See more : Chemcon Speciality Chemicals Limited (CHEMCON.NS) Income Statement Analysis – Financial Results
Complete financial analysis of Franklin Street Properties Corp. (FSP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Franklin Street Properties Corp., a leading company in the REIT – Office industry within the Real Estate sector.
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Franklin Street Properties Corp. (FSP)
About Franklin Street Properties Corp.
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 145.71M | 165.62M | 209.36M | 245.85M | 269.07M | 268.87M | 272.59M | 249.89M | 243.87M | 249.68M | 213.64M | 162.80M | 126.84M | 114.60M | 121.91M | 118.99M | 121.22M | 115.76M | 96.38M | 100.01M | -669.00K | -894.00K | -818.00K | -860.00K | -299.00K | 0.00 |
| Cost of Revenue | 77.93M | 87.44M | 101.94M | 115.33M | 120.18M | 116.56M | 117.05M | 105.48M | 100.55M | 98.89M | 82.72M | 60.35M | 20.43M | 18.17M | 19.23M | 17.74M | 16.76M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 67.78M | 78.18M | 107.42M | 130.52M | 148.88M | 152.31M | 155.54M | 144.41M | 143.32M | 150.79M | 130.92M | 102.45M | 106.41M | 96.43M | 102.68M | 101.25M | 104.46M | 115.76M | 96.38M | 100.01M | -669.00K | -894.00K | -818.00K | -860.00K | -299.00K | 0.00 |
| Gross Profit Ratio | 46.51% | 47.20% | 51.31% | 53.09% | 55.33% | 56.65% | 57.06% | 57.79% | 58.77% | 60.39% | 61.28% | 62.93% | 83.89% | 84.14% | 84.23% | 85.09% | 86.17% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% |
| Research & Development | 0.00 | 0.01 | 0.46 | 0.14 | 0.02 | 0.05 | -0.06 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 14.02M | 13.89M | 15.90M | 15.00M | 14.47M | 13.07M | 13.47M | 13.72M | 12.88M | 0.00 | 0.00 | 0.00 | 6.91M | 9.29M | 8.89M | 8.27M | 7.47M | 8.52M | 7.45M | 5.69M | 5.71M | 5.09M | 5.23M | 3.07M | 2.59M | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 411.00K | 408.00K | 0.00 | 0.00 | 0.00 | 0.00 | 1.48M | 1.80M | 2.15M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 14.02M | 13.89M | 15.90M | 15.00M | 14.47M | 13.07M | 13.47M | 14.13M | 13.29M | 12.98M | 11.91M | 9.92M | 6.91M | 10.76M | 10.69M | 10.42M | 7.47M | 8.52M | 7.45M | 5.69M | 5.71M | 5.09M | 5.23M | 3.07M | 2.59M | 0.00 |
| Other Expenses | 0.00 | 63.81M | 78.54M | 88.56M | 90.91M | 94.23M | 101.26M | 93.05M | 91.36M | 95.92M | 78.84M | 54.87M | 115.09M | 88.24M | 85.31M | 81.58M | 84.53M | 60.48M | 37.55M | -54.68M | 37.52M | 23.81M | 20.96M | 6.70M | -1.15M | -1.68M |
| Operating Expenses | 67.78M | 77.69M | 94.44M | 103.56M | 105.38M | 107.30M | 114.73M | 107.18M | 104.65M | 108.90M | 90.75M | 64.79M | 122.00M | 99.00M | 96.00M | 92.00M | 92.00M | 69.00M | 45.00M | -49.00M | 43.23M | 28.91M | 26.19M | 9.77M | 1.44M | -1.68M |
| Cost & Expenses | 146.69M | 165.13M | 196.38M | 218.89M | 225.56M | 223.86M | 231.78M | 212.65M | 205.20M | 207.79M | 173.47M | 125.14M | 122.00M | 99.00M | 96.00M | 92.00M | 92.00M | 69.00M | 45.00M | -49.00M | 43.23M | 28.91M | 26.19M | 9.77M | 1.44M | -1.68M |
