Federal Realty Investment Trust
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.28B | $1.20B | $1.13B | $1.07B | $951.2M | $835.5M | $935.8M | $915.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $46.9M | $49.7M | $50.7M | $52.6M | $49.9M | $41.7M | $42.8M | $33.6M |
| Operating Income | $602.2M | $472.4M | $406.5M | $526.4M | $394.7M | $289.5M | $470.9M | $361.6M |
| Operating Margin | 47.1% | 39.3% | 35.9% | 49.0% | 41.5% | 34.7% | 50.3% | 39.5% |
| Interest Expense | $183.6M | $175.5M | $167.8M | $137.0M | $127.7M | $136.3M | $109.6M | $110.2M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $411.1M | $295.2M | $237.0M | $385.5M | $261.5M | $131.7M | $353.9M | $241.9M |
| Net Margin | 32.1% | 24.6% | 20.9% | 35.9% | 27.5% | 15.8% | 37.8% | 26.4% |
| EPS (Basic) | $4.68 | $3.42 | $2.80 | $4.71 | $3.26 | $1.62 | $4.61 | $3.18 |
| EPS (Diluted) | $4.68 | $3.42 | $2.80 | $4.71 | $3.26 | $1.62 | $4.61 | $3.18 |
| Shares Outstanding (Basic) | 85.9M | 83.6M | 81.3M | 79.9M | 77.3M | 75.5M | 74.8M | 73.3M |
| Shares Outstanding (Diluted) | 86.4M | 83.6M | 81.3M | 80.5M | 77.4M | 75.5M | 74.8M | 73.3M |
| Dividends Per Share | $4.46 | $4.38 | $4.34 | $4.30 | $4.26 | $4.22 | $4.14 | $4.04 |