GoAI
Get started
Brandywine Realty Trust logo

Brandywine Realty Trust

BDN

NYSEReal EstateREIT - Office

Open in GoAI

Latest quote

$3.02

$0.00 · 0.00%

Aug 21, 3:55 PM ET

BDN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 1, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

100

Deep Value

Momentum

46

Neutral

Sentiment

55

Mixed

Risk resilience

55

Elevated Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Brandywine Realty Trust (NYSE: BDN) is a prominent, publicly traded Real Estate Investment Trust (REIT) operating across the United States. The company stands as a full-service, integrated real estate enterprise, primarily concentrating its operations in key markets such as Philadelphia, Austin, and Washington, D.C. Brandywine actively acquires, develops, leases, and manages a diverse portfolio of urban, town center, and transit-oriented properties. As of December 31, 2020, this extensive portfolio comprised approximately 175 properties, totaling 24.7 million square feet, a figure which excludes assets held for sale. At its core, Brandywine aims to shape, connect, and inspire the environment around it, achieving this through its specialized expertise, the robust relationships it cultivates, its engagement with the communities it serves, and the lasting legacy it collectively builds.

Industry
REIT - Office
Sector
Real Estate
Headquarters
US
CEO
Gerard H. Sweeney
Listed since
Jul 24, 1986
Employees
273

Market position

Volume
522.71K
0.27× average
Average volume
1.94M
Average daily volume
Market cap
523.44M USD
Beta
1.25
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.05B USD
P/E (TTM)
-3.7×
P/B (TTM)
0.76×
P/S (TTM)
1.05×
EV / EBITDA
22.18×
Earnings yield
-35.43%
Free cash flow yield
0.65%
Dividend yield
10.56%

Profitability & efficiency

Gross margin
22.14%
Operating margin
13.42%
Net margin
-28.69%
Return on equity
-22.64%
Return on assets
-5.00%
Return on invested capital
83.46%

Financial health

Debt / equity
3.84×
Current ratio
1.31×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends73%33%-8%-49%Gross margin, FY2021: 61.32%Gross margin, FY2022: 61.59%Gross margin, FY2023: 63.09%Gross margin, FY2024: 62.94%Gross margin, FY2025: -11.06%Operating margin, FY2021: 19.16%Operating margin, FY2022: 23.66%Operating margin, FY2023: -4.19%Operating margin, FY2024: 10.86%Operating margin, FY2025: 16.68%Net margin, FY2021: 2.52%Net margin, FY2022: 10.64%Net margin, FY2023: -38.24%Net margin, FY2024: -38.75%Net margin, FY2025: -37.05%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 61.32%. Gross margin FY2022 61.59%. Gross margin FY2023 63.09%. Gross margin FY2024 62.94%. Gross margin FY2025 -11.06%. Operating margin FY2021 19.16%. Operating margin FY2022 23.66%. Operating margin FY2023 -4.19%. Operating margin FY2024 10.86%. Operating margin FY2025 16.68%. Net margin FY2021 2.52%. Net margin FY2022 10.64%. Net margin FY2023 -38.24%. Net margin FY2024 -38.75%. Net margin FY2025 -37.05%.

