Office Properties Income Trust Common shares of beneficial interest

Office Properties Income Trust Common shares of beneficial interest

OPI · NASDAQ · Real Estate / REIT - Office

15.25USD+0.62 (+4.24%)

Price History

Full chart

Market Stats

Previous Close14.63
Open14.54
Day Range14.46 – 15.48
52-Week Range14.64 – 49.69
Volume73.93K
Market Cap364.43M
P/E (TTM)0.00
Forward P/E0.00
Dividend Yield0.00%
Beta3.81
50-Day Avg17.99
200-Day Avg18.01

About

Office Properties Income Trust is a national REIT focused on owning and leasing office properties to high credit quality tenants in markets throughout the United States. As of June 30, 2026, approximately 62% of OPI's revenues were from investment grade rated tenants. OPI owned 122 properties as of June 30, 2026, with approximately 17.1 million square feet located in 29 states and Washington, D.C. OPI is managed by The RMR Group, a leading U.S. alternative asset management company with over 37 billion dollars in assets under management as of June 30, 2026, and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. Office Properties Income Trust is based in Newton, Massachusetts. Office Properties Income Trust was established in February 17, 2009, and incorporated in Maryland.

Company Details

  • SectorReal Estate
  • IndustryREIT - Office
  • CEOMs. Yael Duffy
  • HeadquartersTwo Newton Place, Newton, MA, United States, 02458-1634, USA
  • Websitehttps://www.opireit.com

Leadership

  • Ms. Yael DuffyPresident & CEO · b. 1980
  • Mr. Brian E. Donley CPACFO & Treasurer · b. 1975
  • Mr. Kevin BarrySenior Director of Investor Relations
  • Mr. John R. CastellanoChief Restructuring Officer · b. 1967
  • Ms. Lindsey Adair Getz J.D.Secretary

Financials

Income Statement

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue73.05M75.42M78.96M116.77M178.95M227.75M226.91M251.03M248.55M258.18M316.53M426.56M678.40M587.92M576.48M554.27M533.55M501.98M442.56M
Growth (%)-+3.25%+4.68%+47.89%+53.25%+27.27%-0.37%+10.63%-0.99%+3.87%+22.60%+34.76%+59.04%-13.34%-1.95%-3.85%-3.74%-5.92%-11.84%
Cost of Revenue--8.55M21.24M34.66M24.86M25.71M28.39M29.91M30.70M37.94M49.71M73.72M65.12M71.97M57.84M172.71M62.37M49.01M
Gross Profit73.05M75.42M70.41M95.53M144.29M202.89M201.20M222.64M218.64M227.48M278.59M376.85M604.69M522.80M504.51M496.43M360.84M439.61M393.55M
Gross Margin100.00%100.00%89.18%81.81%80.63%89.08%88.67%88.69%87.97%88.11%88.01%88.35%89.13%88.92%87.52%89.56%67.63%87.58%88.93%
Operating Expense40.68M43.51M38.91M58.03M82.77M129.38M129.10M151.11M152.67M160.80M224.27M303.44M476.81M410.08M402.30M384.85M26.78M350.73M19.43M
Operating Income32.37M31.91M31.50M37.50M61.52M73.51M72.10M71.53M65.97M66.68M54.32M73.41M127.87M112.72M102.22M111.58M334.06M88.88M374.12M
Operating Margin44.31%42.31%39.89%32.11%34.38%32.27%31.78%28.49%26.54%25.83%17.16%17.21%18.85%19.17%17.73%20.13%62.61%17.71%84.54%
EBITDA46.20M46.09M46.67M59.55M101.85M117.62M128.40M138.93M93.34M167.05M165.37M227.13M417.76M368.12M348.45M334.14M302.34M285.62M-300.99M
EBITDA Margin63.25%61.11%59.11%51.00%56.92%51.64%56.59%55.34%37.56%64.70%52.24%53.25%61.58%62.61%60.44%60.28%56.67%56.90%-68.01%
Net Income32.10M31.81M25.98M27.80M46.00M56.75M54.62M56.53M-209.96M57.84M12.09M-21.88M30.34M6.68M-8.18M-6.11M-69.43M-136.11M-272.37M
Net Income Margin43.94%42.17%32.91%23.80%25.70%24.92%24.07%22.52%-84.47%22.40%3.82%-5.13%4.47%1.14%-1.42%-1.10%-13.01%-27.11%-61.55%
R&D---------0.090.030.060.05------
R&D as % of Total Revenue---------0.00%0.00%0.00%0.00%------
Interest Expense359.00K141.00K5.56M7.35M12.06M16.95M16.83M28.05M37.01M45.06M65.41M89.86M134.88M108.30M112.39M103.48M110.65M163.75M203.45M
Interest Expense % of Total Revenue0.49%0.19%7.04%6.30%6.74%7.44%7.42%11.17%14.89%17.45%20.66%21.07%19.88%18.42%19.49%18.67%20.74%32.62%45.97%

