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

SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $68.6M, roughly 1.1× Inogen Inc). On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs 3.4%). Over the past eight quarters, SAUL CENTERS, INC.'s revenue compounded faster (6.2% CAGR vs 4.2%).

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.

Inogen Inc is a medical technology firm specializing in the development, production and distribution of portable oxygen concentrators and associated respiratory care products. It caters primarily to patients with chronic respiratory conditions needing long-term oxygen therapy across North America, Europe and other global markets, focusing on home care and ambulatory patient segments to enhance users' quality of life.

BFS vs INGN — Head-to-Head

Bigger by revenue
BFS
BFS
1.1× larger
BFS
$75.1M
$68.6M
INGN
Growing faster (revenue YoY)
BFS
BFS
+7.2% gap
BFS
10.6%
3.4%
INGN
Faster 2-yr revenue CAGR
BFS
BFS
Annualised
BFS
6.2%
4.2%
INGN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFS
BFS
INGN
INGN
Revenue
$75.1M
$68.6M
Net Profit
$6.5M
Gross Margin
51.4%
Operating Margin
65.4%
-13.6%
Net Margin
8.7%
Revenue YoY
10.6%
3.4%
Net Profit YoY
-19.6%
EPS (diluted)
$0.15
$-0.26

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
INGN
INGN
Q4 25
$75.1M
$68.6M
Q3 25
$72.0M
$79.1M
Q2 25
$70.8M
$79.2M
Q1 25
$71.9M
$68.5M
Q4 24
$67.9M
$66.3M
Q3 24
$67.3M
$74.9M
Q2 24
$66.9M
$74.4M
Q1 24
$66.7M
$63.1M
Net Profit
BFS
BFS
INGN
INGN
Q4 25
$6.5M
Q3 25
$10.5M
$-5.3M
Q2 25
$10.7M
$-4.2M
Q1 25
$9.8M
$-6.2M
Q4 24
$8.1M
Q3 24
$14.5M
$-6.0M
Q2 24
$14.4M
$-5.6M
Q1 24
$13.6M
$-14.6M
Gross Margin
BFS
BFS
INGN
INGN
Q4 25
51.4%
Q3 25
52.2%
Q2 25
52.2%
Q1 25
53.1%
Q4 24
54.7%
Q3 24
73.6%
55.2%
Q2 24
74.2%
57.4%
Q1 24
72.8%
54.5%
Operating Margin
BFS
BFS
INGN
INGN
Q4 25
65.4%
-13.6%
Q3 25
69.1%
-9.0%
Q2 25
68.7%
-7.7%
Q1 25
66.5%
-11.2%
Q4 24
82.9%
-17.2%
Q3 24
72.8%
-10.4%
Q2 24
75.0%
-9.5%
Q1 24
72.4%
-25.8%
Net Margin
BFS
BFS
INGN
INGN
Q4 25
8.7%
Q3 25
14.6%
-6.7%
Q2 25
15.1%
-5.2%
Q1 25
13.6%
-9.0%
Q4 24
11.9%
Q3 24
21.5%
-8.0%
Q2 24
21.6%
-7.5%
Q1 24
20.4%
-23.1%
EPS (diluted)
BFS
BFS
INGN
INGN
Q4 25
$0.15
$-0.26
Q3 25
$0.32
$-0.20
Q2 25
$0.33
$-0.15
Q1 25
$0.29
$-0.25
Q4 24
$0.22
$-0.41
Q3 24
$0.48
$-0.25
Q2 24
$0.48
$-0.24
Q1 24
$0.45
$-0.62

Balance Sheet & Financial Strength

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

Metric
BFS
BFS
INGN
INGN
Cash + ST InvestmentsLiquidity on hand
$8.7M
$103.7M
Total DebtLower is stronger
$468.4M
Stockholders' EquityBook value
$307.8M
$192.2M
Total Assets
$2.2B
$298.6M
Debt / EquityLower = less leverage
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
INGN
INGN
Q4 25
$8.7M
$103.7M
Q3 25
$11.8M
$106.5M
Q2 25
$5.3M
$103.7M
Q1 25
$6.5M
$118.9M
Q4 24
$10.3M
$113.8M
Q3 24
$7.2M
$105.7M
Q2 24
$6.9M
$97.9M
Q1 24
$7.1M
$107.4M
Total Debt
BFS
BFS
INGN
INGN
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
INGN
INGN
Q4 25
$307.8M
$192.2M
Q3 25
$316.6M
$197.2M
Q2 25
$322.4M
$199.5M
Q1 25
$328.4M
$198.0M
Q4 24
$335.8M
$173.9M
Q3 24
$341.8M
$185.4M
Q2 24
$345.7M
$187.6M
Q1 24
$347.1M
$191.9M
Total Assets
BFS
BFS
INGN
INGN
Q4 25
$2.2B
$298.6M
Q3 25
$2.2B
$307.0M
Q2 25
$2.1B
$312.0M
Q1 25
$2.1B
$308.4M
Q4 24
$2.1B
$296.2M
Q3 24
$2.1B
$306.2M
Q2 24
$2.1B
$308.9M
Q1 24
$2.0B
$315.6M
Debt / Equity
BFS
BFS
INGN
INGN
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
INGN
INGN
Operating Cash FlowLast quarter
$99.8M
$-943.0K
Free Cash FlowOCF − Capex
$-1.9M
FCF MarginFCF / Revenue
-2.8%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
15.35×
TTM Free Cash FlowTrailing 4 quarters
$-13.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
INGN
INGN
Q4 25
$99.8M
$-943.0K
Q3 25
$20.6M
$2.2M
Q2 25
$26.6M
$4.3M
Q1 25
$30.4M
$-16.8M
Q4 24
$121.2M
$-3.0M
Q3 24
$26.5M
$7.0M
Q2 24
$32.1M
$6.7M
Q1 24
$33.8M
$-4.7M
Free Cash Flow
BFS
BFS
INGN
INGN
Q4 25
$-1.9M
Q3 25
$1.6M
Q2 25
$3.7M
Q1 25
$-17.1M
Q4 24
$-3.3M
Q3 24
$-28.3M
$5.3M
Q2 24
$-12.5M
$6.6M
Q1 24
$-11.7M
$-6.1M
FCF Margin
BFS
BFS
INGN
INGN
Q4 25
-2.8%
Q3 25
2.0%
Q2 25
4.6%
Q1 25
-24.9%
Q4 24
-5.0%
Q3 24
-42.1%
7.1%
Q2 24
-18.7%
8.9%
Q1 24
-17.6%
-9.6%
Capex Intensity
BFS
BFS
INGN
INGN
Q4 25
1.4%
Q3 25
0.7%
Q2 25
0.9%
Q1 25
0.4%
Q4 24
0.5%
Q3 24
81.5%
2.2%
Q2 24
66.7%
0.1%
Q1 24
68.3%
2.1%
Cash Conversion
BFS
BFS
INGN
INGN
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.

INGN
INGN

Other$36.1M53%
Non Us$32.5M47%

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