FSP
Franklin Street Properties Corp.
There isn't enough reported data to score FSP yet.
FSP Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| N/A | |
| N/A |
FSP's revenue is currently stable, but its profitability is under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like FSP.
FSP PE Valuation
FSP has no meaningful PE right now: it lost money over the past year.
FSP Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Decline | |
| Improving | |
| Limited | |
| High |
Analysts expect FSP's profitability to improve, but its revenue to decline.
FSP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.40 | +$0.06 |
| Q2 2026 | -$0.39 | +$0.14 |
| Q1 2026 | -$0.31 | +$0.34 |
| Q4 2025 | -$0.43 | +$0.08 |
| Q3 2025 | -$0.46 | -$0.07 |
| Q2 2025 | -$0.53 | +$0.15 |
| Q1 2025 | -$0.65 | -$0.09 |
| Q4 2024 | -$0.51 | -$0.04 |
FSP is still losing money, but less than at its worst: $0.40 per share over the past year, against $0.68 at its worst in mid-2024.
FSP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $24.9M | -8.7% |
| Q2 2026 | $26.4M | -1.3% |
| Q1 2026 | $26.2M | -3.3% |
| Q4 2025 | $26M | -8.2% |
| Q3 2025 | $27.3M | -8% |
| Q2 2025 | $26.7M | -13% |
| Q1 2025 | $27.1M | -13% |
| Q4 2024 | $28.4M | -18% |
FSP's revenue has slid since its 2020 peak: $25M last quarter, down 8.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -33% | -1.8 points |
| Q2 2026 | -34% | -2.7 points |
| Q1 2026 | -32% | -1.1 points |
| Q4 2025 | -29% | -0.4 points |
| Q3 2025 | -31% | -3.8 points |
| Q2 2025 | -32% | -5.2 points |
| Q1 2025 | -31% | -4.1 points |
| Q4 2024 | -28% | -12 points |
FSP's operating margin was −33% last quarter, down 1.8 points from the same quarter a year ago, near the bottom of its range since 2020.
FSP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.9M | -2.5% |
| Q2 2026 | -$103K | +$5.6M |
| Q1 2026 | -$7.8M | +$2.1M |
| Q4 2025 | $24K | +$3.9M |
| Q3 2025 | $3M | -65% |
| Q2 2025 | -$5.7M | -$608K |
| Q1 2025 | -$9.9M | +$5.9M |
| Q4 2024 | -$3.9M | -649% |
FSP's free cash flow was −$5M over the past year, against −$17M the year before. Free cash flow isn't a meaningful measure for real estate companies like FSP.
FSP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +202K shares |
| 1 year | +0.3% | +322K shares |
| 3 years | +0.6% | +582K shares |
| 5 years | -2.7% | -2.9M shares |
| Available history | -3% | -3.2M shares |
FSP has 104M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | $4.8M |
| Q4 2021 | $10M |
FSP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 20.0x | High |
| Q2 2026 | 22.2x | High |
| Q1 2026 | 20.3x | High |
| Q4 2025 | 19.6x | High |
| Q3 2025 | 20.2x | High |
| Q2 2025 | 19.0x | High |
| Q1 2025 | 17.2x | High |
| Q4 2024 | 15.3x | High |
FSP's net debt is about 20 years of its operating earnings (EBITDA), about the same as a year ago. Net leverage isn't a meaningful measure for real estate companies like FSP.
FSP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.3 | Neutral |
| Stochastic | 56.3 | Neutral |
FSP's weekly RSI is 43 (neutral) and its Stochastic is 56 (neutral).
FSP PE vs Real Estate Sector
| Metric | FSP | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
FSP has no meaningful PE right now: it lost money over the past year.
FSP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.39 | 7.7% above |
| 20 week MA | $0.42 | 0% above |
| 50 week MA | $0.60 | 30% below |
| 100 week MA | $1.12 | 63% below |
| 200 week MA | $1.53 | 73% below |
FSP has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 73% below its 200-week average.
FSP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.43 | $4.30 | -49% |
| 2021 | $4.30 | $6.27 | +46% |
| 2022 | $6.27 | $2.75 | -56% |
| 2023 | $2.75 | $2.56 | -6.9% |
| 2024 | $2.56 | $1.88 | -27% |
| 2025 | $1.88 | $0.94 | -50% |
| 2026 YTD | $0.94 | $0.42 | -55% |
FSP has finished four years in a row lower, and it's down 55% so far in 2026.