Balance Sheet

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets431.01M419.77M514.81M951.29M1.37B1.56B1.63B2.43B2.17B2.39B3.70B5.24B4.19B3.95B4.24B3.98B3.99B3.82B3.69B
Total Liabilities10.46M6.32M162.76M193.89M476.91M534.68M642.78M1.13B1.22B1.45B2.35B3.46B2.49B2.34B2.74B2.59B2.73B2.67B2.86B
Total Equity420.55M413.45M352.05M757.40M891.67M1.03B989.67M1.30B956.65M935.00M1.35B1.78B1.71B1.61B1.50B1.39B1.26B1.15B825.77M
Cash66.00K97.00K1.48M2.44M3.27M5.25M7.66M13.79M8.79M29.94M16.57M35.35M93.74M42.05M83.03M12.25M12.31M261.32M29.48M
Total Debt7.56M3.29M3.57M178.11M807.11M511.76M616.81M1.10B1.16B1.39B2.26B3.27B2.34B2.21B2.59B2.45B2.58B2.54B-
Net Debt7.49M3.19M2.09M175.67M803.84M506.50M609.15M1.09B1.16B1.36B2.24B3.24B2.25B2.17B2.51B2.43B2.57B2.28B-29.48M

Cash Flow

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow40.52M44.94M40.07M59.15M80.49M100.31M108.39M130.72M115.36M124.26M133.05M144.92M215.33M233.63M221.49M192.61M141.73M67.17M-6.15M
Investing Cash Flow-2.18M-2.55M-105.19M-394.69M-390.55M-232.47M-117.51M-748.76M-66.60M-215.16M-1.19B738.66M877.82M-22.99M-442.99M-4.62M-194.82M66.61M3.38M
Financing Cash Flow-38.34M-42.36M66.49M336.50M310.90M134.14M11.52M624.16M-53.76M112.06M1.04B-864.31M-1.03B-254.48M249.15M-260.26M67.56M114.67M-190.13M
Capital Expenditure2.18M2.55M100.05M394.62M390.55M00019.16M33.00M45.94M47.50M62.68M81.76M100.14M204.10M229.00M123.38M0
Free Cash Flow38.34M42.39M-59.98M-335.47M-310.06M100.31M108.39M130.72M96.19M91.26M87.11M97.42M152.65M151.87M121.35M-11.49M141.73M67.17M-6.15M
Dividends Paid--265.76M50.52M70.39M82.82M94.04M100.86M121.66M122.37M145.21M170.57M105.87M106.12M106.37M106.63M63.19M2.03M1.41M
FCF to OCF94.61%94.32%-149.67%-567.16%-385.23%100.00%100.00%100.00%83.39%73.44%65.47%67.22%70.89%65.00%54.79%-5.97%100.00%100.00%100.00%
Dividend Paid to FCF---443.11%-15.06%-22.70%82.56%86.76%77.15%126.47%134.09%166.70%175.09%69.35%69.88%87.65%-928.02%44.58%3.03%-22.89%

Earnings

Report DateAug 5, 2026
EPS Estimate-
EPS Actual-36.08
Surprise-
TimingAfter-hours

Key Statistics & Ratios

Market Cap364.43M
Enterprise Value2.05B
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.83
Price / Book0.00
Book Value23.30
Revenue (TTM)440.14M
Gross Profit (TTM)362.37M
EBITDA209.86M
Profit Margin-243.21%
Operating Margin-0.02%
Return on Equity-135.73%
Return on Assets0.62%
Shares Outstanding21.95M
Shares Float10.69M
Beta3.81
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
85.37%
Insiders
0.01%
Retail / Other
14.62%

Top Institutional Holders

  • Redwood Capital Management, LLC
    4.33M19.71%
  • Liberty Mutual Group Asset Management Inc.
    1.31M5.97%
  • Valueworks LLC
    1.16M5.29%
  • Millennium Management LLC
    119.01K0.54%
  • AEGON USA Investment Management LLC
    57.11K0.26%
  • Citadel Advisors Llc
    12.77K0.06%
  • Bank of Montreal
    12.23K0.06%
  • MSD Partners, L.P.
    10.71K0.05%

Top Fund Holders

  • Aviva Investors Global HY Bd I USD Acc
    224.98K1.02%
  • Nuveen Floating Rate Income
    92.09K0.42%
  • Invesco High Yield A
    86.11K0.39%
  • Nuveen Credit Strategies Income
    52.62K0.24%
  • Virtus InfraCap US Preferred Stock ETF
    47.36K0.22%
  • Mackenzie Unconstrained Fixed Inc F
    32.98K0.15%
  • Undrly Aviva Mixed 40-85% Pen
    31.63K0.14%
  • Undrly Aviva Insrd Dvrs Ast Fd 5 S14 Pn
    26.01K0.12%
  • Mackenzie North American Corp Bond A
    23.47K0.11%
  • Undrly Aviva Div Assts Fd inet Pen
    14.05K0.06%
  • BMO High Yld US Corp Bd ETF
    12.23K0.06%
  • IG Mackenzie North American CorpBd C
    11.62K0.05%

Stock Splits

  • Jan 2, 20191:4