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Brixmor Property Group Inc. BRX

Listed / Traded Retail NYSE Mgmt:

Brixmor (NYSE: BRX) owns and operates a high-quality, national portfolio of open-air shopping centers. The Company's 344 retail centers comprise approximately 62 million square feet of prime retail space in established trade areas. Brixmor's properties reflect its vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a valued partner to a broad range of retailers, including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores.

Snapshot

Price
$30.95
Market cap
$9.50B
Enterprise value
$14.86B
Dividend yieldi
3.97%
Annual dividendi
$1.23
Frequency
Quarterly
FFO / sharei
$0.58 · Q1 2026
AFFO / sharei
Not reported in latest 8-K
Net debt / EBITDAi
5.30x · Adj. EBITDA
Op. cash flow / sharei
$2.12
Price / OCFi
14.61
Payout (% of OCF)i
58.08%
Debt / book capitali
65.18%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-04-27) — 8-K, EX-99.1.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

Balance sheet (latest FY: 2025)

Total debt
$5.87B
Cash
$361.53M
Net debt / EBITDAi
4.91x
Debt / book capitali
65.18%
Total assets
$9.13B
Total equity
$3.01B
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $1.37B $386.23M $414.93M $1.03B $652.01M
2024 $1.29B $339.27M $381.40M $936.67M $624.69M
2023 $1.25B $305.09M $362.28M $858.10M $588.79M
2022 $1.22B $354.19M $344.73M $891.35M $566.38M
2021 $1.15B $270.19M $327.15M $792.12M $552.24M
2020 $1.05B $121.17M $319.09M $657.87M $443.10M

Dividends

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-07-022026-07-022026-07-15 2026-04-22$0.31Quarterly
2026-04-022026-04-022026-04-15 2026-02-04$0.31Quarterly
2026-01-052026-01-052026-01-15 2025-10-27$0.31Quarterly
2025-10-022025-10-022025-10-15 2025-07-28$0.29Quarterly
2025-07-022025-07-022025-07-15 2025-04-28$0.29Quarterly
2025-04-022025-04-022025-04-15 2025-02-10$0.29Quarterly
2025-01-032025-01-032025-01-15 2024-10-28$0.29Quarterly
2024-10-022024-10-022024-10-15 2024-07-29$0.27Quarterly
2024-07-022024-07-022024-07-15 2024-04-29$0.27Quarterly
2024-04-012024-04-022024-04-15 2024-02-12$0.27Quarterly
2024-01-022024-01-032024-01-16 2023-10-30$0.27Quarterly
2023-10-022023-10-032023-10-16 2023-07-31$0.26Quarterly
2023-07-032023-07-052023-07-17 2023-05-01$0.26Quarterly
2023-04-032023-04-042023-04-17 2023-02-13$0.26Quarterly
2023-01-032023-01-042023-01-17 2022-11-01$0.26Quarterly
2022-10-032022-10-042022-10-17 2022-08-01$0.24Quarterly
2022-07-012022-07-052022-07-15 2022-05-02$0.24Quarterly
2022-04-042022-04-052022-04-18 2022-02-07$0.24Quarterly
2022-01-042022-01-052022-01-18 2021-11-01$0.24Quarterly
2021-10-042021-10-052021-10-15 2021-08-02$0.21Quarterly
2021-07-022021-07-062021-07-15 2021-05-03$0.21Quarterly
2021-04-012021-04-052021-04-15 2021-02-11$0.21Quarterly
2021-01-052021-01-062021-01-15 2020-11-04$0.21Quarterly
2020-04-032020-04-062020-04-15 2020-02-10$0.28Quarterly

Coverage (payout of operating cash flow): 58.08%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.