Brixmor Property Group Key Executives
This section highlights Brixmor Property Group's key executives, including their titles and compensation details.
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Brixmor Property Group Earnings
This section highlights Brixmor Property Group's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-11 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-10-29 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-07-30 | N/A | N/A |
| Read Transcript | Q1 | 2024 | 2024-04-30 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-02-13 | N/A | N/A |
| Read Transcript | Q3 | 2023 | 2023-10-31 | N/A | N/A |
| Read Transcript | Q2 | 2023 | 2023-08-01 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-05-02 | N/A | N/A |
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 395 retail centers comprise approximately 69 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision to be the center of the communities we serve and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to approximately 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets, Wal-Mart, Ross Stores and L.A. Fitness.
$25.60
Stock Price
$7.83B
Market Cap
454
Employees
New York, NY
Location
Financial Statements
Access annual & quarterly financial statements for Brixmor Property Group, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $1.29B | $1.25B | $1.22B | $1.15B | $1.05B |
| Cost of Revenue | $164.29M | $319.99M | $311.79M | $297.79M | $280.62M |
| Gross Profit | $1.12B | $925.05M | $906.28M | $854.49M | $772.64M |
| Gross Profit Ratio | 87.22% | 74.30% | 74.40% | 74.20% | 73.36% |
| Research and Development Expenses | $- | $- | $0 | $0 | $0 |
| General and Administrative Expenses | $116.36M | $117.13M | $117.22M | $105.45M | $98.28M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $116.36M | $117.13M | $117.22M | $105.45M | $98.28M |
| Other Expenses | $545.36M | $- | $344.73M | $327.15M | $335.58M |
| Operating Expenses | $661.73M | $117.13M | $461.96M | $432.61M | $433.86M |
| Cost and Expenses | $826.02M | $437.12M | $773.75M | $730.39M | $714.48M |
| Interest Income | $- | $666.00K | $314.00K | $299.00K | $482.00K |
| Interest Expense | $215.99M | $190.73M | $192.43M | $194.78M | $199.99M |
| Depreciation and Amortization | $381.40M | $362.28M | $773.75M | $730.39M | $714.48M |
| EBITDA | $936.67M | $858.10M | $785.42M | $748.97M | $669.37M |
| EBITDA Ratio | 72.89% | 68.92% | 64.48% | 65.00% | 63.55% |
| Operating Income | $459.04M | $807.92M | $440.69M | $421.81M | $333.78M |
| Operating Income Ratio | 35.72% | 64.89% | 36.18% | 36.61% | 31.69% |
| Total Other Income Expenses Net | $-119.76M | $-502.83M | $-90.13M | $-151.69M | $-217.61M |
| Income Before Tax | $339.28M | $305.09M | $354.19M | $270.19M | $121.17M |
| Income Before Tax Ratio | 26.40% | 24.50% | 29.08% | 23.45% | 11.50% |
| Income Tax Expense | $2.00K | $- | $192.43M | $194.71M | $194.99M |
| Net Income | $339.27M | $305.09M | $161.77M | $75.48M | $-73.82M |
| Net Income Ratio | 26.40% | 24.50% | 13.28% | 6.55% | -7.01% |
| EPS | $1.12 | $1.01 | $0.54 | $0.25 | $-0.25 |
| EPS Diluted | $1.12 | $1.01 | $0.54 | $0.25 | $-0.25 |
| Weighted Average Shares Outstanding | 303.13M | 300.98M | 299.94M | 297.41M | 296.97M |
| Weighted Average Shares Outstanding Diluted | 304.04M | 302.38M | 301.74M | 298.83M | 297.90M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $328.44M | $320.68M | $315.69M | $320.24M | $316.49M | $307.31M | $309.79M | $311.44M | $308.57M | $304.75M | $306.13M | $298.63M | $295.32M | $290.19M | $287.02M | $279.75M | $269.41M | $253.94M | $247.62M | $282.30M |
| Cost of Revenue | $85.94M | $79.34M | $165.29M | $78.56M | $172.25M | $77.21M | $79.42M | $80.58M | $81.08M | $77.48M | $76.80M | $76.44M | $79.97M | $72.54M | $71.01M | $74.27M | $73.54M | $66.92M | $66.94M | $73.22M |
| Gross Profit | $242.50M | $241.34M | $150.40M | $241.68M | $144.24M | $230.10M | $230.38M | $230.86M | $227.49M | $227.27M | $229.33M | $222.19M | $215.35M | $217.65M | $216.01M | $205.47M | $195.87M | $187.02M | $180.68M | $209.08M |
| Gross Profit Ratio | 73.83% | 75.30% | 47.60% | 75.50% | 45.60% | 74.90% | 74.40% | 74.10% | 73.70% | 74.60% | 74.90% | 74.40% | 72.90% | 75.00% | 75.30% | 73.40% | 72.70% | 73.65% | 72.97% | 74.06% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $27.93M | $30.25M | $29.69M | $28.49M | $30.26M | $29.18M | $28.51M | $29.17M | $30.43M | $29.09M | $29.70M | $28.00M | $29.04M | $25.31M | $26.46M | $24.64M | $23.50M | $27.75M | $24.44M | $22.60M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $27.93M | $30.25M | $29.69M | $28.49M | $30.26M | $29.18M | $28.51M | $29.17M | $30.43M | $29.09M | $29.70M | $28.00M | $29.04M | $25.31M | $26.46M | $24.64M | $23.50M | $27.75M | $24.44M | $22.60M |
| Other Expenses | $214.57M | $94.83M | $-381.00K | $-593.00K | $-30.26M | $-555.00K | $-685.00K | $87.74M | $90.60M | $84.77M | $85.14M | $84.22M | $-759.00K | $390.00K | $-466.00K | $770.00K | $-2.50M | $-780.00K | $-961.00K | $-758.00K |
