vs

Side-by-side financial comparison of BRANDYWINE REALTY TRUST (BDN) and GRAFTECH INTERNATIONAL LTD (EAF). Click either name above to swap in a different company.

BRANDYWINE REALTY TRUST is the larger business by last-quarter revenue ($127.0M vs $125.1M, roughly 1.0× GRAFTECH INTERNATIONAL LTD). GRAFTECH INTERNATIONAL LTD runs the higher net margin — -34.6% vs -38.4%, a 3.8% gap on every dollar of revenue. On growth, GRAFTECH INTERNATIONAL LTD posted the faster year-over-year revenue change (11.9% vs 4.5%). Over the past eight quarters, BRANDYWINE REALTY TRUST's revenue compounded faster (0.7% CAGR vs -4.6%).

Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.

GrafTech International Ltd. is a manufacturer of graphite electrodes and petroleum coke, which are essential for the production of electric arc furnace steel and other metals. Headquartered in Brooklyn Heights, Ohio, it has manufacturing facilities in Calais, France;Pamplona, Spain; Monterrey, Mexico; and St. Marys, Pennsylvania.

BDN vs EAF — Head-to-Head

Bigger by revenue
BDN
BDN
1.0× larger
BDN
$127.0M
$125.1M
EAF
Growing faster (revenue YoY)
EAF
EAF
+7.3% gap
EAF
11.9%
4.5%
BDN
Higher net margin
EAF
EAF
3.8% more per $
EAF
-34.6%
-38.4%
BDN
Faster 2-yr revenue CAGR
BDN
BDN
Annualised
BDN
0.7%
-4.6%
EAF

