Federal Realty Investment Trust (FRT)
NYSE: FRT · Real-Time Price · USD
119.63
-1.39 (-1.15%)
At close: May 29, 2026, 4:00 PM EDT
118.50
-1.13 (-0.94%)
After-hours: May 29, 2026, 7:05 PM EDT
FRT Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property Revenue | 1,278 | 1,201 | 1,131 | 1,073 | 948.84 |
Service and Other Revenue | 1.11 | 1.12 | 1.11 | 1.09 | 2.38 |
| 1,279 | 1,202 | 1,132 | 1,074 | 951.22 | |
Revenue Growth (YoY) | 6.37% | 6.21% | 5.38% | 12.95% | 13.85% |
Property Expenses | 267.45 | 249.57 | 231.67 | 228.96 | 198.12 |
Total Property Expenses | 267.45 | 249.57 | 231.67 | 228.96 | 198.12 |
Property Taxes | 151.44 | 142.23 | 131.43 | 127.82 | 118.5 |
Gross Profit | 860.09 | 810.65 | 769.06 | 717.6 | 634.61 |
Selling, General & Admin | 46.91 | 49.74 | 50.71 | 52.64 | 49.86 |
Depreciation & Amortization Expenses | 367.84 | 342.6 | 321.76 | 302.41 | 279.98 |
Other Operating Expenses | 7.43 | - | - | - | - |
Operating Income | 602.2 | 472.36 | 406.47 | 526.41 | 394.73 |
Net Gains on Disposal of Properties | 150.11 | 54.04 | 9.88 | 93.48 | 89.95 |
Interest Income | 5.06 | 7.45 | 8.56 | 6.24 | 2.05 |
Interest Expense | -183.61 | -175.48 | -167.81 | -136.99 | -127.7 |
Other Non-Operating Income (Expense) | 14.18 | - | - | 70.37 | - |
Total Non-Operating Income (Expense) | -14.26 | -113.98 | -149.37 | 33.11 | -35.69 |
Pretax Income | 587.94 | 358.37 | 257.1 | 559.52 | 359.03 |
Net Income | 403.05 | 287.18 | 228.95 | 377.46 | 253.46 |
Minority Interest in Earnings | -12.57 | -9.13 | -10.23 | -10.17 | -7.58 |
Net Income Attributable to Preferred Dividends | -8.03 | -8.03 | -8.03 | -8.03 | -8.04 |
Net Income to Common | 403.05 | 287.18 | 228.95 | 377.46 | 253.46 |
Net Income Growth | 40.35% | 25.43% | -39.34% | 48.92% | 104.95% |
Shares Outstanding (Basic) | 86 | 84 | 81 | 80 | 77 |
Shares Outstanding (Diluted) | 86 | 84 | 81 | 81 | 77 |
Shares Change (YoY) | 3.40% | 2.77% | 1.00% | 4.06% | 2.45% |
EPS (Basic) | 4.68 | 3.42 | 2.80 | 4.71 | 3.26 |
EPS (Diluted) | 4.68 | 3.42 | 2.80 | 4.71 | 3.26 |
EPS Growth | 36.84% | 22.14% | -40.55% | 44.48% | 101.24% |
Shares Outstanding | 86.27 | 85.67 | 82.78 | 81.34 | 78.6 |
Free Cash Flow | -404.37 | 53.88 | 182.7 | -356.46 | -335.63 |
Free Cash Flow Growth | - | -70.51% | - | - | - |
Free Cash Flow Per Share | -4.68 | 0.64 | 2.25 | -4.43 | -4.34 |
Dividends Per Share | 4.460 | 4.380 | 4.340 | 4.300 | 4.260 |
Dividend Growth | 1.83% | 0.92% | 0.93% | 0.94% | 0.95% |
Gross Margin | 67.25% | 67.42% | 67.93% | 66.79% | 66.71% |
Operating Margin | 47.08% | 39.28% | 35.90% | 49.00% | 41.50% |
Profit Margin | 33.12% | 25.31% | 21.84% | 36.83% | 28.29% |
FCF Margin | -31.62% | 4.48% | 16.14% | -33.18% | -35.28% |
EBITDA | 970.04 | 814.95 | 728.23 | 828.82 | 674.7 |
EBITDA Margin | 75.85% | 67.77% | 64.32% | 77.14% | 70.93% |
EBIT | 602.2 | 472.36 | 406.47 | 526.41 | 394.73 |
EBIT Margin | 47.08% | 39.28% | 35.90% | 49.00% | 41.50% |