Saul Centers (BFS) FY2024 results: revenue $269 million, up 4.5% on the year
Saul Centers, Inc. (BFS) reported revenue of $269 million for fiscal 2024, the year ended 31 December 2024, up 4.5% on the year before. Net income was $51 million, down 3.9%, and diluted earnings per share $1.63. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2025.
Revenue
$269 million
+4.5% on the year
FY2017FY2024
Operating margin
75.8%
73.6% a year earlier
FY2017FY2024
Net income
$51 million
-3.9% on the year
FY2017FY2024
Diluted EPS
$1.63
-5.8% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
121
118
121
+3.0%
Capital expenditure
152
177
101
-14.5%
Free cash flow
-30.5
-59.8
20.0
Free cash flow margin
-11.3%
-23.2%
8.2%
Cash from investing
-189
-204
-117
Cash from financing
69.4
81.1
-5.6
-14.4%
Depreciation and amortisation
50.5
48.4
49.0
+4.3%
Share-based compensation
1.7
1.4
1.5
+21.3%
Dividends paid
56.9
56.7
55.5
+0.3%
Dividend per share
$2.36
$2.36
$2.32
0.0%
Diluted shares, weighted
24m
24m
24m
+0.4%
Shares outstanding at period end
24m
24m
24m
+0.9%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
336
348
400
-3.6%
Non-controlling interest
165
156
121
+6.0%
Debt
1,334
1,310
1,223
+1.9%
Other liabilities
291
180
88.6
+61.8%
Total liabilities and equity
2,126
1,994
1,833
+6.6%
Cash and equivalents
10.3
8.4
13.3
+22.5%
Other assets
2,116
1,986
1,820
+6.6%
Total assets
2,126
1,994
1,833
+6.6%
10-K for the year ended 31 December 2024, filed 28 February 2025: the filing.