Federal Realty Investment Trust
Federal Realty Investment Trust is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets and select underserved regions with strong economic and demographic fundamentals. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail d… Read more
Federal Realty Investment Trust (FRT) - Net Assets
Latest net assets as of December 2025: $3.50 Billion USD
Based on the latest financial reports, Federal Realty Investment Trust (FRT) has net assets worth $3.50 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.13 Billion) and total liabilities ($5.63 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.50 Billion |
| % of Total Assets | 38.34% |
| Annual Growth Rate | 10.18% |
| 5-Year Change | 21.68% |
| 10-Year Change | 57.72% |
| Growth Volatility | 14.96 |
Federal Realty Investment Trust - Net Assets Trend (1985–2025)
This chart illustrates how Federal Realty Investment Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Federal Realty Investment Trust (1985–2025)
The table below shows the annual net assets of Federal Realty Investment Trust from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.50 Billion | +2.23% |
| 2024-12-31 | $3.42 Billion | +6.17% |
| 2023-12-31 | $3.23 Billion | +0.41% |
| 2022-12-31 | $3.21 Billion | +11.66% |
| 2021-12-31 | $2.88 Billion | +7.09% |
| 2020-12-31 | $2.69 Billion | -3.22% |
| 2019-12-31 | $2.78 Billion | +6.62% |
| 2018-12-31 | $2.60 Billion | +2.80% |
| 2017-12-31 | $2.53 Billion | +14.11% |
| 2016-12-31 | $2.22 Billion | +15.65% |
| 2015-12-31 | $1.92 Billion | +5.94% |
| 2014-12-31 | $1.81 Billion | +14.97% |
| 2013-12-31 | $1.58 Billion | +12.15% |
| 2012-12-31 | $1.41 Billion | +5.96% |
| 2011-12-31 | $1.33 Billion | +12.26% |
| 2010-12-31 | $1.18 Billion | -2.31% |
| 2009-12-31 | $1.21 Billion | +5.42% |
| 2008-12-31 | $1.15 Billion | +0.04% |
| 2007-12-31 | $1.15 Billion | +42.19% |
| 2006-12-31 | $806.27 Million | +1.54% |
| 2005-12-31 | $794.04 Million | -1.91% |
| 2004-12-31 | $809.49 Million | +12.28% |
| 2003-12-31 | $720.96 Million | +9.78% |
| 2002-12-31 | $656.71 Million | +6.64% |
| 2001-12-31 | $615.83 Million | +25.82% |
| 2000-12-31 | $489.45 Million | -6.43% |
| 1999-12-31 | $523.08 Million | -1.30% |
| 1998-12-31 | $529.95 Million | -4.31% |
| 1997-12-31 | $553.81 Million | +42.41% |
| 1996-12-31 | $388.88 Million | +18.76% |
| 1995-12-31 | $327.47 Million | -5.12% |
| 1994-12-31 | $345.15 Million | +21.45% |
| 1993-12-31 | $284.20 Million | +27.50% |
| 1992-12-31 | $222.90 Million | +47.23% |
| 1991-12-31 | $151.40 Million | +16.46% |
| 1990-12-31 | $130.00 Million | -12.10% |
| 1989-12-31 | $147.90 Million | +54.55% |
| 1988-12-31 | $95.70 Million | -4.59% |
| 1987-12-31 | $100.30 Million | +12.95% |
| 1986-12-31 | $88.80 Million | +22.65% |
| 1985-12-31 | $72.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Federal Realty Investment Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 122047200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $869.00K | 0.03% |
| Other Comprehensive Income | $2.05 Million | 0.06% |
| Other Components | $4.47 Billion | 137.60% |
| Total Equity | $3.25 Billion | 100.00% |
Federal Realty Investment Trust Competitors by Market Cap
The table below lists competitors of Federal Realty Investment Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tech Mahindra Limited
NSE:TECHM
|
$8.32 Billion |
|
Manhattan Associates Inc
NASDAQ:MANH
|
$8.32 Billion |
|
Inspur Electronic Info Industr
SHE:000977
|
$8.33 Billion |
|
Cipla Limited
NSE:CIPLA
|
$8.34 Billion |
|
Saia Inc
NASDAQ:SAIA
|
$8.31 Billion |
|
Popular Inc
NASDAQ:BPOP
|
$8.30 Billion |
|
Old National Bancorp
NASDAQ:ONB
|
$8.29 Billion |
|
Sysmex Corporation
PINK:SSMXF
|
$8.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Federal Realty Investment Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,171,594,000 to 3,248,731,000, a change of 77,137,000 (2.4%).
