Brandywine Realty Trust
NYSE:BDN
Income Statement
Earnings Waterfall
Brandywine Realty Trust
Revenue
|
512m
USD
|
Cost of Revenue
|
-186.5m
USD
|
Gross Profit
|
325.4m
USD
|
Operating Expenses
|
-356.2m
USD
|
Operating Income
|
-30.7m
USD
|
Other Expenses
|
-178m
USD
|
Net Income
|
-208.7m
USD
|
Income Statement
Brandywine Realty Trust
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
575
N/A
|
585
+2%
|
588
+1%
|
597
+2%
|
595
0%
|
590
-1%
|
596
+1%
|
603
+1%
|
589
-2%
|
570
-3%
|
547
-4%
|
526
-4%
|
520
-1%
|
521
+0%
|
519
0%
|
521
+0%
|
526
+1%
|
532
+1%
|
539
+1%
|
544
+1%
|
552
+1%
|
562
+2%
|
573
+2%
|
580
+1%
|
582
+0%
|
574
-1%
|
555
-3%
|
535
-4%
|
511
-5%
|
494
-3%
|
488
-1%
|
487
0%
|
494
+1%
|
497
+1%
|
503
+1%
|
506
+1%
|
508
+0%
|
510
+0%
|
514
+1%
|
515
+0%
|
512
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(229)
|
(231)
|
(233)
|
(236)
|
(235)
|
(233)
|
(235)
|
(238)
|
(232)
|
(226)
|
(219)
|
(209)
|
(206)
|
(206)
|
(206)
|
(206)
|
(212)
|
(214)
|
(216)
|
(218)
|
(219)
|
(223)
|
(225)
|
(224)
|
(224)
|
(220)
|
(213)
|
(203)
|
(195)
|
(190)
|
(188)
|
(186)
|
(190)
|
(192)
|
(192)
|
(192)
|
(197)
|
(194)
|
(193)
|
(188)
|
(187)
|
|
Gross Profit |
346
N/A
|
353
+2%
|
355
+1%
|
361
+2%
|
361
0%
|
357
-1%
|
362
+1%
|
365
+1%
|
357
-2%
|
344
-3%
|
329
-5%
|
316
-4%
|
314
-1%
|
314
+0%
|
314
0%
|
314
+0%
|
314
N/A
|
318
+1%
|
323
+1%
|
326
+1%
|
333
+2%
|
340
+2%
|
347
+2%
|
357
+3%
|
358
+0%
|
355
-1%
|
342
-4%
|
332
-3%
|
315
-5%
|
304
-4%
|
300
-1%
|
301
+0%
|
304
+1%
|
306
+1%
|
311
+2%
|
314
+1%
|
311
-1%
|
316
+2%
|
321
+2%
|
327
+2%
|
325
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(229)
|
(231)
|
(233)
|
(235)
|
(234)
|
(234)
|
(240)
|
(248)
|
(247)
|
(242)
|
(230)
|
(216)
|
(214)
|
(212)
|
(207)
|
(209)
|
(206)
|
(207)
|
(208)
|
(204)
|
(213)
|
(223)
|
(236)
|
(244)
|
(244)
|
(241)
|
(228)
|
(221)
|
(205)
|
(198)
|
(203)
|
(210)
|
(216)
|
(217)
|
(214)
|
(215)
|
(220)
|
(219)
|
(223)
|
(226)
|
(356)
|
|
Selling, General & Administrative |
(29)
|
(28)
|
(27)
|
(27)
|
(27)
|
(28)
|
(28)
|
(29)
|
(30)
|
(29)
|
(29)
|
(27)
|
(27)
|
(27)
|
(28)
|
(29)
|
(28)
|
(29)
|
(29)
|
(28)
|
(30)
|
(31)
|
(32)
|
(34)
|
(33)
|
(32)
|
(32)
|
(32)
|
(28)
|
(28)
|
(28)
|
(32)
|
(34)
|
(34)
|
(34)
|
(37)
|
(35)
|
(36)
|
(36)
|
(37)
|
(37)
|
|
Depreciation & Amortization |
(200)
|
(204)
|
(206)
|
(209)
|
(207)
|
(205)
|
(211)
|
(219)
|
(217)
|
(213)
|
(202)
|
(190)
|
(187)
|
(184)
|
(180)
|
(180)
|
(178)
|
(178)
|
(179)
|
(176)
|
(184)
|
(192)
|
(203)
|
(210)
|
(211)
|
(209)
|
(197)
|
(188)
|
(177)
|
(170)
|
(174)
|
(178)
|
(182)
|
(183)
|
(180)
|
(178)
|
(180)
|
(183)
|
(187)
|
(189)
|
(188)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(131)
|
|
Operating Income |
117
N/A
|
122
+4%
|
122
+0%
|
126
+3%
|
126
+0%
|
124
-2%
|
122
-1%
|
116
-5%
|
110
-5%
|
102
-7%
|
99
-4%
|
100
+1%
|
101
+1%
|
103
+2%
|
106
+4%
|
106
-1%
|
109
+3%
|
112
+3%
|
115
+2%
|
122
+7%
|
120
-2%
|
117
-2%
|
112
-5%
|
