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Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and PRA GROUP INC (PRAA). 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 $333.4M, roughly 1.0× PRA GROUP INC). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 17.0%, a 21.7% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs 8.7%). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% 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.
PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.
FRT vs PRAA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $336.0M | $333.4M |
| Net Profit | $129.7M | $56.5M |
| Gross Margin | — | — |
| Operating Margin | 53.8% | 37.7% |
| Net Margin | 38.6% | 17.0% |
| Revenue YoY | 8.7% | 13.7% |
| Net Profit YoY | 103.5% | 206.3% |
| EPS (diluted) | $1.49 | $1.47 |
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 | $333.4M | ||
| Q3 25 | $322.3M | $311.1M | ||
| Q2 25 | $311.5M | $287.7M | ||
| Q1 25 | $309.2M | $269.6M | ||
| Q4 24 | $311.4M | $293.2M | ||
| Q3 24 | $303.6M | $281.5M | ||
| Q2 24 | $296.1M | $284.2M |
| Q1 26 | $129.7M | — | ||
| Q4 25 | $129.7M | $56.5M | ||
| Q3 25 | $61.6M | $-407.7M | ||
| Q2 25 | $155.9M | $42.4M | ||
| Q1 25 | $63.8M | $3.7M | ||
| Q4 24 | $65.5M | $18.5M | ||
| Q3 24 | $61.0M | $27.2M | ||
| Q2 24 | $112.0M | $21.5M |
| Q1 26 | 53.8% | — | ||
| Q4 25 | 53.8% | 37.7% | ||
| Q3 25 | 34.3% | -101.4% | ||
| Q2 25 | 65.1% | 29.6% | ||
| Q1 25 | 35.0% | 27.7% | ||
| Q4 24 | 35.1% | 32.1% | ||
| Q3 24 | 34.9% | 32.0% | ||
| Q2 24 | 53.0% | 31.4% |
| Q1 26 | 38.6% | — | ||
| Q4 25 | 38.6% | 17.0% | ||
| Q3 25 | 19.1% | -131.0% | ||
| Q2 25 | 50.0% | 14.7% | ||
| Q1 25 | 20.6% | 1.4% | ||
| Q4 24 | 21.0% | 6.3% | ||
| Q3 24 | 20.1% | 9.6% | ||
| Q2 24 | 37.8% | 7.6% |
| Q1 26 | $1.49 | — | ||
| Q4 25 | $1.49 | $1.47 | ||
| Q3 25 | $0.69 | $-10.43 | ||
| Q2 25 | $1.78 | $1.08 | ||
| Q1 25 | $0.72 | $0.09 | ||
| Q4 24 | $0.74 | $0.47 | ||
| Q3 24 | $0.70 | $0.69 | ||
| Q2 24 | $1.32 | $0.54 |
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 | $104.4M |
| Total DebtLower is stronger | $5.0B | — |
| Stockholders' EquityBook value | $3.2B | $979.9M |
| Total Assets | $9.1B | $5.1B |
| Debt / EquityLower = less leverage | 1.53× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $107.4M | — | ||
| Q4 25 | $107.4M | $104.4M | ||
| Q3 25 | $111.3M | $107.5M | ||
| Q2 25 | $177.0M | $131.6M | ||
| Q1 25 | $109.2M | $128.7M | ||
| Q4 24 | $123.4M | $105.9M | ||
| Q3 24 | $97.0M | $141.1M | ||
| Q2 24 | $103.2M | $118.9M |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $979.9M | ||
| Q3 25 | $3.2B | $928.5M | ||
| Q2 25 | $3.2B | $1.3B | ||
| Q1 25 | $3.2B | $1.2B | ||
| Q4 24 | $3.2B | $1.1B | ||
| Q3 24 | $3.1B | $1.2B | ||
| Q2 24 | $3.0B | $1.1B |
| Q1 26 | $9.1B | — | ||
| Q4 25 | $9.1B | $5.1B | ||
| Q3 25 | $8.9B | $5.0B | ||
| Q2 25 | $8.6B | $5.4B | ||
| Q1 25 | $8.6B | $5.1B | ||
| Q4 24 | $8.5B | $4.9B | ||
| Q3 24 | $8.5B | $4.9B | ||
| Q2 24 | $8.4B | $4.7B |
| Q1 26 | 1.53× | — | ||
| Q4 25 | 1.53× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $-85.5M |
| Free Cash FlowOCF − Capex | — | $-90.4M |
| FCF MarginFCF / Revenue | — | -27.1% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | — | -1.51× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-169.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $622.4M | $-85.5M | ||
| Q3 25 | $147.8M | $-10.1M | ||
| Q2 25 | $150.7M | $-12.9M | ||
| Q1 25 | $179.0M | $-52.6M | ||
| Q4 24 | $574.6M | $-94.6M | ||
| Q3 24 | $144.1M | $-35.0M | ||
| Q2 24 | $169.7M | $-29.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-90.4M | ||
| Q3 25 | — | $-11.3M | ||
| Q2 25 | — | $-14.2M | ||
| Q1 25 | — | $-53.5M | ||
| Q4 24 | — | $-98.6M | ||
| Q3 24 | — | $-36.1M | ||
| Q2 24 | — | $-30.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | -27.1% | ||
| Q3 25 | — | -3.6% | ||
| Q2 25 | — | -4.9% | ||
| Q1 25 | — | -19.8% | ||
| Q4 24 | — | -33.6% | ||
| Q3 24 | — | -12.8% | ||
| Q2 24 | — | -10.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.5% |
| Q1 26 | — | — | ||
| Q4 25 | 4.80× | -1.51× | ||
| Q3 25 | 2.40× | — | ||
| Q2 25 | 0.97× | -0.30× | ||
| Q1 25 | 2.81× | -14.37× | ||
| Q4 24 | 8.77× | -5.13× | ||
| Q3 24 | 2.36× | -1.29× | ||
| Q2 24 | 1.52× | -1.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FRT
Segment breakdown not available.
PRAA
| GB | $170.1M | 51% |
| Other | $163.3M | 49% |