Federal Realty Investment Trust
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.
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Federal Realty Investment Trust (FRT) Operating margin
Federal Realty Investment Trust's operating margin over the twelve months to 30 June 2026 was 47.9%, up 0.8 percentage points from fiscal 2025 (47.1%). Over the past ten years it has ranged from 34.7% (fiscal 2020) to 50.3% (fiscal 2019); the current reading is higher than 73% of that period. That is above the Reit Retail industry median of 34.6% and above the Real Estate sector median of 18.8%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 47.1% | 7.80 |
| FY2024 | 39.3% | 3.38 |
| FY2023 | 35.9% | (13.10) |
| FY2022 | 49.0% | 7.50 |
| FY2021 | 41.5% | 6.85 |
| FY2020 | 34.7% | (15.67) |
| FY2019 | 50.3% | 10.82 |
| FY2018 | 39.5% | (8.35) |
| FY2017 | 47.9% | 7.81 |
| FY2016 | 40.0% | (0.30) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 41.3% | (19.97) |
| Mar 2026 | 61.3% | 7.51 |
| Dec 2025 | 53.8% | 19.42 |
| Sep 2025 | 34.3% | (30.74) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| EPRT Essential Properties Realty Trust, Inc. compare | 62.8% |
| NNN NNN REIT, Inc. compare | 62.3% |
| ADC Agree Realty Corporation compare | 47.9% |
| FRT Federal Realty Investment Trust | 47.9% |
| REG Regency Centers Corporation compare | 37.1% |
| KIM Kimco Realty Corporation compare | 36.1% |
| BRX Brixmor Property Group Inc. compare | 35.3% |
| PECO Phillips Edison & Company, Inc. compare | 29.1% |
| MAC Macerich Company (The) compare | 16.3% |
| Reit Retail industry median | 34.6% |
| Real Estate sector median | 18.8% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on FRT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement