Stocks · Real estate · Real Estate Investment Trusts

BrightSpire Capital, Inc.

BRSP Clue Score35
United States Fiscal year ends December CIK 0001717547
$3.81 -2.31% Close, 9 Oct 2026
Price $3.81 −61.00% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 1 Feb 2018. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue158.3Net income76.1Fiscal year 2017Revenue189.5 +19.7%Net income88.5 +16.4%Fiscal year 2018Revenue500.8 +164.3%Net income−168.5 −290.4%Fiscal year 2019Revenue588.6 +17.5%Net income−414.5EPS, diluted−3.25Fiscal year 2020Revenue291.0 −50.6%Net income−353.3EPS, diluted−2.75Fiscal year 2021Revenue194.3 −33.2%Net income−101.0EPS, diluted−0.79Fiscal year 2022Revenue364.6 +87.7%Net income45.8EPS, diluted0.34Fiscal year 2023Revenue415.1 +13.8%Net income−15.5 −134.0%EPS, diluted−0.12 −135.3%Fiscal year 2024Revenue358.8 −13.6%Net income−132.0EPS, diluted−1.05Fiscal year 2025Revenue330.6 −7.9%Net income−31.1EPS, diluted−0.26
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 158.3 189.5 500.8 588.6 291.0 194.3 364.6 415.1 358.8 330.6
Growth +19.7% +164.3% +17.5% −50.6% −33.2% +87.7% +13.8% −13.6% −7.9%
Net income 76.1 88.5 −168.5 −414.5 −353.3 −101.0 45.8 −15.5 −132.0 −31.1
Growth +16.4% −290.4% −134.0%
EPS, diluted n/a n/a n/a −3.25 −2.75 −0.79 0.34 −0.12 −1.05 −0.26
Growth −135.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin48.1%Fiscal year 2017Net margin46.7%Fiscal year 2018Net margin−33.6%Fiscal year 2019Net margin−70.4%Fiscal year 2020Net margin−121.4%Fiscal year 2021Net margin−52.0%Fiscal year 2022Net margin12.6%Fiscal year 2023Net margin−3.7%Fiscal year 2024Net margin−36.8%Fiscal year 2025Net margin−9.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 48.1% 46.7% −33.6% −70.4% −121.4% −52.0% 12.6% −3.7% −36.8% −9.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow88.5Dividends paid0.0Fiscal year 2017Operating cash flow107.0Dividends paid0.0Fiscal year 2018Operating cash flow100.7Dividends paid−185.3Fiscal year 2019Operating cash flow137.2Dividends paid−217.7Fiscal year 2020Operating cash flow96.4Buybacks0.0Dividends paid−51.7Fiscal year 2021Operating cash flow−21.3Buybacks0.0Dividends paid−51.9Fiscal year 2022Operating cash flow125.3Buybacks−18.3Dividends paid−99.4Fiscal year 2023Operating cash flow137.6Buybacks0.0Dividends paid−104.0Fiscal year 2024Operating cash flow103.4Buybacks−6.6Dividends paid−99.1Fiscal year 2025Operating cash flow73.0Buybacks−10.9Dividends paid−83.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 88.5 107.0 100.7 137.2 96.4 −21.3 125.3 137.6 103.4 73.0
Buybacks n/a n/a n/a n/a 0.0 0.0 −18.3 0.0 −6.6 −10.9
Dividends paid 0.0 0.0 −185.3 −217.7 −51.7 −51.9 −99.4 −104.0 −99.1 −83.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash14.0Shareholders’ equity1,235.6Fiscal year 2017Cash25.2Total debt389.7Net cash (debt)−364.5Shareholders’ equity1,079.8Debt to equity0.36Fiscal year 2018Cash77.3Total debt2,620.3Net cash (debt)−2,543.0Shareholders’ equity2,706.9Debt to equity0.97Fiscal year 2019Cash69.6Total debt3,188.5Net cash (debt)−3,118.9Shareholders’ equity2,119.0Debt to equity1.50Fiscal year 2020Cash474.8Total debt2,393.1Net cash (debt)−1,918.3Shareholders’ equity1,665.7Debt to equity1.44Fiscal year 2021Cash259.7Total debt3,166.6Net cash (debt)−2,906.9Shareholders’ equity1,455.3Debt to equity2.18Fiscal year 2022Cash306.3Total debt3,164.1Net cash (debt)−2,857.7Shareholders’ equity1,387.8Debt to equity2.28Fiscal year 2023Cash257.5Total debt2,715.6Net cash (debt)−2,458.1Shareholders’ equity1,277.3Debt to equity2.13Fiscal year 2024Cash302.2Total debt2,491.3Net cash (debt)−2,189.1Shareholders’ equity1,048.2Debt to equity2.38Fiscal year 2025Cash66.8Total debt2,469.2Net cash (debt)−2,402.5Shareholders’ equity938.4Debt to equity2.63
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 14.0 25.2 77.3 69.6 474.8 259.7 306.3 257.5 302.2 66.8
Total debt n/a 389.7 2,620.3 3,188.5 2,393.1 3,166.6 3,164.1 2,715.6 2,491.3 2,469.2
Net cash (debt) n/a −364.5 −2,543.0 −3,118.9 −1,918.3 −2,906.9 −2,857.7 −2,458.1 −2,189.1 −2,402.5
Shareholders’ equity 1,235.6 1,079.8 2,706.9 2,119.0 1,665.7 1,455.3 1,387.8 1,277.3 1,048.2 938.4
Debt to equity n/a 0.36 0.97 1.50 1.44 2.18 2.28 2.13 2.38 2.63

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
158.3 189.5 500.8 588.6 291.0 194.3 364.6 415.1 358.8 330.6
Growth +19.7% +164.3% +17.5% −50.6% −33.2% +87.7% +13.8% −13.6% −7.9%
15.4 12.7 26.6 31.9 26.6 50.0 n/a n/a n/a n/a
94.5 105.4 −164.1 −496.4 −251.3 32.8 49.2 −23.6 −134.5 −60.3
1.5 2.2 37.1 3.2 −10.9 6.3 2.4 1.1 1.1 −21.5
76.1 88.5 −168.5 −414.5 −353.3 −101.0 45.8 −15.5 −132.0 −31.1
Growth +16.4% −290.4% −134.0%
Per share
n/a n/a n/a −3.25 −2.75 −0.79 0.35 −0.12 −1.05 −0.26
n/a n/a n/a −3.25 −2.75 −0.79 0.34 −0.12 −1.05 −0.26
Growth −135.3%
n/a n/a n/a 128.4 128.5 128.5 127.3 127.1 127.4 126.9
n/a n/a n/a 128.4 128.5 128.5 129.3 127.1 127.4 126.9
Growth +0.1% −0.0% +0.6% −1.7% +0.3% −0.4%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 2.6% a year over five years.
  • The diluted share count fell 1.3% in five years, so buybacks did some of the work per share.
  • A net loss in 7 of 10 years on file.