Saul Centers (BFS) Operating Expenses (2010 - 2026)

Saul Centers (BFS) posted quarterly Operating Expenses of $66.2 million for Q1 2026, up 12.22% year-over-year from $59.0 million in Q1 2025, and down 1.1% quarter-over-quarter from $67.0 million in Q4 2025.

Saul Centers (BFS) 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 for Q1 2026 stood at $66.2 million, down from $67.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $67.0 million in Q4 2025, with the low at $43.3 million in Q2 2022.
  • The 5-year median for Operating Expenses is $47.7 million (2024), against an average of $51.6 million.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses fell 2.78% in 2022, then rose 21.84% in 2025.
  • Saul Centers' Operating Expenses stood at $46.9 million in 2022, then grew by 4.85% to $49.2 million in 2023, then gained by 16.96% to $57.6 million in 2024, then advanced by 16.31% to $67.0 million in 2025, then declined by 1.1% to $66.2 million in 2026.
  • Business Quant data shows BFS's Operating Expenses at $66.2 million in Q1 2026, $67.0 million in Q4 2025, and $58.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Simon Property 72.57 Bn 72.57 Bn 1.76 Bn 900.79 Mn
2 Realty Income 57.91 Bn 57.91 Bn - 1.19 Bn
3 Kimco Realty 16.13 Bn 16.13 Bn 455.67 Mn 356.02 Mn
4 Federal Realty Investment Trust 10.07 Bn 10.07 Bn 271.22 Mn 217.66 Mn
5 Agree Realty 8.87 Bn 8.86 Bn - 112.31 Mn
6 Nnn Reit 8.69 Bn 8.69 Bn - 102.00 Mn
7 Macerich 6.68 Bn 6.68 Bn 171.77 Mn 277.43 Mn
8 Essential Properties Realty Trust 6.54 Bn 6.54 Bn - 62.12 Mn
9 Kite Realty Group Trust 5.30 Bn 5.30 Bn - 150.10 Mn
10 Saul Centers 841.55 Mn 841.55 Mn - 65.25 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 65.25 Mn
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