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REIT owning open-air, grocery-anchored shopping centers across US suburban markets.
REIT owning open-air, grocery-anchored shopping centers across US suburban markets.
Earns rent from grocers and other tenants under leases that mostly pass property taxes and upkeep to the tenant, with built-in rent steps and the chance to re-lease space at higher rents. A redevelopment programme adds outparcels, separate pads at the edge of centres, and new space beyond the existing buildings.
Moat: narrow (scale, installed base). Large, diversified suburban footprint near dense trade areas; retail real estate is otherwise commoditized.
Headquarters: New York, New York, United States · Founded: 2011 · Employees: 464
Size Brixmor Property (BRX) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $9.21B, the 815th largest of 3,117 United States companies the cockpit tracks. Shares closed at $30.02 on 6 Nov 2026.
Performance Over six months the shares gained 0.6%, against -1.8% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 5.1% over the last twelve months (peer median +7.2%); the operating margin is 37.2% (peer median 37.5%).
Valuation It trades at 3.05× book value against a peer median of 1.25× (4th most expensive of 21).
Price implies The share price implies a return on equity of about 23.1%; Brixmor Property delivers 14.2%, so the price asks more than the business earns today.
Credit Brixmor Property has 10 bonds outstanding ($4.80B), rated BBB by the agencies and trading like BBB+ at a weighted spread of 86 bp.
Short interest Short interest is 8.3% of the free float (15 Oct 2026).
Next results Next results expected around 8 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.42B | $1.37B | $1.29B | $1.25B | $1.22B |
| Revenue growth | — | +7% | +3% | +2% | — |
| Gross profit | $641M | $616M | $587M | $563M | $562M |
| EBITDA | $959M | $918M | $852M | $808M | $789M |
| Net income | $425M | $386M | $339M | $304M | $353M |
| Free cash flow | $423M | $332M | $271M | $244M | $236M |
| Capital expenditure | $265M | $320M | $353M | $345M | $330M |
| Total debt | $5.54B | $5.69B | $5.50B | $5.05B | $5.17B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Brixmor Property BRX | $9.21B | +1% | +5% | 14% | 3.05× | 23.1% |
| Kimco Realty KIM | $17.0B | +10% | +3% | 7% | 1.67× | 13.9% |
| Regency Centers REG | $13.7B | -3% | +8% | 8% | 2.06× | 15.2% |
| Federal Realty Investment Trust FRT | $9.74B | -2% | +8% | 14% | 3.14× | 23.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BRX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +10.9% | +6.5% | 5th highest of 21 |
| 6-month return | +0.6% | -1.8% | 8th highest of 21 |
| Return on equity | 14.2% | 8.9% | 2nd highest of 20 |
| Price / book | 3.05× | 1.25× | 4th most expensive of 21 |
| Trailing P/E | 21.8× | 22.5× | 8th cheapest of 16 |
| ROE the price implies | 23.1% | 12.4% | 4th most demanding of 21 |
| ROE delivered | 14.2% | 8.9% | 2nd highest of 20 |
| Bond spread | 86 bp | 100 bp | 5th tightest of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Brixmor Property BRX | United States | $9.21B | +1% | +5% | 14% | 3.05× | 23.1% | 14.2% |
| CapitaLand Investment 9CI.SI | Singapore | $9.22B | -11% | -15% | 1% | 0.94× | 7.9% | 1.5% |
| Ryman Hospitality Properties RHP | United States | $9.11B | +19% | +13% | 26% | 6.58× | 55.9% | 26.0% |
| Agree Realty ADC | United States | $9.09B | -8% | +18% | 4% | 1.34× | 8.2% | 3.8% |
| CareTrust REIT CTRE | United States | $9.03B | -8% | +53% | 9% | 2.01× | 14.7% | 9.1% |
| Lineage LINE | United States | $8.91B | -2% | +1% | -2% | 1.13× | 9.9% | -2.0% |
| CapitaLand Ascendas REIT A17U.SI | Singapore | $8.83B | -9% | +7% | 7% | 0.99× | 5.2% | 7.0% |
| Federal Realty Investment Trust FRT | United States | $9.74B | -2% | +8% | 14% | 3.14× | 23.7% | 13.6% |
| Janus Living JAN | United States | $9.93B | +15% | n/a | n/a | 2.41× | 15.7% | n/a |
| CubeSmart CUBE | United States | $10.1B | +11% | +3% | 13% | 4.06× | 30.4% | 13.1% |
| BXP BXP | United States | $10.4B | +11% | +3% | 10% | 2.00× | 17.2% | 10.4% |
| EastGroup Properties EGP | United States | $10.4B | -6% | +10% | 9% | 2.92× | 22.3% | 8.9% |
| MERLIN Properties SOCIMI MRL.MC | Spain | $8.05B | -23% | +13% | 10% | 0.77× | 8.0% | 9.9% |
| Rexford Industrial Realty REXR | United States | $8.02B | +4% | -2% | -6% | 1.16× | 11.7% | -5.9% |
| Vicinity Centres VCX.AX | Australia | $8.01B | 0% | +3% | 12% | 0.94× | 9.7% | 12.0% |
| Choice Properties Real Estate Investment Trust CHP-UN.TO | Canada | $7.95B | -1% | +4% | -2% | 2.66× | 14.7% | -1.7% |
| NNN REIT NNN | United States | $7.89B | -7% | +7% | 9% | 1.75× | 12.9% | 8.9% |
| Alexandria Real Estate Equities ARE | United States | $7.80B | -2% | -10% | -9% | 0.52× | 7.0% | -9.1% |
| Stockland SGP.AX | Australia | $7.74B | +15% | +15% | 10% | 1.04× | 11.7% | 9.5% |
| AGNC Investment AGNC | United States | $11.2B | -19% | +152% | 1% | 1.15× | 13.1% | 0.9% |
| Land Securities LAND.L | United Kingdom | $7.51B | +20% | +7% | 5% | 0.77× | 11.9% | 5.3% |
Brixmor Property has 10 bonds outstanding with $4.80B face value. The agencies rate it BBB; its bonds trade like BBB+. Weighted yield 5.47%, a spread of 86 bp over government bonds.