FirmAtlas
Company handbook · FRT · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-16
FRT · CIK 34903 · LATEST FILING: 10-Q JUN '26 · FILED JUL 31, 2026
FEDERAL REALTY INVESTMENT TRUST
$106.32
+0.64 (+0.61%)
Close, Oct 16, 2026 · 52-week $90–128
Last fiscal year
FEDERAL REALTY INVESTMENT TRUST reported revenue of $1.3B for the year ended Dec 31, 2025 (FY25), up 6.4% from FY24. Net income was $411M and operating cash flow $622M. Source: 10-K filed Feb 12, 2026.
Market cap
$9.2B
P/E
18.1
EV/EBITDA
14.4x
P/B
2.8
Div yield
4.28%
ROIC
6.1%
Revenue 1Y
6.4%/yr
EPS 1Y
36.8%/yr
Shares 1Y
+0.7%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEODonald C. Wood
HQNorth Bethesda, MD
AuditorGrant Thornton LLP
Year endsDecember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
−3.2%
−3.0%
5.9%
8.5%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Mar '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
1,202
1,279+6.4%
1,311
YoY
+6.4%
Operating income
472
602+27.5%
703
Operating margin
39.3%
47.1%+7.8 pp
—
EBITDA
815
970+19.0%
—
EBITDA margin
67.8%
75.8%+8.1 pp
—
Interest expense
175
184+4.6%
—
Interest coverage
4.64x
5.28x+0.64x
—
Net income
295
411+39.2%
506
YoY
+39.2%
Net margin
24.6%
32.1%+7.6 pp
—
EPS (diluted, $)
3.42
4.68+36.8%
5.78
YoY
+36.8%
Balance sheet
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
575
622+8.3%
628
Net income
304
424+39.2%
—
Depreciation & amortization
343
368+7.4%
—
Stock-based compensation
16
15−10.7%
—
Working capital & other
(89)
(184)n/m
—
Cash from investing
(447)
(743)n/m
—
Other investing
(447)
(743)n/m
—
Cash from financing
(252)
103n/m
—
Debt raised
472
0−100.0%
—
Debt repaid
(600)
0n/m
—
Shares issued
304
54−82.1%
—
Other financing
(428)
48n/m
—
Net change in cash
(125)
(18)n/m
—
Income
Jun '25
Sep '25
Dec '25
Mar '26
Revenue
312
322
336
341
vs year-ago quarter
Operating income
203
111
181
209
Net income
156
62
130
159
vs year-ago quarter
Net margin
50.0%
19.1%
38.6%
46.6%
EPS (diluted, $)
1.78
0.69
1.50
1.81
vs year-ago quarter
Balance sheet
Jun '25
Sep '25
Dec '25
Mar '26
Total assets
8,624
8,862
9,130
9,097
Cash & equivalents
204
128
118
124
Total debt
—
—
4,943
—
Shareholders’ equity
3,249
3,215
3,249
3,311
Cash flow
Jun '25
Sep '25
Dec '25
Mar '26
Operating cash flow
151
148
145
185