Franklin Bsp Rlty Tr Inc Financials
Franklin Bsp Rlty Tr Inc (FBRT) reported $270.1M in revenue for fiscal year 2025, up 20.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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).
Cash collection and funding costs, not simple revenue growth, drive this asset-heavy, liability-funded business.
FY2025 shows a sharp earnings-quality rebound: operating cash flow rose to$291.9M while net income was only$84.1M . In FY2024, cash flow had been just$57.2M , so the latest year was funded far more by cash actually arriving than by accounting profit, which matters when dividends consumed$145.6M .
The balance sheet remains liability-funded, with assets near
Revenue in FY2025 returned to about the FY2023 level, but asset efficiency did not: ROA was only
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 Franklin Bsp Rlty Tr 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.
Not available for Franklin Bsp Rlty Tr Inc, and counted as zero in the overall score.
Not available for Franklin Bsp Rlty Tr Inc, and counted as zero in the overall score.
Franklin Bsp Rlty Tr Inc passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Franklin Bsp Rlty Tr Inc generates $3.47 in operating cash flow ($291.9M OCF vs $84.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Franklin Bsp Rlty Tr Inc generated $270.1M in revenue in fiscal year 2025. This represents an increase of 20.9% from the prior year.
Franklin Bsp Rlty Tr Inc reported $84.1M in net income in fiscal year 2025. This represents a decrease of 9.0% from the prior year.
Franklin Bsp Rlty Tr Inc earned $0.64 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 22.0% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Franklin Bsp Rlty Tr Inc held $167.3M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Franklin Bsp Rlty Tr Inc paid $1.42 per share in dividends in fiscal year 2025. That is unchanged from the prior year.
Not reported for fiscal year 2025.
Margins & Returns
Franklin Bsp Rlty Tr Inc's net profit margin was 31.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 10.2 percentage points from the prior year.
Franklin Bsp Rlty Tr Inc's ROE was 5.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.3 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Franklin Bsp Rlty Tr Inc spent $14.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 195.2% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
FBRT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $305.4M | $270.1M+20.9% | $223.4M-16.9% | $268.7M+29.9% | $206.8M+25.0% | $165.5M+40.7% | $117.6M+8.9% | $108.0M+31.3% | $82.3M+43.8% | $57.2M+1.7% | $56.2M+19.3% | $47.1M+255.1% | $13.3M+1686.0% | $743K |
| SG&A Expenses | $10.5M | $13.3M+37.5% | $9.7M-32.8% | $14.4M+11.7% | $12.9M+68.8% | $7.7M-41.6% | $13.1M-19.8% | $16.4M+21.7% | $13.4M+98.8% | $6.8M | N/A | N/A | N/A | N/A |
| Interest Expense | $114.6M | $142.0M-24.3% | $187.6M-38.6% | $305.6M+90.4% | $160.5M+185.7% | $56.2M-15.6% | $66.6M-26.4% | $90.4M+29.2% | $70.0M+116.3% | $32.4M+39.7% | $23.2M+88.9% | $12.3M+458.7% | $2.2M+6762.5% | $32K |
