BXP, Inc. (BXP) closed fiscal year 2025 with a gross margin of 59.1 % and a net margin of 7.9 %.
BXP, Inc. (BXP) closed fiscal year 2025 with a gross margin of 59.1 % and a net margin of 7.9 %. The same year shows an EBITDA margin of 56.0 % and an EBIT margin of 29.8 %. The free cash flow margin was 16.1 %. Against the previous year the gross margin moved −0.8 pp and the net margin +7.5 pp. Across the period the gross margin ranges between 59.1 % in 2025 and 62.8 % in 2021. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | 61.70 % | 60.70 % | 61.68 % | 61.25 % | 62.81 % | — | 61.06 % | 59.89 % | 59.12 % |
| EBITDA margin (%) | 42.19 % | 59.99 % | 58.57 % | 61.39 % | 60.62 % | 59.24 % | 58.23 % | 59.67 % | 59.78 % | 59.60 % | 58.63 % | — | — | — | — | 71.09 % | 52.05 % | 47.50 % | 55.98 % |
| EBIT margin (%) | 22.69 % | 39.29 % | 37.38 % | 39.47 % | 35.13 % | 34.66 % | 31.75 % | 33.45 % | 34.10 % | 32.37 % | 34.90 % | — | — | — | — | 46.89 % | 26.61 % | 21.40 % | 29.78 % |
| Net margin (%) | 88.38 % | 7.16 % | 15.22 % | 10.31 % | 15.83 % | 15.68 % | 35.11 % | 18.51 % | 23.41 % | 20.10 % | 17.77 % | 21.45 % | 17.62 % | 31.56 % | 17.49 % | 27.31 % | 5.81 % | 0.42 % | 7.95 % |
| FCF margin (%) | — | — | — | — | — | — | — | 12.08 % | 17.05 % | 20.94 % | 11.67 % | 16.76 % | 21.45 % | 24.38 % | 21.44 % | 25.16 % | 23.69 % | 17.11 % | 16.12 % |
