BDN
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Supports a bullish reading. Open-market purchases outweigh sales
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Financial indicators Supports a bullish reading. Current ratio 1.31 · operating margin 17%
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
ACHAT TOTAL: 33900 titres (~100344 USD)
- Insiders
- SWEENEY GERARD H
- Total bought
-
$100,344
Avg buy (VWAP, 90d window) $2.96 vs last close —
- Total sold
-
—
Avg sell (VWAP, 90d window) —
- Last activity
- 2026-09-14
- Last synced
-
2026-09-17 10:12:13
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-14 | SWEENEY GERARD H | Buy | 33,900 | $2.96 | $100,344 | Form 4 |
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
Market snapshot
Signal
Bearish signalScored 2026-09-17
BDN presents a critically weak financial foundation with severe leverage (D/E of 3.25), persistent net losses, and negative free cash flow generation, making it a high insolvency-risk name.
The first sentence of the analysis written for BDN on 2026-09-17 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | -11.1% | 62.9% | 63.1% | 61.6% | 61.3% | |
| Ebit Margin | -8.0% | -14.9% | -18.9% | 24.9% | 16.0% | |
| Ebitda Margin | 28.4% | 20.4% | 17.7% | 60.0% | 52.6% | |
| Operating Profit Margin | 16.7% | 10.9% | -4.2% | 23.7% | 19.2% | |
| Pretax Profit Margin | -36.9% | -38.9% | -38.3% | 10.7% | 2.5% | |
| Continuous Operations Profit Margin | -36.9% | -38.9% | -38.4% | 10.7% | 2.5% | |
| Net Profit Margin | -37.0% | -38.8% | -38.2% | 10.6% | 2.5% | |
| Bottom Line Profit Margin | -37.0% | -39.0% | -38.3% | 10.5% | 2.4% | |
| Current Ratio | 1.313 | 1.532 | 1.529 | 1.095 | 0.901 | |
| Quick Ratio | 1.313 | 1.532 | 1.529 | 1.095 | 0.901 | |
| Solvency Ratio | -0.001 | -0.007 | -0.003 | 0.103 | 0.089 | |
| Cash Ratio | 0.179 | 0.471 | 0.335 | 0.092 | 0.120 | |
| Price To Earnings Ratio | -2.835 | -4.912 | -4.696 | 19.839 | 193.372 | |
| Price To Earnings Growth Ratio | 0.294 | 5.649 | 0.010 | 0.057 | -2.013 | |
| Forward Price To Earnings Growth Ratio | 0.294 | 5.649 | 0.010 | 0.057 | -2.013 | |
| Price To Earnings Diluted Ratio | -2.835 | -4.912 | -4.696 | 19.839 | 194.775 | |
| Price To Earnings Diluted Growth Ratio | 0.294 | 5.649 | 0.010 | 0.057 | -2.027 | |
| Price To Book Ratio | 0.639 | 0.930 | 0.705 | 0.649 | 1.357 | |
| Price To Sales Ratio | 1.046 | 1.911 | 1.804 | 2.084 | 4.711 | |
| Price To Free Cash Flow Ratio | 153.258 | 18.810 | 44.615 | -19.637 | 41.131 | |
| Price To Operating Cash Flow Ratio | 4.340 | 5.334 | 5.238 | 5.039 | 12.014 | |
| Debt To Assets Ratio | 0.720 | 0.640 | 0.579 | 0.536 | 0.488 | |
| Debt To Equity Ratio | 3.255 | 2.153 | 1.641 | 1.277 | 1.110 | |
| Debt To Capital Ratio | 0.765 | 0.683 | 0.621 | 0.561 | 0.526 | |
| Long Term Debt To Capital Ratio | 0.763 | 0.681 | 0.619 | 0.547 | 0.520 | |
| Financial Leverage Ratio | 4.524 | 3.362 | 2.833 | 2.383 | 2.275 | |
| Working Capital Turnover Ratio | 6.117 | 5.213 | 9.345 | -217.959 | 40.803 | |
| Operating Cash Flow Ratio | 0.647 | 0.946 | 1.018 | 1.100 | 0.831 | |
| Operating Cash Flow Sales Ratio | 0.241 | 0.358 | 0.344 | 0.414 | 0.392 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.028 | 0.284 | 0.117 | -0.257 | 0.292 | |
| Debt Service Coverage Ratio | 0.983 | 0.849 | 0.914 | 1.895 | 2.893 | |
