Saul Centers (BFS-PD) Operating Expenses (2010 - 2026)
Saul Centers (BFS-PD) recorded quarterly Operating Expenses of $66.2 million in Q1 2026, down 1.1% quarter-over-quarter from $67.0 million in Q4 2025, and up 12.22% on a YoY basis from $59.0 million in Q1 2025.
Saul Centers (BFS-PD) Operating Expenses (2010 - 2026) Analysis & Trends
Saul Centers' Operating Expenses history runs 17 years deep, the most recent figure standing at $66.2 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 12.22% year-over-year to $66.2 million; the TTM figure through Mar 2026 stood at $248.0 million (up 17.01% YoY), while the FY2025 annual figure was $240.7 million, up 19.58% from the prior year.
- Operating Expenses was $66.2 million for Q1 2026 at Saul Centers, down from $67.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $67.0 million in Q4 2025 to a low of $43.3 million in Q2 2022.
- Historically, Operating Expenses has averaged $51.6 million across 5 years, with a median of $47.7 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses retreated 2.78% in 2022, then gained 21.84% in 2025.
- A 5-year view of Operating Expenses shows it stood at $46.9 million in 2022, then increased by 4.85% to $49.2 million in 2023, then advanced by 16.96% to $57.6 million in 2024, then climbed by 16.31% to $67.0 million in 2025, then fell by 1.1% to $66.2 million in 2026.
- The last three Operating Expenses figures came in at $66.2 million (Q1 2026), $67.0 million (Q4 2025), and $58.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 69.18 Bn | 69.56 Bn | 1.76 Bn | 900.79 Mn |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | 1.24 Bn |
| 3 | Kimco Realty | 17.00 Bn | 17.03 Bn | 447.43 Mn | 364.31 Mn |
| 4 | Regency Centers | 14.85 Bn | 14.97 Bn | - | 73.30 Mn |
| 5 | Federal Realty Investment Trust | 10.68 Bn | 10.75 Bn | 265.49 Mn | 220.41 Mn |
| 6 | Agree Realty | 8.92 Bn | 8.90 Bn | - | 104.48 Mn |
| 7 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | 105.96 Mn |
| 8 | Essential Properties Realty Trust | 6.37 Bn | 6.38 Bn | - | 74.46 Mn |
| 9 | Macerich | 6.30 Bn | 6.10 Bn | 158.29 Mn | 278.05 Mn |
| 10 | Saul Centers | - | - | - | 66.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 66.22 Mn |
| Dec 31, 2025 | 66.96 Mn |
| Sep 30, 2025 | 58.01 Mn |
| Jun 30, 2025 | 56.77 Mn |
| Mar 31, 2025 | 59.01 Mn |
| Dec 31, 2024 | 57.57 Mn |
| Sep 30, 2024 | 47.70 Mn |
| Jun 30, 2024 | 47.63 Mn |
| Mar 31, 2024 | 48.43 Mn |
| Dec 31, 2023 | 49.22 Mn |
| Sep 30, 2023 | 47.06 Mn |
| Jun 30, 2023 | 46.52 Mn |
| Mar 31, 2023 | 45.39 Mn |
| Dec 31, 2022 | 46.95 Mn |
| Sep 30, 2022 | 45.57 Mn |
| Jun 30, 2022 | 43.30 Mn |
| Mar 31, 2022 | 44.65 Mn |
| Dec 31, 2021 | 44.39 Mn |
| Sep 30, 2021 | 43.37 Mn |
| Jun 30, 2021 | 43.89 Mn |