Income trends

Revenue

484.45M USD-4.17%

Operating income

80.8M USD+47.23%

Net income

−179.48M USD+8.39%
Income trends across reported periods585.8M USD301.22M USD16.64M USD−267.93M USDRevenue, FY2021: 486.82M USDRevenue, FY2022: 506.1M USDRevenue, FY2023: 514.65M USDRevenue, FY2024: 505.52M USDRevenue, FY2025: 484.45M USDOperating income, FY2021: 93.3M USDOperating income, FY2022: 119.73M USDOperating income, FY2023: −21.58M USDOperating income, FY2024: 54.88M USDOperating income, FY2025: 80.8M USDNet income, FY2021: 12.29M USDNet income, FY2022: 53.82M USDNet income, FY2023: −196.79M USDNet income, FY2024: −195.91M USDNet income, FY2025: −179.48M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 486.82M USD. Revenue FY2022 506.1M USD. Revenue FY2023 514.65M USD. Revenue FY2024 505.52M USD. Revenue FY2025 484.45M USD. Operating income FY2021 93.3M USD. Operating income FY2022 119.73M USD. Operating income FY2023 −21.58M USD. Operating income FY2024 54.88M USD. Operating income FY2025 80.8M USD. Net income FY2021 12.29M USD. Net income FY2022 53.82M USD. Net income FY2023 −196.79M USD. Net income FY2024 −195.91M USD. Net income FY2025 −179.48M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue484.45M USD505.52M USD514.65M USD506.1M USD486.82M USD
Cost of goods sold538.05M USD187.33M USD189.95M USD194.4M USD188.31M USD
Gross profit−53.6M USD318.19M USD324.7M USD311.7M USD298.51M USD
Selling, general, and administrative42.03M USD42.78M USD34.86M USD35.01M USD30.15M USD
Operating expenses−134.4M USD263.31M USD346.29M USD191.97M USD205.21M USD
Interest income4.4M USD3.85M USD1.67M USD1.91M USD8.3M USD
Interest expense140.07M USD121.31M USD99.83M USD71.86M USD65.45M USD
Depreciation and amortization176.43M USD178.17M USD188.8M USD177.98M USD178.11M USD
Operating income80.8M USD54.88M USD−21.58M USD119.73M USD93.3M USD
Net income−179.48M USD−195.91M USD−196.79M USD53.82M USD12.29M USD

Company facts updated Aug 24, 2026.

BDN news

globenewswire.com

Brandywine Realty Trust Announces Expiration of Tender Offer for the 2028 Notes

PHILADELPHIA, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today the expiration of the previously announced cash tender offer (the “2028 Notes Tender Offer”) by its operating…

Read source
globenewswire.com

Brandywine Realty Trust Announces Upsize and Extension of Expiration of the Previously Announced Tender Offer for the 2029 Notes

PHILADELPHIA, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today a $20,000,000 increase in the aggregate principal amount applicable to the 2029 Notes that it would accept (the “2029…

Read source
globenewswire.com

Brandywine Realty Trust Announces Cash Tender Offers

PHILADELPHIA, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P. (the “Operating Partnership”), has commenced the…

Read source
forbes.com

5 Dividend Stocks Wall Street Hates Paying Up To 12.9%

500 out of 500.

Read source
seekingalpha.com

Brandywine Realty Trust (BDN) Q2 2026 Earnings Call Transcript

Brandywine Realty Trust (BDN) Q2 2026 Earnings Call Transcript

Read source
marketbeat.com

Brandywine Realty Trust Q2 Earnings Call Highlights

Brandywine Realty Trust NYSE: BDN said second-quarter operating results generally met or exceeded its business plan, while management outlined continued efforts to sell assets, reduce debt and improve credit metrics.

Read source

BDN peers

Welltower Inc. logo

WELL

Welltower Inc.

$239.3

+0.80%

Prologis, Inc. logo

PLD

Prologis, Inc.

$141.8

+0.79%

American Tower Corporation logo

AMT

American Tower Corporation

$175.8

+0.05%

Simon Property Group, Inc. logo

SPG

Simon Property Group, Inc.

$218.29

-0.73%

Digital Realty Trust, Inc. logo

DLR

Digital Realty Trust, Inc.

$190.62

-1.89%

Public Storage logo

PSA

Public Storage

$322.49

-0.08%

ETFs holding BDN

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Real Estate ETF logoVanguard Real Estate ETFVNQ
Market value
19.09M
Weight
0.03%
AUM
73.1B USD
Expense ratio
0.13%
Price / 1D
$98.50-0.10%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
15.92M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
13.45M
Weight
0.02%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Global X - SuperDividend ETF logoGlobal X - SuperDividend ETFSDIV
Market value
11.93M
Weight
0.96%
AUM
1.24B USD
Expense ratio
0.58%
Price / 1D
$24.92+0.69%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
6.21M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Schwab Fundamental U.S. Small Company Index ETF logoSchwab Fundamental U.S. Small Company Index ETFFNDA
Market value
5.23M
Weight
0.06%
AUM
9.26B USD
Expense ratio
0.25%
Price / 1D
$37.73+0.75%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
5.07M
Weight
0.03%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
Schwab U.S. REIT ETF logoSchwab U.S. REIT ETFSCHH
Market value
4.16M
Weight
0.04%
AUM
11.39B USD
Expense ratio
0.07%
Price / 1D
$24.04-0.08%

Continue in GoAI

Research BDN

research.disclaimer