vs
Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and BRAND HOUSE COLLECTIVE, INC. (TBHC). Click either name above to swap in a different company.
BRAND HOUSE COLLECTIVE, INC. is the larger business by last-quarter revenue ($103.5M vs $75.1M, roughly 1.4× SAUL CENTERS, INC.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs -3.6%, a 12.2% gap on every dollar of revenue. On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs -9.6%). Over the past eight quarters, SAUL CENTERS, INC.'s revenue compounded faster (6.2% CAGR vs -21.0%).
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.
Soho House is an international private members’ club with a focus on the media, arts and fashion industries.
BFS vs TBHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $103.5M |
| Net Profit | $6.5M | $-3.7M |
| Gross Margin | — | 20.4% |
| Operating Margin | 65.4% | -1.9% |
| Net Margin | 8.7% | -3.6% |
| Revenue YoY | 10.6% | -9.6% |
| Net Profit YoY | -19.6% | 51.8% |
| EPS (diluted) | $0.15 | $-0.16 |
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.
| Q4 25 | $75.1M | $103.5M | ||
| Q3 25 | $72.0M | $75.8M | ||
| Q2 25 | $70.8M | $81.5M | ||
| Q1 25 | $71.9M | $148.9M | ||
| Q4 24 | $67.9M | $114.4M | ||
| Q3 24 | $67.3M | $86.3M | ||
| Q2 24 | $66.9M | $91.8M | ||
| Q1 24 | $66.7M | $165.9M |
| Q4 25 | $6.5M | $-3.7M | ||
| Q3 25 | $10.5M | $-20.2M | ||
| Q2 25 | $10.7M | $-11.8M | ||
| Q1 25 | $9.8M | $7.9M | ||
| Q4 24 | $8.1M | $-7.7M | ||
| Q3 24 | $14.5M | $-14.5M | ||
| Q2 24 | $14.4M | $-8.8M | ||
| Q1 24 | $13.6M | $10.1M |
| Q4 25 | — | 20.4% | ||
| Q3 25 | — | 16.3% | ||
| Q2 25 | — | 24.9% | ||
| Q1 25 | — | 30.3% | ||
| Q4 24 | — | 28.1% | ||
| Q3 24 | 73.6% | 20.5% | ||
| Q2 24 | 74.2% | 29.5% | ||
| Q1 24 | 72.8% | 32.0% |
| Q4 25 | 65.4% | -1.9% | ||
| Q3 25 | 69.1% | -24.7% | ||
| Q2 25 | 68.7% | -12.9% | ||
| Q1 25 | 66.5% | 6.2% | ||
| Q4 24 | 82.9% | -2.1% | ||
| Q3 24 | 72.8% | -15.4% | ||
| Q2 24 | 75.0% | -8.2% | ||
| Q1 24 | 72.4% | 6.4% |
| Q4 25 | 8.7% | -3.6% | ||
| Q3 25 | 14.6% | -26.6% | ||
| Q2 25 | 15.1% | -14.5% | ||
| Q1 25 | 13.6% | 5.3% | ||
| Q4 24 | 11.9% | -6.7% | ||
| Q3 24 | 21.5% | -16.8% | ||
| Q2 24 | 21.6% | -9.6% | ||
| Q1 24 | 20.4% | 6.1% |
| Q4 25 | $0.15 | $-0.16 | ||
| Q3 25 | $0.32 | $-0.90 | ||
| Q2 25 | $0.33 | $-0.54 | ||
| Q1 25 | $0.29 | $0.61 | ||
| Q4 24 | $0.22 | $-0.59 | ||
| Q3 24 | $0.48 | $-1.11 | ||
| Q2 24 | $0.48 | $-0.68 | ||
| Q1 24 | $0.45 | $0.80 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.7M | $6.5M |
| Total DebtLower is stronger | $468.4M | — |
| Stockholders' EquityBook value | $307.8M | $-44.0M |
| Total Assets | $2.2B | $229.2M |
| Debt / EquityLower = less leverage | 1.52× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.7M | $6.5M | ||
| Q3 25 | $11.8M | $3.6M | ||
| Q2 25 | $5.3M | $3.5M | ||
| Q1 25 | $6.5M | $3.8M | ||
| Q4 24 | $10.3M | $6.8M | ||
| Q3 24 | $7.2M | $4.5M | ||
| Q2 24 | $6.9M | $3.8M | ||
| Q1 24 | $7.1M | $3.8M |
| Q4 25 | $468.4M | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.5B | $64.0M | ||
| Q4 24 | $455.8M | $85.8M | ||
| Q3 24 | $1.5B | $61.4M | ||
| Q2 24 | $1.4B | $47.5M | ||
| Q1 24 | $1.4B | $34.0M |
| Q4 25 | $307.8M | $-44.0M | ||
| Q3 25 | $316.6M | $-35.2M | ||
| Q2 25 | $322.4M | $-16.2M | ||
| Q1 25 | $328.4M | $-19.0M | ||
| Q4 24 | $335.8M | $-27.1M | ||
| Q3 24 | $341.8M | $-19.7M | ||
| Q2 24 | $345.7M | $-5.5M | ||
| Q1 24 | $347.1M | $3.1M |
| Q4 25 | $2.2B | $229.2M | ||
| Q3 25 | $2.2B | $221.9M | ||
| Q2 25 | $2.1B | $225.4M | ||
| Q1 25 | $2.1B | $242.2M | ||
| Q4 24 | $2.1B | $279.8M | ||
| Q3 24 | $2.1B | $266.2M | ||
| Q2 24 | $2.1B | $242.6M | ||
| Q1 24 | $2.0B | $250.6M |
| 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× | 10.88× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $99.8M | $-25.9M |
| Free Cash FlowOCF − Capex | — | $-26.8M |
| FCF MarginFCF / Revenue | — | -25.9% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | 15.35× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-18.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $99.8M | $-25.9M | ||
| Q3 25 | $20.6M | $-7.0M | ||
| Q2 25 | $26.6M | $-3.1M | ||
| Q1 25 | $30.4M | $19.8M | ||
| Q4 24 | $121.2M | $-12.6M | ||
| Q3 24 | $26.5M | $-12.7M | ||
| Q2 24 | $32.1M | $-13.7M | ||
| Q1 24 | $33.8M | $28.2M |
| Q4 25 | — | $-26.8M | ||
| Q3 25 | — | $-7.4M | ||
| Q2 25 | — | $-3.6M | ||
| Q1 25 | — | $19.0M | ||
| Q4 24 | — | $-13.1M | ||
| Q3 24 | $-28.3M | $-13.2M | ||
| Q2 24 | $-12.5M | $-14.4M | ||
| Q1 24 | $-11.7M | $26.7M |
| Q4 25 | — | -25.9% | ||
| Q3 25 | — | -9.8% | ||
| Q2 25 | — | -4.5% | ||
| Q1 25 | — | 12.8% | ||
| Q4 24 | — | -11.5% | ||
| Q3 24 | -42.1% | -15.2% | ||
| Q2 24 | -18.7% | -15.7% | ||
| Q1 24 | -17.6% | 16.1% |
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | 81.5% | 0.5% | ||
| Q2 24 | 66.7% | 0.8% | ||
| Q1 24 | 68.3% | 0.9% |
| Q4 25 | 15.35× | — | ||
| Q3 25 | 1.97× | — | ||
| Q2 25 | 2.48× | — | ||
| Q1 25 | 3.10× | 2.51× | ||
| Q4 24 | 14.98× | — | ||
| Q3 24 | 1.83× | — | ||
| Q2 24 | 2.22× | — | ||
| Q1 24 | 2.48× | 2.79× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
