Saul Centers, Inc.

BFSNYSEReal Estate● Active

$36.46

$-0.08(-0.22%)

Market Cap$894313973

P/E Ratio—

52W High$36.875

52W Low$29.16

Avg Volume59K

Open$36.79

Beta0.89

Free Cash Flow Financials Revenue

Saul Centers, Inc. (BFS) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

BFS · free cash flow · updated Jun 8, 2026

Core FCF metrics

BFS · FCF · TTM · margin & CAGR

Free cash flow was $99.8M for FY2025 (fiscal year ending 2025-12-31), down 17.7% year-over-year The FCF margin was 34.2%. Five-year CAGR stands at -5.8%.

FY2025 Free Cash Flow$99.8M▼ -17.7% YoY

Trailing 12M (TTM)$98.7Mtrailing 4 quarters sum

FCF Margin34.2%$99.8M ÷ revenue

3-Year CAGR-10.7%FY2022 → FY2025

5-Year CAGR-5.8%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

BFS · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$99.8M(0M)$99.8M▼ 17.7%34.2%

FY2024$121.2M(0M)$121.2M▲ +3.0%45.1%

FY2023$117.7M(0M)$117.7M▼ 16.0%45.8%

FY2022$121.2M(19M)$140.2M▲ +18.4%57.0%

FY2021$118.4M(0M)$118.4M▼ 12.0%49.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

BFS · P/FCF · FCF yield · FCF per share

Saul Centers, Inc. (BFS) trades at a FCF yield of 10.96% and a price-to-free-cash-flow ratio of 8.9x. FCF per share stands at $4.08, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

10.96%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$4.08

TTM FCF ÷ Shares Outstanding

Price / FCF

x8.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x25.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

BFS · cash flow statement · operating / investing / financing

For FY2025, Saul Centers, Inc. generated $99.8M in operating cash flow and spent 0M in capital expenditures, yielding $99.8M in free cash flow.

Operating Activities

+$99.8M

Cash from core business operations

2025-12-31

Investing Activities

−$95.8M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$5.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($99.8M) − |CapEx| (0M) = FCF ($99.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Real Estate)

BFS vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Saul Centers, Inc.YOU

BFS

$99.8M-17.7%34.2%

American Tower Corporation

AMT

$3.78B+2.2%35.5%

76%

Simon Property Group, Inc.

Real Estate · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Saul Centers, Inc. (BFS) reported free cash flow of $99.8M for FY2025 (fiscal year ending 2025-12-31), down 17.7% year-over-year. The FCF margin was 34.2%.

Based on available data, Saul Centers, Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $140.2M in FY2022. The 5-year CAGR stands at -5.8%.

Saul Centers, Inc.'s FCF yield is 10.96% and price-to-FCF ratio is 8.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

BFS free cash flow · 8 questions

Saul Centers, Inc. free cash flow was $99.8M for FY2025, down 17.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $98.7M.

BFS free cash flowBFS FCFBFS FCF 2025BFS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Saul Centers, Inc. · Saul Centers, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026