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SAUL CENTERS, INC.（BFS）与Via Renewables, Inc.（VIASP）财务数据对比。点击上方公司名可切换其他公司
Via Renewables, Inc.的季度营收约是SAUL CENTERS, INC.的1.7倍（$127.8M vs $75.1M），SAUL CENTERS, INC.净利率更高（8.7% vs 5.4%，领先3.3%），Via Renewables, Inc.同比增速更快（22.5% vs 10.6%），过去两年SAUL CENTERS, INC.的营收复合增速更高（6.2% vs 5.9%）
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。
EDF电力解决方案是法国电力集团旗下全资子公司，专注可再生能源发电业务。作为一体化运营商，该集团开展可再生能源项目开发与融资，推进设施建设，同时为自有及第三方的可再生能源项目提供运营与维护服务。
BFS vs VIASP — 直观对比
营收规模更大
VIASP
是对方的1.7倍
$75.1M
营收增速更快
VIASP
高出11.9%
10.6%
净利率更高
BFS
高出3.3%
5.4%
两年增速更快
BFS
近两年复合增速
5.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $75.1M | $127.8M |
| 净利润 | $6.5M | $6.9M |
| 毛利率 | — | 34.4% |
| 营业利润率 | 65.4% | 15.2% |
| 净利率 | 8.7% | 5.4% |
| 营收同比 | 10.6% | 22.5% |
| 净利润同比 | -19.6% | -30.9% |
| 每股收益（稀释后） | $0.15 | $1.19 |
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BFSVIASP
| Q4 25 | $75.1M | $127.8M | ||
| Q3 25 | $72.0M | $103.3M | ||
| Q2 25 | $70.8M | $90.0M | ||
| Q1 25 | $71.9M | $142.3M | ||
| Q4 24 | $67.9M | $104.3M | ||
| Q3 24 | $67.3M | $93.8M | ||
| Q2 24 | $66.9M | $86.7M | ||
| Q1 24 | $66.7M | $114.1M |
净利润BFSVIASP
| Q4 25 | $6.5M | $6.9M | ||
| Q3 25 | $10.5M | $757.0K | ||
| Q2 25 | $10.7M | $2.7M | ||
| Q1 25 | $9.8M | $8.8M | ||
| Q4 24 | $8.1M | $9.9M | ||
| Q3 24 | $14.5M | $2.1M | ||
| Q2 24 | $14.4M | $7.6M | ||
| Q1 24 | $13.6M | $8.6M |
毛利率BFSVIASP
| Q4 25 | — | 34.4% | ||
| Q3 25 | — | 23.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 32.9% | ||
| Q4 24 | — | 51.9% | ||
| Q3 24 | 73.6% | 26.8% | ||
| Q2 24 | 74.2% | 50.4% | ||
| Q1 24 | 72.8% | 39.5% |
营业利润率BFSVIASP
| Q4 25 | 65.4% | 15.2% | ||
| Q3 25 | 69.1% | 3.1% | ||
| Q2 25 | 68.7% | 6.7% | ||
| Q1 25 | 66.5% | 17.5% | ||
| Q4 24 | 82.9% | 31.5% | ||
| Q3 24 | 72.8% | 5.3% | ||
| Q2 24 | 75.0% | 23.8% | ||
| Q1 24 | 72.4% | 22.6% |
净利率BFSVIASP
| Q4 25 | 8.7% | 5.4% | ||
| Q3 25 | 14.6% | 0.7% | ||
| Q2 25 | 15.1% | 3.0% | ||
| Q1 25 | 13.6% | 6.2% | ||
| Q4 24 | 11.9% | 9.5% | ||
| Q3 24 | 21.5% | 2.3% | ||
| Q2 24 | 21.6% | 8.8% | ||
| Q1 24 | 20.4% | 7.5% |
每股收益（稀释后）BFSVIASP
| Q4 25 | $0.15 | $1.19 | ||
| Q3 25 | $0.32 | $-0.41 | ||
| Q2 25 | $0.33 | $0.09 | ||
| Q1 25 | $0.29 | $1.83 | ||
| Q4 24 | $0.22 | $2.33 | ||
| Q3 24 | $0.48 | $-0.17 | ||
| Q2 24 | $0.48 | $1.51 | ||
| Q1 24 | $0.45 | $1.81 |
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 | $41.8M |
| 总债务越低越好 | $468.4M | $120.0M |
| 股东权益账面价值 | $307.8M | $67.7M |
| 总资产 | $2.2B | $331.3M |
| 负债/权益比越低杠杆越低 | 1.52× | 1.77× |
8季度趋势，按日历期对齐
现金及短期投资BFSVIASP
| Q4 25 | $8.7M | $41.8M | ||
| Q3 25 | $11.8M | $53.6M | ||
| Q2 25 | $5.3M | $62.1M | ||
| Q1 25 | $6.5M | $64.7M | ||
