BFS (Saul Centers) Net Margin %: 11.65% (As of Mar. 2026) — 43% Below Median


BFS Saul Centers Inc BFS
77 GF Score
Price $37.07
GF Value $41.81
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Saul Centers Net Margin %?

Saul Centers BFS +0.82% 77 Net Margin % is 11.65% as of Mar. 2026, which is 43% below its 10-year median of 20.46. GuruFocus rates BFS with a GF Score™ of 77/100 and a GF Value™ of $41.81 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 928 REITs companies, Saul Centers ranks worse than 74.46% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Saul Centers's Net Income for the three months ended in Mar. 2026 was $9.1 Mil. Saul Centers's Revenue for the three months ended in Mar. 2026 was $78.3 Mil. Therefore, Saul Centers's net margin for the quarter that ended in Mar. 2026 was 11.65%.

The historical rank and industry rank for Saul Centers's Net Margin % or its related term are showing as below:

BFS' s Net Margin % Range Over the Past 10 Years
Min: 12.43   Med: 20.46   Max: 22.34
Current: 12.43


BFS's Net Margin % is ranked worse than
74.46% of 928 companies
in the REITs industry
Industry Median: 45.23 vs BFS: 12.43

Saul Centers  (NYSE:BFS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Saul Centers Net Margin % Related Terms


Saul Centers Net Margin % Historical Data

* Premium members only.

The historical data trend for Saul Centers's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Saul Centers Net Margin % Chart

Saul Centers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.23 20.42 20.49 18.84 12.94

Saul Centers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.64 15.13 14.57 8.65 11.65

BFS vs WSR, ALX, PINE: Net Margin % Comparison

For the REIT - Retail subindustry, Saul Centers's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Saul Centers Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Saul Centers's Net Margin % distribution charts can be found below:

* The bar in red indicates where Saul Centers's Net Margin % falls into.


BFS
77GF Score
Saul Centers Inc BFS
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Saul Centers Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Saul Centers's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=37.511/289.843
=12.94 %

Saul Centers's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=9.118/78.259
=11.65 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 11.65% mean?
Saul Centers (BFS) has a Net Margin % of 11.65% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Saul Centers and its competitors. This is 43% below median its historical median of 20.46. Over the past decade, Saul Centers' Net Margin % has ranged from 12.43 to 22.34. According to the industry distribution chart, Saul Centers ranks #691 out of 928 companies in the REITs industry, placing it in the top 74.5%.
Is Saul Centers' Net Margin % too high?
Saul Centers' current Net Margin % of 11.65% is 43% below median its 10-year median of 20.46. Over the past 10 years, this metric has ranged from a low of 12.43 to a high of 22.34. The REITs industry median Net Margin % is 45.23. Saul Centers' value of 11.65% is 74.2% below this industry median. Based on the distribution chart, Saul Centers ranks #691 out of 928 companies in the REITs industry, which is below the industry midpoint. Overall, Saul Centers has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saul Centers' Net Margin % compare to WSR and ALX?
According to the REITs industry distribution chart, Saul Centers ranks #691 out of 928 companies for Net Margin %. This places Saul Centers in the lower half of its industry. The industry median Net Margin % is 45.23. Saul Centers' value of 11.65% is 74.2% below this benchmark. Historically, Saul Centers' own Net Margin % has ranged from 12.43 to 22.34 over the past decade. While the company's 10-year median is 20.46 vs. the industry median of 45.23, Saul Centers has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saul Centers's current Net Margin % of 11.65% is 74.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Saul Centers and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saul Centers's current Net Margin % is 11.65%, which is 43% below median its own 10-year median of 20.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saul Centers stock overvalued right now?
Based on GuruFocus' analysis, Saul Centers (BFS) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.81, compared to a current price of $37.07 — trading 11.3% below its estimated fair value. The current Net Margin % is 11.65%, which is 43% below median its 10-year median of 20.46 and 74.2% below the REITs industry median of 45.23. Saul Centers' overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Saul Centers (BFS), the current Net Margin % is 11.65% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Saul Centers (BFS) Overvalued in 2026?

Based on GuruFocus' analysis, Saul Centers stock appears to be undervalued. The current stock price of $37.07 is trading 11.3% below its estimated GF Value™ of $41.81. GuruFocus considers Saul Centers to be Modestly Undervalued.

Key valuation signals for BFS:

  • Net Margin %: 11.65% (43% below median its 10-year median of 20.46)
  • GF Value™: $41.81 vs. price of $37.07 (11.3% below fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 74.2% below the REITs median (#691 of 928)

No single metric tells the full story. See the BFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saul Centers Business Description

Industry Real EstateREITs
Other Exchanges BFSpE.PFD:USABFSpD.PFD:USA
Address 7501 Wisconsin Avenue, Suite 1500 East, Bethesda, MD, USA, 20814-6522
Saul Centers Inc is a self-managed real estate investment trust which invests in, operates and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are located in the Washington, D.C. and Batlimore metropolitan areas. Saul Centers operates through two business segments: Shopping Centers segment, which contribute the maximum portion of total revenue; and mixed-use properties.Mixed-Use Properties segment include office, retail and multi-family residential use.
77GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$37.07
Price
$41.81
GF Value