Brixmor Property Group (BRX) Financials

$30.11 +0.23 (+0.77%)

Closing price 03:59 PM Eastern

Extended Trading

$30.12 +0.01 (+0.03%)

As of 04:51 PM Eastern

Annual Income Statements for Brixmor Property Group

This table shows Brixmor Property Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	194	275	300	276	275	121	-876	354	305	339	386
Consolidated Net Income / (Loss)	198	278	300	366	275	121	-876	354	305	339	386
Net Income / (Loss) Continuing Operations	198	278	296	321	275	121	-876	354	305	339	386
Total Pre-Tax Income	197	278	295	366	275	121	-876	354	305	339	386
Total Operating Income	429	474	455	412	413	319	-726	439	428	459	483
Total Gross Profit	1,256	1,267	1,278	1,224	1,168	1,053	5.97	1,077	1,099	1,132	1,209
Total Revenue	1,266	1,276	1,283	1,234	1,168	1,053	5.97	1,218	1,245	1,285	1,372
Operating Revenue	1,266	1,276	1,283	1,234	1,168	1,053	5.97	1,217	1,244	1,283	1,369
Other Revenue	-	-	-	-	-	-	-	0.71	1.19	1.63	2.13
Total Cost of Revenue	9.54	9.18	5.32	10	0.00	0.00	0.00	141	146	153	162
Operating Cost of Revenue	-	-	-	-	-	-	-	141	146	153	162
Total Operating Expenses	828	793	823	813	755	734	732	638	671	673	726
Selling, General & Admin Expense	228	226	228	230	227	210	237	117	117	116	113
Depreciation Expense	418	387	375	352	332	336	327	345	362	381	415
Other Operating Expenses / (Income)	181	174	179	177	171	169	166	170	174	164	178
Impairment Charge	1.01	5.15	40	53	24	20	1.90	5.72	18	11	20
Total Other Income / (Expense), net	-232	-196	-160	-45	-138	-198	-150	-84	-123	-120	-97
Interest Expense	243	228	226	252	191	228	223	193	186	215	225
Interest & Investment Income	0.32	0.54	0.37	0.52	0.70	0.48	0.30	0.31	0.67	21	7.74
Other Income / (Expense), net	11	31	66	206	52	30	73	108	63	75	120
Net Income / (Loss) Attributable to Noncontrolling Interest	3.82	2.51	0.08	-	-	-	-	0.00	0.00	0.00	0.03
Basic Earnings per Share	$0.65	$0.91	$0.98	$1.21	$0.92	$0.41	$0.91	$1.18	$1.01	$1.12	$1.26
Weighted Average Basic Shares Outstanding	298.00M	301.60M	304.83M	302.07M	298.23M	296.97M	297.41M	299.94M	300.98M	303.13M	307.18M
Diluted Earnings per Share	$0.65	$0.91	$0.98	$1.21	$0.92	$0.41	$0.90	$1.17	$1.01	$1.11	$1.25
Weighted Average Diluted Shares Outstanding	305.02M	305.06M	305.28M	302.34M	299.33M	297.90M	298.84M	301.74M	302.38M	304.04M	307.87M
Weighted Average Basic & Diluted Shares Outstanding	299.15M	304.41M	304.70M	298.64M	298.02M	296.76M	297.84M	300.52M	301.29M	305.93M	306.59M
Cash Dividends to Common per Share	$0.92	$1.00	$1.06	$1.11	$1.13	$0.50	$0.89	$0.98	$1.05	$1.11	$1.17

This table shows Brixmor Property Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	64	384	89	70	97	403	70	85	94	137	128
Consolidated Net Income / (Loss)	64	384	89	70	97	403	70	85	94	137	128
Net Income / (Loss) Continuing Operations	64	384	89	70	97	403	70	85	94	137	128
Total Pre-Tax Income	64	384	89	70	97	403	70	85	94	137	128
Total Operating Income	105	425	122	115	110	431	120	124	110	129	134
Total Gross Profit	272	552	283	279	284	568	298	300	302	309	313
Total Revenue	307	628	320	316	321	648	338	339	341	354	355
Operating Revenue	307	627	319	316	320	647	337	339	341	352	354
Other Revenue	0.20	-	0.75	0.10	0.69	-	0.27	0.10	0.23	1.54	0.48
Total Cost of Revenue	35	76	37	37	36	79	39	40	39	44	42
Operating Cost of Revenue	35	-	37	37	36	-	39	40	39	44	42
Total Operating Expenses	168	127	161	163	174	138	179	176	192	180	179
Selling, General & Admin Expense	29	-5.64	28	30	30	-9.22	28	29	27	29	28
Depreciation Expense	96	89	91	92	95	103	106	103	103	103	105
Other Operating Expenses / (Income)	42	43	41	36	43	44	45	44	45	44	45
Total Other Income / (Expense), net	-41	-41	-33	-45	-14	-28	-50	-39	-16	7.85	-6.35
Interest Expense	47	47	51	53	55	55	54	55	57	60	59
Interest & Investment Income	0.27	0.32	3.88	6.63	5.29	4.98	1.71	1.19	1.19	3.65	3.21
Other Income / (Expense), net	6.16	5.60	15	1.43	36	23	2.48	15	39	64	50
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	0.00	0.00	0.00	-	0.01	0.01	0.01	0.01	0.01
Basic Earnings per Share	$0.21	$0.24	$0.29	$0.23	$0.32	$0.28	$0.23	$0.28	$0.31	$0.44	$0.42
Weighted Average Basic Shares Outstanding	301.01M	300.98M	302.02M	302.20M	302.68M	303.13M	306.77M	306.98M	307.19M	307.18M	307.02M
Diluted Earnings per Share	$0.21	$0.24	$0.29	$0.23	$0.32	$0.27	$0.23	$0.28	$0.31	$0.43	$0.41
Weighted Average Diluted Shares Outstanding	302.51M	302.38M	302.71M	302.90M	303.61M	304.04M	307.25M	307.61M	308.08M	307.87M	307.68M
Weighted Average Basic & Diluted Shares Outstanding	-	301.29M	301.30M	301.35M	302.06M	305.93M	306.06M	306.10M	306.10M	306.59M	306.84M
Cash Dividends to Common per Share	$0.26	-	$0.27	$0.27	$0.27	-	$0.29	$0.29	$0.29	-	$0.31

