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Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.

SMITH & WESSON BRANDS, INC. is the larger business by last-quarter revenue ($124.7M vs $75.1M, roughly 1.7× SAUL CENTERS, INC.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs 1.5%, a 7.1% gap on every dollar of revenue. On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs -3.9%). Over the past eight quarters, SAUL CENTERS, INC.'s revenue compounded faster (6.2% CAGR vs -4.8%).

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.

Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.

BFS vs SWBI — Head-to-Head

Bigger by revenue
SWBI
SWBI
1.7× larger
SWBI
$124.7M
$75.1M
BFS
Growing faster (revenue YoY)
BFS
BFS
+14.5% gap
BFS
10.6%
-3.9%
SWBI
Higher net margin
BFS
BFS
7.1% more per $
BFS
8.7%
1.5%
SWBI
Faster 2-yr revenue CAGR
BFS
BFS
Annualised
BFS
6.2%
-4.8%
SWBI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
BFS
BFS
SWBI
SWBI
Revenue
$75.1M
$124.7M
Net Profit
$6.5M
$1.9M
Gross Margin
24.3%
Operating Margin
65.4%
3.3%
Net Margin
8.7%
1.5%
Revenue YoY
10.6%
-3.9%
Net Profit YoY
-19.6%
-53.6%
EPS (diluted)
$0.15
$0.04

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
SWBI
SWBI
Q4 25
$75.1M
$124.7M
Q3 25
$72.0M
$85.1M
Q2 25
$70.8M
$140.8M
Q1 25
$71.9M
$115.9M
Q4 24
$67.9M
$129.7M
Q3 24
$67.3M
$88.3M
Q2 24
$66.9M
$159.1M
Q1 24
$66.7M
$137.5M
Net Profit
BFS
BFS
SWBI
SWBI
Q4 25
$6.5M
$1.9M
Q3 25
$10.5M
$-3.4M
Q2 25
$10.7M
$8.6M
Q1 25
$9.8M
$2.1M
Q4 24
$8.1M
$4.5M
Q3 24
$14.5M
$-1.9M
Q2 24
$14.4M
$27.9M
Q1 24
$13.6M
$7.9M
Gross Margin
BFS
BFS
SWBI
SWBI
Q4 25
24.3%
Q3 25
25.9%
Q2 25
28.8%
Q1 25
24.1%
Q4 24
26.6%
Q3 24
73.6%
27.4%
Q2 24
74.2%
35.5%
Q1 24
72.8%
28.7%
Operating Margin
BFS
BFS
SWBI
SWBI
Q4 25
65.4%
3.3%
Q3 25
69.1%
-3.5%
Q2 25
68.7%
9.3%
Q1 25
66.5%
4.1%
Q4 24
82.9%
5.8%
Q3 24
72.8%
-1.7%
Q2 24
75.0%
17.4%
Q1 24
72.4%
8.2%
Net Margin
BFS
BFS
SWBI
SWBI
Q4 25
8.7%
1.5%
Q3 25
14.6%
-4.0%
Q2 25
15.1%
6.1%
Q1 25
13.6%
1.8%
Q4 24
11.9%
3.5%
Q3 24
21.5%
-2.1%
Q2 24
21.6%
17.5%
Q1 24
20.4%
5.7%
EPS (diluted)
BFS
BFS
SWBI
SWBI
Q4 25
$0.15
$0.04
Q3 25
$0.32
$-0.08
Q2 25
$0.33
$0.19
Q1 25
$0.29
$0.05
Q4 24
$0.22
$0.10
Q3 24
$0.48
$-0.04
Q2 24
$0.48
$0.60
Q1 24
$0.45
$0.17

Balance Sheet & Financial Strength

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

Metric
BFS
BFS
SWBI
SWBI
Cash + ST InvestmentsLiquidity on hand
$8.7M
$22.4M
Total DebtLower is stronger
$468.4M
Stockholders' EquityBook value
$307.8M
$363.2M
Total Assets
$2.2B
$548.6M
Debt / EquityLower = less leverage
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
SWBI
SWBI
Q4 25
$8.7M
$22.4M
Q3 25
$11.8M
$18.0M
Q2 25
$5.3M
$25.2M
Q1 25
$6.5M
$26.7M
Q4 24
$10.3M
$39.1M
Q3 24
$7.2M
$35.5M
Q2 24
$6.9M
$60.8M
Q1 24
$7.1M
$47.4M
Total Debt
BFS
BFS
SWBI
SWBI
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
SWBI
SWBI
Q4 25
$307.8M
$363.2M
Q3 25
$316.6M
$364.4M
Q2 25
$322.4M
$372.5M
Q1 25
$328.4M
$366.9M
Q4 24
$335.8M
$371.5M
Q3 24
$341.8M
$380.0M
Q2 24
$345.7M
$399.9M
Q1 24
$347.1M
$376.4M
Total Assets
BFS
BFS
SWBI
SWBI
Q4 25
$2.2B
$548.6M
Q3 25
$2.2B
$554.6M
Q2 25
$2.1B
$559.6M
Q1 25
$2.1B
$578.9M
Q4 24
$2.1B
$587.4M
Q3 24
$2.1B
$571.3M
Q2 24
$2.1B
$577.4M
Q1 24
$2.0B
$570.6M
Debt / Equity
BFS
BFS
SWBI
SWBI
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
SWBI
SWBI
Operating Cash FlowLast quarter
$99.8M
$27.3M
Free Cash FlowOCF − Capex
$16.3M
FCF MarginFCF / Revenue
13.1%
Capex IntensityCapex / Revenue
8.8%
Cash ConversionOCF / Net Profit
15.35×
14.22×
TTM Free Cash FlowTrailing 4 quarters
$21.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
SWBI
SWBI
Q4 25
$99.8M
$27.3M
Q3 25
$20.6M
$-8.1M
Q2 25
$26.6M
$40.8M
Q1 25
$30.4M
$-9.8M
Q4 24
$121.2M
$-7.4M
Q3 24
$26.5M
$-30.8M
Q2 24
$32.1M
$43.7M
Q1 24
$33.8M
$25.2M
Free Cash Flow
BFS
BFS
SWBI
SWBI
Q4 25
$16.3M
Q3 25
$-12.4M
Q2 25
$33.5M
Q1 25
$-16.1M
Q4 24
$-10.7M
Q3 24
$-28.3M
$-35.5M
Q2 24
$-12.5M
$38.2M
Q1 24
$-11.7M
$7.0M
FCF Margin
BFS
BFS
SWBI
SWBI
Q4 25
13.1%
Q3 25
-14.6%
Q2 25
23.8%
Q1 25
-13.9%
Q4 24
-8.3%
Q3 24
-42.1%
-40.2%
Q2 24
-18.7%
24.0%
Q1 24
-17.6%
5.1%
Capex Intensity
BFS
BFS
SWBI
SWBI
Q4 25
8.8%
Q3 25
5.0%
Q2 25
5.2%
Q1 25
5.4%
Q4 24
2.5%
Q3 24
81.5%
5.3%
Q2 24
66.7%
3.5%
Q1 24
68.3%
13.2%
Cash Conversion
BFS
BFS
SWBI
SWBI
Q4 25
15.35×
14.22×
Q3 25
1.97×
Q2 25
2.48×
4.73×
Q1 25
3.10×
-4.68×
Q4 24
14.98×
-1.63×
Q3 24
1.83×
Q2 24
2.22×
1.57×
Q1 24
2.48×
3.20×

Financial Flow Comparison

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

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