Federal Realty Investment Trust (FRT) Financial Statements
Federal Realty Investment Trust financial statements at a glance
Federal Realty Investment Trust reported revenue of $1.28 billion for fiscal year 2025 (ended December 31, 2025), up 6.4% from fiscal year 2024. Net income was $411.08 million, a net margin of 32.1%.
At the end of fiscal year 2025 it had total assets of $9.13 billion, total liabilities of $5.88 billion and shareholders' equity of $3.25 billion, with total debt of $4.96 billion.
Its operations brought in $622.38 million of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Federal Realty Investment Trust
Income Statement
Annual • USD
Federal Realty Investment Trust key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.1B | $1.1B | $951.2M |
| Gross profit | $860.1M | $810.7M | $769.1M | $717.6M | $634.6M |
| Operating income | $602.2M | $472.4M | $406.5M | $526.4M | $304.8M |
| Net income | $411.1M | $295.2M | $237.0M | $385.5M | $252.2M |
| Diluted EPS | – | – | – | – | $3.26 |
| Total assets | $9.1B | $8.5B | $8.4B | $8.2B | $7.6B |
| Total liabilities | $5.9B | $5.4B | $5.5B | $5.3B | $4.7B |
| Shareholders' equity | $3.2B | $3.2B | $3.0B | $3.0B | $2.6B |
| Cash | – | – | – | – | $162.1M |
| Total debt | $5.0B | $4.5B | $4.6B | $4.4B | $4.2B |
| Operating cash flow | $622.4M | $574.6M | $555.8M | $516.8M | $471.4M |
| Capital spending | – | – | – | – | $440.5M |
| Free cash flow | – | – | – | – | $30.8M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Federal Realty Investment Trust's revenue in fiscal year 2025?
$1.28 billion, up 6.4% from $1.20 billion in fiscal year 2024.
How much profit does Federal Realty Investment Trust make?
Federal Realty Investment Trust reported net income of $411.08 million for fiscal year 2025 (32.1% of revenue); operating income was $602.20 million.
How much cash and debt does Federal Realty Investment Trust have?
At the end of fiscal year 2025: total debt of $4.96 billion.
