BXP vs. EQR: A Head-to-Head Stock Comparison

Updated on August 19, 2025

Here’s a clear look at BXP and EQR, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Both BXP and EQR are Real Estate Investment Trusts (REITs). These entities are required to distribute the majority of their taxable income to shareholders, often resulting in higher dividend yields.

Symbol	BXP	EQR
Company Name	BXP, Inc.	Equity Residential
Country	United States	United States
GICS Sector	Real Estate	Real Estate
GICS Industry	Office REITs	Residential REITs
Market Capitalization	11.58 billion USD	25.18 billion USD
Exchange	NYSE	NYSE
Listing Date	June 18, 1997	August 12, 1993
Security Type	REIT	REIT

Historical Performance

This chart compares the performance of BXP and EQR by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

BXP vs. EQR: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	BXP	EQR
5-Day Price Return	-0.29%	0.16%
13-Week Price Return	-1.65%	-9.75%
26-Week Price Return	-9.52%	-11.27%
52-Week Price Return	-2.53%	-9.68%
Month-to-Date Return	0.11%	1.25%
Year-to-Date Return	-11.91%	-10.83%
10-Day Avg. Volume	2.11M	2.61M
3-Month Avg. Volume	1.68M	2.11M
3-Month Volatility	31.28%	21.25%
Beta	1.24	0.92

Profitability

Return on Equity (TTM)

BXP

0.09%

Office REITs Industry

Max: 9.47%
Q3: 6.07%
Median: 3.22%
Q1: 0.83%
Min: -0.08%

BXP’s Return on Equity of 0.09% is in the lower quartile for the Office REITs industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

EQR

9.21%

Residential REITs Industry

Max: 12.21%
Q3: 9.45%
Median: 7.42%
Q1: 2.50%
Min: 0.37%

EQR’s Return on Equity of 9.21% is on par with the norm for the Residential REITs industry, indicating its profitability relative to shareholder equity is typical for the sector.

BXP vs. EQR: A comparison of their Return on Equity (TTM) against their respective Office REITs and Residential REITs industry benchmarks.

Net Profit Margin (TTM)

BXP

0.14%

Office REITs Industry

Max: 74.75%
Q3: 44.46%
Median: 31.39%
Q1: 5.85%
Min: -0.35%

In the Office REITs industry, Net Profit Margin is often not the primary profitability metric.

EQR

33.22%

Residential REITs Industry

Max: 67.49%
Q3: 38.86%
Median: 25.74%
Q1: 7.62%
Min: 0.15%

In the Residential REITs industry, Net Profit Margin is often not the primary profitability metric.

BXP vs. EQR: A comparison of their Net Profit Margin (TTM) against their respective Office REITs and Residential REITs industry benchmarks.

Operating Profit Margin (TTM)

BXP

29.78%

Office REITs Industry

Max: 91.62%
Q3: 51.67%
Median: 42.78%
Q1: 23.56%
Min: 14.93%

In the Office REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

EQR

45.56%

Residential REITs Industry

Max: 54.06%
Q3: 45.82%
Median: 29.89%
Q1: 19.34%
Min: 5.28%

In the Residential REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

BXP vs. EQR: A comparison of their Operating Profit Margin (TTM) against their respective Office REITs and Residential REITs industry benchmarks.

Profitability at a Glance

Symbol	BXP	EQR
Return on Equity (TTM)	0.09%	9.21%
Return on Assets (TTM)	0.02%	4.85%
Net Profit Margin (TTM)	0.14%	33.22%
Operating Profit Margin (TTM)	29.78%	45.56%
Gross Profit Margin (TTM)	60.37%	63.05%

Financial Strength

Current Ratio (MRQ)

BXP

1.13

Office REITs Industry

Max: 1.49
Q3: 1.22
Median: 0.67
Q1: 0.44
Min: 0.14

BXP’s Current Ratio of 1.13 aligns with the median group of the Office REITs industry, indicating that its short-term liquidity is in line with its sector peers.

EQR

0.02

Residential REITs Industry

Max: 1.28
Q3: 0.64
Median: 0.21
Q1: 0.12
Min: 0.00

EQR’s Current Ratio of 0.02 falls into the lower quartile for the Residential REITs industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

BXP vs. EQR: A comparison of their Current Ratio (MRQ) against their respective Office REITs and Residential REITs industry benchmarks.

Debt-to-Equity Ratio (MRQ)

BXP

3.08

Office REITs Industry

Max: 1.62
Q3: 1.32
Median: 0.87
Q1: 0.73
Min: 0.42

With a Debt-to-Equity Ratio of 3.08, BXP operates with exceptionally high leverage compared to the Office REITs industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

EQR

0.76

Residential REITs Industry

Max: 1.62
Q3: 1.10
Median: 0.83
Q1: 0.69
Min: 0.28

EQR’s Debt-to-Equity Ratio of 0.76 is typical for the Residential REITs industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

BXP vs. EQR: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Office REITs and Residential REITs industry benchmarks.

Interest Coverage Ratio (TTM)

BXP

1.09

Office REITs Industry

Max: 3.98
Q3: 3.37
Median: 1.66
Q1: 1.16
Min: 0.14

In the lower quartile for the Office REITs industry, BXP’s Interest Coverage Ratio of 1.09 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

EQR

5.11

Residential REITs Industry

Max: 5.11
Q3: 4.01
Median: 2.53
Q1: 1.52
Min: 0.52

EQR’s Interest Coverage Ratio of 5.11 is in the upper quartile for the Residential REITs industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

BXP vs. EQR: A comparison of their Interest Coverage Ratio (TTM) against their respective Office REITs and Residential REITs industry benchmarks.

Financial Strength at a Glance

Symbol	BXP	EQR
Current Ratio (MRQ)	1.13	0.02
Quick Ratio (MRQ)	1.08	0.02
Debt-to-Equity Ratio (MRQ)	3.08	0.76
Interest Coverage Ratio (TTM)	1.09	5.11

Growth

Revenue Growth

BXP vs. EQR: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

BXP vs. EQR: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

BXP

6.86%

Office REITs Industry

Max: 6.88%
Q3: 5.94%
Median: 4.58%
Q1: 3.82%
Min: 1.22%

With a Dividend Yield of 6.86%, BXP offers a more attractive income stream than most of its peers in the Office REITs industry, signaling a strong commitment to shareholder returns.

EQR

4.31%

Residential REITs Industry

Max: 4.21%
Q3: 3.83%
Median: 3.40%
Q1: 3.27%
Min: 2.80%

EQR’s Dividend Yield of 4.31% is exceptionally high, placing it well above the typical range for the Residential REITs industry. While this may seem attractive, an unusually high yield can sometimes be a warning sign, reflecting a falling stock price or market concerns about the dividend’s sustainability.

BXP vs. EQR: A comparison of their Dividend Yield (TTM) against their respective Office REITs and Residential REITs industry benchmarks.

Dividend Payout Ratio (TTM)

BXP

222.09%

Office REITs Industry

Max: 231.12%
Q3: 180.65%
Median: 94.76%
Q1: 87.60%
Min: 1.02%

BXP’s Dividend Payout Ratio of 222.09% is in the upper quartile for the Office REITs industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

EQR

102.14%

Residential REITs Industry

Max: 210.87%
Q3: 145.45%
Median: 102.94%
Q1: 84.58%
Min: 17.15%

EQR’s Dividend Payout Ratio of 102.14% is within the typical range for the Residential REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

BXP vs. EQR: A comparison of their Dividend Payout Ratio (TTM) against their respective Office REITs and Residential REITs industry benchmarks.

Dividend at a Glance

Symbol	BXP	EQR
Dividend Yield (TTM)	6.86%	4.31%
Dividend Payout Ratio (TTM)	222.09%	102.14%

Valuation

Price-to-Earnings Ratio (TTM)

BXP

2,046.22

Office REITs Industry

Max: 48.29
Q3: 44.14
Median: 23.60
Q1: 18.77
Min: 6.08

The P/E Ratio is often not the primary metric for valuation in the Office REITs industry.

EQR

23.67

Residential REITs Industry

Max: 177.01
Q3: 109.22
Median: 31.26
Q1: 25.84
Min: 8.46

The P/E Ratio is often not the primary metric for valuation in the Residential REITs industry.

BXP vs. EQR: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Office REITs and Residential REITs industry benchmarks.

Price-to-Sales Ratio (TTM)

BXP

2.92

Office REITs Industry

Max: 14.09
Q3: 9.33
Median: 6.96
Q1: 4.25
Min: 2.65

In the lower quartile for the Office REITs industry, BXP’s P/S Ratio of 2.92 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

EQR

7.86

Residential REITs Industry

Max: 12.50
Q3: 10.33
Median: 8.01
Q1: 6.55
Min: 5.06

EQR’s P/S Ratio of 7.86 aligns with the market consensus for the Residential REITs industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

BXP vs. EQR: A comparison of their Price-to-Sales Ratio (TTM) against their respective Office REITs and Residential REITs industry benchmarks.

Price-to-Book Ratio (MRQ)

BXP

2.03

Office REITs Industry

Max: 2.06
Q3: 1.34
Median: 1.02
Q1: 0.68
Min: 0.57

BXP’s P/B Ratio of 2.03 is in the upper tier for the Office REITs industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

EQR

2.33

Residential REITs Industry

Max: 4.49
Q3: 2.83
Median: 2.20
Q1: 1.42
Min: 0.67

EQR’s P/B Ratio of 2.33 is within the conventional range for the Residential REITs industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

BXP vs. EQR: A comparison of their Price-to-Book Ratio (MRQ) against their respective Office REITs and Residential REITs industry benchmarks.

Valuation at a Glance

Symbol	BXP	EQR
Price-to-Earnings Ratio (TTM)	2,046.22	23.67
Price-to-Sales Ratio (TTM)	2.92	7.86
Price-to-Book Ratio (MRQ)	2.03	2.33
Price-to-Free Cash Flow Ratio (TTM)	105.45	43.07