Federal Realty Investment Trust vs Kite Realty Group Trust
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put Federal Realty Investment Trust and Kite Realty Group Trust side by side, using each one’s latest annual report. Here is what stands out:
- Federal Realty Investment Trust is the larger business, with $1.3B of revenue in fiscal 2025 against $844M for Kite Realty Group Trust, about 1.5 times as much.
- Federal Realty Investment Trust grew revenue faster (6.4%, against 0.8%).
- Kite Realty Group Trust earned a higher return on the capital invested in it (7.1%, against 6.0%).
- Investors pay more for each dollar of Federal Realty Investment Trust’s earnings: a P/E of 19.0x against 15.4x for Kite Realty Group Trust.
Who comes out ahead
Of the 7 measures where higher (or lower) is clearly better, how many each company leads.
Federal Realty Investment Trust
FRT
2/7
Revenue growthReturn on equity
Kite Realty Group Trust
KRG
5/7
5-year growthNet marginReturn on capitalNet debt / EBITDAShare count change
Side by side
Best in the row
| Latest fiscal year | FRT FY25 | KRG FY25 |
|---|---|---|
| Size | ||
| Market cap | $9.5B | $5.0B |
| Revenue | $1.3B | $844M |
| Free cash flow | — | $278M |
| Net income | $411M | $299M |
| Growth | ||
| Revenue growth | 6.4% | 0.8% |
| 5-year growth | 8.9% | 25.9% |
| Share count change | 3.4% | −0.6% |
| Profitability | ||
| Gross margin | — | — |
| Operating margin | 47.1% | — |
| Net margin | 32.1% | 35.4% |
| FCF margin | — | 32.9% |
| Return on capital | 6.0% | 7.1% |
| Return on equity | 12.8% | 9.4% |
| Balance sheet | ||
| Net debt | $4.9B | $3.0B |
| Net debt / EBITDA | 5.0x | 3.7x |
| Dividends and buybacks | $0.0M | $238M |
| Valuation & quality | ||
| P/E | 19.0x | 15.4x |
| Piotroski F-score | — | — |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.