This table details how cash moves in and out of Brixmor Property Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-2.77	-8.12	7.91	-60	-29	349	-72	311	-2.36	360	-17
Net Cash From Operating Activities	524	567	552	542	529	443	552	566	589	625	652
Net Cash From Continuing Operating Activities	524	567	552	542	529	443	552	1,154	589	625	652
Net Income / (Loss) Continuing Operations	198	278	300	366	275	121	270	708	305	339	386
Consolidated Net Income / (Loss)	198	278	300	366	275	121	270	708	305	339	386
Depreciation Expense	418	387	375	352	332	336	327	689	362	381	415
Amortization Expense	-58	-42	-28	-19	-7.20	-6.46	-3.03	-4.04	-4.97	-4.40	-9.91
Non-Cash Adjustments To Reconcile Net Income	7.64	-17	-21	-109	-16	24	-26	-194	-31	-50	-85
Changes in Operating Assets and Liabilities, net	-42	-39	-75	-48	-55	-31	-16	-46	-42	-42	-54
Net Cash From Investing Activities	-191	-142	-53	670	-172	-167	-331	-462	-163	-437	-452
Net Cash From Continuing Investing Activities	-191	-142	-53	670	-172	-167	-331	-462	-163	-437	-452
Purchase of Property, Plant & Equipment	-52	-47	-190	-17	-80	-3.43	-259	-410	-2.27	-294	-421
Purchase of Investments	-24	-46	-28	-33	-38	-23	-17	-25	-21	-30	-16
Sale of Property, Plant & Equipment	-	-	-	958	290	122	237	280	182	210	289
Sale and/or Maturity of Investments	76	147	356	31	50	21	16	23	23	30	15
Other Investing Activities, net	-190	-195	-203	-269	-395	-285	-309	-330	-345	-353	-320
Net Cash From Financing Activities	-336	-434	-491	-1,271	-386	73	-294	-380	-428	172	-217
Net Cash From Continuing Financing Activities	-336	-434	-491	-1,271	-386	73	-294	-380	-428	172	-217
Repayment of Debt	-2,251	-1,772	-1,839	-1,581	-1,093	-1,195	-884	-933	-827	-474	-1,309
Payment of Dividends	-295	-299	-319	-333	-335	-170	-257	-290	-315	-331	-354
Issuance of Debt	2,211	1,641	1,675	750	1,059	1,466	848	800	726	876	1,459
Issuance of Common Equity	-	-	-	-	0.00	0.00	5.15	53	0.00	115	-0.45
Other Financing Activities, net	-0.82	-3.30	-2.71	-1.88	-1.72	-3.54	-5.51	-10	-11	-14	-12
Cash Interest Paid	244	228	223	213	179	183	191	187	187	189	220
Cash Income Taxes Paid	2.28	2.07	2.20	2.18	2.13	3.58	1.65	1.95	2.32	2.28	2.40

This table details how cash moves in and out of Brixmor Property Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	3.82	598	400	57	-23	568	-271	13	256	-15	63
Net Cash From Operating Activities	159	135	129	184	157	155	130	181	168	172	141
Net Cash From Continuing Operating Activities	159	733	129	184	157	797	130	181	168	172	141
Net Income / (Loss) Continuing Operations	64	378	89	70	97	423	70	85	94	137	128
Consolidated Net Income / (Loss)	64	378	89	70	97	423	70	85	94	137	128
Depreciation Expense	96	452	91	92	95	485	106	103	103	103	105
Amortization Expense	-1.23	-1.78	-0.61	-0.88	-0.62	-2.29	-1.46	-3.06	-3.95	-1.44	-2.80
Non-Cash Adjustments To Reconcile Net Income	-0.99	-70	-12	8.63	-26	-99	1.04	-11	-20	-55	-50
Changes in Operating Assets and Liabilities, net	0.81	-25	-39	14	-7.20	-9.27	-45	6.76	-5.40	-11	-39
Net Cash From Investing Activities	-81	-70	-9.18	-108	-79	-241	-63	-86	-205	-98	35
Net Cash From Continuing Investing Activities	-81	-70	-9.18	-108	-79	-241	-63	-71	-220	-98	35
Purchase of Property, Plant & Equipment	-	-0.36	0.00	-	-64	-212	-3.14	-4.33	-222	-191	0.00
Purchase of Investments	-0.17	-0.90	-4.37	-10	-11	-4.01	-4.48	-1.10	-8.24	-1.72	-1.04
Sale of Property, Plant & Equipment	17	20	67	2.09	73	68	22	22	79	166	106
Sale and/or Maturity of Investments	0.79	1.87	4.81	7.94	13	4.78	5.04	1.65	5.96	2.15	1.74
Other Investing Activities, net	-98	-91	-77	-90	-88	-98	-83	-89	-74	-75	-71
Net Cash From Financing Activities	-74	-65	280	-19	-101	12	-338	-97	307	-89	-114
Net Cash From Continuing Financing Activities	-74	-65	280	-19	-101	12	-338	-97	307	-89	-114
Repayment of Debt	-105	-152	-102	-334	-38	-	-1,043	-8.61	-257	-0.08	-0.22
Payment of Dividends	-78	-78	-84	-82	-82	-83	-89	-88	-88	-88	-97
Issuance of Debt	110	166	479	397	-	-	806	-	652	-	0.00
Issuance of Common Equity	-	-	0.00	-	-	96	-0.08	-0.07	-0.10	-0.21	-0.03
Other Financing Activities, net	-0.00	-0.01	-13	-	-0.02	-1.08	-12	-0.57	-0.01	-0.05	-16
Cash Interest Paid	49	43	49	35	67	37	73	37	60	49	67

This table presents Brixmor Property Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	9,498	9,320	9,154	8,242	8,142	8,342	8,377	8,436	8,333	8,909	9,133
Total Current Assets	250	230	289	270	274	609	532	307	318	681	698
Cash & Equivalents	70	51	57	42	19	369	297	16	0.87	378	334
Restricted Cash	-	-	-	-	2.43	-	-	4.77	18	1.08	27
Short-Term Investments	-	-	-	-	18	-	-	22	20	20	21
Accounts Receivable	180	178	232	228	234	240	235	264	279	282	315
Plant, Property, & Equipment, net	9,052	8,842	8,560	7,750	7,642	7,504	7,615	7,902	7,797	7,999	8,199
Plant, Property & Equipment, gross	10,933	11,009	10,921	10,099	10,124	10,164	10,428	10,898	10,996	11,409	11,787
Accumulated Depreciation	1,881	2,167	2,361	2,349	2,481	2,659	2,813	2,997	3,199	3,410	3,589
Total Noncurrent Assets	196	248	304	223	15,511	229	231	227	218	229	236
Other Noncurrent Operating Assets	191	240	304	223	226	229	231	227	218	229	236
Total Liabilities & Shareholders' Equity	9,498	9,320	9,154	8,242	8,142	8,342	8,377	8,436	8,333	8,909	9,133
Total Liabilities	6,578	6,393	6,246	5,406	5,399	5,661	5,659	5,571	5,482	5,925	6,123
Total Current Liabilities	603	554	569	520	537	494	495	535	549	585	628
Accounts Payable	603	554	569	520	537	494	495	535	549	585	628
Total Noncurrent Liabilities	5,974	5,839	5,676	4,886	4,861	5,167	5,165	5,036	4,934	5,340	5,495
Long-Term Debt	-	-	-	-	4,861	-	-	5,036	4,934	5,340	5,495
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,920	2,927	2,908	2,836	2,744	2,681	2,718	2,865	2,850	2,984	3,010
Total Preferred & Common Equity	2,870	2,923	2,908	2,836	2,744	2,681	2,718	2,865	2,850	2,984	3,010
Total Common Equity	2,870	2,923	2,908	2,836	2,744	2,681	2,718	2,865	2,850	2,984	3,010
Common Stock	3,273	3,328	3,334	3,236	3,234	3,217	3,235	3,302	3,314	3,434	3,441
Accumulated Other Comprehensive Income / (Loss)	-2.51	22	24	16	-9.54	-28	-13	8.85	-2.70	8.22	1.72
Other Equity Adjustments	-401	-427	-449	-416	-480	-508	-504	-446	-461	-459	-433
Noncontrolling Interest	51	4.28	-	-	-	-	-	-	0.00	0.24	0.24

