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MARKETS / NASDAQ / BPYPM
About this ticker

BPYPM is a preferred stock of Brookfield Property Partners L.p. — not its common stock. The figures on this page, including EPS, diluted and dividend per share, describe Brookfield Property Partners L.p. as a whole. BPYPM is not the only one: Brookfield Property Partners L.p. also has other preferred series with no page of their own — BPYPN, BPYPO, and BPYPP — that land on this page too. Each is its own series, with its own rate and terms; this page describes Brookfield Property Partners L.p.’s filings, not the terms of any one series.

NASDAQ · REAL ESTATE · SMALL CAP

Brookfield Property Partners L.p. BPYPM

11 fiscal years on record · USD · FY2025 reported · SEC filings only
$7.1B
▼ 21.6% YoY
$-305.0M
$-1.4B
▼ 320.0% YoY
In brief

What this company does

Brookfield Property Partners L.P. is Brookfield Corporation's primary vehicle to make investments across all strategies in real estate. The company has approximately 24,000 employees involved in Brookfield's real estate businesses around the globe. Its business is organized in three sectors: Office, Retail and LP Investments. Its Office portfolio consists of 67 million leasable square feet across 110 office assets in commercial markets such as New York, London, Dubai, Toronto, and Berlin. Its Retail portfolio consists of 99 million leasable square feet across 96 malls and urban retail properties across the United States. Its LP Investments portfolio includes equity invested in Brookfield-sponsored real estate opportunity funds targeting assets across various real estate sectors, including office, retail, multifamily, logistics, hospitality, mixed-use and other alternative real estate. As of and for the year ended December 31, 2025, approximately 67% of its assets and 65% of its revenues originated from the United States, with the remainder originating from Canada, Australia, United Kingdom, Europe, Brazil, Middle East and Asia. Brookfield Property Partners L.P. was established on January 3, 2013 as a Bermuda exempted limited partnership registered under the Bermuda Limited Partnership Act 1883, as amended, and the Bermuda Exempted Partnerships Act 1992, as amended.

Written from the business description in Brookfield Property Partners L.P.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.

Growth
USD 7.1B
Revenue, FY2025 · full 11-year series below
Revenue $B Net income $B
FY2025 · Revenue 7.1 · Net income -0.3
4.0B8.0B-0.8B-1.6B201520172019202120232025
Compound annual growth
−1.0%
+1.6%
+3.9%
−5.0%
−2.0%
+1.2%
−22.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +1.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−4 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Net -4.3%
20%40%60%-10%-20%-30%201520172019202120232025
ROE

No chart to show — the reason differs by year; see each year in the table below.

Cash & shareholders
USD 3.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF -1.4
0.4B0.8B-0.5B-1.0B201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 3.0
50M100M2015201620172018202320242025

USD 3.0M in buybacks went back to shareholders.

Total assetsUSD 99.3B
CashUSD 1.9B
Gross debtUSD 46.3B
Net debtUSD 44.5B

Not available: we don't have the shareholders' equity figure for this period.

The 11-year record
11 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015
Revenue $B7.19.19.57.47.16.68.27.26.15.44.9
Operating income $B···········
EBITDA $B···········
Income tax $B0.20.3−0.40.30.50.20.20.10.2−0.60.1
Net income $B−0.3−2.0−1.81.03.5−2.13.23.72.52.73.8
Free cash flow $B−1.40.6−1.2−0.30.51.20.30.90.40.50.5
EPS, diluted $·····−2.391.892.260.482.253.60
Dividend / sh $1.201.341.401.401.051.331.321.261.181.121.06
Payout %···········
ROE %···········

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 26 reconciliationsAUDITED

Reconciled in 11 of 19 fiscal years. 50 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityReal Estate
Listed onNASDAQ
Incorporated inoutside the United States — SEC code D0
Fiscal year endsDecember 31
Data on record since2015

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