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

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

Company Profile

Both BXP and PLD 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.

SymbolBXPPLD
Company NameBXP, Inc.Prologis, Inc.
CountryUnited StatesUnited States
GICS SectorReal EstateReal Estate
GICS IndustryOffice REITsIndustrial REITs
Market Capitalization12.56 billion USD104.57 billion USD
ExchangeNYSENYSE
Listing DateJune 18, 1997November 21, 1997
Security TypeREITREIT

Historical Performance

This chart compares the performance of BXP and PLD 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. PLD: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolBXPPLD
5-Day Price Return6.97%3.96%
13-Week Price Return5.90%5.68%
26-Week Price Return3.18%-6.85%
52-Week Price Return-3.95%-12.58%
Month-to-Date Return8.59%5.53%
Year-to-Date Return-4.45%6.60%
10-Day Avg. Volume1.27M3.04M
3-Month Avg. Volume1.60M4.13M
3-Month Volatility31.15%22.97%
Beta1.241.31

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.

PLD

6.47%

Industrial REITs Industry

Max
10.99%
Q3
7.31%
Median
5.46%
Q1
3.99%
Min
2.83%

PLD’s Return on Equity of 6.47% is on par with the norm for the Industrial REITs industry, indicating its profitability relative to shareholder equity is typical for the sector.

BXP vs. PLD: A comparison of their Return on Equity (TTM) against their respective Office REITs and Industrial 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.

PLD

40.29%

Industrial REITs Industry

Max
56.01%
Q3
49.92%
Median
41.77%
Q1
31.35%
Min
17.66%

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

BXP vs. PLD: A comparison of their Net Profit Margin (TTM) against their respective Office REITs and Industrial 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.

PLD

39.34%

Industrial REITs Industry

Max
103.85%
Q3
66.52%
Median
48.61%
Q1
38.81%
Min
-0.23%

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

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

Profitability at a Glance

SymbolBXPPLD
Return on Equity (TTM)0.09%6.47%
Return on Assets (TTM)0.02%3.58%
Net Profit Margin (TTM)0.14%40.29%
Operating Profit Margin (TTM)29.78%39.34%
Gross Profit Margin (TTM)60.37%75.35%

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.

PLD

0.19

Industrial REITs Industry

Max
1.34
Q3
0.98
Median
0.61
Q1
0.24
Min
0.12

PLD’s Current Ratio of 0.19 falls into the lower quartile for the Industrial 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. PLD: A comparison of their Current Ratio (MRQ) against their respective Office REITs and Industrial 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.

PLD

0.66

Industrial REITs Industry

Max
1.18
Q3
0.78
Median
0.68
Q1
0.45
Min
0.19

PLD’s Debt-to-Equity Ratio of 0.66 is typical for the Industrial 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. PLD: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Office REITs and Industrial 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.

PLD

14.64

Industrial REITs Industry

Max
14.64
Q3
8.83
Median
2.42
Q1
0.90
Min
-0.86

PLD’s Interest Coverage Ratio of 14.64 is in the upper quartile for the Industrial REITs industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

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

Financial Strength at a Glance

SymbolBXPPLD
Current Ratio (MRQ)1.130.19
Quick Ratio (MRQ)1.080.19
Debt-to-Equity Ratio (MRQ)3.080.66
Interest Coverage Ratio (TTM)1.0914.64

Growth

Revenue Growth

BXP vs. PLD: 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. PLD: 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

6.53%

Office REITs Industry

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

With a Dividend Yield of 6.53%, BXP offers a more attractive income stream than most of its peers in the Office REITs industry, signaling a strong commitment to shareholder returns.

PLD

3.48%

Industrial REITs Industry

Max
6.69%
Q3
4.95%
Median
4.07%
Q1
3.14%
Min
0.80%

PLD’s Dividend Yield of 3.48% is consistent with its peers in the Industrial REITs industry, providing a dividend return that is standard for its sector.

BXP vs. PLD: A comparison of their Dividend Yield (TTM) against their respective Office REITs and Industrial 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.

PLD

106.34%

Industrial REITs Industry

Max
190.40%
Q3
117.33%
Median
98.28%
Q1
61.28%
Min
0.00%

PLD’s Dividend Payout Ratio of 106.34% is within the typical range for the Industrial REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

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

Dividend at a Glance

SymbolBXPPLD
Dividend Yield (TTM)6.53%3.48%
Dividend Payout Ratio (TTM)222.09%106.34%

Valuation

Price-to-Earnings Ratio (TTM)

BXP

2,149.06

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.

PLD

30.53

Industrial REITs Industry

Max
37.42
Q3
29.45
Median
24.42
Q1
16.43
Min
5.63

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

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

Price-to-Sales Ratio (TTM)

BXP

3.07

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 3.07 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.

PLD

12.30

Industrial REITs Industry

Max
14.39
Q3
11.20
Median
8.86
Q1
7.44
Min
1.80

PLD’s P/S Ratio of 12.30 is in the upper echelon for the Industrial REITs industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

BXP vs. PLD: A comparison of their Price-to-Sales Ratio (TTM) against their respective Office REITs and Industrial 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.

PLD

1.85

Industrial REITs Industry

Max
2.58
Q3
1.81
Median
1.19
Q1
0.92
Min
0.66

PLD’s P/B Ratio of 1.85 is in the upper tier for the Industrial 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.

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

Valuation at a Glance

SymbolBXPPLD
Price-to-Earnings Ratio (TTM)2,149.0630.53
Price-to-Sales Ratio (TTM)3.0712.30
Price-to-Book Ratio (MRQ)2.031.85
Price-to-Free Cash Flow Ratio (TTM)110.75431.73