This table presents Brixmor Property Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	8,486	8,355	8,317	8,336	8,644	8,731	8,750	8,595	8,606	9,049	9,103
Total Current Assets	302	250	289	302	686	748	734	401	409	704	748
Cash & Equivalents	24	3.43	14	0.86	407	474	451	107	105	332	324
Restricted Cash	7.66	-	-	18	11	-	1.12	0.89	-	45	101
Short-Term Investments	22	-	21	21	20	22	21	20	19	22	20
Accounts Receivable	249	247	254	263	248	253	261	274	285	306	303
Plant, Property, & Equipment, net	7,930	7,835	7,802	7,793	7,737	7,747	7,793	7,964	7,937	8,100	8,109
Plant, Property & Equipment, gross	10,874	10,858	10,881	10,924	10,988	11,062	11,165	11,410	11,437	11,660	11,745
Accumulated Depreciation	2,944	3,023	3,079	3,131	3,252	3,315	3,373	3,446	3,499	3,561	3,636
Total Noncurrent Assets	253	269	226	241	222	236	223	229	259	245	246
Other Noncurrent Operating Assets	253	269	226	241	222	236	223	229	259	245	246
Total Liabilities & Shareholders' Equity	8,486	8,355	8,317	8,336	8,644	8,731	8,750	8,595	8,606	9,049	9,103
Total Liabilities	5,658	5,467	5,440	5,468	5,785	5,876	5,869	5,641	5,653	6,086	6,066
Total Current Liabilities	548	509	527	548	474	500	531	537	556	593	570
Accounts Payable	548	509	527	548	474	500	531	537	556	593	570
Total Noncurrent Liabilities	5,109	4,958	4,913	4,919	5,311	5,375	5,339	5,104	5,097	5,493	5,496
Long-Term Debt	5,109	-	4,913	4,919	5,311	5,375	5,339	5,104	5,097	5,493	5,496
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,828	2,888	2,876	2,868	2,859	2,855	2,881	2,954	2,953	2,963	3,037
Total Preferred & Common Equity	2,828	2,888	2,876	2,868	2,859	2,855	2,881	2,954	2,953	2,963	3,037
Total Common Equity	2,828	2,888	2,876	2,868	2,859	2,855	2,881	2,954	2,953	2,963	3,037
Common Stock	3,295	3,296	3,301	3,307	3,304	3,310	3,335	3,427	3,432	3,436	3,427
Accumulated Other Comprehensive Income / (Loss)	8.03	5.12	11	12	9.53	12	-0.76	4.08	2.08	1.90	9.41
Other Equity Adjustments	-475	-413	-436	-451	-455	-468	-454	-477	-481	-475	-400
Noncontrolling Interest	-	-	-	-	-	-	-	0.25	0.26	0.27	0.25

