BXP, Inc. (BXP) vs Rexford Industrial Realty, Inc. (REXR)
A side-by-side comparison of BXP, Inc. and Rexford Industrial Realty, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.
Total return — BXP vs REXR
growth of $100 · dividends reinvested · last 10yBXP vs REXR: by the numbers
- •BXP is the larger company ($9.66B vs $8.42B market cap).
- •BXP is profitable (8.44% net margin) while REXR runs a net loss (-39.74%).
- •REXR grew revenue faster over the past five years (21.19% vs 4.77% CAGR).
- •REXR pays the higher dividend yield (4.73% vs 4.65%).
Metrics side by side
Valuation
| Metric | BXP | REXR |
|---|---|---|
| P/E ratio | 32.56 | N/A |
| Forward P/E | 28.52 | N/A |
| P/S ratio | 2.75 | 8.55 |
| P/B ratio | 1.87 | 1.12 |
| EV / EBITDA | 11.74 | 16.94 |
| FCF yield | 3.74% | 2.70% |
For REITs like BXP, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
For REITs like Rexford Industrial Realty, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | BXP | REXR |
|---|---|---|
| Gross margin | 60.56% | 77.30% |
| Operating margin | 55.71% | 39.57% |
| Net margin | 8.44% | -39.74% |
| ROE | 5.75% | -5.19% |
| ROIC | 4.89% | 3.46% |
Dividends
| Metric | BXP | REXR |
|---|---|---|
| Dividend yield | 4.65% | 4.73% |
| Payout ratio | 150.54% | N/A |
BXP, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Rexford Industrial Realty, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | BXP | REXR |
|---|---|---|
| Revenue CAGR (5Y) | 4.77% | 21.19% |
| EPS CAGR (5Y) | -20.68% | 11.02% |
| FCF CAGR (5Y) | -15.57% | 13.91% |
| Total return CAGR (5Y) | -6.93% | -5.80% |
Frequently asked
- Which has grown faster, BXP or REXR?
- Over the past five years, REXR grew revenue faster — BXP at a 4.77% CAGR versus REXR at 21.19%.
- Does BXP or REXR pay a bigger dividend?
- BXP yields 4.65% and REXR yields 4.73% based on trailing dividends and the latest price.
- Is BXP or REXR more profitable?
- BXP runs the higher net margin — BXP at 8.44% versus REXR at -39.74%.
- How have BXP and REXR total returns compared?
- Over the past 10 years, BXP delivered -3.90% and REXR delivered 7.51% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
BXP & Rexford Industrial Realty appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.