Federal Realty Investment
0IL1.L
$97.40 0.29%
Exchange: LSE | Sector: Real Estate | Industry: REIT Retail
Q4 2024
Published: Feb 13, 2025

Earnings Highlights

  • Revenue of $311.44M up 6.7% year-over-year
  • EPS of $0.75 decreased by 1.3% from previous year
  • Gross margin of 67.3%
  • Net income of 65.54M
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0IL1.L
Company 0IL1.L

Executive Summary

Federal Realty Investment Trust delivered a solid QQ4 2024 performance, underscored by revenue growth and continued profitability in a challenging retail environment. Revenue reached $311.4 million, up 6.7% year over year and 2.6% quarter over quarter, while gross profit of $209.5 million produced a gross margin of approximately 67.3%. Operating income was $109.3 million and net income stood at $65.5 million, translating to an EPS of $0.75 for the quarter. The company maintained EBITDA of $198.6 million with an EBITDAR of roughly 0.64, signaling robust cash flow generation relative to operating costs. Net cash provided by operating activities was $119.6 million, and free cash flow was $55.2 million, reflecting disciplined capital allocation and ongoing investment activity.

Key Performance Indicators

Revenue
Increasing
311.44M
QoQ: 2.57% | YoY: 6.73%
Gross Profit
Increasing
209.50M
67.27% margin
QoQ: 2.85% | YoY: 6.82%
Operating Income
Increasing
109.32M
QoQ: 3.29% | YoY: 0.50%
Net Income
Increasing
65.54M
QoQ: 7.52% | YoY: 2.24%
EPS
Decreasing
0.75
QoQ: 7.14% | YoY: -1.32%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 322.25 0.72 +6.1% View
Q2 2025 311.52 1.78 +5.2% View
Q1 2025 309.15 0.72 +6.1% View
Q4 2024 311.44 0.75 +6.7% View
Q3 2024 303.63 0.70 +5.9% View