| Income Tax | $1.4M | $3.9M+246.8% | $1.1M+140.6% | -$2.8M-591.0% | -$399K-111.1% | $3.6M+274.5% | -$2.1M-146.0% | $4.5M+5574.7% | $79K-64.9% | $225K | $0 | $0-100.0% | $209K | $0 |
| Net Income | $64.4M | $84.1M-9.0% | $92.4M-36.1% | $144.5M+916.6% | $14.2M-44.7% | $25.7M-53.1% | $54.7M-34.8% | $83.9M+58.9% | $52.8M+56.4% | $33.8M+12.6% | $30.0M+20.3% | $24.9M+360.4% | $5.4M+5208.8% | $102K |
| EPS (Diluted) | — | $0.64-22.0% | $0.82-42.3% | $1.42+473.7% | -$0.38 | -$0.18-120.0% | $0.90-43.8% | $1.60+11.1% | $1.44+35.8% | $1.06+11.6% | $0.95-7.8% | $1.03 | $0.75 | $0.19 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
FBRT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.1B+0.9% | $6.0B+0.8% | $6.0B-4.0% | $6.2B-34.5% | $9.5B+197.0% | $3.2B-9.9% | $3.5B+35.9% | $2.6B+64.6% | $1.6B+26.9% | $1.2B-2.7% | $1.3B+149.4% | $514.2M+1313.9% | $36.4M |
| Cash & Equivalents | $167.3M-9.3% | $184.4M-45.4% | $337.6M+88.3% | $179.3M+15.7% | $154.9M+88.8% | $82.1M-5.9% | $87.2M-54.4% | $191.4M+128.6% | $83.7M-29.1% | $118.0M+697.2% | $14.8M+3736.0% | $386K+116.9% | $178K |
| Goodwill | $92.0M | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $4.4B+1.0% | $4.4B+2.6% | $4.3B-5.5% | $4.5B-40.9% | $7.7B+251.3% | $2.2B-13.2% | $2.5B+45.6% | $1.7B+77.4% | $973.3M+58.4% | $614.5M-2.2% | $628.2M+241.9% | $183.7M+1674.7% | $10.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $7.3M |
| Total Equity | $1.4B-4.7% | $1.5B-3.0% | $1.6B-0.2% | $1.6B-8.4% | $1.7B+113.6% | $798.4M-2.2% | $816.8M+11.4% | $733.2M+20.1% | $610.3M-3.7% | $633.6M-3.2% | $654.3M+98.0% | $330.5M+1170.3% | $26.0M |
| Retained Earnings | -$411.1M-18.1% | -$348.1M-16.4% | -$298.9M+0.1% | -$299.2M-79.0% | -$167.2M-57.0% | -$106.5M-23.8% | -$86.0M+8.8% | -$94.3M-0.2% | -$94.1M-33.1% | -$70.7M-100.1% | -$35.3M-245.8% | -$10.2M-1588.6% | -$605K |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities.
FBRT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $158.1M | $291.9M+410.1% | $57.2M-71.0% | $197.4M+29.4% | $152.5M+4.1% | $146.5M+27.0% | $115.3M+154.2% | $45.4M+539.2% | $7.1M-15.0% | $8.4M-76.1% | $35.0M+37.7% | $25.4M+847.2% | $2.7M+246.0% | $776K |
| Investing Cash Flow | -$133.4M | $380.8M+344.9% | -$155.5M-140.8% | $380.8M-87.7% | $3.1B+189.8% | $1.1B+344.0% | $240.7M+124.8% | -$969.2M-13.3% | -$855.8M-157.2% | -$332.8M-338.7% | $139.4M+118.6% | -$749.8M-59.0% | -$471.6M-1219.1% | -$35.8M |
| Financing Cash Flow | -$292.6M | -$684.4M-1308.8% | -$48.6M+88.6% | -$425.0M+86.8% | -$3.2B-183.3% | -$1.1B-205.4% | -$373.0M-145.0% | $828.6M-13.8% | $961.4M+228.1% | $293.0M+509.6% | -$71.5M-109.7% | $738.8M+57.5% | $469.2M+1234.5% | $35.2M |
| Dividends Paid | $130.1M | $145.6M+0.5% | $144.9M+0.4% | $144.3M+3.5% | $139.4M+105.2% | $68.0M+36.5% | $49.8M-17.9% | $60.6M+64.0% | $37.0M-4.8% | $38.8M-3.5% | $40.3M+49.4% | $26.9M+255.0% | $7.6M+2554.5% | $286K |
| Share Buybacks | $70.2M | $14.4M+195.2% | $4.9M-61.1% | $12.5M-24.6% | $16.6M+45.2% | $11.4M+11.3% | $10.3M-25.7% | $13.8M-8.4% | $15.1M-26.6% | $20.5M+8.3% | $19.0M+642.3% | $2.6M+450.6% | $464K+1225.7% | $35K |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