This table displays calculated financial ratios and metrics derived from Brixmor Property Group's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.38%	0.77%	0.58%	-3.81%	-5.35%	-9.84%	-99.43%	20,303.25%	2.21%	3.21%	6.73%
EBITDA Growth	3.75%	6.12%	2.21%	9.53%	-16.86%	-14.27%	-148.56%	474.26%	-1.75%	6.77%	10.71%
EBIT Growth	13.84%	14.67%	3.29%	18.54%	-24.67%	-25.08%	-287.33%	183.66%	-10.20%	8.79%	13.03%
NOPAT Growth	8.63%	10.57%	-3.94%	-9.62%	0.42%	-22.75%	-259.27%	186.27%	-2.46%	7.30%	5.23%
Net Income Growth	48.69%	40.81%	7.99%	21.94%	-24.98%	-55.90%	-823.03%	140.43%	-13.86%	11.21%	13.85%
EPS Growth	80.56%	40.00%	7.69%	23.47%	-23.97%	-55.43%	119.51%	30.00%	-13.68%	9.90%	12.61%
Operating Cash Flow Growth	9.35%	8.30%	-2.74%	-1.86%	-2.40%	-16.19%	24.63%	2.56%	3.96%	6.10%	4.37%
Free Cash Flow Firm Growth	-24.94%	-9.18%	4.39%	-0.67%	-1,030.05%	227.88%	-111.09%	-708.47%	110.81%	-48.30%	2.27%
Invested Capital Growth	-2.36%	0.78%	-0.57%	-2.00%	170.74%	-69.44%	4.74%	224.46%	-1.43%	2.32%	2.49%
Revenue Q/Q Growth	0.87%	-0.12%	-0.31%	-1.78%	-0.38%	-2.20%	-99.29%	570.48%	297.92%	6,050.35%	1.88%
EBITDA Q/Q Growth	114.20%	138.81%	104.57%	1.98%	-4.70%	-1.94%	-215.29%	410.12%	3,652.01%	450.31%	-24.20%
EBIT Q/Q Growth	7,224.47%	6,008.53%	576.82%	2.96%	-6.94%	-4.18%	-1,504.36%	174.64%	223.48%	172.89%	10.86%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-4.23%	1.70%	-4.79%	-990.33%	174.08%	221.00%	182.96%	3.88%
Net Income Q/Q Growth	18.23%	15.30%	-7.23%	2.14%	-5.34%	-23.71%	-161.30%	140.54%	152.18%	136.73%	16.16%
EPS Q/Q Growth	20.37%	15.19%	-7.55%	2.54%	-5.15%	-22.64%	-11.76%	50.00%	-10.62%	2.78%	14.68%
Operating Cash Flow Q/Q Growth	0.99%	6.42%	-2.73%	2.01%	-2.36%	-2.05%	1.45%	-0.30%	1.66%	3.29%	2.68%
Free Cash Flow Firm Q/Q Growth	784.51%	1,144.53%	1,309.03%	0.47%	-921.11%	479.57%	91.97%	-491.09%	348.50%	150.73%	87.51%
Invested Capital Q/Q Growth	-1.49%	0.54%	-1.38%	-2.11%	177.09%	9.88%	-75.17%	-0.34%	-0.04%	2.31%	0.79%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	99.25%	99.28%	99.59%	99.18%	100.00%	100.00%	100.00%	88.39%	88.24%	88.11%	88.17%
EBITDA Margin	63.23%	66.58%	67.67%	77.05%	67.68%	64.36%	-5,513.70%	101.14%	97.22%	100.57%	73.53%
Operating Margin	33.86%	37.15%	35.48%	33.34%	35.37%	30.31%	-12,166.20%	36.01%	34.36%	35.72%	35.22%
EBIT Margin	34.76%	39.55%	40.62%	50.06%	39.84%	33.11%	-10,942.96%	44.87%	39.42%	41.55%	44.00%
Profit (Net Income) Margin	15.60%	21.80%	23.41%	29.67%	23.52%	11.50%	-14,675.33%	29.08%	24.50%	26.40%	28.16%
Tax Burden Percent	100.23%	100.17%	101.67%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	44.78%	55.02%	56.68%	59.28%	59.03%	34.75%	134.11%	64.81%	62.16%	63.54%	64.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	14.88%	16.59%	15.92%	14.58%	7.98%	6.46%	-21.48%	8.53%	5.48%	5.86%	6.02%
ROIC Less NNEP Spread (ROIC-NNEP)	344.55%	309.16%	282.43%	106.22%	2.18%	-2.43%	89.05%	4.94%	3.00%	3.42%	4.10%
Return on Net Nonoperating Assets (RNNOA)	-8.19%	-7.08%	-5.63%	-1.82%	1.87%	-2.00%	-10.97%	4.15%	5.19%	5.77%	6.87%
Return on Equity (ROE)	6.70%	9.51%	10.29%	12.75%	9.85%	4.47%	-32.45%	12.69%	10.68%	11.63%	12.89%
Cash Return on Invested Capital (CROIC)	17.27%	15.82%	16.50%	16.60%	-84.13%	112.84%	-26.12%	-97.23%	6.93%	3.57%	3.56%
Operating Return on Assets (OROA)	4.59%	5.36%	5.64%	7.10%	5.68%	4.23%	-7.81%	6.50%	5.85%	6.19%	6.69%
Return on Assets (ROA)	2.06%	2.96%	3.25%	4.21%	3.35%	1.47%	-10.48%	4.21%	3.64%	3.94%	4.28%
Return on Common Equity (ROCE)	6.55%	9.42%	10.29%	12.75%	9.85%	4.47%	-32.45%	12.69%	10.68%	11.63%	12.89%
Return on Equity Simple (ROE_SIMPLE)	6.88%	9.52%	10.33%	12.92%	10.01%	4.52%	-32.23%	12.36%	10.70%	11.37%	0.00%
Net Operating Profit after Tax (NOPAT)	429	474	455	412	413	319	-508	439	428	459	483
NOPAT Margin	33.86%	37.15%	35.48%	33.34%	35.37%	30.31%	-8,516.34%	36.01%	34.36%	35.72%	35.22%
Net Nonoperating Expense Percent (NNEP)	-329.67%	-292.56%	-266.50%	-91.65%	5.79%	8.90%	-110.53%	3.60%	2.48%	2.44%	1.93%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	5.55%	5.50%	5.51%	5.68%
Cost of Revenue to Revenue	0.75%	0.72%	0.41%	0.82%	0.00%	0.00%	0.00%	11.61%	11.76%	11.89%	11.83%
SG&A Expenses to Revenue	18.00%	17.69%	17.79%	18.62%	19.45%	19.93%	3,978.16%	9.62%	9.41%	9.06%	8.21%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	65.39%	62.13%	64.10%	65.85%	64.63%	69.69%	12,266.20%	52.38%	53.87%	52.39%	52.95%
Earnings before Interest and Taxes (EBIT)	440	505	521	618	465	349	-653	547	491	534	604
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	800	849	868	951	791	678	-329	1,232	1,210	1,292	1,009
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.73	1.70	1.38	1.17	1.88	1.54	2.44	2.14	2.32	2.79	2.64
Price to Tangible Book Value (P/TBV)	1.73	1.70	1.38	1.17	1.88	1.54	2.44	2.14	2.32	2.79	2.64
Price to Revenue (P/Rev)	3.92	3.89	3.12	2.68	4.42	3.93	1,112.77	5.03	5.31	6.48	5.78
Price to Earnings (P/E)	25.64	18.03	13.34	12.00	18.78	34.15	0.00	17.30	21.68	24.53	20.53
Dividend Yield	5.41%	6.00%	7.92%	9.96%	6.47%	8.10%	3.84%	4.70%	4.73%	3.96%	4.44%
Earnings Yield	3.90%	5.55%	7.50%	8.33%	5.33%	2.93%	0.00%	5.78%	4.61%	4.08%	4.87%
Enterprise Value to Invested Capital (EV/IC)	1.74	1.71	1.38	1.17	1.32	1.63	2.62	1.42	1.49	1.67	1.61
Enterprise Value to Revenue (EV/Rev)	3.90	3.85	3.08	2.65	8.54	3.58	1,063.08	9.13	9.24	10.32	9.51
Enterprise Value to EBITDA (EV/EBITDA)	6.17	5.78	4.55	3.44	12.62	5.56	0.00	9.03	9.51	10.26	12.93
Enterprise Value to EBIT (EV/EBIT)	11.22	9.74	7.57	5.29	21.44	10.81	0.00	20.35	23.45	24.84	21.61
Enterprise Value to NOPAT (EV/NOPAT)	11.52	10.37	8.67	7.94	24.15	11.81	0.00	25.35	26.90	28.89	27.00
Enterprise Value to Operating Cash Flow (EV/OCF)	9.43	8.66	7.15	6.03	18.88	8.51	11.49	19.63	19.55	21.23	20.00
Enterprise Value to Free Cash Flow (EV/FCFF)	9.93	10.87	8.37	6.98	0.00	0.68	0.00	0.00	21.30	47.47	45.65
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	1.77	0.00	0.00	1.76	1.73	1.79	1.83
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	1.77	0.00	0.00	1.76	1.73	1.79	1.83
Financial Leverage	-0.02	-0.02	-0.02	-0.02	0.86	0.82	-0.12	0.84	1.73	1.69	1.68
