Saul Centers, Inc. logo BFS - Saul Centers, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 3
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $43.50 DETAILS
HIGH: $43.50
LOW: $43.50
MEDIAN: $43.50
CONSENSUS: $43.50
UPSIDE: 25.98%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 291.6 268.8 257.2 245.9 239.2 225.2 231.5 227.9 227.3 217.1 209.1 207.1 197.9 190.1 174.4 163.5 161.1 160.3 150.6 138.0 127.0 112.8 97.9 94.0 86.3 79.0 73.8 70.6 67.7 64.0 61.5 57.4 18.5
Cost of Revenue 202.0 72.1 67.1 64.5 61.6 58.4 57.9 55.6 54.7 52.2 50.2 48.8 47.0 46.1 45.3 42.3 40.1 0 0 12.5 0 9.8 8.6 0 0 0 0 0 0 0 0 0 0
Gross Profit 89.5 196.8 190.1 181.3 177.6 166.8 173.6 172.3 172.6 164.9 158.8 158.3 150.9 144.0 129.0 121.2 121.0 160.3 150.6 125.5 127.0 103.1 89.3 94.0 86.3 79.0 73.8 70.6 67.7 64.0 61.5 57.4 18.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 3.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 26.9 25.1 23.5 22.4 20.3 19.1 20.8 18.5 18.2 17.5 16.4 17.0 15.0 14.3 14.3 14.0 13.0 12.3 11.7 10.1 9.6 8.4 6.2 5.5 4.3 3.9 3.8 3.4 3.4 3.1 3 2.9 0.9
Other Expenses (57.1) 50.5 0 93.6 95.7 97.4 0 0.4 0.9 1.5 0.9 41.9 (2.9) 1.2 35.4 28.5 28.3 101.7 93.5 87.4 80.4 70.7 38.8 62.2 31.7 29.2 26.8 27.4 27.0 46.7 (29.2) (36.7) (9.8)
Operating Expenses (30.1) 75.6 23.5 115.9 115.9 116.5 20.8 18.9 19.1 19.0 17.3 58.8 15.9 15.4 49.7 42.4 41.2 114.0 105.2 97.5 90.0 79.1 45.0 67.8 36.0 33.1 30.6 30.8 30.4 49.8 (26.2) (33.8) (8.9)
Operating Income
Operating Income 119.6 121.2 166.6 65.4 61.6 50.3 152.8 62.6 60.6 55.7 52.9 51.9 35.3 36.2 33.9 43.8 45.1 46.4 45.5 40.5 37.0 33.7 27.1 26.2 25.4 22.1 20.7 17.2 17.0 14.3 87.7 91.2 27.4
Interest Expense 70.5 53.7 47.2 43.9 45.4 0 41.8 45.0 47.2 45.7 45.2 44.7 46.6 49.5 45.5 35.0 34.7 34.3 0.3 32.5 0 1.1 25.8 2.9 0 0 0 0 0 0 0 0 0
Interest Income 0.2 0 0.3 0 0 0.1 0 0.3 0.1 0 0 0 0 0 0.2 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 178.6 171.7 166.6 156.4 155.6 146.5 147.0 217.5 106.3 100.1 96.2 93.1 84.4 76.3 69.3 72.3 73.4 76.1 71.8 66.1 61.2 55.0 45.0 44.8 40.7 59.9 55.8 52.8 49.7 28.0 100.6 103.1 31.5
EBIT 119.8 121.2 118.2 107.4 105.4 95.4 106.5 106.5 106.5 101.1 96.7 102.7 80.2 83.3 74.1 43.8 78.0 80.6 79.2 40.5 37.0 33.7 27.1 26.2 25.4 46.0 43.2 39.8 37.3 32.8 14.2 91.2 27.4
Income Before Tax 49.2 67.7 69.0 65.4 61.6 50.3 64.2 63.1 60.7 56.7 52.9 58.0 34.8 35.4 30.3 78.8 79.8 17.9 45.7 32.7 29.2 34.9 52.9 29.1 0 0 43.2 0 0 0 0 0 0
