vs

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

FARMER BROTHERS CO is the larger business by last-quarter revenue ($88.9M vs $75.1M, roughly 1.2× SAUL CENTERS, INC.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs -5.5%, a 14.1% gap on every dollar of revenue. On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs -1.2%). Over the past eight quarters, SAUL CENTERS, INC.'s revenue compounded faster (6.2% CAGR vs 2.1%).

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.

Farmer Bros. Co. is an American coffee foodservice company based in Fort Worth, Texas. The company specializes in the manufacture and distribution of coffee, tea, and approximately 300 other foodservice items used by restaurants and other establishments. John Moore serves as the company's president and chief executive officer.

BFS vs FARM — Head-to-Head

Bigger by revenue
FARM
FARM
1.2× larger
FARM
$88.9M
$75.1M
BFS
Growing faster (revenue YoY)
BFS
BFS
+11.9% gap
BFS
10.6%
-1.2%
FARM
Higher net margin
BFS
BFS
14.1% more per $
BFS
8.7%
-5.5%
FARM
Faster 2-yr revenue CAGR
BFS
BFS
Annualised
BFS
6.2%
2.1%
FARM

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
BFS
BFS
FARM
FARM
Revenue
$75.1M
$88.9M
Net Profit
$6.5M
$-4.9M
Gross Margin
36.3%
Operating Margin
65.4%
-4.7%
Net Margin
8.7%
-5.5%
Revenue YoY
10.6%
-1.2%
Net Profit YoY
-19.6%
-2417.1%
EPS (diluted)
$0.15
$-0.22

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
FARM
FARM
Q4 25
$75.1M
$88.9M
Q3 25
$72.0M
$81.6M
Q2 25
$70.8M
$85.1M
Q1 25
$71.9M
$82.1M
Q4 24
$67.9M
$90.0M
Q3 24
$67.3M
$85.1M
Q2 24
$66.9M
$84.4M
Q1 24
$66.7M
$85.4M
Net Profit
BFS
BFS
FARM
FARM
Q4 25
$6.5M
$-4.9M
Q3 25
$10.5M
$-4.0M
Q2 25
$10.7M
$-4.7M
Q1 25
$9.8M
$-5.0M
Q4 24
$8.1M
$210.0K
Q3 24
$14.5M
$-5.0M
Q2 24
$14.4M
$-4.6M
Q1 24
$13.6M
$-682.0K
Gross Margin
BFS
BFS
FARM
FARM
Q4 25
36.3%
Q3 25
39.7%
Q2 25
44.9%
Q1 25
42.1%
Q4 24
43.1%
Q3 24
73.6%
43.9%
Q2 24
74.2%
38.8%
Q1 24
72.8%
40.1%
Operating Margin
BFS
BFS
FARM
FARM
Q4 25
65.4%
-4.7%
Q3 25
69.1%
-3.9%
Q2 25
68.7%
4.6%
Q1 25
66.5%
-4.3%
Q4 24
82.9%
1.1%
Q3 24
72.8%
-3.3%
Q2 24
75.0%
-4.9%
Q1 24
72.4%
-0.5%
Net Margin
BFS
BFS
FARM
FARM
Q4 25
8.7%
-5.5%
Q3 25
14.6%
-4.9%
Q2 25
15.1%
-5.6%
Q1 25
13.6%
-6.1%
Q4 24
11.9%
0.2%
Q3 24
21.5%
-5.9%
Q2 24
21.6%
-5.4%
Q1 24
20.4%
-0.8%
EPS (diluted)
BFS
BFS
FARM
FARM
Q4 25
$0.15
$-0.22
Q3 25
$0.32
$-0.19
Q2 25
$0.33
$-0.22
Q1 25
$0.29
$-0.23
Q4 24
$0.22
$0.01
Q3 24
$0.48
$-0.24
Q2 24
$0.48
$-0.23
Q1 24
$0.45
$-0.03

Balance Sheet & Financial Strength

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

Metric
BFS
BFS
FARM
FARM
Cash + ST InvestmentsLiquidity on hand
$8.7M
$4.2M
Total DebtLower is stronger
$468.4M
Stockholders' EquityBook value
$307.8M
$35.7M
Total Assets
$2.2B
$151.4M
Debt / EquityLower = less leverage
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
FARM
FARM
Q4 25
$8.7M
$4.2M
Q3 25
$11.8M
$3.8M
Q2 25
$5.3M
$6.8M
Q1 25
$6.5M
$4.1M
Q4 24
$10.3M
$5.5M
Q3 24
$7.2M
$3.3M
Q2 24
$6.9M
$5.8M
Q1 24
$7.1M
$5.5M
Total Debt
BFS
BFS
FARM
FARM
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
FARM
FARM
Q4 25
$307.8M
$35.7M
Q3 25
$316.6M
$40.0M
Q2 25
$322.4M
$43.5M
Q1 25
$328.4M
$37.3M
Q4 24
$335.8M
$41.5M
Q3 24
$341.8M
$40.9M
Q2 24
$345.7M
$45.5M
Q1 24
$347.1M
$43.1M
Total Assets
BFS
BFS
FARM
FARM
Q4 25
$2.2B
$151.4M
Q3 25
$2.2B
$158.8M
Q2 25
$2.1B
$161.2M
Q1 25
$2.1B
$163.2M
Q4 24
$2.1B
$179.1M
Q3 24
$2.1B
$182.0M
Q2 24
$2.1B
$185.2M
Q1 24
$2.0B
$179.1M
Debt / Equity
BFS
BFS
FARM
FARM
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
FARM
FARM
Operating Cash FlowLast quarter
$99.8M
$-786.0K
Free Cash FlowOCF − Capex
$-2.6M
FCF MarginFCF / Revenue
-2.9%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
15.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
FARM
FARM
Q4 25
$99.8M
$-786.0K
Q3 25
$20.6M
$-5.0M
Q2 25
$26.6M
$9.7M
Q1 25
$30.4M
$1.3M
Q4 24
$121.2M
$2.6M
Q3 24
$26.5M
$2.5M
Q2 24
$32.1M
$-995.0K
Q1 24
$33.8M
$-2.3M
Free Cash Flow
BFS
BFS
FARM
FARM
Q4 25
$-2.6M
Q3 25
$-6.9M
Q2 25
Q1 25
$-684.0K
Q4 24
$521.0K
Q3 24
$-28.3M
$-837.0K
Q2 24
$-12.5M
Q1 24
$-11.7M
$-5.7M
FCF Margin
BFS
BFS
FARM
FARM
Q4 25
-2.9%
Q3 25
-8.5%
Q2 25
Q1 25
-0.8%
Q4 24
0.6%
Q3 24
-42.1%
-1.0%
Q2 24
-18.7%
Q1 24
-17.6%
-6.7%
Capex Intensity
BFS
BFS
FARM
FARM
Q4 25
2.1%
Q3 25
2.4%
Q2 25
Q1 25
2.4%
Q4 24
2.3%
Q3 24
81.5%
3.9%
Q2 24
66.7%
Q1 24
68.3%
4.0%
Cash Conversion
BFS
BFS
FARM
FARM
Q4 25
15.35×
Q3 25
1.97×
Q2 25
2.48×
Q1 25
3.10×
Q4 24
14.98×
12.16×
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

BFS
BFS

Segment breakdown not available.

FARM
FARM

Coffee Roasted$45.5M51%
Tea Iced Hot$23.3M26%
Culinary$14.1M16%
Spice$4.9M5%
Fuel Surcharge$1.2M1%

Related Comparisons