Is it safe?
Can BXP take a bad year?
BXP, Inc. carries $4.48B of net debt at 2.88× EBITDA: a load its earnings can carry.
$4.48B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.88×
Net debt / EBITDA · 8.31× a year ago · the load is coming down
- Interest cover
- 0.99×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 30%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ1 2026
- $5.03B
- Cash and short-term investments
- $555M
- Net debt
- $4.48B
- EBITDA, trailing twelve months
- $1.56B
- Operating profit, trailing twelve months
- $637M
- Debt / equity
- 0.98×
- Total debt / EBITDA
- 3.23×
- Annualised volatilitytwo years of daily moves
- 30%
- Worst drawdown on file
- −64%
- Below its 52-week high
- −7.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.