Franklin Street Properties Corp. (FSP) Financial Ratios
27 years of historical data (1999–2025) · Real Estate · REIT - Office
EV/EBITDA
↓
8.00
↓-21% vs avg
5yr avg: 10.07
30Y Low8.6·High20.9
P/FCF
N/A
—
5yr avg: N/A
30Y Low14.5·High82.2
P/B Ratio
↓
0.10
↓-76% vs avg
5yr avg: 0.40
30Y Low0.2·High1.8
ROE
↓
-7.1%
↑-286% vs avg
5yr avg: -1.8%
30Y Low-8%·High30%
Debt/EBITDA
↑
7.21
+14% vs avg
5yr avg: 6.35
30Y Low0.1·High7.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FSP Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Franklin Street Properties Corp. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $58M | $98M | $189M | $265M | $282M | $635M | $469M | $918M | $668M | $1.2B | $1.3B |
| Enterprise Value | $276M | $316M | $396M | $544M | $691M | $1.1B | $1.4B | $1.9B | $1.6B | $2.2B | $2.4B |
| P/E Ratio → | -1.30 | — | — | — | 257.55 | 6.84 | 14.57 | 141.72 | 51.92 | — | 162.00 |
| P/S Ratio | 0.54 | 0.92 | 1.58 | 1.82 | 1.70 | 3.03 | 1.91 | 3.41 | 2.48 | 4.22 | 5.33 |
| P/B Ratio | 0.10 | 0.16 | 0.29 | 0.37 | 0.37 | 0.81 | 0.61 | 1.17 | 0.37 | 0.60 | 0.66 |
| P/FCF | — | — | — | — | — | — | — | 82.18 | 22.92 | 27.67 | — |
| P/OCF | 15.44 | 26.23 | 21.08 | 14.81 | 18.52 | 17.45 | 6.85 | 11.21 | 8.33 | 12.01 | 14.12 |
P/E links to full P/E history page with 30-year chart
FSP EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Franklin Street Properties Corp.'s enterprise value stands at 8.0x EBITDA, 21% below its 5-year average of 10.1x. The Real Estate sector median is 16.8x, placing the stock at a 52% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.95 | 3.30 | 3.73 | 4.17 | 5.16 | 5.72 | 6.98 | 6.12 | 8.01 | 9.48 |
| EV / EBITDA | 8.00 | 9.18 | 9.56 | 9.67 | 10.47 | 11.50 | 8.77 | 8.62 | 11.62 | 15.11 | 17.88 |
| EV / EBIT | — | — | — | — | 28.68 | 8.63 | 20.40 | 43.15 | 36.55 | 106.79 | 67.02 |
| EV / FCF | — | — | — | — | — | — | — | 168.08 | 56.44 | 52.46 | — |
FSP Profitability
Margins and return-on-capital ratios measuring operating efficiency
Franklin Street Properties Corp. earns an operating margin of -7.6%, below the Real Estate sector average of 24.7%. Operating margins have compressed from -0.7% to -7.6% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -7.1% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.8% | 43.8% | 43.6% | 46.5% | 47.2% | 51.3% | 53.1% | 55.3% | 56.6% | 57.1% | 57.8% |
| Operating Margin | -7.6% | -7.6% | -5.2% | -0.7% | 0.3% | 6.2% | — | 50.0% | 16.7% | 15.0% | 14.9% |
| Net Profit Margin | -42.0% | -42.0% | -43.9% | -33.0% | 0.7% | 44.3% | 13.3% | 2.4% | 4.9% | -5.8% | 3.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -7.1% | -7.1% | -7.7% | -6.5% | 0.1% | 12.0% | 4.2% | 0.5% | 0.7% | -0.8% | 0.6% |
| ROA | -4.9% | -4.9% | -5.0% | -4.0% | 0.1% | 5.9% | 1.8% | 0.3% | 0.7% | -0.8% | 0.4% |
| ROIC | -0.7% | -0.7% | -0.5% | -0.1% | 0.0% | 0.7% | — | 4.4% | 1.2% | 1.0% | 1.1% |
| ROCE | -0.9% | -0.9% | -0.7% | -0.1% | 0.0% | 0.9% | — | 7.5% | 2.4% | 2.1% | 1.9% |
FSP Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Franklin Street Properties Corp. carries a Debt/EBITDA ratio of 7.2x, which is highly leveraged (6% below the sector average of 7.7x). Net debt stands at $218M ($249M total debt minus $31M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.41 | 0.41 | 0.38 | 0.57 | 0.54 | 0.61 | 1.22 | 1.23 | 0.54 | 0.55 | 0.52 |
| Debt / EBITDA | 7.21 | 7.21 | 5.98 | 7.20 | 6.25 | 5.11 | 5.86 | 4.45 | 6.98 | 7.21 | 7.89 |
| Net Debt / Equity | — | 0.36 | 0.31 | 0.39 | 0.53 | 0.57 | 1.22 | 1.22 | 0.54 | 0.54 | 0.52 |
| Net Debt / EBITDA | 6.32 | 6.32 | 4.99 | 4.97 | 6.20 | 4.74 | 5.85 | 4.40 | 6.90 | 7.14 | 7.82 |