| Operating Expenses | $242.50M | $125.08M | $121.71M | $119.71M | $30.26M | $125.44M | $117.33M | $116.91M | $121.03M | $113.87M | $114.84M | $112.22M | $109.83M | $107.03M | $107.67M | $108.06M | $107.75M | $115.24M | $105.27M | $105.61M |
| Cost and Expenses | $328.44M | $204.42M | $194.97M | $198.27M | $202.51M | $202.65M | $196.74M | $197.50M | $202.10M | $191.34M | $191.64M | $188.66M | $189.80M | $179.57M | $178.69M | $182.34M | $181.29M | $182.15M | $172.21M | $178.83M |
| Interest Income | $- | $- | $- | $- | $321.00K | $273.00K | $57.00K | $15.00K | $116.00K | $88.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $55.44M | $55.41M | $53.66M | $51.49M | $50.27M | $47.36M | $47.48M | $48.68M | $48.49M | $48.73M | $47.89M | $47.32M | $47.17M | $48.92M | $49.69M | $48.99M | $51.79M | $50.99M | $49.85M | $47.35M |
| Depreciation and Amortization | $92.16M | $94.83M | $92.02M | $91.22M | $89.47M | $96.25M | $88.81M | $87.74M | $90.60M | $84.77M | $85.14M | $84.22M | $80.80M | $81.72M | $81.21M | $83.42M | $84.25M | $83.36M | $76.83M | $78.79M |
| EBITDA | $242.18M | $247.08M | $212.73M | $213.19M | $203.45M | $200.92M | $196.09M | $201.28M | $196.36M | $198.17M | $199.63M | $189.60M | $-115.27M | $192.34M | $189.55M | $180.83M | $172.37M | $158.49M | $139.72M | $186.48M |
| EBITDA Ratio | 73.74% | 77.05% | 67.39% | 66.39% | 64.28% | 65.20% | 64.94% | 64.63% | 63.64% | 64.77% | 64.68% | 64.85% | 62.83% | 66.42% | 65.88% | 64.92% | 63.05% | 62.41% | 62.71% | 65.79% |
| Operating Income | $- | $116.26M | $120.71M | $121.97M | $113.98M | $104.66M | $96.31M | $113.54M | $105.76M | $115.92M | $115.84M | $112.40M | $128.42M | $110.62M | $108.34M | $97.41M | $88.12M | $71.78M | $75.41M | $103.47M |
| Operating Income Ratio | 0.00% | 36.25% | 38.24% | 38.09% | 36.01% | 34.06% | 31.09% | 36.46% | 34.28% | 38.04% | 37.84% | 37.64% | 43.48% | 38.12% | 37.75% | 34.82% | 32.71% | 28.27% | 30.45% | 36.65% |
| Total Other Income Expenses Net | $83.41M | $-19.42M | $-50.59M | $-33.06M | $-41.28M | $-40.93M | $-56.64M | $-1.70M | $377.04M | $-33.66M | $-26.70M | $-30.46M | $-24.27M | $-64.47M | $-17.91M | $-45.04M | $-63.72M | $-43.84M | $-66.37M | $-43.69M |
| Income Before Tax | $83.41M | $96.84M | $70.12M | $88.91M | $72.70M | $63.74M | $56.41M | $112.25M | $107.16M | $79.74M | $87.79M | $79.51M | $81.24M | $46.15M | $90.43M | $52.37M | $24.40M | $27.94M | $9.04M | $59.78M |
| Income Before Tax Ratio | 25.39% | 30.20% | 22.21% | 27.76% | 22.97% | 20.74% | 18.21% | 36.04% | 34.73% | 26.17% | 28.68% | 26.62% | 27.51% | 15.90% | 31.51% | 18.72% | 9.06% | 11.00% | 3.65% | 21.18% |
| Income Tax Expense | $- | $- | $184.00K | $53.30M | $208.00K | $46.81M | $46.80M | $-47.38M | $48.49M | $48.73M | $47.89M | $47.32M | $47.17M | $52.11M | $53.42M | $52.69M | $49.29M | $54.34M | $52.89M | $50.83M |
| Net Income | $83.40M | $96.84M | $70.12M | $88.91M | $72.70M | $63.74M | $56.41M | $159.63M | $58.66M | $31.02M | $39.91M | $32.18M | $81.24M | $46.15M | $90.43M | $52.37M | $24.40M | $27.94M | $9.04M | $59.78M |
| Net Income Ratio | 25.39% | 30.20% | 22.21% | 27.76% | 22.97% | 20.74% | 18.21% | 51.25% | 19.01% | 10.18% | 13.04% | 10.78% | 27.51% | 15.90% | 31.51% | 18.72% | 9.06% | 11.00% | 3.65% | 21.18% |
| EPS | $0.27 | $0.32 | $0.23 | $0.29 | $0.24 | $0.21 | $0.19 | $0.53 | $0.20 | $0.10 | $0.13 | $0.11 | $0.27 | $0.16 | $0.30 | $0.18 | $0.08 | $0.09 | $0.03 | $0.20 |
| EPS Diluted | $0.27 | $0.32 | $0.23 | $0.29 | $0.24 | $0.21 | $0.19 | $0.53 | $0.19 | $0.10 | $0.13 | $0.11 | $0.27 | $0.15 | $0.30 | $0.18 | $0.08 | $0.09 | $0.03 | $0.20 |
| Weighted Average Shares Outstanding | 303.13M | 302.68M | 302.20M | 302.02M | 300.60M | 301.01M | 300.96M | 300.82M | 300.47M | 300.21M | 299.99M | 298.53M | 297.49M | 297.19M | 297.22M | 297.11M | 296.66M | 296.56M | 296.55M | 297.84M |
| Weighted Average Shares Outstanding Diluted | 304.04M | 303.61M | 302.90M | 302.71M | 300.60M | 302.51M | 302.29M | 301.83M | 302.26M | 301.34M | 301.09M | 299.46M | 299.04M | 298.27M | 298.28M | 297.85M | 297.62M | 296.86M | 296.77M | 298.26M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $377.62M | $866.00K | $16.49M | $296.63M | $368.68M |
| Short Term Investments | $20.30M | $19.91M | $21.67M | $20.22M | $19.55M |
| Cash and Short Term Investments | $397.92M | $20.78M | $38.16M | $316.86M | $388.22M |
| Net Receivables | $281.95M | $278.77M | $264.15M | $234.87M | $240.32M |
| Inventory | $- | $- | $1 | $1 | $1 |
| Other Current Assets | $5.26M | $18.04M | $15.21M | $17.24M | $19.43M |
| Total Current Assets | $685.13M | $317.59M | $317.51M | $591.64M | $668.20M |
| Property Plant Equipment Net | $- | $32.35M | $35.75M | $45.45M | $45.14M |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $59.49M | $542.71M | $63.32M | $58.75M |
| Goodwill and Intangible Assets | $- | $59.49M | $542.71M | $63.32M | $58.75M |
| Long Term Investments | $- | $- | $31.31M | $20.22M | $19.55M |
| Tax Assets | $- | $- | $-67.06M | $-83.55M | $-78.30M |
| Other Non-Current Assets | $8.22B | $7.92B | $7.58B | $7.74B | $7.63B |
| Total Non-Current Assets | $8.22B | $8.02B | $8.12B | $7.79B | $7.67B |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $8.91B | $8.33B | $8.44B | $8.38B | $8.34B |
| Account Payables | $- | $337.61M | $535.42M | $252.91M | $236.43M |
| Short Term Debt | $495.43M | $300.35M | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $-296.33M | $-642.72M |
| Other Current Liabilities | $585.24M | $98.64M | $-136.72M | $74.42M | $65.97M |
| Total Current Liabilities | $1.08B | $736.60M | $535.42M | $327.33M | $302.40M |
| Long Term Debt | $4.84B | $4.63B | $5.17B | $5.23B | $5.24B |
| Deferred Revenue Non-Current | $- | $- | $5.57B | $5.66B | $5.66B |
| Deferred Tax Liabilities Non-Current | $- | $- | $136.72M | $114.61M | $124.00M |
| Other Non-Current Liabilities | $- | $112.64M | $-552.31M | $99.77M | $114.51M |
| Total Non-Current Liabilities | $4.84B | $4.75B | $5.04B | $5.33B | $5.36B |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $5.92B | $5.48B | $5.57B | $5.66B | $5.66B |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $3.06M | $3.01M | $3.00M | $2.97M | $2.96M |
| Retained Earnings | $- | $-460.60M | $-446.34M | $-503.68M | $-508.20M |
| Accumulated Other Comprehensive Income Loss | $8.22M | $-2.70M | $8.85M | $-12.67M | $-28.06M |
| Other Total Stockholders Equity | $2.97B | $3.31B | $3.30B | $3.23B | $3.21B |
| Total Stockholders Equity | $2.98B | $2.85B | $2.87B | $2.72B | $2.68B |
| Total Equity | $2.98B | $2.85B | $8.02B | $7.70B | $7.60B |
| Total Liabilities and Stockholders Equity | $8.91B | $8.33B | $8.44B | $8.38B | $8.34B |
| Minority Interest | $244.00K | $- | $5.15B | $4.98B | $4.92B |
| Total Liabilities and Total Equity | $8.91B | $8.33B | $8.44B | $8.38B | $8.34B |
| Total Investments | $20.30M | $19.91M | $21.67M | $20.22M | $19.55M |
| Total Debt | $5.34B | $4.93B | $5.45B | $5.20B | $5.21B |
| Net Debt | $4.96B | $4.93B | $5.43B | $4.90B | $4.84B |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $377.62M | $451.33M | $474.96M | $407.11M | $18.90M | $861.00K | $13.65M | $3.43M | $16.49M | $23.59M | $16.83M | $31.57M | $296.63M | $397.20M | $404.14M | $371.40M | $368.68M | $609.81M | $318.54M | $584.83M |
| Short Term Investments | $20.30M | $21.20M | $21.98M | $19.52M | $19.91M | $20.61M | $21.11M | $20.64M | $21.67M | $22.05M | $19.66M | $19.32M | $20.22M | $20.77M | $18.19M | $18.74M | $19.55M | $19.99M | $20.77M | $17.55M |
| Cash and Short Term Investments | $397.92M | $472.53M | $474.96M | $426.62M | $18.90M | $21.47M | $34.75M | $24.07M | $38.16M | $45.64M | $36.49M | $50.88M | $316.86M | $417.97M | $422.33M | $390.14M | $388.22M | $629.80M | $339.31M | $602.38M |
| Net Receivables | $281.95M | $260.57M | $252.66M | $248.04M | $278.77M | $262.77M | $253.79M | $246.91M | $264.15M | $249.04M | $245.46M | $239.86M | $234.87M | $229.42M | $228.58M | $231.46M | $240.32M | $246.29M | $274.53M | $232.22M |
| Inventory | $- | $- | $- | $-2.65M | $- | $-12.66M | $-11.70M | $314.34M | $1 | $-8.88M | $-2.80M | $1 | $22.67M | $- | $- | $1 | $20.23M | $1 | $- | $1 |
| Other Current Assets | $5.26M | $1.12M | $12.39M | $11.31M | $18.04M | $27.84M | $1.21M | $32.00M | $15.21M | $37.66M | $35.13M | $33.22M | $17.24M | $49.18M | $1.24M | $13.67M | $19.43M | $1.41M | $11.96M | $6.91M |
| Total Current Assets | $685.13M | $734.22M | $760.65M | $685.97M | $317.59M | $312.08M | $289.76M | $302.99M | $317.51M | $332.34M | $317.08M | $323.95M | $591.64M | $696.57M | $652.16M | $635.27M | $668.20M | $877.50M | $625.80M | $841.51M |
| Property Plant Equipment Net | $- | $- | $30.48M | $27.68M | $32.35M | $32.74M | $33.67M | $34.80M | $35.75M | $36.74M | $37.89M | $28.37M | $45.45M | $30.38M | $31.42M | $32.68M | $45.14M | $7.54B | $7.56B | $7.58B |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $55.56M | $55.90M | $59.49M | $63.38M | $68.17M | $525.89M | $542.71M | $550.48M | $557.52M | $71.34M | $544.22M | $52.43M | $56.75M | $54.57M | $58.75M | $63.76M | $69.97M | $75.41M |
| Goodwill and Intangible Assets | $- | $- | $55.56M | $55.90M | $59.49M | $63.38M | $68.17M | $525.89M | $542.71M | $550.48M | $557.52M | $71.34M | $544.22M | $52.43M | $56.75M | $54.57M | $58.75M | $63.76M | $69.97M | $75.41M |
| Long Term Investments | $- | $- | $27.33M | $29.85M | $24.28M | $33.27M | $32.80M | $28.02M | $31.31M | $30.93M | $22.46M | $19.32M | $20.22M | $20.77M | $18.19M | $18.74M | $19.55M | $19.99M | $20.77M | $17.55M |
| Tax Assets | $- | $- | $7.68B | $-113.44M | $-59.49M | $-129.39M | $-134.64M | $-62.83M | $-67.06M | $-67.67M | $-60.35M | $-119.03M | $-20.22M | $-103.58M | $-106.35M | $-105.99M | $-78.30M | $-7.62B | $-7.65B | $-7.68B |
| Other Non-Current Assets | $8.22B | $8.02B | $176.40M | $7.96B | $7.96B | $8.02B | $8.03B | $7.53B | $7.58B | $7.60B | $7.60B | $7.92B | $7.20B | $7.65B | $7.70B | $7.66B | $7.63B | $7.76B | $7.79B | $7.82B |
| Total Non-Current Assets | $8.22B | $8.02B | $7.97B | $7.96B | $8.02B | $8.02B | $8.03B | $8.05B | $8.12B | $8.15B | $8.15B | $7.92B | $7.79B | $7.65B | $7.70B | $7.66B | $7.67B | $7.76B | $7.79B | $7.82B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $8.91B | $8.75B | $8.73B | $8.64B | $8.33B | $8.34B | $8.32B | $8.35B | $8.44B | $8.49B | $8.47B | $8.25B | $8.38B | $8.35B | $8.36B | $8.30B | $8.34B | $8.64B | $8.42B | $8.66B |
| Account Payables | $- | $- | $305.53M | $279.69M | $337.61M | $343.86M | $318.45M | $289.86M | $535.42M | $331.47M | $297.26M | $264.68M | $252.91M | $301.50M | $284.04M | $250.92M | $236.43M | $280.55M | $257.07M | $236.66M |
| Short Term Debt | $495.43M | $- | $660.00M | $300.35M | $300.35M | $- | $- | $- | $- | $- | $- | $- | $250.00M | $- | $- | $- | $- | $1.76M | $3.52M | $5.28M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $-551.17M | $-193.02M | $-337.61M | $- | $- | $-289.86M | $- | $-77.03M | $-78.00M | $-264.68M | $-250.00M | $-319.09M | $-303.55M | $-272.63M | $-28.23M | $-311.99M | $-257.07M | $-236.66M |
| Other Current Liabilities | $585.24M | $530.56M | $85.94M | $87.47M | $98.64M | $204.50M | $84.22M | $87.17M | $-136.72M | $77.03M | $78.00M | $80.26M | $-175.58M | $193.73M | $88.81M | $207.10M | $65.97M | $33.24M | $36.35M | $120.34M |
| Total Current Liabilities | $1.08B | $530.56M | $500.29M | $473.80M | $1.06B | $548.35M | $527.28M | $508.80M | $535.42M | $748.08M | $758.25M | $556.95M | $327.33M | $495.23M | $483.79M | $458.02M | $302.40M | $444.61M | $574.64M | $1.14B |
| Long Term Debt | $4.84B | $5.34B | $5.48B | $5.12B | $4.63B | $5.04B | $5.04B | $5.09B | $5.17B | $5.25B | $5.55B | $5.38B | $4.91B | $5.53B | $5.28B | $5.28B | $4.52B | $5.52B | $5.34B | $5.53B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $-660.44M | $-1.68M | $112.64M | $-122.90M | $-3.02M | $-178.77M | $-552.31M | $-341.11M | $-255.77M | $-257.26M | $364.61M | $-369.44M | $-2.99M | $-118.75M | $766.72M | $90.90M | $95.60M | $100.10M |
| Total Non-Current Liabilities | $4.84B | $5.34B | $5.38B | $5.31B | $4.42B | $4.92B | $4.91B | $4.96B | $5.04B | $4.91B | $4.91B | $4.92B | $5.33B | $5.16B | $5.17B | $5.17B | $5.36B | $5.48B | $5.16B | $4.85B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $5.92B | $5.87B | $5.88B | $5.79B | $5.48B | $5.47B | $5.44B | $5.47B | $5.57B | $5.66B | $5.67B | $5.47B | $5.66B | $5.66B | $5.65B | $5.62B | $5.66B | $5.93B | $5.74B | $5.99B |
| Preferred Stock | $- | $- | $467.56M | $454.97M | $- | $450.75M | $435.74M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $3.06M | $3.02M | $3.01M | $3.01M | $3.01M | $3.01M | $3.01M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $2.97M | $2.97M | $2.97M | $2.97M | $2.96M | $2.96M | $2.96M | $2.96M |
| Retained Earnings | $-458.64M | $-453.63M | $-467.56M | $-454.97M | $-460.60M | $-450.75M | $-435.74M | $-413.39M | $-446.34M | $-474.89M | $-482.08M | $-497.33M | $-503.68M | $-513.06M | $-494.86M | $-520.95M | $-508.20M | $-468.46M | $-496.40M | $-505.44M |
| Accumulated Other Comprehensive Income Loss | $8.22M | $-759.00K | $12.38M | $9.53M | $-2.70M | $12.19M | $11.10M | $5.12M | $8.85M | $8.03M | $2.30M | $-1.72M | $-12.67M | $-17.59M | $-19.71M | $-22.49M | $-28.06M | $-31.20M | $-34.06M | $-33.24M |
| Other Total Stockholders Equity | $3.43B | $3.33B | $3.31B | $3.76B | $3.31B | $3.30B | $3.30B | $3.29B | $3.31B | $3.29B | $3.28B | $3.27B | $3.23B | $3.22B | $3.22B | $3.21B | $3.21B | $3.21B | $3.21B | $3.21B |
| Total Stockholders Equity | $2.98B | $2.88B | $2.86B | $2.86B | $2.85B | $2.87B | $2.88B | $2.89B | $2.87B | $2.83B | $2.80B | $2.77B | $2.72B | $2.69B | $2.70B | $2.67B | $2.68B | $2.71B | $2.68B | $2.67B |
| Total Equity | $2.98B | $2.88B | $2.86B | $2.86B | $2.85B | $2.87B | $2.88B | $2.89B | $2.87B | $2.83B | $2.80B | $2.77B | $2.72B | $2.69B | $2.70B | $2.67B | $2.68B | $2.71B | $2.68B | $2.67B |
| Total Liabilities and Stockholders Equity | $8.91B | $8.75B | $8.73B | $8.64B | $8.33B | $8.34B | $8.32B | $8.35B | $8.44B | $8.49B | $8.47B | $8.25B | $8.38B | $8.35B | $8.36B | $8.30B | $8.34B | $8.64B | $8.42B | $8.66B |
| Minority Interest | $244.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $8.91B | $8.75B | $8.73B | $8.64B | $8.33B | $8.34B | $8.32B | $8.35B | $8.44B | $8.49B | $8.47B | $8.25B | $8.38B | $8.35B | $8.36B | $8.30B | $8.34B | $8.64B | $8.42B | $8.66B |
| Total Investments | $20.30M | $21.20M | $27.33M | $19.52M | $24.28M | $20.61M | $21.11M | $20.64M | $21.67M | $22.05M | $19.66M | $19.32M | $20.22M | $20.77M | $18.19M | $18.74M | $19.55M | $19.99M | $20.77M | $17.55M |
| Total Debt | $5.34B | $5.34B | $5.48B | $5.31B | $5.05B | $4.92B | $4.91B | $4.96B | $5.45B | $5.11B | $5.15B | $5.01B | $5.20B | $5.16B | $5.17B | $5.17B | $5.21B | $5.48B | $5.31B | $5.49B |
| Net Debt | $4.96B | $4.89B | $5.01B | $4.90B | $5.03B | $4.92B | $4.90B | $4.96B | $5.43B | $5.09B | $5.13B | $4.98B | $4.90B | $4.77B | $4.76B | $4.79B | $4.84B | $4.87B | $4.99B | $4.91B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $339.28M | $305.09M | $354.19M | $270.19M | $121.17M |
