Saul Centers Inc

Chart & Performance

D1W1MN

Profile

Saul Centers, Inc. is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 60 properties which includes (a) 50 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.8 million square feet of leasable area and (b) three land and development properties. Approximately 85% of the Saul Centers' property operating income is generated by properties in the metropolitan Washington, DC/Baltimore area.

URL

http://www.saulcenters.com/

IPO date

Aug 19, 1993

Employees

129

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	257,207 4.62%	245,860 2.77%	239,225 6.22%
Cost of revenue	90,598	86,914	81,880
Unusual Expense (Income)
NOPBT	166,609	158,946	157,345
NOPBT Margin	64.78%	64.65%	65.77%
Operating Taxes		(28,739)	58,684
Tax Rate			37.30%
NOPAT	166,609	187,685	98,661
Net income	52,689 -44.03%	94,131 3,074.74%	2,965 -162.99%
Dividends	(67,916)	(66,717)	(62,156)
Dividend yield	7.19%	6.84%	4.95%
Proceeds from repurchase of equity	2,238	8,173	16,823
BB yield	-0.24%	-0.84%	-1.34%
Debt
Debt current	274,715	161,941	103,167
Long-term debt	1,126,886	1,070,759	1,047,889
Deferred revenue		23,169	25,188
Other long-term liabilities	15,448	326,754	249,630
Net debt	1,393,194	1,215,459	2,883,223
Cash flow
Cash from operating activities	117,727	121,151	118,381
CAPEX		19,006
Cash from investing activities	(203,681)	(116,888)	(55,872)
Cash from financing activities	81,082	(5,578)	(74,771)
FCF	113,436	206,748	102,859
Balance
Cash	8,407	13,279	14,594
Long term investments		3,962	(1,746,761)
Excess cash		4,948
Stockholders' equity	54,470	35,851	93,878
Invested Capital	1,914,178	2,089,677	1,949,161
ROIC	8.32%	9.29%	4.75%
ROCE	8.70%	8.99%	9.26%
EV
Common stock shares outstanding	24,053	23,972	23,662
Price	39.27 -3.47%	40.68 -23.27%	53.02 67.36%
Market cap	944,561 -3.14%	975,181 -22.27%	1,254,559 69.55%
EV	2,678,795	2,496,958	4,448,220
EBITDA	215,039	207,915	207,617
EV/EBITDA	12.46	12.01	21.43
Interest	49,153	43,937	45,424
Interest/NOPBT	29.50%	27.64%	28.87%