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Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and VINCE HOLDING CORP. (VNCE). Click either name above to swap in a different company.
VINCE HOLDING CORP. is the larger business by last-quarter revenue ($85.1M vs $75.1M, roughly 1.1× SAUL CENTERS, INC.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs 3.2%, a 5.5% gap on every dollar of revenue. On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs 6.2%). Over the past eight quarters, VINCE HOLDING CORP.'s revenue compounded faster (6.3% 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.
VINCE. is a contemporary clothing fashion brand founded in 2002. In 2023 Authentic Brands Group purchased its intellectual property in a $76.5 million deal.
BFS vs VNCE — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $85.1M |
| Net Profit | $6.5M | $2.7M |
| Gross Margin | — | 49.2% |
| Operating Margin | 65.4% | 6.4% |
| Net Margin | 8.7% | 3.2% |
| Revenue YoY | 10.6% | 6.2% |
| Net Profit YoY | -19.6% | -37.3% |
| EPS (diluted) | $0.15 | $0.21 |
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 | $85.1M | ||
| Q3 25 | $72.0M | $73.2M | ||
| Q2 25 | $70.8M | $57.9M | ||
| Q1 25 | $71.9M | $80.0M | ||
| Q4 24 | $67.9M | $80.2M | ||
| Q3 24 | $67.3M | $74.2M | ||
| Q2 24 | $66.9M | $59.2M | ||
| Q1 24 | $66.7M | $75.3M |
| Q4 25 | $6.5M | $2.7M | ||
| Q3 25 | $10.5M | $12.1M | ||
| Q2 25 | $10.7M | $-4.8M | ||
| Q1 25 | $9.8M | $-28.3M | ||
| Q4 24 | $8.1M | $4.3M | ||
| Q3 24 | $14.5M | $569.0K | ||
| Q2 24 | $14.4M | $4.4M | ||
| Q1 24 | $13.6M | $-4.7M |
| Q4 25 | — | 49.2% | ||
| Q3 25 | — | 50.4% | ||
| Q2 25 | — | 50.3% | ||
| Q1 25 | — | 50.1% | ||
| Q4 24 | — | 50.0% | ||
| Q3 24 | 73.6% | 47.4% | ||
| Q2 24 | 74.2% | 50.6% | ||
| Q1 24 | 72.8% | 45.4% |
| Q4 25 | 65.4% | 6.4% | ||
| Q3 25 | 69.1% | 15.2% | ||
| Q2 25 | 68.7% | -7.7% | ||
| Q1 25 | 66.5% | -37.1% | ||
| Q4 24 | 82.9% | 7.2% | ||
| Q3 24 | 72.8% | 1.5% | ||
| Q2 24 | 75.0% | 9.5% | ||
| Q1 24 | 72.4% | -2.2% |
| Q4 25 | 8.7% | 3.2% | ||
| Q3 25 | 14.6% | 16.5% | ||
| Q2 25 | 15.1% | -8.3% | ||
| Q1 25 | 13.6% | -35.5% | ||
| Q4 24 | 11.9% | 5.4% | ||
| Q3 24 | 21.5% | 0.8% | ||
| Q2 24 | 21.6% | 7.4% | ||
| Q1 24 | 20.4% | -6.2% |
| Q4 25 | $0.15 | $0.21 | ||
| Q3 25 | $0.32 | $0.93 | ||
| Q2 25 | $0.33 | $-0.37 | ||
| Q1 25 | $0.29 | $-2.25 | ||
| Q4 24 | $0.22 | $0.34 | ||
| Q3 24 | $0.48 | $0.05 | ||
| Q2 24 | $0.48 | $0.35 | ||
| Q1 24 | $0.45 | $-0.37 |
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 | $1.1M |
| Total DebtLower is stronger | $468.4M | — |
| Stockholders' EquityBook value | $307.8M | $53.4M |
| Total Assets | $2.2B | $246.0M |
| Debt / EquityLower = less leverage | 1.52× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.7M | $1.1M | ||
| Q3 25 | $11.8M | $777.0K | ||
| Q2 25 | $5.3M | $2.6M | ||
| Q1 25 | $6.5M | $607.0K | ||
| Q4 24 | $10.3M | $892.0K | ||
| Q3 24 | $7.2M | $711.0K | ||
| Q2 24 | $6.9M | $739.0K | ||
| Q1 24 | $7.1M | $357.0K |
| 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 | — |
| Q4 25 | $307.8M | $53.4M | ||
| Q3 25 | $316.6M | $49.3M | ||
| Q2 25 | $322.4M | $37.2M | ||
| Q1 25 | $328.4M | $41.8M | ||
| Q4 24 | $335.8M | $57.1M | ||
| Q3 24 | $341.8M | $52.4M | ||
| Q2 24 | $345.7M | $51.7M | ||
| Q1 24 | $347.1M | $47.2M |
| Q4 25 | $2.2B | $246.0M | ||
| Q3 25 | $2.2B | $239.0M | ||
| Q2 25 | $2.1B | $218.0M | ||
| Q1 25 | $2.1B | $222.7M | ||
| Q4 24 | $2.1B | $254.7M | ||
| Q3 24 | $2.1B | $253.6M | ||
| Q2 24 | $2.1B | $223.1M | ||
| Q1 24 | $2.0B | $225.1M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $99.8M | $-5.1M |
| Free Cash FlowOCF − Capex | — | $-5.7M |
| FCF MarginFCF / Revenue | — | -6.7% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | 15.35× | -1.86× |
| TTM Free Cash FlowTrailing 4 quarters | — | $4.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $99.8M | $-5.1M | ||
| Q3 25 | $20.6M | $4.2M | ||
| Q2 25 | $26.6M | $-11.8M | ||
| Q1 25 | $30.4M | $22.7M | ||
| Q4 24 | $121.2M | $6.4M | ||
| Q3 24 | $26.5M | $-3.2M | ||
| Q2 24 | $32.1M | $-3.9M | ||
| Q1 24 | $33.8M | $14.8M |
| Q4 25 | — | $-5.7M | ||
| Q3 25 | — | $2.1M | ||
| Q2 25 | — | $-13.2M | ||
| Q1 25 | — | $21.2M | ||
| Q4 24 | — | $5.1M | ||
| Q3 24 | $-28.3M | $-3.9M | ||
| Q2 24 | $-12.5M | $-4.6M | ||
| Q1 24 | $-11.7M | $14.2M |
| Q4 25 | — | -6.7% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | -22.9% | ||
| Q1 25 | — | 26.5% | ||
| Q4 24 | — | 6.4% | ||
| Q3 24 | -42.1% | -5.2% | ||
| Q2 24 | -18.7% | -7.8% | ||
| Q1 24 | -17.6% | 18.9% |
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | 81.5% | 0.9% | ||
| Q2 24 | 66.7% | 1.3% | ||
| Q1 24 | 68.3% | 0.7% |
| Q4 25 | 15.35× | -1.86× | ||
| Q3 25 | 1.97× | 0.35× | ||
| Q2 25 | 2.48× | — | ||
| Q1 25 | 3.10× | — | ||
| Q4 24 | 14.98× | 1.48× | ||
| Q3 24 | 1.83× | -5.61× | ||
| Q2 24 | 2.22× | -0.89× | ||
| Q1 24 | 2.48× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFS
Segment breakdown not available.
VNCE
| Vince Wholesale | $52.0M | 61% |
| Vince Direct To Consumer | $33.1M | 39% |
