This page shows Brixmor Ppty Group Inc (BRX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A depreciation-heavy property model turns modest accounting earnings into stronger operating cash flow despite meaningful leverage.
By FY2025, operating cash flow reached$652M while net income was$386M , showing that large non-cash depreciation is making reported profit look smaller than the cash the portfolio actually produces. That gap matters because interest expense climbed from$191M to$225M over the last two years, yet operating cash flow still rose, so recurring operations—not just accounting earnings—are carrying financing costs.
The clearest overhead leverage is in corporate costs: SG&A was about
This remains a balance-sheet-funded business: long-term debt was
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Brixmor Ppty Group Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Brixmor Ppty Group Inc's revenue grew 6.7% year-over-year to $1.4B, a solid pace of expansion. This earns a growth score of 42/100.
Brixmor Ppty Group Inc carries a low D/E ratio of 1.83, meaning only $1.83 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 65/100, indicating a strong balance sheet with room for future borrowing.
Brixmor Ppty Group Inc's ROE of 12.8% shows moderate profitability relative to equity, earning a score of 38/100. This is up from 11.4% the prior year.
Brixmor Ppty Group Inc passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Brixmor Ppty Group Inc generates $1.69 in operating cash flow ($652.0M OCF vs $386.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Brixmor Ppty Group Inc generated $1.4B in revenue in fiscal year 2025. This represents an increase of 6.7% from the prior year.
Brixmor Ppty Group Inc reported $386.2M in net income in fiscal year 2025. This represents an increase of 13.8% from the prior year.
Brixmor Ppty Group Inc earned $1.25 per diluted share (EPS) in fiscal year 2025. This represents an increase of 12.6% from the prior year.
Cash & Balance Sheet
Brixmor Ppty Group Inc held $334.4M in cash against $5.5B in long-term debt as of fiscal year 2025.
Brixmor Ppty Group Inc paid $1.17 per share in dividends in fiscal year 2025. This represents an increase of 5.9% from the prior year.
Brixmor Ppty Group Inc had 307M shares outstanding in fiscal year 2025. This represents an increase of 0.2% from the prior year.
Margins & Returns
Brixmor Ppty Group Inc's net profit margin was 28.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.8 percentage points from the prior year.
Brixmor Ppty Group Inc's ROE was 12.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.5 percentage points from the prior year.
Capital Allocation
BRX Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $354.8M+0.3% | $353.8M+3.8% | $340.8M+0.4% | $339.5M+0.6% | $337.5M+2.8% | $328.4M+2.4% | $320.7M+1.6% | $315.7M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $28.2M-1.5% | $28.6M+6.9% | $26.8M-8.0% | $29.1M+3.3% | $28.2M+0.9% | $27.9M-7.7% | $30.3M+1.9% | $29.7M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $59.4M-0.2% | $59.5M+5.0% | $56.7M+4.2% | $54.4M+0.6% | $54.1M-2.4% | $55.4M+0.1% | $55.4M+3.3% | $53.7M |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $127.8M-6.8% | $137.1M+45.5% | $94.2M+10.7% | $85.1M+22.1% | $69.7M-16.4% | $83.4M-13.9% | $96.8M+38.1% | $70.1M |
| EPS (Diluted) | $0.41 | N/A | $0.31+10.7% | $0.28+21.7% | $0.23 | N/A | $0.32+39.1% | $0.23 |
BRX Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.1B-0.3% | $9.1B+0.9% | $9.0B+5.1% | $8.6B+0.1% | $8.6B-3.5% | $8.9B+1.8% | $8.7B+0.2% | $8.7B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $323.9M-3.1% | $334.4M+0.9% | $331.5M+215.8% | $105.0M-1.5% | $106.5M-71.8% | $377.6M-16.3% | $451.3M-4.7% | $473.6M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $6.1B-0.9% | $6.1B+0.6% | $6.1B+7.7% | $5.7B+0.2% | $5.6B-4.8% | $5.9B+0.9% | $5.9B-0.1% | $5.9B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $5.5B0.0% | $5.5B0.0% | $5.5B+7.8% | $5.1B-0.1% | $5.1B-4.4% | $5.3B | N/A | N/A |
