Federal Realty Investment Trust (FRT)
NYSE: FRT · Real-Time Price · USD
112.92
+0.39 (0.35%)
At close: Nov 13, 2026, 4:00 PM EST
113.23
+0.31 (0.28%)
After-hours: Nov 13, 2026, 7:31 PM EST
FRT Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Rental Revenue | 1,316 | 1,245 | 1,170 | 1,101 | 1,048 | 948.84 |
Other Revenue | 35.8 | 34.29 | 34.42 | 33.47 | 30.67 | 1.25 |
| 1,352 | 1,281 | 1,206 | 1,136 | 1,080 | 952.47 | |
Revenue Growth (YoY | 7.56% | 6.24% | 6.13% | 5.23% | 13.34% | 15.11% |
Property Expenses | 428.99 | 410.95 | 384.26 | 355.12 | 348.97 | 309.14 |
Selling, General & Administrative | 59.05 | 54.85 | 57.28 | 58.69 | 60.45 | 57.34 |
Depreciation & Amortization | 397.48 | 367.84 | 342.6 | 321.76 | 302.41 | 279.98 |
Other Operating Expenses | - | -14.18 | - | - | - | - |
Total Operating Expenses | 885.52 | 819.46 | 784.14 | 735.57 | 711.83 | 646.45 |
Operating Income | 466.87 | 461.43 | 421.48 | 400.46 | 367.72 | 306.02 |
Interest Expense | -197.79 | -183.61 | -175.48 | -167.81 | -136.99 | -127.7 |
Interest & Investment Income | 3.32 | 3.14 | 4.29 | 4.69 | 1.07 | 0.81 |
EBT Excluding Unusual Items | 272.41 | 280.96 | 250.29 | 237.34 | 231.8 | 179.13 |
Gain (Loss) on Sale of Investments | - | - | - | - | 70.37 | - |
Gain (Loss) on Sale of Assets | 186.24 | 150.11 | 54.04 | 9.88 | 93.48 | 89.95 |
Asset Writedown | -7.43 | -7.43 | - | - | - | - |
Pretax Income | 451.22 | 423.65 | 304.33 | 247.22 | 395.66 | 269.08 |
Earnings From Continuing Operations | 451.22 | 423.65 | 304.33 | 247.22 | 395.66 | 269.08 |
Minority Interest in Earnings | -10.51 | -12.57 | -9.13 | -10.23 | -10.17 | -7.58 |
Net Income | 440.71 | 411.08 | 295.21 | 236.99 | 385.49 | 261.5 |
Preferred Dividends & Other Adjustments | 9.47 | 9.37 | 9.32 | 9.32 | 9.36 | 9.25 |
Net Income to Common | 431.24 | 401.7 | 285.89 | 227.67 | 376.13 | 252.25 |
Net Income Growth | 27.75% | 40.51% | 25.57% | -39.47% | 49.11% | 105.63% |
Basic Shares Outstanding | 86 | 86 | 84 | 81 | 80 | 77 |
Diluted Shares Outstanding | 87 | 86 | 84 | 81 | 81 | 77 |
Shares Change | 1.88% | 3.40% | 2.77% | 1.00% | 4.06% | 2.45% |
EPS (Basic) | 5.00 | 4.68 | 3.42 | 2.80 | 4.71 | 3.26 |
EPS (Diluted) | 5.00 | 4.68 | 3.42 | 2.80 | 4.71 | 3.26 |
EPS Growth | 26.61% | 36.81% | 22.15% | -40.52% | 44.38% | 101.24% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Dividend Per Share | 4.550 | 4.460 | 4.380 | 4.340 | 4.300 | 4.260 |
Dividend Growth | 2.71% | 1.83% | 0.92% | 0.93% | 0.94% | 0.95% |
Operating Margin | 34.52% | 36.02% | 34.96% | 35.25% | 34.06% | 32.13% |
Profit Margin | 31.89% | 31.36% | 23.71% | 20.04% | 34.84% | 26.48% |
EBITDA | 849.59 | 814.52 | 750.58 | 709.61 | 659.02 | 577.25 |
EBITDA Margin | 62.82% | 63.59% | 62.26% | 62.46% | 61.05% | 60.61% |
D&A For Ebitda | 382.72 | 353.09 | 329.11 | 309.15 | 291.3 | 271.23 |
EBIT | 466.87 | 461.43 | 421.48 | 400.46 | 367.72 | 306.02 |
EBIT Margin | 34.52% | 36.02% | 34.96% | 35.25% | 34.06% | 32.13% |
Funds From Operations (FFO) | 647.54 | 624.26 | 570.24 | 537.31 | 509.16 | 434.74 |
FFO Per Share | 7.46 | 7.22 | 6.77 | 6.55 | 6.32 | 5.57 |
Adjusted Funds From Operations (AFFO) | - | 624.26 | 570.24 | 537.31 | 509.16 | 434.74 |
AFFO Per Share | - | 7.22 | 6.77 | 6.55 | 6.32 | 5.57 |
Revenue as Reported | 1,352 | 1,279 | 1,202 | 1,132 | 1,074 | 951.22 |