112
+0%
|
114
+1%
|
114
+0%
|
114
0%
|
111
-3%
|
111
0%
|
106
-4%
|
97
-8%
|
90
-7%
|
88
-2%
|
89
+1%
|
97
+9%
|
99
+2%
|
91
-8%
|
98
+7%
|
98
+1%
|
101
+3%
|
(31)
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(118)
|
(128)
|
(132)
|
(128)
|
(124)
|
(121)
|
(117)
|
(115)
|
(112)
|
(104)
|
(103)
|
(98)
|
(96)
|
(94)
|
(91)
|
(92)
|
(90)
|
(89)
|
(82)
|
(91)
|
(93)
|
(95)
|
(99)
|
(92)
|
(92)
|
(93)
|
(93)
|
(94)
|
(94)
|
(93)
|
(88)
|
(83)
|
(82)
|
(82)
|
(88)
|
(92)
|
(101)
|
(111)
|
(123)
|
(139)
|
(186)
|
|
Non-Reccuring Items |
(2)
|
(1)
|
(5)
|
(9)
|
(11)
|
(12)
|
(8)
|
(82)
|
(155)
|
(159)
|
(159)
|
(107)
|
(36)
|
(30)
|
(30)
|
(7)
|
(4)
|
(4)
|
(61)
|
(72)
|
(71)
|
(72)
|
(15)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
(5)
|
0
|
(10)
|
(21)
|
(169)
|
0
|
|
Gain/Loss on Disposition of Assets |
31
|
27
|
31
|
6
|
14
|
16
|
20
|
31
|
143
|
144
|
146
|
146
|
47
|
46
|
50
|
114
|
129
|
131
|
116
|
177
|
140
|
139
|
142
|
14
|
16
|
14
|
283
|
290
|
289
|
289
|
18
|
6
|
5
|
9
|
20
|
52
|
52
|
48
|
37
|
9
|
8
|
|
Total Other Income |
12
|
12
|
12
|
12
|
12
|
12
|
12
|
20
|
20
|
20
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
39
N/A
|
31
-21%
|
29
-7%
|
6
-79%
|
17
+180%
|
19
+11%
|
30
+61%
|
(31)
N/A
|
7
N/A
|
3
-63%
|
(10)
N/A
|
41
N/A
|
16
-61%
|
24
+56%
|
35
+43%
|
121
+247%
|
144
+19%
|
149
+4%
|
88
-41%
|
136
+55%
|
96
-29%
|
89
-7%
|
140
+56%
|
35
-75%
|
38
+10%
|
36
-7%
|
305
+759%
|
307
+1%
|
306
0%
|
302
-1%
|
27
-91%
|
12
-54%
|
12
-7%
|
16
+43%
|
29
+76%
|
54
+87%
|
43
-21%
|
25
-41%
|
(10)
N/A
|
(197)
-1 914%
|
(208)
-6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
1
|
1
|
1
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
|
Income from Continuing Operations |
39
|
31
|
29
|
6
|
17
|
19
|
30
|
(31)
|
7
|
3
|
(10)
|
41
|
16
|
25
|
36
|
121
|
144
|
150
|
87
|
136
|
96
|
89
|
139
|
35
|
38
|
36
|
305
|
307
|
306
|
302
|
27
|
12
|
12
|
16
|
29
|
54
|
43
|
25
|
(10)
|
(197)
|
(208)
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
|
Net Income (Common) |
30
N/A
|
25
-17%
|
22
-9%
|
(0)
N/A
|
11
N/A
|
11
+9%
|
23
+99%
|
(38)
N/A
|
(0)
+99%
|
(5)
-2 200%
|
(17)
-267%
|
33
N/A
|
8
-75%
|
15
+89%
|
28
+84%
|
115
+308%
|
139
+22%
|
148
+6%
|
86
-42%
|
134
+56%
|
95
-29%
|
88
-7%
|
138
+57%
|
34
-75%
|
37
+10%
|
35
-6%
|
303
+761%
|
305
+1%
|
304
0%
|
300
-1%
|
26
-91%
|
12
-55%
|
11
-8%
|
16
+44%
|
28
+78%
|
53
+89%
|
42
-21%
|
25
-41%
|
(10)
N/A
|
(197)
-1 798%
|
(209)
-6%
|
|
EPS (Diluted) |
0.2
N/A
|
0.15
-25%
|
0.13
-13%
|
-0.01
N/A
|
0.06
N/A
|
0.07
+17%
|
0.13
+86%
|
-0.21
N/A
|
-0.01
+95%
|
-0.04
-300%
|
-0.11
-175%
|
0.19
N/A
|
0.04
-79%
|
0.08
+100%
|
0.16
+100%
|
0.65
+306%
|
0.78
+20%
|
0.83
+6%
|
0.48
-42%
|
0.75
+56%
|
0.52
-31%
|
0.48
-8%
|
0.78
+63%
|
0.19
-76%
|
0.2
+5%
|
0.19
-5%
|
1.77
+832%
|
1.77
N/A
|
1.77
N/A
|
1.75
-1%
|
0.16
-91%
|
0.07
-56%
|
0.07
N/A
|
0.1
+43%
|
0.17
+70%
|
0.31
+82%
|
0.25
-19%
|
0.14
-44%
|
-0.07
N/A
|
-1.15
-1 543%
|
-1.22
-6%
|