FBRT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 31.1%-10.2pp | 41.4%-12.4pp | 53.8%+46.9pp | 6.9%-8.7pp | 15.5%-31.0pp | 46.6%-31.1pp | 77.7%+13.5pp | 64.2%+5.1pp | 59.1%+5.7pp | 53.3%+0.4pp | 52.9%+12.1pp | 40.8%+27.1pp | 13.7% |
| Return on Equity | 5.8%-0.3pp | 6.1%-3.2pp | 9.3%+8.4pp | 0.9%-0.6pp | 1.5%-5.3pp | 6.9%-3.4pp | 10.3%+3.1pp | 7.2%+1.7pp | 5.5%+0.8pp | 4.7%+0.9pp | 3.8%+2.2pp | 1.6%+1.3pp | 0.4% |
| Return on Assets | 1.4%-0.2pp | 1.5%-0.9pp | 2.4%+2.2pp | 0.2%0.0pp | 0.3%-1.4pp | 1.7%-0.6pp | 2.4%+0.3pp | 2.0%-0.1pp | 2.1%-0.3pp | 2.4%+0.5pp | 1.9%+0.9pp | 1.1%+0.8pp | 0.3% |
| Debt-to-Equity | 3.08+0.2x | 2.90+0.2x | 2.74-0.2x | 2.90-1.6x | 4.49+1.8x | 2.73-0.3x | 3.08+0.7x | 2.36+0.8x | 1.59+0.6x | 0.970.0x | 0.96+1.0x | 0.00-0.3x | 0.28 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
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Where Franklin Bsp Rlty Tr Inc Ranks
Frequently Asked Questions
What is Franklin Bsp Rlty Tr Inc's annual revenue?
Franklin Bsp Rlty Tr Inc (FBRT) reported $270.1M in total revenue for fiscal year 2025. This represents a 20.9% 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 Franklin Bsp Rlty Tr Inc's revenue growing?
Franklin Bsp Rlty Tr Inc (FBRT) revenue grew by 20.9% year-over-year, from $223.4M to $270.1M in fiscal year 2025.
Is Franklin Bsp Rlty Tr Inc profitable?
Yes, Franklin Bsp Rlty Tr Inc (FBRT) reported a net income of $84.1M in fiscal year 2025, with a net profit margin of 31.1%.
What is Franklin Bsp Rlty Tr Inc's net profit margin?
Franklin Bsp Rlty Tr Inc (FBRT) had a net profit margin of 31.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Franklin Bsp Rlty Tr Inc pay dividends?
Yes, Franklin Bsp Rlty Tr Inc (FBRT) paid $1.42 per share in dividends during fiscal year 2025.
What is Franklin Bsp Rlty Tr Inc's return on equity (ROE)?
Franklin Bsp Rlty Tr Inc (FBRT) has a return on equity of 5.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Franklin Bsp Rlty Tr Inc's operating cash flow?
Franklin Bsp Rlty Tr Inc (FBRT) generated $291.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Franklin Bsp Rlty Tr Inc's total assets?
Franklin Bsp Rlty Tr Inc (FBRT) had $6.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Franklin Bsp Rlty Tr Inc's debt-to-equity ratio?
Franklin Bsp Rlty Tr Inc (FBRT) had a debt-to-equity ratio of 3.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Franklin Bsp Rlty Tr Inc's return on assets (ROA)?
Franklin Bsp Rlty Tr Inc (FBRT) had a return on assets of 1.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Franklin Bsp Rlty Tr Inc's Piotroski F-Score?
Franklin Bsp Rlty Tr Inc (FBRT) has a Piotroski F-Score of 5 out of 6 computable signals; 3 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 Franklin Bsp Rlty Tr Inc's earnings high quality?
Franklin Bsp Rlty Tr Inc (FBRT) has an earnings quality ratio of 3.47x, 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.
How financially healthy is Franklin Bsp Rlty Tr Inc?
Franklin Bsp Rlty Tr Inc (FBRT) scores 26 out of 100 on our Financial Health Score, indicating weak 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.