- Net income of 411,077,000 contributed positively to equity growth.
- Dividend payments of 388,058,000 reduced retained earnings.
- Share repurchases of 4,911,000 reduced equity.
- New share issuances of 54,466,000 increased equity.
- Other comprehensive income decreased equity by 2,693,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $411.08 Million | +12.65% |
| Dividends Paid | $388.06 Million | -11.94% |
| Share Repurchases | $4.91 Million | -0.15% |
| Share Issuances | $54.47 Million | +1.68% |
| Other Comprehensive Income | $-2.69 Million | -0.08% |
| Other Changes | $7.26 Million | +0.22% |
| Total Change | $- | 2.43% |
Book Value vs Market Value Analysis
This analysis compares Federal Realty Investment Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.82x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 16.72x to 2.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $6.39 | $106.82 | x |
| 1986-12-31 | $7.80 | $106.82 | x |
| 1987-12-31 | $7.86 | $106.82 | x |
| 1988-12-31 | $6.91 | $106.82 | x |
| 1989-12-31 | $9.98 | $106.82 | x |
| 1990-12-31 | $7.80 | $106.82 | x |
| 1991-12-31 | $8.84 | $106.82 | x |
| 1992-12-31 | $9.72 | $106.82 | x |
| 1993-12-31 | $11.62 | $106.82 | x |
| 1994-12-31 | $11.25 | $106.82 | x |
| 1995-12-31 | $10.28 | $106.82 | x |
| 1996-12-31 | $11.58 | $106.82 | x |
| 1997-12-31 | $14.16 | $106.82 | x |
| 1998-12-31 | $13.22 | $106.82 | x |
| 1999-12-31 | $12.87 | $106.82 | x |
| 2000-12-31 | $12.26 | $106.82 | x |
| 2001-12-31 | $14.63 | $106.82 | x |
| 2002-12-31 | $15.02 | $106.82 | x |
| 2003-12-31 | $14.22 | $106.82 | x |
| 2004-12-31 | $15.34 | $106.82 | x |
| 2005-12-31 | $14.61 | $106.82 | x |
| 2006-12-31 | $14.53 | $106.82 | x |
| 2007-12-31 | $19.71 | $106.82 | x |
| 2008-12-31 | $18.92 | $106.82 | x |
| 2009-12-31 | $19.68 | $106.82 | x |
| 2010-12-31 | $18.75 | $106.82 | x |
| 2011-12-31 | $19.43 | $106.82 | x |
| 2012-12-31 | $20.09 | $106.82 | x |
| 2013-12-31 | $22.12 | $106.82 | x |
| 2014-12-31 | $23.77 | $106.82 | x |
| 2015-12-31 | $24.12 | $106.82 | x |
| 2016-12-31 | $27.82 | $106.82 | x |
| 2017-12-31 | $31.38 | $106.82 | x |
| 2018-12-31 | $32.00 | $106.82 | x |
| 2019-12-31 | $33.91 | $106.82 | x |
| 2020-12-31 | $32.63 | $106.82 | x |
| 2021-12-31 | $33.35 | $106.82 | x |
| 2022-12-31 | $36.69 | $106.82 | x |
| 2023-12-31 | $36.45 | $106.82 | x |
| 2024-12-31 | $37.95 | $106.82 | x |
| 2025-12-31 | $37.84 | $106.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Federal Realty Investment Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.65%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.15%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.81x
- Recent ROE (12.65%) is above the historical average (9.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 11.74% | 24.85% | 0.17x | 2.76x | $1.26 Million |
| 1986 | 8.33% | 16.52% | 0.15x | 3.44x | $-1.48 Million |
| 1987 | 5.98% | 9.98% | 0.15x | 4.01x | $-4.03 Million |
| 1988 | 5.64% | 7.93% | 0.14x | 4.97x | $-4.17 Million |
| 1989 | 8.21% | 13.32% | 0.16x | 3.86x | $-2.61 Million |
| 1990 | 4.49% | 6.31% | 0.17x | 4.26x | $-7.13 Million |
| 1991 | 3.17% | 4.91% | 0.17x | 3.72x | $-10.35 Million |
