Operating Income for Federal Realty Investment Trust (FRT)
According to Federal Realty Investment Trust's latest reported financial statements, the company's current operating income (TTM) is $537.18M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$537.18M
YoY change
-2.7%
5Y CAGR
+9.7%
Peak year (2022)
$526.41M
Cumulative operating income
$8.61B
Operating Income history chart for Federal Realty Investment Trust (FRT) from 1985 to 2025
Operating Income history table for Federal Realty Investment Trust (FRT) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $459.51M | -2.7% | ||
| 2024 | $472.36M | +16.2% | ||
| 2023 | $406.47M | -22.8% | ||
| 2022 | $526.41M | +33.4% | ||
| 2021 | $394.73M | +36.3% | ||
| 2020 | $289.52M | -38.5% | ||
| 2019 | $470.91M | +30.2% | ||
| 2018 | $361.64M | -11.8% | ||
| 2017 | $410.21M | +27.8% | ||
| 2016 | $321.00M | +6.9% | ||
| 2015 | $300.15M | +10.7% | ||
| 2014 | $271.04M | +6.6% | ||
| 2013 | $254.16M | +0.1% | ||
| 2012 | $253.86M | +12.1% | ||
| 2011 | $226.46M | -1.2% | ||
| 2010 | $229.22M | +8.8% | ||
| 2009 | $210.58M | -3.1% | ||
| 2008 | $217.24M | +4.1% | ||
| 2007 | $208.65M | +4.8% | ||
| 2006 | $199.04M | +12.9% | ||
| 2005 | $176.31M | +15.7% | ||
| 2004 | $152.38M | +3.8% | ||
| 2003 | $146.83M | -997.5% | ||
| 2002 | -$16.36M | -112.2% | ||
| 2001 | $134.05M | -2205.8% | ||
| 2000 | -$6.37M | -105.3% | ||
| 1999 | $120.88M | +17.1% | ||
| 1998 | $103.21M | +16.3% | ||
| 1997 | $88.76M | +18.8% | ||
| 1996 | $74.70M | +19.3% | ||
| 1995 | $62.62M | +19.7% | ||
| 1994 | $52.32M | -70.4% | ||
| 1993 | $176.70M | +13.5% | ||
| 1992 | $155.70M | +11.2% | ||
| 1991 | $140.00M | +6.7% | ||
| 1990 | $131.20M | +5.7% | ||
| 1989 | $124.10M | +18.2% | ||
| 1988 | $105.00M | +16.0% | ||
| 1987 | $90.50M | +34.5% | ||
| 1986 | $67.30M | +30.4% | ||
| 1985 | $51.60M | — |
Operating Income values are taken from Federal Realty Investment Trust's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Federal Realty Investment Trust (FRT) operating income totalled $459.51M – edged down 2.7% year-over-year.
Federal Realty Investment Trust operating income has recorded the values shown across consecutive periods, with a +9.7% compound annual growth rate over 2020–2025 (5 years).
Federal Realty Investment Trust operating income declined from $526.41M in 2022 to $459.51M in 2025, a 12.7% drawdown.
2022 marks the peak operating income at $526.41M, with the historical low of -$16.36M recorded in 2002.
Within Real Estate, Federal Realty Investment Trust (FRT) ranks 8th among 8 peers we track. The peer median for operating income is $2.05B.
Federal Realty Investment Trust Operating Income by Year
Federal Realty Investment Trust Operating Income 2025: $459.51M
Federal Realty Investment Trust operating income in 2025 was $459.51M, edged down 2.7% below 2024.
Federal Realty Investment Trust Operating Income 2024: $472.36M
Federal Realty Investment Trust operating income in 2024 was $472.36M, grew 16.2% from 2023.
Federal Realty Investment Trust Operating Income 2023: $406.47M
Federal Realty Investment Trust operating income in 2023 was $406.47M, declined 22.8% below 2022.
Federal Realty Investment Trust Operating Income 2022: $526.41M
Federal Realty Investment Trust operating income in 2022 was $526.41M, surged 33.4% from 2021. This figure represents the highest annual value in the available history.
Federal Realty Investment Trust Operating Income 2021: $394.73M
Federal Realty Investment Trust operating income in 2021 was $394.73M.
See more financial history for Federal Realty Investment Trust (FRT).
Sector peers — Operating Income
Companies in the same sector as Federal Realty Investment Trust, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $4.88B | Real Estate |
| Prologis, Inc. (PLD) | $3.54B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.18B | Real Estate |
| Public Storage (PSA) | $2.25B | Real Estate |
| Equinix, Inc. (EQIX) | $1.85B | Real Estate |
| Realty Income Corporation (O) | $1.63B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $658.49M | Real Estate |
| Welltower Inc. (WELL) | $355.17M | Real Estate |
Frequently asked questions
What is Federal Realty Investment Trust's operating income?
- Latest reported operating income for Federal Realty Investment Trust (FRT) is $537.18M (period ending December 31, 2025).
How has Federal Realty Investment Trust operating income changed year-over-year?
- Federal Realty Investment Trust (FRT) operating income changed -2.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Federal Realty Investment Trust operating income?
- Federal Realty Investment Trust (FRT) operating income compound annual growth rate is +9.7% over the most recent 5 years available.
When did Federal Realty Investment Trust operating income hit its highest annual value?
- Federal Realty Investment Trust operating income reached its highest annual value of $526.41M in 2022.
What was Federal Realty Investment Trust operating income in 2024?
- Federal Realty Investment Trust (FRT) operating income in 2024 was $472.36M.
What was Federal Realty Investment Trust operating income in 2025?
- Federal Realty Investment Trust (FRT) operating income in 2025 was $459.51M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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