← BRANDYWINE REALTY TRUST
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $525.5m |
$520.5m
-0.95%
|
$544.3m
+4.58%
|
$580.4m
+6.63%
|
$534.9m
-7.85%
|
$486.8m
-8.98%
|
$506.1m
+3.96%
|
$514.7m
+1.69%
|
$505.5m
-1.77%
|
$484.5m
-4.17%
|
$498.3m
+2.86%
|
|
| Cost of Revenue | $209.4m |
$206.0m
-1.65%
|
$218.0m
+5.84%
|
$225.8m
+3.59%
|
$205.5m
-9.03%
|
$188.3m
-8.34%
|
$194.4m
+3.23%
|
$189.9m
-2.29%
|
$187.3m
-1.38%
|
$185.2m
-1.14%
|
$196.8m
+6.26%
|
|
| Gross Profit | $316.0m |
$314.5m
-0.48%
|
$326.3m
+3.76%
|
$354.6m
+8.66%
|
$329.4m
-7.10%
|
$298.5m
-9.38%
|
$311.7m
+4.42%
|
$324.7m
+4.17%
|
$318.2m
-2.01%
|
$299.3m
-5.95%
|
$301.5m
+0.75%
|
|
| General and Administrative Expense | $26.6m | $28.5m | $27.8m | $32.2m | $30.3m | $30.2m | $35.0m | $34.9m | $42.8m | $42.0m | $36.8m | |
| Operating Lease, Expense | — | — | $154.8m | $154.4m | — | — | — | — | — | — | — | |
| Operating Expenses | — | — | — | — | — | — | — | $189.9m | $187.3m | $185.2m | $222.1m | |
| Operating Income (Loss) | $59.2m |
$103.5m
+74.83%
|
$58.5m
-43.48%
|
$114.8m
+96.13%
|
$400.5m
+248.90%
|
$93.3m
-76.70%
|
$119.7m
+28.33%
|
($21.6m)
-118.02%
|
$54.9m
+354.30%
|
$26.7m
-51.42%
|
$79.4m
+197.78%
|
|
| Interest Expense, Debt | $84.7m | $81.9m | $78.2m | $81.5m | — | — | — | — | — | — | $159.0m | |
| Interest Income, Other | $1.2m | $1.1m | $4.7m | $2.3m | $1.9m | $8.3m | $1.9m | — | — | — | $4.1m | |
| Investment Income, Net | — | — | — | — | — | — | $1.9m | $1.7m | $3.8m | $4.4m | — | |
| Income (Loss) from Equity Method Investments | ($11.5m) | ($8.3m) | ($15.2m) | ($9.9m) | ($18.6m) | ($26.7m) | ($22.0m) | ($77.9m) | ($191.6m) | ($57.7m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $40.5m | $121.2m | $137.7m | $34.5m | $307.1m | $12.4m | $54.0m | ($197.3m) | ($196.5m) | ($178.8m) | ($143.2m) | |
| Current Income Tax Expense (Benefit) | — | — | $100k | ($100k) | ($200k) | $0 | $0 | $0 | $0 | $0 | $51k | |
| Real Estate Tax Expense | $46.3m | $45.2m | $51.3m | $62.2m | $63.0m | $53.6m | $53.6m | $50.0m | $47.7m | $43.6m | — | |
| Income Tax Expense (Benefit) | — | ($628k) | $423k | $12k | ($224k) | $47k | $55k | $72k | $14k | $112k | $51k | |
| Net Income (Loss) Attributable to Parent | $40.2m |
$120.8m
+200.69%
|
$136.3m
+12.80%
|
$34.3m
-74.86%
|
$305.5m
+791.61%
|
$12.3m
-95.98%
|
$53.8m
+337.99%
|
($196.8m)
-465.62%
|
($195.9m)
+0.45%
|
($178.2m)
+9.01%
|
($143.3m)
+19.60%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $33.0m |
$115.3m
+249.95%
|
$136.0m
+17.90%
|
$33.9m
-75.09%
|
$305.1m
+800.82%
|
$11.9m
-96.11%
|
$53.4m
+349.68%
|
($197.4m)
-469.80%
|
($197.1m)
+0.14%
|
($179.5m)
+8.93%
|
($143.3m)
+20.16%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $310k | $1.0m | $965k | $262k | $1.8m | $77k | $168k | ($614k) | ($580k) | ($620k) | ($143.3m) | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $341k | $327k | $369k | $396k | $410k | $421k | $456k | $567k | $1.2m | $1.2m | — | |
| Earnings Per Share, Basic | $0.19 | $0.66 | $0.76 | $0.19 | $1.77 | $0.07 | $0.31 | ($1.15) | ($1.14) | ($1.03) | ($0.82) | |
| Earnings Per Share, Diluted | $0.19 | $0.65 | $0.76 | $0.19 | $1.77 | $0.07 | $0.31 | ($1.15) | ($1.14) | ($1.03) | ($0.82) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $0 | $1 | $1 | $0 | $2 | $0 | $0 | ($1) | ($1) | ($1) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $0 | $1 | $1 | $0 | $2 | $0 | $0 | ($1) | ($1) | ($1) | — | |
| Common Stock, Dividends, Per Share, Declared | $0.63 | $0.00 | $0.73 | $0.76 | $0.76 | $0.76 | $0.76 | $0.68 | $0.60 | $0.53 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 175.0m | 175.5m | 178.5m | 176.1m | 171.9m | 170.9m | 171.5m | 172.0m | 172.5m | 173.5m | 173.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 176.0m | 176.8m | 179.6m | 176.7m | 172.3m | 172.3m | 172.3m | 172.0m | 172.5m | 173.5m | 173.9m | |
| Additional Financial Items | ||||||||||||
| Direct Costs of Leased and Rented Property or Equipment | $152.9m | $150.8m | — | — | — | — | — | — | — | — | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $40.2m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $40.5m | $1.0m | $965k | $262k | $1.8m | $77k | $168k | $614k | $580k | $620k | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | $1.0m | $965k | $262k | $1.8m | $77k | $168k | $614k | $580k | $620k | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | — | — | — | — | — | — | — | — | — | — |