SAUL CENTERS, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that SAUL CENTERS, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $289.84M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $268.85M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $257.21M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $245.86M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $239.23M | Feb 29, 2024 |
| FY2020 | Dec 31, 2020 | $58.28M | Feb 25, 2021 |
| FY2020 | Sep 30, 2020 | $56.76M | Feb 25, 2021 |
| FY2020 | Jun 30, 2020 | $53.22M | Feb 25, 2021 |
| FY2020 | Mar 31, 2020 | $56.94M | Feb 25, 2021 |
| FY2020 | Dec 31, 2019 | $56.58M | Feb 25, 2021 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $190.07M | Feb 29, 2024 |
| FY2023 | Dec 31, 2022 | $181.34M | Feb 29, 2024 |
| FY2023 | Dec 31, 2021 | $177.60M | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | $166.79M | Mar 2, 2023 |
| FY2021 | Dec 31, 2019 | $173.59M | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $171.64M | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $171.61M | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | $163.32M | Feb 26, 2019 |
| FY2017 | Dec 31, 2015 | $157.93M | Feb 27, 2018 |
| FY2016 | Dec 31, 2014 | $157.58M | Mar 7, 2017 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $37.51M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $50.65M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $52.69M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $50.19M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $48.39M | Feb 29, 2024 |
| FY2020 | Dec 31, 2020 | $9.42M | Feb 25, 2021 |
| FY2020 | Sep 30, 2020 | $9.37M | Feb 25, 2021 |
| FY2020 | Jun 30, 2020 | $8.33M | Feb 25, 2021 |
| FY2020 | Mar 31, 2020 | $13.26M | Feb 25, 2021 |
| FY2020 | Dec 31, 2019 | $12.82M | Feb 25, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $195.32M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $203.77M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $189.40M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $180.52M | Feb 28, 2025 |
| FY2020 | Dec 31, 2020 | $11.68M | Feb 25, 2021 |
| FY2020 | Sep 30, 2020 | $11.60M | Feb 25, 2021 |
| FY2020 | Jun 30, 2020 | $10.21M | Feb 25, 2021 |
| FY2020 | Mar 31, 2020 | $16.83M | Feb 25, 2021 |
| FY2020 | Dec 31, 2019 | $15.04M | Feb 25, 2021 |
| FY2020 | Sep 30, 2019 | $15.33M | Feb 25, 2021 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $99.80M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $121.22M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $117.73M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $121.15M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $118.43M | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | $78.37M | Mar 2, 2023 |
| FY2021 | Dec 31, 2019 | $115.38M | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $110.34M | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $103.45M | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | $89.09M | Feb 26, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $116.89M | Mar 2, 2023 |
| FY2022 | Dec 31, 2021 | $55.92M | Mar 2, 2023 |
| FY2022 | Dec 31, 2020 | $56.15M | Mar 2, 2023 |
| FY2021 | Dec 31, 2019 | $135.66M | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $128.65M | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $119.99M | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | $91.05M | Feb 26, 2019 |
| FY2017 | Dec 31, 2015 | $69.62M | Feb 27, 2018 |
| FY2016 | Dec 31, 2014 | $90.27M | Mar 7, 2017 |
| FY2015 | Dec 31, 2013 | $26.44M | Mar 4, 2016 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.16B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $2.13B | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $1.99B | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $1.83B | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $1.75B | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | $1.65B | Mar 2, 2023 |
| FY2021 | Dec 31, 2019 | $1.62B | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $1.53B | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $1.42B | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | $1.34B | Feb 26, 2019 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.69B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $1.63B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $1.49B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $1.31B | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $1.22B | Mar 2, 2023 |
| FY2021 | Dec 31, 2020 | $1.22B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $1.17B | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $1.10B | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $1.03B | Feb 26, 2019 |
| FY2017 | Dec 31, 2016 | $969.78M | Feb 27, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $307.82M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $335.75M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $348.39M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $400.48M | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $405.05M | Mar 2, 2023 |
| FY2021 | Dec 31, 2020 | $364.33M | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $374.98M | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $355.91M | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $334.41M | Feb 26, 2019 |
| FY2017 | Dec 31, 2016 | $318.51M | Feb 27, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($337.71M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | ($306.54M) | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | ($288.83M) | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | ($273.56M) | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | ($256.45M) | Mar 2, 2023 |
| FY2021 | Dec 31, 2020 | ($241.54M) | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | ($221.18M) | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | ($208.59M) | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | ($197.71M) | Feb 26, 2019 |
| FY2017 | Dec 31, 2016 | ($188.58M) | Feb 27, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.74M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $10.30M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $8.41M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $13.28M | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $14.59M | Mar 2, 2023 |
| FY2021 | Dec 31, 2020 | $26.86M | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $13.91M | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $14.58M | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $10.91M | Feb 26, 2019 |
| FY2018 | Dec 31, 2016 | $8.32M | Feb 26, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $468.45M | Feb 27, 2026 |
| FY2024 | Dec 31, 2024 | $455.79M | Feb 28, 2025 |
| FY2023 | Dec 31, 2023 | $332.33M | Feb 29, 2024 |
| FY2022 | Dec 31, 2022 | $320.80M | Mar 2, 2023 |
| FY2021 | Dec 31, 2021 | $237.41M | Feb 24, 2022 |
| FY2020 | Dec 31, 2020 | $268.16M | Feb 25, 2021 |
| FY2019 | Dec 31, 2019 | $271.66M | Feb 27, 2020 |
| FY2018 | Dec 31, 2018 | $251.36M | Feb 26, 2019 |
| FY2017 | Dec 31, 2017 | $284.63M | Feb 27, 2018 |
| FY2016 | Dec 31, 2016 | $231.80M | Mar 7, 2017 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 1 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | 1 | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | 1 | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | 1 | Mar 2, 2023 |
| FY2021 | Dec 31, 2019 | 1 | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | 1 | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | 1 | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | 1 | Feb 26, 2019 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 1 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | 1 | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | 1 | Feb 29, 2024 |
| FY2020 | Dec 31, 2020 | 0 | Feb 25, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Feb 25, 2021 |
| FY2020 | Jun 30, 2020 | 0 | Feb 25, 2021 |
| FY2020 | Mar 31, 2020 | 0 | Feb 25, 2021 |
| FY2019 | Dec 31, 2019 | 0 | Feb 27, 2020 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 24.55M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 24.30M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | 24.08M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | 24.02M | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | 23.84M | Mar 2, 2023 |
| FY2021 | Dec 31, 2020 | 23.48M | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | 23.23M | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | 22.74M | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | 22.12M | Feb 26, 2019 |
| FY2017 | Dec 31, 2016 | 21.70M | Feb 27, 2018 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $57.15M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $56.89M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $56.72M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $55.52M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $50.96M | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | $49.38M | Mar 2, 2023 |
| FY2021 | Dec 31, 2019 | $48.57M | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $46.31M | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $44.58M | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | $39.47M | Feb 26, 2019 |