Saul Centers, Inc. (BFS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 78.26M | 75.15M | 72M | 70.83M | 71.86M | 67.92M | 67.29M | 66.94M | 66.69M | 67.06M | 63.77M | 63.71M | 63.05M | 62.34M | 61.09M | 60.29M | 62.14M | 60.24M | 60.26M | 60M |
| Revenue Growth % | 8.91% | 10.64% | 7.01% | 5.81% | 7.74% | 1.29% | 5.52% | 5.08% | 5.78% | 7.57% | 4.39% | 5.67% | 1.46% | 3.48% | 1.38% | 0.48% | 5.82% | 3.36% | 6.16% | 12.75% |
| Property Operating Expenses | 24.2M | 23.14M | 8.15M | 19.44M | 21.73M | 18.9M | 17.73M | 17.26M | 18.17M | 29.25M | 17.36M | 16.45M | 16.28M | 16.7M | 16.07M | 14.8M | 16.96M | 15.09M | 15.36M | 14.66M |
| Net Operating Income (NOI) | 54.06M | 52.01M | 63.85M | 51.39M | 50.13M | 49.03M | 49.56M | 49.68M | 48.52M | 37.81M | 46.41M | 47.26M | 46.77M | 45.64M | 45.01M | 45.5M | 45.19M | 45.15M | 44.89M | 45.34M |
| NOI Margin % | 69.07% | 69.21% | 88.68% | 72.56% | 69.76% | 72.18% | 73.65% | 74.21% | 72.76% | 56.38% | 72.77% | 74.18% | 74.18% | 73.22% | 73.69% | 75.46% | 72.72% | 74.96% | 74.5% | 75.56% |
| Operating Expenses | 42.01M | 23.9M | 6.66M | 20.51M | 20.54M | 21.9M | 29.96M | 18.1M | 17.81M | 7.71M | 29.69M | 5.68M | 5.27M | 30.25M | 29.5M | 5.67M | 4.77M | 6.02M | 28.01M | 4.93M |
| G&A Expenses | 6.45M | 7.85M | 6.66M | 6.42M | 6.01M | 7.5M | 5.68M | 6.1M | 5.78M | 7.33M | 5.18M | 5.68M | 5.27M | 6.4M | 5.55M | 5.67M | 4.77M | 6.02M | 4.63M | 4.93M |
| EBITDA | 27.96M | 44.17M | 71.3M | 44.98M | 44.12M | 41.53M | 31.66M | 43.58M | 42.74M | 42.3M | 28.81M | 52.59M | 52.52M | 27.46M | 27.71M | 51.21M | 51.65M | 50.45M | 29.35M | 51.85M |
| EBITDA Margin % | 35.73% | 58.77% | 99.02% | 63.5% | 61.4% | 61.14% | 47.06% | 65.1% | 64.09% | 63.08% | 45.18% | 82.55% | 83.3% | 44.05% | 45.36% | 84.93% | 83.11% | 83.76% | 48.71% | 86.41% |
| Depreciation & Amortization | 15.92M | 16.06M | 14.11M | 14.1M | 14.52M | 14.4M | 12.07M | 12M | 12.03M | 12.2M | 12.1M | 11.01M | 11.02M | 12.07M | 12.2M | 11.38M | 11.23M | 11.32M | 12.47M | 11.44M |
| D&A / Revenue % | 20.34% | 21.37% | 19.59% | 19.9% | 20.21% | 21.2% | 17.94% | 17.93% | 18.04% | 18.2% | 18.97% | 17.29% | 17.47% | 19.36% | 19.96% | 18.87% | 18.07% | 18.79% | 20.69% | 19.06% |
| Operating Income | 12.04M | 28.11M | 57.19M | 30.88M | 29.59M | 27.13M | 19.59M | 31.58M | 30.71M | 30.1M | 16.71M | 41.58M | 41.5M | 15.39M | 15.51M | 39.83M | 40.42M | 39.13M | 16.89M | 40.41M |
| Operating Margin % | 15.39% | 37.4% | 79.43% | 43.6% | 41.19% | 39.94% | 29.12% | 47.17% | 46.05% | 44.88% | 26.21% | 65.27% | 65.82% | 24.69% | 25.39% | 66.06% | 65.04% | 64.97% | 28.02% | 67.35% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 |
| Interest Coverage | 0.61x | 1.37x | 1.61x | 1.87x | 1.73x | 1.62x | 2.56x | 2.66x | - | - | - | - | - | - | - | - | - | 2.46x | - | - |
