Brandywine Realty Trust (BDN) stock
BDNNYSEReal Estate Investment TrustsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 13/3070% below fair value
$3.06−0.05 (-1.61%)
Close on Nov 12, 2026Market cap $520.34MP/E –Yield 17.32%
Brandywine Realty Trust operating margin
Operating margin is operating income as a percentage of revenue.
Brandywine Realty Trust's operating margin for the twelve months ending Sep 30, 2026 was 19.0%. For fiscal 2025 it was 5.5%, against 10.9% the year before. The highest annual figure on record is 74.9% in fiscal 2020.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5.5% | −5.4 |
| FY2024 | Dec 31, 2024 | 10.9% | +15.0 |
| FY2023 | Dec 31, 2023 | -4.2% | −27.9 |
| FY2022 | Dec 31, 2022 | 23.7% | +4.5 |
| FY2021 | Dec 31, 2021 | 19.2% | −55.7 |
| FY2020 | Dec 31, 2020 | 74.9% | +55.1 |
| FY2019 | Dec 31, 2019 | 19.8% | +9.4 |
| FY2018 | Dec 31, 2018 | 10.4% | −15.6 |
| FY2017 | Dec 31, 2017 | 26.0% | −9.3 |
| FY2016 | Dec 31, 2016 | 35.3% | +29.7 |
| FY2015 | Dec 31, 2015 | 5.6% | −15.1 |
| FY2014 | Dec 31, 2014 | 20.8% | +0.2 |
| FY2013 | Dec 31, 2013 | 20.6% | −0.1 |
| FY2012 | Dec 31, 2012 | 20.7% | +3.2 |
| FY2011 | Dec 31, 2011 | 17.5% | +0.3 |
| FY2010 | Dec 31, 2010 | 17.2% | −3.3 |
| FY2009 | Dec 31, 2009 | 20.5% | −0.7 |
| FY2008 | Dec 31, 2008 | 21.2% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 37.5% | +16.8 |
| Q2 FY2026 | Jun 30, 2026 | 15.1% | +49.4 |
| Q1 FY2026 | Mar 31, 2026 | 1.2% | −11.3 |
| Q4 FY2025 | Dec 31, 2025 | 22.8% | +4.8 |
| Q3 FY2025 | Sep 30, 2025 | 20.8% | +27.9 |
| Q2 FY2025 | Jun 30, 2025 | -34.3% | −49.8 |
| Q1 FY2025 | Mar 31, 2025 | 12.5% | −5.6 |
| Q4 FY2024 | Dec 31, 2024 | 18.0% | +78.6 |
| Q3 FY2024 | Sep 30, 2024 | -7.2% | −18.2 |
| Q2 FY2024 | Jun 30, 2024 | 15.5% | +0.5 |
| Q1 FY2024 | Mar 31, 2024 | 18.1% | −0.5 |
| Q4 FY2023 | Dec 31, 2023 | -60.6% | −83.6 |
| Q3 FY2023 | Sep 30, 2023 | 11.0% | −18.5 |
| Q2 FY2023 | Jun 30, 2023 | 15.1% | −6.2 |
| Q1 FY2023 | Mar 31, 2023 | 18.6% | −2.3 |
| Q4 FY2022 | Dec 31, 2022 | 23.0% | +4.3 |
| Q3 FY2022 | Sep 30, 2022 | 29.5% | +13.7 |
| Q2 FY2022 | Jun 30, 2022 | 21.3% | +3.3 |
| Q1 FY2022 | Mar 31, 2022 | 20.9% | −3.3 |
| Q4 FY2021 | Dec 31, 2021 | 18.7% | −17.2 |
| Q3 FY2021 | Sep 30, 2021 | 15.8% | −220.8 |
| Q2 FY2021 | Jun 30, 2021 | 18.0% | −1.4 |
| Q1 FY2021 | Mar 31, 2021 | 24.2% | +3.4 |
| Q4 FY2020 | Dec 31, 2020 | 35.8% | +12.6 |
| Q3 FY2020 | Sep 30, 2020 | 236.6% | +217.9 |
| Q2 FY2020 | Jun 30, 2020 | 19.3% | +0.5 |
| Q1 FY2020 | Mar 31, 2020 | 20.8% | +2.6 |
| Q4 FY2019 | Dec 31, 2019 | 23.3% | +7.9 |
| Q3 FY2019 | Sep 30, 2019 | 18.8% | +37.2 |
| Q2 FY2019 | Jun 30, 2019 | 18.8% | −5.5 |
| Q1 FY2019 | Mar 31, 2019 | 18.2% | −2.2 |
| Q4 FY2018 | Dec 31, 2018 | 15.4% | −28.2 |
| Q3 FY2018 | Sep 30, 2018 | -18.4% | −41.4 |
| Q2 FY2018 | Jun 30, 2018 | 24.3% | +4.0 |
| Q1 FY2018 | Mar 31, 2018 | 20.4% | +3.7 |
| Q4 FY2017 | Dec 31, 2017 | 43.6% | −50.9 |
| Q3 FY2017 | Sep 30, 2017 | 23.0% | – |
| Q2 FY2017 | Jun 30, 2017 | 20.3% | – |
| Q1 FY2017 | Mar 31, 2017 | 16.7% | – |
| Q4 FY2016 | Dec 31, 2016 | 94.6% | – |
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