| Depreciation and Amortization | $381.40M | $362.28M | $332.57M | $314.55M | $335.58M |
| Deferred Income Tax | $- | $- | $- | $-42.85M | $13.10M |
| Stock Based Compensation | $17.94M | $20.78M | $23.41M | $17.09M | $10.95M |
| Change in Working Capital | $- | $-42.42M | $-46.29M | $-16.32M | $-31.25M |
| Accounts Receivables | $- | $- | $-31.95M | $2.19M | $-9.79M |
| Inventory | $- | $- | $31.95M | $-2.19M | $9.79M |
| Accounts Payables | $27.00K | $15.44M | $24.66M | $12.32M | $1.58M |
| Other Working Capital | $-34.03M | $-57.85M | $-70.95M | $-28.64M | $-32.83M |
| Other Non Cash Items | $-113.92M | $-56.93M | $-97.50M | $9.58M | $-6.46M |
| Net Cash Provided by Operating Activities | $624.69M | $588.79M | $566.38M | $552.24M | $443.10M |
| Investments in Property Plant and Equipment | $- | $- | $-330.36M | $-308.57M | $-284.76M |
| Acquisitions Net | $- | $- | $330.36M | $308.57M | $284.76M |
| Purchases of Investments | $-30.08M | $-23.61M | $-25.29M | $-17.48M | $-22.57M |
| Sales Maturities of Investments | $30.04M | $23.44M | $23.07M | $16.45M | $21.11M |
| Other Investing Activities | $-436.99M | $-162.90M | $-460.23M | $-329.98M | $-165.79M |
| Net Cash Used for Investing Activities | $-437.02M | $-163.08M | $-462.45M | $-331.00M | $-167.25M |
| Debt Repayment | $410.20M | $-100.75M | $-125.00M | $-2.27M | $306.40M |
| Common Stock Issued | $114.65M | $- | $53.10M | $5.15M | $- |
| Common Stock Repurchased | $- | $-11.24M | $-10.49M | $- | $-25.01M |
| Dividends Paid | $-331.20M | $-315.29M | $-289.63M | $-257.23M | $-170.40M |
| Other Financing Activities | $-21.53M | $-783.00K | $-18.88M | $-39.23M | $-38.28M |
| Net Cash Used Provided by Financing Activities | $172.12M | $-428.07M | $-380.41M | $-293.58M | $72.71M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $359.79M | $-2.35M | $-276.48M | $-72.34M | $348.56M |
| Cash at End of Period | $378.69M | $18.90M | $21.26M | $297.74M | $370.09M |
| Cash at Beginning of Period | $18.90M | $21.26M | $297.74M | $370.09M | $21.52M |
| Operating Cash Flow | $624.69M | $588.79M | $566.38M | $552.24M | $443.10M |
| Capital Expenditure | $- | $- | $-330.36M | $-308.57M | $-284.76M |
| Free Cash Flow | $624.69M | $588.79M | $236.03M | $243.66M | $158.34M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $83.41M | $96.84M | $69.94M | $88.91M | $72.49M | $63.74M | $56.41M | $112.25M | $107.16M | $79.74M | $87.79M | $79.51M | $81.24M | $46.15M | $90.43M | $52.37M | $24.40M | $27.94M | $9.04M | $59.78M |
| Depreciation and Amortization | $92.16M | $94.83M | $92.02M | $88.81M | $89.47M | $96.25M | $92.20M | $84.35M | $87.69M | $81.46M | $82.18M | $81.25M | $78.12M | $78.92M | $77.02M | $80.49M | $96.60M | $83.36M | $76.83M | $78.79M |
| Deferred Income Tax | $- | $- | $- | $- | $-207.12M | $-6.72M | $8.53M | $- | $- | $- | $- | $- | $-23.60M | $15.99M | $-32.14M | $-3.10M | $9.57M | $-7.83M | $15.66M | $-4.30M |
| Stock Based Compensation | $4.08M | $5.05M | $5.44M | $3.36M | $6.22M | $5.70M | $4.60M | $4.19M | $6.99M | $6.10M | $6.03M | $4.32M | $6.27M | $4.03M | $4.20M | $2.59M | $3.14M | $3.20M | $1.96M | $2.65M |
| Change in Working Capital | $-9.27M | $-7.20M | $13.63M | $-39.22M | $-24.92M | $808.00K | $1.91M | $-20.21M | $-28.88M | $13.56M | $6.61M | $-37.59M | $-16.76M | $2.78M | $22.73M | $-25.07M | $25.00K | $34.83M | $-21.68M | $-44.43M |
| Accounts Receivables | $-21.71M | $-9.59M | $-5.38M | $28.64M | $-15.57M | $-9.69M | $-6.82M | $15.58M | $-17.58M | $-3.87M | $-5.82M | $-4.68M | $-6.78M | $258.00K | $1.62M | $7.08M | $6.11M | $26.77M | $-41.27M | $-1.41M |
| Inventory | $- | $- | $- | $- | $-937.00K | $9.69M | $6.82M | $-15.58M | $17.58M | $3.87M | $5.82M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $15.05M | $10.64M | $31.94M | $-57.61M | $-6.38M | $24.28M | $21.30M | $-23.76M | $-9.36M | $31.52M | $26.62M | $-24.12M | $-6.22M | $16.10M | $30.71M | $-28.28M | $-6.15M | $20.41M | $23.14M | $-35.83M |
| Other Working Capital | $-2.61M | $-8.25M | $-12.93M | $-9.02M | $-2.96M | $-23.47M | $-19.39M | $3.55M | $-19.52M | $-17.96M | $-20.00M | $-13.47M | $-10.55M | $-13.32M | $-7.98M | $3.21M | $6.17M | $14.42M | $-44.82M | $-8.60M |
| Other Non Cash Items | $-15.21M | $-32.05M | $165.40M | $1.80M | $199.14M | $-1.23M | $-3.80M | $-45.52M | $-47.74M | $-13.79M | $-20.75M | $-15.22M | $2.09M | $2.15M | $2.11M | $3.23M | $-14.28M | $2.56M | $2.68M | $2.58M |
| Net Cash Provided by Operating Activities | $155.17M | $157.48M | $183.52M | $128.52M | $135.28M | $158.57M | $159.89M | $135.05M | $125.22M | $167.04M | $161.86M | $112.26M | $127.36M | $150.02M | $164.35M | $110.51M | $119.47M | $144.07M | $84.49M | $95.07M |
