vs

Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and HUTCHMED (China) Ltd (HCM). Click either name above to swap in a different company.

Federal Realty Investment Trust is the larger business by last-quarter revenue ($336.0M vs $270.8M, roughly 1.2× HUTCHMED (China) Ltd). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 0.7%, a 37.9% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs -16.5%).

Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

FRT vs HCM — Head-to-Head

Bigger by revenue
FRT
FRT
1.2× larger
FRT
$336.0M
$270.8M
HCM
Growing faster (revenue YoY)
FRT
FRT
+25.2% gap
FRT
8.7%
-16.5%
HCM
Higher net margin
FRT
FRT
37.9% more per $
FRT
38.6%
0.7%
HCM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FRT
FRT
HCM
HCM
Revenue
$336.0M
$270.8M
Net Profit
$129.7M
$2.0M
Gross Margin
37.7%
Operating Margin
53.8%
-13.2%
Net Margin
38.6%
0.7%
Revenue YoY
8.7%
-16.5%
Net Profit YoY
103.5%
-83.6%
EPS (diluted)
$1.49
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FRT
FRT
HCM
HCM
Q1 26
$336.0M
Q4 25
$336.0M
$270.8M
Q3 25
$322.3M
Q2 25
$311.5M
$277.7M
Q1 25
$309.2M
$324.5M
Q4 24
$311.4M
Q3 24
$303.6M
Q2 24
$296.1M
$305.7M
Net Profit
FRT
FRT
HCM
HCM
Q1 26
$129.7M
Q4 25
$129.7M
$2.0M
Q3 25
$61.6M
Q2 25
$155.9M
$455.0M
Q1 25
$63.8M
$11.9M
Q4 24
$65.5M
Q3 24
$61.0M
Q2 24
$112.0M
$25.8M
Gross Margin
FRT
FRT
HCM
HCM
Q1 26
Q4 25
37.7%
Q3 25
Q2 25
0.1%
Q1 25
48.0%
Q4 24
Q3 24
Q2 24
41.1%
Operating Margin
FRT
FRT
HCM
HCM
Q1 26
53.8%
Q4 25
53.8%
-13.2%
Q3 25
34.3%
Q2 25
65.1%
-1.3%
Q1 25
35.0%
-5.0%
Q4 24
35.1%
Q3 24
34.9%
Q2 24
53.0%
-9.0%
Net Margin
FRT
FRT
HCM
HCM
Q1 26
38.6%
Q4 25
38.6%
0.7%
Q3 25
19.1%
Q2 25
50.0%
163.8%
Q1 25
20.6%
3.7%
Q4 24
21.0%
Q3 24
20.1%
Q2 24
37.8%
8.4%
EPS (diluted)
FRT
FRT
HCM
HCM
Q1 26
$1.49
Q4 25
$1.49
$0.00
Q3 25
$0.69
Q2 25
$1.78
$0.52
Q1 25
$0.72
$0.01
Q4 24
$0.74
Q3 24
$0.70
Q2 24
$1.32
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FRT
FRT
HCM
HCM
Cash + ST InvestmentsLiquidity on hand
$107.4M
$1.4B
Total DebtLower is stronger
$5.0B
$93.2M
Stockholders' EquityBook value
$3.2B
$1.2B
Total Assets
$9.1B
$1.8B
Debt / EquityLower = less leverage
1.53×
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRT
FRT
HCM
HCM
Q1 26
$107.4M
Q4 25
$107.4M
$1.4B
Q3 25
$111.3M
Q2 25
$177.0M
$1.4B
Q1 25
$109.2M
$836.1M
Q4 24
$123.4M
Q3 24
$97.0M
Q2 24
$103.2M
$802.5M
Total Debt
FRT
FRT
HCM
HCM
Q1 26
$5.0B
Q4 25
$5.0B
$93.2M
Q3 25
Q2 25
$93.4M
Q1 25
$82.8M
Q4 24
$4.5B
Q3 24
Q2 24
$82.1M
Stockholders' Equity
FRT
FRT
HCM
HCM
Q1 26
$3.2B
Q4 25
$3.2B
$1.2B
Q3 25
$3.2B
Q2 25
$3.2B
$1.2B
Q1 25
$3.2B
$759.9M
Q4 24
$3.2B
Q3 24
$3.1B
Q2 24
$3.0B
$740.1M
Total Assets
FRT
FRT
HCM
HCM
Q1 26
$9.1B
Q4 25
$9.1B
$1.8B
Q3 25
$8.9B
Q2 25
$8.6B
$1.8B
Q1 25
$8.6B
$1.3B
Q4 24
$8.5B
Q3 24
$8.5B
Q2 24
$8.4B
$1.3B
Debt / Equity
FRT
FRT
HCM
HCM
Q1 26
1.53×
Q4 25
1.53×
0.08×
Q3 25
Q2 25
0.08×
Q1 25
0.11×
Q4 24
1.42×
Q3 24
Q2 24
0.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FRT
FRT
HCM
HCM
Operating Cash FlowLast quarter
$8.2M
Free Cash FlowOCF − Capex
$3.4M
FCF MarginFCF / Revenue
1.2%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
4.21×
TTM Free Cash FlowTrailing 4 quarters
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRT
FRT
HCM
HCM
Q1 26
Q4 25
$622.4M
$8.2M
Q3 25
$147.8M
Q2 25
$150.7M
$-72.9M
Q1 25
$179.0M
$40.3M
Q4 24
$574.6M
Q3 24
$144.1M
Q2 24
$169.7M
$-39.8M
Free Cash Flow
FRT
FRT
HCM
HCM
Q1 26
Q4 25
$3.4M
Q3 25
Q2 25
$-82.2M
Q1 25
$32.5M
Q4 24
Q3 24
Q2 24
$-49.9M
FCF Margin
FRT
FRT
HCM
HCM
Q1 26
Q4 25
1.2%
Q3 25
Q2 25
-29.6%
Q1 25
10.0%
Q4 24
Q3 24
Q2 24
-16.3%
Capex Intensity
FRT
FRT
HCM
HCM
Q1 26
Q4 25
1.8%
Q3 25
Q2 25
3.3%
Q1 25
2.4%
Q4 24
Q3 24
Q2 24
3.3%
Cash Conversion
FRT
FRT
HCM
HCM
Q1 26
Q4 25
4.80×
4.21×
Q3 25
2.40×
Q2 25
0.97×
-0.16×
Q1 25
2.81×
3.38×
Q4 24
8.77×
Q3 24
2.36×
Q2 24
1.52×
-1.54×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons