The Tip Desk

BRANDYWINE REALTY TRUST

Company Stats

Market Cap
$488.8M
as of Sep 30, 2026
Enterprise Value
$3.0B
Shares Outstanding
170.0M
Free Float
89.7%

Income Statement

Revenue
$484.5M
Operating Income
$26.7M
Net Income
-$178.2M
EBITDA
$203.1M
Non-cash Impairment
$63.4M
Revenue Growth, 3Y
-1.4%

Balance Sheet

Cash & Equivalents
$32.3M
Total Debt
$2.6B
Net Debt
$2.5B
Net Debt / EBITDA
12.47x
EV / EBITDA
14.87x
Net Debt / EBIT
94.96x

Returns & Capital

SBC, 3Y Avg
$14.8M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$484.5M——
FY2024$505.5M——
FY2023$514.7M——
FY2022$506.1M——
FY2021$486.8M——

Annual filing data through FY ended December 31, 2025; shares and float as of November 8, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage