Bxp (BXP) FY2022 results: revenue $3.1 billion, up 7.6% on the year
Bxp, Inc. (BXP) reported revenue of $3.1 billion for fiscal 2022, the year ended 31 December 2022, up 7.6% on the year before. Net income was $849 million, up 68.0%, and diluted earnings per share $5.40. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2023.
Revenue
$3.1 billion
+7.6% on the year
FY2015FY2022
Operating margin
34.1%
33.5% a year earlier
FY2015FY2022
Net income
$849 million
+68.0% on the year
FY2015FY2022
Diluted EPS
$5.40
+70.3% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ 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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,282
1,133
1,157
+13.2%
Capital expenditure
177
151
160
+17.2%
Free cash flow
1,105
982
997
+12.5%
Free cash flow margin
35.6%
34.0%
36.0%
Cash from investing
-1,603
-1,040
-614
Cash from financing
556
-1,311
484
Depreciation and amortisation
750
717
684
+4.5%
Share-based compensation
52.0
50.9
44.1
+2.3%
Dividends paid
685
684
689
+0.2%
Diluted shares, weighted
157m
156m
156m
+0.5%
Shares outstanding at period end
157m
157m
156m
+0.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
6,133
5,834
5,996
+5.1%
Non-controlling interest
2,231
2,199
2,344
+1.4%
Redeemable equity
6.6
9.6
6.9
-30.9%
Debt
14,240
12,897
13,048
+10.4%
Other liabilities
1,597
1,426
1,464
+12.0%
Total liabilities and equity
24,208
22,365
22,858
+8.2%
Cash and equivalents
690
453
1,669
+52.5%
Other assets
23,517
21,913
21,189
+7.3%
Total assets
24,208
22,365
22,858
+8.2%
10-K for the year ended 31 December 2022, filed 27 February 2023: the filing.