Income Tax Expense 0 0 0 0 0 0 0 (33.9) (33.4) 0 0 0 0 (34.7) 10.8 11.2 10.3 (57.4) 8.5 (7.8) (7.8) 6.4 33.3 3.8 33.0 31.9 28.8 30.7 34.8 8.4 81.3 84.2 26.4
Net Income 37.5 50.6 52.7 50.2 48.4 40.4 51.7 50.6 48.3 45.3 42.5 46.9 30.9 33.4 26.7 36.8 36.7 39.7 36.7 32.7 29.2 26.2 19.2 19.6 17.3 14.0 13.3 9.1 2.6 5.9 6.4 7 1
Per Share Data
EPS (Basic) 1.55 1.64 1.73 1.63 1.57 1.25 2.25 2.26 1.64 1.53 1.42 1.55 0.57 0.93 0.61 1.18 1.20 1.47 1.63 1.45 1.27 1.11 1.13 1.29 1.22 1.03 1.01 0.72 0.21 0.49 0.54 0.59 0.09
EPS (Diluted) 1.55 1.63 1.73 1.63 1.57 1.25 2.24 2.25 1.63 1.52 1.42 1.54 0.57 0.93 0.61 1.18 1.20 1.46 1.62 1.43 1.27 1.11 1.13 1.29 1.22 1.03 1.01 0.72 0.21 0.49 0.54 0.59 0.09
Shares Outstanding 24.2 24.1 24.1 24.0 23.7 23.4 23.0 22.4 21.9 21.5 21.1 20.8 20.4 19.6 18.9 18.3 17.9 17.8 17.6 17.0 16.7 16.0 15.5 14.7 14.2 13.6 13.2 12.7 12.2 11.9 11.8 11.9 11.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 8.7 10.3 8.4 13.3 14.6 26.9 13.9 14.6 10.9 8.3 20.6 13.0 33.6 45.2 1.3 1.8 1.8 1.0 2.4 0.7 0.0 0 0 0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 60.8 50.9 56.0 56.3 58.7 64.9 52.3 53.9 54.1 53.0 37.5 37.5 20.7 14.6 12.5 9.2 9.0 8.7 6.3 6.2 7.4 9.5 10.9 6.5
Inventory 0 0 0 0 0 0 0 0 0 0 26.2 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 (5.6) 0 0 0 0 13.8 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 69.5 61.2 64.4 69.6 73.3 91.8 71.6 73.6 70.2 66.4 90.7 53.5 54.2 59.9 13.8 11.0 11.3 9.7 8.7 6.9 7.5 9.5 10.9 6.5
Non-Current Assets
Property, Plant & Equipment 0 0 0 0 0 0 0 1,422.6 1,315.0 1,242.5 834.9 774.7 501.4 387.3 353.6 317.9 308.8 277.3 250.7 243.6 236.2 236.4 217.4 188.5
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0.7 0 2.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 0 0 0 0 0 0 (2,950.8) 0 (2,588.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 2,093.1 2,065.2 1,929.7 1,763.7 1,673.5 1,553.8 1,546.8 1,453.9 (1,385.2) 1,276.6 0 25.7 (501.4) (387.3) (353.6) (317.9) (308.8) (277.3) (250.7) (243.6) (236.2) (236.4) (217.4) (188.5)
Total Non-Current Assets 2,093.1 2,065.2 1,929.7 1,763.7 1,673.5 1,553.8 1,546.8 1,453.9 1,352.2 1,276.6 834.9 800.4 501.4 387.3 353.6 317.9 308.8 277.3 250.7 243.6 236.2 236.4 217.4 188.5
Total Assets 2,162.7 2,126.4 1,994.1 1,833.3 1,746.8 1,645.6 1,618.3 1,527.5 1,422.5 1,343.0 925.6 853.9 583.4 471.6 388.7 346.4 334.4 299.7 271.0 260.9 263.5 269.4 259 213.4
Current Liabilities
Account Payables 36.6 46.2 57.0 43.0 25.6 24.4 35.2 32.4 23.1 20.8 23.4 41.6 1.9 7.8 0 0 0 0 0 0 0 0 0 0