| 1992 | 4.22% | 9.20% | 0.17x | 2.71x | $-12.89 Million |
| 1993 | 6.37% | 15.81% | 0.17x | 2.43x | $-10.32 Million |
| 1994 | 5.93% | 14.86% | 0.18x | 2.18x | $-14.05 Million |
| 1995 | 7.06% | 14.97% | 0.17x | 2.71x | $-9.64 Million |
| 1996 | 7.39% | 16.05% | 0.17x | 2.66x | $-10.15 Million |
| 1997 | 8.40% | 22.08% | 0.16x | 2.38x | $-8.88 Million |
| 1998 | 8.48% | 18.85% | 0.16x | 2.80x | $-8.03 Million |
| 1999 | 9.26% | 18.30% | 0.17x | 2.93x | $-3.86 Million |
| 2000 | 12.37% | 22.07% | 0.17x | 3.31x | $11.58 Million |
| 2001 | 11.67% | 25.32% | 0.15x | 3.12x | $9.83 Million |
| 2002 | 8.58% | 18.60% | 0.15x | 3.10x | $-9.14 Million |
| 2003 | 13.67% | 27.33% | 0.16x | 3.10x | $25.36 Million |
| 2004 | 10.65% | 21.84% | 0.17x | 2.87x | $5.10 Million |
| 2005 | 14.79% | 27.93% | 0.17x | 3.03x | $37.13 Million |
| 2006 | 15.14% | 26.32% | 0.17x | 3.43x | $40.30 Million |
| 2007 | 17.54% | 40.47% | 0.16x | 2.68x | $84.07 Million |
| 2008 | 11.64% | 24.95% | 0.17x | 2.77x | $18.33 Million |
| 2009 | 8.35% | 18.53% | 0.16x | 2.74x | $-19.43 Million |
| 2010 | 10.68% | 22.66% | 0.17x | 2.75x | $7.81 Million |
| 2011 | 11.83% | 26.11% | 0.15x | 3.01x | $22.31 Million |
| 2012 | 11.81% | 25.08% | 0.16x | 3.03x | $23.24 Million |
| 2013 | 11.23% | 25.52% | 0.15x | 2.91x | $17.86 Million |
| 2014 | 10.26% | 23.98% | 0.15x | 2.83x | $4.09 Million |
| 2015 | 12.64% | 28.25% | 0.15x | 2.95x | $43.84 Million |
| 2016 | 12.64% | 31.18% | 0.15x | 2.74x | $52.24 Million |
| 2017 | 12.79% | 33.82% | 0.14x | 2.77x | $63.24 Million |
| 2018 | 10.31% | 26.43% | 0.15x | 2.68x | $7.32 Million |
| 2019 | 13.96% | 37.81% | 0.14x | 2.68x | $100.33 Million |
| 2020 | 5.51% | 16.26% | 0.11x | 3.09x | $-110.53 Million |
| 2021 | 10.13% | 27.49% | 0.12x | 2.95x | $3.44 Million |
| 2022 | 13.05% | 35.88% | 0.13x | 2.79x | $90.09 Million |
| 2023 | 8.00% | 20.93% | 0.13x | 2.85x | $-59.37 Million |
| 2024 | 9.31% | 24.55% | 0.14x | 2.69x | $-21.95 Million |
| 2025 | 12.65% | 32.15% | 0.14x | 2.81x | $86.20 Million |
Industry Comparison
This section compares Federal Realty Investment Trust's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $22,048,860,627
- Average return on equity (ROE) among peers: 3.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Federal Realty Investment Trust (FRT) | $3.50 Billion | 11.74% | 1.61x | $8.32 Billion |
| Agree Realty Corporation (ADC) | $137.98 Million | 10.88% | 0.90x | $9.41 Billion |
| AEORF (AEORF) | $210.91 Billion | 5.61% | 0.83x | $1.34 Billion |
| Acadia Realty Trust (AKR) | $83.00 Million | 4.58% | 2.01x | $2.69 Billion |
| Alexander & Baldwin Holdings Inc (ALEX) | $1.07 Billion | 3.30% | 0.75x | $1.50 Billion |
| Alexanders Inc (ALX) | $50.92 Million | -34.84% | 17.09x | $515.62 Million |
| Saul Centers Inc (BFS) | $-4.60 Million | 0.00% | 0.00x | $453.57 Million |
| Brixmor Property (BRX) | $2.72 Billion | 9.94% | 2.08x | $8.61 Billion |
| CBL & Associates Properties Inc (CBL) | $1.08 Billion | 10.83% | 4.49x | $694.28 Million |
| Capital & Counties Properties PLC (CCPPF) | $2.51 Billion | 17.90% | 0.23x | $1.88 Billion |
| CapitaLand China Trust (CLDHF) | $1.93 Billion | 4.63% | 1.02x | $745.61 Million |