Boston Properties (BXP) Revenue & Revenue Breakdown
Boston Properties Revenue Highlights
Latest Revenue (Y)
$3.27B
Latest Revenue (Q)
$850.48M
Main Segment (Y)
Parking and Other
Main Geography (Y)
Boston
Boston Properties Revenue by Period
Boston Properties Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $3.27B | 5.31% |
| 2022-12-31 | $3.11B | 7.61% |
| 2021-12-31 | $2.89B | 4.45% |
| 2020-12-31 | $2.77B | -6.58% |
| 2019-12-31 | $2.96B | 8.96% |
| 2018-12-31 | $2.72B | 4.42% |
| 2017-12-31 | $2.60B | 2.01% |
| 2016-12-31 | $2.55B | 2.41% |
| 2015-12-31 | $2.49B | 3.91% |
| 2014-12-31 | $2.40B | 12.24% |
| 2013-12-31 | $2.14B | 13.82% |
| 2012-12-31 | $1.88B | 6.63% |
| 2011-12-31 | $1.76B | 13.46% |
| 2010-12-31 | $1.55B | 1.88% |
| 2009-12-31 | $1.52B | 2.27% |
| 2008-12-31 | $1.49B | 0.41% |
| 2007-12-31 | $1.48B | 0.32% |
| 2006-12-31 | $1.48B | 2.78% |
| 2005-12-31 | $1.44B | 2.65% |
| 2004-12-31 | $1.40B | 6.94% |
| 2003-12-31 | $1.31B | 6.06% |
| 2002-12-31 | $1.23B | 19.54% |
| 2001-12-31 | $1.03B | 17.47% |
| 2000-12-31 | $879.35M | 11.80% |
| 1999-12-31 | $786.56M | 53.07% |
| 1998-12-31 | $513.85M | 86.54% |
| 1997-12-31 | $275.46M | - |
Boston Properties generated $3.27B in revenue during NA 2023, up 5.31% compared to the previous quarter, and up 120.48% compared to the same period a year ago.
Boston Properties Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $850.48M | 1.32% |
| 2024-03-31 | $839.44M | 1.27% |
| 2023-12-31 | $828.93M | 0.56% |
| 2023-09-30 | $824.28M | 0.87% |
| 2023-06-30 | $817.15M | 1.74% |
| 2023-03-31 | $803.20M | 1.69% |
| 2022-12-31 | $789.82M | -0.09% |
| 2022-09-30 | $790.52M | 2.14% |
| 2022-06-30 | $773.93M | 2.60% |
| 2022-03-31 | $754.31M | 3.18% |
| 2021-12-31 | $731.06M | 0.14% |
| 2021-09-30 | $730.06M | 2.28% |
| 2021-06-30 | $713.81M | 0.02% |
| 2021-03-31 | $713.70M | 7.31% |
| 2020-12-31 | $665.09M | -4.06% |
| 2020-09-30 | $693.27M | 5.88% |
| 2020-06-30 | $654.77M | -12.99% |
| 2020-03-31 | $752.56M | -0.65% |
| 2019-12-31 | $757.50M | 1.88% |
| 2019-09-30 | $743.55M | 1.34% |
| 2019-06-30 | $733.74M | 1.10% |
| 2019-03-31 | $725.77M | 2.92% |
| 2018-12-31 | $705.16M | 2.75% |
| 2018-09-30 | $686.28M | 3.28% |
| 2018-06-30 | $664.48M | 0.50% |
| 2018-03-31 | $661.15M | 0.90% |
| 2017-12-31 | $655.23M | -0.38% |
| 2017-09-30 | $657.71M | 0.12% |
| 2017-06-30 | $656.91M | 3.90% |
| 2017-03-31 | $632.23M | -0.60% |
| 2016-12-31 | $636.06M | 1.73% |
| 2016-09-30 | $625.23M | 0.27% |
| 2016-06-30 | $623.55M | -6.37% |
| 2016-03-31 | $665.99M | 6.69% |
| 2015-12-31 | $624.24M | -0.90% |
| 2015-09-30 | $629.88M | 1.89% |
| 2015-06-30 | $618.22M | -0.04% |
| 2015-03-31 | $618.48M | 0.78% |
