vs
SAUL CENTERS, INC.（BFS）与Summit Midstream Corp（SMC）财务数据对比。点击上方公司名可切换其他公司
Summit Midstream Corp的季度营收约是SAUL CENTERS, INC.的1.9倍（$142.3M vs $75.1M），SAUL CENTERS, INC.净利率更高（8.7% vs -5.1%，领先13.8%）
Saul Centers, Inc.是一家总部位于美国的自主运营房地产投资信托，主要持有、运营及开发优质购物中心、混合用途物业与多户住宅资产，核心资产组合集中在华盛顿大都会区及美国其他精选高增长区域市场。
Summit Midstream Corp是一家北美中游能源企业，为上游油气生产商提供天然气与原油收集管道、压缩设施及采出水处理等基础设施服务，运营资产主要分布于美国多个核心陆上油气资源盆地。
BFS vs SMC — 直观对比
营收规模更大
SMC
是对方的1.9倍
$75.1M
净利率更高
BFS
高出13.8%
-5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $75.1M | $142.3M |
| 净利润 | $6.5M | $-7.3M |
| 毛利率 | — | 72.1% |
| 营业利润率 | 65.4% | -5.5% |
| 净利率 | 8.7% | -5.1% |
| 营收同比 | 10.6% | — |
| 净利润同比 | -19.6% | — |
| 每股收益（稀释后） | $0.15 | $-0.66 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BFSSMC
| Q4 25 | $75.1M | $142.3M | ||
| Q3 25 | $72.0M | $146.9M | ||
| Q2 25 | $70.8M | $140.2M | ||
| Q1 25 | $71.9M | $132.7M | ||
| Q4 24 | $67.9M | — | ||
| Q3 24 | $67.3M | $102.4M | ||
| Q2 24 | $66.9M | — | ||
| Q1 24 | $66.7M | — |
净利润BFSSMC
| Q4 25 | $6.5M | $-7.3M | ||
| Q3 25 | $10.5M | $-1.6M | ||
| Q2 25 | $10.7M | $-8.0M | ||
| Q1 25 | $9.8M | $2.0M | ||
| Q4 24 | $8.1M | — | ||
| Q3 24 | $14.5M | $-204.9M | ||
| Q2 24 | $14.4M | — | ||
| Q1 24 | $13.6M | — |
毛利率BFSSMC
| Q4 25 | — | 72.1% | ||
| Q3 25 | — | 74.0% | ||
| Q2 25 | — | 74.4% | ||
| Q1 25 | — | 73.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | 73.6% | 72.4% | ||
| Q2 24 | 74.2% | — | ||
| Q1 24 | 72.8% | — |
营业利润率BFSSMC
| Q4 25 | 65.4% | -5.5% | ||
| Q3 25 | 69.1% | 3.8% | ||
| Q2 25 | 68.7% | -3.6% | ||
| Q1 25 | 66.5% | 3.7% | ||
| Q4 24 | 82.9% | — | ||
| Q3 24 | 72.8% | -53.7% | ||
| Q2 24 | 75.0% | — | ||
| Q1 24 | 72.4% | — |
净利率BFSSMC
| Q4 25 | 8.7% | -5.1% | ||
| Q3 25 | 14.6% | -1.1% | ||
| Q2 25 | 15.1% | -5.7% | ||
| Q1 25 | 13.6% | 1.5% | ||
| Q4 24 | 11.9% | — | ||
| Q3 24 | 21.5% | -200.1% | ||
| Q2 24 | 21.6% | — | ||
| Q1 24 | 20.4% | — |
每股收益（稀释后）BFSSMC
| Q4 25 | $0.15 | $-0.66 | ||
| Q3 25 | $0.32 | $-0.13 | ||
| Q2 25 | $0.33 | $-0.66 | ||
| Q1 25 | $0.29 | $-0.16 | ||
| Q4 24 | $0.22 | — | ||
| Q3 24 | $0.48 | $-19.25 | ||
| Q2 24 | $0.48 | — | ||
| Q1 24 | $0.45 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $8.7M | $9.3M |
| 总债务越低越好 | $468.4M | $1.0B |
| 股东权益账面价值 | $307.8M | $546.2M |
| 总资产 | $2.2B | $2.4B |
| 负债/权益比越低杠杆越低 | 1.52× | 1.91× |
8季度趋势，按日历期对齐
现金及短期投资BFSSMC
| Q4 25 | $8.7M | $9.3M | ||
| Q3 25 | $11.8M | $24.6M | ||
| Q2 25 | $5.3M | $20.9M | ||
| Q1 25 | $6.5M | $26.2M | ||
| Q4 24 | $10.3M | — | ||
| Q3 24 | $7.2M | $17.8M | ||