| Total Equity | $3.0B+0.9% | $3.0B+1.6% | $3.0B+0.3% | $3.0B0.0% | $3.0B-1.0% | $3.0B+3.6% | $2.9B+0.9% | $2.9B |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
BRX Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $141.2M-18.0% | $172.2M+2.3% | $168.3M-7.3% | $181.5M+39.5% | $130.1M-16.2% | $155.2M-1.5% | $157.5M-14.2% | $183.5M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $35.4M+135.9% | -$98.5M+51.9% | -$204.8M-139.4% | -$85.5M-34.8% | -$63.5M+73.7% | -$240.8M-204.5% | -$79.1M+26.7% | -$107.9M |
| Financing Cash Flow | -$113.5M-28.0% | -$88.7M-128.9% | $307.1M+415.0% | -$97.5M+71.1% | -$337.9M-2937.3% | $11.9M+111.8% | -$100.9M-429.3% | -$19.1M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
BRX Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 36.0%-2.8pp | 38.8%+11.1pp | 27.7%+2.6pp | 25.1%+4.4pp | 20.7%-4.7pp | 25.4%-4.8pp | 30.2%+8.0pp | 22.2% |
| Return on Equity | 4.2%-0.4pp | 4.6%+1.4pp | 3.2%+0.3pp | 2.9%+0.5pp | 2.4%-0.4pp | 2.8%-0.6pp | 3.4%+0.9pp | 2.5% |
| Return on Assets | 1.4%-0.1pp | 1.5%+0.5pp | 1.0%+0.0pp | 1.0%+0.2pp | 0.8%-0.1pp | 0.9%-0.2pp | 1.1%+0.3pp | 0.8% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 1.81-0.0 | 1.83-0.0 | 1.85+0.1 | 1.730.0 | 1.73-0.1 | 1.79-0.2 | 2.04-0.0 | 2.06 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Brixmor Ppty Group Inc's annual revenue?
Brixmor Ppty Group Inc (BRX) reported $1.4B in total revenue for fiscal year 2025. This represents a 6.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Brixmor Ppty Group Inc's revenue growing?
Brixmor Ppty Group Inc (BRX) revenue grew by 6.7% year-over-year, from $1.3B to $1.4B in fiscal year 2025.
Is Brixmor Ppty Group Inc profitable?
Yes, Brixmor Ppty Group Inc (BRX) reported a net income of $386.2M in fiscal year 2025, with a net profit margin of 28.2%.
How much debt does Brixmor Ppty Group Inc have?
As of fiscal year 2025, Brixmor Ppty Group Inc (BRX) had $334.4M in cash and equivalents against $5.5B in long-term debt.
What is Brixmor Ppty Group Inc's net profit margin?
Brixmor Ppty Group Inc (BRX) had a net profit margin of 28.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Brixmor Ppty Group Inc pay dividends?
Yes, Brixmor Ppty Group Inc (BRX) paid $1.17 per share in dividends during fiscal year 2025.
What is Brixmor Ppty Group Inc's return on equity (ROE)?
Brixmor Ppty Group Inc (BRX) has a return on equity of 12.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Brixmor Ppty Group Inc's operating cash flow?
Brixmor Ppty Group Inc (BRX) generated $652.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Brixmor Ppty Group Inc's total assets?
Brixmor Ppty Group Inc (BRX) had $9.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Brixmor Ppty Group Inc's debt-to-equity ratio?
Brixmor Ppty Group Inc (BRX) had a debt-to-equity ratio of 1.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Brixmor Ppty Group Inc's return on assets (ROA)?
Brixmor Ppty Group Inc (BRX) had a return on assets of 4.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Brixmor Ppty Group Inc's Piotroski F-Score?
Brixmor Ppty Group Inc (BRX) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Brixmor Ppty Group Inc's earnings high quality?
Brixmor Ppty Group Inc (BRX) has an earnings quality ratio of 1.69x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Brixmor Ppty Group Inc?
Brixmor Ppty Group Inc (BRX) scores 24 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.