FRTNYSE—63

FEDERAL REALTY INVESTMENT TRUST

Commercial REITsVerified

FEDERAL REALTY INVESTMENT TRUST (FRT) is currently classified as Commercial REITs within Commercial REITs (Real Estate). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 9,130,460,000 USD, total equity 3,248,731,000, short-term debt 0, long-term debt 0. Net cash position is approximately 107,415,000 USD. Profitability profile: revenue 1,278,975,000, gross profit 0, operating income 602,199,000, net income 411,077,000. Return on equity ~12.7%. Return on assets ~4.5%. Operating-cash-flow to net-income ratio is 1.51. Risk profile from automated assessment: liquidity risk low, dilution risk medium. Flags: Source documents mention dilution or offering risk..

30-day price · FRT+9.63 (+9.3%)

Low$102.24High$117.22Close$112.78As of15 May, 00:00 UTC

Profile

CompanyFEDERAL REALTY INVESTMENT TRUST

ExchangeNYSE

TickerFRT

CIK0000034903

SICReal Estate Investment Trusts

SectorReal Estate

BusinessReal Estate

Industry groupReal Estate

IndustryCommercial REITs

AI analysis

Business. FEDERAL REALTY INVESTMENT TRUST is classified under Real Estate / Commercial REITs and appears profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.92 based on verified market data; matched terms: Commercial REITs, Real Estate, Real Estate.

Key takeaways

Return on equity is about 12.7%.
Debt to equity is about 0.0x.

Financial snapshot

PeriodFY2024

CurrencyUSD

Revenue$1.28B

Gross profit—

Operating income$602.2M

Net income$411.1M

R&D—

SG&A$46.9M

D&A—

SBC$14.6M

Operating cash flow$622.4M

CapEx—

Free cash flow—

Total assets$9.13B

Total liabilities$5.63B

Total equity$3.25B

Cash & equivalents$107.4M

Long-term debt—

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY2024$1.28B$602.2M$411.1M—

FY2024$1.20B$472.4M$295.2M—

FY2023$1.13B$406.5M$237.0M—

FY2024$1.13B$406.5M$237.0M—

FY2022$1.07B$526.4M$385.5M—

PeriodGross %Op %Net %FCF %

FY2024————

FY2023————

FY2024————

FY2022————

PeriodAssetsEquityCashDebt

FY2024$9.13B$3.25B$107.4M—

FY2024$8.52B$3.17B$123.4M—

FY2023$8.44B$2.96B$250.8M—

FY2024$8.44B$2.96B$250.8M—

FY2022$8.23B$2.95B$85.6M—

PeriodOCFCapExFCFSBC

FY2024$622.4M——$14.6M

FY2024$574.6M——$16.4M

FY2023$555.8M——$14.3M

FY2024$555.8M——$14.3M

FY2022$516.8M——$13.7M

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

Q3 2025$942.9M$421.5M$281.3M—

Q2 2025$620.7M$310.9M$219.7M—

Q3 2025————

Q1 2025$309.2M$108.1M$63.8M—

PeriodGross %Op %Net %FCF %

Q3 2025————

Q2 2025————

Q3 2025————

Q1 2025————

PeriodAssetsEquityCashDebt

Q3 2025$8.86B$3.21B$111.3M—

Q2 2025$8.62B$3.25B$177.0M—

Q3 2025—$3.32B——

Q1 2025$8.62B$3.19B$109.2M—

PeriodOCFCapExFCFSBC

Q3 2025$477.5M——$10.9M

Q2 2025$329.7M——$7.5M

Q3 2025————

Q1 2025$179.0M——$3.9M

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$3.50B

Net cash$107.4M

Current ratio—

Debt/Equity0.0

ROA4.5%

ROE12.7%

Cash conversion1.5%

CapEx/Revenue—

SBC/Revenue1.1%

Asset intensity—

Dilution ratio0.2%

Risk assessment

Dilution riskMedium

Liquidity riskLow

Source documents mention dilution or offering risk.

Industry benchmarks

Activity: Commercial REITs · cohort 112 companies

MetricFRTActivity

Op margin47.1%47.1% medp25 47.1% · p75 47.1%top quartile

Net margin32.1%32.1% medp25 32.1% · p75 32.1%bottom quartile

Gross margin—59.1% medp25 59.1% · p75 59.1%

CapEx / revenue—-2.8% medp25 -15.7% · p75 -0.5%

Debt / equity0.0%69.5% medp25 34.7% · p75 115.1%bottom quartile

Observations

IR observations

market data ESG controversies score100.0

market data ESG governance pillar86.8

market data ESG social pillar66.0

market data insider trading score4.0

Source: analysis-pipeline (hybrid)Generated: 2026-05-01 11:54 UTCJob: 7d8b9eba