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Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and Orthofix Medical Inc. (OFIX). 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 $219.9M, roughly 1.5× Orthofix Medical Inc.). Federal Realty Investment Trust runs the higher net margin — 38.6% vs -1.0%, a 39.6% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs 2.0%). Over the past eight quarters, Orthofix Medical Inc.'s revenue compounded faster (8.0% 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.

Orthofix Medical Inc. is a global medical device firm specializing in orthopedic care. It develops, manufactures and sells spinal implants, trauma care products, bone growth stimulation therapies and regenerative medicine offerings, serving orthopedic surgeons and healthcare providers across North America, Europe and Asia Pacific.

FRT vs OFIX — Head-to-Head

Bigger by revenue
FRT
FRT
1.5× larger
FRT
$336.0M
$219.9M
OFIX
Growing faster (revenue YoY)
FRT
FRT
+6.7% gap
FRT
8.7%
2.0%
OFIX
Higher net margin
FRT
FRT
39.6% more per $
FRT
38.6%
-1.0%
OFIX
Faster 2-yr revenue CAGR
OFIX
OFIX
Annualised
OFIX
8.0%
6.5%
FRT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FRT
FRT
OFIX
OFIX
Revenue
$336.0M
$219.9M
Net Profit
$129.7M
$-2.2M
Gross Margin
71.1%
Operating Margin
53.8%
0.2%
Net Margin
38.6%
-1.0%
Revenue YoY
8.7%
2.0%
Net Profit YoY
103.5%
92.4%
EPS (diluted)
$1.49
$-0.05

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
OFIX
OFIX
Q1 26
$336.0M
Q4 25
$336.0M
$219.9M
Q3 25
$322.3M
$205.6M
Q2 25
$311.5M
$203.1M
Q1 25
$309.2M
$193.6M
Q4 24
$311.4M
$215.7M
Q3 24
$303.6M
$196.6M
Q2 24
$296.1M
$198.6M
Net Profit
FRT
FRT
OFIX
OFIX
Q1 26
$129.7M
Q4 25
$129.7M
$-2.2M
Q3 25
$61.6M
$-22.8M
Q2 25
$155.9M
$-14.1M
Q1 25
$63.8M
$-53.1M
Q4 24
$65.5M
$-29.1M
Q3 24
$61.0M
$-27.4M
Q2 24
$112.0M
$-33.4M
Gross Margin
FRT
FRT
OFIX
OFIX
Q1 26
Q4 25
71.1%
Q3 25
72.2%
Q2 25
68.7%
Q1 25
62.8%
Q4 24
69.0%
Q3 24
68.7%
Q2 24
67.8%
Operating Margin
FRT
FRT
OFIX
OFIX
Q1 26
53.8%
Q4 25
53.8%
0.2%
Q3 25
34.3%
-8.3%
Q2 25
65.1%
-7.9%
Q1 25
35.0%
-25.2%
Q4 24
35.1%
-5.3%
Q3 24
34.9%
-9.6%
Q2 24
53.0%
-12.5%
Net Margin
FRT
FRT
OFIX
OFIX
Q1 26
38.6%
Q4 25
38.6%
-1.0%
Q3 25
19.1%
-11.1%
Q2 25
50.0%
-6.9%
Q1 25
20.6%
-27.4%
Q4 24
21.0%
-13.5%
Q3 24
20.1%
-13.9%
Q2 24
37.8%
-16.8%
EPS (diluted)
FRT
FRT
OFIX
OFIX
Q1 26
$1.49
Q4 25
$1.49
$-0.05
Q3 25
$0.69
$-0.57
Q2 25
$1.78
$-0.36
Q1 25
$0.72
$-1.35
Q4 24
$0.74
$-0.76
Q3 24
$0.70
$-0.71
Q2 24
$1.32
$-0.88

Balance Sheet & Financial Strength

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

Metric
FRT
FRT
OFIX
OFIX
Cash + ST InvestmentsLiquidity on hand
$107.4M
$82.0M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.2B
$450.0M
Total Assets
$9.1B
$850.6M
Debt / EquityLower = less leverage
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRT
FRT
OFIX
OFIX
Q1 26
$107.4M
Q4 25
$107.4M
$82.0M
Q3 25
$111.3M
$62.9M
Q2 25
$177.0M
$65.6M
Q1 25
$109.2M
$58.0M
Q4 24
$123.4M
$83.2M
Q3 24
$97.0M
$30.1M
Q2 24
$103.2M
$26.4M
Total Debt
FRT
FRT
OFIX
OFIX
Q1 26
$5.0B
Q4 25
$5.0B
Q3 25
$157.2M
Q2 25
$157.0M
Q1 25
$156.9M
Q4 24
$4.5B
$157.0M
Q3 24
$118.5M
Q2 24
$118.0M
Stockholders' Equity
FRT
FRT
OFIX
OFIX
Q1 26
$3.2B
Q4 25
$3.2B
$450.0M
Q3 25
$3.2B
$442.5M
Q2 25
$3.2B
$458.3M
Q1 25
$3.2B
$458.3M
Q4 24
$3.2B
$503.1M
Q3 24
$3.1B
$525.9M
Q2 24
$3.0B
$546.0M
Total Assets
FRT
FRT
OFIX
OFIX
Q1 26
$9.1B
Q4 25
$9.1B
$850.6M
Q3 25
$8.9B
$832.6M
Q2 25
$8.6B
$837.2M
Q1 25
$8.6B
$823.1M
Q4 24
$8.5B
$893.3M
Q3 24
$8.5B
$867.9M
Q2 24
$8.4B
$882.0M
Debt / Equity
FRT
FRT
OFIX
OFIX
Q1 26
1.53×
Q4 25
1.53×
Q3 25
0.36×
Q2 25
0.34×
Q1 25
0.34×
Q4 24
1.42×
0.31×
Q3 24
0.23×
Q2 24
0.22×

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
OFIX
OFIX
Operating Cash FlowLast quarter
$27.7M
Free Cash FlowOCF − Capex
$16.8M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRT
FRT
OFIX
OFIX
Q1 26
Q4 25
$622.4M
$27.7M
Q3 25
$147.8M
$12.4M
Q2 25
$150.7M
$11.6M
Q1 25
$179.0M
$-18.4M
Q4 24
$574.6M
$23.7M
Q3 24
$144.1M
$11.7M
Q2 24
$169.7M
$9.0M
Free Cash Flow
FRT
FRT
OFIX
OFIX
Q1 26
Q4 25
$16.8M
Q3 25
$2.5M
Q2 25
$4.5M
Q1 25
$-25.1M
Q4 24
$15.2M
Q3 24
$6.3M
Q2 24
$-360.0K
FCF Margin
FRT
FRT
OFIX
OFIX
Q1 26
Q4 25
7.6%
Q3 25
1.2%
Q2 25
2.2%
Q1 25
-13.0%
Q4 24
7.0%
Q3 24
3.2%
Q2 24
-0.2%
Capex Intensity
FRT
FRT
OFIX
OFIX
Q1 26
Q4 25
4.9%
Q3 25
4.8%
Q2 25
3.5%
Q1 25
3.5%
Q4 24
4.0%
Q3 24
2.7%
Q2 24
4.7%
Cash Conversion
FRT
FRT
OFIX
OFIX
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×
Q2 24
1.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRT
FRT

Segment breakdown not available.

OFIX
OFIX

Spinal Implants Biologics And Enabling Technologies$113.6M52%
Bone Growth Therapies$68.3M31%
Other$22.7M10%
IT$5.9M3%
GB$3.5M2%
FR$3.5M2%
DE$2.3M1%

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