How Federal Realty Investment Trust makes money

Period

FY2025

How does Federal Realty Investment Trust make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Federal Realty Investment Trust · FY2025 · year ended 2025-12-31

Revenue$1.3BGross profit$1.3B · 100%Cost of revenue$0 · 0%Operating income$602M · 47%Operating expenses$677M · 53%SG&A$47M · 4%Selling & marketing$8M · 1%Other opex$622M · 49%Pre-tax income$411M · 32%Other expense$191M · 15%Net income$411M · 32%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.