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Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and Globalstar, Inc. (GSAT). Click either name above to swap in a different company.
SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $72.0M, roughly 1.0× Globalstar, Inc.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs -16.1%, a 24.8% gap on every dollar of revenue. On growth, Globalstar, Inc. posted the faster year-over-year revenue change (17.6% vs 10.6%). Over the past eight quarters, Globalstar, Inc.'s revenue compounded faster (12.9% 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.
Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and Earth observation. The Globalstar second-generation constellation consists of 25 satellites.
BFS vs GSAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $72.0M |
| Net Profit | $6.5M | $-11.6M |
| Gross Margin | — | — |
| Operating Margin | 65.4% | -0.5% |
| Net Margin | 8.7% | -16.1% |
| Revenue YoY | 10.6% | 17.6% |
| Net Profit YoY | -19.6% | 76.9% |
| EPS (diluted) | $0.15 | $-0.11 |
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 | $72.0M | ||
| Q3 25 | $72.0M | $73.8M | ||
| Q2 25 | $70.8M | $67.1M | ||
| Q1 25 | $71.9M | $60.0M | ||
| Q4 24 | $67.9M | $61.2M | ||
| Q3 24 | $67.3M | $72.3M | ||
| Q2 24 | $66.9M | $60.4M | ||
| Q1 24 | $66.7M | $56.5M |
| Q4 25 | $6.5M | $-11.6M | ||
| Q3 25 | $10.5M | $1.1M | ||
| Q2 25 | $10.7M | $19.2M | ||
| Q1 25 | $9.8M | $-17.3M | ||
| Q4 24 | $8.1M | $-50.2M | ||
| Q3 24 | $14.5M | $9.9M | ||
| Q2 24 | $14.4M | $-9.7M | ||
| Q1 24 | $13.6M | $-13.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 73.6% | — | ||
| Q2 24 | 74.2% | — | ||
| Q1 24 | 72.8% | — |
| Q4 25 | 65.4% | -0.5% | ||
| Q3 25 | 69.1% | 13.8% | ||
| Q2 25 | 68.7% | 9.2% | ||
| Q1 25 | 66.5% | -14.2% | ||
| Q4 24 | 82.9% | -6.9% | ||
| Q3 24 | 72.8% | 13.0% | ||
| Q2 24 | 75.0% | -2.4% | ||
| Q1 24 | 72.4% | -8.3% |
| Q4 25 | 8.7% | -16.1% | ||
| Q3 25 | 14.6% | 1.5% | ||
| Q2 25 | 15.1% | 28.6% | ||
| Q1 25 | 13.6% | -28.9% | ||
| Q4 24 | 11.9% | -82.1% | ||
| Q3 24 | 21.5% | 13.7% | ||
| Q2 24 | 21.6% | -16.0% | ||
| Q1 24 | 20.4% | -23.4% |
| Q4 25 | $0.15 | $-0.11 | ||
| Q3 25 | $0.32 | $-0.01 | ||
| Q2 25 | $0.33 | $0.13 | ||
| Q1 25 | $0.29 | $-0.16 | ||
| Q4 24 | $0.22 | $-0.57 | ||
| Q3 24 | $0.48 | $0.00 | ||
| Q2 24 | $0.48 | $-0.01 | ||
| Q1 24 | $0.45 | $-0.01 |
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 | $447.5M |
| Total DebtLower is stronger | $468.4M | $483.8M |
| Stockholders' EquityBook value | $307.8M | $355.7M |
| Total Assets | $2.2B | $2.3B |
| Debt / EquityLower = less leverage | 1.52× | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.7M | $447.5M | ||
| Q3 25 | $11.8M | $346.3M | ||
| Q2 25 | $5.3M | $308.2M | ||
| Q1 25 | $6.5M | $241.4M | ||
| Q4 24 | $10.3M | $391.2M | ||
| Q3 24 | $7.2M | $51.9M | ||
| Q2 24 | $6.9M | $64.3M | ||
| Q1 24 | $7.1M | $59.3M |
| Q4 25 | $468.4M | $483.8M | ||
| Q3 25 | $1.6B | $508.6M | ||
| Q2 25 | $1.6B | $491.5M | ||
| Q1 25 | $1.5B | $502.7M | ||
| Q4 24 | $455.8M | $511.4M | ||
| Q3 24 | $1.5B | $394.4M | ||
| Q2 24 | $1.4B | $393.1M | ||
| Q1 24 | $1.4B | $398.7M |
| Q4 25 | $307.8M | $355.7M | ||
| Q3 25 | $316.6M | $364.8M | ||
| Q2 25 | $322.4M | $360.9M | ||
| Q1 25 | $328.4M | $344.3M | ||
| Q4 24 | $335.8M | $358.9M | ||
| Q3 24 | $341.8M | $394.1M | ||
| Q2 24 | $345.7M | $383.0M | ||
| Q1 24 | $347.1M | $377.1M |
| Q4 25 | $2.2B | $2.3B | ||
| Q3 25 | $2.2B | $2.2B | ||
| Q2 25 | $2.1B | $1.9B | ||
| Q1 25 | $2.1B | $1.7B | ||
| Q4 24 | $2.1B | $1.7B | ||
| Q3 24 | $2.1B | $917.6M | ||
| Q2 24 | $2.1B | $926.2M | ||
| Q1 24 | $2.0B | $917.0M |
| Q4 25 | 1.52× | 1.36× | ||
| Q3 25 | 5.02× | 1.39× | ||
| Q2 25 | 4.85× | 1.36× | ||
| Q1 25 | 4.70× | 1.46× | ||
| Q4 24 | 1.36× | 1.43× | ||
| Q3 24 | 4.37× | 1.00× | ||
| Q2 24 | 4.17× | 1.03× | ||
| Q1 24 | 4.06× | 1.06× |
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 | $175.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 15.35× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $99.8M | $175.9M | ||
| Q3 25 | $20.6M | $236.0M | ||
| Q2 25 | $26.6M | $157.9M | ||
| Q1 25 | $30.4M | $51.9M | ||
| Q4 24 | $121.2M | $340.7M | ||
| Q3 24 | $26.5M | $32.0M | ||
| Q2 24 | $32.1M | $36.7M | ||
| Q1 24 | $33.8M | $29.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-28.3M | — | ||
| Q2 24 | $-12.5M | — | ||
| Q1 24 | $-11.7M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -42.1% | — | ||
| Q2 24 | -18.7% | — | ||
| Q1 24 | -17.6% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 81.5% | — | ||
| Q2 24 | 66.7% | — | ||
| Q1 24 | 68.3% | — |
| Q4 25 | 15.35× | — | ||
| Q3 25 | 1.97× | 216.53× | ||
| Q2 25 | 2.48× | 8.22× | ||
| Q1 25 | 3.10× | — | ||
| Q4 24 | 14.98× | — | ||
| Q3 24 | 1.83× | 3.23× | ||
| 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
Segment breakdown not available.
GSAT
| Services | $67.4M | 94% |
| Products | $4.6M | 6% |
