SAUL CENTERS INC.

EDGAR

Annual consolidated revenue for 2025: about USD 289.8M, using the latest reported figures. The previous period, 2024, was about USD 268.8M.

Watchlist

Latest quarter

Revenue

76.8 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

67.71%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 51993000 USD Source
  • Revenue: 76791000 USD Source

Operating cash flow

30.8 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 60060000 USD Source
  • Operating Cash Flow: 29286000 USD Source
Cash and cash equivalents
5.88 million USD Source
Exact value

5877000 USD

Long-term debt including current maturities
1.6 billion USD Source
Exact value

1604142000 USD

Shares outstanding
24.8 million shares Source
Exact value

24777583 shares

Reported share-count change

1.25% · 306 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 24471554 shares · 2025-06-30· Source
  • 24777583 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

302 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 72004000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 289843000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 214694000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 78259000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 76791000 USD · 2026-04-01 – 2026-06-30 Source

Net income

34.9 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: 10489000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: 37511000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 31008000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 9118000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 8753000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

103 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 77609000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 56978000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 99796000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 77609000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 29286000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 60060000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 29286000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-06.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 8 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 8 of 11 periods available· newest 2022-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 11 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +7.8%

    Prior period

    USD 268.85 million

    –

    Current period

    USD 289.84 million

    –

    Exact inputs and evidence

    289843000 − 268847000 = 20996000 USD

    268847000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    289843000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    -25.9%

    Prior period

    USD 50.65 million

    –

    Current period

    USD 37.51 million

    –

    Exact inputs and evidence

    37511000 − 50649000 = -13138000 USD

    50649000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    37511000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    -17.7%

    Prior period

    USD 121.22 million

    –

    Current period

    USD 99.8 million

    –

    Exact inputs and evidence

    99796000 − 121224000 = -21428000 USD

    121224000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    99796000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 289.84 million 100% of revenue
  • Operating costs Derived USD 94.52 million 33% of revenue
  • Operating income USD 195.32 million 67% of revenue
  • Tax, interest and other Derived USD 157.81 million 54% of revenue
  • Net income USD 37.51 million 13% of revenue

Cash

  • Operating cash flow USD 99.8 million 34% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 21%74%
  • 2017 21%73%
  • 2018 22%72%
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 20%53%27%
  • 2023 20%53%26%
  • 2024 19%57%24%
  • 2025 13%54%33%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31217019000 161306000 Derived 55713000 10434000 Derived 45279000 -1955000 Derived
Source
2017 2017-01-01 – 2017-12-31226299000 165701000 Derived 60598000 12341000 Derived 48257000 -16544000 Derived
Source
2018 2018-01-01 – 2018-12-31227219000 164666000 Derived 62553000 11999000 Derived 50554000 -18311000 Derived
Source
2019 2019-01-01 – 2019-12-31231525000 UnavailableUnavailableUnavailable51723000 -20280000 Derived
Source
2020 2020-01-01 – 2020-12-31225207000 UnavailableUnavailableUnavailable40382000 22215000 Derived
Source
2021 2021-01-01 – 2021-12-31239225000 UnavailableUnavailableUnavailable48389000 62509000 Derived
Source
2022 2022-01-01 – 2022-12-31245860000 65336000 Derived 180524000 130330000 Derived 50194000 4263000 Derived
Source
2023 2023-01-01 – 2023-12-31257207000 67805000 Derived 189402000 136713000 Derived 52689000 Unavailable
Source
2024 2024-01-01 – 2024-12-31268847000 65082000 Derived 203765000 153116000 Derived 50649000 Unavailable
Source
2025 2025-01-01 – 2025-12-31289843000 94524000 Derived 195319000 157808000 Derived 37511000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 289.8M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.313.0M234.8M156.5M78.3M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue217019000
2017Revenue226299000
2018Revenue227219000
2019Revenue231525000
2020Revenue225207000
2021Revenue239225000
2022Revenue245860000
2023Revenue257207000
2024Revenue268847000
2025Revenue289843000

Revenue growth

Change in revenue from the same financial period one year earlier.

