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Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and Chatham Lodging Trust (CLDT). Click either name above to swap in a different company.

SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $67.7M, roughly 1.1× Chatham Lodging Trust). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs 6.8%, a 1.8% gap on every dollar of revenue. On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs -9.8%). Over the past eight quarters, SAUL CENTERS, INC.'s revenue compounded faster (6.2% CAGR vs -0.5%).

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.

Chatham Lodging Trust is a publicly traded real estate investment trust that invests in, owns, and operates upscale extended-stay and select-service premium hotel properties primarily across high-demand urban and suburban markets in the United States. Its portfolio targets assets with strong occupancy rates and steady cash flow from business and leisure traveler segments.

BFS vs CLDT — Head-to-Head

Bigger by revenue
BFS
BFS
1.1× larger
BFS
$75.1M
$67.7M
CLDT
Growing faster (revenue YoY)
BFS
BFS
+20.5% gap
BFS
10.6%
-9.8%
CLDT
Higher net margin
BFS
BFS
1.8% more per $
BFS
8.7%
6.8%
CLDT
Faster 2-yr revenue CAGR
BFS
BFS
Annualised
BFS
6.2%
-0.5%
CLDT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFS
BFS
CLDT
CLDT
Revenue
$75.1M
$67.7M
Net Profit
$6.5M
$4.6M
Gross Margin
Operating Margin
65.4%
15.9%
Net Margin
8.7%
6.8%
Revenue YoY
10.6%
-9.8%
Net Profit YoY
-19.6%
369.9%
EPS (diluted)
$0.15
$0.05

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.

Revenue
BFS
BFS
CLDT
CLDT
Q4 25
$75.1M
$67.7M
Q3 25
$72.0M
$78.4M
Q2 25
$70.8M
$80.3M
Q1 25
$71.9M
$68.6M
Q4 24
$67.9M
$75.1M
Q3 24
$67.3M
$87.2M
Q2 24
$66.9M
$86.5M
Q1 24
$66.7M
$68.4M
Net Profit
BFS
BFS
CLDT
CLDT
Q4 25
$6.5M
$4.6M
Q3 25
$10.5M
$3.5M
Q2 25
$10.7M
$5.4M
Q1 25
$9.8M
$1.5M
Q4 24
$8.1M
$-1.7M
Q3 24
$14.5M
$4.3M
Q2 24
$14.4M
$6.8M
Q1 24
$13.6M
$-5.2M
Gross Margin
BFS
BFS
CLDT
CLDT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
40.7%
Q3 24
73.6%
44.7%
Q2 24
74.2%
46.1%
Q1 24
72.8%
38.9%
Operating Margin
BFS
BFS
CLDT
CLDT
Q4 25
65.4%
15.9%
Q3 25
69.1%
12.7%
Q2 25
68.7%
14.8%
Q1 25
66.5%
12.1%
Q4 24
82.9%
7.5%
Q3 24
72.8%
14.3%
Q2 24
75.0%
16.3%
Q1 24
72.4%
1.4%
Net Margin
BFS
BFS
CLDT
CLDT
Q4 25
8.7%
6.8%
Q3 25
14.6%
4.5%
Q2 25
15.1%
6.7%
Q1 25
13.6%
2.2%
Q4 24
11.9%
-2.3%
Q3 24
21.5%
4.9%
Q2 24
21.6%
7.9%
Q1 24
20.4%
-7.6%
EPS (diluted)
BFS
BFS
CLDT
CLDT
Q4 25
$0.15
$0.05
Q3 25
$0.32
$0.03
Q2 25
$0.33
$0.07
Q1 25
$0.29
$-0.01
Q4 24
$0.22
$-0.08
Q3 24
$0.48
$0.05
Q2 24
$0.48
$0.10
Q1 24
$0.45
$-0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BFS
BFS
CLDT
CLDT
Cash + ST InvestmentsLiquidity on hand
$8.7M
$24.4M
Total DebtLower is stronger
$468.4M
$338.9M
Stockholders' EquityBook value
$307.8M
$740.8M
Total Assets
$2.2B
$1.2B
Debt / EquityLower = less leverage
1.52×
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
CLDT
CLDT
Q4 25
$8.7M
$24.4M
Q3 25
$11.8M
$13.2M
Q2 25
$5.3M
$17.2M
Q1 25
$6.5M
$18.6M
Q4 24
$10.3M
$20.2M
Q3 24
$7.2M
$19.3M
Q2 24
$6.9M
$10.6M
Q1 24
$7.1M
$72.3M
Total Debt
BFS
BFS
CLDT
CLDT
Q4 25
$468.4M
$338.9M
Q3 25
$1.6B
$338.8M
Q2 25
$1.6B
$351.2M
Q1 25
$1.5B
$381.1M
Q4 24
$455.8M
$406.9M
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
BFS
BFS
CLDT
CLDT
Q4 25
$307.8M
$740.8M
Q3 25
$316.6M
$749.4M
Q2 25
$322.4M
$754.1M
Q1 25
$328.4M
$754.7M
Q4 24
$335.8M
$758.2M
Q3 24
$341.8M
$765.3M
Q2 24
$345.7M
$766.5M
Q1 24
$347.1M
$765.0M
Total Assets
BFS
BFS
CLDT
CLDT
Q4 25
$2.2B
$1.2B
Q3 25
$2.2B
$1.2B
Q2 25
$2.1B
$1.2B
Q1 25
$2.1B
$1.2B
Q4 24
$2.1B
$1.3B
Q3 24
$2.1B
$1.3B
Q2 24
$2.1B
$1.3B
Q1 24
$2.0B
$1.3B
Debt / Equity
BFS
BFS
CLDT
CLDT
Q4 25
1.52×
0.46×
Q3 25
5.02×
0.45×
Q2 25
4.85×
0.47×
Q1 25
4.70×
0.50×
Q4 24
1.36×
0.54×
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
BFS
BFS
CLDT
CLDT
Operating Cash FlowLast quarter
$99.8M
$64.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
15.35×
13.90×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
CLDT
CLDT
Q4 25
$99.8M
$64.1M
Q3 25
$20.6M
$25.6M
Q2 25
$26.6M
$22.1M
Q1 25
$30.4M
$4.2M
Q4 24
$121.2M
$73.8M
Q3 24
$26.5M
$28.8M
Q2 24
$32.1M
$25.2M
Q1 24
$33.8M
$6.9M
Free Cash Flow
BFS
BFS
CLDT
CLDT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-28.3M
Q2 24
$-12.5M
Q1 24
$-11.7M
FCF Margin
BFS
BFS
CLDT
CLDT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-42.1%
Q2 24
-18.7%
Q1 24
-17.6%
Capex Intensity
BFS
BFS
CLDT
CLDT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
81.5%
Q2 24
66.7%
Q1 24
68.3%
Cash Conversion
BFS
BFS
CLDT
CLDT
Q4 25
15.35×
13.90×
Q3 25
1.97×
7.24×
Q2 25
2.48×
4.10×
Q1 25
3.10×
2.73×
Q4 24
14.98×
Q3 24
1.83×
6.78×
Q2 24
2.22×
3.68×
Q1 24
2.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BFS
BFS

Segment breakdown not available.

CLDT
CLDT

Occupancy$61.5M91%
Hotel Other$4.2M6%
Food And Beverage$1.8M3%
Hotel$1.1M2%

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