FEDERAL REALTY INVESTMENT TRUST
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $411.1M | $295.2M | $237.0M | $385.5M | $261.5M | $131.7M | $353.9M | $241.9M |
| Depreciation & Amortization | $367.8M | $342.6M | $321.8M | $302.4M | $280.0M | $255.0M | $239.8M | $244.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $14.6M | $16.4M | $14.3M | $13.7M | $13.0M | $11.9M | $12.3M | $11.7M |
| Net Cash from Operating Activities | $622.4M | $574.6M | $555.8M | $516.8M | $471.4M | $369.9M | $461.9M | $516.7M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-743.1M | $-446.8M | $-358.3M | $-786.0M | $-660.1M | $-368.4M | $-316.5M | $-192.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $103.0M | $-252.3M | $-33.8M | $190.4M | $-453.0M | $661.7M | $-100.1M | $-241.3M |
| Net Change in Cash | $-17.7M | $-124.6M | $163.7M | $-78.8M | $-641.7M | $663.3M | $45.3M | $83.1M |
| Free Cash Flow | — | — | — | — | — | — | — | — |