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Side-by-side financial comparison of AEMETIS, INC (AMTX) and SAUL CENTERS, INC. (BFS). Click either name above to swap in a different company.
SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $43.3M, roughly 1.7× AEMETIS, INC). On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs -7.9%). Over the past eight quarters, SAUL CENTERS, INC.'s revenue compounded faster (6.2% CAGR vs -22.8%).
Aemetis, Inc. is a renewable fuels and sustainable biochemicals producer operating across North America and India. Its core products include low-carbon ethanol, renewable natural gas and biodiesel, serving transportation, industrial and agricultural sectors with decarbonization solutions for commercial clients.
Saul Centers, Inc. is a self-administered real estate investment trust (REIT) headquartered in the United States. It primarily owns, operates, and develops high-quality shopping centers, mixed-use properties, and multifamily residential assets, with its core portfolio concentrated in the Washington D.C. metropolitan area and other select high-growth U.S. regional markets.
AMTX vs BFS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.3M | $75.1M |
| Net Profit | — | $6.5M |
| Gross Margin | 17.8% | — |
| Operating Margin | -5.7% | 65.4% |
| Net Margin | — | 8.7% |
| Revenue YoY | -7.9% | 10.6% |
| Net Profit YoY | — | -19.6% |
| EPS (diluted) | $-0.03 | $0.15 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $43.3M | $75.1M | ||
| Q3 25 | $59.2M | $72.0M | ||
| Q2 25 | $52.2M | $70.8M | ||
| Q1 25 | $42.9M | $71.9M | ||
| Q4 24 | $47.0M | $67.9M | ||
| Q3 24 | $81.4M | $67.3M | ||
| Q2 24 | $66.6M | $66.9M | ||
| Q1 24 | $72.6M | $66.7M |
| Q4 25 | — | $6.5M | ||
| Q3 25 | $-23.7M | $10.5M | ||
| Q2 25 | $-23.4M | $10.7M | ||
| Q1 25 | $-24.5M | $9.8M | ||
| Q4 24 | — | $8.1M | ||
| Q3 24 | $-17.9M | $14.5M | ||
| Q2 24 | $-29.2M | $14.4M | ||
| Q1 24 | $-24.2M | $13.6M |
| Q4 25 | 17.8% | — | ||
| Q3 25 | -0.1% | — | ||
| Q2 25 | -6.4% | — | ||
| Q1 25 | -11.8% | — | ||
| Q4 24 | -4.3% | — | ||
| Q3 24 | 4.8% | 73.6% | ||
| Q2 24 | -2.7% | 74.2% | ||
| Q1 24 | -0.8% | 72.8% |
| Q4 25 | -5.7% | 65.4% | ||
| Q3 25 | -14.4% | 69.1% | ||
| Q2 25 | -20.4% | 68.7% | ||
| Q1 25 | -36.3% | 66.5% | ||
| Q4 24 | -28.7% | 82.9% | ||
| Q3 24 | -4.8% | 72.8% | ||
| Q2 24 | -20.4% | 75.0% | ||
| Q1 24 | -13.0% | 72.4% |
| Q4 25 | — | 8.7% | ||
| Q3 25 | -40.1% | 14.6% | ||
| Q2 25 | -44.8% | 15.1% | ||
| Q1 25 | -57.2% | 13.6% | ||
| Q4 24 | — | 11.9% | ||
| Q3 24 | -22.0% | 21.5% | ||
| Q2 24 | -43.8% | 21.6% | ||
| Q1 24 | -33.4% | 20.4% |
| Q4 25 | $-0.03 | $0.15 | ||
| Q3 25 | $-0.37 | $0.32 | ||
| Q2 25 | $-0.41 | $0.33 | ||
| Q1 25 | $-0.47 | $0.29 | ||
| Q4 24 | $-0.29 | $0.22 | ||
| Q3 24 | $-0.38 | $0.48 | ||
| Q2 24 | $-0.66 | $0.48 | ||
| Q1 24 | $-0.58 | $0.45 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.9M | $8.7M |
| Total DebtLower is stronger | — | $468.4M |