Leverage Ratio	3.25	3.22	3.17	3.03	2.94	3.04	3.10	3.01	2.93	2.96	3.01
Compound Leverage Factor	1.46	1.77	1.79	1.80	1.73	1.06	4.15	1.95	1.82	1.88	1.93
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	63.92%	0.00%	0.00%	63.74%	63.38%	64.15%	64.61%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	63.92%	0.00%	0.00%	63.74%	63.38%	64.15%	64.61%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.73%	0.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	98.27%	99.85%	100.00%	100.00%	36.08%	100.00%	100.00%	36.26%	36.62%	35.85%	35.39%
Debt to EBITDA	0.00	0.00	0.00	0.00	6.15	0.00	0.00	4.09	4.08	4.13	5.45
Net Debt to EBITDA	0.00	0.00	0.00	0.00	6.10	0.00	0.00	4.05	4.04	3.82	5.07
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	6.15	0.00	0.00	4.09	4.08	4.13	5.45
Debt to NOPAT	0.00	0.00	0.00	0.00	11.76	0.00	0.00	11.48	11.53	11.63	11.38
Net Debt to NOPAT	0.00	0.00	0.00	0.00	11.67	0.00	0.00	11.38	11.44	10.76	10.58
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	11.76	0.00	0.00	11.48	11.53	11.63	11.38
Altman Z-Score	0.69	0.74	0.68	0.73	0.87	0.72	0.45	0.99	1.03	1.20	1.15
Noncontrolling Interest Sharing Ratio	2.15%	0.94%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.41	0.41	0.51	0.52	0.51	1.23	1.07	0.57	0.58	1.16	1.11
Quick Ratio	0.41	0.41	0.51	0.52	0.51	1.23	1.07	0.56	0.55	1.16	1.07
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	498	452	472	469	-4,358	5,573	-618	-4,997	540	279	286
Operating Cash Flow to CapEx	1,003.67%	1,211.72%	289.76%	0.00%	0.00%	0.00%	2,580.19%	436.10%	0.00%	746.91%	496.11%
Free Cash Flow to Firm to Interest Expense	2.05	1.99	2.09	1.86	-22.77	24.44	-2.77	-25.94	2.90	1.30	1.27
Operating Cash Flow to Interest Expense	2.15	2.49	2.44	2.15	2.76	1.94	2.48	2.94	3.16	2.90	2.90
Operating Cash Flow Less CapEx to Interest Expense	1.94	2.29	1.60	5.88	3.86	2.46	2.38	2.27	4.12	2.51	2.31
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.13	0.14	0.14	0.14	0.14	0.13	0.00	0.14	0.15	0.15	0.15
Accounts Receivable Turnover	6.98	7.11	6.25	5.36	5.05	4.44	0.03	4.88	4.59	4.58	4.59
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.14	0.14	0.15	0.15	0.15	0.14	0.00	0.16	0.16	0.16	0.17
Accounts Payable Turnover	0.01	0.02	0.01	0.02	0.00	0.00	0.00	0.27	0.27	0.27	0.27
Days Sales Outstanding (DSO)	52.32	51.31	58.36	68.07	72.26	82.23	14,526.51	74.77	79.58	79.63	79.44
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	24,534.98	22,997.84	38,501.43	19,727.07	0.00	0.00	0.00	1,329.24	1,351.01	1,354.35	1,364.74
Cash Conversion Cycle (CCC)	-24,482.67	-22,946.53	-38,443.07	-19,659.00	72.26	82.23	14,526.51	-1,254.48	-1,271.43	-1,274.72	-1,285.29
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,846	2,868	2,851	2,794	7,565	2,312	2,422	7,858	7,745	7,925	8,122
Invested Capital Turnover	0.44	0.45	0.45	0.44	0.23	0.21	0.00	0.24	0.16	0.16	0.17
Increase / (Decrease) in Invested Capital	-69	22	-16	-57	4,771	-5,253	110	5,436	-113	180	197
Enterprise Value (EV)	4,939	4,913	3,948	3,269	9,981	3,769	6,347	11,120	11,510	13,263	13,043
Market Capitalization	4,963	4,968	4,005	3,310	5,160	4,138	6,643	6,127	6,615	8,322	7,931
Book Value per Share	$9.61	$9.60	$9.54	$9.46	$9.21	$9.04	$9.15	$9.55	$9.48	$9.88	$9.83
Tangible Book Value per Share	$9.61	$9.60	$9.54	$9.46	$9.21	$9.04	$9.15	$9.55	$9.48	$9.88	$9.83
Total Capital	2,920	2,927	2,908	2,836	7,605	2,681	2,718	7,901	7,784	8,324	8,505
Total Debt	0.00	0.00	0.00	0.00	4,861	0.00	0.00	5,036	4,934	5,340	5,495
Total Long-Term Debt	0.00	0.00	0.00	0.00	4,861	0.00	0.00	5,036	4,934	5,340	5,495
Net Debt	-75	-59	-57	-42	4,822	-369	-297	4,993	4,895	4,941	5,112
Capital Expenditures (CapEx)	52	47	190	-941	-211	-119	21	130	-180	84	131
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-423	-375	-337	-292	-303	-254	-260	-271	-270	-303	-313
Debt-free Net Working Capital (DFNWC)	-353	-324	-280	-250	-264	115	37	-228	-231	96	70
Net Working Capital (NWC)	-353	-324	-280	-250	-264	115	37	-228	-231	96	70
Net Nonoperating Expense (NNE)	231	196	155	45	138	198	368	84	123	120	97
Net Nonoperating Obligations (NNO)	-75	-59	-57	-42	4,822	-369	-297	4,993	4,895	4,941	5,112
Total Depreciation and Amortization (D&A)	360	345	347	333	325	329	324	685	720	758	405
Debt-free, Cash-free Net Working Capital to Revenue	-33.41%	-29.43%	-26.28%	-23.67%	-25.95%	-24.10%	-4,349.35%	-22.27%	-21.70%	-23.60%	-22.83%
Debt-free Net Working Capital to Revenue	-27.92%	-25.40%	-21.84%	-20.29%	-22.57%	10.91%	619.36%	-18.75%	-18.58%	7.45%	5.08%
Net Working Capital to Revenue	-27.92%	-25.40%	-21.84%	-20.29%	-22.57%	10.91%	619.36%	-18.75%	-18.58%	7.45%	5.08%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.65	$0.91	$0.98	$1.21	$0.92	$0.41	$0.91	$1.18	$1.01	$1.12	$1.26
Adjusted Weighted Average Basic Shares Outstanding	298.00M	301.60M	304.83M	302.07M	298.23M	296.97M	297.41M	299.94M	300.98M	303.13M	307.18M
Adjusted Diluted Earnings per Share	$0.65	$0.91	$0.98	$1.21	$0.92	$0.41	$0.90	$1.17	$1.01	$1.11	$1.25
Adjusted Weighted Average Diluted Shares Outstanding	305.02M	305.06M	305.28M	302.34M	299.33M	297.90M	298.84M	301.74M	302.38M	304.04M	307.87M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	299.15M	304.41M	304.70M	298.64M	298.02M	296.76M	297.84M	300.52M	301.29M	305.93M	306.59M
Normalized Net Operating Profit after Tax (NOPAT)	301	335	347	325	306	237	-507	311	312	329	352
Normalized NOPAT Margin	23.76%	26.29%	27.02%	26.36%	26.22%	22.52%	-8,494.08%	25.53%	25.06%	25.61%	25.70%
Pre Tax Income Margin	15.57%	21.76%	23.02%	29.67%	23.52%	11.50%	-14,675.33%	29.08%	24.50%	26.40%	28.16%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.81	2.22	2.30	2.45	2.43	1.53	-2.93	2.84	2.63	2.48	2.68
NOPAT to Interest Expense	1.76	2.08	2.01	1.63	2.16	1.40	-2.28	2.28	2.30	2.13	2.15
EBIT Less CapEx to Interest Expense	1.59	2.01	1.46	6.18	3.53	2.05	-3.02	2.16	3.60	2.09	2.10
NOPAT Less CapEx to Interest Expense	1.55	1.88	1.17	5.36	3.26	1.92	-2.37	1.60	3.26	1.74	1.56
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	149.13%	107.48%	106.13%	91.03%	121.88%	140.62%	-29.36%	81.77%	103.34%	97.62%	91.73%
Augmented Payout Ratio	149.13%	107.48%	108.08%	119.61%	127.18%	161.26%	-29.36%	81.77%	103.34%	97.62%	91.73%

