Saul CentersBFS +0.82%77 Pretax Margin % is 15.39% as of Mar. 2026, which is 42% below its 10-year median of 26.37. 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 927 REITs companies, Saul Centers ranks worse than 74.33% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Saul Centers's Pre-Tax Income for the
three
months ended in Mar. 2026 was $12.0 Mil. Saul Centers's Revenue for the
three
months ended in Mar. 2026 was $78.3 Mil. Therefore, Saul Centers's pretax margin for the quarter that ended in Mar. 2026 was 15.39%.
The historical rank and industry rank for Saul Centers's Pretax Margin % or its related term are showing as below:
BFS'
s Pretax Margin % Range Over the Past 10 Years
Min: 16.34 Med: 26.37 Max: 27.75
Current: 16.34
BFS's Pretax Margin % is ranked worse than 74.33% of 927
companies
in the REITs industry
Industry Median: 46.93
vs BFS: 16.34
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Saul Centers Pretax Margin % Related Terms
Saul Centers Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Saul Centers's Pretax 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.
For the REIT - Retail subindustry, Saul Centers's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Saul Centers's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Saul Centers's Pretax Margin % falls into.
* 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 (BFS) has a Pretax Margin % of 15.39% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Saul Centers and its competitors. This is 42% below median its historical median of 26.37. Over the past decade, Saul Centers' Pretax Margin % has ranged from 16.34 to 27.75. According to the industry distribution chart, Saul Centers ranks #689 out of 927 companies in the REITs industry, placing it in the top 74.3%.
Is Saul Centers' Pretax Margin % too high?
Saul Centers' current Pretax Margin % of 15.39% is 42% below median its 10-year median of 26.37. Over the past 10 years, this metric has ranged from a low of 16.34 to a high of 27.75. The REITs industry median Pretax Margin % is 46.93. Saul Centers' value of 15.39% is 67.2% below this industry median. Based on the distribution chart, Saul Centers ranks #689 out of 927 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' Pretax Margin % compare to WSR and ALX?
According to the REITs industry distribution chart, Saul Centers ranks #689 out of 927 companies for Pretax Margin %. This places Saul Centers in the lower half of its industry. The industry median Pretax Margin % is 46.93. Saul Centers' value of 15.39% is 67.2% below this benchmark. Historically, Saul Centers' own Pretax Margin % has ranged from 16.34 to 27.75 over the past decade. While the company's 10-year median is 26.37 vs. the industry median of 46.93, 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 Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 927 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saul Centers's current Pretax Margin % of 15.39% is 67.2% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Saul Centers and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saul Centers's current Pretax Margin % is 15.39%, which is 42% below median its own 10-year median of 26.37. 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 Pretax Margin % is 15.39%, which is 42% below median its 10-year median of 26.37 and 67.2% below the REITs industry median of 46.93. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Saul Centers (BFS), the current Pretax Margin % is 15.39% 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:
Pretax Margin %: 15.39% (42% below median its 10-year median of 26.37)
GF Value™: $41.81 vs. price of $37.07 (11.3% below fair value)
Industry Position: 67.2% below the REITs median (#689 of 927)
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 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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