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

Loar Holdings Inc. is the larger business by last-quarter revenue ($131.8M vs $75.1M, roughly 1.8× SAUL CENTERS, INC.). Loar Holdings Inc. runs the higher net margin — 9.5% vs 8.7%, a 0.8% gap on every dollar of revenue. On growth, Loar Holdings Inc. posted the faster year-over-year revenue change (19.3% vs 10.6%). Over the past eight quarters, Loar Holdings Inc.'s revenue compounded faster (19.8% 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.

BFS vs LOAR — Head-to-Head

Bigger by revenue
LOAR
LOAR
1.8× larger
LOAR
$131.8M
$75.1M
BFS
Growing faster (revenue YoY)
LOAR
LOAR
+8.7% gap
LOAR
19.3%
10.6%
BFS
Higher net margin
LOAR
LOAR
0.8% more per $
LOAR
9.5%
8.7%
BFS
Faster 2-yr revenue CAGR
LOAR
LOAR
Annualised
LOAR
19.8%
6.2%
BFS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFS
BFS
LOAR
LOAR
Revenue
$75.1M
$131.8M
Net Profit
$6.5M
$12.5M
Gross Margin
52.1%
Operating Margin
65.4%
18.0%
Net Margin
8.7%
9.5%
Revenue YoY
10.6%
19.3%
Net Profit YoY
-19.6%
239.5%
EPS (diluted)
$0.15
$0.13

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
LOAR
LOAR
Q4 25
$75.1M
$131.8M
Q3 25
$72.0M
$126.8M
Q2 25
$70.8M
$123.1M
Q1 25
$71.9M
$114.7M
Q4 24
$67.9M
$110.4M
Q3 24
$67.3M
$103.5M
Q2 24
$66.9M
$97.0M
Q1 24
$66.7M
$91.8M
Net Profit
BFS
BFS
LOAR
LOAR
Q4 25
$6.5M
$12.5M
Q3 25
$10.5M
$27.6M
Q2 25
$10.7M
$16.7M
Q1 25
$9.8M
$15.3M
Q4 24
$8.1M
$3.7M
Q3 24
$14.5M
$8.7M
Q2 24
$14.4M
$7.6M
Q1 24
$13.6M
$2.2M
Gross Margin
BFS
BFS
LOAR
LOAR
Q4 25
52.1%
Q3 25
52.7%
Q2 25
53.8%
Q1 25
52.1%
Q4 24
48.9%
Q3 24
73.6%
51.1%
Q2 24
74.2%
49.0%
Q1 24
72.8%
48.4%
Operating Margin
BFS
BFS
LOAR
LOAR
Q4 25
65.4%
18.0%
Q3 25
69.1%
22.9%
Q2 25
68.7%
22.2%
Q1 25
66.5%
22.8%
Q4 24
82.9%
19.2%
Q3 24
72.8%
22.1%
Q2 24
75.0%
22.9%
Q1 24
72.4%
23.3%
Net Margin
BFS
BFS
LOAR
LOAR
Q4 25
8.7%
9.5%
Q3 25
14.6%
21.8%
Q2 25
15.1%
13.6%
Q1 25
13.6%
13.4%
Q4 24
11.9%
3.3%
Q3 24
21.5%
8.4%
Q2 24
21.6%
7.9%
Q1 24
20.4%
2.4%
EPS (diluted)
BFS
BFS
LOAR
LOAR
Q4 25
$0.15
$0.13
Q3 25
$0.32
$0.29
Q2 25
$0.33
$0.17
Q1 25
$0.29
$0.16
Q4 24
$0.22
$-11023.48
Q3 24
$0.48
$0.09
Q2 24
$0.48
$0.09
Q1 24
$0.45
$11023.54

Balance Sheet & Financial Strength

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

Metric
BFS
BFS
LOAR
LOAR
Cash + ST InvestmentsLiquidity on hand
$8.7M
$84.8M
Total DebtLower is stronger
$468.4M
$715.7M
Stockholders' EquityBook value
$307.8M
$1.2B
Total Assets
$2.2B
$2.0B
Debt / EquityLower = less leverage
1.52×
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
LOAR
LOAR
Q4 25
$8.7M
$84.8M
Q3 25
$11.8M
$99.0M
Q2 25
$5.3M
$103.3M
Q1 25
$6.5M
$80.5M
Q4 24
$10.3M
$54.1M
Q3 24
$7.2M
$55.2M
Q2 24
$6.9M
$73.2M
Q1 24
$7.1M
$28.2M
Total Debt
BFS
BFS
LOAR
LOAR
Q4 25
$468.4M
$715.7M
Q3 25
$1.6B
$279.4M
Q2 25
$1.6B
$277.7M
Q1 25
$1.5B
$277.5M
Q4 24
$455.8M
$277.3M
Q3 24
$1.5B
$602.1M
Q2 24
$1.4B
$250.7M
Q1 24
$1.4B
$534.2M
Stockholders' Equity
BFS
BFS
LOAR
LOAR
Q4 25
$307.8M
$1.2B
Q3 25
$316.6M
$1.2B
Q2 25
$322.4M
$1.1B
Q1 25
$328.4M
$1.1B
Q4 24
$335.8M
$1.1B
Q3 24
$341.8M
$769.8M
Q2 24
$345.7M
$758.4M
Q1 24
$347.1M
$420.6M
Total Assets
BFS
BFS
LOAR
LOAR
Q4 25
$2.2B
$2.0B
Q3 25
$2.2B
$1.5B
Q2 25
$2.1B
$1.5B
Q1 25
$2.1B
$1.5B
Q4 24
$2.1B
$1.5B
Q3 24
$2.1B
$1.5B
Q2 24
$2.1B
$1.1B
Q1 24
$2.0B
$1.1B
Debt / Equity
BFS
BFS
LOAR
LOAR
Q4 25
1.52×
0.61×
Q3 25
5.02×
0.24×
Q2 25
4.85×
0.25×
Q1 25
4.70×
0.25×
Q4 24
1.36×
0.25×
Q3 24
4.37×
0.78×
Q2 24
4.17×
0.33×
Q1 24
4.06×
1.27×

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
LOAR
LOAR
Operating Cash FlowLast quarter
$99.8M
$30.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
15.35×
2.43×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
LOAR
LOAR
Q4 25
$99.8M
$30.4M
Q3 25
$20.6M
$29.7M
Q2 25
$26.6M
$23.8M
Q1 25
$30.4M
$28.4M
Q4 24
$121.2M
$20.7M
Q3 24
$26.5M
$16.3M
Q2 24
$32.1M
$7.1M
Q1 24
$33.8M
$10.8M
Free Cash Flow
BFS
BFS
LOAR
LOAR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-28.3M
Q2 24
$-12.5M
Q1 24
$-11.7M
FCF Margin
BFS
BFS
LOAR
LOAR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-42.1%
Q2 24
-18.7%
Q1 24
-17.6%
Capex Intensity
BFS
BFS
LOAR
LOAR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
81.5%
Q2 24
66.7%
Q1 24
68.3%
Cash Conversion
BFS
BFS
LOAR
LOAR
Q4 25
15.35×
2.43×
Q3 25
1.97×
1.08×
Q2 25
2.48×
1.42×
Q1 25
3.10×
1.85×
Q4 24
14.98×
5.62×
Q3 24
1.83×
1.89×
Q2 24
2.22×
0.93×
Q1 24
2.48×
4.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BFS
BFS

Segment breakdown not available.

LOAR
LOAR

Other$76.8M58%
Commercial Aerospace$21.2M16%
Business Jet And General Aviation$17.6M13%
Defense$16.2M12%

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