| Debt / FCF | — | — | — | — | — | — | — | 85.89 | 33.52 | 24.79 | — |
| Interest Coverage | -0.81 | -0.81 | -0.99 | -0.97 | 1.06 | 3.88 | 1.91 | 1.18 | 1.17 | 0.63 | 1.33 |
FSP Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Franklin Street Properties Corp.'s current ratio of 2.43x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 1.52x to 2.43x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.43 | 2.43 | 2.17 | 1.52 | 1.18 | 0.98 | 1.05 | — | 2.54 | 2.40 | 2.69 |
| Quick Ratio | 2.43 | 2.43 | 2.17 | 1.52 | 1.18 | 0.98 | 1.05 | — | 2.79 | 2.62 | 2.92 |
| Cash Ratio | 1.06 | 1.06 | 1.09 | 0.78 | 0.07 | 0.36 | 0.03 | 0.12 | 0.19 | 0.16 | 0.16 |
| Asset Turnover | — | 0.12 | 0.13 | 0.12 | 0.13 | 0.15 | 0.14 | 0.15 | 0.14 | 0.14 | 0.12 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
FSP Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Franklin Street Properties Corp. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 2.2% | 1.6% | 19.1% | 6.1% | 8.2% | 4.2% | 7.4% | 7.1% | 5.8% |
| Payout Ratio | — | — | — | — | 4934.9% | 41.5% | 118.4% | 596.2% | 377.4% | — | 924.8% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 0.4% | 14.6% | 6.9% | 0.7% | 1.9% | — | 0.6% |
| FCF Yield | — | — | — | — | — | — | — | 1.2% | 4.4% | 3.6% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 1.7% | 2.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 2.2% | 1.6% | 20.9% | 8.9% | 8.2% | 4.2% | 7.4% | 7.1% | 5.8% |
| Shares Outstanding | — | $104M | $104M | $103M | $103M | $107M | $107M | $107M | $107M | $107M | $103M |
Peer Comparison
Compare FSP with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FSPYou | $58M | -1.3 | 8.0 | — | 43.8% | -7.6% | -7.1% | -0.7% | 7.2 |
 PDM | $1B | -12.7 | 10.9 | — | -20.7% | 14.1% | -5.4% | 1.5% | 7.4 |
 HIW | $3B | 17.6 | 12.7 | 16.9 | 67.6% | 26.0% | 6.6% | 2.7% | 7.2 |
 VRE | $2B | 23.7 | 23.1 | 32.4 | 1.3% | 17.1% | 6.0% | 1.3% | 10.1 |
 PGRE | $1B | -31.4 | 12.3 | 5.5 | 60.0% | 19.6% | -1.2% | 1.5% | 9.5 |
 BXP | $9B | 34.2 | 8.9 | 13.7 | 60.6% | 55.7% | 3.5% | 6.1% | 6.1 |
 KRC | $4B | 14.9 | 13.3 | — | 67.0% | 28.4% | 4.9% | 2.3% | 7.3 |
 CUZ | $4B | 109.5 | 12.5 | 32.0 | 26.5% | 22.4% | 0.8% | 2.0% | 5.8 |
 DEA | $1B | 80.3 | 13.9 | 4.2 | -0.9% | 24.9% | 0.9% | 2.1% | 8.5 |
 SLG | $3B | -28.5 | 26.3 | — | 34.1% | 15.4% | -2.0% | 1.1% | 19.3 |
 CBRE | $43B | 38.1 | 24.8 | 36.0 | 15.0% | 3.2% | 12.3% | 6.2% | 4.8 |
| Real Estate Median | — | 24.2 | 16.8 | 15.6 | 50.1% | 24.7% | 3.5% | 2.7% | 7.7 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 27 years · Updated daily
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Start ComparisonFSP — Frequently Asked Questions
Quick answers to the most common questions about buying FSP stock.
What is Franklin Street Properties Corp.'s P/E ratio?
Franklin Street Properties Corp.'s current P/E ratio is -1.3x. The historical average is 55.1x.
What is Franklin Street Properties Corp.'s EV/EBITDA?
Franklin Street Properties Corp.'s current EV/EBITDA is 8.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.2x.
What is Franklin Street Properties Corp.'s ROE?
Franklin Street Properties Corp.'s return on equity (ROE) is -7.1%. The historical average is 4.5%.
Is FSP stock overvalued?
Based on historical data, Franklin Street Properties Corp. is trading at a P/E of -1.3x. Compare with industry peers and growth rates for a complete picture.
What are Franklin Street Properties Corp.'s profit margins?
Franklin Street Properties Corp. has 43.8% gross margin and -7.6% operating margin.
How much debt does Franklin Street Properties Corp. have?
Franklin Street Properties Corp.'s Debt/EBITDA ratio is 7.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.