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Side-by-side financial comparison of BXP, Inc. (BXP) and Principal Financial Group (PFG). Click either name above to swap in a different company.

BXP, Inc. is the larger business by last-quarter revenue ($872.1M vs $750.8M, roughly 1.2× Principal Financial Group). BXP, Inc. runs the higher net margin — 15.3% vs 0.3%, a 15.0% gap on every dollar of revenue. On growth, Principal Financial Group posted the faster year-over-year revenue change (4.0% vs 0.8%). Over the past eight quarters, BXP, Inc.'s revenue compounded faster (1.3% CAGR vs -58.3%).

BXP Inc., operating as Boston Properties, is a leading U.S. real estate investment trust focused on owning, managing and developing high-quality Class A commercial office properties across major U.S. metro markets, serving diverse corporate, tech and professional service tenants.

Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.

BXP vs PFG — Head-to-Head

Bigger by revenue
BXP
BXP
1.2× larger
BXP
$872.1M
$750.8M
PFG
Growing faster (revenue YoY)
PFG
PFG
+3.2% gap
PFG
4.0%
0.8%
BXP
Higher net margin
BXP
BXP
15.0% more per $
BXP
15.3%
0.3%
PFG
Faster 2-yr revenue CAGR
BXP
BXP
Annualised
BXP
1.3%
-58.3%
PFG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BXP
BXP
PFG
PFG
Revenue
$872.1M
$750.8M
Net Profit
$133.0M
$1.9M
Gross Margin
Operating Margin
Net Margin
15.3%
0.3%
Revenue YoY
0.8%
4.0%
Net Profit YoY
53.0%
783.0%
EPS (diluted)
$1.69

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
BXP
BXP
PFG
PFG
Q1 26
$872.1M
$750.8M
Q4 25
$877.1M
$4.6B
Q3 25
$871.5M
$3.7B
Q2 25
$868.5M
$3.7B
Q1 25
$865.2M
$3.7B
Q4 24
$858.6M
$4.8B
Q3 24
$859.2M
$3.0B
Q2 24
$850.5M
$4.3B
Net Profit
BXP
BXP
PFG
PFG
Q1 26
$133.0M
$1.9M
Q4 25
$248.4M
$517.0M
Q3 25
$-121.7M
$213.8M
Q2 25
$89.0M
$406.2M
Q1 25
$61.2M
$48.1M
Q4 24
$-228.9M
$905.4M
Q3 24
$83.6M
$-220.0M
Q2 24
$79.6M
$353.1M
Gross Margin
BXP
BXP
PFG
PFG
Q1 26
Q4 25
58.8%
Q3 25
59.3%
Q2 25
59.2%
Q1 25
59.2%
Q4 24
59.7%
Q3 24
59.5%
Q2 24
59.8%
Net Margin
BXP
BXP
PFG
PFG
Q1 26
15.3%
0.3%
Q4 25
28.3%
11.3%
Q3 25
-14.0%
5.8%
Q2 25
10.2%
11.1%
Q1 25
7.1%
1.3%
Q4 24
-26.7%
19.1%
Q3 24
9.7%
-7.3%
Q2 24
9.4%
8.2%
EPS (diluted)
BXP
BXP
PFG
PFG
Q1 26
$1.69
Q4 25
$1.56
$2.30
Q3 25
$-0.77
$0.95
Q2 25
$0.56
$1.79
Q1 25
$0.39
$0.21
Q4 24
$-1.46
$3.92
Q3 24
$0.53
$-0.95
Q2 24
$0.51
$1.49

Balance Sheet & Financial Strength

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

Metric
BXP
BXP
PFG
PFG
Cash + ST InvestmentsLiquidity on hand
$512.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.7B
Total Assets
$25.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BXP
BXP
PFG
PFG
Q1 26
$512.8M
Q4 25
$1.5B
$4.4B
Q3 25
$861.1M
$5.1B
Q2 25
$447.0M
$3.7B
Q1 25
$398.1M
$3.9B
Q4 24
$1.3B
$4.2B
Q3 24
$1.4B
$6.2B
Q2 24
$685.4M
$4.8B
Total Debt
BXP
BXP
PFG
PFG
Q1 26
Q4 25
$3.9B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$4.3B
Q4 24
$4.0B
Q3 24
$3.9B
Q2 24
$3.9B
Stockholders' Equity
BXP
BXP
PFG
PFG
Q1 26
$7.7B
Q4 25
$5.1B
$11.9B
Q3 25
$5.0B
$11.7B
Q2 25
$5.3B
$11.4B
Q1 25
$5.3B
$11.2B
Q4 24
$5.4B
$11.1B
Q3 24
$5.8B
$11.2B
Q2 24
$5.8B
$11.0B
Total Assets
BXP
BXP
PFG
PFG
Q1 26
$25.1B
Q4 25
$26.2B
$341.4B
Q3 25
$26.0B
$334.5B
Q2 25
$25.6B
$323.1B
Q1 25
$25.4B
$313.0B
Q4 24
$26.1B
$313.7B
Q3 24
$26.4B
$322.9B
Q2 24
$25.5B
$308.8B
Debt / Equity
BXP
BXP
PFG
PFG
Q1 26
Q4 25
0.33×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.39×
Q4 24
0.36×
Q3 24
0.35×
Q2 24
0.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BXP
BXP

Lease$818.2M94%
Parking and other$30.8M4%
Development and management services$9.2M1%

PFG
PFG

Segment breakdown not available.

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