← FEDERAL REALTY INVESTMENT TRUST
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $395.7m | $247.2m | $304.3m | $423.6m | |
| Net Income (Loss) Attributable to Parent | $249.9m | $289.9m | $241.9m | $353.9m | $131.7m | $261.5m | $385.5m | $237.0m | $295.2m | $411.1m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $249.4m | $287.5m | $233.9m | $345.8m | $123.7m | $253.5m | $377.5m | $229.0m | $287.2m | $403.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $258.9m | $297.9m | $249.0m | $360.5m | $135.9m | $269.1m | $395.7m | $247.2m | $304.3m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $218.8m | $212.3m | $230.0m | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $226.4m | $219.9m | $237.1m | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $9.0m | $8.0m | $7.1m | $6.7m | $4.2m | $7.6m | $10.2m | $10.2m | $9.1m | $12.6m | |
| Depreciation and amortization | $193.6m | $216.1m | $244.2m | $239.8m | $255.0m | $280.0m | $302.4m | $321.8m | $342.6m | $367.8m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $302.4m | $321.8m | $342.6m | $367.8m | |
| Deferred Income Tax | — | — | — | — | — | — | — | $0 | $0 | ($14.2m) | |
| Deferred Tax | — | — | — | — | — | — | — | $0 | $0 | ($14.2m) | |
| Share-based Payment Arrangement, Noncash Expense | $9.9m | $11.0m | $11.7m | $12.3m | $11.9m | $13.0m | $13.7m | $14.3m | $16.4m | — | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $4.2m | $958k | $4.6m | $4.1m | $3.0m | $4.9m | $5.0m | $6.7m | — | |
| Share-based Payment Arrangement, Expense | $11.2m | $12.4m | $12.7m | $13.3m | $13.2m | $14.4m | $15.0m | $15.4m | $17.4m | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $0 | $0 | $7.4m | |
| Income (Loss) from Equity Method Investments | $50k | ($417k) | ($3.4m) | ($2.0m) | ($8.1m) | $1.2m | $5.2m | $3.9m | $3.2m | $1.9m | |
| Gain (Loss) on Extinguishment of Debt | $0 | ($12.3m) | $0 | $0 | ($11.2m) | $0 | $0 | — | — | — | |
| Operating Lease, Lease Income | — | — | — | — | — | $948.8m | $1.1b | $1.1b | $1.2b | $1.2b | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($5.2m) | ($3.9m) | ($3.2m) | ($1.9m) | |
| Additional Financial Items | |||||||||||
| Gain (Loss) on Sale of Properties | — | — | — | — | $98.1m | $90.0m | — | — | — | — | |
| General and Administrative Expense | $33.4m | $36.3m | $33.6m | $42.8m | $41.7m | $49.9m | $52.6m | $50.7m | $49.7m | $46.9m | |
| Operating Expenses | $480.6m | $525.1m | $565.7m | $581.3m | $586.9m | $646.4m | $711.8m | $735.6m | $784.1m | $833.6m | |
| Proceeds from Stock Options Exercised | — | $10.0m | $4.6m | — | — | — | — | — | — | — | |
| Real Estate Tax Expense | $95.3m | $107.8m | $114.8m | $110.9m | $119.2m | $118.5m | $127.8m | $131.4m | $142.2m | $151.4m | |
| Beginning Cash Position | — | — | — | — | — | — | $175.2m | $96.3m | $260.0m | $135.4m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $190.4m | ($33.8m) | ($252.3m) | $103.0m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($786.0m) | ($358.3m) | ($446.8m) | ($743.1m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $10.4m | $235k | $1.7m | $2.9m | |
| Change In Other Working Capital | — | — | — | — | — | $10.7m | $10.4m | — | — | — | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $77k | $6.0m | $1.6m | $5.6m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($1.2m) | ($6.9m) | ($5.0m) | ($4.8m) | |
| Change In Receivables | — | — | — | — | — | — | ($12.1m) | $3.5m | ($796k) | $2.4m | |
| Change In Working Capital | — | — | — | — | — | — | ($2.8m) | $2.8m | ($2.5m) | $6.2m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($12.1m) | $3.5m | ($796k) | $2.4m | |
| Changes In Cash | — | — | — | — | — | — | ($78.8m) | $163.7m | ($124.6m) | ($17.7m) | |
| End Cash Position | — | — | — | — | — | — | $96.3m | $260.0m | $135.4m | $117.7m | |
| Financing Cash Flow | — | — | — | — | — | — | $190.4m | ($33.8m) | ($252.3m) | $103.0m | |
| Free Cash Flow | — | — | — | — | — | — | $100.1m | $244.7m | $327.8m | $331.0m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($93.5m) | ($9.9m) | ($54.0m) | ($150.1m) | |
