FSP (Franklin Street Properties) Selling, General, & Admin. Expense: $11.6 Mil (TTM As of Mar. 2026)


FSP Franklin Street Properties Corp FSP
44 GF Score
Price $0.51
GF Value $1.47
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Franklin Street Properties Selling, General, & Admin. Expense?

Franklin Street Properties FSP -0.74% 44 Selling, General, & Admin. Expense is $11.6 Mil as of Mar. 2026. GuruFocus rates FSP with a GF Score™ of 44/100 and a GF Value™ of $1.47 (Possible Value Trap). The stock has 4 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Franklin Street Properties's selling, general, & admin. expense for the three months ended in Mar. 2026 was $2.7 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $11.6 Mil.


Franklin Street Properties  (AMEX:FSP) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Franklin Street Properties Selling, General, & Admin. Expense Related Terms


Franklin Street Properties Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Franklin Street Properties's Selling, General, & Admin. Expense 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.

Franklin Street Properties Selling, General, & Admin. Expense Chart

Franklin Street Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.90 13.89 14.02 13.88 12.43

Franklin Street Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 3.48 3.28 3.03 2.63 2.67

FSP vs CMCT, ONL, NLOP: Selling, General, & Admin. Expense Comparison

For the REIT - Office subindustry, Franklin Street Properties's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Franklin Street Properties Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, Franklin Street Properties's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Franklin Street Properties's Selling, General, & Admin. Expense falls into.


FSP
44GF Score
Franklin Street Properties Corp FSP
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Franklin Street Properties Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.6 Mil.

* 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.

What does a Selling, General, & Admin. Expense of $11.6 Mil mean?
Franklin Street Properties (FSP) has a Selling, General, & Admin. Expense of $11.6 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Franklin Street Properties and its competitors.
Is Franklin Street Properties' Selling, General, & Admin. Expense too high?
Franklin Street Properties' current Selling, General, & Admin. Expense is $11.6 Mil. Overall, Franklin Street Properties has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Franklin Street Properties' Selling, General, & Admin. Expense compare to CMCT and ONL?
Franklin Street Properties' Selling, General, & Admin. Expense of $11.6 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a REITs company?
A good Selling, General, & Admin. Expense depends on the REITs industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Franklin Street Properties and its competitors. Franklin Street Properties's current Selling, General, & Admin. Expense is $11.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Street Properties stock overvalued right now?
Based on GuruFocus' analysis, Franklin Street Properties (FSP) is currently considered Possible Value Trap. The stock's GF Value™ is $1.47, compared to a current price of $0.51 — trading 65.2% below its estimated fair value. The current Selling, General, & Admin. Expense is $11.6 Mil. Franklin Street Properties' overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Franklin Street Properties (FSP), the current Selling, General, & Admin. Expense is $11.6 Mil 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 Franklin Street Properties (FSP) Overvalued in 2026?

Based on GuruFocus' analysis, Franklin Street Properties stock appears to be undervalued. The current stock price of $0.51 is trading 65.2% below its estimated GF Value™ of $1.47. GuruFocus considers Franklin Street Properties to be Possible Value Trap.

Key valuation signals for FSP:

  • Selling, General, & Admin. Expense: $11.6 Mil
  • GF Value™: $1.47 vs. price of $0.51 (65.2% below fair value)
  • GF Score™: 44/100 with 4 warning signs

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


Franklin Street Properties Business Description

Industry Real EstateREITs
Other Exchanges WVH:Germany
Address 401 Edgewater Place, Suite 200, Wakefield, MA, USA, 01880
Franklin Street Properties Corp is a real estate investment trust. The company is focused on commercial real estate investments in office markets and currently operate in only one segment: real estate operations. The principal revenue sources for its real estate operations include rental income from real estate leasing, property dispositions and fee income from asset/property management and development. The company provides asset management, property management, property accounting, investor and/or development services to its portfolio and Sponsored REIT through the company's subsidiaries.
44GF Score

Get the complete analysis for FSP

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.51
Price
$1.47
GF Value