| Interest Coverage Ratio | 0.577 | 0.452 | -0.216 | 1.666 | 1.425 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 | 2.365 | 8.299 | |
| Operating Cash Flow Coverage Ratio | 0.045 | 0.081 | 0.082 | 0.101 | 0.102 | |
| Capital Expenditure Coverage Ratio | 1.029 | 1.396 | 1.133 | 0.796 | 1.413 | |
| Dividend Paid And Capex Coverage Ratio | 0.565 | 0.773 | 0.632 | 0.532 | 0.719 | |
| Dividend Payout Ratio | -0.518 | -0.533 | -0.631 | 2.429 | 10.599 | |
| Enterprise Value Multiple | 22.177 | 30.216 | 33.218 | 10.247 | 16.183 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | -11.1% | ▼-74.0% | ▼-58.6% |
| Ebit Margin | -8.0% | ▲6.9% | ▼-7.8% |
| Ebitda Margin | 28.4% | ▲8.1% | ▼-7.4% |
| Operating Profit Margin | 16.7% | ▲5.8% | ▲3.5% |
| Pretax Profit Margin | -36.9% | ▲2.0% | ▼-16.7% |
| Continuous Operations Profit Margin | -36.9% | ▲1.9% | ▼-16.7% |
| Net Profit Margin | -37.0% | ▲1.7% | ▼-16.9% |
| Bottom Line Profit Margin | -37.0% | ▲1.9% | ▼-16.8% |
| Current Ratio | 1.313 | ▼-0.218 | ▲0.039 |
| Quick Ratio | 1.313 | ▼-0.218 | ▲0.039 |
| Solvency Ratio | -0.001 | ▲0.006 | ▼-0.037 |
| Cash Ratio | 0.179 | ▼-0.293 | ▼-0.061 |
| Price To Earnings Ratio | -2.835 | ▲2.077 | ▼-42.989 |
| Price To Earnings Growth Ratio | 0.294 | ▼-5.355 | ▼-0.506 |
| Forward Price To Earnings Growth Ratio | 0.294 | ▼-5.355 | ▼-0.506 |
| Price To Earnings Diluted Ratio | -2.835 | ▲2.077 | ▼-43.269 |
| Price To Earnings Diluted Growth Ratio | 0.294 | ▼-5.355 | ▼-0.503 |
| Price To Book Ratio | 0.639 | ▼-0.291 | ▼-0.217 |
| Price To Sales Ratio | 1.046 | ▼-0.866 | ▼-1.266 |
| Price To Free Cash Flow Ratio | 153.257 | ▲134.448 | ▲105.622 |
| Price To Operating Cash Flow Ratio | 4.340 | ▼-0.994 | ▼-2.053 |
| Debt To Assets Ratio | 0.720 | ▲0.079 | ▲0.127 |
| Debt To Equity Ratio | 3.255 | ▲1.102 | ▲1.368 |
| Debt To Capital Ratio | 0.765 | ▲0.082 | ▲0.134 |
| Long Term Debt To Capital Ratio | 0.763 | ▲0.083 | ▲0.137 |
| Financial Leverage Ratio | 4.524 | ▲1.162 | ▲1.448 |
| Working Capital Turnover Ratio | 6.117 | ▲0.904 | ▲37.413 |
| Operating Cash Flow Ratio | 0.646 | ▼-0.300 | ▼-0.262 |
| Operating Cash Flow Sales Ratio | 0.241 | ▼-0.117 | ▼-0.109 |
| Free Cash Flow Operating Cash Flow Ratio | 0.028 | ▼-0.255 | ▼-0.065 |
| Debt Service Coverage Ratio | 0.983 | ▲0.134 | ▼-0.524 |
| Interest Coverage Ratio | 0.577 | ▲0.124 | ▼-0.204 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | ▼-2.133 |
| Operating Cash Flow Coverage Ratio | 0.045 | ▼-0.036 | ▼-0.037 |
| Capital Expenditure Coverage Ratio | 1.029 | ▼-0.367 | ▼-0.124 |
| Dividend Paid And Capex Coverage Ratio | 0.565 | ▼-0.208 | ▼-0.079 |
| Dividend Payout Ratio | -0.518 | ▲0.015 | ▼-2.787 |
| Enterprise Value Multiple | 22.177 | ▼-8.039 | ▼-0.231 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $506.5M | $966.2M | $928.6M | $1.05B | $2.29B | |
| Enterprise value | $3.05B | $3.11B | $3.03B | $3.11B | $4.14B | |
| EV / Sales | 6.31x | 6.16x | 5.89x | 6.15x | 8.51x | |
| EV / Op. cash flow | 26.18x | 17.18x | 17.11x | 14.88x | 21.70x | |
| EV / Free cash flow | 924.30x | 60.59x | 145.70x | -57.98x | 74.30x | |
| EV / EBITDA | 22.18x | 30.22x | 33.22x | 10.25x | 16.18x | |
| Net debt / EBITDA | 18.50x | 20.84x | 23.05x | 6.78x | 7.22x | |
