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

SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $74.7M, roughly 1.0× Health Catalyst, Inc.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs -121.9%, a 130.5% gap on every dollar of revenue. On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs -6.2%). Over the past eight quarters, SAUL CENTERS, INC.'s revenue compounded faster (6.2% CAGR vs -0.0%).

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.

Catalyst Pharmaceuticals, Inc. is a biopharmaceutical company based in Coral Gables, Florida, United States. The company develops medicines for rare diseases, including the phosphate salt of amifampridine for the treatment of Lambert–Eaton myasthenic syndrome (LEMS). The drug is referred to under the trade name Firdapse, which was approved by the FDA for approved use in children 6 years and older with LEMS in addition to the prior approval for use in adults with LEMS on November 28, 2018. Fir...

BFS vs HCAT — Head-to-Head

Bigger by revenue
BFS
BFS
1.0× larger
BFS
$75.1M
$74.7M
HCAT
Growing faster (revenue YoY)
BFS
BFS
+16.8% gap
BFS
10.6%
-6.2%
HCAT
Higher net margin
BFS
BFS
130.5% more per $
BFS
8.7%
-121.9%
HCAT
Faster 2-yr revenue CAGR
BFS
BFS
Annualised
BFS
6.2%
-0.0%
HCAT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFS
BFS
HCAT
HCAT
Revenue
$75.1M
$74.7M
Net Profit
$6.5M
$-91.0M
Gross Margin
Operating Margin
65.4%
-115.3%
Net Margin
8.7%
-121.9%
Revenue YoY
10.6%
-6.2%
Net Profit YoY
-19.6%
-340.3%
EPS (diluted)
$0.15
$-1.29

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
HCAT
HCAT
Q4 25
$75.1M
$74.7M
Q3 25
$72.0M
$76.3M
Q2 25
$70.8M
$80.7M
Q1 25
$71.9M
$79.4M
Q4 24
$67.9M
$79.6M
Q3 24
$67.3M
$76.4M
Q2 24
$66.9M
$75.9M
Q1 24
$66.7M
$74.7M
Net Profit
BFS
BFS
HCAT
HCAT
Q4 25
$6.5M
$-91.0M
Q3 25
$10.5M
$-22.2M
Q2 25
$10.7M
$-41.0M
Q1 25
$9.8M
$-23.7M
Q4 24
$8.1M
$-20.7M
Q3 24
$14.5M
$-14.7M
Q2 24
$14.4M
$-13.5M
Q1 24
$13.6M
$-20.6M
Gross Margin
BFS
BFS
HCAT
HCAT
Q4 25
Q3 25
52.6%
Q2 25
Q1 25
Q4 24
Q3 24
73.6%
47.5%
Q2 24
74.2%
Q1 24
72.8%
Operating Margin
BFS
BFS
HCAT
HCAT
Q4 25
65.4%
-115.3%
Q3 25
69.1%
-22.9%
Q2 25
68.7%
-46.0%
Q1 25
66.5%
-25.4%
Q4 24
82.9%
-22.0%
Q3 24
72.8%
-17.9%
Q2 24
75.0%
-20.8%
Q1 24
72.4%
-30.5%
Net Margin
BFS
BFS
HCAT
HCAT
Q4 25
8.7%
-121.9%
Q3 25
14.6%
-29.1%
Q2 25
15.1%
-50.8%
Q1 25
13.6%
-29.9%
Q4 24
11.9%
-26.0%
Q3 24
21.5%
-19.3%
Q2 24
21.6%
-17.8%
Q1 24
20.4%
-27.6%
EPS (diluted)
BFS
BFS
HCAT
HCAT
Q4 25
$0.15
$-1.29
Q3 25
$0.32
$-0.32
Q2 25
$0.33
$-0.59
Q1 25
$0.29
$-0.35
Q4 24
$0.22
$-0.33
Q3 24
$0.48
$-0.24
Q2 24
$0.48
$-0.23
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
BFS
BFS
HCAT
HCAT
Cash + ST InvestmentsLiquidity on hand
$8.7M
$95.7M
Total DebtLower is stronger
$468.4M
$153.3M
Stockholders' EquityBook value
$307.8M
$245.8M
Total Assets
$2.2B
$502.6M
Debt / EquityLower = less leverage
1.52×
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
HCAT
HCAT
Q4 25
$8.7M
$95.7M
Q3 25
$11.8M
$91.5M
Q2 25
$5.3M
$97.3M
Q1 25
$6.5M
$342.0M
Q4 24
$10.3M
$392.0M
Q3 24
$7.2M
$387.3M
Q2 24
$6.9M
$308.3M
Q1 24
$7.1M
$327.8M
Total Debt
BFS
BFS
HCAT
HCAT
Q4 25
$468.4M
$153.3M
Q3 25
$1.6B
$153.1M
Q2 25
$1.6B
$153.0M
Q1 25
$1.5B
$382.9M
Q4 24
$455.8M
$382.4M
Q3 24
$1.5B
$345.0M
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
BFS
BFS
HCAT
HCAT
Q4 25
$307.8M
$245.8M
Q3 25
$316.6M
$331.9M
Q2 25
$322.4M
$347.5M
Q1 25
$328.4M
$376.8M
Q4 24
$335.8M
$365.2M
Q3 24
$341.8M
$355.0M
Q2 24
$345.7M
$357.0M
Q1 24
$347.1M
$357.2M
Total Assets
BFS
BFS
HCAT
HCAT
Q4 25
$2.2B
$502.6M
Q3 25
$2.2B
$587.1M
Q2 25
$2.1B
$616.2M
Q1 25
$2.1B
$891.5M
Q4 24
$2.1B
$858.9M
Q3 24
$2.1B
$813.0M
Q2 24
$2.1B
$691.7M
Q1 24
$2.0B
$695.1M
Debt / Equity
BFS
BFS
HCAT
HCAT
Q4 25
1.52×
0.62×
Q3 25
5.02×
0.46×
Q2 25
4.85×
0.44×
Q1 25
4.70×
1.02×
Q4 24
1.36×
1.05×
Q3 24
4.37×
0.97×
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
HCAT
HCAT
Operating Cash FlowLast quarter
$99.8M
$9.9M
Free Cash FlowOCF − Capex
$9.6M
FCF MarginFCF / Revenue
12.9%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
15.35×
TTM Free Cash FlowTrailing 4 quarters
$-697.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
HCAT
HCAT
Q4 25
$99.8M
$9.9M
Q3 25
$20.6M
$-464.0K
Q2 25
$26.6M
$-9.0M
Q1 25
$30.4M
$280.0K
Q4 24
$121.2M
$-3.5M
Q3 24
$26.5M
$6.2M
Q2 24
$32.1M
$1.6M
Q1 24
$33.8M
$10.3M
Free Cash Flow
BFS
BFS
HCAT
HCAT
Q4 25
$9.6M
Q3 25
$-719.0K
Q2 25
$-9.2M
Q1 25
$-390.0K
Q4 24
$-3.9M
Q3 24
$-28.3M
$5.5M
Q2 24
$-12.5M
$1.3M
Q1 24
$-11.7M
$10.1M
FCF Margin
BFS
BFS
HCAT
HCAT
Q4 25
12.9%
Q3 25
-0.9%
Q2 25
-11.4%
Q1 25
-0.5%
Q4 24
-4.9%
Q3 24
-42.1%
7.2%
Q2 24
-18.7%
1.7%
Q1 24
-17.6%
13.5%
Capex Intensity
BFS
BFS
HCAT
HCAT
Q4 25
0.4%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
0.8%
Q4 24
0.5%
Q3 24
81.5%
0.9%
Q2 24
66.7%
0.4%
Q1 24
68.3%
0.3%
Cash Conversion
BFS
BFS
HCAT
HCAT
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.

Revenue Breakdown by Segment

BFS
BFS

Segment breakdown not available.

HCAT
HCAT

Recurring Technology$51.9M69%
Professional Services$22.8M31%

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