BFS: Saul Centers Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Saul Centers Inc (BFS).

OverviewDividends

$937.83M Market Cap.

As of 05/09/2025 5:00 PM ET (MRY) • Disclaimer

BFS Market Cap. (MRY)


BFS Shares Outstanding (MRY)


BFS Assets (MRY)


Total Assets

$2.13B

Total Liabilities

$1.63B

Total Investments

$0

BFS Income (MRY)


Revenue

$268.85M

Net Income

$50.65M

Operating Expense

$75.39M

BFS Cash Flow (MRY)


CF Operations

$121.22M

CF Investing

-$188.73M

CF Financing

$69.40M

BFS Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$2,126,404,000 (6.63%)

$1,994,137,000 (8.77%)

$1,833,302,000 (4.95%)

$1,746,761,000 (6.15%)

Assets Current

-

-

-

-

Assets Non-Current

-

-

-

-

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$335,754,000 (-3.63%)

$348,389,000 (-13.01%)

$400,484,000 (-1.13%)

$405,049,000 (11.18%)

Property Plant & Equipment Net

$2,024,305,000 (7.01%)

$1,891,635,000 (10.00%)

$1,719,661,000 (5.24%)

$1,634,013,000 (7.71%)

Cash & Equivalents

$10,299,000 (22.51%)

$8,407,000 (-36.69%)

$13,279,000 (-9.01%)

$14,594,000 (-45.66%)

Accumulated Other Comprehensive Income

$2,966,000 (47.27%)

$2,014,000 (-29.38%)

$2,852,000 (0%)

$0 (0%)

Deferred Revenue

$23,033,000 (1.25%)

$22,748,000 (-1.82%)

$23,169,000 (-8.02%)

$25,188,000 (8.14%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

-

-

-

-

Investments Non-Current

-

-

-

-

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$50,949,000 (-9.07%)

$56,032,000 (-0.52%)

$56,323,000 (-3.98%)

$58,659,000 (-9.64%)

Trade & Non-Trade Payables

$46,162,000 (-19.05%)

$57,022,000 (32.68%)

$42,978,000 (68.16%)

$25,558,000 (4.81%)

Accumulated Retained Earnings (Deficit)

-$306,541,000 (-6.13%)

-$288,825,000 (-5.58%)

-$273,559,000 (-6.67%)

-$256,448,000 (-6.17%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$1,532,616,000 (10.50%)

$1,387,001,000 (13.42%)

$1,222,900,000 (6.91%)

$1,143,856,000 (-0.61%)

Debt Current

-

-

-

-

Debt Non-Current

-

-

-

-

Total Liabilities

$1,625,280,000 (9.10%)

$1,489,708,000 (13.59%)

$1,311,500,000 (7.83%)

$1,216,274,000 (-0.14%)

Liabilities Current

-

-

-

-

Liabilities Non-Current

-

-

-

-

BFS Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$268,847,000 (4.53%)

$257,207,000 (4.62%)

$245,860,000 (2.77%)

$239,225,000 (6.22%)

Cost of Revenue

$72,061,000 (7.33%)

$67,139,000 (4.06%)

$64,522,000 (4.70%)

$61,628,000 (5.50%)

Selling General & Administrative Expense

$25,066,000 (6.85%)

$23,459,000 (4.77%)

$22,392,000 (10.57%)

$20,252,000 (5.99%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$75,387,000 (4.87%)

$71,889,000 (0.74%)

$71,361,000 (1.19%)

$70,524,000 (0.41%)

Interest Expense

$53,696,000 (9.24%)

$49,153,000 (11.87%)

$43,937,000 (-3.27%)

$45,424,000 (-2.35%)

Income Tax Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$67,703,000 (-1.92%)

$69,026,000 (5.56%)

$65,392,000 (6.07%)

$61,649,000 (22.52%)

Net Income to Non-Controlling Interests

$17,054,000 (4.39%)

$16,337,000 (7.49%)

$15,198,000 (14.62%)

$13,260,000 (33.48%)

Net Income

$50,649,000 (-3.87%)

$52,689,000 (4.97%)

