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Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and MASIMO CORP (MASI). Click either name above to swap in a different company.
MASIMO CORP is the larger business by last-quarter revenue ($371.5M vs $336.0M, roughly 1.1× Federal Realty Investment Trust). Federal Realty Investment Trust runs the higher net margin — 38.6% vs -27.0%, a 65.6% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs -26.4%). Over the past eight quarters, Federal Realty Investment Trust's revenue compounded faster (6.5% CAGR vs -17.7%).
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.
Masimo Corporation is an American health technology and consumer electronics company headquartered in Irvine, California. The company develops patient monitoring devices, non-invasive sensors, and related software platforms used in hospital and home settings. Masimo has also operated in the consumer audio and wearable device markets.
FRT vs MASI — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $336.0M | $371.5M |
| Net Profit | $129.7M | $-100.4M |
| Gross Margin | — | 62.1% |
| Operating Margin | 53.8% | 22.5% |
| Net Margin | 38.6% | -27.0% |
| Revenue YoY | 8.7% | -26.4% |
| Net Profit YoY | 103.5% | -1124.5% |
| EPS (diluted) | $1.49 | $-1.84 |
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 | — | ||
| Q3 25 | $322.3M | $371.5M | ||
| Q2 25 | $311.5M | $370.9M | ||
| Q1 25 | $309.2M | $372.0M | ||
| Q4 24 | $311.4M | $600.7M | ||
| Q3 24 | $303.6M | $504.6M | ||
| Q2 24 | $296.1M | $496.3M |
| Q1 26 | $129.7M | — | ||
| Q4 25 | $129.7M | — | ||
| Q3 25 | $61.6M | $-100.4M | ||
| Q2 25 | $155.9M | $51.3M | ||
| Q1 25 | $63.8M | $-170.7M | ||
| Q4 24 | $65.5M | $-349.6M | ||
| Q3 24 | $61.0M | $9.8M | ||
| Q2 24 | $112.0M | $16.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 62.1% | ||
| Q2 25 | — | 62.9% | ||
| Q1 25 | — | 62.9% | ||
| Q4 24 | — | 40.7% | ||
| Q3 24 | — | 52.2% | ||
| Q2 24 | — | 51.3% |
| Q1 26 | 53.8% | — | ||
| Q4 25 | 53.8% | — | ||
| Q3 25 | 34.3% | 22.5% | ||
| Q2 25 | 65.1% | 17.4% | ||
| Q1 25 | 35.0% | 21.0% | ||
| Q4 24 | 35.1% | -59.8% | ||
| Q3 24 | 34.9% | 6.0% | ||
| Q2 24 | 53.0% | 5.7% |
| Q1 26 | 38.6% | — | ||
| Q4 25 | 38.6% | — | ||
| Q3 25 | 19.1% | -27.0% | ||
| Q2 25 | 50.0% | 13.8% | ||
| Q1 25 | 20.6% | -45.9% | ||
| Q4 24 | 21.0% | -58.2% | ||
| Q3 24 | 20.1% | 1.9% | ||
| Q2 24 | 37.8% | 3.2% |
| Q1 26 | $1.49 | — | ||
| Q4 25 | $1.49 | — | ||
| Q3 25 | $0.69 | $-1.84 | ||
| Q2 25 | $1.78 | $0.94 | ||
| Q1 25 | $0.72 | $-3.12 | ||
| Q4 24 | $0.74 | $-6.54 | ||
| Q3 24 | $0.70 | $0.18 | ||
| Q2 24 | $1.32 | $0.29 |
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 | $312.3M |
| Total DebtLower is stronger | $5.0B | $559.1M |
| Stockholders' EquityBook value | $3.2B | $810.0M |
| Total Assets | $9.1B | $1.8B |
| Debt / EquityLower = less leverage | 1.53× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $107.4M | — | ||
| Q4 25 | $107.4M | — | ||
| Q3 25 | $111.3M | $312.3M | ||
| Q2 25 | $177.0M | $149.6M | ||
| Q1 25 | $109.2M | $130.8M | ||
| Q4 24 | $123.4M | $177.6M | ||
| Q3 24 | $97.0M | $158.5M | ||
| Q2 24 | $103.2M | $129.6M |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | — | ||
| Q3 25 | — | $559.1M | ||
| Q2 25 | — | $613.7M | ||
| Q1 25 | — | $651.0M | ||
| Q4 24 | $4.5B | $765.2M | ||
| Q3 24 | — | $772.6M | ||
| Q2 24 | — | $781.6M |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.2B | $810.0M | ||
| Q2 25 | $3.2B | $1.0B | ||
| Q1 25 | $3.2B | $946.4M | ||
| Q4 24 | $3.2B | $1.1B | ||
| Q3 24 | $3.1B | $1.5B | ||
| Q2 24 | $3.0B | $1.4B |
| Q1 26 | $9.1B | — | ||
| Q4 25 | $9.1B | — | ||
| Q3 25 | $8.9B | $1.8B | ||
| Q2 25 | $8.6B | $2.4B | ||
| Q1 25 | $8.6B | $2.3B | ||
| Q4 24 | $8.5B | $2.6B | ||
| Q3 24 | $8.5B | $3.1B | ||
| Q2 24 | $8.4B | $2.9B |
| Q1 26 | 1.53× | — | ||
| Q4 25 | 1.53× | — | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.59× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | 1.42× | 0.73× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | 0.57× |
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 | — | $56.8M |
| Free Cash FlowOCF − Capex | — | $50.9M |
| FCF MarginFCF / Revenue | — | 13.7% |
| Capex IntensityCapex / Revenue | — | 1.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $191.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $622.4M | — | ||
| Q3 25 | $147.8M | $56.8M | ||
| Q2 25 | $150.7M | $69.4M | ||
| Q1 25 | $179.0M | $31.1M | ||
| Q4 24 | $574.6M | $50.5M | ||
| Q3 24 | $144.1M | $25.6M | ||
| Q2 24 | $169.7M | $74.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $50.9M | ||
| Q2 25 | — | $65.6M | ||
| Q1 25 | — | $28.5M | ||
| Q4 24 | — | $46.0M | ||
| Q3 24 | — | $16.9M | ||
| Q2 24 | — | $66.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 13.7% | ||
| Q2 25 | — | 17.7% | ||
| Q1 25 | — | 7.7% | ||
| Q4 24 | — | 7.7% | ||
| Q3 24 | — | 3.3% | ||
| Q2 24 | — | 13.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 1.5% |
| Q1 26 | — | — | ||
| Q4 25 | 4.80× | — | ||
| Q3 25 | 2.40× | — | ||
| Q2 25 | 0.97× | 1.35× | ||
| Q1 25 | 2.81× | — | ||
| Q4 24 | 8.77× | — | ||
| Q3 24 | 2.36× | 2.61× | ||
| Q2 24 | 1.52× | 4.66× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
