The Tip Desk

FEDERAL REALTY INVESTMENT TRUST

Company Stats

Market Cap
$9.4B
as of Sep 30, 2026
Enterprise Value
$14.2B
Shares Outstanding
86.0M
Free Float
97.0%

Income Statement

Revenue
$1.3B
Operating Income
$602.2M
Net Income
$411.1M
EBITDA
$970.0M
Non-cash Impairment
$7.4M
Revenue Growth, 3Y
6.0%

Balance Sheet

Cash & Equivalents
$107.4M
Total Debt
$4.9B
Net Debt
$4.8B
Net Debt / EBITDA
4.99x
EV / EBITDA
14.68x
Net Debt / EBIT
8.03x

Returns & Capital

SBC, 3Y Avg
$15.1M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$1.3B——
FY2024$1.2B——
FY2023$1.1B——
FY2022$1.1B——
FY2021$951.2M——

Annual filing data through FY ended December 31, 2025; shares and float as of November 6, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage