Federal Realty Investment Trust

FRT Real Estate Reit Retail

Federal Realty Investment Trust’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 6.36% from fiscal 2024. In the quarter to June 2026, revenue grew 7.76%, EPS fell 45.8%, free cash flow fell 1.70% and total debt rose 6.23%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for five.

106.32 0.64 +0.61%
Market cap
$9.2B
P/E
21.4×
Fwd P/E
31.8×
Dividend yield
4.28%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Federal Realty Investment Trust (FRT) Free cash flow margin

Alert me on Free cash flow margin

Federal Realty Investment Trust's free cash flow margin over the twelve months to 30 June 2026 was 24.7%, down 1.2 percentage points from fiscal 2025 (25.9%). Over the past ten years it has ranged from −17.4% (fiscal 2020) to 27.3% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Reit Retail industry median of 18.8% and above the Real Estate sector median of 9.79%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 25.9% (1.39)
FY2024 27.3% 5.77
FY2023 21.5% 13.85
FY2022 7.64% 4.40
FY2021 3.24% 20.59
FY2020 −17.4% (22.91)
FY2019 5.56% (10.65)
FY2018 16.2% 23.22
FY2017 −7.01% (5.81)
FY2016 −1.20% (12.83)

Against its own ten years

Low −17.4% High 27.3%
Ten-year median 7.64%
Current reading's percentile 91

Free cash flow margin against peers

Company Free cash flow margin
PECO Phillips Edison & Company, Inc. compare 58.1%
KIM Kimco Realty Corporation compare 38.1%
FRT Federal Realty Investment Trust 24.7%
REG Regency Centers Corporation compare 22.3%
BRX Brixmor Property Group Inc. compare 18.9%
NNN NNN REIT, Inc. compare −4.37%
MAC Macerich Company (The) compare −10.0%
EPRT Essential Properties Realty Trust, Inc. compare −126.6%
ADC Agree Realty Corporation compare −153.4%
Reit Retail industry median 18.8%
Real Estate sector median 9.79%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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