Federal Realty Investment Trust vs Macerich
Federal Realty Investment Trust is the larger business, with $1.28bn of revenue in fiscal 2025 against $1.01bn for Macerich (1.3 times as much). Macerich grew faster (10.4% against 6.4%). Federal Realty Investment Trust kept more of each dollar of sales as profit: a net margin of 32.1% against -19.4%.
| Latest fiscal year | Federal Realty Investment TrustFRT, 2025 | MacerichMAC, 2025 |
|---|---|---|
| Revenue | $1.28bn | $1.01bn |
| Revenue growth | 6.4% | 10.4% |
| Net income | $411m | −$197m |
| Operating margin | 47.1% | — |
| Net margin | 32.1% | -19.4% |
| Return on equity | 12.8% | -7.6% |
| Free cash flow | $622m | — |
| Cash | $107m | $280m |
| Total debt | $4.96bn | $5.07bn |
| Debt to equity | 152.8% | — |
| Dividend per share | — | $0.68 |
| Dividend yield | — | 2.7% |
| Share buybacks | — | — |
| Employees | 314 | 598 |
| Market value | $9.57bn | $7.02bn |
| Price vs our value range | — | — |
| Moat score | 70 (Strong) | 30 (Weak) |
| Insider trades, 12 months | 0 buys, 10 sales | 0 buys, 1 sales |