| Investments in Property Plant and Equipment | $- | $- | $-90.17M | $-76.86M | $-90.73M | $-98.36M | $-83.69M | $-72.38M | $-97.23M | $-86.17M | $-76.83M | $-70.12M | $-96.20M | $-77.12M | $-72.41M | $-62.84M | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $70.06M | $98.36M | $83.69M | $72.38M | $97.23M | $86.17M | $76.83M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $-4.01M | $-75.78M | $-27.78M | $-4.37M | $-1.26M | $-169.00K | $-14.11M | $-6.16M | $-736.00K | $-10.24M | $-5.48M | $-8.84M | $-569.00K | $-8.99M | $-4.02M | $-3.89M | $-2.62M | $-9.21M | $-7.41M | $-3.33M |
| Sales Maturities of Investments | $4.78M | $12.51M | $10.03M | $4.81M | $21.93M | $794.00K | $13.41M | $7.36M | $1.19M | $7.47M | $4.98M | $9.42M | $1.00M | $6.35M | $4.50M | $4.60M | $2.98M | $9.91M | $4.20M | $4.02M |
| Other Investing Activities | $-241.60M | $-15.82M | $-107.92M | $-9.62M | $-70.06M | $-81.74M | $-59.69M | $47.28M | $11.57M | $-55.14M | $-241.15M | $-175.51M | $-175.32M | $-52.43M | $-67.39M | $-34.83M | $-27.35M | $-24.94M | $-66.20M | $-47.30M |
| Net Cash Used for Investing Activities | $-240.84M | $-79.09M | $-107.92M | $-9.18M | $-70.06M | $-81.11M | $-60.39M | $48.48M | $12.03M | $-57.90M | $-241.64M | $-174.94M | $-174.89M | $-55.08M | $-66.91M | $-34.12M | $-27.00M | $-24.23M | $-69.41M | $-46.61M |
| Debt Repayment | $- | $-37.40M | $66.84M | $380.76M | $13.50M | $5.00M | $-41.25M | $-78.00M | $-75.00M | $-40.00M | $145.00M | $-155.00M | $- | $-1.62M | $- | $-640.00K | $-316.85M | $175.34M | $-183.60M | $631.50M |
| Common Stock Issued | $95.37M | $19.28M | $- | $- | $27.00M | $2.00K | $- | $- | $-53.10M | $5.69M | $3.54M | $43.87M | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $-18.00K | $- | $-12.96M | $-14.00K | $-2.00K | $- | $-11.23M | $-34.00K | $- | $-2.00K | $-10.46M | $- | $-96.00K | $-259.00K | $-5.11M | $-12.00K | $-5.00K | $-118.00K | $-25.01M |
| Dividends Paid | $-82.63M | $-82.36M | $-82.35M | $-83.87M | $-78.41M | $-78.41M | $-78.39M | $-80.08M | $-72.22M | $-72.16M | $-72.16M | $-73.09M | $-64.05M | $-64.08M | $-64.15M | $-64.95M | $-170.40M | $- | $-84.83M | $-85.57M |
| Other Financing Activities | $-835.00K | $18.86M | $-3.55M | $-3.77M | $-83.00K | $-226.00K | $-414.00K | $-60.00K | $11.00K | $-175.00K | $-8.22M | $-10.46M | $-185.00K | $-30.16M | $-585.00K | $-3.09M | $-16.76M | $-3.94M | $-13.64M | $-3.81M |
| Net Cash Used Provided by Financing Activities | $11.91M | $-100.89M | $-19.06M | $280.17M | $-65.00M | $-73.64M | $-120.06M | $-169.37M | $-147.24M | $-106.65M | $68.16M | $-194.68M | $-59.09M | $-95.96M | $-64.74M | $-73.79M | $-333.61M | $171.39M | $-282.19M | $517.11M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-73.75M | $-22.51M | $56.55M | $399.51M | $221.00K | $3.82M | $-20.57M | $14.17M | $-9.99M | $2.50M | $-11.63M | $-257.36M | $-106.62M | $-1.02M | $32.70M | $2.60M | $-241.13M | $291.23M | $-267.10M | $565.57M |
| Cash at End of Period | $378.69M | $452.45M | $474.96M | $418.41M | $18.90M | $18.68M | $14.86M | $35.43M | $21.26M | $31.25M | $28.76M | $40.38M | $297.74M | $404.36M | $405.39M | $372.68M | $370.09M | $611.22M | $319.99M | $587.09M |
| Cash at Beginning of Period | $452.45M | $474.96M | $418.41M | $18.90M | $18.68M | $14.86M | $35.43M | $21.26M | $31.25M | $28.76M | $40.38M | $297.74M | $404.36M | $405.39M | $372.68M | $370.09M | $611.22M | $319.99M | $587.09M | $21.52M |
| Operating Cash Flow | $155.17M | $157.48M | $183.52M | $128.52M | $135.28M | $158.57M | $159.89M | $135.05M | $125.22M | $167.04M | $161.86M | $112.26M | $127.36M | $150.02M | $164.35M | $110.51M | $119.47M | $144.07M | $84.49M | $95.07M |
| Capital Expenditure | $- | $167.03M | $-90.17M | $-76.86M | $-90.73M | $-98.36M | $-83.69M | $-72.38M | $-97.23M | $-86.17M | $-76.83M | $-70.12M | $-96.20M | $-77.12M | $-72.41M | $-62.84M | $- | $- | $- | $- |
| Free Cash Flow | $155.17M | $324.50M | $93.36M | $51.66M | $44.55M | $60.21M | $76.20M | $62.68M | $27.99M | $80.87M | $85.02M | $42.14M | $31.16M | $72.90M | $91.94M | $47.67M | $119.47M | $144.07M | $84.49M | $95.07M |
Brixmor Property Group Dividends
Explore Brixmor Property Group's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
3.92%
Dividend Payout Ratio
97.62%
Dividend Paid & Capex Coverage Ratio
1.89x
Brixmor Property Group Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.2875 | $0.2875 | April 02, 2025 | April 02, 2025 | April 15, 2025 | February 10, 2025 |
| $0.2875 | $0.2875 | January 03, 2025 | January 03, 2025 | January 15, 2025 | October 28, 2024 |
| $0.2725 | $0.2725 | October 02, 2024 | October 02, 2024 | October 15, 2024 | July 29, 2024 |
| $0.2725 | $0.2725 | July 02, 2024 | July 02, 2024 | July 15, 2024 | April 29, 2024 |
| $0.2725 | $0.2725 | April 01, 2024 | April 02, 2024 | April 15, 2024 | February 12, 2024 |
| $0.2725 | $0.2725 | January 02, 2024 | January 03, 2024 | January 16, 2024 | October 30, 2023 |
| $0.26 | $0.26 | October 02, 2023 | October 03, 2023 | October 16, 2023 | July 31, 2023 |
| $0.26 | $0.26 | July 03, 2023 | July 05, 2023 | July 17, 2023 | May 01, 2023 |
| $0.26 | $0.26 | April 03, 2023 | April 04, 2023 | April 17, 2023 | February 13, 2023 |
| $0.26 | $0.26 | January 03, 2023 | January 04, 2023 | January 17, 2023 | November 01, 2022 |
| $0.24 | $0.24 | October 03, 2022 | October 04, 2022 | October 17, 2022 | August 01, 2022 |
| $0.24 | $0.24 | July 01, 2022 | July 05, 2022 | July 15, 2022 | May 02, 2022 |
| $0.24 | $0.24 | April 04, 2022 | April 05, 2022 | April 18, 2022 | February 07, 2022 |
| $0.24 | $0.24 | January 04, 2022 | January 05, 2022 | January 18, 2022 | November 01, 2021 |
| $0.215 | $0.215 | October 04, 2021 | October 05, 2021 | October 15, 2021 | August 02, 2021 |
| $0.215 | $0.215 | July 02, 2021 | July 06, 2021 | July 15, 2021 | May 03, 2021 |
| $0.215 | $0.215 | April 01, 2021 | April 05, 2021 | April 15, 2021 | February 11, 2021 |
| $0.215 | $0.215 | January 05, 2021 | January 06, 2021 | January 15, 2021 | November 04, 2020 |
| $0.285 | $0.285 | April 03, 2020 | April 06, 2020 | April 15, 2020 | February 10, 2020 |
| $0.285 | $0.285 | January 03, 2020 | January 06, 2020 | January 15, 2020 | October 28, 2019 |
Brixmor Property Group News
Read the latest news about Brixmor Property Group, including recent articles, headlines, and updates.
BRIXMOR PROPERTY GROUP ANNOUNCES FIRST QUARTER 2025 EARNINGS RELEASE AND TELECONFERENCE DATES
NEW YORK , March 11, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that it will release its 2025 first quarter earnings on Monday, April 28, 2025 after the market close. Brixmor will host a teleconference on Tuesday, April 29, 2025 at 10:00 AM ET.
BRIXMOR PROPERTY GROUP PRICES OFFERING OF SENIOR NOTES
NEW YORK , Feb. 27, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today that its operating partnership, Brixmor Operating Partnership LP (the "Operating Partnership"), priced an offering of $400 million aggregate principal amount of 5.200% Senior Notes due 2032 (the "Notes"). The Notes will be issued at 99.831% of par value with a coupon of 5.200%.
BRIXMOR PROPERTY GROUP TO PRESENT AT CITI's 2025 GLOBAL PROPERTY CEO CONFERENCE
NEW YORK , Feb. 24, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that the Company will present at Citi's 2025 Global Property CEO Conference Monday, March 3, 2025, from 10:15 AM ET to 10:50 AM ET. Event: Brixmor Property Group Presentation at Citi's 2025 Global Property CEO Conference When: 10:15 AM ET, Monday, March 3, 2025 Live Webcast: Citi's 2025 Global Property CEO Conference under the Investors tab at https://www.brixmor.com A replay of the webcast will be available through March 4, 2026.
REITs Win As Weak Retailers Go Bankrupt
Retailer bankruptcies present opportunities for REITs due to high demand and low supply of shopping center space, leading to higher rents and better tenants. Leases are both liabilities and assets; bankruptcy allows REITs to re-lease space at higher market rates, enhancing revenue. Strong demand for retail space has shifted negotiations in favor of landlords, increasing occupancy and lease rates, and improving tenant quality.
Brixmor Property: Income And Value All In One
Brixmor Property offers a well-covered dividend supported by resilient fundamentals, strong occupancy, and strategic redevelopment projects with high NOI yields. BRX's portfolio of grocery-anchored centers ensures e-commerce and recession resilience, with strong demand reflected by a 21% blended rent spread. BRX maintains a healthy balance sheet, upgraded credit rating, and ample liquidity, supporting continued growth and stability.
Brixmor Property Group Inc. (BRX) Q4 2024 Earnings Call Transcript
Brixmor Property Group Inc. (NYSE:BRX ) Q4 2024 Earnings Conference Call February 11, 2025 10:00 AM ET Company Participants Stacy Slater - SVP, IR Jim Taylor - CEO Brian Finnegan - President and COO Steve Gallagher - EVP and CFO Conference Call Participants Samir Khanal - Evercore ISI Andrew Reale - Bank of America Greg McGinniss - Scotiabank Craig Mailman - Citi Dori Kesten - Wells Fargo Juan Sanabria - BMO Capital Markets Connor Mitchell - Piper Sandler Caitlin Burrows - Goldman Sachs Linda Tsai - Jefferies Paulina Rojas - Green Street Kenneth Billingsley - Compass Point Omotayo Okusanya - Deutsche Bank Todd Thomas - KeyBanc Capital Markets Ki Bin Kim - Truist Securities Operator Greetings. Welcome to Brixmor Property Group, Inc., Fourth Quarter 2024 Earnings Conference Call.
Brixmor (BRX) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Brixmor (BRX) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
BRIXMOR PROPERTY GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS
- Continues to Leverage Strong Tenant Demand - NEW YORK , Feb. 10, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three and twelve months ended December 31, 2024. For the three months ended December 31, 2024 and 2023, net income attributable to Brixmor Property Group, Inc. was $0.27 per diluted share and $0.24 per diluted share, respectively, and for the twelve months ended December 31, 2024 and 2023, net income attributable to Brixmor Property Group, Inc. was $1.11 per diluted share and $1.01 per diluted share, respectively.
