Saturday 17 October 2026 Export FSP’s income statement to Excel — free account

Franklin Street Properties Corp.

Franklin Street Properties Corp.’s revenue for fiscal 2025 (year ended December 2025) was $107.2 million, down 10.8% from fiscal 2024. In the quarter to June 2026, revenue fell 1.35%, EPS fell 100.0%, free cash flow fell 129.0% and total debt rose 2.16%, each against the same quarter a year earlier. Dividend growth for three consecutive years.

0.38 0.02 −5.00%

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Market cap: $41.6M
P/E: 0.0×
Fwd P/E: −2.6×
Dividend yield: 5.26%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 11.67%

Capital & Financial Ratios $m

Market Cap 41.60

Revenue 105.92

Net Income (41.78)

Free Cash Flow (4.92)

Net Debt 230.68

Current Ratio 2.50

Debt/Equity 0.44

P/E ratio 0.00

Fwd P/E (2.63)

P/S ratio 0.37

P/B ratio 0.07

Past 5Y EPS Growth —

This Y EPS Growth 11.76%

Next Y EPS Growth 28.89%

Next Y revenue growth 16.74%

Next 5Y EPS Growth 15.29%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 0.92%

10-year low 10-year high

P/B against its own 10 years 0.92%

10-year low 10-year high

EV/Sales against its own 10 years 0.92%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.02

Annual Dividend Yield 5.26%

	total	individual payouts
2027	Powerpack
2026	0.04	0.01
2025	0.04	0.01 0.01 0.01 0.01
2024	0.04	0.01 0.01 0.01 0.01
2023	0.04	0.01 0.01 0.01 0.01
2022	0.20	0.09 0.09 0.01 0.01
2021	0.36	0.09 0.09 0.09 0.09 0.32
2020	0.36	0.09 0.09 0.09 0.09
2019	0.36	0.09 0.09 0.09 0.09
2018	0.46	0.19 0.09 0.09 0.09
2017	0.76	0.19 0.19 0.19 0.19
2016	0.76	0.19 0.19 0.19 0.19

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	128	43	31	22
Receivables	43	39	39	39
Inventory	—	—	—	—
Other	—	—	—	—
	170	82	70	61

	2023	2024	2025	Q'26
Payables	42	34	29	24
ST’ Debt	—	—	—	—
Other	—	—	—	—
	136	37	31	25

Compound Annual Growth %

	10y	5y	3y
Sales	(7.89%)	(15.30%)	(13.51%)
Cash Flow	(28.19%)	(44.05%)	(37.31%)
Earnings	0.00%	0.00%	0.00%
Book Value	(4.24%)	(4.60%)	(7.57%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	26	26	—	—	—
’25	27	27	27	26	107
’24	31	31	30	28	120
’23	38	36	37	35	146
’22	42	41	41	41	166
’21	59	56	51	43	209
’20	63	61	62	60	246

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(5)	3	—	—	—
’25	(5)	(3)	8	4	4
’24	(7)	(1)	14	2	9
’23	(1)	2	11	6	18
’22	(10)	0	20	6	15
’21	2	4	21	9	36
’20	7	18	30	12	68

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(8)	0	—	—	—
’25	(10)	0	3	0	(7)
’24	18	(5)	37	29	79
’23	16	(5)	12	106	128
’22	(20)	(12)	105	16	89
’21	(14)	212	93	254	545
’20	(13)	(5)	12	85	79

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.09)	(0.16)	—	—	—
’25	(0.21)	(0.08)	(0.08)	(0.07)	(0.43)
’24	(0.07)	(0.20)	(0.15)	(0.08)	(0.51)
’23	0.02	(0.08)	(0.44)	0.03	(0.47)
’22	(0.04)	(0.09)	0.17	(0.03)	0.01
’21	(0.06)	0.15	0.04	0.75	0.87
’20	(0.01)	(0.02)	(0.02)	0.35	0.30