Short-Term Debt 144.7 186.5 274.7 161.9 103.2 103.9 86.4 0 0 0 0 567.5 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 28.9 29.1 30.7 27.1 23.2 6.0 4.5 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0 0 0 857.5 885.3 775.3 540.5 (586.7) (12.3) (17.2) 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 205.5 256.1 354.7 227.4 150.4 147.7 140.9 96.9 102.4 87.0 123.4 58.5 1.9 7.8 0 18.7 22.1 21.2 17.7 14.5 16.6 0 0 0
Non-Current Liabilities
Long-Term Debt 1,457.1 1,346.1 1,112.3 1,061.0 1,040.7 1,047.0 1,004.8 1,021.8 947.0 900.3 0 0 0 0 380.7 351.8 343.5 310.3 290.6 284.5 273.3 273.1 248.7 192.1
Deferred Tax Liabilities 0 0 0 0 0 0 0 (193.1) (102.4) (155.7) 0 0 (455.9) 0 0 (355.8) (346.0) (313.1) (293.5) (285.9) (274.7) 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 2.7 15.0 2.9 0 0 (6.0) 0 (385.2) (4.0) (2.5) (2.8) (2.9) (1.4) (1.4) (273.1) (248.7) (192.1)
Total Non-Current Liabilities 1,480.0 1,369.2 1,135.0 1,084.1 1,065.9 1,070.3 1,034.1 1,005.4 927.0 882.8 576.1 567.5 1.9 7.8 402.0 351.8 343.5 310.3 290.6 284.5 273.3 273.1 248.7 192.1
Total Liabilities 1,685.4 1,625.3 1,489.7 1,311.5 1,216.3 1,218.0 1,175.0 1,102.3 1,029.3 969.8 699.5 626.0 482.4 379.0 402.0 370.5 365.6 331.5 308.3 299.0 289.9 286.1 263.6 204.3
Stockholders' Equity
Common Stock 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0 0 0
Retained Earnings (337.7) (306.5) (288.8) (273.6) (256.4) (241.5) (221.2) (208.8) (198.4) (189.9) (124.2) (118.9) (106.1) (99.0) (92.5) (88.8) (83.9) (76.6) (69.4) (58.6) (42.0) (29.1) (16.9) (5.4)
Accumulated Other Comprehensive Income 1.1 3.0 2.0 2.9 0 0 0 (0.3) (0.7) (1.3) (276.3) (252.8) (181.4) (164.8) (150.3) (136.9) (124.2) (112.3) (101.9) (92.6) (95.0) 0 0 0
Total Stockholders' Equity 307.8 335.8 348.4 400.5 405.0 364.3 375.0 355.9 334.4 318.5 224.7 224.9 101.0 92.6 (13.3) (24.1) (31.2) (31.9) (37.3) (38.1) (26.4) (16.7) (4.6) 9.1
Total Liabilities & Equity 2,162.7 2,126.4 1,994.1 1,833.3 1,746.8 1,645.6 1,618.3 1,527.5 1,422.5 1,343.0 925.6 853.9 583.4 471.6 388.7 346.4 334.4 299.7 271.0 260.9 263.5 269.4 259 213.4
Debt Metrics
Total Debt 1,601.8 1,532.6 1,387.0 1,222.9 1,143.9 1,150.9 1,091.2 1,021.8 958.6 900.3 576.1 567.5 453.6 357.2 380.7 351.8 343.5 310.3 290.6 284.5 273.3 273.1 248.7 192.1
Net Debt 1,593.1 1,522.3 1,378.6 1,209.6 1,129.3 1,124.1 1,077.3 1,007.3 947.7 892.0 555.5 554.5 420.1 312.0 379.4 350.0 341.7 309.3 288.2 283.8 273.2 273.1 248.7 192.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 37.5 50.6 52.7 65.4 61.6 50.3 64.2 63.1 60.7 56.7 29.2 26.2 19.2 19.6 17.3 14.0 13.3 9.1 2.6 5.9 7.3 7 4.9
