TTM
41.6%
YoY change
−3.35pp
Trough year (2002)
-5.5%
Peak year (1993)
154.3%
Latest annual
35.9%
Operating Margin history chart for Federal Realty Investment Trust (FRT) from 1985 to 2025
Latest: 35.9%
Operating Margin change chart for Federal Realty Investment Trust (FRT) from 1985 to 2025
Latest: −3.35pp
Operating Margin history table for Federal Realty Investment Trust (FRT) from 1985 to 2025
| 2025 | 35.9% | -3.35pp | ||
| 2024 | 39.3% | +3.38pp | ||
| 2023 | 35.9% | -13.09pp | ||
| 2022 | 49.0% | +7.50pp | ||
| 2021 | 41.5% | +6.84pp | ||
| 2020 | 34.7% | -15.67pp | ||
| 2019 | 50.3% | +10.82pp | ||
| 2018 | 39.5% | -8.34pp | ||
| 2017 | 47.8% | +7.80pp | ||
| 2016 | 40.0% | -0.30pp | ||
| 2015 | 40.3% | +0.84pp | ||
| 2014 | 39.5% | -0.37pp | ||
| 2013 | 39.9% | -2.03pp | ||
| 2012 | 41.9% | +0.81pp | ||
| 2011 | 41.1% | -1.21pp | ||
| 2010 | 42.3% | +2.61pp | ||
| 2009 | 39.7% | -2.07pp | ||
| 2008 | 41.8% | -1.43pp | ||
| 2007 | 43.2% | -0.94pp | ||
| 2006 | 44.1% | +1.16pp | ||
| 2005 | 43.0% | +3.43pp | ||
| 2004 | 39.5% | -2.93pp | ||
| 2003 | 42.5% | +47.97pp | ||
| 2002 | -5.5% | -54.87pp | ||
| 2001 | 49.4% | +51.69pp | ||
| 2000 | -2.3% | -47.99pp | ||
| 1999 | 45.7% | +2.39pp | ||
| 1998 | 43.3% | +1.13pp | ||
| 1997 | 42.1% | +0.43pp | ||
| 1996 | 41.7% | +1.16pp | ||
| 1995 | 40.6% | +2.58pp | ||
| 1994 | 38.0% | -116.35pp | ||
| 1993 | 154.3% | +1.97pp | ||
| 1992 | 152.3% | +9.05pp | ||
| 1991 | 143.3% | +0.53pp | ||
| 1990 | 142.8% | +5.03pp | ||
| 1989 | 137.7% | -16.45pp | ||
| 1988 | 154.2% | +3.60pp | ||
| 1987 | 150.6% | +0.36pp | ||
| 1986 | 150.2% | -0.65pp | ||
| 1985 | 150.9% | — |
- 202535.9%-3.35pp
- 202439.3%+3.38pp
- 202335.9%-13.09pp
- 202249.0%+7.50pp
- 202141.5%+6.84pp
- 202034.7%-15.67pp
- 201950.3%+10.82pp
- 201839.5%-8.34pp
- 201747.8%+7.80pp
- 201640.0%-0.30pp
- 201540.3%+0.84pp
- 201439.5%-0.37pp
- 201339.9%-2.03pp
- 201241.9%+0.81pp
- 201141.1%-1.21pp
- 201042.3%+2.61pp
- 200939.7%-2.07pp
- 200841.8%-1.43pp
- 200743.2%-0.94pp
- 200644.1%+1.16pp
- 200543.0%+3.43pp
- 200439.5%-2.93pp
- 200342.5%+47.97pp
- 2002-5.5%-54.87pp
- 200149.4%+51.69pp
- 2000-2.3%-47.99pp
- 199945.7%+2.39pp
- 199843.3%+1.13pp
- 199742.1%+0.43pp
- 199641.7%+1.16pp
- 199540.6%+2.58pp
- 199438.0%-116.35pp
- 1993154.3%+1.97pp
- 1992152.3%+9.05pp
- 1991143.3%+0.53pp
- 1990142.8%+5.03pp
- 1989137.7%-16.45pp
- 1988154.2%+3.60pp
- 1987150.6%+0.36pp
- 1986150.2%-0.65pp
- 1985150.9%—
Operating Margin values are taken from Federal Realty Investment Trust's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Federal Realty Investment Trust (FRT)
According to Federal Realty Investment Trust's latest reported financial statements, the company's latest reported operating margin is 41.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Federal Realty Investment Trust (FRT) reported operating margin of 35.93% – contracted 3.3 percentage points year-over-year.
Across the available history, operating margin reached its high of 154.32% in 1993 and its low of -5.50% in 2002.
Federal Realty Investment Trust Operating Margin by Year
Federal Realty Investment Trust Operating Margin 2025: 35.9%
Federal Realty Investment Trust operating margin in 2025 was 35.93%, contracted 3.3 percentage points from 2024.
Federal Realty Investment Trust Operating Margin 2024: 39.3%
2024's operating margin for Federal Realty Investment Trust came in at 39.28%, expanded 3.4 percentage points from 2023.
Federal Realty Investment Trust Operating Margin 2023: 35.9%
Federal Realty Investment Trust posted operating margin of 35.90% in 2023, contracted 13.1 percentage points from 2022.
Federal Realty Investment Trust Operating Margin 2022: 49.0%
In 2022, Federal Realty Investment Trust reported operating margin of 49.00%, expanded 7.5 percentage points from 2021.
Federal Realty Investment Trust Operating Margin 2021: 41.5%
Federal Realty Investment Trust operating margin in 2021 was 41.50%.
See more financial history for Federal Realty Investment Trust (FRT).
Sector peers by Operating Margin
Real Estate peers of Federal Realty Investment Trust (FRT), ranked by their latest operating margin
| 50.8% | |
| 48.3% | |
| 44.2% | |
| 38.9% | |
| 29.3% | |
| 20.8% | |
| 14.6% | |
| 4.6% |
- 50.8%
- 44.2%
- 38.9%
- 29.3%
- 20.8%
- 4.6%
Frequently asked questions
Federal Realty Investment Trust (FRT) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation