 34.0x
PEG (3Y EPS CAGR) -1.44 2.20 43.14

Growth

14 metrics
MetricBXPDEIVNO
Revenue growth (1Y) 1.9% 0.8% 1.4%
Revenue CAGR (3Y) 3.2% -0.2% 0.1%
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% -267.2% -94.6%
Net income CAGR (3Y) -20.7% -45.8% 28.4%
EPS growth (1Y) 5,891% -160.7% -99.3%
EPS CAGR (3Y) -23.6% -33.8% 26.3%
Operating cash flow growth (1Y) 4.2% -1.5% -71.9%
Operating cash flow CAGR (3Y) 0.1% -7.2% -19.3%
Free cash flow growth (1Y) -303.9% -134.4% -145.3%
Free cash flow CAGR (3Y) 27.3% -31.1% -66.0%

Profitability

14 metrics
MetricBXPDEIVNO
Gross margin 99.0% 63.2% –
EBITDA margin 53.8% 22.9% 52.0%
Operating margin 27.2% -17.8% –
Pretax margin 10.2% -45.0% 2.9%
Net margin 8.4% -2.3% 0.3%
FCF margin -2.8% -7.5% -22.8%
Operating cash flow margin 36.5% 38.3% 21.4%
Return on equity 5.4% -2.0% 0.7%
Return on assets 1.6% -0.7% 0.3%
Return on invested capital – – 2.3%
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) 3.1x -6.9x 7.9x
Stock comp / revenue 1.4% 2.1% 1.4%

Financial Health

11 metrics
MetricBXPDEIVNO
Debt / assets 58.2% 59.9% 47.7%
Debt / equity 1.9x 1.6x 1.2x
Net debt / EBITDA 7.5x 23.3x 7.1x
Debt / FCF -146.1x -76.0x -17.9x
Liabilities / assets 69.3% 63.2% 61.8%
Equity / assets 30.7% 36.8% 38.2%
Interest coverage 1.5x -0.7x 1.2x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricBXPDEIVNO
Dividend yield 4.4% 7.5% 2.1%
Net buyback yield 0.0% – 2.0%
Shareholder yield 4.4% 7.5% 4.2%
Payout ratio (earnings) – -228.9% –
Payout ratio (FCF) – -169.0% –
Dividend growth (1Y) – 0.0% –
Dividend CAGR (3Y) – -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.

ConsensusBXPDEIVNO
Forward P/E 31.0xFY2026 – –
EPS, next fiscal year $2.02FY2026 $-0.12FY2026 $-0.40FY2026
EPS growth, next FY +16.1%FY2026 -233.3%FY2026 -109.5%FY2026
EPS growth, the year after -9.9% – –
Revenue, next fiscal year $3.35BFY2026 $1.09BFY2026 $1.78BFY2026
Revenue growth, next FY -3.8%FY2026 +9.1%FY2026 -1.9%FY2026
Revenue growth, the year after +14.8% -6.2% +24.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBXPDEIVNO
Held by institutions 100.0% 100.0% 99.2%
Institutions holding 550 285 433
Change in shares held, QoQ +5.2% +5.5% +14.6%
Institutions buying 297 173 233
Institutions selling 166 77 126
Buyers to sellers 1.79 2.25 1.85

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.

BXPDEIVNO
BXP 1.00 0.74 0.82
DEI 0.74 1.00 0.74
VNO 0.82 0.74 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BXP, DEI and VNO?

Bxp (BXP) is the largest by market capitalisation: Bxp (BXP) $10.45B, Douglas Emmett (DEI) $1.77B, Vornado Realty Trust (VNO) $6.71B.

Which company is growing faster?

Bxp (BXP) grew revenue fastest over the trailing twelve months: Bxp (BXP) +1.9%, Douglas Emmett (DEI) +0.8%, Vornado Realty Trust (VNO) +1.4%.

Which company is more profitable?

Bxp (BXP) has the highest net margin (Bxp (BXP) 8.4%, Douglas Emmett (DEI) -2.3%, Vornado Realty Trust (VNO) 0.3%).

Which stock has performed better?

Over the past year Vornado Realty Trust (VNO) returned the most: Bxp (BXP) -10.9%, Douglas Emmett (DEI) -21.6%, Vornado Realty Trust (VNO) -7.8%. Over five years, Vornado Realty Trust (VNO) compounded fastest (Bxp (BXP) -11.5%/yr, Douglas Emmett (DEI) -21.7%/yr, Vornado Realty Trust (VNO) -4.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Bxp (BXP) 0.00%, Douglas Emmett (DEI) 0.07%, Vornado Realty Trust (VNO) 0.00%. Bxp (BXP) and Vornado Realty Trust (VNO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Bxp (BXP) has been the steadiest (Bxp (BXP) 27.9%, Douglas Emmett (DEI) 30.7%, Vornado Realty Trust (VNO) 32.6%). Volatility measures how widely the price swings, not the risk of the business.

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

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 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.