Depreciation & Amortization 58.8 52.9 48.4 49.0 50.3 51.1 46.3 45.9 45.7 44.4 24.2 21.3 18.6 18.5 15.3 14.0 12.6 13.0 12.4 13.7 12.9 11.9 4.1
Stock-Based Compensation 2.0 1.7 1.4 1.5 1.6 1.4 1.9 1.8 1.7 1.6 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (14.8) (1.7) 1.7 5.4 4.2 (23.0) 1.7 3.9 (2.2) (10.8) (5.4) (10.3) (19.3) (15.8) (20.8) (5.7) (3.6) (3.2) (4.5) 5.1 (2.8) (4.4) (4.6)
Other Non-Cash Items 16.3 17.7 13.5 (0.2) 51.0 49.6 1.3 41.4 42.5 41.1 10.4 13.5 17.8 15.2 20.0 10.9 9.4 10.8 18.5 6.0 8.7 10 (0.9)
Operating Cash Flow 99.8 121.2 117.7 121.2 118.4 78.4 115.4 110.3 103.5 89.1 58.4 50.7 36.4 37.5 31.8 33.3 31.6 29.7 28.9 30.7 26.1 24.5 3.5
Investing Activities
Capital Expenditure 0 0 0 19.0 0 56.2 0 0 0 0 (56.9) (85.5) (48.1) (49.1) (21.8) (43.4) (38.6) (14.8) (16.1) (8.9) 0 0 0
Acquisitions 0 0 (177.5) (101.1) (28.2) (37.1) (113.8) (76.3) (22.8) (27.2) 0 (79.1) (25.5) (28.9) 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 (116.9) (55.9) (56.5) 0 (130.0) (120.0) (91.0) 0 0 0 0 0 0 0 0 0 0 (5.8) (37.8) (15.3)
Sales/Maturities of Investments 0 0 0 116.9 0 0.4 0 1.3 6.7 4.8 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (95.8) (188.7) (26.2) (34.8) 28.2 (19.1) (21.9) (52.4) (90.5) (59.0) (16.9) 50.6 25.5 28.9 (21.8) (43.4) 1.7 0 0 0 (16.1) (6.4) (50.7)
Investing Cash Flow (95.8) (188.7) (203.7) (116.9) (55.9) (56.2) (135.7) (128.7) (113.3) (86.3) (73.8) (114.1) (48.1) (49.1) (21.8) (43.4) (36.9) (14.8) (16.1) (8.9) (21.9) (44.2) (66)
Financing Activities
Net Debt Issuance 66.1 146.4 167.6 83.7 (5.2) 59.3 68.7 66.7 57.8 32.5 15.2 76.7 (23.5) 28.9 8.3 33.2 19.6 2.3 8.1 (0.8) 20.8 56.6 (151.6)
Stock Repurchased 0 0 0 0 0 0 0 (75.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (68.3) (68.1) (67.9) (66.7) (62.2) (60.6) (61.0) (58.7) (57.0) (51.8) (42.9) (40.4) (32.3) (31.1) (30.3) (29.4) (28.4) (27.1) (26.0) (25.6) (25.4) (25.4) (2.4)
Other Financing Activities (25.1) (11.3) (20.8) (30.7) (21.8) (18.0) (14.5) (13.8) (11.1) (6.7) (6.2) 0 (97.2) (1.3) 0 (0.3) 0 0 1.3 0.7 0.0 (13.3) (0.1)
Financing Cash Flow (5.5) 69.4 81.1 (5.6) (74.8) (9.3) 19.6 22.0 12.4 (4.5) (10.2) 51.7 55.7 11.1 (10.0) 10.9 3.8 (13.2) (12.2) (22.4) (4.6) 17.9 65.3
Cash Position
Net Change in Cash (1.6) 1.9 (4.9) (1.3) (12.3) 13.0 (0.7) 3.7 2.6 (1.7) (25.6) (11.7) 43.9 (0.5) 0.0 0.8 (1.4) 1.7 0.7 (0.6) (0.4) (1.8) 2.8
