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

ENNIS, INC. is the larger business by last-quarter revenue ($100.2M vs $75.1M, roughly 1.3× SAUL CENTERS, INC.). ENNIS, INC. runs the higher net margin — 10.8% vs 8.7%, a 2.2% gap on every dollar of revenue. On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs 0.4%). Over the past eight quarters, SAUL CENTERS, INC.'s revenue compounded faster (6.2% CAGR vs 1.4%).

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.

ENNIS, INC. (ticker EBF) is a leading North American provider of printed business products and related services. Its offerings include custom business forms, pressure-sensitive labels, marketing collateral, promotional items, and branded packaging, serving clients across retail, healthcare, financial services, and small business segments.

BFS vs EBF — Head-to-Head

Bigger by revenue
EBF
EBF
1.3× larger
EBF
$100.2M
$75.1M
BFS
Growing faster (revenue YoY)
BFS
BFS
+10.2% gap
BFS
10.6%
0.4%
EBF
Higher net margin
EBF
EBF
2.2% more per $
EBF
10.8%
8.7%
BFS
Faster 2-yr revenue CAGR
BFS
BFS
Annualised
BFS
6.2%
1.4%
EBF

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BFS
BFS
EBF
EBF
Revenue
$75.1M
$100.2M
Net Profit
$6.5M
$10.8M
Gross Margin
31.9%
Operating Margin
65.4%
15.0%
Net Margin
8.7%
10.8%
Revenue YoY
10.6%
0.4%
Net Profit YoY
-19.6%
6.1%
EPS (diluted)
$0.15
$0.42

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
EBF
EBF
Q4 25
$75.1M
$100.2M
Q3 25
$72.0M
$98.7M
Q2 25
$70.8M
$97.2M
Q1 25
$71.9M
$92.7M
Q4 24
$67.9M
$99.8M
Q3 24
$67.3M
$99.0M
Q2 24
$66.9M
$103.1M
Q1 24
$66.7M
$97.4M
Net Profit
BFS
BFS
EBF
EBF
Q4 25
$6.5M
$10.8M
Q3 25
$10.5M
$13.2M
Q2 25
$10.7M
$9.8M
Q1 25
$9.8M
$9.0M
Q4 24
$8.1M
$10.2M
Q3 24
$14.5M
$10.3M
Q2 24
$14.4M
$10.7M
Q1 24
$13.6M
$10.1M
Gross Margin
BFS
BFS
EBF
EBF
Q4 25
31.9%
Q3 25
30.5%
Q2 25
31.1%
Q1 25
29.5%
Q4 24
29.3%
Q3 24
73.6%
30.1%
Q2 24
74.2%
30.0%
Q1 24
72.8%
28.4%
Operating Margin
BFS
BFS
EBF
EBF
Q4 25
65.4%
15.0%
Q3 25
69.1%
12.5%
Q2 25
68.7%
13.7%
Q1 25
66.5%
13.0%
Q4 24
82.9%
13.1%
Q3 24
72.8%
13.3%
Q2 24
75.0%
13.3%
Q1 24
72.4%
13.3%
Net Margin
BFS
BFS
EBF
EBF
Q4 25
8.7%
10.8%
Q3 25
14.6%
13.3%
Q2 25
15.1%
10.1%
Q1 25
13.6%
9.7%
Q4 24
11.9%
10.2%
Q3 24
21.5%
10.4%
Q2 24
21.6%
10.4%
Q1 24
20.4%
10.4%
EPS (diluted)
BFS
BFS
EBF
EBF
Q4 25
$0.15
$0.42
Q3 25
$0.32
$0.51
Q2 25
$0.33
$0.38
Q1 25
$0.29
$0.34
Q4 24
$0.22
$0.39
Q3 24
$0.48
$0.40
Q2 24
$0.48
$0.41
Q1 24
$0.45
$0.39

Balance Sheet & Financial Strength

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

Metric
BFS
BFS
EBF
EBF
Cash + ST InvestmentsLiquidity on hand
$8.7M
$31.3M
Total DebtLower is stronger
$468.4M
Stockholders' EquityBook value
$307.8M
$304.8M
Total Assets
$2.2B
$354.3M
Debt / EquityLower = less leverage
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
EBF
EBF
Q4 25
$8.7M
$31.3M
Q3 25
$11.8M
$31.9M
Q2 25
$5.3M
$32.6M
Q1 25
$6.5M
$72.5M
Q4 24
$10.3M
$68.6M
Q3 24
$7.2M
$122.6M
Q2 24
$6.9M
$123.7M
Q1 24
$7.1M
$110.9M
Total Debt
BFS
BFS
EBF
EBF
Q4 25
$468.4M
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$455.8M
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
BFS
BFS
EBF
EBF
Q4 25
$307.8M
$304.8M
Q3 25
$316.6M
$305.4M
Q2 25
$322.4M
$301.2M
Q1 25
$328.4M
$302.0M
Q4 24
$335.8M
$297.7M
Q3 24
$341.8M
$358.4M
Q2 24
$345.7M
$354.4M
Q1 24
$347.1M
$349.8M
Total Assets
BFS
BFS
EBF
EBF
Q4 25
$2.2B
$354.3M
Q3 25
$2.2B
$361.8M
Q2 25
$2.1B
$361.7M
Q1 25
$2.1B
$348.9M
Q4 24
$2.1B
$346.1M
Q3 24
$2.1B
$406.8M
Q2 24
$2.1B
$406.2M
Q1 24
$2.0B
$399.2M
Debt / Equity
BFS
BFS
EBF
EBF
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
BFS
BFS
EBF
EBF
Operating Cash FlowLast quarter
$99.8M
$16.4M
Free Cash FlowOCF − Capex
$15.7M
FCF MarginFCF / Revenue
15.7%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
15.35×
1.52×
TTM Free Cash FlowTrailing 4 quarters
$42.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
EBF
EBF
Q4 25
$99.8M
$16.4M
Q3 25
$20.6M
$10.5M
Q2 25
$26.6M
$8.0M
Q1 25
$30.4M
$12.8M
Q4 24
$121.2M
$18.2M
Q3 24
$26.5M
$11.8M
Q2 24
$32.1M
$23.1M
Q1 24
$33.8M
$16.6M
Free Cash Flow
BFS
BFS
EBF
EBF
Q4 25
$15.7M
Q3 25
$9.0M
Q2 25
$6.6M
Q1 25
$11.1M
Q4 24
$17.5M
Q3 24
$-28.3M
$10.7M
Q2 24
$-12.5M
$20.6M
Q1 24
$-11.7M
$15.0M
FCF Margin
BFS
BFS
EBF
EBF
Q4 25
15.7%
Q3 25
9.2%
Q2 25
6.8%
Q1 25
12.0%
Q4 24
17.6%
Q3 24
-42.1%
10.8%
Q2 24
-18.7%
20.0%
Q1 24
-17.6%
15.3%
Capex Intensity
BFS
BFS
EBF
EBF
Q4 25
0.7%
Q3 25
1.4%
Q2 25
1.4%
Q1 25
1.8%
Q4 24
0.6%
Q3 24
81.5%
1.1%
Q2 24
66.7%
2.4%
Q1 24
68.3%
1.7%
Cash Conversion
BFS
BFS
EBF
EBF
Q4 25
15.35×
1.52×
Q3 25
1.97×
0.80×
Q2 25
2.48×
0.81×
Q1 25
3.10×
1.41×
Q4 24
14.98×
1.78×
Q3 24
1.83×
1.15×
Q2 24
2.22×
2.16×
Q1 24
2.48×
1.63×

Financial Flow Comparison

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

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