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| Date | Value |
|---|---|
| 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 |