Federal Realty Investment Trust income statement
In fiscal 2025, Federal Realty Investment Trust reported revenue of $1.28bn, up 6.4% on the year before, operating income of $602m (a 47.1% margin) and net income of $411m, or $4.68 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 529 | 542 | 551 | 606 | 637 | 686 | 744 | 802 | 857 | 915 | 936 | 835 | 951 | 1,074 | 1,132 | 1,202 | 1,279 | 1,352 |
| General and administrative | 22 | 24 | 29 | 31 | 32 | 32 | 36 | 33 | 36 | 34 | 43 | 42 | 50 | 53 | 51 | 50 | 47 | 51 |
| Operating income | 210 | 229 | 226 | 254 | 254 | 271 | 300 | 321 | 410 | 362 | 471 | 290 | 395 | 526 | 406 | 472 | 602 | 645 |
| Interest expense | 109 | 102 | 98 | 113 | 105 | 94 | 93 | 95 | 100 | 110 | 110 | 136 | 128 | 137 | 168 | 175 | 184 | 198 |
| Net income | 98 | 123 | 144 | 152 | 163 | 165 | 210 | 250 | 290 | 242 | 354 | 132 | 261 | 385 | 237 | 295 | 411 | 441 |
| Diluted EPS | $1.63 | $1.98 | $2.28 | $2.35 | $2.46 | $2.41 | $3.03 | $3.50 | $3.97 | $3.18 | $4.61 | $1.62 | $3.26 | $4.71 | $2.80 | $3.42 | $4.68 | $5.08 |
| Diluted shares (average) | 60m | 61m | 63m | 64m | 65m | 67m | 69m | 71m | 72m | 73m | 75m | 76m | 77m | 81m | 81m | 84m | 86m | 87m |
| EBITDA | 324 | 348 | 352 | 396 | 415 | 442 | 475 | 515 | 626 | 606 | 711 | 545 | 675 | 829 | 728 | 815 | 970 | 1,043 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 311 | 309 | 312 | 322 | 336 | 341 | 336 | 339 |
| General and administrative | 15 | 11 | 12 | 12 | 12 | 12 | 13 | 13 |
| Operating income | 109 | 108 | 203 | 111 | 181 | 209 | 139 | 117 |
| Interest expense | 43 | 42 | 45 | 48 | 49 | 49 | 50 | 50 |
| Net income | 66 | 64 | 156 | 62 | 130 | 159 | 86 | 66 |
| Diluted EPS | $0.74 | $0.72 | $1.78 | $0.69 | $1.48 | $1.81 | $0.97 | $0.74 |
| EBITDA | 196 | 195 | 292 | 205 | 278 | 308 | 239 | 217 |
Compare with peers
- Brixmor Property Group Inc. income statement
- Regency Centers income statement
- Macerich Co income statement
- Kimco Realty income statement
- Agree Realty Corp income statement
Head to head: BRX vs FRTFRT vs REGFRT vs MACFRT vs KIM
More: Retail REITs stocks compared, Real Estate sector, rankings of US companies