BFSSaul Centers, Inc.

$837M

Q1 2025 Earnings

Real Estate REIT - Retail

Income Statement

Revenue

$72M+7.7% YoY

Gross Profit

$50M69.8% margin

Operating Income

$30M41.2% margin

Net Income

$10M13.6% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$30M

Free Cash Flow

$30M

Stock-Based Comp.

$428,000

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.6B

Stockholders' Equity

$328M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$72M	$67M	+7.7%
Gross Profit	$50M	$49M	+3.3%
Operating Income	$30M	$31M	-3.6%
Net Income	$10M	$14M	-28.1%

BFS Q1 2025 Earnings — Saul Centers, Inc. Revenue & Financial Results | Market Cap Arena