7.8% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.8.7%5.6%2.5%-0.5%-3.6%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year3.8%
2017Year over year4.3%
2018Year over year0.4%
2019Year over year1.9%
2020Year over year-2.7%
2021Year over year6.2%
2022Year over year2.8%
2023Year over year4.6%
2024Year over year4.5%
2025Year over year7.8%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 67.4% 2025
Net margin 12.9% 2025
Free cash flow margin 1.7% 2022
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.83%58%34%9%-16%20162021-12-312025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin25.7%
2017Operating margin26.8%
2018Operating margin27.5%
2019-12-31Operating marginNot reported
2020-12-31Operating marginNot reported
2021-12-31Operating marginNot reported
2022Operating margin73.4%
2023Operating margin73.6%
2024Operating margin75.8%
2025Operating margin67.4%
2016Net margin20.9%
2017Net margin21.3%
2018Net margin22.2%
2019Net margin22.3%
2020Net margin17.9%
2021Net margin20.2%
2022Net margin20.4%
2023Net margin20.5%
2024Net margin18.8%
2025Net margin12.9%
2016Free cash flow margin-0.9%
2017Free cash flow margin-7.3%
2018Free cash flow margin-8.1%
2019Free cash flow margin-8.8%
2020Free cash flow margin9.9%
2021Free cash flow margin26.1%
2022Free cash flow margin1.7%
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 99.8M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.130.9M98.2M65.5M32.7M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow89090000
2017Operating cash flow103450000
2018Operating cash flow110339000
2019Operating cash flow115383000
2020Operating cash flow78369000
2021Operating cash flow118427000
2022Operating cash flow121151000
2023Operating cash flow117727000
2024Operating cash flow121224000
2025Operating cash flow99796000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 4.3M 2022
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.69.1M45.1M21.1M-2.9M-26.9M201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow-1955000
2017Free cash flow-16544000
2018Free cash flow-18311000
2019Free cash flow-20280000
2020Free cash flow22215000
2021Free cash flow62509000
2022Free cash flow4263000
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

77.9% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.84%63%42%21%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets72.2%
2017Liabilities / assets72.4%
2018Liabilities / assets72.2%
2019Liabilities / assets72.6%
2020Liabilities / assets74%
2021Liabilities / assets69.6%
2022Liabilities / assets71.5%
2023Liabilities / assets74.7%
2024Liabilities / assets76.4%
2025Liabilities / assets77.9%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 45.28 million
Exact value

Exact value: 45279000 USD

2016-01-01 – 2016-12-31: 45279000 USD Inspect Net Income Open source
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USD 89.09 million
Exact value

Exact value: 89090000 USD

2016-01-01 – 2016-12-31: 89090000 USD Inspect Operating Cash Flow Open source
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USD 91.05 million
Exact value

Exact value: 91045000 USD

2016-01-01 – 2016-12-31: 91045000 USD Inspect Capital Expenditure Open source
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−USD 1.96 million
Calculation and evidence

89090000 − 91045000 USD

Exact free cash flow: -1955000 USD

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2017 2017-01-01 – 2017-12-31
USD 48.26 million
Exact value

Exact value: 48257000 USD

2017-01-01 – 2017-12-31: 48257000 USD Inspect Net Income Open source
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USD 103.45 million
Exact value

Exact value: 103450000 USD

2017-01-01 – 2017-12-31: 103450000 USD Inspect Operating Cash Flow Open source
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USD 119.99 million
Exact value

Exact value: 119994000 USD

2017-01-01 – 2017-12-31: 119994000 USD Inspect Capital Expenditure Open source
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−USD 16.54 million
Calculation and evidence

103450000 − 119994000 USD

Exact free cash flow: -16544000 USD

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2018 2018-01-01 – 2018-12-31
USD 50.55 million
Exact value

Exact value: 50554000 USD

2018-01-01 – 2018-12-31: 50554000 USD Inspect Net Income Open source
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USD 110.34 million
Exact value

Exact value: 110339000 USD

2018-01-01 – 2018-12-31: 110339000 USD Inspect Operating Cash Flow Open source
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USD 128.65 million
Exact value

