FRTFederal Realty Investment Trust
Federal Realty Investment Trust (the "Parent Company" or the "Trust") is an equity real estate investment trust ("REIT"). 10-K, Item 1
- Headquarters
- North Bethesda, MD
- CEO
- Donald C. Wood
- Next results
- around Feb 11, 2027
Dilution: new shares, stock pay and buybacks
prospectuses (S-3, 424B) of the last three years and the 10-K cash flow From EDGARShares offered
Since Nov 11, 2023: 2 at-the-market programs, 3 registrations of shares for a merger, units or notes, 2 shelf registrations. Latest at-the-market program for common stock: Feb 14, 2025, up to $500.0M.
- Nov 2, 2026 Up to 3.9M shares for a merger, units or notes 424B7
- Feb 14, 2025 At-the-market program: up to $500M of common stock 424B5
- Mar 8, 2024 At-the-market program: up to $500M of common stock 424B5
- Mar 8, 2024 Up to 4.7M shares for a merger, units or notes 424B7
- Mar 8, 2024 Up to 729,246 shares for a merger, units or notes 424B7
- Mar 8, 2024 Shelf registration: shares and other securities, amount not fixed S-3ASR
Every offering filing →“Under certain circumstances, the Company may issue its common shares of beneficial interest, par value $.01 per share (“common shares”), upon exchange of the notes.”
424B7, Nov 2, 2026 ↗
Bought back
-
no buyback line in the 10-K XBRL, year to Dec 31, 2025
Diluted shares: 86.41M in the year to Dec 31, 2025 2025 +3.4%2024 +2.8%2023 +1.0%2022 +4.1%
Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. Cash & buybacks, year by year → · How
FY2024, from the cash flow statement in the 10-K, added up.
Came from
| Operating cash flow | $622.4M |
| Shares sold | $54.5M |
| Cash on hand used | $17.7M |
Went to
| Other, net investments bought and sold, other financing and investing lines, and exchange rates |
$694.6M |
Each number is a line of the cash flow statement as the company tagged it. "Other, net" is what those lines do not cover (investments bought and sold, other financing and investing lines, and exchange rates); Tickdelta does not estimate it.
Each CEO's years
The CEO of each fiscal year as named in the proxy's pay versus performance table, and what the 10-Ks show for those years. Facts, not a grade.
Mr. Wood
- Operating cash flow
- $622.4M
- Stock-based pay
- $14.6M
- Diluted shares since FY2024
- +3.4%
- Revenue since FY2024
- +6%
- Debt since FY2024
- +$466.9M
- CEO pay (reported)
- $9.9M
| Fiscal year to | Buybacks | Dividends | Stock pay | Shares issued for cash | Diluted shares |
|---|---|---|---|---|---|
| 2025-12-31 | - | - | $14.6M | $54.5M | 86.41M |
| 2024-12-31 | - | - | $16.4M | $304.0M | 83.57M |
| 2023-12-31 | - | - | $14.3M | $131.9M | 81.31M |
| 2022-12-31 | - | - | $13.7M | $307.3M | 80.51M |
| 2021-12-31 | - | - | $13.0M | $173.0M | 77.37M |
From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: sbc = ShareBasedCompensation; issuance = ProceedsFromIssuanceOfCommonStock; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.
Work on FRT in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/FRT/export.csv") into a cell.