Federal Realty Investment Trust (FRT) Revenue — Quarter Ended Dec 31, 2024
Revenue grew in the fourth quarter, reflecting continued positive momentum. The increase was seen both sequentially and compared to the same period a year earlier.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue grew in the fourth quarter, reflecting continued positive momentum. The increase was seen both sequentially and compared to the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$311.4M
Revenue reported for this quarter.
Quarter-over-quarter
+2.6%
Change from the immediately preceding quarter.
Year-over-year
+6.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $291.3M | +6.7% |
| Jun 30, 2024 | $296.1M | +5.5% |
| Sep 30, 2024 | $303.6M | +5.9% |
| Dec 31, 2024 | $311.4M | +6.7% |
Revenue performance
The company reported higher revenue for the quarter, contributing to a strong full-year performance.
Quarterly comparison
Sequentially, revenue improved from the third quarter. On an annual basis, it also rose compared to the fourth quarter of the previous year.
What to watch
The company's upcoming debt maturities and credit facility management will be key areas to monitor.