BRIXMOR PROPERTY GROUP ANNOUNCES TAX REPORTING INFORMATION FOR 2024 DISTRIBUTIONS
NEW YORK , Jan. 15, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today the tax reporting information for the 2024 distributions on its common stock. The tax reporting information as it will be reported on the Form 1099-DIV, on a per share basis, is as follows: COMMON SHARES (NYSE: BRX); CUSIP # 11120U105 Record Date Payable Date Total Distribution Per Share Total Ordinary Dividends Total Capital Gain Distributions Unrecaptured Sec.1250 Gain (1) Return of Capital Section 199A Dividends 1/03/24 1/16/24 $0.2725 $0.2725 $0.0000 $0.0000 $0.0000 $0.2725 4/02/24 4/15/24 $0.2725 $0.2725 $0.0000 $0.0000 $0.0000 $0.2725 7/02/24 7/15/24 $0.2725 $0.2725 $0.0000 $0.0000 $0.0000 $0.2725 10/02/24 10/15/24 $0.2725 $0.2725 $0.0000 $0.0000 $0.0000 $0.2725 Totals $1.0900 $1.0900 $0.0000 $0.0000 $0.0000 $1.0900 (1) Represents additional characterization of amounts included in Total Capital Gain Distributions.
Fire And Ice
US equity markets tumbled this week while benchmark interest rates surged to the cusp of multi-decade highs after a critical slate of employment data showed surprisingly buoyant labor market trends. Prompting a hawkish re-think of Fed policy expectations, inflation worries were further inflamed by surging energy prices amid frigid temperatures across the Central and East, while L.A. battled destructive wildfires. Real estate equities - the most rate-sensitive sector - were significant laggards this week as rate cut expectations soured, with REITs extending their year-end slide into early 2025.
BRIXMOR PROPERTY GROUP PROVIDES UPDATE ON FOURTH QUARTER INVESTMENT ACTIVITY
NEW YORK , Jan. 7, 2025 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today investment activity for the three and twelve months ended December 31, 2024. This activity reflects Brixmor's disciplined strategy of clustering its portfolio in attractive markets where the Company can leverage its platform to deliver long-term value and earnings growth.
REITs Remain On Naughty List
U.S. equity markets rebounded after their worst week since November, while interest rates swelled to fresh seven-month highs as investors parsed data showing relatively strong retail and travel demand trends. Recovering from a slide of over 2% last week, the S&P 500 advanced 0.7%, lifting its year-to-date gains to over 26%. The Nasdaq 100 extended its 2024 gains to 28%. Real estate equities underperformed again following punishing declines last week on the heels of the Fed's hawkish pivot, and remain significant laggards for a second-straight year with muted 4% gains.
MOODY'S INVESTOR SERVICES UPGRADES BRIXMOR PROPERTY GROUP CREDIT RATING TO 'Baa2'
NEW YORK , Dec. 20, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today that Moody's Investor Services ("Moody's") raised its issuer credit ratings on Brixmor Property Group Inc. and the Company's operating partnership, Brixmor Operating Partnership LP, to 'Baa2' from 'Baa3', with a stable outlook. Moody's indicated in their announcement that this upgrade reflects the Company's consistently strong operating results, strong asset quality, and improved leverage ratios.
BRIXMOR PROPERTY GROUP ANNOUNCES FOURTH QUARTER 2024 EARNINGS RELEASE AND TELECONFERENCE DATES
NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that it will release its 2024 fourth quarter earnings on Monday, February 10, 2025 after the market close. Brixmor will host a teleconference on Tuesday, February 11, 2025 at 10:00 AM ET.
3 Retail REIT Leaders Positioned to Thrive Amid Industry Optimism
Amid limited supply and a focus on omnichannel retailing, adaptability and essential retail tenants, the Zacks REIT and Equity Trust - Retail stocks REG, BRX and SKT are gaining attention for their potential to thrive in current market conditions.
Property Type Round-Up From REITworld 2024
REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior housing demand and limited new supply, despite valuation debates and management changes at Healthcare Realty. Multifamily and single-family rental sectors show regional variability, but long-term growth driven by demographic trends.
It Is SNOing In November For REITs
Real estate activity is rebounding as macroeconomic uncertainties clear, with significant leasing volume in data centers and retail sectors, leading to future revenue visibility. SNO leases in data centers and retail REITs provide excellent visibility into future annual base rent, impacting future FFO growth as leases commence in 2025-2026. Retail REITs like CTO and Brixmor benefit from high-margin SNO leases filling vacant spaces, translating to substantial AFFO growth, unlike lower-margin data center leases.
Brixmor Property Group: Weighing The Impact Of Non-Essential Retail And Tenant Quality
Brixmor Property Group has delivered over 37% total returns since November 2023, with a current forward yield of 4.16% and a low P/FFO multiple of 12.92x. Looking at BRX stock, I can see a compelling entry point in terms of the valuations relative to other peers such as REG, KIM and FRT. However, diving deeper a bit more, I will also identify some reasons why the discount could be justified.
Pivotal Decisions
Ahead of a pivotal week of consequential decisions, U.S. equity markets posted a second-straight week of declines as investors parsed a relatively disappointing slate of employment and inflation data. The pivotal Nonfarm Payrolls report showed that the U.S. economy added just 12k jobs in October - the weakest month since 2020 - with notably weaker trends under the surface. Private employment declined by 28k during the month, fueled by the largest plunge in manufacturing employment since the pandemic shutdown, alongside job declines in retail, transportation, and hospitality.
Brixmor Property Group Inc. (BRX) Q3 2024 Earnings Call Transcript
Brixmor Property Group Inc. (NYSE:BRX ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Samantha Strong - VP, IR Jim Taylor - CEO Brian Finnegan - President and COO Steve Gallagher - EVP and CFO Mark Horgan - EVP and CIO Conference Call Participants Juan Sanabria - BMO Capital Markets Viktor Fediv - Scotiabank Todd Thomas - KeyBanc Capital Markets Jeff Spector - Bank of America Floris van Dijkum - Compass Point Ki Bin Kim - Truist Securities Craig Mailman - Citi Alexander Goldfarb - Piper Sandler Samir Khanal - Evercore ISI Dori Kesten - Wells Fargo Haendel St. Juste - Mizuho Securities Caitlin Burrows - Goldman Sachs Mike Mueller - JPMorgan Paulina Rojas - Green Street Conor Peaks - Deutsche Bank Operator Ladies and gentlemen good morning, and welcome to the Brixmor Property Group Inc. Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Here's What Key Metrics Tell Us About Brixmor (BRX) Q3 Earnings
While the top- and bottom-line numbers for Brixmor (BRX) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
BRIXMOR PROPERTY GROUP REPORTS THIRD QUARTER 2024 RESULTS
- Delivered Record Occupancy and ABR PSF - NEW YORK , Oct. 28, 2024 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three and nine months ended September 30, 2024. For the three months ended September 30, 2024 and 2023, net income was $0.32 per diluted share and $0.21 per diluted share, respectively, and for the nine months ended September 30, 2024 and 2023, net income was $0.84 per diluted share and $0.77 per diluted share, respectively.
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