| Q2 24 | $6.9M | — | ||
| Q1 24 | $7.1M | — |
总债务BFSSMC
| Q4 25 | $468.4M | $1.0B | ||
| Q3 25 | $1.6B | $1.1B | ||
| Q2 25 | $1.6B | $1.1B | ||
| Q1 25 | $1.5B | $1.1B | ||
| Q4 24 | $455.8M | — | ||
| Q3 24 | $1.5B | $957.0M | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
股东权益BFSSMC
| Q4 25 | $307.8M | $546.2M | ||
| Q3 25 | $316.6M | $551.9M | ||
| Q2 25 | $322.4M | $552.0M | ||
| Q1 25 | $328.4M | $558.1M | ||
| Q4 24 | $335.8M | — | ||
| Q3 24 | $341.8M | $651.5M | ||
| Q2 24 | $345.7M | — | ||
| Q1 24 | $347.1M | — |
总资产BFSSMC
| Q4 25 | $2.2B | $2.4B | ||
| Q3 25 | $2.2B | $2.4B | ||
| Q2 25 | $2.1B | $2.4B | ||
| Q1 25 | $2.1B | $2.4B | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.1B | $2.0B | ||
| Q2 24 | $2.1B | — | ||
| Q1 24 | $2.0B | — |
负债/权益比BFSSMC
| Q4 25 | 1.52× | 1.91× | ||
| Q3 25 | 5.02× | 1.96× | ||
| Q2 25 | 4.85× | 1.95× | ||
| Q1 25 | 4.70× | 1.94× | ||
| Q4 24 | 1.36× | — | ||
| Q3 24 | 4.37× | 1.47× | ||
| Q2 24 | 4.17× | — | ||
| Q1 24 | 4.06× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $99.8M | $53.7M |
| 自由现金流经营现金流 - 资本支出 | — | $34.5M |
| 自由现金流率自由现金流/营收 | — | 24.3% |
| 资本支出强度资本支出/营收 | — | 13.4% |
| 现金转化率经营现金流/净利润 | 15.35× | — |
| 过去12个月自由现金流最近4个季度 | — | $44.6M |
8季度趋势，按日历期对齐
经营现金流BFSSMC
| Q4 25 | $99.8M | $53.7M | ||
| Q3 25 | $20.6M | $26.7M | ||
| Q2 25 | $26.6M | $37.2M | ||
| Q1 25 | $30.4M | $16.0M | ||
| Q4 24 | $121.2M | — | ||
| Q3 24 | $26.5M | — | ||
| Q2 24 | $32.1M | — | ||
| Q1 24 | $33.8M | — |
自由现金流BFSSMC
| Q4 25 | — | $34.5M | ||
| Q3 25 | — | $3.8M | ||
| Q2 25 | — | $10.8M | ||
| Q1 25 | — | $-4.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-28.3M | — | ||
| Q2 24 | $-12.5M | — | ||
| Q1 24 | $-11.7M | — |
自由现金流率BFSSMC
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | -3.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | -42.1% | — | ||
| Q2 24 | -18.7% | — | ||
| Q1 24 | -17.6% | — |
资本支出强度BFSSMC
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 15.6% | ||
| Q2 25 | — | 18.8% | ||
| Q1 25 | — | 15.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | 81.5% | — | ||
| Q2 24 | 66.7% | — | ||
| Q1 24 | 68.3% | — |
现金转化率BFSSMC
| Q4 25 | 15.35× | — | ||
| Q3 25 | 1.97× | — | ||
| Q2 25 | 2.48× | — | ||
| Q1 25 | 3.10× | 7.89× | ||
| Q4 24 | 14.98× | — | ||
| Q3 24 | 1.83× | — | ||
| Q2 24 | 2.22× | — | ||
| Q1 24 | 2.48× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BFS
暂无分部数据
SMC
| Rockies Segment | $86.2M | 61% |
| Mid Con Barnett Shale Segment | $39.4M | 28% |
| Piceance Basin Segment | $15.8M | 11% |
