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Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and Ryman Hospitality Properties, Inc. (RHP). Click either name above to swap in a different company.

Ryman Hospitality Properties, Inc. is the larger business by last-quarter revenue ($664.6M vs $336.0M, roughly 2.0× Federal Realty Investment Trust). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 10.4%, a 28.2% gap on every dollar of revenue. On growth, Ryman Hospitality Properties, Inc. posted the faster year-over-year revenue change (13.2% vs 8.7%). Over the past eight quarters, Federal Realty Investment Trust's revenue compounded faster (6.5% CAGR vs 4.1%).

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.

Ryman Hospitality Properties, Inc. is a hotel, resort, entertainment, and media company named for one of its assets: the Ryman Auditorium, a National Historic Landmark in Nashville, Tennessee. The company's legal lineage can be traced back to its time as a subsidiary of Edward Gaylord's Oklahoma Publishing Company; however, the backbone of the modern entity was formed with the company's acquisition of WSM, Inc. in 1983. This purchase resulted in the ownership of the Grand Ole Opry and associa...

FRT vs RHP — Head-to-Head

Bigger by revenue
RHP
RHP
2.0× larger
RHP
$664.6M
$336.0M
FRT
Growing faster (revenue YoY)
RHP
RHP
+4.5% gap
RHP
13.2%
8.7%
FRT
Higher net margin
FRT
FRT
28.2% more per $
FRT
38.6%
10.4%
RHP
Faster 2-yr revenue CAGR
FRT
FRT
Annualised
FRT
6.5%
4.1%
RHP

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FRT
FRT
RHP
RHP
Revenue
$336.0M
$664.6M
Net Profit
$129.7M
$69.4M
Gross Margin
Operating Margin
53.8%
20.7%
Net Margin
38.6%
10.4%
Revenue YoY
8.7%
13.2%
Net Profit YoY
103.5%
10.1%
EPS (diluted)
$1.49
$1.03

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
RHP
RHP
Q1 26
$336.0M
$664.6M
Q4 25
$336.0M
$737.8M
Q3 25
$322.3M
$592.5M
Q2 25
$311.5M
$659.5M
Q1 25
$309.2M
$587.3M
Q4 24
$311.4M
$647.6M
Q3 24
$303.6M
$550.0M
Q2 24
$296.1M
$613.3M
Net Profit
FRT
FRT
RHP
RHP
Q1 26
$129.7M
$69.4M
Q4 25
$129.7M
$74.5M
Q3 25
$61.6M
$34.9M
Q2 25
$155.9M
$71.8M
Q1 25
$63.8M
$63.0M
Q4 24
$65.5M
$72.3M
Q3 24
$61.0M
$59.0M
Q2 24
$112.0M
$100.8M
Gross Margin
FRT
FRT
RHP
RHP
Q1 26
Q4 25
41.4%
Q3 25
40.9%
Q2 25
49.7%
Q1 25
44.4%
Q4 24
40.4%
Q3 24
43.1%
Q2 24
48.4%
Operating Margin
FRT
FRT
RHP
RHP
Q1 26
53.8%
20.7%
Q4 25
53.8%
19.4%
Q3 25
34.3%
15.0%
Q2 25
65.1%
21.1%
Q1 25
35.0%
19.8%
Q4 24
35.1%
18.6%
Q3 24
34.9%
19.3%
Q2 24
53.0%
27.4%
Net Margin
FRT
FRT
RHP
RHP
Q1 26
38.6%
10.4%
Q4 25
38.6%
10.1%
Q3 25
19.1%
5.9%
Q2 25
50.0%
10.9%
Q1 25
20.6%
10.7%
Q4 24
21.0%
11.2%
Q3 24
20.1%
10.7%
Q2 24
37.8%
16.4%
EPS (diluted)
FRT
FRT
RHP
RHP
Q1 26
$1.49
$1.03
Q4 25
$1.49
$1.12
Q3 25
$0.69
$0.53
Q2 25
$1.78
$1.12
Q1 25
$0.72
$1.00
Q4 24
$0.74
$1.12
Q3 24
$0.70
$0.94
Q2 24
$1.32
$1.65

Balance Sheet & Financial Strength

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

Metric
FRT
FRT
RHP
RHP
Cash + ST InvestmentsLiquidity on hand
$107.4M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.2B
$770.8M
Total Assets
$9.1B
$6.2B
Debt / EquityLower = less leverage
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRT
FRT
RHP
RHP
Q1 26
$107.4M
Q4 25
$107.4M
$471.4M
Q3 25
$111.3M
$483.3M
Q2 25
$177.0M
$420.6M
Q1 25
$109.2M
$413.9M
Q4 24
$123.4M
$477.7M
Q3 24
$97.0M
$534.9M
Q2 24
$103.2M
$498.4M
Total Debt
FRT
FRT
RHP
RHP
Q1 26
$5.0B
Q4 25
$5.0B
Q3 25
Q2 25
Q1 25
Q4 24
$4.5B
Q3 24
Q2 24
Stockholders' Equity
FRT
FRT
RHP
RHP
Q1 26
$3.2B
$770.8M
Q4 25
$3.2B
$750.2M
Q3 25
$3.2B
$758.5M
Q2 25
$3.2B
$800.4M
Q1 25
$3.2B
$531.5M
Q4 24
$3.2B
$549.0M
Q3 24
$3.1B
$551.9M
Q2 24
$3.0B
$562.6M
Total Assets
FRT
FRT
RHP
RHP
Q1 26
$9.1B
$6.2B
Q4 25
$9.1B
$6.2B
Q3 25
$8.9B
$6.2B
Q2 25
$8.6B
$6.1B
Q1 25
$8.6B
$5.2B
Q4 24
$8.5B
$5.2B
Q3 24
$8.5B
$5.2B
Q2 24
$8.4B
$5.1B
Debt / Equity
FRT
FRT
RHP
RHP
Q1 26
1.53×
Q4 25
1.53×
Q3 25
Q2 25
Q1 25
Q4 24
1.42×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRT
FRT

Segment breakdown not available.

RHP
RHP

Food and beverage$289.3M44%
Rooms$223.8M34%
Entertainment$79.2M12%
Other$72.3M11%

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