FRTFEDERAL REALTY INVESTMENT TRUST
Real Estate Investment Trusts
- Revenue
- $1.3B
- 6.4% YoY
- Operating margin
- 47.1%
- 20% YoY
- EBITDA
- $970M
- 19% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 5.0×
- $4.8B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear151% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $951M | $1.1B | $1.1B | $1.2B | $1.3B | 6.4% |
| Operating income | $395M | $526M | $406M | $472M | $602M | 27% |
| Net income | $261M | $385M | $237M | $295M | $411M | 39% |
| Operating cash flow | $471M | $517M | $556M | $575M | $622M | 8.3% |
| Stock-based comp | $13M | $14M | $14M | $16M | $15M | 11% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $163K · 10
- Net
- −$163K
Pay vs performance
No pay-versus-performance disclosure yet.