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

GCL Global Holdings Ltd is the larger business by last-quarter revenue ($98.7M vs $75.1M, roughly 1.3× SAUL CENTERS, INC.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs -5.2%, a 13.8% gap on every dollar of revenue.

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.

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

BFS vs GCL — Head-to-Head

Bigger by revenue
GCL
GCL
1.3× larger
GCL
$98.7M
$75.1M
BFS
Higher net margin
BFS
BFS
13.8% more per $
BFS
8.7%
-5.2%
GCL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BFS
BFS
GCL
GCL
Revenue
$75.1M
$98.7M
Net Profit
$6.5M
$-5.1M
Gross Margin
11.0%
Operating Margin
65.4%
-6.7%
Net Margin
8.7%
-5.2%
Revenue YoY
10.6%
Net Profit YoY
-19.6%
EPS (diluted)
$0.15
$-0.04

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
GCL
GCL
Q4 25
$75.1M
Q3 25
$72.0M
$98.7M
Q2 25
$70.8M
$142.1M
Q1 25
$71.9M
Q4 24
$67.9M
Q3 24
$67.3M
$36.1M
Q2 24
$66.9M
Q1 24
$66.7M
Net Profit
BFS
BFS
GCL
GCL
Q4 25
$6.5M
Q3 25
$10.5M
$-5.1M
Q2 25
$10.7M
$5.6M
Q1 25
$9.8M
Q4 24
$8.1M
Q3 24
$14.5M
$-1.9M
Q2 24
$14.4M
Q1 24
$13.6M
Gross Margin
BFS
BFS
GCL
GCL
Q4 25
Q3 25
11.0%
Q2 25
15.0%
Q1 25
Q4 24
Q3 24
73.6%
16.2%
Q2 24
74.2%
Q1 24
72.8%
Operating Margin
BFS
BFS
GCL
GCL
Q4 25
65.4%
Q3 25
69.1%
-6.7%
Q2 25
68.7%
2.3%
Q1 25
66.5%
Q4 24
82.9%
Q3 24
72.8%
-5.6%
Q2 24
75.0%
Q1 24
72.4%
Net Margin
BFS
BFS
GCL
GCL
Q4 25
8.7%
Q3 25
14.6%
-5.2%
Q2 25
15.1%
3.9%
Q1 25
13.6%
Q4 24
11.9%
Q3 24
21.5%
-5.2%
Q2 24
21.6%
Q1 24
20.4%
EPS (diluted)
BFS
BFS
GCL
GCL
Q4 25
$0.15
Q3 25
$0.32
$-0.04
Q2 25
$0.33
$0.05
Q1 25
$0.29
Q4 24
$0.22
Q3 24
$0.48
Q2 24
$0.48
Q1 24
$0.45

Balance Sheet & Financial Strength

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

Metric
BFS
BFS
GCL
GCL
Cash + ST InvestmentsLiquidity on hand
$8.7M
$16.6M
Total DebtLower is stronger
$468.4M
$52.0M
Stockholders' EquityBook value
$307.8M
$33.1M
Total Assets
$2.2B
$159.9M
Debt / EquityLower = less leverage
1.52×
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
GCL
GCL
Q4 25
$8.7M
Q3 25
$11.8M
$16.6M
Q2 25
$5.3M
$18.2M
Q1 25
$6.5M
Q4 24
$10.3M
Q3 24
$7.2M
$2.7M
Q2 24
$6.9M
Q1 24
$7.1M
Total Debt
BFS
BFS
GCL
GCL
Q4 25
$468.4M
Q3 25
$1.6B
$52.0M
Q2 25
$1.6B
$11.9M
Q1 25
$1.5B
Q4 24
$455.8M
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
BFS
BFS
GCL
GCL
Q4 25
$307.8M
Q3 25
$316.6M
$33.1M
Q2 25
$322.4M
$35.9M
Q1 25
$328.4M
Q4 24
$335.8M
Q3 24
$341.8M
$15.9M
Q2 24
$345.7M
Q1 24
$347.1M
Total Assets
BFS
BFS
GCL
GCL
Q4 25
$2.2B
Q3 25
$2.2B
$159.9M
Q2 25
$2.1B
$101.6M
Q1 25
$2.1B
Q4 24
$2.1B
Q3 24
$2.1B
$49.6M
Q2 24
$2.1B
Q1 24
$2.0B
Debt / Equity
BFS
BFS
GCL
GCL
Q4 25
1.52×
Q3 25
5.02×
1.57×
Q2 25
4.85×
0.33×
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
GCL
GCL
Operating Cash FlowLast quarter
$99.8M
$-4.8M
Free Cash FlowOCF − Capex
$-5.2M
FCF MarginFCF / Revenue
-5.3%
Capex IntensityCapex / Revenue
0.4%
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
GCL
GCL
Q4 25
$99.8M
Q3 25
$20.6M
$-4.8M
Q2 25
$26.6M
$-10.3M
Q1 25
$30.4M
Q4 24
$121.2M
Q3 24
$26.5M
$6.1M
Q2 24
$32.1M
Q1 24
$33.8M
Free Cash Flow
BFS
BFS
GCL
GCL
Q4 25
Q3 25
$-5.2M
Q2 25
$-10.5M
Q1 25
Q4 24
Q3 24
$-28.3M
Q2 24
$-12.5M
Q1 24
$-11.7M
FCF Margin
BFS
BFS
GCL
GCL
Q4 25
Q3 25
-5.3%
Q2 25
-7.4%
Q1 25
Q4 24
Q3 24
-42.1%
Q2 24
-18.7%
Q1 24
-17.6%
Capex Intensity
BFS
BFS
GCL
GCL
Q4 25
Q3 25
0.4%
Q2 25
0.1%
Q1 25
Q4 24
Q3 24
81.5%
Q2 24
66.7%
Q1 24
68.3%
Cash Conversion
BFS
BFS
GCL
GCL
Q4 25
15.35×
Q3 25
1.97×
Q2 25
2.48×
-1.84×
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.

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