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FRT (Federal Realty Investment Trust) ROE % : 7.98% (As of Sep. 2024)


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What is Federal Realty Investment Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Federal Realty Investment Trust's annualized net income for the quarter that ended in Sep. 2024 was $244 Mil. Federal Realty Investment Trust's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $3,054 Mil. Therefore, Federal Realty Investment Trust's annualized ROE % for the quarter that ended in Sep. 2024 was 7.98%.

The historical rank and industry rank for Federal Realty Investment Trust's ROE % or its related term are showing as below:

FRT' s ROE % Range Over the Past 10 Years
Min: 5.27   Med: 11.82   Max: 14.5
Current: 9.88

During the past 13 years, Federal Realty Investment Trust's highest ROE % was 14.50%. The lowest was 5.27%. And the median was 11.82%.

FRT's ROE % is ranked better than
77.44% of 922 companies
in the REITs industry
Industry Median: 5 vs FRT: 9.88

Federal Realty Investment Trust ROE % Historical Data

The historical data trend for Federal Realty Investment Trust's ROE % can be seen below:

* 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.

* Premium members only.

Federal Realty Investment Trust ROE % Chart

Federal Realty Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.50 5.27 10.37 13.93 8.01

Federal Realty Investment Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.89 8.77 7.72 15.15 7.98

Competitive Comparison of Federal Realty Investment Trust's ROE %

For the REIT - Retail subindustry, Federal Realty Investment Trust's ROE %, along with its competitors' market caps and ROE % 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's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Federal Realty Investment Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Federal Realty Investment Trust's ROE % falls into.



Federal Realty Investment Trust ROE % Calculation

Federal Realty Investment Trust's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=236.985/( (2954.012+2963.509)/ 2 )
=236.985/2958.7605
=8.01 %

Federal Realty Investment Trust's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=243.812/( (2995.618+3111.467)/ 2 )
=243.812/3053.5425
=7.98 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Federal Realty Investment Trust  (NYSE:FRT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=243.812/3053.5425
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(243.812 / 1214.532)*(1214.532 / 8450.1925)*(8450.1925 / 3053.5425)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.07 %*0.1437*2.7673
=ROA %*Equity Multiplier
=2.88 %*2.7673
=7.98 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=243.812/3053.5425
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (243.812 / 253.844) * (253.844 / 423.328) * (423.328 / 1214.532) * (1214.532 / 8450.1925) * (8450.1925 / 3053.5425)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9605 * 0.5996 * 34.86 % * 0.1437 * 2.7673
=7.98 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Federal Realty Investment Trust ROE % Related Terms

Thank you for viewing the detailed overview of Federal Realty Investment Trust's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Federal Realty Investment Trust Business Description

Traded in Other Exchanges
Address
909 Rose Avenue, Suite 200, North Bethesda, MD, USA, 20852
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 102 properties, which includes 26.8 million square feet of retail space and over 3,100 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.
Executives
Jeffrey S Berkes officer: President and COO 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Donald C Wood director, officer: Chief Executive Officer 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Daniel Guglielmone officer: EVP-CFO and Treasurer 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Thomas Mceachin director 11621 RESEARCH CIRCLE, ALACHUA FL 32615
David W Faeder director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Dawn M Becker officer: EVP-General Counsel &Secretary 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Gail P Steinel director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Elizabeth I Holland director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Jon E Bortz director 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Mark S Ordan director 7315 WISCONSIN AVENUE, SUITE #250 WEST, BETHESDA MD 20814
Joseph Vassalluzzo director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Nicole Lamb-hale director 909 ROSE AVENUE, SUITE 200, NORTH BETHESDA MD 20852
Nader Anthony P Iii director 6862 ELM STREET, SUITE 320, MCLEAN VA 22101
Melissa Solis officer: VP-Chief Accounting Officer 1626 EAST JEFFERSON STREET, ROCKVILLE MD 20852
Kristin Gamble director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852