Seek Returns logo

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

Updated on

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

Company Profile

Both BXP and WPC 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.

SymbolBXPWPC
Company NameBXP, Inc.W. P. Carey Inc.
CountryUnited StatesUnited States
GICS SectorReal EstateReal Estate
GICS IndustryOffice REITsDiversified REITs
Market Capitalization11.75 billion USD14.59 billion USD
ExchangeNYSENYSE
Listing DateJune 18, 1997January 21, 1998
Security TypeREITREIT

Historical Performance

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

Historical Performance at a Glance

SymbolBXPWPC
5-Day Price Return1.87%2.21%
13-Week Price Return-2.16%7.87%
26-Week Price Return-6.78%13.16%
52-Week Price Return-6.80%13.90%
Month-to-Date Return1.53%3.83%
Year-to-Date Return-10.66%22.28%
10-Day Avg. Volume1.41M1.11M
3-Month Avg. Volume1.62M1.20M
3-Month Volatility30.65%17.13%
Beta1.240.85

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.

WPC

4.00%

Diversified REITs Industry

Max
6.83%
Q3
6.09%
Median
5.03%
Q1
3.60%
Min
1.04%

WPC’s Return on Equity of 4.00% is on par with the norm for the Diversified REITs industry, indicating its profitability relative to shareholder equity is typical for the sector.

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

WPC

20.42%

Diversified REITs Industry

Max
74.45%
Q3
47.03%
Median
29.55%
Q1
5.81%
Min
-25.03%

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

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

WPC

48.73%

Diversified REITs Industry

Max
77.33%
Q3
62.47%
Median
45.87%
Q1
21.58%
Min
3.72%

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

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

Profitability at a Glance

SymbolBXPWPC
Return on Equity (TTM)0.09%4.00%
Return on Assets (TTM)0.02%1.91%
Net Profit Margin (TTM)0.14%20.42%
Operating Profit Margin (TTM)29.78%48.73%
Gross Profit Margin (TTM)60.37%89.03%

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.

WPC

0.29

Diversified REITs Industry

Max
2.37
Q3
1.58
Median
0.64
Q1
0.30
Min
0.09

WPC’s Current Ratio of 0.29 falls into the lower quartile for the Diversified 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. WPC: A comparison of their Current Ratio (MRQ) against their respective Office REITs and Diversified 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.

WPC

1.05

Diversified REITs Industry

Max
1.15
Q3
0.88
Median
0.69
Q1
0.55
Min
0.18

WPC’s leverage is in the upper quartile of the Diversified REITs industry, with a Debt-to-Equity Ratio of 1.05. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

BXP vs. WPC: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Office REITs and Diversified 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.

WPC

3.30

Diversified REITs Industry

Max
11.29
Q3
5.53
Median
2.13
Q1
1.00
Min
0.40

WPC’s Interest Coverage Ratio of 3.30 is positioned comfortably within the norm for the Diversified REITs industry, indicating a standard and healthy capacity to cover its interest payments.

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

Financial Strength at a Glance

SymbolBXPWPC
Current Ratio (MRQ)1.130.29
Quick Ratio (MRQ)1.080.29
Debt-to-Equity Ratio (MRQ)3.081.05
Interest Coverage Ratio (TTM)1.093.30

Growth

Revenue Growth

BXP vs. WPC: 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. WPC: 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.

WPC

5.36%

Diversified REITs Industry

Max
7.62%
Q3
6.47%
Median
5.27%
Q1
4.51%
Min
2.20%

WPC’s Dividend Yield of 5.36% is consistent with its peers in the Diversified REITs industry, providing a dividend return that is standard for its sector.

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

WPC

230.94%

Diversified REITs Industry

Max
227.63%
Q3
177.91%
Median
95.61%
Q1
65.09%
Min
49.88%

At 230.94%, WPC’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Diversified REITs industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.

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

Dividend at a Glance

SymbolBXPWPC
Dividend Yield (TTM)6.53%5.36%
Dividend Payout Ratio (TTM)222.09%230.94%

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.

WPC

43.10

Diversified REITs Industry

Max
33.15
Q3
27.78
Median
21.77
Q1
11.55
Min
10.44

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

BXP vs. WPC: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Office REITs and Diversified 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.

WPC

8.80

Diversified REITs Industry

Max
13.25
Q3
9.09
Median
7.48
Q1
4.24
Min
1.63

WPC’s P/S Ratio of 8.80 aligns with the market consensus for the Diversified REITs industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

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

WPC

1.66

Diversified REITs Industry

Max
1.65
Q3
1.09
Median
0.76
Q1
0.65
Min
0.49

At 1.66, WPC’s P/B Ratio is at an extreme premium to the Diversified REITs industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

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

Valuation at a Glance

SymbolBXPWPC
Price-to-Earnings Ratio (TTM)2,149.0643.10
Price-to-Sales Ratio (TTM)3.078.80
Price-to-Book Ratio (MRQ)2.031.66
Price-to-Free Cash Flow Ratio (TTM)110.7568.89