Saul Ctrs Inc Financials
This page shows Saul Ctrs Inc (BFS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Debt-funded asset growth is outrunning cash generation, so higher interest costs are absorbing more of each added revenue dollar.
Revenue growth did not translate into higher owner earnings: sales reached$289.8M , but net income fell to$37.5M . The missing piece is interest expense, which has risen faster than operating profit over the last two years, while operating cash flow also drifted lower; the added asset base is leaving less for common equity than the revenue line suggests.
Dividend coverage looks weak against earnings but stronger against cash: dividends paid were
Leverage has become heavier even as the company keeps adding assets: debt to equity reached 1.5x and book equity fell to
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Saul Ctrs Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Saul Ctrs Inc passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Saul Ctrs Inc generates $2.66 in operating cash flow ($99.8M OCF vs $37.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Saul Ctrs Inc earns $2.8 in operating income for every $1 of interest expense ($195.3M vs $70.7M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Saul Ctrs Inc generated $289.8M in revenue in fiscal year 2025. This represents an increase of 7.8% from the prior year.
Saul Ctrs Inc's EBITDA was $254.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.1% from the prior year.
Saul Ctrs Inc reported $37.5M in net income in fiscal year 2025. This represents a decrease of 25.9% from the prior year.
Saul Ctrs Inc earned $1.09 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 33.1% from the prior year.
Cash & Balance Sheet
Saul Ctrs Inc held $8.7M in cash against $468.4M in long-term debt as of fiscal year 2025.
Saul Ctrs Inc paid $2.36 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Saul Ctrs Inc had 25M shares outstanding in fiscal year 2025. This represents an increase of 1.0% from the prior year.
Margins & Returns
Saul Ctrs Inc's operating margin was 67.4% in fiscal year 2025, reflecting core business profitability. This is down 8.4 percentage points from the prior year.
Saul Ctrs Inc's net profit margin was 12.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.9 percentage points from the prior year.
Saul Ctrs Inc's ROE was 12.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.9 percentage points from the prior year.
Capital Allocation
BFS Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $78.3M+4.1% | $75.1M+4.4% | $72.0M+1.7% | $70.8M-1.4% | $71.9M+5.8% | $67.9M+0.9% | $67.3M+0.5% | $66.9M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | $17.7M+2.7% | $17.3M |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | $49.6M-0.2% | $49.7M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $6.4M-17.8% | $7.8M+17.9% | $6.7M+3.8% | $6.4M+6.7% | $6.0M-19.8% | $7.5M+32.0% | $5.7M-6.9% | $6.1M |
| Operating Income | $51.6M+5.2% | $49.1M-1.3% | $49.8M+2.3% | $48.7M+1.8% | $47.8M-15.1% | $56.3M+15.0% | $49.0M-2.5% | $50.2M |
| Interest Expense | $19.7M-1.1% | $20.0M+16.6% | $17.1M+1.5% | $16.9M+0.4% | $16.8M-0.1% | $16.8M+37.2% | $12.3M-0.4% | $12.3M |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $9.1M+40.2% | $6.5M-38.0% | $10.5M-2.2% | $10.7M+9.4% | $9.8M+21.1% | $8.1M-44.1% | $14.5M+0.2% | $14.4M |
| EPS (Diluted) | $0.26 | N/A | $0.32-3.0% | $0.33+13.8% | $0.29 | N/A | $0.480.0% | $0.48 |
BFS Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.2B-0.3% | $2.2B-0.2% | $2.2B+1.3% | $2.1B+0.4% | $2.1B+0.2% | $2.1B+0.6% | $2.1B+2.0% | $2.1B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $9.3M+6.7% | $8.7M-25.8% | $11.8M+122.3% | $5.3M-18.3% | $6.5M-37.0% | $10.3M+43.1% | $7.2M+4.9% | $6.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $61.3M+0.7% | $60.8M+3.1% | $59.0M+12.1% | $52.6M+3.8% | $50.7M-0.5% | $50.9M-14.8% | $59.8M+12.2% | $53.3M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.7B-0.1% | $1.7B+0.2% | $1.7B+1.9% | $1.7B+0.7% | $1.6B+0.9% | $1.6B+1.3% | $1.6B+2.9% | $1.6B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $1.6B+241.0% | $468.4M-70.5% | $1.6B+1.5% | $1.6B+1.3% | $1.5B+238.9% | $455.8M-69.5% | $1.5B+3.5% | $1.4B |