$50,194,000 (3.73%)

$48,389,000 (19.83%)

Preferred Dividends Income Statement Impact

$11,194,000 (0.00%)

$11,194,000 (0.00%)

$11,194,000 (0.00%)

$11,194,000 (0.00%)

Net Income Common Stock

$39,455,000 (-4.92%)

$41,495,000 (6.40%)

$39,000,000 (4.85%)

$37,195,000 (27.43%)

Weighted Average Shares

$24,170,810 (0.95%)

$23,943,816 (0.20%)

$23,895,185 (0.82%)

$23,700,000 (1.28%)

Weighted Average Shares Diluted

-

-

-

-

Earning Before Interest & Taxes (EBIT)

$104,345,000 (2.46%)

$101,842,000 (8.19%)

$94,131,000 (0.34%)

$93,813,000 (7.95%)

Gross Profit

$196,786,000 (3.53%)

$190,068,000 (4.81%)

$181,338,000 (2.11%)

$177,597,000 (6.48%)

Operating Income

$121,399,000 (2.72%)

$118,179,000 (7.46%)

$109,977,000 (2.71%)

$107,073,000 (10.89%)

BFS Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$188,732,000 (7.34%)

-$203,681,000 (-74.25%)

-$116,888,000 (-109.03%)

-$55,918,000 (0.42%)

Net Cash Flow from Financing

$69,400,000 (-14.41%)

$81,082,000 (1553.60%)

-$5,578,000 (92.54%)

-$74,771,000 (-707.11%)

Net Cash Flow from Operations

$121,224,000 (2.97%)

$117,727,000 (-2.83%)

$121,151,000 (2.30%)

$118,427,000 (51.11%)

Net Cash Flow / Change in Cash & Cash Equivalents

$1,892,000 (138.83%)

-$4,872,000 (-270.49%)

-$1,315,000 (89.28%)

-$12,262,000 (-194.68%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$188,732,000 (7.34%)

-$203,681,000 (-74.25%)

-$116,888,000 (-109.03%)

-$55,918,000 (0.42%)

Issuance (Repayment) of Debt Securities

$146,404,000 (-12.65%)

$167,603,000 (101.78%)

$83,061,000 (1689.99%)

-$5,224,000 (-108.81%)

Issuance (Purchase) of Equity Shares

$2,406,000 (7.51%)

$2,238,000 (-72.62%)

$8,173,000 (-43.34%)

$14,425,000 (74.55%)

Payment of Dividends & Other Cash Distributions

-$56,894,000 (-0.30%)

-$56,722,000 (-2.16%)

-$55,523,000 (-8.95%)

-$50,963,000 (-3.20%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$1,723,000 (21.25%)

$1,421,000 (-6.57%)

$1,521,000 (-2.62%)

$1,562,000 (8.62%)

Depreciation Amortization & Accretion

$50,502,000 (4.28%)

$48,430,000 (-1.10%)

$48,969,000 (-2.59%)

$50,272,000 (-1.67%)

BFS Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

73.20% (-0.95%)

73.90% (0.14%)

73.80% (-0.54%)

74.20% (0.13%)

Profit Margin

14.70% (-8.70%)

16.10% (1.26%)

15.90% (2.58%)

15.50% (19.23%)

EBITDA Margin

57.60% (-1.37%)

58.40% (0.34%)

58.20% (-3.32%)

60.20% (-1.79%)

Return on Average Equity (ROAE)

11.50% (6.48%)

10.80% (12.50%)

9.60% (11.63%)

8.60% (8.86%)

Return on Average Assets (ROAA)

1.90% (-9.52%)

2.10% (-4.55%)

2.20% (4.76%)

2.10% (16.67%)

Return on Sales (ROS)

38.80% (-2.02%)

39.60% (3.39%)

38.30% (-2.30%)

39.20% (1.55%)

Return on Invested Capital (ROIC)

2.90% (-6.45%)

3.10% (-3.13%)

3.20% (-3.03%)

3.30% (6.45%)

Dividend Yield

6.10% (1.67%)

6.00% (5.26%)

