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

SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $64.6M, roughly 1.2× McEwen Inc.). McEwen Inc. runs the higher net margin — 59.0% vs 8.7%, a 50.3% gap on every dollar of revenue. On growth, McEwen Inc. posted the faster year-over-year revenue change (92.8% vs 10.6%). Over the past eight quarters, McEwen Inc.'s revenue compounded faster (25.2% 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.

McEwen Inc (ticker MUX) is a natural resource company primarily engaged in the exploration, development, and production of gold, silver, and copper assets. Its core operations are located across North and South America, serving global commodity markets with a focus on sustainable, responsible mining practices.

BFS vs MUX — Head-to-Head

Bigger by revenue
BFS
BFS
1.2× larger
BFS
$75.1M
$64.6M
MUX
Growing faster (revenue YoY)
MUX
MUX
+82.1% gap
MUX
92.8%
10.6%
BFS
Higher net margin
MUX
MUX
50.3% more per $
MUX
59.0%
8.7%
BFS
Faster 2-yr revenue CAGR
MUX
MUX
Annualised
MUX
25.2%
6.2%
BFS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFS
BFS
MUX
MUX
Revenue
$75.1M
$64.6M
Net Profit
$6.5M
$38.1M
Gross Margin
26.9%
Operating Margin
65.4%
34.2%
Net Margin
8.7%
59.0%
Revenue YoY
10.6%
92.8%
Net Profit YoY
-19.6%
563.1%
EPS (diluted)
$0.15
$0.66

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
MUX
MUX
Q4 25
$75.1M
$64.6M
Q3 25
$72.0M
$50.5M
Q2 25
$70.8M
$46.7M
Q1 25
$71.9M
$35.7M
Q4 24
$67.9M
$33.5M
Q3 24
$67.3M
$52.3M
Q2 24
$66.9M
$47.5M
Q1 24
$66.7M
$41.2M
Net Profit
BFS
BFS
MUX
MUX
Q4 25
$6.5M
$38.1M
Q3 25
$10.5M
$-462.0K
Q2 25
$10.7M
$3.0M
Q1 25
$9.8M
$-6.3M
Q4 24
$8.1M
$-8.2M
Q3 24
$14.5M
$-2.1M
Q2 24
$14.4M
$-13.0M
Q1 24
$13.6M
$-20.4M
Gross Margin
BFS
BFS
MUX
MUX
Q4 25
26.9%
Q3 25
15.5%
Q2 25
26.3%
Q1 25
28.2%
Q4 24
1.1%
Q3 24
73.6%
26.4%
Q2 24
74.2%
22.7%
Q1 24
72.8%
14.6%
Operating Margin
BFS
BFS
MUX
MUX
Q4 25
65.4%
34.2%
Q3 25
69.1%
-16.7%
Q2 25
68.7%
-7.2%
Q1 25
66.5%
-21.4%
Q4 24
82.9%
-43.4%
Q3 24
72.8%
-0.2%
Q2 24
75.0%
-29.4%
Q1 24
72.4%
-53.3%
Net Margin
BFS
BFS
MUX
MUX
Q4 25
8.7%
59.0%
Q3 25
14.6%
-0.9%
Q2 25
15.1%
6.5%
Q1 25
13.6%
-17.6%
Q4 24
11.9%
-24.6%
Q3 24
21.5%
-4.0%
Q2 24
21.6%
-27.4%
Q1 24
20.4%
-49.4%
EPS (diluted)
BFS
BFS
MUX
MUX
Q4 25
$0.15
$0.66
Q3 25
$0.32
$-0.01
Q2 25
$0.33
$0.06
Q1 25
$0.29
$-0.12
Q4 24
$0.22
$-0.15
Q3 24
$0.48
$-0.04
Q2 24
$0.48
$-0.26
Q1 24
$0.45
$-0.41

Balance Sheet & Financial Strength

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

Metric
BFS
BFS
MUX
MUX
Cash + ST InvestmentsLiquidity on hand
$8.7M
$72.1M
Total DebtLower is stronger
$468.4M
$126.2M
Stockholders' EquityBook value
$307.8M
$546.2M
Total Assets
$2.2B
$820.2M
Debt / EquityLower = less leverage
1.52×
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
MUX
MUX
Q4 25
$8.7M
$72.1M
Q3 25
$11.8M
$75.4M
Q2 25
$5.3M
$69.5M
Q1 25
$6.5M
$79.3M
Q4 24
$10.3M
$15.3M
Q3 24
$7.2M
$30.2M
Q2 24
$6.9M
$42.6M
Q1 24
$7.1M
$22.0M
Total Debt
BFS
BFS
MUX
MUX
Q4 25
$468.4M
$126.2M
Q3 25
$1.6B
$126.0M
Q2 25
$1.6B
$125.8M
Q1 25
$1.5B
$125.5M
Q4 24
$455.8M
$40.0M
Q3 24
$1.5B
$31.0M
Q2 24
$1.4B
$34.0M
Q1 24
$1.4B
$37.0M
Stockholders' Equity
BFS
BFS
MUX
MUX
Q4 25
$307.8M
$546.2M
Q3 25
$316.6M
$488.6M
Q2 25
$322.4M
$484.5M
Q1 25
$328.4M
$479.8M
Q4 24
$335.8M
$495.0M
Q3 24
$341.8M
$502.1M
Q2 24
$345.7M
$485.2M
Q1 24
$347.1M
$482.5M
Total Assets
BFS
BFS
MUX
MUX
Q4 25
$2.2B
$820.2M
Q3 25
$2.2B
$747.6M
Q2 25
$2.1B
$735.6M
Q1 25
$2.1B
$730.6M
Q4 24
$2.1B
$664.6M
Q3 24
$2.1B
$667.8M
Q2 24
$2.1B
$645.1M
Q1 24
$2.0B
$638.7M
Debt / Equity
BFS
BFS
MUX
MUX
Q4 25
1.52×
0.23×
Q3 25
5.02×
0.26×
Q2 25
4.85×
0.26×
Q1 25
4.70×
0.26×
Q4 24
1.36×
0.08×
Q3 24
4.37×
0.06×
Q2 24
4.17×
0.07×
Q1 24
4.06×
0.08×

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
MUX
MUX
Operating Cash FlowLast quarter
$99.8M
$3.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
15.35×
0.08×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
MUX
MUX
Q4 25
$99.8M
$3.1M
Q3 25
$20.6M
$5.2M
Q2 25
$26.6M
$478.0K
Q1 25
$30.4M
$-1.9M
Q4 24
$121.2M
$-1.2M
Q3 24
$26.5M
$23.2M
Q2 24
$32.1M
$3.6M
Q1 24
$33.8M
$3.9M
Free Cash Flow
BFS
BFS
MUX
MUX
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
MUX
MUX
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
MUX
MUX
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
MUX
MUX
Q4 25
15.35×
0.08×
Q3 25
1.97×
Q2 25
2.48×
0.16×
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.

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