| Current ratio | 1.31x | 1.53x | 1.53x | 1.09x | 0.90x | |
| Income quality | 0.44x | -0.92x | -0.90x | 3.88x | 15.44x | |
| Graham number | — | — | — | $8 | $4 | |
| Graham net-net | -$15 | -$13 | -$13 | -$12 | -$12 | |
| Tax burden | 100.4% | 99.7% | 99.7% | 99.6% | 99.0% | |
| Interest burden | 462.1% | 261.4% | 202.4% | 42.9% | 15.9% | |
| Working capital | $56.6M | $101.8M | $92.1M | $18.0M | -$22.7M | |
| Invested capital | $79.0M | $2.42B | $2.66B | $72.0M | $33.7M | |
| Return on assets | -5.0% | -5.6% | -5.3% | 1.4% | 0.3% | |
| Operating ROA | 2.3% | 1.5% | -0.6% | 3.1% | 2.4% | |
| Return on tangible assets | -5.0% | -5.6% | -5.3% | 1.4% | 0.3% | |
| Return on equity | -22.6% | -18.9% | -14.9% | 3.3% | 0.7% | |
| Return on invested capital | 83.5% | 1.7% | -0.6% | 3.2% | 2.6% | |
| Return on capital employed | 2.4% | 1.7% | -0.6% | 3.2% | 2.6% | |
| Earnings yield | -35.4% | -20.3% | -21.2% | 5.1% | 0.5% | |
| Free cash flow yield | 0.7% | 5.3% | 2.2% | -5.1% | 2.4% | |
| Capex / Op. cash flow | 97.2% | 71.6% | 88.3% | 125.7% | 70.8% | |
| Capex / Depreciation | -17418.7% | 72.8% | 82.9% | 147.8% | 75.9% | |
| Capex / Sales | 23.4% | 25.7% | 30.4% | 52.0% | 27.8% | |
| SG&A / Sales | 8.7% | 8.5% | 6.8% | 6.9% | 6.2% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.0% | 3.3% | 1.9% | 1.8% | 1.5% | |
| Intangibles / Total assets | 0.6% | 0.2% | 0.2% | 1.4% | 1.5% | |
| Days sales outstanding | 154d | 142d | 141d | 138d | 134d | |
| Days payables outstanding | 98d | 253d | 238d | 249d | 291d | |
| Operating cycle | 154d | 142d | 141d | 138d | 134d | |
| Cash conversion cycle | 57d | -110d | -97d | -111d | -157d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent trades
| Date | Representative | Type | Amount |
|---|---|---|---|
| 2020-06-03 | Peter Welch | Sale (Full) | $1,001 - $15,000 |
| 2019-06-24 | Donna Shalala | Sale (Full) | $1,001 - $15,000 |
| 2019-06-04 | Donna Shalala | Purchase | $1,001 - $15,000 |
Recent news
- 2026-09-15 Brandywine Realty Trust Announces Quarterly Common Dividend, and Confirms Third Quarter 2026 Earnings Release and Conference Call PHILADELPHIA, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.08 per common share and OP Unit payable on October 22, 2026 to holders of record on October 8, 2026. The quarterly dividend is equivalent to an annual rate of $0.32 per common share.
- 2026-09-10 Brandywine Realty Trust: The End Of The 3151 Market Saga BDN sold its problematic 3151 Market asset to Burlington Stores for $240 million, ending a multi-year strategic misstep. BDN''s sale price is roughly 25% below original development budget, reflecting significant opportunity cost versus a stabilized, fully leased life science asset. The transaction delivers $168 million in net proceeds, providing critical liquidity and derisking BDN''s pressured balance sheet amid ongoing operational challenges.
- 2026-09-03 Brandywine Realty Trust: This 10.6% REIT Has Many Problems Brandywine Realty Trust trades at a steep 5.5x P/FFO discount, but balance sheet risks overshadow valuation. BDN''s leverage remains elevated at 9.0x net debt/EBITDA, with $700 million in 2027 maturities and heavy reliance on asset sales for debt reduction. The 10.6% dividend yield appears unsustainable, with a Q2 payout ratio of 102.9% and two dividend cuts in three years.
