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Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and FLYEXCLUSIVE INC. (FLYX). Click either name above to swap in a different company.
FLYEXCLUSIVE INC. is the larger business by last-quarter revenue ($92.1M vs $75.1M, roughly 1.2× SAUL CENTERS, INC.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs -4.6%, a 13.3% gap on every dollar of revenue. On growth, FLYEXCLUSIVE INC. posted the faster year-over-year revenue change (19.8% vs 10.6%). Over the past eight quarters, FLYEXCLUSIVE INC.'s revenue compounded faster (21.9% CAGR vs 6.2%).
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.
FLYEXCLUSIVE INC. is a U.S.-headquartered private aviation services provider that offers private jet charter, aircraft management, maintenance repair, and fractional ownership programs. It primarily serves high-net-worth individuals, corporate clients, and government entities across North America, delivering personalized on-demand air travel solutions prioritizing safety and convenience.
BFS vs FLYX — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $92.1M |
| Net Profit | $6.5M | $-4.3M |
| Gross Margin | — | 13.7% |
| Operating Margin | 65.4% | -12.3% |
| Net Margin | 8.7% | -4.6% |
| Revenue YoY | 10.6% | 19.8% |
| Net Profit YoY | -19.6% | 32.0% |
| EPS (diluted) | $0.15 | $-0.25 |
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 | $75.1M | — | ||
| Q3 25 | $72.0M | $92.1M | ||
| Q2 25 | $70.8M | $91.3M | ||
| Q1 25 | $71.9M | $88.1M | ||
| Q4 24 | $67.9M | — | ||
| Q3 24 | $67.3M | $76.9M | ||
| Q2 24 | $66.9M | $79.0M | ||
| Q1 24 | $66.7M | $80.0M |
| Q4 25 | $6.5M | — | ||
| Q3 25 | $10.5M | $-4.3M | ||
| Q2 25 | $10.7M | $-4.8M | ||
| Q1 25 | $9.8M | $-5.4M | ||
| Q4 24 | $8.1M | — | ||
| Q3 24 | $14.5M | $-6.3M | ||
| Q2 24 | $14.4M | $-5.2M | ||
| Q1 24 | $13.6M | $-5.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | 13.7% | ||
| Q2 25 | — | 15.0% | ||
| Q1 25 | — | 12.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | 73.6% | 11.3% | ||
| Q2 24 | 74.2% | 7.9% | ||
| Q1 24 | 72.8% | 7.2% |
| Q4 25 | 65.4% | — | ||
| Q3 25 | 69.1% | -12.3% | ||
| Q2 25 | 68.7% | -13.5% | ||
| Q1 25 | 66.5% | -16.7% | ||
| Q4 24 | 82.9% | — | ||
| Q3 24 | 72.8% | -27.2% | ||
| Q2 24 | 75.0% | -27.6% | ||
| Q1 24 | 72.4% | -34.3% |
| Q4 25 | 8.7% | — | ||
| Q3 25 | 14.6% | -4.6% | ||
| Q2 25 | 15.1% | -5.2% | ||
| Q1 25 | 13.6% | -6.2% | ||
| Q4 24 | 11.9% | — | ||
| Q3 24 | 21.5% | -8.2% | ||
| Q2 24 | 21.6% | -6.5% | ||
| Q1 24 | 20.4% | -7.3% |
| Q4 25 | $0.15 | — | ||
| Q3 25 | $0.32 | $-0.25 | ||
| Q2 25 | $0.33 | $-0.26 | ||
| Q1 25 | $0.29 | $-0.30 | ||
| Q4 24 | $0.22 | — | ||
| Q3 24 | $0.48 | $-0.32 | ||
| Q2 24 | $0.48 | $-0.32 | ||
| Q1 24 | $0.45 | $-0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.7M | $18.7M |
| Total DebtLower is stronger | $468.4M | $123.9M |
| Stockholders' EquityBook value | $307.8M | $-434.2M |
| Total Assets | $2.2B | $448.1M |
| Debt / EquityLower = less leverage | 1.52× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.7M | — | ||
| Q3 25 | $11.8M | $18.7M | ||
| Q2 25 | $5.3M | $15.8M | ||
| Q1 25 | $6.5M | $14.7M | ||
| Q4 24 | $10.3M | — | ||
| Q3 24 | $7.2M | $18.7M | ||
| Q2 24 | $6.9M | $9.3M | ||
| Q1 24 | $7.1M | $5.3M |
| Q4 25 | $468.4M | — | ||
| Q3 25 | $1.6B | $123.9M | ||
| Q2 25 | $1.6B | $111.6M | ||
| Q1 25 | $1.5B | $121.6M | ||
| Q4 24 | $455.8M | — | ||
| Q3 24 | $1.5B | $197.9M | ||
| Q2 24 | $1.4B | $206.3M | ||
| Q1 24 | $1.4B | $209.4M |
| Q4 25 | $307.8M | — | ||
| Q3 25 | $316.6M | $-434.2M | ||
| Q2 25 | $322.4M | $-261.4M | ||
| Q1 25 | $328.4M | $-281.5M | ||
| Q4 24 | $335.8M | — | ||
| Q3 24 | $341.8M | $-192.0M | ||
| Q2 24 | $345.7M | $-149.7M | ||
| Q1 24 | $347.1M | $-149.5M |
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | $448.1M | ||
| Q2 25 | $2.1B | $443.4M | ||
| Q1 25 | $2.1B | $466.8M | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.1B | $487.1M | ||
| Q2 24 | $2.1B | $494.7M | ||
| Q1 24 | $2.0B | $524.1M |
| 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 | $99.8M | $-209.0K |
| Free Cash FlowOCF − Capex | — | $-11.0M |
| FCF MarginFCF / Revenue | — | -12.0% |
| Capex IntensityCapex / Revenue | — | 11.7% |
| Cash ConversionOCF / Net Profit | 15.35× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-51.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $99.8M | — | ||
| Q3 25 | $20.6M | $-209.0K | ||
| Q2 25 | $26.6M | $363.0K | ||
| Q1 25 | $30.4M | $-10.5M | ||
| Q4 24 | $121.2M | — | ||
| Q3 24 | $26.5M | $-12.3M | ||
| Q2 24 | $32.1M | $-16.2M | ||
| Q1 24 | $33.8M | $-26.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | $-11.0M | ||
| Q2 25 | — | $353.0K | ||
| Q1 25 | — | $-14.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-28.3M | $-25.7M | ||
| Q2 24 | $-12.5M | $-26.6M | ||
| Q1 24 | $-11.7M | $-64.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | -12.0% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | -16.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | -42.1% | -33.5% | ||
| Q2 24 | -18.7% | -33.7% | ||
| Q1 24 | -17.6% | -80.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | 11.7% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 4.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | 81.5% | 17.5% | ||
| Q2 24 | 66.7% | 13.2% | ||
| Q1 24 | 68.3% | 48.2% |
| 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.
