Federal Realty Investment Trust
FRT NYSE· Retail REITs
Last close · Oct 23, 2026
$108.72
KIRA · Stoqly’s AI analyst, in plain words
- Federal Realty Investment Trust had $1.3B of revenue in fiscal 2025, up 6.4% on the year before. Over five years, revenue changed +8.9% a year on average.
- Its operating margin was 47.1%, up 7.8 pts: of every 100 in sales, about 47 is left after running the business.
- Federal Realty Investment Trust made $411M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 3.3% a year.
- Federal Realty Investment Trust returned $0.0M to shareholders in fiscal 2025. The diluted share count rose 3.4%.
- Federal Realty Investment Trust owes $4.9B more than it holds in cash, about 5.0 years of operating profit.
Market cap
$9.4B
P/E
18.9x
Revenue
$1.3B
Net income
$411M
Free cash flow
—
Operating margin
47.1%
Federal Realty Investment Trust in 30 seconds · fiscal 2025
Are sales growing?
+6.4%
Yes. Sales grew 6.4% last year.
Does it make a profit?
32.1%
Yes. It keeps 32.1% of every sale as profit.
Is debt under control?
5.0x
Heavy. Repaying its debt would take 5.0 years of operating profit.
How is the share priced?
18.9x
One share costs 18.9 times its yearly profit per share. Typical for its sector: 28.2x.
What Federal Realty Investment Trust does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 12, 2026
- Legal name
- FEDERAL REALTY INVESTMENT TRUST
- CIK
- 0000034903
Federal Realty Investment Trust · FRT
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $951M | $1.1B | $1.1B | $1.2B | $1.3B |
| Revenue growth | 13.9% | 13.0% | 5.4% | 6.2% | 6.4% |
| Operating margin | 41.5% | 49.0% | 35.9% | 39.3% | 47.1% |
| Net income | $262M | $386M | $237M | $295M | $411M |
| Net margin | 27.5% | 35.9% | 20.9% | 24.6% | 32.1% |
| Diluted EPS | $3.26 | $4.71 | $2.80 | $3.42 | $4.68 |
| Cash | |||||
| Cash from operations | $471M | $517M | $556M | $575M | $622M |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share count change | 2.5% | 4.1% | 1.0% | 2.8% | 3.4% |
| Debt and strength | |||||
| Cash and short-term investments | $162M | $85.6M | $251M | $123M | $107M |
| Debt incl. finance leases | $4.1B | $4.4B | $4.6B | $4.5B | $5.0B |
| Shareholders' equity | $2.6B | $3.0B | $3.0B | $3.2B | $3.2B |
| Net debt / EBITDA | 5.9x | 5.2x | 6.0x | 5.4x | 5.0x |
| Interest coverage | 3.1x | 3.8x | 2.4x | 2.7x | 3.3x |
| Returns and quality | |||||
| Return on capital | 4.9% | 5.9% | 4.4% | 5.0% | 6.0% |
| Return on equity | 10.4% | 13.9% | 8.0% | 9.6% | 12.8% |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.2M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Federal Realty Investment Trust · FRT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Federal Realty Investment Tr... FRT | $9.4B | 6.4% | 47.1% | — | 6.0% | 18.9x | — |
| Brixmor Property Group BRX | $8.7B | 6.7% | — | — | — | 20.1x | — |
| Regency Centers REG | — | 6.9% | 72.3% | 25.3% | 7.7% | 25.4x | — |
| NNN Reit NNN | $7.8B | 6.6% | 63.6% | — | — | — | — |
| Kite Realty Group Trust KRG | $5.0B | 0.8% | — | 32.9% | 7.1% | 15.3x | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $108.72 a share, the company is worth $9.4B: 18.9 times its earnings of the last four quarters.
Federal Realty Investment Trust grew sales faster than 1 of its 4 similar companies. Its P/E is higher than 1 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000034903). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.