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Federal Realty Investment Trust (FRT) Cash Flow Waterfall

Trace Federal Realty Investment Trust's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$629.24M

Capex

−$100.05M

Free Cash Flow

$529.19M

FCF Margin

+84.1%

Cash flow waterfall for Federal Realty Investment Trust (FRT) — TTM through Q1 2026

Free cash flow: $529.19M

Note: Other Investing is large — driven mainly by acquisitions and investment activity.

Cash flow breakdown for Federal Realty Investment Trust (FRT) — TTM through Q1 2026

  • Operating Cash Flow$629.24M
  • Capital Expenditure−$100.05M
  • Free Cash Flow$529.19M
  • Other Investing−$439.17M
  • Dividends Paid−$391.20M
  • Net Debt Change$221.20M
  • Other Financing & FX$83.21M
  • Net Cash Increase$3.22M
Want to see what drove the FCF change?Free Cash Flow Bridge

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