Federal Realty Investment Trust
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
30.9727.8627.4825.32
Price/Sales ratio
6.015.715.184.85
Earnings per Share (EPS)
$3.12$3.47$3.52$3.82

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
54.6047.8140.3033.0335.7539.081.84K79.5331.6735.3531.8539.08
Price/Sales ratio
13.0913.5012.5611.179.4410.287.6911.087.507.408.0010.28
Price/Book Value ratio
5.606.045.094.223.683.792.604.082.732.823.003.79
Price/Cash Flow ratio
25.9527.9324.0220.8516.7320.8317.3722.3615.6115.0716.4720.83
Price/Free Cash Flow ratio
-605.93130.02-558.76-160.2758.27185.05-48.69341.8680.6234.2430.47185.05
Price/Earnings Growth ratio
-26.971.862.602.52-2.11-128.97-18.730.020.36-2.892.23-2.11
Dividend Yield
2.39%2.42%2.65%2.95%3.48%3.25%5.04%3.18%4.30%4.28%2.94%3.25%
Profitability Indicator Ratios
Gross Profit Margin
69.11%68.62%68.36%68.18%68.55%68.07%65.27%66.71%66.79%67.92%60.21%68.07%
Operating Profit Margin
39.50%40.34%40.04%38.75%38.20%37.80%34.65%32.25%34.32%35.90%35.46%37.80%
Pretax Profit Margin
24.47%25.54%28.24%25.65%25.90%38.52%16.26%28.28%36.82%21.83%25.63%38.52%
Net Profit Margin
23.98%28.25%31.17%33.81%26.42%26.31%0.41%13.93%23.71%20.93%24.83%26.31%
Effective Tax Rate
1.99%-10.58%-10.37%-31.81%-2.02%31.69%97.43%50.73%35.61%N/A17.37%-2.02%
Return on Assets
3.61%4.27%4.60%4.61%3.84%3.62%0.04%1.73%3.09%2.80%3.46%3.62%
Return On Equity
10.25%12.63%12.64%12.79%10.31%9.71%0.14%5.13%8.62%7.99%9.80%9.80%
Return on Capital Employed
6.26%6.48%6.25%5.55%5.81%5.49%3.97%4.21%4.65%5.24%5.14%5.49%
Liquidity Ratios
Current Ratio
1.591.591.301.701.831.493.65N/AN/AN/A0.951.49
Quick Ratio
1.591.281.301.701.831.493.641.661.810.660.951.49
Cash ratio
0.210.070.080.050.230.352.390.460.270.360.290.23
Days of Sales Outstanding
76.7574.5766.77102.3068.8471.3787.2368.5170.3568.0066.5571.37
Days of Inventory outstanding
N/AN/AN/A-0.02N/A-0.155.92N/A-273.56N/AN/A-0.15
Operating Cycle
76.7574.5766.77102.2768.8471.2193.1568.51-203.2068.0066.5571.21
Days of Payables Outstanding
250.91229.13290.36262.75225.59312.15287.61271.10194.72172.11155.95312.15
Cash Conversion Cycle
-174.16-154.55-223.59-160.47-156.74-240.93-194.45-202.59-397.92-104.10-89.39-156.74
Debt Ratios
Debt Ratio
0.540.530.500.510.500.490.620.530.490.540.520.50
Debt Equity Ratio
1.551.561.371.431.341.321.911.561.371.551.431.34
Long-term Debt to Capitalization
0.590.600.570.580.570.560.630.610.570.570.580.57
Total Debt to Capitalization
0.600.610.570.580.570.560.650.610.570.600.580.57
Interest Coverage Ratio
2.883.243.373.313.173.231.82N/AN/AN/A2.393.23
Cash Flow to Debt Ratio
0.130.130.150.140.160.130.070.110.120.120.120.13
Company Equity Multiplier
2.832.952.742.762.682.683.082.952.782.842.722.68
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.500.480.520.530.560.490.440.490.480.490.480.49
Free Cash Flow / Operating Cash Flow Ratio
-0.040.21-0.04-0.130.280.11-0.350.060.190.440.540.28
Cash Flow Coverage Ratio
0.130.130.150.140.160.130.070.110.120.120.120.13
Short Term Coverage Ratio
2.256.72N/A11.19N/AN/A0.86N/AN/A0.92651.68N/A
Dividend Payout Ratio
130.80%115.74%107.11%97.61%124.50%127.36%9330.15%253.22%136.32%151.56%124.95%124.50%