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Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and Ralliant Corp (RAL). Click either name above to swap in a different company.

Ralliant Corp is the larger business by last-quarter revenue ($529.1M vs $336.0M, roughly 1.6× Federal Realty Investment Trust). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 7.5%, a 31.1% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs -0.5%).

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.

FRT vs RAL — Head-to-Head

Bigger by revenue
RAL
RAL
1.6× larger
RAL
$529.1M
$336.0M
FRT
Growing faster (revenue YoY)
FRT
FRT
+9.2% gap
FRT
8.7%
-0.5%
RAL
Higher net margin
FRT
FRT
31.1% more per $
FRT
38.6%
7.5%
RAL

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FRT
FRT
RAL
RAL
Revenue
$336.0M
$529.1M
Net Profit
$129.7M
$39.9M
Gross Margin
50.8%
Operating Margin
53.8%
9.8%
Net Margin
38.6%
7.5%
Revenue YoY
8.7%
-0.5%
Net Profit YoY
103.5%
-56.1%
EPS (diluted)
$1.49
$0.35

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
RAL
RAL
Q1 26
$336.0M
Q4 25
$336.0M
Q3 25
$322.3M
$529.1M
Q2 25
$311.5M
$503.3M
Q1 25
$309.2M
Q4 24
$311.4M
Q3 24
$303.6M
$531.7M
Q2 24
$296.1M
$533.7M
Net Profit
FRT
FRT
RAL
RAL
Q1 26
$129.7M
Q4 25
$129.7M
Q3 25
$61.6M
$39.9M
Q2 25
$155.9M
$47.6M
Q1 25
$63.8M
Q4 24
$65.5M
Q3 24
$61.0M
$90.9M
Q2 24
$112.0M
$64.8M
Gross Margin
FRT
FRT
RAL
RAL
Q1 26
Q4 25
Q3 25
50.8%
Q2 25
49.3%
Q1 25
Q4 24
Q3 24
52.6%
Q2 24
51.5%
Operating Margin
FRT
FRT
RAL
RAL
Q1 26
53.8%
Q4 25
53.8%
Q3 25
34.3%
9.8%
Q2 25
65.1%
11.7%
Q1 25
35.0%
Q4 24
35.1%
Q3 24
34.9%
20.9%
Q2 24
53.0%
19.7%
Net Margin
FRT
FRT
RAL
RAL
Q1 26
38.6%
Q4 25
38.6%
Q3 25
19.1%
7.5%
Q2 25
50.0%
9.5%
Q1 25
20.6%
Q4 24
21.0%
Q3 24
20.1%
17.1%
Q2 24
37.8%
12.1%
EPS (diluted)
FRT
FRT
RAL
RAL
Q1 26
$1.49
Q4 25
$1.49
Q3 25
$0.69
$0.35
Q2 25
$1.78
$0.42
Q1 25
$0.72
Q4 24
$0.74
Q3 24
$0.70
$0.81
Q2 24
$1.32
$0.57

Balance Sheet & Financial Strength

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

Metric
FRT
FRT
RAL
RAL
Cash + ST InvestmentsLiquidity on hand
$107.4M
$264.2M
Total DebtLower is stronger
$5.0B
$1.1B
Stockholders' EquityBook value
$3.2B
$3.0B
Total Assets
$9.1B
$5.3B
Debt / EquityLower = less leverage
1.53×
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRT
FRT
RAL
RAL
Q1 26
$107.4M
Q4 25
$107.4M
Q3 25
$111.3M
$264.2M
Q2 25
$177.0M
$198.6M
Q1 25
$109.2M
Q4 24
$123.4M
Q3 24
$97.0M
Q2 24
$103.2M
Total Debt
FRT
FRT
RAL
RAL
Q1 26
$5.0B
Q4 25
$5.0B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
Q4 24
$4.5B
Q3 24
Q2 24
Stockholders' Equity
FRT
FRT
RAL
RAL
Q1 26
$3.2B
Q4 25
$3.2B
Q3 25
$3.2B
$3.0B
Q2 25
$3.2B
$3.0B
Q1 25
$3.2B
Q4 24
$3.2B
Q3 24
$3.1B
$4.0B
Q2 24
$3.0B
$4.0B
Total Assets
FRT
FRT
RAL
RAL
Q1 26
$9.1B
Q4 25
$9.1B
Q3 25
$8.9B
$5.3B
Q2 25
$8.6B
$5.2B
Q1 25
$8.6B
Q4 24
$8.5B
Q3 24
$8.5B
Q2 24
$8.4B
Debt / Equity
FRT
FRT
RAL
RAL
Q1 26
1.53×
Q4 25
1.53×
Q3 25
0.39×
Q2 25
0.38×
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
FRT
FRT
RAL
RAL
Operating Cash FlowLast quarter
$138.6M
Free Cash FlowOCF − Capex
$126.6M
FCF MarginFCF / Revenue
23.9%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
3.47×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRT
FRT
RAL
RAL
Q1 26
Q4 25
$622.4M
Q3 25
$147.8M
$138.6M
Q2 25
$150.7M
Q1 25
$179.0M
Q4 24
$574.6M
Q3 24
$144.1M
Q2 24
$169.7M
Free Cash Flow
FRT
FRT
RAL
RAL
Q1 26
Q4 25
Q3 25
$126.6M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
FRT
FRT
RAL
RAL
Q1 26
Q4 25
Q3 25
23.9%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
FRT
FRT
RAL
RAL
Q1 26
Q4 25
Q3 25
2.3%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
FRT
FRT
RAL
RAL
Q1 26
Q4 25
4.80×
Q3 25
2.40×
3.47×
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.

RAL
RAL

Industrial Manufacturing$111.1M21%
Defense And Space$93.6M18%
Diversified Electronics$91.0M17%
Test And Measurement$76.8M15%
Communications$60.7M11%
Semiconductors$51.4M10%
Other Direct End Markets$44.4M8%

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