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	8.67	9.59	5.87	6.08	3.34	4.00	2.34	1.13	1.47	0.85	Analyst estimates 2026–2028 Powerpack
	High	13.18	13.27	10.83	8.97	8.65	6.65	6.28	3.19	2.72	2.09
People
People	Employees	39	39	38	37	37	32	28	28	28	28
	Revenue/emp, $m	6.41	6.99	7.08	7.27	6.64	6.54	5.91	5.20	4.29	3.83
Income, $m
Income, $m	Revenue	250	273	269	269	246	209	166	146	120	107
	Gross margin, %	57.79	57.06	56.65	55.33	53.09	51.31	47.20	46.51	43.59	43.78
	EBT	9	(12)	7	7	33	93	1	(48)	(53)	(45)
	EBT margin, %	3.52	(4.38)	2.47	2.51	13.37	44.39	0.78	(32.83)	(43.72)	(41.78)
	Net income	8	(16)	13	6	33	93	1	(48)	(53)	(45)
	Depreciation	95	103	97	93	91	81	66	53	47	45
Per share, $
Per share, $	Revenue	2.43	2.54	2.51	2.51	2.29	1.96	1.60	1.41	1.16	1.03
	Earnings	0.08	(0.15)	0.12	0.06	0.30	0.87	0.01	(0.47)	(0.51)	(0.43)
	Cash flow	0.92	0.89	0.75	0.76	0.64	0.34	0.15	0.17	0.09	0.04
	Capex	(2.25)	(0.15)	(0.48)	(0.66)	0.10	4.77	0.72	1.07	0.68	(0.10)
	Free cash flow	(1.33)	0.74	0.27	0.10	0.74	5.11	0.86	1.24	0.77	(0.06)
	Book value	9.35	8.13	7.81	7.33	7.16	7.34	7.44	6.90	6.34	5.86
	Shares, m	103	107	107	107	107	107	103	103	104	104
Valuation, ×
Valuation, ×	P/E	144.67	0.00	53.61	155.07	14.36	6.76	277.00	0.00	0.00	0.00
	P/S	5.36	4.23	2.48	3.41	1.91	3.03	1.73	1.84	1.58	0.92
	P/B	1.39	1.32	0.80	1.17	0.61	0.81	0.37	0.38	0.29	0.16
	EV/Sales	9.50	8.01	6.12	6.96	5.62	5.10	3.89	3.12	3.28	2.95
	EV/FCF	(17.34)	27.51	56.44	167.68	17.38	1.96	7.21	3.54	4.97	(48.24)
Cash, $m
Cash, $m	Operating cash flow	94	96	80	82	68	36	15	18	9	4
	Capex	(231)	(17)	(51)	(71)	11	508	74	111	70	(10)
	Free cash flow	(137)	79	29	11	79	545	89	128	79	(7)
Balance, $m
Balance, $m	Working capital	84	73	78	31	21	22	(21)	35	45	39
	Total debt	1,045	1,042	988	965	917	474	364	314	247	248
	Net debt	1,036	1,032	977	955	912	433	358	186	204	218
	Shareholders’ equity	962	871	838	786	768	783	769	713	656	607
Returns, %
Returns, %	ROA	0.42	(0.78)	0.67	0.35	1.79	5.87	0.08	(3.99)	(4.98)	(4.89)
	ROIC	0.33	0.28	0.23	0.24	(0.34)	(0.99)	(1.24)	(1.76)	(2.38)	(2.49)
	ROE	0.88	(1.74)	1.53	0.80	4.20	11.95	0.14	(6.49)	(7.70)	(7.12)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
PDM Piedmont Realty Trust, Inc.	$1.1B	— (loss-making)	— (loss-making)	+2.73% (above 0%: growing)	n/m	−9.08% (below 0%: shrinking)	61.15%	14.29%	Compare
DEA Easterly Government Properties, Inc.	$1.0B	100×	133×	+9.71% (above 0%: growing)	−33.33% (below 0%: shrinking)	+106.84% (above 0%: growing)	68.54%	23.79%	Compare
PSTL Postal Realty Trust, Inc.	$776.1M	40.7×	36.4×	+22.40% (above 0%: growing)	+25.00% (above 0%: growing)	+45.98% (above 0%: growing)	79.73%	39.49%	Compare
HPP Hudson Pacific Properties, Inc.	$619.7M	— (loss-making)	— (loss-making)	−0.90% (below 0%: shrinking)	n/m	−100.77% (below 0%: shrinking)	44.94%	(5.05%)	Compare
BDN Brandywine Realty Trust	$460.5M	— (loss-making)	— (loss-making)	+6.92% (above 0%: growing)	n/m	−1.07% (below 0%: shrinking)	59.27%	15.09%	Compare
NLOP Net Lease Office Properties	$143.9M	— (loss-making)	—	−78.21% (below 0%: shrinking)	n/m	−91.52% (below 0%: shrinking)	86.13%	(101.56%)	Compare
ONL Orion Office REIT Inc.	$117.5M	— (loss-making)	— (loss-making)	−8.04% (below 0%: shrinking)	n/m	+175.48% (above 0%: growing)	63.63%	9.86%	Compare
FSP Franklin Street Properties Corp.	$41.6M	— (loss-making)	— (loss-making)	−1.35% (below 0%: shrinking)	n/m	−129.01% (below 0%: shrinking)	44.77%	(34.23%)
CMCT Creative Media & Community Trust Corporation	$13.2M	— (loss-making)	— (loss-making)	−0.02% (below 0%: shrinking)	n/m	+123.64% (above 0%: growing)	10.61%	(22.79%)	Compare
Median of peers	$540.1M	—	—	+1.36%	—	+22.46%	62.39%	12.08%

All 18 Reit Office stocks →

Franklin Street Properties Corp. (FSP) key facts

Concern: Franklin Street Properties Corp.’s revenue for fiscal 2025 (year ended December 2025) was $107.2 million, down 10.8% from fiscal 2024.
Franklin Street Properties Corp. (FSP) is a Reit Office company in the Real Estate sector, listed on NYSE American.
As of October 16, 2026, FSP traded at $0.38, a market capitalization of $41.6 million.
Franklin Street Properties Corp. pays an annual dividend of $0.02 per share, a yield of 5.26%.
Return on equity was −7.12% and debt-to-equity 0.44.
Its Piotroski F-score is 6 out of 9 for fiscal 2025.