10 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 grown 2.6% per year over the past 5 years.
Financial health
Total debt ($2.5B) exceeds cash ($67M); net debt is $2.4B.
Total debt has grown in line with revenue (0.6% vs 2.6% per year).
Shareholder returns
Dividends have been paid for 8 consecutive years.
The dividend has grown 9.9% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$331M
-$31M
0.0%
0.0%
-3.3%
-0.9%
—
$2.5B
$67M
2024
$359M
-$132M
0.0%
0.0%
-12.6%
-3.5%
—
$2.5B
$302M
2023
$415M
-$16M
0.0%
0.0%
-1.2%
-0.4%
—
$2.7B
$258M
2022
$365M
$46M
0.0%
0.0%
3.3%
1.0%
—
$3.2B
$306M
2021
$194M
-$101M
0.0%
0.0%
-6.9%
-1.8%
—
$3.2B
$260M
2020
$291M
-$353M
0.0%
0.0%
-21.2%
-5.7%
—
$2.4B
$475M
2019
$589M
-$415M
0.0%
0.0%
-19.6%
-5.6%
—
$3.2B
$70M
2018
$501M
-$168M
0.0%
0.0%
-6.2%
-1.9%
—
$2.6B
$77M
2017
$189M
$89M
0.0%
0.0%
8.2%
4.8%
—
$390M
$25M
2016
$158M
$76M
0.0%
0.0%
—
—
—
—
$14M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$87M
$47M
0.0%
0.0%
5.3%
1.3%
—
$2.6B
$64M
Jun '26
$84M
-$18M
0.0%
0.0%
-2.1%
-0.5%
—
$2.7B
$68M
Mar '26
$85M
$5M
0.0%
0.0%
0.5%
0.1%
—
$2.6B
$97M
Dec '25
$83M
-$14M
0.0%
0.0%
-1.5%
-0.4%
—
$2.5B
$67M
Sep '25
$84M
$984000
0.0%
0.0%
0.1%
0.0%
—
$2.2B
$113M
Jun '25
$86M
-$23M
0.0%
0.0%
-2.3%
-0.7%
—
$2.3B
$154M
Mar '25
$78M
$5M
0.0%
0.0%
0.5%
0.2%
—
$2.3B
$201M
Dec '24
$83M
-$20M
0.0%
0.0%
-1.9%
-0.5%
—
$2.5B
$302M
Sep '24
$88M
$13M
0.0%
0.0%
1.2%
0.3%
—
$2.6B
$264M
Jun '24
$91M
-$68M
0.0%
0.0%
-6.2%
-1.8%
—
$2.5B
$203M
Mar '24
$96M
-$57M
0.0%
0.0%
-4.8%
-1.4%
—
$2.6B
$222M
Dec '23
$103M
-$16M
0.0%
0.0%
-1.3%
-0.4%
—
$2.7B
$258M
Sep '23
$103M
$12M
0.0%
0.0%
0.9%
0.3%
—
$2.8B
$236M
Jun '23
$99M
-$7M
0.0%
0.0%
-0.6%
-0.2%
—
$2.9B
$218M
Mar '23
$110M
-$4M
0.0%
0.0%
-0.3%
-0.1%
—
$3.1B
$314M
Dec '22
$104M
$4M
0.0%
0.0%
0.3%
0.1%
—
$3.2B
$306M
Sep '22
$97M
-$20M
0.0%
0.0%
-1.5%
-0.4%
—
$3.5B
$286M
Jun '22
$85M
$34M
0.0%
0.0%
2.4%
0.6%
—
$3.5B
$318M
Mar '22
$78M
$28M
0.0%
0.0%
1.9%
0.5%
—
$3.4B
$246M
Dec '21
$86M
$81M
0.0%
0.0%
5.6%
1.4%
—
$3.2B
$260M
Valuation over time
How the market has priced BRSP 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.
The price-to-earnings ratio has risen from 16.1× (Mar '23) to 20.3× (Dec '23).
The price-to-sales ratio has fallen from 2.0× (Mar '23) to 1.3× (Nov '26).
The dividend yield has risen from 13.5% (Mar '23) to 18.6% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is BRSP growing its revenue and profit?
Over the past 5 years, Brightspire Capital, Inc.'s revenue has grown 2.6% per year. These are computed facts, not advice.
How much debt does BRSP have?
As of FY2025, Brightspire Capital, Inc. reported $2.5B of total debt against $67M of cash.
What is BRSP's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin -9.4%.
What is BRSP's P/E ratio?
Brightspire Capital, Inc.'s P/E (TTM) is 23.32 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the BRSP stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 20.3× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.