| Non-Operating Income | 0 | 816K | 29.64M | 471K | 581K | 0 | -11.68M | 363K | 0 | 0 | -11.92M | 12.11M | 12.02M | -11.28M | -10.63M | 12.38M | 12.33M | 12.42M | -10.49M | 12.64M |
| Pretax Income | 12.04M | 8.19M | 10.49M | 14.18M | 12.85M | 10.36M | 19.59M | 19.49M | 18.26M | 17.46M | 16.71M | 17.19M | 17.66M | 15.39M | 15.51M | 17M | 17.49M | 15.85M | 16.89M | 16.12M |
| Pretax Margin % | 15.39% | 10.9% | 14.57% | 20.02% | 17.88% | 15.25% | 29.12% | 29.11% | 27.38% | 26.04% | 26.21% | 26.98% | 28.01% | 24.69% | 25.39% | 28.19% | 28.15% | 26.31% | 28.02% | 26.86% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 9.12M | 6.5M | 10.49M | 10.72M | 9.8M | 8.09M | 14.48M | 14.45M | 13.63M | 13.21M | 12.82M | 13.16M | 13.5M | 11.86M | 11.95M | 13.02M | 13.37M | 12.24M | 13.14M | 12.75M |
| Net Margin % | 11.65% | 8.65% | 14.57% | 15.13% | 13.64% | 11.91% | 21.52% | 21.58% | 20.44% | 19.69% | 20.1% | 20.66% | 21.42% | 19.03% | 19.56% | 21.59% | 21.51% | 20.32% | 21.8% | 21.24% |
| Net Income Growth % | -6.95% | -19.62% | -27.57% | -25.8% | -28.11% | -38.74% | 12.97% | 9.77% | 0.95% | 11.32% | 7.27% | 1.12% | 1.03% | -3.1% | -9.04% | 2.12% | 30.24% | 29.93% | 40.26% | 53.05% |
| Funds From Operations (FFO) | 25.03M | 22.56M | 24.59M | 24.82M | 24.32M | 22.49M | 26.55M | 26.45M | 25.66M | 25.41M | 24.91M | 24.18M | 24.52M | 23.93M | 24.14M | 24.39M | 24.59M | 23.56M | 25.61M | 24.18M |
| FFO Margin % | 31.99% | 30.02% | 34.16% | 35.04% | 33.85% | 33.11% | 39.46% | 39.51% | 38.47% | 37.89% | 39.07% | 37.95% | 38.89% | 38.39% | 39.53% | 40.46% | 39.57% | 39.12% | 42.49% | 40.3% |
| FFO Growth % | 2.93% | 0.31% | -7.37% | -6.17% | -5.21% | -11.49% | 6.57% | 9.41% | 4.65% | 6.17% | 3.19% | -0.89% | -0.3% | 1.57% | -5.7% | 0.87% | 6.88% | 8.31% | 10.95% | 15.55% |
| FFO per Share | 1.03 | 0.93 | 1.02 | 1.02 | 1.01 | 0.93 | 1.10 | 1.10 | 1.06 | 1.06 | 1.04 | 1.01 | 1.02 | 1.00 | 1.01 | 1.02 | 1.03 | 0.99 | 1.08 | 1.02 |
| FFO Payout Ratio % | 0% | 63.38% | 58.13% | 57.6% | 58.61% | 63.37% | 53.53% | 53.76% | 55.37% | 55.87% | 56.96% | 58.59% | 57.8% | 59.16% | 58.63% | 55.86% | 55.23% | 55.33% | 50.77% | 51.64% |
| EPS (Diluted) | 0.26 | 0.50 | 0.43 | 0.33 | 0.29 | 0.22 | 0.48 | 0.48 | 0.45 | 0.43 | 0.42 | 0.43 | 0.96 | 0.98 | 0.38 | 0.43 | 0.44 | 0.40 | 0.44 | 0.42 |
| EPS Growth % | -10.34% | 127.27% | -10.42% | -31.25% | -35.56% | -48.84% | 14.29% | 11.63% | -53.13% | -56.12% | 10.53% | 0% | 118.18% | 145% | -13.64% | 2.38% | 0% | 0% | 10% | 16.67% |
| EPS (Basic) | 0.26 | 0.50 | 0.43 | 0.33 | 0.29 | 0.22 | 0.48 | 0.48 | 0.45 | 0.43 | 0.42 | 0.43 | 0.96 | 0.98 | 0.38 | 0.43 | 0.44 | 0.40 | 0.44 | 0.42 |
| Diluted Shares Outstanding | 24.22M | 24.22M | 24.22M | 24.22M | 24.2M | 24.3M | 24.16M | 24.12M | 24.1M | 24.08M | 24.06M | 24.04M | 24.03M | 24.01M | 24M | 23.98M | 23.9M | 23.79M | 23.7M | 23.63M |