| Total Equity | $301.9M-1.9% | $307.8M-2.8% | $316.6M-1.8% | $322.4M-1.8% | $328.4M-2.2% | $335.8M-1.8% | $341.8M-1.1% | $345.7M |
| Retained Earnings | -$345.9M-2.4% | -$337.7M-3.3% | -$327.0M-2.1% | -$320.3M-2.0% | -$313.9M-2.4% | -$306.5M-3.0% | -$297.5M-0.9% | -$294.9M |
BFS Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $29.3M+32.0% | $22.2M+7.5% | $20.6M-22.5% | $26.6M-12.4% | $30.4M+5.6% | $28.8M+8.6% | $26.5M-17.6% | $32.1M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | $54.8M+22.8% | $44.6M |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | -$28.3M-126.7% | -$12.5M |
| Investing Cash Flow | -$7.0M+67.7% | -$21.7M-11.1% | -$19.5M+35.0% | -$30.1M-22.9% | -$24.5M+44.0% | -$43.7M+20.2% | -$54.8M-22.8% | -$44.6M |
| Financing Cash Flow | -$21.7M-514.7% | -$3.5M-165.4% | $5.4M+135.5% | $2.3M+123.6% | -$9.7M-153.7% | $18.0M-37.0% | $28.7M+133.4% | $12.3M |
| Dividends Paid | $14.3M+0.2% | $14.3M0.0% | $14.3M0.0% | $14.3M+0.3% | $14.3M0.0% | $14.3M+0.3% | $14.2M0.0% | $14.2M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
BFS Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | 73.7%-0.6pp | 74.2% |
| Operating Margin | 66.0%+0.6pp | 65.4%-3.8pp | 69.1%+0.4pp | 68.7%+2.2pp | 66.5%-16.4pp | 82.9%+10.1pp | 72.8%-2.2pp | 75.0% |
| Net Margin | 11.7%+3.0pp | 8.6%-5.9pp | 14.6%-0.6pp | 15.1%+1.5pp | 13.6%+1.7pp | 11.9%-9.6pp | 21.5%-0.1pp | 21.6% |
| Return on Equity | 3.0%+0.9pp | 2.1%-1.2pp | 3.3%-0.0pp | 3.3%+0.4pp | 3.0%+0.6pp | 2.4%-1.8pp | 4.2%+0.1pp | 4.2% |
| Return on Assets | 0.4%+0.1pp | 0.3%-0.2pp | 0.5%-0.0pp | 0.5%+0.0pp | 0.5%+0.1pp | 0.4%-0.3pp | 0.7%-0.0pp | 0.7% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 5.29+3.8 | 1.52-3.5 | 5.02+0.2 | 4.85+0.1 | 4.70+3.3 | 1.36-3.0 | 4.37+0.2 | 4.17 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | -42.1%-23.4pp | -18.7% |
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Frequently Asked Questions
What is Saul Ctrs Inc's annual revenue?
Saul Ctrs Inc (BFS) reported $289.8M in total revenue for fiscal year 2025. This represents a 7.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Saul Ctrs Inc's revenue growing?
Saul Ctrs Inc (BFS) revenue grew by 7.8% year-over-year, from $268.8M to $289.8M in fiscal year 2025.
Is Saul Ctrs Inc profitable?
Yes, Saul Ctrs Inc (BFS) reported a net income of $37.5M in fiscal year 2025, with a net profit margin of 12.9%.
What is Saul Ctrs Inc's EBITDA?
Saul Ctrs Inc (BFS) had EBITDA of $254.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Saul Ctrs Inc have?
As of fiscal year 2025, Saul Ctrs Inc (BFS) had $8.7M in cash and equivalents against $468.4M in long-term debt.
What is Saul Ctrs Inc's operating margin?
Saul Ctrs Inc (BFS) had an operating margin of 67.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Saul Ctrs Inc's net profit margin?
Saul Ctrs Inc (BFS) had a net profit margin of 12.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Saul Ctrs Inc pay dividends?
Yes, Saul Ctrs Inc (BFS) paid $2.36 per share in dividends during fiscal year 2025.
What is Saul Ctrs Inc's return on equity (ROE)?
Saul Ctrs Inc (BFS) has a return on equity of 12.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Saul Ctrs Inc's operating cash flow?
Saul Ctrs Inc (BFS) generated $99.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Saul Ctrs Inc's total assets?
Saul Ctrs Inc (BFS) had $2.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Saul Ctrs Inc's debt-to-equity ratio?
Saul Ctrs Inc (BFS) had a debt-to-equity ratio of 1.52 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Saul Ctrs Inc's return on assets (ROA)?
Saul Ctrs Inc (BFS) had a return on assets of 1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Saul Ctrs Inc's Piotroski F-Score?
Saul Ctrs Inc (BFS) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Saul Ctrs Inc's earnings high quality?
Saul Ctrs Inc (BFS) has an earnings quality ratio of 2.66x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Saul Ctrs Inc cover its interest payments?
Saul Ctrs Inc (BFS) has an interest coverage ratio of 2.8x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Saul Ctrs Inc?
Saul Ctrs Inc (BFS) scores 59 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.