# FRANKLIN BSP REALTY TRUST, INC. (FBRT) · Edgar & Edgarette company card

> Franklin Bsp Realty Trust (FBRT) grew revenue 20.9% in FY2025 to $270 million, equity 23.8% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1562528 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/FBRT) · [JSON](https://www.pops4.com/boards/company/FBRT.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $270M |
| Revenue growth, 1 year | 20.9% |
| Revenue growth per year | 13.0% |
| Operating margin | — |
| Net margin | 31.1% |
| Operating cash flow | $292M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $167M |
| Long-term debt | — |
| Total assets | $6.1B |
| Total equity | $1.4B |
| Equity ÷ assets | 23.8% |
| Return on equity | 5.8% |
| Dividend per share | $1.42 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±26%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $270.1M (FY2025). Experience: revenue up 20.9% on the year, up 13.0% a year over 4 years. Soundness: equity 23.8% of assets, return on equity 5.8%, payout 173.1% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $233.7M and $399.1M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $204.1M to $459.4M. A statistical range, not company guidance. Against peers (79 filers, $50M+ revenue, real estate investment trusts): growth 20.9% against 3.7%.

Range logged 2026-09-24, receipt 287e3d88457ca73f, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-09-17 ([filing](https://www.sec.gov/Archives/edgar/data/1562528/000110465926108440/0001104659-26-108440-index.htm))

## Recent filings

- 8-K · filed 2026-10-28 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1562528/000156252826000035/0001562528-26-000035-index.htm)
- 10-Q · filed 2026-10-28 · [filing](https://www.sec.gov/Archives/edgar/data/1562528/000156252826000033/0001562528-26-000033-index.htm)
- 8-K · filed 2026-09-17 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1562528/000110465926108440/0001104659-26-108440-index.htm)
- 8-K · filed 2026-07-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1562528/000156252826000025/0001562528-26-000025-index.htm)
- 10-Q · filed 2026-07-29 · [filing](https://www.sec.gov/Archives/edgar/data/1562528/000156252826000024/0001562528-26-000024-index.htm)
- 8-K · filed 2026-06-09 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1562528/000110465926071863/0001104659-26-071863-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001562528.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1562528

## Cite

POPS4, Edgar & Edgarette: FRANKLIN BSP REALTY TRUST, INC. (FBRT) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/FBRT. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.