| Stockholders' EquityBook value | $-306.8M | $307.8M |
| Total Assets | $259.8M | $2.2B |
| Debt / EquityLower = less leverage | — | 1.52× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.9M | $8.7M | ||
| Q3 25 | $5.6M | $11.8M | ||
| Q2 25 | $1.6M | $5.3M | ||
| Q1 25 | $499.0K | $6.5M | ||
| Q4 24 | $898.0K | $10.3M | ||
| Q3 24 | $296.0K | $7.2M | ||
| Q2 24 | $234.0K | $6.9M | ||
| Q1 24 | $1.6M | $7.1M |
| Q4 25 | — | $468.4M | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $338.1M | $455.8M | ||
| Q3 24 | $322.2M | $1.5B | ||
| Q2 24 | $309.0M | $1.4B | ||
| Q1 24 | $307.2M | $1.4B |
| Q4 25 | $-306.8M | $307.8M | ||
| Q3 25 | $-304.9M | $316.6M | ||
| Q2 25 | $-289.3M | $322.4M | ||
| Q1 25 | $-280.7M | $328.4M | ||
| Q4 24 | $-263.9M | $335.8M | ||
| Q3 24 | $-258.9M | $341.8M | ||
| Q2 24 | $-249.0M | $345.7M | ||
| Q1 24 | $-232.1M | $347.1M |
| Q4 25 | $259.8M | $2.2B | ||
| Q3 25 | $241.1M | $2.2B | ||
| Q2 25 | $240.0M | $2.1B | ||
| Q1 25 | $242.5M | $2.1B | ||
| Q4 24 | $259.3M | $2.1B | ||
| Q3 24 | $259.3M | $2.1B | ||
| Q2 24 | $259.3M | $2.1B | ||
| Q1 24 | $259.3M | $2.0B |
| Q4 25 | — | 1.52× | ||
| Q3 25 | — | 5.02× | ||
| Q2 25 | — | 4.85× | ||
| Q1 25 | — | 4.70× | ||
| Q4 24 | — | 1.36× | ||
| Q3 24 | — | 4.37× | ||
| Q2 24 | — | 4.17× | ||
| Q1 24 | — | 4.06× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $5.8M | $99.8M |
| Free Cash FlowOCF − Capex | $-10.8M | — |
| FCF MarginFCF / Revenue | -24.9% | — |
| Capex IntensityCapex / Revenue | 38.2% | — |
| Cash ConversionOCF / Net Profit | — | 15.35× |
| TTM Free Cash FlowTrailing 4 quarters | $-22.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.8M | $99.8M | ||
| Q3 25 | $3.1M | $20.6M | ||
| Q2 25 | $-5.7M | $26.6M | ||
| Q1 25 | $160.0K | $30.4M | ||
| Q4 24 | $-12.6M | $121.2M | ||
| Q3 24 | $-5.0M | $26.5M | ||
| Q2 24 | $-5.1M | $32.1M | ||
| Q1 24 | $-10.3M | $33.8M |
| Q4 25 | $-10.8M | — | ||
| Q3 25 | $-1.0M | — | ||
| Q2 25 | $-9.3M | — | ||
| Q1 25 | $-1.7M | — | ||
| Q4 24 | $-19.4M | — | ||
| Q3 24 | $-9.5M | $-28.3M | ||
| Q2 24 | $-10.5M | $-12.5M | ||
| Q1 24 | $-13.9M | $-11.7M |
| Q4 25 | -24.9% | — | ||
| Q3 25 | -1.7% | — | ||
| Q2 25 | -17.7% | — | ||
| Q1 25 | -3.9% | — | ||
| Q4 24 | -41.2% | — | ||
| Q3 24 | -11.6% | -42.1% | ||
| Q2 24 | -15.8% | -18.7% | ||
| Q1 24 | -19.1% | -17.6% |
| Q4 25 | 38.2% | — | ||
| Q3 25 | 6.9% | — | ||
| Q2 25 | 6.7% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 14.4% | — | ||
| Q3 24 | 5.5% | 81.5% | ||
| Q2 24 | 8.1% | 66.7% | ||
| Q1 24 | 4.9% | 68.3% |
| Q4 25 | — | 15.35× | ||
| Q3 25 | — | 1.97× | ||
| Q2 25 | — | 2.48× | ||
| Q1 25 | — | 3.10× | ||
| Q4 24 | — | 14.98× | ||
| Q3 24 | — | 1.83× | ||
| Q2 24 | — | 2.22× | ||
| Q1 24 | — | 2.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMTX
| Ethanol Sales | $28.8M | 66% |
| Wet Distillers Grains | $6.8M | 16% |
| California Dairy Renewable Natural Gas | $5.2M | 12% |
| Other | $1.8M | 4% |
BFS
Segment breakdown not available.
