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Saul Centers BFS Mixed-Use Properties — Real estate taxes

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Other financials

Income statement

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Revenue$76.8M+8.4%
Net income$8.8M-18.3%
EPS (diluted)$0.24-27.3%

Balance sheet

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Cash & equivalents$20.2M+281%
Total debt$1.6B+2.5%
Total equity$295.9M-8.2%
Total assets$2.2B+0.9%

Cash flow

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Operating cash flow$30.8M+15.7%
CapEx$11.4M-51.0%
Free cash flow$17.9M+153%

Valuation

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Market cap$829.31M+6.5%
Enterprise value$2.41B+3.2%
P/E23.8×+5.7×
P/S2.7×-0.1×

Profitability

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Operating margin27.5%
Net margin11.5%-4.0pp
FCF margin33.6%-5.8pp

Returns & leverage

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Return on equity11.3%-1.6pp
Debt / equity5.4×+0.6×

Where this comes from

Reported directly by Saul Centers in its filing.

Tagged under the XBRL concept us-gaap:RealEstateTaxExpense.

The source filing: Saul Centers’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000907254-26-000049
(In thousands) / As of or for the three months ended June 30, 2026Shopping / CentersMixed-Use / PropertiesTotal
Revenue adjustments (1)2,435
Total revenue$76,791
Expenses:
Real estate taxes(5,199)(3,612)
Repairs and maintenance(3,005)(2,333)
Other expenses (2)(3,039)(5,175)
Property net operating income$36,555$15,438$51,993
Non-segment items:

Item 1. Financial Statements (Unaudited)

FAQ

What is Saul Centers's mixed-use properties — real estate taxes?
Saul Centers (BFS) reported mixed-use properties — real estate taxes of $3.61M in Q2 2026.
How has Saul Centers's mixed-use properties — real estate taxes changed year-over-year?
Saul Centers's mixed-use properties — real estate taxes increased by 10.3% year-over-year, from $3.28M to $3.61M.
What is the long-term trend for Saul Centers's mixed-use properties — real estate taxes?
Over 3 years (2022 to 2025), Saul Centers's mixed-use properties — real estate taxes has grown at a 6.4% compound annual growth rate (CAGR), from $10.78M to $12.99M.
What does mixed-use properties — real estate taxes mean?
Reflects the total property tax obligations incurred by the mixed-use segment based on local government assessments of the real estate portfolio. Monitoring this expense is critical for assessing the impact of local tax environments on the segment's overall operating margins.

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