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BXP, Inc. cash flow statement

In fiscal 2025, BXP, Inc.'s operations generated $1.25bn of cash; it spent $217m on capital projects, leaving free cash flow of $1.03bn. It returned $643m in dividends.

Cash flow statement

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

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations6173766066437786967991,0359121,1501,1811,1571,1331,2821,3021,2351,2451,285
Depreciation and amortisation322338439454565629640694618646678684717750831887912933
Stock-based pay273330304528293335404144515251444450
Capital spending292162507482113151222190181160151177171190217143
Free cash flow5893555445937046136878846899601,0019979821,1051,1301,0451,0281,141
Free cash flow after stock pay5623225155636595856578516549209609539311,0531,0791,0019841,091
Dividends paid3573253333734518401,226672527588666689684685688690643545
Shares issued85123100−021−00−114324−00−2−0−0

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from BXP, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to BXP, Inc.