Saul Centers (BFS) FY2015 results: revenue $209 million, up 1.0% on the year
Saul Centers, Inc. (BFS) reported revenue of $209 million for fiscal 2015, the year ended 31 December 2015, up 1.0% on the year before. Net income was $42 million, down 9.5%, and diluted earnings per share $1.42. The figures are the company's own, from the 10-K it filed with the SEC on 4 March 2016.
Revenue
$209 million
+1.0% on the year
FY2009FY2015
Operating margin
25.3%
25.1% a year earlier
FY2009FY2015
Net income
$42 million
-9.5% on the year
FY2009FY2015
Diluted EPS
$1.42
-7.8% on the year
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
209
207
198
+1.0%
Gross profit
158
158
150
+0.2%
Gross margin
75.5%
76.1%
75.8%
Operating income
52.9
51.9
35.3
+1.9%
Operating margin
25.3%
25.1%
17.8%
Interest expense
45.9
45.4
45.5
+1.1%
Net income
42.5
46.9
30.9
-9.5%
Net margin
20.3%
22.7%
15.6%
Diluted EPS
$1.42
$1.54
$0.57
-7.8%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
88.9
86.6
73.5
+2.7%
Capital expenditure
45.9
17.8
7.3
+157.9%
Free cash flow
43.0
68.8
66.2
-37.4%
Free cash flow margin
20.6%
33.2%
33.5%
Cash from investing
-69.6
-83.6
-26.0
Cash from financing
-21.4
-8.1
-42.3
Depreciation and amortisation
43.3
41.2
49.1
+5.0%
Share-based compensation
1.4
1.2
1.1
+15.6%
Dividends paid
35.6
32.3
29.2
+10.2%
Dividend per share
$1.69
$1.56
$1.44
+8.3%
Diluted shares, weighted
21m
21m
20m
+1.8%
Shares outstanding at period end
21m
21m
21m
+1.5%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
303
293
277
+3.7%
Non-controlling interest
50.4
46.7
38.4
+7.9%
Debt
823
852
820
-3.4%
Other liabilities
119
65.9
63.5
+80.4%
Total liabilities and equity
1,295
1,257
1,199
+3.0%
Cash and equivalents
10.0
12.1
17.3
-17.5%
Other assets
1,285
1,245
1,181
+3.2%
Total assets
1,295
1,257
1,199
+3.0%
10-K for the year ended 31 December 2015, filed 4 March 2016: the filing.