--- title: "Federal Realty Investment: Metrics Guide" description: "Federal Realty Investment Trust revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios explained." canonical: https://www.getswoopr.com/stocks/companies/federal-realty-investment-trust/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Federal Realty Investment Trust: Financial & Operating Metrics Guide ## Direct Answer Federal Realty Investment Trust reported revenue of $1.3 billion for the fiscal year ended December 31, 2025, with an operating margin of 47.1% and net income of $411 million, according to its SEC filings. Revenue grew 6.4% from the prior year. ## What Are Federal Realty Investment Trust's Key Financial Figures? | Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $1.3 billion | $1.2 billion | $1.1 billion | $1.1 billion | | Operating income | $602 million | $472 million | $406 million | $526 million | | Operating margin | 47.1% | 39.3% | 35.9% | 49.0% | | Net income | $411 million | $295 million | $237 million | $385 million | | Net margin | 32.1% | 24.6% | 20.9% | 35.9% | | Operating cash flow | $622 million | $575 million | $556 million | $517 million | | Capital expenditures | Not reported | Not reported | Not reported | Not reported | | Free cash flow | Not reported | Not reported | Not reported | Not reported | Operating margin widened by 7.8 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. ![Bar chart of Federal Realty Investment Trust revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $1.3 billion, operating income $602 million and net income $411 million.](https://www.getswoopr.com/images/charts/federal-realty-investment-trust-metrics-revenue-profit.webp) *Federal Realty Investment Trust revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Federal Realty Investment Trust operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 47.1% and net margin was 32.1%.](https://www.getswoopr.com/images/charts/federal-realty-investment-trust-metrics-margins.webp) *Federal Realty Investment Trust operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ## What Does Federal Realty Investment Trust's Balance Sheet Show? | Cash and cash equivalents | $107 million | | --- | --- | | Long-term debt | $5.0 billion | | Total assets | $9.1 billion | | Total liabilities | $5.6 billion | | Shareholders' equity | $3.2 billion | | Current ratio | n/a | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Federal Realty Investment Trust reported in its own SEC filings, read from the SEC's XBRL data (accession 0000034903-26-000017 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Federal Realty Investment Trust's revenue in fiscal 2025? Federal Realty Investment Trust reported revenue of $1.3 billion for the fiscal year ended December 31, 2025, according to its SEC filings. ### What is Federal Realty Investment Trust's operating margin? Federal Realty Investment Trust's operating margin was 47.1% in fiscal 2025: operating income of $602 million on revenue of $1.3 billion. ### How much free cash flow did Federal Realty Investment Trust generate? Federal Realty Investment Trust did not report both operating cash flow and capital expenditures under the standard tags for fiscal 2025, so free cash flow is not computed here. ## References - [SEC EDGAR: FEDERAL REALTY INVESTMENT TRUST Form 10-K filed February 12, 2026](https://www.sec.gov/Archives/edgar/data/34903/000003490326000017/frt-20251231.htm) - [SEC EDGAR: FEDERAL REALTY INVESTMENT TRUST annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=34903&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Federal Realty Investment Trust company dossier](https://www.getswoopr.com/stocks/companies/federal-realty-investment-trust/) - [Federal Realty Investment Trust financial metrics](https://www.getswoopr.com/stocks/companies/federal-realty-investment-trust/metrics/) - [Federal Realty Investment Trust financial risk indicators](https://www.getswoopr.com/stocks/companies/federal-realty-investment-trust/risks/) - [Federal Realty Investment Trust peer comparison](https://www.getswoopr.com/stocks/companies/federal-realty-investment-trust/competitors/) - [Federal Realty Investment Trust business model and revenue mix](https://www.getswoopr.com/stocks/companies/federal-realty-investment-trust/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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