Real Estate · Retail REITs
Federal Realty Investment Trust: revenue, profit and dividends
In fiscal 2025, Federal Realty Investment Trust had revenue of $1.28B, up 5.6% a year on average since 2015, and net income of $411M (32.1% of revenue). Its dividend per share has gone up 13 years in a row, to $4.46. It has 25% more shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +6.4% vs 2024
- Ticker
- FRT · NYSE
- Sector
- Real Estate
- Sub-industry
- Retail REITs
- Headquarters
- Rockville, Maryland
- Founded
- 1962
- In the S&P 500 since
- February 1, 2016
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Federal Realty Investment Trust · CIK 0000034903
Revenue and net income
Revenue went from $520M in 2008 to $1.28B in 2025.
Diluted earnings per share
Diluted EPS went from $2.19 in 2008 to $4.68 in 2025. Ten-year growth: 4.4% a year.
Dividends per share
Raised 13 years in a row, every year from 2013 to 2025. Ten-year growth: 2.1% a year.
Shares outstanding
25.3% more shares in 2025 than in 2015 (69M → 86.4M): new shares outweighed buybacks.
Operating cash flow, capex and free cash flow
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $1.28B | $411M | 32.1% | $4.68 | $4.46 | 86.4M | — | — | — |
| 2024 | $1.2B | $295M | 24.6% | $3.42 | $4.38 | 83.6M | — | — | — |
| 2023 | $1.13B | $237M | 20.9% | $2.80 | $4.34 | 81.3M | — | — | — |
| 2022 | $1.07B | $385M | 35.9% | $4.71 | $4.30 | 80.5M | — | — | — |
| 2021 | $951M | $261M | 27.5% | $3.26 | $4.26 | 77.4M | — | — | — |
| 2020 | $835M | $132M | 15.8% | $1.62 | $4.22 | 75.5M | — | — | — |
| 2019 | $936M | $354M | 37.8% | $4.61 | $4.14 | 74.8M | $462M | $82.8M | $379M |
| 2018 | $915M | $242M | 26.4% | $3.18 | $4.04 | 73.3M | $517M | $66.1M | $451M |
| 2017 | $857M | $290M | 33.8% | $3.97 | $3.96 | 72.2M | $459M | $77M | $382M |
| 2016 | $802M | $250M | 31.2% | $3.50 | $3.84 | 71M | $428M | $57.6M | $370M |
| 2015 | $744M | $210M | 28.3% | $3.03 | $3.62 | 69M | $369M | $46.1M | $323M |
| 2014 | $686M | $165M | 24.0% | $2.41 | $3.30 | 67.5M | $346M | $46.3M | $300M |
| 2013 | $637M | $163M | 25.5% | $2.46 | $3.02 | 65.5M | $314M | $47.1M | $267M |
| 2012 | $606M | $152M | 25.1% | $2.35 | $2.84 | 64.1M | $297M | $51.3M | $245M |
| 2011 | $551M | $144M | 26.1% | $2.28 | — | 62.6M | $245M | $50.5M | $194M |
| 2010 | $542M | $123M | 22.7% | $1.98 | — | 61.3M | $257M | $38.7M | $218M |
| 2009 | $529M | $98.3M | 18.6% | $1.63 | — | 59.8M | $257M | $26M | $231M |
| 2008 | $520M | $130M | 25.0% | $2.19 | — | 58.9M | $228M | $33.8M | $194M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- REITs are usually judged by funds from operations (FFO), which is not in the filings data; their net income is after depreciation of the properties.
- Capital expenditure: no figures after 2019 in the data.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Retail REITs companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.