Exact value: 128650000 USD

2018-01-01 – 2018-12-31: 128650000 USD Inspect Capital Expenditure Open source
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−USD 18.31 million
Calculation and evidence

110339000 − 128650000 USD

Exact free cash flow: -18311000 USD

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2019 2019-01-01 – 2019-12-31
USD 51.72 million
Exact value

Exact value: 51723000 USD

2019-01-01 – 2019-12-31: 51723000 USD Inspect Net Income Open source
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USD 115.38 million
Exact value

Exact value: 115383000 USD

2019-01-01 – 2019-12-31: 115383000 USD Inspect Operating Cash Flow Open source
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USD 135.66 million
Exact value

Exact value: 135663000 USD

2019-01-01 – 2019-12-31: 135663000 USD Inspect Capital Expenditure Open source
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−USD 20.28 million
Calculation and evidence

115383000 − 135663000 USD

Exact free cash flow: -20280000 USD

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2020 2020-01-01 – 2020-12-31
USD 40.38 million
Exact value

Exact value: 40382000 USD

2020-01-01 – 2020-12-31: 40382000 USD Inspect Net Income Open source
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USD 78.37 million
Exact value

Exact value: 78369000 USD

2020-01-01 – 2020-12-31: 78369000 USD Inspect Operating Cash Flow Open source
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USD 56.15 million
Exact value

Exact value: 56154000 USD

2020-01-01 – 2020-12-31: 56154000 USD Inspect Capital Expenditure Open source
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USD 22.22 million
Calculation and evidence

78369000 − 56154000 USD

Exact free cash flow: 22215000 USD

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2021 2021-01-01 – 2021-12-31
USD 48.39 million
Exact value

Exact value: 48389000 USD

2021-01-01 – 2021-12-31: 48389000 USD Inspect Net Income Open source
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USD 118.43 million
Exact value

Exact value: 118427000 USD

2021-01-01 – 2021-12-31: 118427000 USD Inspect Operating Cash Flow Open source
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USD 55.92 million
Exact value

Exact value: 55918000 USD

2021-01-01 – 2021-12-31: 55918000 USD Inspect Capital Expenditure Open source
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USD 62.51 million
Calculation and evidence

118427000 − 55918000 USD

Exact free cash flow: 62509000 USD

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2022 2022-01-01 – 2022-12-31
USD 50.19 million
Exact value

Exact value: 50194000 USD

2022-01-01 – 2022-12-31: 50194000 USD Inspect Net Income Open source
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USD 121.15 million
Exact value

Exact value: 121151000 USD

2022-01-01 – 2022-12-31: 121151000 USD Inspect Operating Cash Flow Open source
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USD 116.89 million
Exact value

Exact value: 116888000 USD

2022-01-01 – 2022-12-31: 116888000 USD Inspect Capital Expenditure Open source
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USD 4.26 million
Calculation and evidence

121151000 − 116888000 USD

Exact free cash flow: 4263000 USD

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2023 2023-01-01 – 2023-12-31
USD 52.69 million
Exact value

Exact value: 52689000 USD

2023-01-01 – 2023-12-31: 52689000 USD Inspect Net Income Open source
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USD 117.73 million
Exact value

Exact value: 117727000 USD

2023-01-01 – 2023-12-31: 117727000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 50.65 million
Exact value

Exact value: 50649000 USD

2024-01-01 – 2024-12-31: 50649000 USD Inspect Net Income Open source
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USD 121.22 million
Exact value

Exact value: 121224000 USD

2024-01-01 – 2024-12-31: 121224000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
USD 37.51 million
Exact value

Exact value: 37511000 USD

2025-01-01 – 2025-12-31: 37511000 USD Inspect Net Income Open source
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USD 99.8 million
Exact value

Exact value: 99796000 USD

2025-01-01 – 2025-12-31: 99796000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

205 filings · 4,991 latest values · 4,991 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000907254, 907254, BFS, BFS-PD, BFS-PE, edgar:907254

Also known as SAUL CENTERS INC, SAUL CENTERS INC., SAUL CENTERS, INC.