Federal Realty Investment Trust (FRT) Operating Expenses (2009 - 2026)
Federal Realty Investment Trust (FRT) posted quarterly Operating Expenses of $217.7 million for Q2 2026, up 9.13% year-over-year from $199.5 million in Q2 2025, and down 1.24% on a QoQ basis from $220.4 million in Q4 2025.
Federal Realty Investment Trust (FRT) Operating Expenses (2009 - 2026) Analysis & Trends
Federal Realty Investment Trust has reported Operating Expenses for 18 years, with the latest figure at $217.7 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $217.7 million, up 9.13% year-over-year; the trailing twelve-month figure through Jun 2026 was $849.1 million (up 5.7% YoY), and the FY2025 annual result was $833.6 million, up 6.31% from the prior year.
- Operating Expenses retreated to $217.7 million in Q2 2026, from $220.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $220.4 million in Q4 2025 and troughed at $170.5 million in Q2 2022.
- A 5-year average of $193.1 million and a median of $191.2 million in 2023 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2022, when Operating Expenses gained 12.44%; it then gained 1.32% in 2023.
- A 5-year view of Operating Expenses shows it stood at $188.7 million in 2022, then rose by 1.32% to $191.2 million in 2023, then increased by 6.63% to $203.9 million in 2024, then gained by 8.1% to $220.4 million in 2025, then decreased by 1.24% to $217.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $217.7 million in Q2 2026, $220.4 million in Q4 2025, and $211.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 71.65 Bn | 71.65 Bn | 1.76 Bn | 900.79 Mn |
| 2 | Realty Income | 57.66 Bn | 57.66 Bn | - | 1.19 Bn |
| 3 | Kimco Realty | 16.13 Bn | 16.13 Bn | 455.67 Mn | 356.02 Mn |
| 4 | Federal Realty Investment Trust | 10.07 Bn | 10.07 Bn | 271.22 Mn | 217.66 Mn |
| 5 | Agree Realty | 8.83 Bn | 8.81 Bn | - | 112.31 Mn |
| 6 | Nnn Reit | 8.66 Bn | 8.66 Bn | - | 102.00 Mn |
| 7 | Macerich | 6.70 Bn | 6.70 Bn | 171.77 Mn | 277.43 Mn |
| 8 | Essential Properties Realty Trust | 6.52 Bn | 6.52 Bn | - | 62.12 Mn |
| 9 | Kite Realty Group Trust | 5.29 Bn | 5.29 Bn | - | 150.10 Mn |
| 10 | Phillips Edison & Company | 5.01 Bn | 5.01 Bn | - | 135.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 217.66 Mn |
| Dec 31, 2025 | 220.41 Mn |
| Sep 30, 2025 | 211.59 Mn |
| Jun 30, 2025 | 199.46 Mn |
| Mar 31, 2025 | 202.19 Mn |
| Dec 31, 2024 | 203.89 Mn |
| Sep 30, 2024 | 197.80 Mn |
| Jun 30, 2024 | 191.32 Mn |
| Mar 31, 2024 | 191.13 Mn |
| Dec 31, 2023 | 191.21 Mn |
| Sep 30, 2023 | 186.52 Mn |
| Jun 30, 2023 | 178.88 Mn |
| Mar 31, 2023 | 178.95 Mn |
| Dec 31, 2022 | 188.72 Mn |
| Sep 30, 2022 | 181.82 Mn |
| Jun 30, 2022 | 170.50 Mn |
| Mar 31, 2022 | 170.79 Mn |
| Dec 31, 2021 | 179.19 Mn |
| Sep 30, 2021 | 161.71 Mn |
| Jun 30, 2021 | 152.76 Mn |