Cash at Beginning 10.3 8.4 13.3 14.6 26.9 13.9 14.6 10.9 8.3 10.0 33.6 45.2 1.3 1.8 1.8 1.0 2.4 0.7 0.0 0.7 1 2.8 0
Cash at End 8.7 10.3 8.4 13.3 14.6 26.9 13.9 14.6 10.9 8.3 8.0 33.6 45.2 1.3 1.8 1.8 1.0 2.4 0.7 0.0 0.6 1 2.8
Free Cash Flow 99.8 121.2 117.7 140.2 118.4 134.6 115.4 110.3 103.5 89.1 1.5 (34.8) (11.8) (11.6) 10.0 (10.1) (7.0) 14.9 12.8 21.8 26.1 24.5 3.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 291.6 268.8 257.2 245.9 239.2 225.2 231.5 227.9 227.3 217.1 209.1 207.1 197.9 190.1 174.4 163.5 161.1 160.3 150.6 138.0 127.0 112.8 97.9 94.0 86.3 79.0 73.8 70.6 67.7 64.0 61.5 57.4 18.5
Gross Profit 89.5 196.8 190.1 181.3 177.6 166.8 173.6 172.3 172.6 164.9 158.8 158.3 150.9 144.0 129.0 121.2 121.0 160.3 150.6 125.5 127.0 103.1 89.3 94.0 86.3 79.0 73.8 70.6 67.7 64.0 61.5 57.4 18.5
Operating Income 119.6 121.2 166.6 65.4 61.6 50.3 152.8 62.6 60.6 55.7 52.9 51.9 35.3 36.2 33.9 43.8 45.1 46.4 45.5 40.5 37.0 33.7 27.1 26.2 25.4 22.1 20.7 17.2 17.0 14.3 87.7 91.2 27.4
Net Income 37.5 50.6 52.7 50.2 48.4 40.4 51.7 50.6 48.3 45.3 42.5 46.9 30.9 33.4 26.7 36.8 36.7 39.7 36.7 32.7 29.2 26.2 19.2 19.6 17.3 14.0 13.3 9.1 2.6 5.9 6.4 7 1
EPS (Diluted) 1.55 1.63 1.73 1.63 1.57 1.25 2.24 2.25 1.63 1.52 1.42 1.54 0.57 0.93 0.61 1.18 1.20 1.46 1.62 1.43 1.27 1.11 1.13 1.29 1.22 1.03 1.01 0.72 0.21 0.49 0.54 0.59 0.09
Balance Sheet
Cash & Equivalents 8.7 10.3 8.4 13.3 14.6 26.9 13.9 14.6 10.9 8.3 20.6 13.0 33.6 45.2 1.3 1.8 1.8 1.0 2.4 0.7 0.0 0 0 0
Total Assets 2,162.7 2,126.4 1,994.1 1,833.3 1,746.8 1,645.6 1,618.3 1,527.5 1,422.5 1,343.0 925.6 853.9 583.4 471.6 388.7 346.4 334.4 299.7 271.0 260.9 263.5 269.4 259 213.4
Total Debt 1,601.8 1,532.6 1,387.0 1,222.9 1,143.9 1,150.9 1,091.2 1,021.8 958.6 900.3 576.1 567.5 453.6 357.2 380.7 351.8 343.5 310.3 290.6 284.5 273.3 273.1 248.7 192.1
Stockholders' Equity 307.8 335.8 348.4 400.5 405.0 364.3 375.0 355.9 334.4 318.5 224.7 224.9 101.0 92.6 (13.3) (24.1) (31.2) (31.9) (37.3) (38.1) (26.4) (16.7) (4.6) 9.1
Cash Flow
Operating Cash Flow 99.8 121.2 117.7 121.2 118.4 78.4 115.4 110.3 103.5 89.1 58.4 50.7 36.4 37.5 31.8 33.3 31.6 29.7 28.9 30.7 26.1 24.5 3.5
Capital Expenditure 0 0 0 19.0 0 56.2 0 0 0 0 (56.9) (85.5) (48.1) (49.1) (21.8) (43.4) (38.6) (14.8) (16.1) (8.9) 0 0 0
Free Cash Flow 99.8 121.2 117.7 140.2 118.4 134.6 115.4 110.3 103.5 89.1 1.5 (34.8) (11.8) (11.6) 10.0 (10.1) (7.0) 14.9 12.8 21.8 26.1 24.5 3.5