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Brandywine Realty Trust balance sheet

At the end of fiscal 2025, Brandywine Realty Trust had total assets of $3.59bn, total liabilities of $2.79bn and shareholders' equity of $793m. It held $32.3m in cash against $2.56bn of debt: net debt of $2.53bn.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Brandywine Realty Trust: balance sheet, annual
Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash and equivalents1942022390462718589032313
Total assets4,0993,9954,0774,0763,9003,8463,8753,7323,4923,5863,277
Long-term debt2,0131,9312,0282,1441,831—1,9652,1392,2132,5572,410
Total debt2,0131,9312,0282,1441,8312501,9652,1472,2262,5642,415
Total liabilities2,2162,1492,2662,3882,0952,1452,2412,4082,4482,7882,626
Shareholders' equity1,8661,8291,7991,6781,7941,6901,6261,3171,039793647
Net debt (negative = net cash)1,8191,7292,0052,0541,7842221,9472,0892,1362,5322,103
Shares outstanding175m178m177m176m171m171m172m172m173m174m170m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Brandywine Realty Trust's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Brandywine Realty Trust.