| 2014-12-31 | $613.71M | -0.82% |
| 2014-09-30 | $618.80M | 4.92% |
| 2014-06-30 | $589.79M | 2.63% |
| 2014-03-31 | $574.69M | 1.05% |
| 2013-12-31 | $568.71M | -0.94% |
| 2013-09-30 | $574.08M | 11.40% |
| 2013-06-30 | $515.32M | 6.69% |
| 2013-03-31 | $483.01M | -0.87% |
| 2012-12-31 | $487.24M | 3.47% |
| 2012-09-30 | $470.90M | -0.42% |
| 2012-06-30 | $472.90M | 5.64% |
| 2012-03-31 | $447.66M | -1.13% |
| 2011-12-31 | $452.79M | 0.08% |
| 2011-09-30 | $452.41M | 3.66% |
| 2011-06-30 | $436.45M | 4.45% |
| 2011-03-31 | $417.88M | 8.02% |
| 2010-12-31 | $386.84M | -0.36% |
| 2010-09-30 | $388.22M | -1.95% |
| 2010-06-30 | $395.96M | 4.26% |
| 2010-03-31 | $379.78M | 0.49% |
| 2009-12-31 | $377.91M | 0.16% |
| 2009-09-30 | $377.30M | -3.13% |
| 2009-06-30 | $389.49M | 3.16% |
| 2009-03-31 | $377.54M | -3.75% |
| 2008-12-31 | $392.27M | 9.87% |
| 2008-09-30 | $357.05M | -3.11% |
| 2008-06-30 | $368.52M | - |
Boston Properties generated $850.48M in revenue during Q2 2024, up 1.32% compared to the previous quarter, and up 105.89% compared to the same period a year ago.
Boston Properties Revenue Breakdown
Boston Properties Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Hotel | $47.36M | $39.48M | $13.61M | $7.48M | $48.59M |
| Real Estate, Other | $17.77M | $15.45M | $12.49M | $11.63M | $10.39M |
| Parking and Other | $112.92M | $107.22M | $81.81M | $70.68M | $103.53M |
| Management Service | $40.85M | $28.06M | $27.70M | - | - |
Boston Properties's latest annual revenue breakdown by segment (product or service), as of Dec 23: Parking and Other (51.59%), Hotel (21.63%), Management Service (18.66%), and Real Estate, Other (8.12%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hotel | $14.81M | $8.19M | $11.80M | $13.48M | $13.97M | $8.10M | $11.09M | $11.75M | $12.09M | $4.56M | $6.23M | $5.19M | $1.56M | $632.00K | $464.00K | $90.00K | $99.00K | $6.83M | $11.79M | $13.01M |
| Management Service | $6.35M | $6.15M | $12.73M | $9.28M | $9.86M | $8.98M | $8.41M | $7.46M | $6.35M | $5.83M | $7.52M | $6.09M | $7.28M | $6.80M | - | - | - | - | - | - |
| Real Estate, Other | $4.15M | $4.29M | $4.02M | $3.91M | $4.61M | $5.24M | $4.25M | $3.90M | $3.24M | $4.07M | $3.32M | $3.01M | $2.65M | $3.50M | $3.01M | $2.90M | $2.48M | $3.24M | $2.16M | $2.43M |
| Parking and Other | $34.62M | $32.22M | $31.50M | $30.43M | $26.98M | $24.01M | $26.99M | $28.15M | $30.35M | $21.73M | $23.09M | $23.51M | $18.28M | $16.94M | $15.90M | $16.33M | $13.95M | $24.50M | $26.73M | $25.58M |
Boston Properties's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Parking and Other (57.76%), Hotel (24.72%), Management Service (10.60%), and Real Estate, Other (6.92%).
