tradmap

BDN Financials BRANDYWINE REALTY TRUST

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 2.0% per year over the past 5 years.
  • Operating margin has contracted, at 5.5% in the latest year.

Financial health

  • Total debt ($2.6B) exceeds cash ($32M); net debt is $2.5B.
  • Total debt has grown faster than revenue (6.9% vs -2.0% per year).
  • Total debt is 13× EBITDA.
Revenue & net income
-$197M $192M $580M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-39% 18% 75% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $1 $1 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $1B $3B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$537M -$18M $501M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $484M -$178M 61.8% 5.5% $2.6B $32M
2024 $506M -$196M 62.9% 10.9% $2.2B $90M
2023 $515M -$197M 63.1% -4.2% $2.1B $58M
2022 $506M $54M 61.6% 23.7% $2.0B $18M
2021 $487M $12M 61.3% 19.2% $27M
2020 $535M $306M 61.6% 74.9% $1.8B $46M
2019 $580M $34M 61.1% 19.8% $2.1B $90M
2018 $544M $135M 59.9% 10.4% $2.0B $23M
2017 $520M $120M 60.4% 26.0% $1.9B $202M
2016 $525M $40M 60.1% 35.3% $2.0B $194M
2015 -$30M $2.4B $57M
2014 $7M $2.4B $258M
2013 $43M $2.6B $263M
2012 $7M $2.5B $2M
2011 -$4M $2.4B $410000

Valuation over time

How the market has priced BDN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 8.7 17.4 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 1.0 1.9 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is BDN growing its revenue and profit?

Over the past 5 years, BRANDYWINE REALTY TRUST's revenue has declined 2.0% per year. These are computed facts, not advice.

How much debt does BDN have?

As of FY2025, BRANDYWINE REALTY TRUST reported $2.6B of total debt against $32M of cash.

What is BDN's profit margin?

In FY2025, gross margin was 61.8%, operating margin 5.5%, and net margin -36.8%.

What is BDN's P/E ratio?

As of Jun '26, BRANDYWINE REALTY TRUST traded at a price-to-earnings ratio of about 17.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.