Federal Realty Investment Trust vs Regency Centers
Regency Centers is the larger business, with $1.55bn of revenue in fiscal 2025 against $1.28bn for Federal Realty Investment Trust (1.2 times as much). Regency Centers grew faster (6.9% against 6.4%). Regency Centers kept more of each dollar of sales as profit: a net margin of 34.0% against 32.1%. Regency Centers carries less debt relative to equity (68.6% against 152.8%).
| Latest fiscal year | Federal Realty Investment TrustFRT, 2025 | Regency CentersREG, 2025 |
|---|---|---|
| Revenue | $1.28bn | $1.55bn |
| Revenue growth | 6.4% | 6.9% |
| Net income | $411m | $527m |
| Operating margin | 47.1% | 72.3% |
| Net margin | 32.1% | 34.0% |
| Return on equity | 12.8% | 7.7% |
| Free cash flow | $622m | — |
| Cash | $107m | $121m |
| Total debt | $4.96bn | $4.74bn |
| Debt to equity | 152.8% | 68.6% |
| Dividend per share | — | — |
| Dividend yield | — | 3.8% |
| Share buybacks | — | — |
| Employees | 314 | 507 |
| Market value | $9.57bn | $13.73bn |
| Price vs our value range | — | — |
| Moat score | 70 (Strong) | 59 (Moderate) |
| Insider trades, 12 months | 0 buys, 10 sales | 0 buys, 12 sales |