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Franklin Street Properties

FSP

Franklin Street Properties Corp. is a self-managed real estate investment trust (REIT) focused on commercial office investments in the United States.

Market cap
$45.72M-74.0%
Revenue$105.9M-5.3%
Net income-$41.8M+21.8%
Free cash flow-$23.6M+21.9%
EPS (diluted)-$0.40+23.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$26.4M-1.3%
Gross profit$16.3M+2.1%
Net income-$16.6M-111%
EPS (diluted)-$0.16-100%

Balance sheet

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Cash & equivalents$22.5M-26.4%
Total debt$923.0K+79.2%
Total equity$580.0M-7.2%
Total assets$864.9M-4.3%

Cash flow

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CapEx$3.1M+9.5%
Free cash flow-$103.0K+98.2%

Valuation & ratios

Valuation

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Market cap$45.72M-74.0%
Enterprise value$24.18M-83.1%
P/S0.4×-1.1×

Profitability

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Gross margin60.8%-0.1pp
Net margin-39.4%-5.9pp

Returns & leverage

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Return on equity-6.9%-0.9pp
Debt / equity0.0×

Segments

By segment

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Real Estate Operations$26.4M-1.3%

Competitors

Profile

Franklin Street Properties Corp. is a self-managed real estate investment trust (REIT) focused on commercial office investments in the United States. The company specializes in infill and central business district office properties, primarily targeting the Sunbelt and Mountain West regions. Its core value proposition centers on long-term growth and appreciation through active asset management, property leasing, and strategic dispositions.

Competitive position

FSP focuses on institutional-quality office assets in high-growth regional markets, currently undergoing a strategic review to maximize shareholder value through potential asset sales or mergers.

GeographiesUnited States, Sunbelt Region, Mountain West Region
Customer segmentsCommercial Tenants, Enterprise
Business modelProperty Leasing, Asset Management, Real Estate Investment
SuppliersCapital Markets, Commercial Lenders, Construction and Maintenance Contractors, Real Estate Brokerages
CustomersCorporate Office Tenants, Real Estate Buyers, Institutional Investors
Listed2005
Employees28.0
CEOGeorge John Carter
FilingsSEC EDGAR

Questions, answered.

What is Franklin Street Properties's market cap?
Franklin Street Properties (FSP) has a market capitalization of $45.7M and trades on AMEX.
What is Franklin Street Properties's revenue and profitability?
Franklin Street Properties generated $105.9M in trailing twelve-month revenue with a net loss of $41.8M, representing a net margin of -39.4%. Gross margin stands at 60.8%, with free cash flow of -$23.6M. These figures are based on the Q2 2026 filing.
Who are Franklin Street Properties's competitors?
Franklin Street Properties's key competitors include Highwoods Properties, Cousins Properties, Boston Properties, and others. These companies compete in similar markets and product categories.
Who does Franklin Street Properties partner with?
Franklin Street Properties's notable partners include TPG Credit, GRESB, ENERGY STAR, and others.
What subsidiaries does Franklin Street Properties have?
Franklin Street Properties's subsidiaries include FSP Investments LLC, FSP Property Management LLC, FSP Holdings LLC.
Where is Franklin Street Properties headquartered?
Franklin Street Properties is headquartered in United States of America and employs approximately 28 people. It has been publicly traded since 2005.