This table displays calculated financial ratios and metrics derived from Brixmor Property Group's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	306,589,758.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	306,589,758.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.42
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.84%	-31.25%	139.49%	1.90%	4.35%	3.24%	5.39%	7.54%	6.29%	7.71%	5.13%
EBITDA Growth	-3.43%	-26.31%	-44.26%	10.71%	17.03%	6.26%	-0.38%	14.84%	3.37%	25.32%	26.56%
EBIT Growth	-13.68%	-43.31%	-21.80%	17.47%	32.36%	5.26%	-10.55%	18.65%	2.07%	44.17%	50.63%
NOPAT Growth	-7.70%	-40.09%	0.38%	19.85%	5.48%	1.32%	-1.91%	7.15%	0.02%	16.22%	12.09%
Net Income Growth	-20.07%	-46.05%	-15.94%	24.32%	51.94%	4.97%	-21.56%	21.42%	-2.68%	64.41%	83.20%
EPS Growth	-19.23%	-33.33%	-21.62%	21.05%	52.38%	12.50%	-20.69%	21.74%	-3.13%	59.26%	78.26%
Operating Cash Flow Growth	-4.82%	7.66%	-4.84%	14.78%	-0.69%	14.70%	1.22%	-1.13%	6.85%	10.97%	8.53%
Free Cash Flow Firm Growth	-87.86%	111.38%	-206.06%	-47.30%	-53.05%	-53.31%	98.34%	-149.70%	-278.88%	0.58%	70.73%
Invested Capital Growth	-1.73%	-1.43%	168.11%	-0.26%	-0.03%	2.32%	2.56%	2.47%	4.04%	2.49%	1.98%
Revenue Q/Q Growth	-0.80%	104.23%	0.00%	41,879.92%	1.58%	102.05%	-47.91%	0.59%	0.40%	3.79%	0.30%
EBITDA Q/Q Growth	9.56%	327.84%	0.00%	325.20%	15.81%	288.47%	-75.82%	5.58%	4.24%	18.22%	-2.73%
EBIT Q/Q Growth	11.39%	288.65%	0.00%	163.87%	25.52%	209.06%	-73.06%	13.55%	7.98%	28.90%	-4.69%
NOPAT Q/Q Growth	8.67%	306.17%	0.00%	183.49%	-4.36%	290.17%	-72.22%	3.38%	-10.73%	17.09%	3.73%
Net Income Q/Q Growth	12.99%	502.21%	0.00%	130.41%	38.10%	316.04%	-82.69%	22.10%	10.68%	45.51%	-6.84%
EPS Q/Q Growth	10.53%	14.29%	0.00%	-20.69%	39.13%	-15.63%	-14.81%	21.74%	10.71%	38.71%	-4.65%
Operating Cash Flow Q/Q Growth	-0.82%	-14.69%	-12.57%	42.80%	-14.19%	-1.46%	-16.17%	39.49%	-7.27%	2.34%	-18.01%
Free Cash Flow Firm Q/Q Growth	-6.20%	123.33%	0.00%	102.71%	-16.43%	122.10%	-131.34%	14.56%	-200.80%	66.35%	66.15%
Invested Capital Q/Q Growth	-0.08%	-0.04%	0.00%	0.03%	0.14%	2.31%	0.08%	-0.06%	1.67%	0.79%	-0.42%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	88.59%	87.94%	100.00%	88.31%	88.64%	87.74%	88.38%	88.25%	88.59%	87.48%	88.19%
EBITDA Margin	66.98%	140.32%	-12,282.45%	65.89%	75.12%	144.43%	67.04%	70.36%	73.06%	83.22%	80.70%
Operating Margin	34.06%	67.73%	-26,266.22%	36.57%	34.43%	66.48%	35.45%	36.43%	32.40%	36.55%	37.80%
EBIT Margin	36.06%	68.63%	-24,331.52%	37.02%	45.74%	69.97%	36.18%	40.84%	43.93%	54.56%	51.84%
Profit (Net Income) Margin	20.74%	61.16%	-30,662.77%	22.21%	30.20%	62.18%	20.66%	25.08%	27.65%	38.76%	36.01%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	57.51%	89.11%	126.02%	60.00%	66.02%	88.87%	57.11%	61.41%	62.94%	71.05%	69.45%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	1.36%	10.81%	-5.65%	0.04%	0.09%	10.90%	5.89%	6.17%	5.52%	6.25%	6.55%
ROIC Less NNEP Spread (ROIC-NNEP)	0.54%	9.97%	-9.44%	-0.89%	-0.19%	10.34%	4.88%	5.39%	5.19%	6.40%	6.43%
Return on Net Nonoperating Assets (RNNOA)	0.94%	17.26%	-8.00%	-1.52%	-0.31%	17.43%	8.27%	9.14%	8.85%	10.74%	10.76%
Return on Equity (ROE)	2.30%	28.07%	-13.64%	-1.49%	-0.22%	28.33%	14.17%	15.31%	14.37%	16.99%	17.31%
Cash Return on Invested Capital (CROIC)	-2.78%	6.93%	-102.09%	-6.94%	-7.11%	3.57%	3.30%	3.50%	1.93%	3.56%	4.25%
Operating Return on Assets (OROA)	1.34%	10.19%	-4.67%	0.03%	0.11%	10.43%	5.47%	6.25%	6.65%	8.30%	8.14%
Return on Assets (ROA)	0.77%	9.08%	-5.88%	0.02%	0.07%	9.27%	3.12%	3.84%	4.18%	5.89%	5.65%
Return on Common Equity (ROCE)	2.30%	28.07%	-13.64%	-1.49%	-0.22%	28.33%	14.17%	15.31%	14.37%	16.99%	17.31%
Return on Equity Simple (ROE_SIMPLE)	-20.38%	0.00%	-33.94%	-33.51%	-32.06%	0.00%	10.84%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	105	425	-138	115	110	431	120	124	110	129	134
NOPAT Margin	34.06%	67.73%	-18,386.36%	36.57%	34.43%	66.48%	35.45%	36.43%	32.40%	36.55%	37.80%
Net Nonoperating Expense Percent (NNEP)	0.82%	0.84%	3.79%	0.93%	0.28%	0.57%	1.01%	0.78%	0.32%	-0.16%	0.13%
Return On Investment Capital (ROIC_SIMPLE)	-	5.46%	-	-	-	5.17%	1.48%	1.54%	1.31%	1.52%	1.57%
Cost of Revenue to Revenue	11.41%	12.06%	0.00%	11.69%	11.36%	12.26%	11.62%	11.75%	11.41%	12.52%	11.81%
SG&A Expenses to Revenue	9.50%	-0.90%	8,729.79%	9.40%	9.43%	-1.42%	8.35%	8.57%	7.85%	8.09%	7.95%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	54.53%	20.20%	26,366.22%	51.74%	54.21%	21.26%	52.94%	51.82%	56.19%	50.93%	50.39%
Earnings before Interest and Taxes (EBIT)	111	431	-183	117	147	453	122	139	150	193	184
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	206	881	-92	208	241	936	226	239	249	294	286
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.06	2.32	2.41	2.41	2.89	2.79	2.72	2.67	2.83	2.64	2.88
Price to Tangible Book Value (P/TBV)	2.06	2.32	2.41	2.41	2.89	2.79	2.72	2.67	2.83	2.64	2.88
Price to Revenue (P/Rev)	18.84	5.31	4,223.04	913.31	397.88	6.48	6.17	5.94	6.23	5.78	6.29
Price to Earnings (P/E)	0.00	21.68	0.00	0.00	0.00	24.53	25.10	23.52	25.21	20.53	19.66
Dividend Yield	5.20%	4.73%	4.60%	4.67%	3.91%	3.96%	4.21%	4.35%	4.14%	4.44%	4.11%
Earnings Yield	0.00%	4.61%	0.00%	0.00%	0.00%	4.08%	3.98%	4.25%	3.97%	4.87%	5.09%
Enterprise Value to Invested Capital (EV/IC)	1.39	1.49	1.52	1.52	1.70	1.67	1.64	1.62	1.67	1.61	1.70
Enterprise Value to Revenue (EV/Rev)	34.44	9.24	7,212.92	1,561.68	630.73	10.32	9.99	9.69	10.01	9.51	9.93
Enterprise Value to EBITDA (EV/EBITDA)	0.00	9.51	0.00	0.00	0.00	10.26	10.08	9.72	10.13	12.93	12.90
Enterprise Value to EBIT (EV/EBIT)	0.00	23.45	0.00	0.00	0.00	24.84	25.04	23.75	24.76	21.61	20.72
Enterprise Value to NOPAT (EV/NOPAT)	0.00	26.90	0.00	0.00	0.00	28.89	28.49	27.65	28.99	27.00	27.71
Enterprise Value to Operating Cash Flow (EV/OCF)	18.60	19.55	20.19	19.40	21.79	21.23	20.78	20.59	21.23	20.00	20.79
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	21.30	0.00	0.00	0.00	47.47	50.36	46.91	88.47	45.65	40.51
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.72	1.73	1.86	1.88	1.85	1.79	1.73	1.73	1.85	1.83	1.81
Long-Term Debt to Equity	1.72	1.73	1.86	1.88	1.85	1.79	1.73	1.73	1.85	1.83	1.81