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BDN
BDN
EAF
EAF
Revenue
$127.0M
$125.1M
Net Profit
$-48.8M
$-43.3M
Gross Margin
-7.8%
Operating Margin
1.2%
Net Margin
-38.4%
-34.6%
Revenue YoY
4.5%
11.9%
Net Profit YoY
-80.4%
-10.0%
EPS (diluted)
$-0.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BDN
BDN
EAF
EAF
Q1 26
$127.0M
$125.1M
Q4 25
$121.0M
$116.5M
Q3 25
$121.4M
$144.0M
Q2 25
$120.6M
$131.8M
Q1 25
$121.5M
$111.8M
Q4 24
$121.9M
$134.2M
Q3 24
$131.8M
$130.7M
Q2 24
$125.3M
$137.3M
Net Profit
BDN
BDN
EAF
EAF
Q1 26
$-48.8M
$-43.3M
Q4 25
$-36.7M
$-65.1M
Q3 25
$-25.9M
$-28.5M
Q2 25
$-88.7M
$-86.9M
Q1 25
$-27.0M
$-39.4M
Q4 24
$-44.5M
$-49.5M
Q3 24
$-165.2M
$-36.1M
Q2 24
$30.2M
$-14.8M
Gross Margin
BDN
BDN
EAF
EAF
Q1 26
-7.8%
Q4 25
61.3%
-20.9%
Q3 25
62.6%
7.2%
Q2 25
62.4%
0.0%
Q1 25
60.8%
-1.5%
Q4 24
61.2%
-7.8%
Q3 24
64.9%
-9.2%
Q2 24
63.1%
2.9%
Operating Margin
BDN
BDN
EAF
EAF
Q1 26
1.2%
Q4 25
22.8%
-33.6%
Q3 25
20.8%
-3.6%
Q2 25
-34.3%
-11.0%
Q1 25
12.5%
-16.3%
Q4 24
18.0%
-18.6%
Q3 24
-7.2%
-20.1%
Q2 24
15.5%
-2.0%
Net Margin
BDN
BDN
EAF
EAF
Q1 26
-38.4%
-34.6%
Q4 25
-30.3%
-55.9%
Q3 25
-21.3%
-19.8%
Q2 25
-73.5%
-65.9%
Q1 25
-22.2%
-35.2%
Q4 24
-36.5%
-36.9%
Q3 24
-125.4%
-27.6%
Q2 24
24.1%
-10.7%
EPS (diluted)
BDN
BDN
EAF
EAF
Q1 26
$-0.28
Q4 25
$-0.21
$-6.86
Q3 25
$-0.15
$-1.10
Q2 25
$-0.51
$-0.34
Q1 25
$-0.16
$-0.15
Q4 24
$-0.25
$-3.51
Q3 24
$-0.96
$-1.40
Q2 24
$0.17
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BDN
BDN
EAF
EAF
Cash + ST InvestmentsLiquidity on hand
$36.2M
$120.2M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
Total Assets
$3.6B
$997.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDN
BDN
EAF
EAF
Q1 26
$36.2M
$120.2M
Q4 25
$32.3M
Q3 25
$75.5M
Q2 25
$122.6M
Q1 25
$29.4M
Q4 24
$90.2M
Q3 24
$36.5M
Q2 24
$30.4M
$120.7M
Total Debt
BDN
BDN
EAF
EAF
Q1 26
$1.1B
Q4 25
$2.6B
$1.1B
Q3 25
$2.3B
$1.1B
Q2 25
$2.3B
$1.1B
Q1 25
$2.2B
$1.1B
Q4 24
$2.2B
$1.1B
Q3 24
$2.3B
$929.5M
Q2 24
$2.2B
$928.2M
Stockholders' Equity
BDN
BDN
EAF
EAF
Q1 26
Q4 25
$792.7M
$-259.6M
Q3 25
$841.5M
$-194.4M
Q2 25
$879.8M
$-168.4M
Q1 25
$993.6M
$-105.3M
Q4 24
$1.0B
$-78.9M
Q3 24
$1.1B
$-9.0M
Q2 24
$1.3B
$16.2M
Total Assets
BDN
BDN
EAF
EAF
Q1 26
$3.6B
$997.2M
Q4 25
$3.6B
$1.0B
Q3 25
$3.3B
$1.1B
Q2 25
$3.4B
$1.1B
Q1 25
$3.4B
$1.2B
Q4 24
$3.5B
$1.2B
Q3 24
$3.6B
$1.1B
Q2 24
$3.8B
$1.2B
Debt / Equity
BDN
BDN
EAF
EAF
Q1 26
Q4 25
3.23×
Q3 25
2.70×
Q2 25
2.63×
Q1 25
2.23×
Q4 24
2.13×
Q3 24
2.06×
Q2 24
1.73×
57.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BDN
BDN
EAF
EAF
Operating Cash FlowLast quarter
$-14.9M
Free Cash FlowOCF − Capex
$-27.1M
FCF MarginFCF / Revenue
-21.6%
Capex IntensityCapex / Revenue
9.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-105.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDN
BDN
EAF
EAF
Q1 26
$-14.9M
Q4 25
$116.7M
$-20.9M
Q3 25
$47.5M
$24.7M
Q2 25
$34.4M
$-53.2M
Q1 25
$6.3M
$-32.2M
Q4 24
$181.1M
$-26.4M
Q3 24
$52.2M
$23.7M
Q2 24
$48.2M
$-36.9M
Free Cash Flow
BDN
BDN
EAF
EAF
Q1 26
$-27.1M
Q4 25
$-39.3M
Q3 25
$18.4M
Q2 25
$-57.1M
Q1 25
$-42.5M
Q4 24
$-39.2M
Q3 24
$19.7M
Q2 24
$-43.8M
FCF Margin
BDN
BDN
EAF
EAF
Q1 26
-21.6%
Q4 25
-33.7%
Q3 25
12.8%
Q2 25
-43.3%
Q1 25
-38.0%
Q4 24
-29.2%
Q3 24
15.1%
Q2 24
-31.9%
Capex Intensity
BDN
BDN
EAF
EAF
Q1 26
9.7%
Q4 25
15.8%
Q3 25
4.4%
Q2 25
3.0%
Q1 25
9.2%
Q4 24
9.5%
Q3 24
3.1%
Q2 24
5.1%
Cash Conversion
BDN
BDN
EAF
EAF
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
1.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BDN
BDN

Rents$120.7M95%
Third party management fees, labor reimbursement and leasing$4.7M4%

EAF
EAF

Segment breakdown not available.

Related Comparisons