Federal Realty Investment Trust (FRT) — Free Cash Flow Yield

Real Estate

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. Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. This includes a portfolio of open-air shopping centers and mixed-use destinations—such as Santana Row, Pike & Rose, and Assembly Row, which together reflect the company's ability to create distinctive, high-performing environments that serve as vibrant destinations for their communities. Federal Realty's 103 properties include approximately 3,700 tenants in 28.8 million commercial square feet, and approximately 2,500 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 59 consecutive years, the longest record in the REIT industry. Federal Realty Investment Trust is based in North Bethesda, Maryland. Federal Realty Investment Trust was incorporated in 1962 in Maryland.

MetricValue
FCF Yield3.2%
Real Estate Sector Avg FCF Yield3.7%
Annual Free Cash Flow$331M
Market Cap$10.3B
P/E Ratio23.9x

Federal Realty Investment Trust's FCF yield of 3.2% is below the Real Estate sector average (3.7%).

Frequently Asked Questions

What is Federal Realty Investment Trust's (FRT) free cash flow yield?

Federal Realty Investment Trust's (FRT) free cash flow yield is 3.2%. That is below the Real Estate sector average (3.7%).

Is FRT's free cash flow yield good?

At 3.2%, FRT's free cash flow yield is considered weak — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.

How much free cash flow does Federal Realty Investment Trust generate?

Federal Realty Investment Trust generated $331M in free cash flow, against a market cap of $10.3B.

How is free cash flow yield calculated?

Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.

Data from public filings. Not investment advice. Calculate your own FCF yield →