vs

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

SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $66.8M, roughly 1.1× NACCO INDUSTRIES INC). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs -5.8%, a 14.4% gap on every dollar of revenue. On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs -5.2%). Over the past eight quarters, NACCO INDUSTRIES INC's revenue compounded faster (11.9% 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.

NACCO Industries, Inc. is an American publicly traded holding company, headquartered in Cleveland, Ohio. Through a portfolio of mining and natural resources businesses, the company operates under three business segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies and an activated carbon producer pursuant to a service-based business model. The North American Mining se...

BFS vs NC — Head-to-Head

Bigger by revenue
BFS
BFS
1.1× larger
BFS
$75.1M
$66.8M
NC
Growing faster (revenue YoY)
BFS
BFS
+15.8% gap
BFS
10.6%
-5.2%
NC
Higher net margin
BFS
BFS
14.4% more per $
BFS
8.7%
-5.8%
NC
Faster 2-yr revenue CAGR
NC
NC
Annualised
NC
11.9%
6.2%
BFS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFS
BFS
NC
NC
Revenue
$75.1M
$66.8M
Net Profit
$6.5M
$-3.8M
Gross Margin
18.0%
Operating Margin
65.4%
11.3%
Net Margin
8.7%
-5.8%
Revenue YoY
10.6%
-5.2%
Net Profit YoY
-19.6%
-150.8%
EPS (diluted)
$0.15
$-0.53

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
NC
NC
Q4 25
$75.1M
$66.8M
Q3 25
$72.0M
$76.6M
Q2 25
$70.8M
$68.2M
Q1 25
$71.9M
$65.6M
Q4 24
$67.9M
$70.4M
Q3 24
$67.3M
$61.7M
Q2 24
$66.9M
$52.3M
Q1 24
$66.7M
$53.3M
Net Profit
BFS
BFS
NC
NC
Q4 25
$6.5M
$-3.8M
Q3 25
$10.5M
$13.3M
Q2 25
$10.7M
$3.3M
Q1 25
$9.8M
$4.9M
Q4 24
$8.1M
$7.6M
Q3 24
$14.5M
$15.6M
Q2 24
$14.4M
$6.0M
Q1 24
$13.6M
$4.6M
Gross Margin
BFS
BFS
NC
NC
Q4 25
18.0%
Q3 25
13.0%
Q2 25
10.0%
Q1 25
14.7%
Q4 24
12.0%
Q3 24
73.6%
11.7%
Q2 24
74.2%
13.4%
Q1 24
72.8%
13.2%
Operating Margin
BFS
BFS
NC
NC
Q4 25
65.4%
11.3%
Q3 25
69.1%
8.8%
Q2 25
68.7%
-0.1%
Q1 25
66.5%
11.7%
Q4 24
82.9%
5.5%
Q3 24
72.8%
31.9%
Q2 24
75.0%
14.1%
Q1 24
72.4%
8.9%
Net Margin
BFS
BFS
NC
NC
Q4 25
8.7%
-5.8%
Q3 25
14.6%
17.3%
Q2 25
15.1%
4.8%
Q1 25
13.6%
7.5%
Q4 24
11.9%
10.7%
Q3 24
21.5%
25.4%
Q2 24
21.6%
11.4%
Q1 24
20.4%
8.6%
EPS (diluted)
BFS
BFS
NC
NC
Q4 25
$0.15
$-0.53
Q3 25
$0.32
$1.78
Q2 25
$0.33
$0.44
Q1 25
$0.29
$0.66
Q4 24
$0.22
$0.99
Q3 24
$0.48
$2.14
Q2 24
$0.48
$0.81
Q1 24
$0.45
$0.61

Balance Sheet & Financial Strength

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

Metric
BFS
BFS
NC
NC
Cash + ST InvestmentsLiquidity on hand
$8.7M
$49.7M
Total DebtLower is stronger
$468.4M
$100.8M
Stockholders' EquityBook value
$307.8M
$429.2M
Total Assets
$2.2B
$661.2M
Debt / EquityLower = less leverage
1.52×
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
NC
NC
Q4 25
$8.7M
$49.7M
Q3 25
$11.8M
$52.7M
Q2 25
$5.3M
$49.4M
Q1 25
$6.5M
$61.9M
Q4 24
$10.3M
$72.8M
Q3 24
$7.2M
$63.1M
Q2 24
$6.9M
$62.4M
Q1 24
$7.1M
$61.8M
Total Debt
BFS
BFS
NC
NC
Q4 25
$468.4M
$100.8M
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$455.8M
$99.4M
Q3 24
$1.5B
Q2 24
$1.4B
$29.0M
Q1 24
$1.4B
$28.4M
Stockholders' Equity
BFS
BFS
NC
NC
Q4 25
$307.8M
$429.2M
Q3 25
$316.6M
$426.4M
Q2 25
$322.4M
$413.1M
Q1 25
$328.4M
$409.1M
Q4 24
$335.8M
$404.9M
Q3 24
$341.8M
$397.3M
Q2 24
$345.7M
$384.1M
Q1 24
$347.1M
$381.6M
Total Assets
BFS
BFS
NC
NC
Q4 25
$2.2B
$661.2M
Q3 25
$2.2B
$637.6M
Q2 25
$2.1B
$631.3M
Q1 25
$2.1B
$634.2M
Q4 24
$2.1B
$631.7M
Q3 24
$2.1B
$597.4M
Q2 24
$2.1B
$560.1M
Q1 24
$2.0B
$538.0M
Debt / Equity
BFS
BFS
NC
NC
Q4 25
1.52×
0.23×
Q3 25
5.02×
Q2 25
4.85×
Q1 25
4.70×
Q4 24
1.36×
0.25×
Q3 24
4.37×
Q2 24
4.17×
0.08×
Q1 24
4.06×
0.07×

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
NC
NC
Operating Cash FlowLast quarter
$99.8M
$11.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
15.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
NC
NC
Q4 25
$99.8M
$11.4M
Q3 25
$20.6M
$42.3M
Q2 25
$26.6M
$-7.8M
Q1 25
$30.4M
$5.0M
Q4 24
$121.2M
$25.2M
Q3 24
$26.5M
$2.8M
Q2 24
$32.1M
$4.1M
Q1 24
$33.8M
$-9.8M
Free Cash Flow
BFS
BFS
NC
NC
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
NC
NC
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
NC
NC
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
NC
NC
Q4 25
15.35×
Q3 25
1.97×
3.19×
Q2 25
2.48×
-2.39×
Q1 25
3.10×
1.03×
Q4 24
14.98×
3.33×
Q3 24
1.83×
0.18×
Q2 24
2.22×
0.68×
Q1 24
2.48×
-2.14×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BFS
BFS

Segment breakdown not available.

NC
NC

Transferred Over Time$42.7M64%
Transferred At Point In Time$24.1M36%

Related Comparisons