Bxp (BXP) FY2015 results: revenue $2.5 billion, up 3.9% on the year
Bxp, Inc. (BXP) reported revenue of $2.5 billion for fiscal 2015, the year ended 31 December 2015, up 3.9% on the year before. Net income was $583 million, up 31.4%, and diluted earnings per share $3.72. The figures are the company's own, from the 10-K it filed with the SEC on 29 February 2016.
Revenue
$2.5 billion
+3.9% on the year
FY2008FY2015
Operating margin
34.1%
33.5% a year earlier
FY2008FY2015
Net income
$583 million
+31.4% on the year
FY2008FY2015
Diluted EPS
$3.72
+31.4% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
2,491
2,397
2,136
+3.9%
Operating income
849
802
678
+5.9%
Operating margin
34.1%
33.5%
31.8%
Interest expense
432
456
447
-5.2%
Net income
583
444
750
+31.4%
Net margin
23.4%
18.5%
35.1%
Diluted EPS
$3.72
$2.83
$4.86
+31.4%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
799
696
778
+14.9%
Capital expenditure
113
82.5
73.8
+36.7%
Free cash flow
687
613
704
+12.0%
Free cash flow margin
27.6%
25.6%
33.0%
Cash from investing
-280
-665
-533
Cash from financing
-1,559
-632
1,078
Depreciation and amortisation
640
629
565
+1.7%
Share-based compensation
29.2
28.1
45.2
+3.9%
Dividends paid
1,226
840
451
+45.9%
Dividend per share
$3.85
$7.10
n/a
-45.8%
Diluted shares, weighted
154m
153m
153m
+0.3%
Shares outstanding at period end
154m
153m
153m
+0.3%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
5,709
5,697
5,741
+0.2%
Non-controlling interest
2,177
2,206
1,302
-1.3%
Redeemable equity
0.0
0.6
51.3
Debt
9,189
9,907
11,342
-7.3%
Other liabilities
1,304
2,076
1,726
-37.2%
Total liabilities and equity
18,379
19,887
20,162
-7.6%
Cash and equivalents
724
1,763
2,365
-59.0%
Other assets
17,656
18,124
17,797
-2.6%
Total assets
18,379
19,887
20,162
-7.6%
10-K for the year ended 31 December 2015, filed 29 February 2016: the filing.