| Gain Loss On Sale Of Business | — | — | — | — | — | $0 | ($70.4m) | $0 | $0 | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($786.0m) | ($358.3m) | ($446.8m) | ($743.1m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $307.3m | $131.9m | $304.0m | $54.5m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($27.3m) | $0 | $0 | ($698k) | |
| Operating Gains Losses | — | — | — | — | — | — | ($169.0m) | ($13.8m) | ($57.2m) | ($152.0m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($23.1m) | ($16.5m) | ($29.0m) | ($31.1m) | |
| Purchase Of Business | — | — | — | — | — | — | ($27.3m) | $0 | $0 | ($698k) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($4.9m) | ($5.0m) | ($6.7m) | ($4.9m) | |
| Stock Based Compensation | — | — | — | — | — | — | $13.7m | $14.3m | $16.4m | $14.6m | |
| Net Cash Provided by (Used in) Operating Activities | $419.3m | $459.2m | $516.7m | $461.9m | $369.9m | $471.4m | $516.8m | $555.8m | $574.6m | $622.4m | |
| Cash flows from investing activities: | |||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($416.7m) | ($311.1m) | ($246.8m) | ($291.3m) | |
| Capital Expenditure Reported | — | — | — | — | — | — | ($416.7m) | ($311.1m) | ($246.8m) | ($291.3m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($304.8m) | ($32.2m) | ($174.0m) | ($429.6m) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($438.5m) | ($60.6m) | ($273.9m) | ($735.3m) | |
| Sale Of Investment Properties | — | — | — | — | — | — | $133.7m | $28.5m | $99.9m | $305.6m | |
| Net Other Investing Changes | — | — | — | — | — | — | ($44.0m) | ($24.9m) | ($30.8m) | ($25.5m) | |
| Net Cash Provided by (Used in) Investing Activities | ($590.2m) | ($836.8m) | ($192.2m) | ($316.5m) | ($368.4m) | ($660.1m) | ($786.0m) | ($358.3m) | ($446.8m) | ($743.1m) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $298.6m | $544.9m | $471.5m | $467.7m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $298.6m | $544.9m | $471.5m | $467.7m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $279.1m | $211.5m | ($132.9m) | $460.0m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $279.1m | $211.5m | ($132.9m) | $460.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($19.4m) | ($333.5m) | ($604.4m) | ($7.7m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($19.4m) | ($333.5m) | ($604.4m) | ($7.7m) | |
| Proceeds from Issuance of Common Stock | $329.1m | $118.6m | $130.9m | $143.0m | $99.2m | $173.0m | $307.3m | $131.9m | $304.0m | — | |
| Common Stock Issuance | — | — | — | — | — | — | $307.3m | $131.9m | $304.0m | $54.5m | |
| Net Common Stock Issuance | — | — | — | — | — | — | $302.4m | $126.9m | $297.3m | $49.6m | |
| Common Stock Payments | — | — | — | — | — | — | ($4.9m) | ($5.0m) | ($6.7m) | ($4.9m) | |
| Proceeds from Noncontrolling Interests | — | — | $2.8m | $404k | $0 | $133k | $0 | $1.1m | $725k | — | |
| Dividends Payable | $71 | $76 | $78 | $82 | $84 | $87 | $90 | $93 | $97 | $100 | |
| Cash Dividends Paid | — | — | — | — | — | — | ($347.3m) | ($359.2m) | ($371.6m) | ($388.1m) | |
| Dividends Received CFI | — | — | — | — | — | — | $6.9m | $9.9m | $4.7m | $4.1m | |
| Net Other Financing Charges | — | — | — | — | — | — | ($43.8m) | ($13.0m) | ($45.2m) | ($18.5m) | |
| Net Cash Provided by (Used in) Financing Activities | $173.3m | $369.4m | ($241.3m) | ($100.1m) | $661.7m | ($453.0m) | $190.4m | ($33.8m) | ($252.3m) | $103.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $6.3m | ($9.6m) | $83.1m | $45.3m | $663.3m | ($641.7m) | ($78.8m) | $163.7m | ($124.6m) | ($17.7m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $6.3m | ($9.6m) | $108.3m | $153.6m | $816.9m | $175.2m | $96.3m | $260.0m | $135.4m | ($17.7m) | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($78.8m) | $163.7m | ($124.6m) | ($17.7m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $90.2m | $105.2m | $107.5m | $106.2m | $130.2m | $123.6m | $130.9m | $158.8m | $169.3m | $171.9m | |
| Income Taxes Paid, Net | $296k | $352k | $675k | $483k | $580k | $386k | $624k | $284k | $177k | $369k |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.