BrightSpire Capital, Inc. logo BRSP - BrightSpire Capital, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 1
SELL 2
STRONG
SELL
0
| PRICE TARGET: $6.00 DETAILS
HIGH: $6.00
LOW: $6.00
MEDIAN: $6.00
CONSENSUS: $6.00
UPSIDE: 5.82%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue 331.6 347.2 392.1 358.5 323.1 424.3 549.3 473.4 164.0 141.7 112.7
Cost of Revenue 167.0 187.8 199.9 165.5 131.2 212.0 310.5 253.1 29.0 26.9 2.0
Gross Profit 164.6 159.4 192.2 193.1 191.9 212.4 238.8 220.3 135.0 114.7 110.7
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 34.6 39.5 33.0 41.7 56.3 74.3 69.8 12.7 15.4 15.3
Other Expenses 33.7 176.6 140.9 113.3 50.5 136.5 321.5 201.2 (9.6) (21.3) 0.7
Operating Expenses 33.7 211.2 180.4 146.3 92.2 192.8 395.8 271.1 3.1 (5.8) 16.0
Operating Income
Operating Income 130.9 (51.8) 11.8 46.7 99.6 19.6 (157.0) (50.8) 131.9 120.6 94.7
Interest Expense 127.3 27.0 25.9 28.7 32.3 48.9 55.4 43.4 5.1 0 18.9
Interest Income 194.9 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 112.0 (66.8) 35.9 112.5 101.6 (142.6) (337.7) (29.6) 109.4 136.8 100.8
EBIT 74.6 (107.4) 2.3 77.9 65.1 (202.4) (441.0) (120.6) 110.5 94.5 100.8
Income Before Tax (52.6) (134.5) (14.6) 49.2 (98.3) (386.5) (496.4) (140.3) 130.1 110.5 81.9
Income Tax Expense (21.5) 1.1 1.1 2.4 6.3 (10.9) 3.2 37.1 2.2 1.5 0.2
Net Income (31.1) (132.0) (15.5) 45.8 (101.0) (353.3) (414.5) (168.5) 88.5 76.1 80.6
Per Share Data
EPS (Basic) -0.26 -1.05 -0.12 0.35 -0.79 -2.75 -3.89 -1.41 0.78 0.59 0.63
EPS (Diluted) -0.26 -1.05 -0.12 0.34 -0.79 -2.75 -3.25 -1.41 0.78 0.59 0.63
Shares Outstanding 126.9 127.4 127.1 127.3 128.5 128.5 127.7 120.7 113.3 127.9 127.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 66.8 302.2 257.5 306.3 259.7 474.8 69.6 77.3 25.2 14.0
Short-Term Investments 0 0 0 0 0 10.4 273.6 228.2 0 0
Net Receivables 2,648.8 2,408.0 41.5 40.7 3,529.7 2,247.2 2,644.8 48.8 1,337.3 1,523.4
Inventory 0 0 (5.6) 16.8 0 0 0 0 (1,302.7) 0
Other Current Assets 107.0 153.7 3,004.2 3,561.5 939.4 2,152.4 2,183.2 2,069.5 1,344.2 87.9
Total Current Assets 2,822.6 2,863.9 3,300.3 3,927.4 4,733.9 4,889.0 5,176.5 2,195.7 1,404.5 1,625.3
Non-Current Assets
Property, Plant & Equipment 19.8 23.2 22.1 25.2 25.0 22.1 25.5 0 219.7 8.9
Goodwill 0 0 0 0 0 0 0 0 0 0
Intangible Assets 27.6 47.2 46.5 41.2 65.0 75.7 112.8 134.1 11.0 0
Long-Term Investments 2.1 2.2 2.3 3.0 20.6 373.4 595.3 903.0 203.7 155.5
Other Non-Current Assets 692.6 786.9 814.7 740.8 793.9 851.8 1,504.3 1,988.8 0.5 12.4
Total Non-Current Assets 742.2 859.6 895.1 841.8 904.4 1,322.9 2,237.8 3,025.9 434.9 176.9
Total Assets 3,564.8 3,723.5 4,198.3 4,750.4 5,638.4 6,211.9 7,414.3 8,660.7 1,839.4 1,802.2
Current Liabilities
Account Payables 25.6 17.8 17.6 15.1 20.2 15.1 28.3 29.2 3.5 0
Short-Term Debt 0 0 913.5 0.4 905.1 535.2 1,099.2 193.2 0 0
Deferred Revenue 9.7 7.9 7.2 0 7.7 9.1 16.7 0 0.5 1.7
Other Current Liabilities 0 0 (917.0) (79.1) (905.1) (534.9) (1,098.9) 803.5 0 61.6
Total Current Liabilities 144.6 157.8 174.9 79.2 170.8 119.1 191.8 1,173.0 42.0 64.2
Non-Current Liabilities
Long-Term Debt 2,469.9 2,491.5 2,715.6 3,164.4 3,944.2 4,103.0 4,951.4 5,594.2 389.7 502.4
Deferred Tax Liabilities 0 0 0 26.2 34.6 32.6 31.5 0 0 0
Other Non-Current Liabilities 1.2 4.2 6.4 (20.7) (27.7) (32.6) (4.0) 38.9 37.6 0
Total Non-Current Liabilities 2,491.9 2,519.9 2,744.9 3,195.9 3,976.3 4,134.2 5,021.2 5,633.1 427.3 502.4
Total Liabilities 2,636.4 2,677.7 2,919.8 3,361.4 4,147.1 4,253.3 5,213.0 5,815.5 431.8 566.6