Boston Properties Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Los Angeles | $3.89M | - | - | - | - |
| DISTRICT OF COLUMBIA | $381.96M | - | - | - | - |
| Boston | $1.16B | $39.48M | $13.61M | $7.48M | $48.59M |
| Seattle | $63.83M | - | - | - | - |
| San Francisco | $554.01M | - | - | - | - |
| NEW YORK | $1.05B | - | - | - | - |
Boston Properties's latest annual revenue breakdown by geography, as of Dec 23: Boston (36.01%), NEW YORK (32.77%), San Francisco (17.23%), DISTRICT OF COLUMBIA (11.88%), Seattle (1.99%), and Los Angeles (0.12%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| San Francisco | $135.03M | $136.57M | $414.95M | $139.05M | - | - | $136.77M | - | - | - | $128.58M | - | - | - | $115.32M | - | - | - | $141.34M | - |
| Los Angeles | $18.47M | $20.40M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| DISTRICT OF COLUMBIA | $109.72M | $107.45M | $286.09M | $95.86M | - | - | $90.59M | - | - | - | $94.94M | - | - | - | $85.52M | - | - | - | - | - |
| Seattle | $10.52M | $10.91M | $50.17M | $13.66M | - | - | $13.21M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Boston | $304.44M | $292.85M | $841.74M | $293.83M | $13.97M | $8.10M | $11.09M | $11.75M | $12.09M | $4.56M | $6.23M | $5.19M | $1.56M | $632.00K | $464.00K | $90.00K | $99.00K | $6.83M | $13.01M | - |
| NEW YORK | $261.81M | $260.81M | $784.93M | $268.68M | - | - | $259.42M | - | - | - | $252.17M | - | - | - | $236.90M | - | - | - | $249.92M | - |
| WASHINGTON | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Boston Properties's latest quarterly revenue breakdown by geography, as of Jun 24: Boston (36.24%), NEW YORK (31.17%), San Francisco (16.07%), DISTRICT OF COLUMBIA (13.06%), Los Angeles (2.20%), and Seattle (1.25%).
Boston Properties Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BXP | Boston Properties | $3.27B | $850.48M |
| ARE | Alexandria Real Estate Equities | $2.89B | $766.73M |
| VNO | Vornado Realty Trust | $1.81B | $450.27M |
| KRC | Kilroy Realty | $1.13B | $280.73M |
| DEI | Douglas Emmett | $1.02B | $245.78M |
| HPP | Hudson Pacific Properties | $952.30M | $218.00M |
| SLG | SL Green Realty | $913.71M | $222.82M |
| HIW | Highwoods Properties | $834.00M | $204.74M |
| CUZ | Cousins Properties | $801.50M | $212.57M |
| PDM | Piedmont Office Realty Trust | $678.66M | $6.11M |
| BDN | Brandywine Realty Trust | $514.65M | $125.35M |
BXP Revenue FAQ
What is Boston Properties’s yearly revenue?
Boston Properties's yearly revenue for 2023 was $3.27B, representing an increase of 5.31% compared to 2022. The company's yearly revenue for 2022 was $3.11B, representing an increase of 7.61% compared to 2021. BXP's yearly revenue for 2021 was $2.89B, representing an increase of 4.45% compared to 2020.
What is Boston Properties’s quarterly revenue?
Boston Properties's quarterly revenue for Q2 2024 was $850.48M, a 1.32% increase from the previous quarter (Q1 2024), and a 4.08% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $839.44M, a 1.27% increase from the previous quarter (Q4 2023), and a 4.51% increase year-over-year (Q1 2023). BXP's quarterly revenue for Q4 2023 was $828.93M, a 0.56% increase from the previous quarter (Q3 2023), and a 4.95% increase year-over-year (Q4 2022).
What is Boston Properties’s revenue growth rate?
Boston Properties's revenue growth rate for the last 3 years (2021-2023) was 13.33%, and for the last 5 years (2019-2023) was 10.57%.
What are Boston Properties’s revenue streams?
Boston Properties's revenue streams in c 23 are Hotel, Real Estate, Other, Parking and Other, and Management Service. Hotel generated $47.36M in revenue, accounting 21.63% of the company's total revenue, up 19.95% year-over-year. Real Estate, Other generated $17.77M in revenue, accounting 8.12% of the company's total revenue, up 15.02% year-over-year. Parking and Other generated $112.92M in revenue, accounting 51.59% of the company's total revenue, up 5.31% year-over-year. Management Service generated $40.85M in revenue, accounting 18.66% of the company's total revenue, up 45.60% year-over-year.
What is Boston Properties’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Boston Properties was Parking and Other. This segment made a revenue of $112.92M, representing 51.59% of the company's total revenue.