- 2026-08-26 Brandywine Realty Trust Announces Expiration of Tender Offer for the 2029 Notes PHILADELPHIA, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today the expiration of the previously announced cash tender offer (the “2029 Notes Tender Offer”) by its operating partnership, Brandywine Operating Partnership, LP (the “Operating Partnership”), for up to $70,000,000 in aggregate principal amount (the “2029 Series Cap”) of its outstanding 8.875% guaranteed notes due 2029 (the “2029 Notes”). The Operating Partnership previously announced that it had extended the 2029 Notes Tender Offer for the 2029 Notes. The 2029 Notes Tender Offer expired at 5:00 p.m., New York City time, on Tuesday, August 25, 2026 (the “2029 Notes Expiration Date”) pursuant to the Operating Partnership''s Offer to Purchase, dated August 17, 2026 (the “Offer to Purchase”). As of the 2029 Notes Expiration Date, $275,696,000 or approximately 50.1% of the $550,000,000 aggregate principal amount of the 2029 Notes had been validly tendered and not withdrawn in the 2029 Notes Tender Offer. The Operating Partnership accepted for purchase $70,000,000 of the 2029 Notes validly tendered and delivered (and not validly withdrawn) in the 2029 Notes Tender Offer at or prior to the 2029 Notes Expiration Date, subject to the 2029 Series Cap and proration. Payment for the 2029 Notes purchased pursuant to the 2029 Notes Tender Offer is intended to be made on August 27, 2026 (the “2029 Notes Settlement Date”).
- 2026-08-21 Brandywine Realty Trust Announces Expiration of Tender Offer for the 2028 Notes PHILADELPHIA, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today the expiration of the previously announced cash tender offer (the “2028 Notes Tender Offer”) by its operating partnership, Brandywine Operating Partnership, LP (the “Operating Partnership”), for up to $50,000,000 in aggregate principal amount (the “2028 Series Cap”) of its outstanding 7.550% guaranteed notes due 2028 (the “2028 Notes”). The Operating Partnership previously announced that it had extended its cash tender offer (the “2029 Notes Tender Offer” and, together with the 2028 Notes Tender Offer, the “Tender Offers”) for its outstanding 8.875% guaranteed notes due 2029 (the “2029 Notes” and, together with the 2028 Notes, the “Notes”) and increased the aggregate principal amount applicable to the 2029 Notes that it would accept (the “2029 Series Cap”) from $50,000,000 to $70,000,000, resulting in a corresponding increase in the aggregate maximum tender amount (the “Aggregate Maximum Tender Amount”) from $100,000,000 to $120,000,000.
- 2026-08-21 Brandywine Realty Trust Announces Upsize and Extension of Expiration of the Previously Announced Tender Offer for the 2029 Notes PHILADELPHIA, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today a $20,000,000 increase in the aggregate principal amount applicable to the 2029 Notes that it would accept (the “2029 Series Cap”) from $50,000,000 to $70,000,000, resulting in a corresponding increase in the aggregate maximum tender amount (the “Aggregate Maximum Tender Amount”) and extension of the expiration date of the previously announced cash tender offer (the “2029 Notes Tender Offer”) by its operating partnership, Brandywine Operating Partnership, LP (the “Operating Partnership”), for its outstanding 8.875% guaranteed notes due 2029 (the “2029 Notes”) pursuant to the Operating Partnership''s Offer to Purchase, dated August 17, 2026 (the “Offer to Purchase”). The expiration date for the 2029 Notes Tender Offer has been extended from 5:00 p.m., New York City time, on August 21, 2026, to 5:00 p.m., New York City time, on August 25, 2026 (such time and date, as the same may be extended, the “Expiration Date”).
- 2026-08-17 Brandywine Realty Trust Announces Cash Tender Offers PHILADELPHIA, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P. (the “Operating Partnership”), has commenced the concurrent, but separate, cash tender offers (the “Tender Offers”) for up to $100,000,000 in aggregate principal amount (the “Aggregate Maximum Tender Amount”) of its outstanding Notes (as defined below), subject to the Series Caps (as defined below), comprised of (i) up to $50,000,000 in aggregate principal amount (the “2028 Series Cap”) of its outstanding 7.550% guaranteed notes due 2028 (the “2028 Notes”) and (ii) up to $50,000,000 in aggregate principal amount (the “2029 Series Cap” and, together with the 2028 Series Cap, the “Series Caps”) of its outstanding 8.875% guaranteed notes due 2029 (the “2029 Notes” and, together with the 2028 Notes, the “Notes”).
- 2026-08-15 5 Dividend Stocks Wall Street Hates Paying Up To 12.9% 500 out of 500.
- 2026-07-23 Brandywine Realty Trust (BDN) Q2 2026 Earnings Call Transcript Brandywine Realty Trust (BDN) Q2 2026 Earnings Call Transcript
- 2026-07-23 Brandywine Realty Trust Q2 Earnings Call Highlights Brandywine Realty Trust NYSE: BDN said second-quarter operating results generally met or exceeded its business plan, while management outlined continued efforts to sell assets, reduce debt and improve credit metrics.