5.70% (39.02%)

4.10% (-38.81%)

Price to Earnings Ratio (P/E)

23.66 (4.23%)

22.7 (-9.05%)

24.96 (-26.10%)

33.77 (33.25%)

Price to Sales Ratio (P/S)

3.49 (-4.60%)

3.66 (-7.54%)

3.95 (-24.73%)

5.25 (59.57%)

Price to Book Ratio (P/B)

2.79 (3.48%)

2.7 (11.21%)

2.43 (-21.76%)

3.1 (52.43%)

Debt to Equity Ratio (D/E)

4.84 (13.21%)

4.28 (30.56%)

3.27 (9.06%)

3 (-10.17%)

Earnings Per Share (EPS)

1.64 (-5.20%)

1.73 (6.13%)

1.63 (3.82%)

1.57 (25.60%)

Sales Per Share (SPS)

11.12 (3.55%)

10.74 (4.40%)

10.29 (1.93%)

10.09 (4.88%)

Free Cash Flow Per Share (FCFPS)

-2.79 (22.20%)

-3.59 (-2116.85%)

0.18 (-93.25%)

2.64 (177.98%)

Book Value Per Share (BVPS)

13.89 (-4.53%)

14.55 (-13.19%)

16.76 (-1.94%)

17.09 (9.78%)

Tangible Assets Book Value Per Share (TABVPS)

87.97 (5.63%)

83.28 (8.55%)

76.72 (4.10%)

73.7 (4.80%)

Enterprise Value Over EBIT (EV/EBIT)

23 (4.55%)

22 (-4.35%)

23 (-8.00%)

25 (19.05%)

Enterprise Value Over EBITDA (EV/EBITDA)

15.65 (3.29%)

15.15 (0.58%)

15.07 (-8.81%)

16.52 (22.42%)

Asset Turnover

0.13 (-3.01%)

0.13 (-2.92%)

0.14 (-0.72%)

0.14 (2.22%)

Current Ratio

-

-

-

-

Dividends

$2.36 (0.00%)

$2.36 (1.72%)

$2.32 (7.41%)

$2.16 (1.89%)

Free Cash Flow (FCF)

-$67,508,000 (21.46%)

-$85,954,000 (-2116.28%)

$4,263,000 (-93.18%)

$62,509,000 (181.38%)

Enterprise Value (EV)

$2,423,512,428 (6.43%)

$2,276,999,654 (5.61%)

$2,155,965,126 (-9.44%)

$2,380,592,000 (27.80%)

Earnings Before Tax (EBT)

$50,649,000 (-3.87%)

$52,689,000 (4.97%)

$50,194,000 (3.73%)

$48,389,000 (19.83%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$154,847,000 (3.04%)

$150,272,000 (5.01%)

$143,100,000 (-0.68%)

$144,085,000 (4.39%)

Invested Capital

$3,648,721,000 (8.18%)

$3,372,731,000 (10.84%)

$3,042,923,000 (5.80%)

$2,876,023,000 (3.84%)

Working Capital

-

-

-

-

Tangible Asset Value

$2,126,404,000 (6.63%)

$1,994,137,000 (8.77%)

$1,833,302,000 (4.95%)

$1,746,761,000 (6.15%)

Market Capitalization

$937,827,428 (-0.26%)

$940,273,654 (-3.27%)

$972,056,126 (-22.64%)

$1,256,574,000 (69.51%)

Average Equity

$342,588,750 (-10.66%)

$383,466,000 (-5.14%)

$404,229,500 (-6.64%)

$432,962,250 (16.89%)

Average Assets

$2,085,332,750 (7.91%)

$1,932,439,750 (7.64%)

$1,795,339,500 (3.22%)

$1,739,374,250 (4.49%)

Invested Capital Average

$3,546,661,250 (9.41%)

$3,241,718,000 (9.36%)

$2,964,132,000 (3.35%)

$2,868,133,250 (3.36%)

Shares

24,170,810 (0.95%)

23,943,816 (0.20%)

23,895,185 (0.82%)

23,700,000 (1.28%)