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

SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $43.4M, roughly 1.7× Montauk Renewables, Inc.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs 5.7%, a 2.9% gap on every dollar of revenue. On growth, Montauk Renewables, Inc. posted the faster year-over-year revenue change (56.7% vs 10.6%). Over the past eight quarters, SAUL CENTERS, INC.'s revenue compounded faster (6.2% CAGR vs 5.8%).

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.

Montauk Renewables, Inc. is a US-based renewable energy firm specializing in capturing and converting biogenic methane from landfills and agricultural waste into renewable natural gas (RNG) and low-carbon electricity. It serves utility, commercial, and industrial customers across North America, with operations focused on advancing decarbonization and sustainable energy transition goals.

BFS vs MNTK — Head-to-Head

Bigger by revenue
BFS
BFS
1.7× larger
BFS
$75.1M
$43.4M
MNTK
Growing faster (revenue YoY)
MNTK
MNTK
+46.1% gap
MNTK
56.7%
10.6%
BFS
Higher net margin
BFS
BFS
2.9% more per $
BFS
8.7%
5.7%
MNTK
Faster 2-yr revenue CAGR
BFS
BFS
Annualised
BFS
6.2%
5.8%
MNTK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFS
BFS
MNTK
MNTK
Revenue
$75.1M
$43.4M
Net Profit
$6.5M
$2.5M
Gross Margin
Operating Margin
65.4%
-3.8%
Net Margin
8.7%
5.7%
Revenue YoY
10.6%
56.7%
Net Profit YoY
-19.6%
129.5%
EPS (diluted)
$0.15
$0.01

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
MNTK
MNTK
Q4 25
$75.1M
$43.4M
Q3 25
$72.0M
$45.3M
Q2 25
$70.8M
$45.1M
Q1 25
$71.9M
$42.6M
Q4 24
$67.9M
$27.7M
Q3 24
$67.3M
$65.9M
Q2 24
$66.9M
$43.3M
Q1 24
$66.7M
$38.8M
Net Profit
BFS
BFS
MNTK
MNTK
Q4 25
$6.5M
$2.5M
Q3 25
$10.5M
$5.2M
Q2 25
$10.7M
$-5.5M
Q1 25
$9.8M
$-464.0K
Q4 24
$8.1M
$-8.5M
Q3 24
$14.5M
$17.0M
Q2 24
$14.4M
$-712.0K
Q1 24
$13.6M
$1.9M
Gross Margin
BFS
BFS
MNTK
MNTK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
73.6%
43.8%
Q2 24
74.2%
15.6%
Q1 24
72.8%
22.8%
Operating Margin
BFS
BFS
MNTK
MNTK
Q4 25
65.4%
-3.8%
Q3 25
69.1%
9.8%
Q2 25
68.7%
-5.2%
Q1 25
66.5%
1.0%
Q4 24
82.9%
-35.5%
Q3 24
72.8%
34.4%
Q2 24
75.0%
2.0%
Q1 24
72.4%
6.1%
Net Margin
BFS
BFS
MNTK
MNTK
Q4 25
8.7%
5.7%
Q3 25
14.6%
11.5%
Q2 25
15.1%
-12.2%
Q1 25
13.6%
-1.1%
Q4 24
11.9%
-30.5%
Q3 24
21.5%
25.9%
Q2 24
21.6%
-1.6%
Q1 24
20.4%
4.8%
EPS (diluted)
BFS
BFS
MNTK
MNTK
Q4 25
$0.15
$0.01
Q3 25
$0.32
$0.04
Q2 25
$0.33
$-0.04
Q1 25
$0.29
$0.00
Q4 24
$0.22
$-0.05
Q3 24
$0.48
$0.12
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
BFS
BFS
MNTK
MNTK
Cash + ST InvestmentsLiquidity on hand
$8.7M
$23.8M
Total DebtLower is stronger
$468.4M
$126.0M
Stockholders' EquityBook value
$307.8M
$263.1M
Total Assets
$2.2B
$435.5M
Debt / EquityLower = less leverage
1.52×
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
MNTK
MNTK
Q4 25
$8.7M
$23.8M
Q3 25
$11.8M
$6.8M
Q2 25
$5.3M
$29.1M
Q1 25
$6.5M
$40.1M
Q4 24
$10.3M
$45.6M
Q3 24
$7.2M
$55.0M
Q2 24
$6.9M
$42.3M
Q1 24
$7.1M
$63.3M
Total Debt
BFS
BFS
MNTK
MNTK
Q4 25
$468.4M
$126.0M
Q3 25
$1.6B
$54.9M
Q2 25
$1.6B
$57.8M
Q1 25
$1.5B
$40.8M
Q4 24
$455.8M
$43.8M
Q3 24
$1.5B
$46.7M
Q2 24
$1.4B
$49.7M
Q1 24
$1.4B
$52.7M
Stockholders' Equity
BFS
BFS
MNTK
MNTK
Q4 25
$307.8M
$263.1M
Q3 25
$316.6M
$260.7M
Q2 25
$322.4M
$254.7M
Q1 25
$328.4M
$258.2M
Q4 24
$335.8M
$257.4M
Q3 24
$341.8M
$275.3M
Q2 24
$345.7M
$255.3M
Q1 24
$347.1M
$254.3M
Total Assets
BFS
BFS
MNTK
MNTK
Q4 25
$2.2B
$435.5M
Q3 25
$2.2B
$383.3M
Q2 25
$2.1B
$382.5M
Q1 25
$2.1B
$354.2M
Q4 24
$2.1B
$349.0M
Q3 24
$2.1B
$374.1M
Q2 24
$2.1B
$362.0M
Q1 24
$2.0B
$354.7M
Debt / Equity
BFS
BFS
MNTK
MNTK
Q4 25
1.52×
0.48×
Q3 25
5.02×
0.21×
Q2 25
4.85×
0.23×
Q1 25
4.70×
0.16×
Q4 24
1.36×
0.17×
Q3 24
4.37×
0.17×
Q2 24
4.17×
0.19×
Q1 24
4.06×
0.21×

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
MNTK
MNTK
Operating Cash FlowLast quarter
$99.8M
$337.0K
Free Cash FlowOCF − Capex
$-41.1M
FCF MarginFCF / Revenue
-94.7%
Capex IntensityCapex / Revenue
95.5%
Cash ConversionOCF / Net Profit
15.35×
0.14×
TTM Free Cash FlowTrailing 4 quarters
$-86.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
MNTK
MNTK
Q4 25
$99.8M
$337.0K
Q3 25
$20.6M
$12.7M
Q2 25
$26.6M
$8.2M
Q1 25
$30.4M
$9.1M
Q4 24
$121.2M
$724.0K
Q3 24
$26.5M
$28.6M
Q2 24
$32.1M
$193.0K
Q1 24
$33.8M
$14.3M
Free Cash Flow
BFS
BFS
MNTK
MNTK
Q4 25
$-41.1M
Q3 25
$-17.2M
Q2 25
$-25.5M
Q1 25
$-2.5M
Q4 24
$-8.3M
Q3 24
$-28.3M
$16.0M
Q2 24
$-12.5M
$-18.6M
Q1 24
$-11.7M
$-7.7M
FCF Margin
BFS
BFS
MNTK
MNTK
Q4 25
-94.7%
Q3 25
-37.9%
Q2 25
-56.4%
Q1 25
-5.8%
Q4 24
-29.8%
Q3 24
-42.1%
24.3%
Q2 24
-18.7%
-42.9%
Q1 24
-17.6%
-19.8%
Capex Intensity
BFS
BFS
MNTK
MNTK
Q4 25
95.5%
Q3 25
65.9%
Q2 25
74.6%
Q1 25
27.3%
Q4 24
32.5%
Q3 24
81.5%
19.1%
Q2 24
66.7%
43.3%
Q1 24
68.3%
56.7%
Cash Conversion
BFS
BFS
MNTK
MNTK
Q4 25
15.35×
0.14×
Q3 25
1.97×
2.43×
Q2 25
2.48×
Q1 25
3.10×
Q4 24
14.98×
Q3 24
1.83×
1.68×
Q2 24
2.22×
Q1 24
2.48×
7.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BFS
BFS

Segment breakdown not available.

MNTK
MNTK

Natural Gas Environmental Attributes$28.1M65%
Natural Gas Commodity$10.7M25%
Electric Commodity$2.7M6%
Electric Environmental Attributes$2.0M5%

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