Financial Leverage	1.74	1.73	0.85	1.70	1.70	1.69	1.69	1.70	1.70	1.68	1.67
Leverage Ratio	2.95	2.93	2.96	2.97	2.97	2.96	2.97	2.98	3.05	3.01	2.95
Compound Leverage Factor	1.70	2.61	3.73	1.78	1.96	2.63	1.69	1.83	1.92	2.14	2.05
Debt to Total Capital	63.17%	63.38%	65.01%	65.31%	64.95%	64.15%	63.34%	63.32%	64.96%	64.61%	64.41%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	63.17%	63.38%	65.01%	65.31%	64.95%	64.15%	63.34%	63.32%	64.96%	64.61%	64.41%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	36.83%	36.62%	34.99%	34.69%	35.05%	35.85%	36.66%	36.68%	35.04%	35.39%	35.59%
Debt to EBITDA	-144.36	4.08	-12.52	-13.31	-14.47	4.13	3.95	3.85	4.13	5.45	5.14
Net Debt to EBITDA	-143.21	4.04	-11.49	-12.08	-13.19	3.82	3.85	3.76	3.83	5.07	4.73
Long-Term Debt to EBITDA	-144.36	4.08	-12.52	-13.31	-14.47	4.13	3.95	3.85	4.13	5.45	5.14
Debt to NOPAT	-13.91	11.53	-9.31	-9.64	-9.65	11.63	11.18	10.96	11.81	11.38	11.05
Net Debt to NOPAT	-13.80	11.44	-8.54	-8.76	-8.79	10.76	10.90	10.69	10.96	10.58	10.15
Long-Term Debt to NOPAT	-13.91	11.53	-9.31	-9.64	-9.65	11.63	11.18	10.96	11.81	11.38	11.05
Altman Z-Score	0.69	1.01	0.67	0.78	0.94	1.17	1.03	1.02	1.04	1.01	1.11
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.55	0.58	1.45	1.50	1.38	1.16	0.75	0.74	1.19	1.11	1.31
Quick Ratio	0.52	0.55	1.42	1.50	1.38	1.16	0.75	0.74	1.11	1.07	1.13
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	241	538	-4,987	135	113	251	-79	-67	-202	-68	-23
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	108.00%	0.00%	0.00%	117.44%	706.26%	0.00%
Free Cash Flow to Firm to Interest Expense	5.08	11.39	-96.85	2.53	2.05	4.53	-1.45	-1.23	-3.57	-1.14	-0.39
Operating Cash Flow to Interest Expense	3.35	2.87	2.50	3.44	2.86	2.80	2.41	3.32	2.97	2.89	2.38
Operating Cash Flow Less CapEx to Interest Expense	3.70	3.28	3.80	3.48	3.00	0.21	2.75	3.64	0.44	2.48	4.16
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.15	0.00	0.00	0.00	0.15	0.15	0.15	0.15	0.15	0.16
Accounts Receivable Turnover	1.22	4.59	0.01	0.03	0.08	4.58	4.99	4.93	4.75	4.59	4.82
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.04	0.16	0.00	0.00	0.00	0.16	0.17	0.17	0.17	0.17	0.17
Accounts Payable Turnover	0.07	0.27	0.00	0.00	0.00	0.27	0.31	0.30	0.29	0.27	0.30
Days Sales Outstanding (DSO)	298.53	79.58	55,416.74	12,281.16	4,571.19	79.63	73.17	74.00	76.83	79.44	75.80
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	5,341.12	1,351.01	0.00	154,474.52	75,789.69	1,354.35	1,190.61	1,221.69	1,279.09	1,364.74	1,224.53
Cash Conversion Cycle (CCC)	-5,042.59	-1,271.43	55,416.74	-142,193.36	-71,218.50	-1,274.72	-1,117.44	-1,147.69	-1,202.26	-1,285.29	-1,148.73
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,748	7,745	7,732	7,735	7,746	7,925	7,931	7,926	8,058	8,122	8,088
Invested Capital Turnover	0.04	0.16	0.00	0.00	0.00	0.16	0.17	0.17	0.17	0.17	0.17
Increase / (Decrease) in Invested Capital	-136	-113	4,848	-20	-2.64	180	198	191	313	197	157
Enterprise Value (EV)	10,774	11,510	11,757	11,753	13,178	13,263	13,011	12,855	13,479	13,043	13,787
Market Capitalization	5,895	6,615	6,884	6,874	8,313	8,322	8,034	7,882	8,384	7,931	8,736
Book Value per Share	$9.54	$9.48	$9.47	$9.48	$9.56	$9.88	$9.66	$9.65	$9.68	$9.83	$9.90
Tangible Book Value per Share	$9.54	$9.48	$9.47	$9.48	$9.56	$9.88	$9.66	$9.65	$9.68	$9.83	$9.90
Total Capital	7,788	7,784	8,170	8,230	8,219	8,324	8,058	8,050	8,456	8,505	8,533
Total Debt	4,919	4,934	5,311	5,375	5,339	5,340	5,104	5,097	5,493	5,495	5,496
Total Long-Term Debt	4,919	4,934	5,311	5,375	5,339	5,340	5,104	5,097	5,493	5,495	5,496
Net Debt	4,880	4,895	4,874	4,880	4,865	4,941	4,977	4,973	5,095	5,112	5,051
Capital Expenditures (CapEx)	-17	-20	-67	-2.09	-8.18	144	-18	-18	143	24	-106
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-286	-270	-226	-248	-270	-303	-263	-271	-287	-313	-268
Debt-free Net Working Capital (DFNWC)	-246	-231	212	248	204	96	-135	-147	112	70	177
Net Working Capital (NWC)	-246	-231	212	248	204	96	-135	-147	112	70	177
Net Nonoperating Expense (NNE)	41	41	92	45	14	28	50	39	16	-7.85	6.35
Net Nonoperating Obligations (NNO)	4,880	4,895	4,874	4,880	4,865	4,941	4,977	4,973	5,095	5,112	5,051
Total Depreciation and Amortization (D&A)	95	450	91	91	94	482	104	100	99	101	102
Debt-free, Cash-free Net Working Capital to Revenue	-91.27%	-21.70%	-13,850.00%	-3,290.31%	-1,292.18%	-23.60%	-20.16%	-20.45%	-21.29%	-22.83%	-19.27%
Debt-free Net Working Capital to Revenue	-78.71%	-18.58%	13,016.87%	3,294.86%	974.74%	7.45%	-10.38%	-11.08%	8.29%	5.08%	12.77%
Net Working Capital to Revenue	-78.71%	-18.58%	13,016.87%	3,294.86%	974.74%	7.45%	-10.38%	-11.08%	8.29%	5.08%	12.77%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.24	$0.29	$0.23	$0.32	$0.28	$0.23	$0.28	$0.31	$0.44	$0.42
Adjusted Weighted Average Basic Shares Outstanding	0.00	300.98M	302.02M	302.20M	302.68M	303.13M	306.77M	306.98M	307.19M	307.18M	307.02M
Adjusted Diluted Earnings per Share	$0.00	$0.24	$0.29	$0.23	$0.32	$0.27	$0.23	$0.28	$0.31	$0.43	$0.41
Adjusted Weighted Average Diluted Shares Outstanding	0.00	302.38M	302.71M	302.90M	303.61M	304.04M	307.25M	307.61M	308.08M	307.87M	307.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	301.29M	301.30M	301.35M	302.06M	305.93M	306.06M	306.10M	306.10M	306.59M	306.84M
Normalized Net Operating Profit after Tax (NOPAT)	73	298	-138	84	81	302	84	87	89	90	94
Normalized NOPAT Margin	23.84%	47.41%	-18,386.36%	26.77%	25.38%	46.53%	24.81%	25.50%	25.98%	25.58%	26.46%
Pre Tax Income Margin	20.74%	61.16%	-30,662.77%	22.21%	30.20%	62.18%	20.66%	25.08%	27.65%	38.76%	36.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.34	9.12	-3.55	2.19	2.66	8.18	2.26	2.53	2.64	3.24	3.10
NOPAT to Interest Expense	2.21	9.01	-2.69	2.16	2.00	7.77	2.21	2.26	1.95	2.17	2.26
EBIT Less CapEx to Interest Expense	2.69	9.54	-2.25	2.23	2.81	5.59	2.60	2.86	0.11	2.83	4.88
NOPAT Less CapEx to Interest Expense	2.56	9.42	-1.38	2.20	2.15	5.18	2.55	2.59	-0.58	1.76	4.04
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	103.34%	-32.88%	-33.76%	-35.40%	97.62%	105.22%	102.26%	104.83%	91.73%	81.42%
Augmented Payout Ratio	0.00%	103.34%	-32.88%	-33.76%	-35.40%	97.62%	105.22%	102.26%	104.83%	91.73%	81.42%

