Saul Centers (BFS) FY2022 results: revenue $246 million, up 2.8% on the year
Saul Centers, Inc. (BFS) reported revenue of $246 million for fiscal 2022, the year ended 31 December 2022, up 2.8% on the year before. Net income was $50 million, up 3.7%, and diluted earnings per share $1.63. The figures are the company's own, from the 10-K it filed with the SEC on 2 March 2023.
Revenue
$246 million
+2.8% on the year
FY2015FY2022
Operating margin
73.4%
25.8% a year earlier
FY2015FY2022
Net income
$50 million
+3.7% on the year
FY2015FY2022
Diluted EPS
$1.63
+3.8% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
121
118
78.4
+2.3%
Capital expenditure
101
28.2
37.1
+258.2%
Free cash flow
20.0
90.2
41.3
-77.8%
Free cash flow margin
8.2%
37.7%
18.3%
Cash from investing
-117
-55.9
-56.2
Cash from financing
-5.6
-74.8
-9.3
Depreciation and amortisation
49.0
50.3
51.1
-2.6%
Share-based compensation
1.5
1.6
1.4
-2.6%
Dividends paid
55.5
51.0
49.4
+8.9%
Dividend per share
$2.32
$2.16
$2.12
+7.4%
Diluted shares, weighted
24m
24m
23m
+1.3%
Shares outstanding at period end
24m
24m
23m
+0.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
400
405
364
-1.1%
Non-controlling interest
121
125
63.2
-3.3%
Debt
1,223
1,144
1,006
+6.9%
Other liabilities
88.6
72.4
212
+22.3%
Total liabilities and equity
1,833
1,747
1,646
+5.0%
Cash and equivalents
13.3
14.6
26.9
-9.0%
Other assets
1,820
1,732
1,619
+5.1%
Total assets
1,833
1,747
1,646
+5.0%
10-K for the year ended 31 December 2022, filed 2 March 2023: the filing.