Brixmor Property Group Inc. (BRX) intrinsic value & 10-year financials
Brixmor Property Group Inc. (BRX) has a Graham intrinsic value of $16.91 per share. At $27.66 on Oct 17, 2026, the stock trades 64% above that value. Over the last 10 fiscal years revenue grew 3.6% a year to $1.4B, with an average return on invested capital of 3.8%.
- Graham intrinsic value
- $16.91
- Share price (Oct 17, 2026)
- $27.66
- Price vs Graham value
- 64% above
- Market cap
- $8.5B
- Revenue (FY2025)
- $1.4B
- Revenue growth (10-yr CAGR)
- 3.6%
- ROIC (10-yr avg)
- 3.8%
- Free cash flow (FY2025)
- —
BRX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.4B | $386.2M | $1.25 | — | — | 4.8% |
| FY2024 | $1.3B | $339.3M | $1.11 | — | — | 4.3% |
| FY2023 | $1.2B | $305.1M | $1.01 | — | — | 3.9% |
| FY2022 | $1.2B | $354.2M | $1.17 | — | — | 4.6% |
| FY2021 | $1.2B | $270.2M | $0.90 | — | — | 3.6% |
| FY2020 | $1.1B | $121.2M | $0.41 | — | — | 1.6% |
| FY2019 | $1.2B | $274.8M | $0.92 | — | — | 3.6% |
| FY2018 | $1.2B | $366.3M | $1.21 | — | — | 4.5% |
| FY2017 | $1.3B | $300.4M | $0.98 | — | — | 3.5% |
| FY2016 | $998.1M | $278.1M | $0.91 | — | — | 3.2% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Brixmor Property Group Inc. has demonstrated mature, steady growth, with revenue compounding at 3.6% annually over the past decade.
Brixmor Property Group Inc. has historically struggled to out-earn its cost of capital, averaging just 3.8% ROIC.
Brixmor Property Group Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Brixmor Property Group Inc. is modeled at 3.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $16.91 per share.