| Q4 24 | $10.3M | $53.1M | ||
| Q3 24 | $7.2M | $66.6M | ||
| Q2 24 | $6.9M | $53.6M | ||
| Q1 24 | $7.1M | $50.4M |
总债务BFSVIASP
| Q4 25 | $468.4M | $120.0M | ||
| Q3 25 | $1.6B | $105.0M | ||
| Q2 25 | $1.6B | $100.0M | ||
| Q1 25 | $1.5B | $101.0M | ||
| Q4 24 | $455.8M | $106.0M | ||
| Q3 24 | $1.5B | $89.0M | ||
| Q2 24 | $1.4B | $93.0M | ||
| Q1 24 | $1.4B | $91.0M |
股东权益BFSVIASP
| Q4 25 | $307.8M | $67.7M | ||
| Q3 25 | $316.6M | $63.7M | ||
| Q2 25 | $322.4M | $68.2M | ||
| Q1 25 | $328.4M | $72.7M | ||
| Q4 24 | $335.8M | $66.7M | ||
| Q3 24 | $341.8M | $58.2M | ||
| Q2 24 | $345.7M | $58.3M | ||
| Q1 24 | $347.1M | $53.2M |
总资产BFSVIASP
| Q4 25 | $2.2B | $331.3M | ||
| Q3 25 | $2.2B | $304.8M | ||
| Q2 25 | $2.1B | $316.3M | ||
| Q1 25 | $2.1B | $347.4M | ||
| Q4 24 | $2.1B | $344.9M | ||
| Q3 24 | $2.1B | $298.4M | ||
| Q2 24 | $2.1B | $299.7M | ||
| Q1 24 | $2.0B | $302.7M |
负债/权益比BFSVIASP
| Q4 25 | 1.52× | 1.77× | ||
| Q3 25 | 5.02× | 1.65× | ||
| Q2 25 | 4.85× | 1.47× | ||
| Q1 25 | 4.70× | 1.39× | ||
| Q4 24 | 1.36× | 1.59× | ||
| Q3 24 | 4.37× | 1.53× | ||
| Q2 24 | 4.17× | 1.60× | ||
| Q1 24 | 4.06× | 1.71× |
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 | $-4.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-4.8M |
| 自由现金流率自由现金流/营收 | — | -3.7% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | 15.35× | -0.61× |
| 过去12个月自由现金流最近4个季度 | — | $39.1M |
8季度趋势，按日历期对齐
经营现金流BFSVIASP
| Q4 25 | $99.8M | $-4.2M | ||
| Q3 25 | $20.6M | $2.4M | ||
| Q2 25 | $26.6M | $19.0M | ||
| Q1 25 | $30.4M | $24.9M | ||
| Q4 24 | $121.2M | $2.0M | ||
| Q3 24 | $26.5M | $20.1M | ||
| Q2 24 | $32.1M | $11.2M | ||
| Q1 24 | $33.8M | $17.1M |
自由现金流BFSVIASP
| Q4 25 | — | $-4.8M | ||
| Q3 25 | — | $1.9M | ||
| Q2 25 | — | $18.4M | ||
| Q1 25 | — | $23.5M | ||
| Q4 24 | — | $1.6M | ||
| Q3 24 | $-28.3M | $19.7M | ||
| Q2 24 | $-12.5M | $10.9M | ||
| Q1 24 | $-11.7M | $16.6M |
自由现金流率BFSVIASP
| Q4 25 | — | -3.7% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 20.5% | ||
| Q1 25 | — | 16.5% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | -42.1% | 21.0% | ||
| Q2 24 | -18.7% | 12.6% | ||
| Q1 24 | -17.6% | 14.6% |
资本支出强度BFSVIASP
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | 81.5% | 0.4% | ||
| Q2 24 | 66.7% | 0.3% | ||
| Q1 24 | 68.3% | 0.4% |
现金转化率BFSVIASP
| Q4 25 | 15.35× | -0.61× | ||
| Q3 25 | 1.97× | 3.12× | ||
| Q2 25 | 2.48× | 6.94× | ||
| Q1 25 | 3.10× | 2.84× | ||
| Q4 24 | 14.98× | 0.20× | ||
| Q3 24 | 1.83× | 9.41× | ||
| Q2 24 | 2.22× | 1.47× | ||
| Q1 24 | 2.48× | 2.00× |
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
VIASP
| Retail Electricity | $79.7M | 62% |
| Retail Natural Gas | $48.9M | 38% |
