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OverviewAnalysisPriceRevenueEarningsP/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 16.7x, down 55.9% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 10.0% YoY to 15.9x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →24.3816.6936.7113.3433.9737.8241.0619.1238.6833.9033.8233.6038.01
—-55.9%-10.6%-30.2%-12.2%+11.6%+21.4%-43.1%+1.8%+87.9%+183.7%+5.3%-21.5%
P/S Ratio7.896.456.746.606.767.617.957.127.247.216.437.007.34
—-15.3%-15.2%-7.3%-6.6%+5.6%+23.7%+1.8%-1.4%-1.3%-4.3%-2.5%-21.3%
P/B Ratio2.862.482.512.352.432.772.872.592.652.612.352.492.52
—-10.6%-12.4%-9.4%-8.6%+6.2%+22.2%+4.2%+5.3%+2.4%+1.2%+1.3%-23.0%
P/FCF30.4742.737.9924.1617.4242.9128.1419.1727.2456.2426.0727.9930.15
—-0.4%-71.6%+26.1%-36.1%-23.7%+7.9%-31.5%-9.6%—-15.6%-29.3%-77.3%
EV / EBITDA18.1415.9516.3610.8116.4717.7118.3013.4017.5816.8016.3117.0617.85
—-10.0%-10.6%-19.3%-6.3%+5.5%+12.2%-21.4%-1.5%+25.2%+47.3%-1.0%-17.4%
EV / EBIT32.6618.8030.1215.4329.4631.2332.7820.4131.7429.1829.0429.1332.11
—-39.8%-8.1%-24.4%-7.2%+7.0%+12.9%-29.9%-1.2%+44.8%+89.1%-2.9%-18.6%

Profitability

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

Federal Realty Investment Trust's operating margin was 34.4% in Q4 2025, up 0.1 pp QoQ and down 0.7 pp YoY. The trailing four-quarter average of 42.2% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 86.4% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin9.7%9.1%67.3%68.4%66.2%67.3%67.1%68.2%67.1%67.2%68.0%68.7%67.9%
—-86.4%+0.3%+0.4%-1.3%+0.1%-1.4%-0.7%-1.1%+2.2%+2.3%-0.2%+2.5%
Operating Margin35.9%34.4%34.3%65.1%35.0%35.1%34.9%53.0%34.4%37.3%34.9%36.3%35.1%
—-2.0%-1.7%+22.7%+1.7%-5.8%-0.2%+46.2%-2.0%-32.7%-50.2%+2.3%+4.8%
Net Margin32.1%38.6%19.1%50.0%20.6%21.0%20.1%37.8%19.5%22.0%19.9%21.6%20.3%
—+83.5%-4.9%+32.3%+5.9%-4.2%+0.9%+75.5%-3.9%-46.8%-65.1%-7.7%+0.1%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE11.9%3.7%1.8%4.5%1.9%1.9%1.8%3.5%1.8%2.0%1.8%1.9%1.7%
—+93.0%-3.9%+28.9%+4.8%-4.2%+1.6%+82.5%+2.4%-44.4%-63.7%-7.0%-3.4%
ROA4.7%1.4%0.7%1.8%0.7%0.8%0.7%1.3%0.7%0.8%0.7%0.7%0.7%
—+87.1%-2.2%+34.8%+9.5%+0.6%+4.8%+83.5%+1.3%-45.5%-64.7%-8.2%-1.4%
ROIC4.2%1.0%1.0%1.9%1.0%1.0%1.0%1.5%1.0%1.1%1.0%1.0%0.9%
—+0.1%+1.7%+26.0%+4.6%-2.0%+3.4%+52.3%+3.9%-29.7%-49.4%+0.1%+1.5%

Leverage & Debt

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

Federal Realty Investment Trust's Debt/EBITDA ratio is 23.6x — elevated, raising questions about debt serviceability. The current ratio has weakened 12.4% YoY to 1.02x, tightening the short-term liquidity position. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity1.441.441.391.311.341.331.351.431.441.451.461.451.42
—+7.8%+2.4%-8.4%-7.2%-8.3%-7.5%-1.5%+0.9%+4.3%-1.5%+7.1%-0.5%
Debt / EBITDA6.0823.6123.4715.6723.5823.2223.6519.1824.9024.5225.2725.3125.99
—+1.7%-0.8%-18.3%-5.3%-5.3%-6.4%-24.2%-4.2%+28.4%+44.3%+1.9%-2.2%
Current Ratio1.021.021.011.271.031.160.961.021.011.550.900.990.98
—-12.4%+6.0%+24.5%+1.5%-25.1%+5.8%+3.6%+3.2%+63.8%-4.1%-9.7%-3.0%
Quick Ratio1.021.021.011.271.031.160.961.021.011.550.900.990.98
—-12.4%+6.0%+24.5%+1.5%-25.1%+5.8%+3.6%+3.2%+63.8%-4.1%-9.7%-3.0%
Interest Coverage3.343.762.374.592.572.582.433.592.332.562.392.472.47
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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FRT — Frequently Asked Questions

Quick answers to the most common questions about buying FRT stock.

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

Federal Realty Investment Trust's current P/E is 24.4x. The average P/E over the last 4 quarters is 25.2x. 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 35.9%. 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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