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Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and loanDepot, Inc. (LDI). 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 $310.3M, roughly 1.1× loanDepot, Inc.). Federal Realty Investment Trust runs the higher net margin — 38.6% vs -7.2%, a 45.9% gap on every dollar of revenue. On growth, loanDepot, Inc. posted the faster year-over-year revenue change (20.5% vs 8.7%). Over the past eight quarters, loanDepot, Inc.'s revenue compounded faster (18.0% CAGR vs 6.5%).
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.
LoanDepot, sometimes stylized as loanDepot, is an Irvine, California-based nonbank holding company which sells mortgage and non-mortgage lending products.
FRT vs LDI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $336.0M | $310.3M |
| Net Profit | $129.7M | $-22.5M |
| Gross Margin | — | — |
| Operating Margin | 53.8% | -10.3% |
| Net Margin | 38.6% | -7.2% |
| Revenue YoY | 8.7% | 20.5% |
| Net Profit YoY | 103.5% | 32.4% |
| EPS (diluted) | $1.49 | — |
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.
| Q1 26 | $336.0M | — | ||
| Q4 25 | $336.0M | $310.3M | ||
| Q3 25 | $322.3M | $323.3M | ||
| Q2 25 | $311.5M | $282.5M | ||
| Q1 25 | $309.2M | $273.6M | ||
| Q4 24 | $311.4M | $257.5M | ||
| Q3 24 | $303.6M | $314.6M | ||
| Q2 24 | $296.1M | $265.4M |
| Q1 26 | $129.7M | — | ||
| Q4 25 | $129.7M | $-22.5M | ||
| Q3 25 | $61.6M | $-4.9M | ||
| Q2 25 | $155.9M | $-13.4M | ||
| Q1 25 | $63.8M | $-21.9M | ||
| Q4 24 | $65.5M | $-33.2M | ||
| Q3 24 | $61.0M | $1.4M | ||
| Q2 24 | $112.0M | $-32.2M |
| Q1 26 | 53.8% | — | ||
| Q4 25 | 53.8% | -10.3% | ||
| Q3 25 | 34.3% | -3.2% | ||
| Q2 25 | 65.1% | -11.4% | ||
| Q1 25 | 35.0% | -16.8% | ||
| Q4 24 | 35.1% | -32.7% | ||
| Q3 24 | 34.9% | 1.1% | ||
| Q2 24 | 53.0% | -29.1% |
| Q1 26 | 38.6% | — | ||
| Q4 25 | 38.6% | -7.2% | ||
| Q3 25 | 19.1% | -1.5% | ||
| Q2 25 | 50.0% | -4.7% | ||
| Q1 25 | 20.6% | -8.0% | ||
| Q4 24 | 21.0% | -12.9% | ||
| Q3 24 | 20.1% | 0.4% | ||
| Q2 24 | 37.8% | -12.1% |
| Q1 26 | $1.49 | — | ||
| Q4 25 | $1.49 | — | ||
| Q3 25 | $0.69 | — | ||
| Q2 25 | $1.78 | — | ||
| Q1 25 | $0.72 | — | ||
| Q4 24 | $0.74 | — | ||
| Q3 24 | $0.70 | $0.01 | ||
| Q2 24 | $1.32 | $-0.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $107.4M | $337.2M |
| Total DebtLower is stronger | $5.0B | $2.1B |
| Stockholders' EquityBook value | $3.2B | $386.0M |
| Total Assets | $9.1B | $6.9B |
| Debt / EquityLower = less leverage | 1.53× | 5.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $107.4M | — | ||
| Q4 25 | $107.4M | $337.2M | ||
| Q3 25 | $111.3M | $459.2M | ||
| Q2 25 | $177.0M | $408.6M | ||
| Q1 25 | $109.2M | $371.5M | ||
| Q4 24 | $123.4M | $421.6M | ||
| Q3 24 | $97.0M | $483.0M | ||
| Q2 24 | $103.2M | $533.2M |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $2.1B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | $4.5B | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $386.0M | ||
| Q3 25 | $3.2B | $433.3M | ||
| Q2 25 | $3.2B | $439.1M | ||
| Q1 25 | $3.2B | $469.3M | ||
| Q4 24 | $3.2B | $506.6M | ||
| Q3 24 | $3.1B | $592.0M | ||
| Q2 24 | $3.0B | $578.9M |
| Q1 26 | $9.1B | — | ||
| Q4 25 | $9.1B | $6.9B | ||
| Q3 25 | $8.9B | $6.2B | ||
| Q2 25 | $8.6B | $6.2B | ||
| Q1 25 | $8.6B | $6.4B | ||
| Q4 24 | $8.5B | $6.3B | ||
| Q3 24 | $8.5B | $6.4B | ||
| Q2 24 | $8.4B | $5.9B |
| Q1 26 | 1.53× | — | ||
| Q4 25 | 1.53× | 5.44× | ||
| Q3 25 | — | 4.83× | ||
| Q2 25 | — | 4.70× | ||
| Q1 25 | — | 4.30× | ||
| Q4 24 | 1.42× | 4.00× | ||
| Q3 24 | — | 3.31× | ||
| Q2 24 | — | 3.41× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-638.7M |
| Free Cash FlowOCF − Capex | — | $-648.0M |
| FCF MarginFCF / Revenue | — | -208.9% |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-734.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $622.4M | $-638.7M | ||
| Q3 25 | $147.8M | $43.4M | ||
| Q2 25 | $150.7M | $67.6M | ||
| Q1 25 | $179.0M | $-179.9M | ||
| Q4 24 | $574.6M | $47.7M | ||
| Q3 24 | $144.1M | $-349.2M | ||
| Q2 24 | $169.7M | $-278.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-648.0M | ||
| Q3 25 | — | $38.7M | ||
| Q2 25 | — | $61.4M | ||
| Q1 25 | — | $-186.7M | ||
| Q4 24 | — | $40.8M | ||
| Q3 24 | — | $-356.4M | ||
| Q2 24 | — | $-285.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | -208.9% | ||
| Q3 25 | — | 12.0% | ||
| Q2 25 | — | 21.7% | ||
| Q1 25 | — | -68.2% | ||
| Q4 24 | — | 15.8% | ||
| Q3 24 | — | -113.3% | ||
| Q2 24 | — | -107.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 2.3% | ||
| Q2 24 | — | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | 4.80× | — | ||
| Q3 25 | 2.40× | — | ||
| Q2 25 | 0.97× | — | ||
| Q1 25 | 2.81× | — | ||
| Q4 24 | 8.77× | — | ||
| Q3 24 | 2.36× | -255.05× | ||
| Q2 24 | 1.52× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
