Franklin Street Properties Corp (FSP)

From the record

Franklin Street Properties Corp's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Franklin Street Properties Corp's 10 filed years say what it did: revenue went from $250 million in fiscal 2016 to $107 million in fiscal 2025, down 9% a year; it rose in 2 of 9 years; the deepest fall was 61% from fiscal 2017 to fiscal 2025; net income was positive in 6 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Franklin Street Properties Corp's diluted share count grew about 0.1% a year, and dividends and buybacks returned about 41% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Franklin Street Properties Corp lost about 7 cents for every dollar of shareholders' money, and gross profitability: its products earned about 7 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 32 cents per dollar of assets, and net share issuance: its share count grew 0.1% over the year (the filed statements).

From the record

Franklin Street Properties Corp's standing among 157 graded names in its industry family: revenue of $107 million in fiscal 2025 ranks in the bottom 18% by size; a net margin of -42% ranks in the bottom 7%; revenue growth of -13.5% a year over the last 3 filed years ranks in the bottom 5% (its annual reports).

From the record

Franklin Street Properties Corp's leadership, from its insiders' filings and its current reports: no one files under a chief executive's title, so that part is not read; the 4 officers and directors filing in the last fifteen months have been on the record a median of 20.4 years (top 2%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 4 people in charge now (bottom 2%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Franklin Street Properties Corp's room to grow, from the newest filed statements (fiscal 2025): cash of $31 million against no long-term debt tagged leaves 3.4% of its assets as net cash, top 12% of its family; cash from operations less capital spending is -11.8% of revenue (bottom 6%); a gross margin of 60.8% (bottom 40%) (its annual report).

From the record

Franklin Street Properties Corp's growth drivers, from the filed years to fiscal 2025: revenue grew -13.5% a year over the last three filed years against -9% over all 10, slowing (bottom 34% of its family); the newest year grew -10.8% (bottom 9%); capital spending grew -33.1% a year (bottom 13%) (its annual reports). Franklin Street Properties Corp tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Franklin Street Properties Corp's newest year against its own record: revenue of $107 million in fiscal 2025 came in 4.8% above the $102 million its prior three years' pace pointed to (top 22% of its family); net income of $45 million against a prior three-year average of $33 million (bottom 28%); a net margin of -42% against -25.4% before (bottom 14%) (its annual reports).