Saul Centers (BFS) FY2021 results: revenue $239 million, up 6.2% on the year
Saul Centers, Inc. (BFS) reported revenue of $239 million for fiscal 2021, the year ended 31 December 2021, up 6.2% on the year before. Net income was $48 million, up 19.8%, and diluted earnings per share $1.57. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$239 million
+6.2% on the year
FY2014FY2021
Operating margin
25.8%
22.2% a year earlier
FY2014FY2021
Net income
$48 million
+19.8% on the year
FY2014FY2021
Diluted EPS
$1.57
+25.6% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
118
78.4
115
+51.0%
Capital expenditure
28.2
37.1
114
-23.8%
Free cash flow
90.2
41.3
1.6
+118.2%
Free cash flow margin
37.7%
18.3%
0.7%
Cash from investing
-55.9
-56.2
-136
Cash from financing
-74.8
-9.3
19.6
Depreciation and amortisation
50.3
51.1
46.3
-1.7%
Share-based compensation
1.6
1.4
1.9
+8.6%
Dividends paid
51.0
49.4
48.6
+3.2%
Dividend per share
$2.16
$2.12
$2.12
+1.9%
Diluted shares, weighted
24m
23m
23m
+1.3%
Shares outstanding at period end
24m
23m
23m
+1.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
405
364
375
+11.2%
Non-controlling interest
125
63.2
68.4
+98.5%
Debt
1,144
1,006
983
+13.7%
Other liabilities
72.4
212
192
-65.8%
Total liabilities and equity
1,747
1,646
1,618
+6.1%
Cash and equivalents
14.6
26.9
13.9
-45.7%
Other assets
1,732
1,619
1,604
+7.0%
Total assets
1,747
1,646
1,618
+6.1%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.