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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Federal Realty Investment Trust (FRT) Quarterly Financial Ratios

Last 47 quarters of trend data · Real Estate · REIT - Retail

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Federal Realty Investment Trust's quarterly P/E stands at 36.7x, down 10.6% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 10.6% YoY to 16.4x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →22.7136.7113.3433.9737.8241.0619.1238.6833.9033.8233.6038.0118.04
—-10.6%-30.2%-12.2%+11.6%+21.4%-43.1%+1.8%+87.9%+183.7%+5.3%-21.5%-23.8%
P/S Ratio7.346.746.606.767.617.957.127.247.216.437.007.347.30
—-15.2%-7.3%-6.6%+5.6%+23.7%+1.8%-1.4%-1.3%-4.3%-2.5%-21.3%-30.7%
P/B Ratio2.722.512.352.432.772.872.592.652.612.352.492.522.55
—-12.4%-9.4%-8.6%+6.2%+22.2%+4.2%+5.3%+2.4%+1.2%+1.3%-23.0%-31.6%
P/FCF15.087.9924.1617.4242.9128.1419.1727.2456.2426.0727.9930.15—
—-71.6%+26.1%-36.1%-23.7%+7.9%-31.5%-9.6%—-15.6%-29.3%-77.3%—
EV / EBITDA10.7416.3610.8116.4717.7118.3013.4017.5816.8016.3117.0617.8513.41
—-10.6%-19.3%-6.3%+5.5%+12.2%-21.4%-1.5%+25.2%+47.3%-1.0%-17.4%-18.0%
EV / EBIT17.3030.1215.4329.4631.2332.7820.4131.7429.1829.0429.1332.1120.15
—-8.1%-24.4%-7.2%+7.0%+12.9%-29.9%-1.2%+44.8%+89.1%-2.9%-18.6%-18.6%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Federal Realty Investment Trust's operating margin was 34.3% in Q3 2025, down 30.8 pp QoQ and down 0.6 pp YoY. The trailing four-quarter average of 42.4% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin67.2%67.3%68.4%66.2%67.3%67.1%68.2%67.1%67.2%68.0%68.7%67.9%65.7%
—+0.3%+0.4%-1.3%+0.1%-1.4%-0.7%-1.1%+2.2%+2.3%-0.2%+2.5%-0.1%
Operating Margin47.1%34.3%65.1%35.0%35.1%34.9%53.0%34.4%37.3%34.9%36.3%35.1%55.4%
—-1.7%+22.7%+1.7%-5.8%-0.2%+46.2%-2.0%-32.7%-50.2%+2.3%+4.8%-4.6%
Net Margin32.1%19.1%50.0%20.6%21.0%20.1%37.8%19.5%22.0%19.9%21.6%20.3%41.3%
—-4.9%+32.3%+5.9%-4.2%+0.9%+75.5%-3.9%-46.8%-65.1%-7.7%+0.1%-8.7%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE12.0%1.8%4.5%1.9%1.9%1.8%3.5%1.8%2.0%1.8%1.9%1.7%3.6%
—-3.9%+28.9%+4.8%-4.2%+1.6%+82.5%+2.4%-44.4%-63.7%-7.0%-3.4%-11.1%
ROA4.7%0.7%1.8%0.7%0.8%0.7%1.3%0.7%0.8%0.7%0.7%0.7%1.4%
—-2.2%+34.8%+9.5%+0.6%+4.8%+83.5%+1.3%-45.5%-64.7%-8.2%-1.4%-6.7%
ROIC7.3%1.0%1.9%1.0%1.0%1.0%1.5%1.0%1.1%1.0%1.0%0.9%1.5%
—+1.7%+26.0%+4.6%-2.0%+3.4%+52.3%+3.9%-29.7%-49.4%+0.1%+1.5%-5.4%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Federal Realty Investment Trust's Debt/EBITDA ratio is 23.5x, up from 15.7x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 6.0% YoY to 1.01x, strengthening the short-term liquidity position.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity0.331.391.311.341.331.351.431.441.451.461.451.421.39
—+2.4%-8.4%-7.2%-8.3%-7.5%-1.5%+0.9%+4.3%-1.5%+7.1%-0.5%-4.4%
Debt / EBITDA1.1823.4715.6723.5823.2223.6519.1824.9024.5225.2725.3125.9919.10
—-0.8%-18.3%-5.3%-5.3%-6.4%-24.2%-4.2%+28.4%+44.3%+1.9%-2.2%+2.7%
Current Ratio0.311.011.271.031.160.961.021.011.550.900.990.980.95
—+6.0%+24.5%+1.5%-25.1%+5.8%+3.6%+3.2%+63.8%-4.1%-9.7%-3.0%-3.6%
Quick Ratio0.311.011.271.031.160.961.021.011.550.900.990.980.95
—+6.0%+24.5%+1.5%-25.1%+5.8%+3.6%+3.2%+63.8%-4.1%-9.7%-3.0%-3.6%
Interest Coverage—2.374.552.552.532.393.542.292.532.342.372.444.05
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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Frequently Asked Questions

What is Federal Realty Investment Trust's quarterly P/E ratio trend?

Federal Realty Investment Trust's current P/E is 22.7x. The average P/E over the last 4 quarters is 30.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Federal Realty Investment Trust's margins change by quarter?

Federal Realty Investment Trust's current operating margin is 47.1%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at FRT quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Federal Realty Investment Trust's business trajectory between earnings reports.

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