| Interest Income | 567.00K | 22.81M | 32.27M | 36.03M | 36.76M | 0.00 | 0.00 | 0.00 | 1.00K | 3.00K | 16.00K | 51.00K | 22.00K | 25.00K | 97.00K | 2.48M | 2.38M | 3.00M | 1.59M | 868.00K | 367.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 24.32M | 22.81M | 32.27M | 36.03M | 36.76M | 38.37M | 32.39M | 26.55M | 25.43M | 27.43M | 21.05M | 16.07M | 12.67M | 7.28M | 6.57M | 4.92M | 7.68M | 2.45M | 3.00M | 1.53M | 1.04M | 0.00 | 0.00 | 0.00 | 0.00 | -1.68M |
| Depreciation & Amortization | 57.20M | 165.13M | 196.38M | 247.16M | 266.65M | 264.93M | 266.35M | 232.12M | 93.27M | 98.55M | 80.90M | 57.57M | 50.21M | 40.99M | 36.56M | 30.44M | 35.51M | 32.09M | 22.25M | 13.24M | 9.67M | 4.95M | 4.80M | 4.61M | 3.23M | 0.00 |
| EBITDA | 57.93M | 66.06M | 93.98M | 118.23M | 126.99M | 133.13M | 140.95M | 130.59M | 130.49M | 113.01M | 119.73M | 96.92M | 81.13M | 66.39M | 70.00M | 66.83M | 79.95M | 79.38M | 65.79M | 64.26M | 52.23M | 0.00 | 0.00 | 0.00 | 0.00 | -1.68M |
| EBITDA Ratio | 39.76% | 39.89% | 44.89% | 48.09% | 51.02% | 55.20% | 51.71% | 52.48% | 53.51% | 55.55% | 56.04% | 59.78% | 63.96% | 57.93% | 57.42% | 56.17% | 65.95% | 68.57% | 68.26% | 64.25% | -7,806.73% | -3,686.58% | -3,687.65% | -1,572.91% | -1,461.54% | 0.00% |
| Operating Income | -984.00K | 482.00K | 12.97M | 26.96M | 43.50M | 51.80M | 37.20M | 36.40M | 37.22M | 14.47M | 19.13M | 21.64M | 30.91M | 25.40M | 33.44M | 36.39M | 44.44M | 47.29M | 43.54M | 51.02M | 42.56M | 28.01M | 25.37M | 8.91M | 1.14M | -1.68M |
| Operating Income Ratio | -0.68% | 0.29% | 6.20% | 10.97% | 16.17% | 19.27% | 13.65% | 14.57% | 15.26% | 5.79% | 8.96% | 13.29% | 24.37% | 22.16% | 27.43% | 30.58% | 36.66% | 40.85% | 45.17% | 51.01% | -6,361.58% | -3,133.22% | -3,101.22% | -1,036.51% | -380.94% | 0.00% |
| Total Other Income/Expenses | -46.85M | -48.94M | 98.65M | -146.04M | -36.76M | 6.79M | -56.35M | -28.44M | -3.22M | -28.25M | -22.40M | -14.01M | -10.34M | -7.28M | -579.00K | -490.00K | 647.00K | 3.85M | 11.21M | 1.49M | -1.04M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | -47.83M | 1.30M | 92.93M | 32.87M | 6.74M | 13.43M | -15.54M | 8.80M | 35.45M | 13.65M | 17.77M | 23.68M | 18.25M | 18.11M | 26.87M | 31.47M | 36.75M | 44.84M | 40.54M | 49.49M | 41.52M | 28.01M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | -32.83% | 0.78% | 44.39% | 13.37% | 2.51% | 4.99% | -5.70% | 3.52% | 14.54% | 5.47% | 8.32% | 14.54% | 14.39% | 15.81% | 22.04% | 26.45% | 30.32% | 38.73% | 42.06% | 49.48% | -6,206.73% | -3,133.22% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 279.00K | 204.00K | 638.00K | 250.00K | 269.00K | 360.00K | 400.00K | 418.00K | 433.00K | 498.00K | 480.00K | 335.00K | 267.00K | 217.00K | -579.00K | -490.00K | 647.00K | 839.00K | 422.00K | 1.73M | 1.70M | 699.00K | 0.00 | 0.00 | 0.00 | 1.68M |
