Saul Centers, Inc. (BFS)

NYSE: BFS · Real Estate Investment Trusts · Bethesda, MD · filing with the SEC since 1996

Grade5.2

◀ Past 4.9● Present 5.6▶ Future 5.1

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 27, 2026	Feb 28, 2025	Feb 29, 2024	Mar 2, 2023	Feb 24, 2022	Feb 25, 2021	Feb 27, 2020	Feb 26, 2019	Feb 27, 2018	Mar 7, 2017
Revenue	289,843	268,847	257,207	245,860	239,225	225,207	231,525	227,219^r	226,299^r	217,019^r
For lenders
Interest and dividend income	159	159	295	76	7	140	248	272	80	·
Provision for credit losses	1,722	859	534	-88	812	5,212	1,226	685	906	1,494
Cost of revenue	·	·	67,139	64,522	61,628	58,417	57,933	55,578^r	54,686^r	53,701
Gross profit	·	·	190,068	181,338	177,597	166,790	173,592	171,641	171,613^r	163,318^r
General and administrative	26,932	25,066	23,459	22,392	20,252	19,107	20,793	18,459	18,176	17,496
Total operating expenses	·	·	·	·	·	·	166,893	164,666	165,701	·
Total costs and expenses	240,744	201,325	188,181	180,468	177,576	175,169	166,893	164,666	166,687	161,357
Operating income	195,319	203,765	189,402	180,524	·	·	·	62,553	60,598	55,713
Interest expense	77,001	74,359	66,717	53,219	50,552	51,705	52,044	49,652	49,322	46,867
Net income including non-controlling interests	49,219	67,703	69,026	65,392	61,649	50,316	64,196	63,059	60,668	56,720
Net income to non-controlling interests	·	·	·	15,198	13,260	9,934	12,473	12,505	12,411	11,441
Net income	37,511	50,649	52,689	50,194	48,389	40,382	51,723	50,554	48,257	45,279
Preferred dividends	11,194	11,194	11,194	11,194	11,194	11,194	12,235	12,262	12,375	12,375
Net income to common shareholders	26,317	39,455	41,495	39,000	37,195	29,188	36,253	35,964	35,882	32,904
Earnings per share, basic	1.09	1.64	1.73	1.63	1.57	1.25	1.58	1.61	1.64	1.53
Earnings per share, diluted	1.09	1.63	1.73	1.63	1.57	1.25	1.57	1.60	1.63	1.52
Weighted average shares, basic	24,218	24,124	24,051	23,964	23,655	23,356	23,009	22,383	21,901	21,505
Weighted average shares, diluted	24,238	24,142	24,053	23,972	23,662	23,357	23,053	22,425	22,008	21,615

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpenseDebt

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton BFS · research, not advice