OFFICE PROPERTIES INCOME TRUST (OPI)
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.
Sector: Real Estate
Industry: REIT - Office
Office Properties Income Trust
No splits on record
Nothing in OPI's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2025 |
|---|---|
| Currency | USD |
| Period Ending | 2025-12-31 |
| Revenue | $445.57M |
| YoY Growth | - |
| Cost of Revenue | $444.09M |
| Gross Profit | $1.48M |
| Gross Margin | 0.3% |
| Research and Development | $0 |
| Selling, General, and Administrative | $0 |
| Other | -$49.34M |
| Total Operating Expenses | -$49.34M |
| Operating Income (EBIT) | $50.82M |
| Operating Margin | 11.4% |
| Interest Expense | $203.45M |
| Interest Income | $0 |
| Other Income (Expense) | -$323.08M |
| Income Before Tax (EBT) | -$272.26M |
| Income Tax Expense | $116K |
| Net Income | -$272.37M |
| Net Income Margin | -61.1% |
| Supplementary Data | |
| EPS | -3.79 |
| Diluted EPS | -3.79 |
| Weighted Average OS | 71.92M |
| EBITDA | $109.17M |
| EBITDA Margin | 24.5% |
| Period | FY 2025 |
|---|---|
| Currency | USD |
| Period Ending | 2025-12-31 |
| Assets | |
| Current Assets | |
| Cash and Cash Equivalents | $80.66M |
| Short-Term Investments | $0 |
| Cash and Short-Term Investments | $80.66M |
| Accounts Receivable | $164.34M |
| Inventory | $0 |
| Other Current Assets | $0 |
| Total Current Assets | $245.01M |
| Long-Term Assets | |
| Property, Plant & Equipment Net | $0 |
| Goodwill | $0 |
| Intangible Assets | $150.25M |
| Long-Term Investments | $2.96B |
| Deferred Tax Assets | $0 |
| Other Long-Term Assets | $129.22M |
| Total Long-Term Assets | $3.24B |
| Other Assets | $0 |
| Total Assets | $3.49B |
| Liabilities | |
| Current Liabilities | |
| Accounts Payable | $0 |
| Short-Term Debt | $144.15M |
| Current Income Tax Payable | $0 |
| Current Unearned Revenue | $0 |
| Other Current Liabilities | $0 |
| Total Current Liabilities | $144.15M |
| Long-Term Liabilities | |
| Long-Term Debt | $2.26B |
| Long-Term Unearned Revenue | $0 |
| Long-Term Deferred Tax Liabilities | $0 |
| Other Long-Term Liabilities | $190.61M |
| Total Long-Term Liabilities | $2.46B |
| Other Liabilities | $0 |
| Total Liabilities | $2.61B |
| Stockholders' Equity | |
| Preferred Stock | $0 |
| Common Stock | $739K |
| Retained Earnings | -$1.78B |
| Comprehensive Income & Other | $0 |
| Other Stockholders' Equity | $2.66B |
| Total Equity | $880.99M |
| Minority Interest | $0 |
| Total Liabilities and Equity | $3.49B |
| Supplementary Data | |
| Total Debt | $2.42B |
| Net Debt | $2.34B |
| Period | FY 2025 |
|---|---|
| Currency | USD |
| Period Ending | 2025-12-31 |
| Operating Activities | |
| Net Income | -$272.39M |
| Depreciation & Amortization | $177.97M |
| Deferred Income Tax | $0 |
| Stock-Based Compensation | $0 |
| Changes in Working Capital: | |
| Accounts Receivable | $2.18M |
| Inventory | $0 |
| Accounts Payable | $71.08M |
| Other Working Capital | -$28.9M |
| Total Working Capital Change | $44.36M |
| Other Non-Cash Items | $43.48M |
| Net Cash from Operating | -$6.57M |
| Investing Activities | |
| Capital Expenditures | -$37.63M |
| Acquisitions | $0 |
| Purchases of Investments | $0 |
| Sales of Investments | $39.83M |
| Other Investing Activities | $0 |
| Net Cash from Investing | $2.19M |
| Financing Activities | |
| Debt Repaid | $189.79M |
| Common Stock Issuance | $1.11M |
| Common Stock Repurchases | -$32K |
| Dividends Paid | $0 |
| Other Financing Activities | $0 |
| Net Cash from Financing | -$190.13M |
| Forex Effect | $0 |
| Net Change in Cash | -$194.5M |
| Supplementary Data | |
| Operating Cash Flow | -$6.57M |
| Capital Expenditure | -$37.63M |
| Free Cash Flow | -$44.2M |
| Cash at Beginning | $275.17M |
| Cash at End | $80.66M |