Financials Breakdown Chart

Key Financial Trends

Here are key trend signals for BRX (Brixmor Property Group) drawn from the last four years of quarterly reports (Q1 2025 through Q4 2025, with broader year comparisons where relevant). The focus is on revenue, profitability, cash flow, and balance-sheet strength that may matter to retail investors.

Gross margin remains very strong and stable. Across 2025 quarters, total gross profit consistently represented roughly 87%–89% of total revenue (e.g., Q4 2025: gross profit about $309.4M on revenue $353.8M; Q3 2025: about $302.0M on $340.8M).
2025 net income to common shareholders trended up, ending strong in Q4. Net income attributable to common shareholders rose through 2025, reaching about $137.1M in Q4 2025 (vs. lower levels earlier in the year).
Diluted earnings per share (EPS) rose through 2025. Diluted EPS moved higher (Q4 2025: $0.43; Q3 2025: $0.31; Q2 2025: ~$0.28; Q1 2025: ~$0.23), reflecting improving bottom-line delivery per share.
Operating cash flow remained positive and sizable in 2025. Net cash from continuing operating activities in Q4 2025 was around $172.5M, highlighting ongoing cash-generation capability to support operations and distributions.
Dividend per share remained attractive and covered by earnings. Quarterly cash dividends per share hovered around $0.2875, with periods paying as high as about $0.31, signaling a stable payout policy relative to earnings.
Balance sheet shows a solid asset base and capitalization. Total assets near $8.6–9.0B and total equity around $2.9–3.0B in 2025, indicating a sizable asset pool and solid capitalization for a REIT.
Cost discipline remains evident in SG&A. Selling, general, and administrative expenses stayed a modest portion of gross profit (roughly 9–11%), suggesting effective cost control alongside strong margins.
Revenue in 2025 is materially lower than 2024 on a quarterly basis. For example, Q4 2025 total revenue (~$353.8M) is well below Q4 2024 (~$647.9M), which may reflect portfolio changes, dispositions, or reporting structure changes.
Long-term debt rose through 2025, signaling higher leverage. Long-term debt grew from around $5.10B in early 2025 to about $5.49B by Q3 2025, suggesting increased leverage and potential higher interest costs going forward.
Near-term financing cash outflows intensified in Q4 2025. Net cash from financing activities was negative in Q4 2025 (about -$88.7M), indicating cash outflows for debt repayments and dividends, which can pressure cash balances.

05/05/26 05:41 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Brixmor Property Group's Financials

When does Brixmor Property Group's financial year end?

According to the most recent income statement we have on file, Brixmor Property Group's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has Brixmor Property Group's net income changed over the last 10 years?

Over the last 10 years, Brixmor Property Group's net income changed from $197.54 million in 2015 to $386.26 million in 2025, a change of 95.5%. Find out what analysts predict for Brixmor Property Group in the coming months.

What is Brixmor Property Group's operating income?

Brixmor Property Group's total operating income in 2025 was $483.02 million, based on the following breakdown:

Total Gross Profit: $1.21 billion
Total Operating Expenses: $726.29 million

How has Brixmor Property Group's revenue changed over the last 10 years?

Over the last 10 years, Brixmor Property Group's total revenue changed from $1.27 billion in 2015 to $1.37 billion in 2025, a change of 8.3%.

How much debt does Brixmor Property Group have?

Brixmor Property Group's total liabilities were at $6.12 billion at the end of 2025, a 3.3% increase from 2024, and a 6.9% decrease since 2015.

How much cash does Brixmor Property Group have?

In the past 10 years, Brixmor Property Group's cash and equivalents has ranged from $866 thousand in 2023 to $377.62 million in 2024, and is currently $334.42 million as of their latest financial filing in 2025.

How has Brixmor Property Group's book value per share changed over the last 10 years?

Over the last 10 years, Brixmor Property Group's book value per share changed from 9.61 in 2015 to 9.83 in 2025, a change of 2.3%.

Related Companies

Financial statements for NYSE:BRX last updated on 4/28/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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