Saul Centers, Inc.
Saul Centers, Inc. (NYSE: BFS) is a real estate investment trust that owns, develops, leases and manages grocery-anchored shopping centers and mixed-use properties, serving retail, office and residential tenants. Its portfolio is concentrated in the Washington, DC and Baltimore metropolitan area and includes community… From the company’s description.
Over the twelve months to Sep 30, 2026, Saul Centers, Inc. reported revenue of $308.62M, up 9.2% from a year earlier, and net income of $44.42M. Its operating margin was 40.3%, and operations generated $96.24M in cash. In fiscal 2025, it reported revenue of $289.84M, up 7.8% from fiscal 2024, and net income of $49.22M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Saul Centers, Inc. does
In the company’s own words
Saul Centers, Inc. (NYSE: BFS) is a real estate investment trust that owns, develops, leases and manages grocery-anchored shopping centers and mixed-use properties, serving retail, office and residential tenants. Its portfolio is concentrated in the Washington, DC and Baltimore metropolitan area and includes community and neighborhood shopping centers as well as properties combining retail, office and multifamily residential uses. The company manages property operations, leasing, design, renovation and development internally and does not provide management services to third parties. As of December 31, 2025, its portfolio comprised 50 shopping centers, nine mixed-use properties and three non-operating development properties. Thirty-four properties have grocery-store anchors. Current projects include Twinbrook Quarter, with apartments and retail including a Wegmans supermarket, and Hampden House, a residential and retail development. The company was formed in 1993 to continue and expand a shopping-center business previously conducted by affiliated entities, and has since developed and acquired additional properties. Its website is www.saulcenters.com.
Company details
- Sector
- Real Estate
- Industry (SIC)
- REITs
- Headquarters
- BETHESDA, MD
- Fiscal year end
- December
- CIK
- 907254
- SIC
- 6798
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Saul Centers, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Saul Centers, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do Saul Centers, Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of Saul Centers, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in Saul Centers, Inc.'s last four quarterly filings that the numbers alone won't show?”