Stockholders' Equity
Common Stock 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 0 1,225.9
Retained Earnings (1,926.2) (1,812.1) (1,586.3) (1,466.6) (1,410.6) (1,234.2) (819.7) (193.3) 258.8 0
Accumulated Other Comprehensive Income 0 (6.3) (2.6) (0.7) 8.8 54.6 28.3 (0.4) 0 0
Total Stockholders' Equity 938.4 1,048.2 1,277.3 1,387.8 1,455.3 1,665.7 2,119.0 2,706.9 1,079.8 1,225.9
Total Liabilities & Equity 3,564.8 3,723.5 4,198.3 4,750.4 5,638.4 6,211.9 7,414.3 8,660.7 1,839.4 1,802.2
Debt Metrics
Total Debt 2,490.6 2,515.6 3,655.5 3,190.4 4,874.5 4,660.4 6,076.1 5,594.2 389.7 502.4
Net Debt 2,423.8 2,213.4 3,398.0 2,884.1 4,614.8 4,185.6 6,006.5 5,516.9 364.5 488.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income (38.8) (135.5) (15.6) 46.8 (104.6) (375.6) (462.6) (177.4) 127.9 109.0
Depreciation & Amortization 39.2 33.6 33.6 34.6 36.5 59.9 103.3 91.0 9.1 0.1
Stock-Based Compensation 12.8 11.6 14.1 7.9 14.0 4.4 10.8 7.1 0 0
Change in Working Capital (10.1) 0.7 (1.4) (2.7) (19.9) 3.1 (23.4) 3.7 (8.4) 1.0
Other Non-Cash Items 92.2 194.1 108.1 40.8 52.8 404.8 513.8 147.9 (23.3) (21.6)
Operating Cash Flow 73.0 103.4 137.6 125.3 (21.3) 96.4 137.2 100.7 107.0 88.5
Investing Activities
Capital Expenditure 0 0 0 0 0 0 0 0 (0.3) (0.1)
Acquisitions 0 0 0 38.1 0 0 67.4 0 6.2 (21.4)
Purchases of Investments 0 0 0 0 0 0 0 (114.2) 0 0
Sales/Maturities of Investments 0 0 2.2 36.2 227.0 108.4 68.7 0 0 0
Other Investing Activities (419.9) 313.1 382 15.1 (782.8) 894.4 (552.1) (353.5) 433.4 220.9
Investing Cash Flow (419.9) 313.1 384.2 89.3 (555.8) 1,002.7 (416.0) (467.7) 439.3 199.4
Financing Activities
Net Debt Issuance 175.3 (204.7) (445.7) (15.8) 701.6 (862.2) 530.1 713.4 (271.4) (328.4)
Stock Repurchased (14.8) (11.2) (2.9) (45.0) (2.6) (1.7) (1.6) (0.7) 0 0
Dividends Paid (83) (99.1) (104.0) (99.4) (51.9) (51.7) (217.7) (185.3) (299.3) (122.1)
Other Financing Activities (8.6) (13.0) (6.1) (1.3) (262.8) 161.6 (24.0) (39.9) 19.1 130.9
Financing Cash Flow 68.9 (327.9) (558.6) (161.5) 384.4 (754.1) 286.8 487.5 (551.7) (319.7)
Cash Position
Net Change in Cash (276.9) 88.6 (36.7) 52.3 (193.5) 344.3 8.2 120.4 (5.4) (31.8)
Cash at Beginning 450.7 362.1 398.8 346.6 540.0 195.7 187.5 67.1 72.5 104.3
Cash at End 173.8 450.7 362.1 398.8 346.6 540.0 195.7 187.5 67.1 72.5
Free Cash Flow 73.0 103.4 137.6 125.3 (21.3) 96.4 137.2 100.7 107.0 88.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Income Statement
Revenue 331.6 347.2 392.1 358.5 323.1 424.3 549.3 473.4 164.0 141.7 112.7
Gross Profit 164.6 159.4 192.2 193.1 191.9 212.4 238.8 220.3 135.0 114.7 110.7
Operating Income 130.9 (51.8) 11.8 46.7 99.6 19.6 (157.0) (50.8) 131.9 120.6 94.7
Net Income (31.1) (132.0) (15.5) 45.8 (101.0) (353.3) (414.5) (168.5) 88.5 76.1 80.6
EPS (Diluted) -0.26 -1.05 -0.12 0.34 -0.79 -2.75 -3.25 -1.41 0.78 0.59 0.63
Balance Sheet
Cash & Equivalents 66.8 302.2 257.5 306.3 259.7 474.8 69.6 77.3 25.2 14.0
Total Assets 3,564.8 3,723.5 4,198.3 4,750.4 5,638.4 6,211.9 7,414.3 8,660.7 1,839.4 1,802.2
Total Debt 2,490.6 2,515.6 3,655.5 3,190.4 4,874.5 4,660.4 6,076.1 5,594.2 389.7 502.4
Stockholders' Equity 938.4 1,048.2 1,277.3 1,387.8 1,455.3 1,665.7 2,119.0 2,706.9 1,079.8 1,225.9
Cash Flow
Operating Cash Flow 73.0 103.4 137.6 125.3 (21.3) 96.4 137.2 100.7 107.0 88.5
Capital Expenditure 0 0 0 0 0 0 0 0 (0.3) (0.1)
Free Cash Flow 73.0 103.4 137.6 125.3 (21.3) 96.4 137.2 100.7 107.0 88.5