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Saul Centers

BFS

Saul Centers, Inc. is a self-managed real estate investment trust (REIT) that specializes in the ownership, management, and development of income-producing properties.

Market cap
$884.02M+13.0%
Revenue$296.2M+8.1%
Net income$36.8M-21.3%
Free cash flow$99.6M-7.8%
EPS (diluted)$1.07-26.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$79.0M
EPS estimate$0.14

Financials

Q1 2026

Income statement

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Revenue$78.3M+8.9%
Net income$9.1M-6.9%
EPS (diluted)$0.26-10.3%

Balance sheet

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Cash & equivalents$9.3M+43.7%
Total debt$1.6B+3.4%
Total equity$301.9M-8.1%
Total assets$2.2B+1.2%

Cash flow

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Operating cash flow$29.3M-3.6%
CapEx$11.4M-51.0%
Free cash flow$17.9M+153%

Valuation & ratios

Valuation

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Market cap$884.02M+13.0%
Enterprise value$2.47B+5.2%
P/E24×+5.7×
P/S+0.1×

Profitability

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Net margin12.4%-4.7pp
FCF margin33.6%-5.8pp

Returns & leverage

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Return on equity11.7%-2.2pp
Debt / equity5.3×+0.6×

Competitors

Profile

Saul Centers, Inc. is a self-managed real estate investment trust (REIT) that specializes in the ownership, management, and development of income-producing properties. The company focuses on a high-quality portfolio of grocery-anchored shopping centers and transit-oriented, residential mixed-use projects primarily located in the Washington, DC/Baltimore metropolitan area. Its core value proposition lies in leveraging internal management expertise and strategic redevelopment to drive long-term cash flow growth.

Competitive position

A dominant regional player in the Mid-Atlantic market with a specialized focus on transit-oriented developments and grocery-anchored assets.

GeographiesUnited States, Maryland, Virginia, Washington DC
Customer segmentsRetailers, Residential Renters, Commercial Businesses
Business modelProperty Leasing, Real Estate Development, Property Management
SuppliersConstruction contractors, Financial institutions, Municipal planning departments, Utility providers
CustomersResidential tenants, Retail businesses, Professional service firms
Listed1993
Employees79.0
CEOBernard Francis Saul
FilingsSEC EDGAR

Questions, answered.

What is Saul Centers's market cap?
Saul Centers (BFS) has a market capitalization of $884.0M and trades on NYSE.
What is Saul Centers's revenue and profitability?
Saul Centers generated $296.2M in trailing twelve-month revenue with net income of $36.8M, representing a net margin of 12.4%, with free cash flow of $99.6M. These figures are based on the Q1 2026 filing.
Who are Saul Centers's competitors?
Saul Centers's key competitors include Federal Realty Investment Trust, Kimco Realty, Regency Centers Corporation, and others. These companies compete in similar markets and product categories.
Who does Saul Centers partner with?
Saul Centers's notable partners include Publix, Wegmans, Washington Metropolitan Area Transit Authority.
What subsidiaries does Saul Centers have?
Saul Centers's subsidiaries include Saul Holdings Limited Partnership, B. F. Saul Company.
Where is Saul Centers headquartered?
Saul Centers is headquartered in United States of America and employs approximately 79 people. It has been publicly traded since 1993.