Federal Realty Investment Trust

FRT ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $1.28B $1.19B $1.13B $1.07B $948.0M $836.4M $935.9M
Rental Income $1.15B $1.09B $1.03B $914.4M $806.6M $906.9M
Other Property Income $44.5M $41.5M $36.4M $33.7M $29.7M $29.0M
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
Operating Income $602.2M $472.4M $406.5M $526.4M $394.7M $289.5M $470.9M
Operating Margin 47.1% 39.6% 35.9% 49.2% 41.6% 34.6% 50.3%
Interest Expense $183.6M $175.5M $167.8M $137.0M $127.7M $136.3M $109.6M
Pretax Income
Income Tax Expense
Net Income $411.1M $295.2M $237.0M $385.5M $261.5M $131.7M $353.9M
Net Margin 32.1% 24.7% 20.9% 36.1% 27.6% 15.7% 37.8%
EPS (Basic) $4.68 $3.42 $2.80 $4.71 $3.26 $1.62 $4.61
EPS (Diluted) $4.68 $3.42 $2.80 $4.71 $3.26 $1.62 $4.61
Shares Outstanding (Basic) 86.3M 85.9M 83.6M 81.3M 79.9M 77.3M 75.5M 74.8M
Shares Outstanding (Diluted) 86.3M 86.4M 83.6M 81.3M 80.5M 77.4M 75.5M 74.8M
Dividends Per Share $4.46 $4.38 $4.34 $4.30 $4.26 $4.22 $4.14
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