| Net Income | -48.11M | 1.09M | 92.72M | 32.62M | 6.48M | 13.07M | -15.94M | 8.38M | 35.01M | 13.15M | 19.83M | 7.63M | 43.52M | 22.09M | 27.87M | 31.96M | 61.09M | 110.93M | 75.12M | 47.76M | 46.38M | 27.31M | 25.37M | 8.91M | 1.14M | -1.68M |
| Net Income Ratio | -33.02% | 0.66% | 44.29% | 13.27% | 2.41% | 4.86% | -5.85% | 3.35% | 14.36% | 5.27% | 9.28% | 4.69% | 34.31% | 19.28% | 22.86% | 26.86% | 50.39% | 95.83% | 77.94% | 47.76% | -6,932.74% | -3,055.03% | -3,101.22% | -1,036.51% | -380.94% | 0.00% |
| EPS | -0.47 | 0.01 | 0.87 | 0.30 | 0.06 | 0.12 | -0.15 | 0.08 | 0.35 | 0.13 | 0.21 | 0.09 | 0.53 | 0.28 | 0.38 | 0.45 | 0.86 | 1.65 | 1.32 | 0.96 | 1.18 | 1.11 | 1.03 | 0.47 | 0.09 | -0.03 |
| EPS Diluted | -0.47 | 0.01 | 0.87 | 0.30 | 0.06 | 0.12 | -0.15 | 0.08 | 0.35 | 0.13 | 0.21 | 0.09 | 0.53 | 0.28 | 0.38 | 0.45 | 0.86 | 1.65 | 1.32 | 0.96 | 1.18 | 1.11 | 1.03 | 0.47 | 0.09 | -0.03 |
| Weighted Avg Shares Out | 103.36M | 103.34M | 106.67M | 107.30M | 107.23M | 107.23M | 107.23M | 102.84M | 100.19M | 100.19M | 93.86M | 82.94M | 81.86M | 79.83M | 73.00M | 70.48M | 70.65M | 67.16M | 56.91M | 49.75M | 39.31M | 24.61M | 24.63M | 18.97M | 12.00M | 49.63M |
| Weighted Avg Shares Out (Dil) | 103.36M | 103.34M | 106.67M | 107.30M | 107.23M | 107.23M | 107.23M | 102.84M | 100.19M | 100.19M | 93.86M | 82.94M | 81.86M | 79.83M | 73.00M | 70.48M | 70.65M | 67.16M | 56.91M | 50.13M | 39.31M | 24.61M | 24.63M | 18.97M | 12.00M | 50.13M |
Franklin Street Properties Corp. Announces Leasing Activity
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it entered into a lease amendment with existing tenant, Kaiser Foundation Health Plan, Inc., at its Greenwood Plaza...
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Franklin Street Properties Corporation (FSP) Q1 2023 Earnings Call Transcript
Franklin Street Properties Corporation (NYSE:FSP ) Q1 2023 Earnings Conference Call May 3, 2023 11:00 AM ET Company Participants Scott Carter - EVP, General Counsel & Secretary John Demeritt - EVP, CFO & Treasurer George Carter - Chairman & CEO...
Franklin Street Properties (FSP) Q1 FFO and Revenues Miss Estimates
Franklin Street Properties (FSP) came out with quarterly funds from operations (FFO) of $0.08 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to FFO of $0.11 per share a year ago.
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WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the first quarter ended March 31, 2023. George J. Carter, Chairman and Chief Executive Officer,...
Franklin Street Properties Corp. to Announce First Quarter 2023 Results
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its results for the first quarter 2023 after the market closes on Tuesday, May...
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Top 3 Real Estate Stocks You'll Regret Missing This Quarter - Franklin Street Props (AMEX:FSP), FLJ Group (NASDAQ:FLJ)
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Source: https://incomestatements.info
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