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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Federal Realty Investment Trust's Debt-to-EBITDA or its related term are showing as below:
FRT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.53 Med: 5.4 Max: 8.41
Current: 4.53
During the past 13 years, the highest Debt-to-EBITDA Ratio of Federal Realty Investment Trust was 8.41. The lowest was 4.53. And the median was 5.40.
FRT's Debt-to-EBITDA is ranked better than 70.59% of 578
companies
in the REITs industry
Industry Median: 6.51
vs FRT: 4.53
Federal Realty Investment Trust (NYSE:FRT) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Federal Realty Investment Trust Debt-to-EBITDA Related Terms
Federal Realty Investment Trust Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Federal Realty Investment Trust Debt-to-EBITDA Chart
For the REIT - Retail subindustry, Federal Realty Investment Trust's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Federal Realty Investment Trust Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Federal Realty Investment Trust's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Federal Realty Investment Trust's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Federal Realty Investment Trust (FRT) has a Debt-to-EBITDA of 3.99 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Federal Realty Investment Trust. This is 26% below median its historical median of 5.40. Over the past decade, Federal Realty Investment Trust's Debt-to-EBITDA has ranged from 4.53 to 8.41. According to the industry distribution chart, Federal Realty Investment Trust ranks #170 out of 578 companies in the REITs industry, placing it in the top 29.4%.
Is Federal Realty Investment Trust's Debt-to-EBITDA too high?
Federal Realty Investment Trust's current Debt-to-EBITDA of 3.99 is 26% below median its 10-year median of 5.40. Over the past 10 years, this metric has ranged from a low of 4.53 to a high of 8.41. The REITs industry median Debt-to-EBITDA is 6.51. Federal Realty Investment Trust's value of 3.99 is 38.7% below this industry median. Based on the distribution chart, Federal Realty Investment Trust ranks #170 out of 578 companies in the REITs industry, which is above the industry midpoint. Overall, Federal Realty Investment Trust has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Federal Realty Investment Trust's Debt-to-EBITDA compare to BRX and ADC?
According to the REITs industry distribution chart, Federal Realty Investment Trust ranks #170 out of 578 companies for Debt-to-EBITDA. This puts Federal Realty Investment Trust in the upper half of its industry. The industry median Debt-to-EBITDA is 6.51. Federal Realty Investment Trust's value of 3.99 is 38.7% below this benchmark. Historically, Federal Realty Investment Trust's own Debt-to-EBITDA has ranged from 4.53 to 8.41 over the past decade. While the company's 10-year median is 5.40 vs. the industry median of 6.51, Federal Realty Investment Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.51, based on 578 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Federal Realty Investment Trust's current Debt-to-EBITDA of 3.99 is 38.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Federal Realty Investment Trust. For the REITs industry, the median Debt-to-EBITDA is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Realty Investment Trust's current Debt-to-EBITDA is 3.99, which is 26% below median its own 10-year median of 5.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Realty Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Federal Realty Investment Trust (FRT) is currently considered Modestly Overvalued. The stock's GF Value™ is $109.66, compared to a current price of $126.08 — trading 15% above its estimated fair value. The current Debt-to-EBITDA is 3.99, which is 26% below median its 10-year median of 5.40 and 38.7% below the REITs industry median of 6.51. Federal Realty Investment Trust's overall GF Score™ is 80/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Federal Realty Investment Trust (FRT), the current Debt-to-EBITDA is 3.99 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Federal Realty Investment Trust (FRT) Overvalued in 2026?
Based on GuruFocus' analysis, Federal Realty Investment Trust stock appears to be overvalued.
The current stock price of $126.08 is trading 15% above its estimated GF Value™ of $109.66.
GuruFocus considers Federal Realty Investment Trust to be Modestly Overvalued.
Key valuation signals for FRT:
Debt-to-EBITDA: 3.99 (26% below median its 10-year median of 5.40)
GF Value™: $109.66 vs. price of $126.08 (15% above fair value)
Industry Position: 38.7% below the REITs median (#170 of 578)
No single metric tells the full story. See the FRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Federal Realty Investment Trust Business Description
Federal Realty Investment Trust is a shopping center-focused retail real estate investment trust that owns high-quality properties in eight of the largest metropolitan markets. Its portfolio includes an interest in 104 properties, which includes 28.8 million square feet of retail space and 2,700 multifamily units. Federal's retail portfolio includes grocery-anchored centers, superregional centers, power centers, and mixed-use urban centers. Federal Realty has focused on owning assets in highly desirable areas with significant growth, and as a result, the average population density and average median household income are higher for its portfolio than for any other retail REIT.
80GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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