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Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and RADIANT LOGISTICS, INC (RLGT). 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 $232.1M, roughly 1.4× RADIANT LOGISTICS, INC). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 2.3%, a 36.3% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs -12.3%). Over the past eight quarters, RADIANT LOGISTICS, INC's revenue compounded faster (12.1% 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.

Radiant Logistics, Inc. is a leading third-party logistics provider offering end-to-end supply chain solutions, domestic and international freight forwarding, warehousing, and last-mile delivery services. It primarily serves North American markets, with key client segments including retail, manufacturing, e-commerce, and industrial sectors, helping businesses optimize logistics workflows and cut operational costs.

FRT vs RLGT — Head-to-Head

Bigger by revenue
FRT
FRT
1.4× larger
FRT
$336.0M
$232.1M
RLGT
Growing faster (revenue YoY)
FRT
FRT
+21.0% gap
FRT
8.7%
-12.3%
RLGT
Higher net margin
FRT
FRT
36.3% more per $
FRT
38.6%
2.3%
RLGT
Faster 2-yr revenue CAGR
RLGT
RLGT
Annualised
RLGT
12.1%
6.5%
FRT

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
FRT
FRT
RLGT
RLGT
Revenue
$336.0M
$232.1M
Net Profit
$129.7M
$5.3M
Gross Margin
Operating Margin
53.8%
3.2%
Net Margin
38.6%
2.3%
Revenue YoY
8.7%
-12.3%
Net Profit YoY
103.5%
-18.0%
EPS (diluted)
$1.49
$0.11

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
RLGT
RLGT
Q1 26
$336.0M
Q4 25
$336.0M
$232.1M
Q3 25
$322.3M
$226.7M
Q2 25
$311.5M
$220.6M
Q1 25
$309.2M
$214.0M
Q4 24
$311.4M
$264.5M
Q3 24
$303.6M
$203.6M
Q2 24
$296.1M
$206.0M
Net Profit
FRT
FRT
RLGT
RLGT
Q1 26
$129.7M
Q4 25
$129.7M
$5.3M
Q3 25
$61.6M
$1.3M
Q2 25
$155.9M
$4.9M
Q1 25
$63.8M
$2.5M
Q4 24
$65.5M
$6.5M
Q3 24
$61.0M
$3.4M
Q2 24
$112.0M
$4.8M
Operating Margin
FRT
FRT
RLGT
RLGT
Q1 26
53.8%
Q4 25
53.8%
3.2%
Q3 25
34.3%
0.9%
Q2 25
65.1%
2.4%
Q1 25
35.0%
1.6%
Q4 24
35.1%
3.3%
Q3 24
34.9%
1.9%
Q2 24
53.0%
2.4%
Net Margin
FRT
FRT
RLGT
RLGT
Q1 26
38.6%
Q4 25
38.6%
2.3%
Q3 25
19.1%
0.6%
Q2 25
50.0%
2.2%
Q1 25
20.6%
1.2%
Q4 24
21.0%
2.4%
Q3 24
20.1%
1.7%
Q2 24
37.8%
2.3%
EPS (diluted)
FRT
FRT
RLGT
RLGT
Q1 26
$1.49
Q4 25
$1.49
$0.11
Q3 25
$0.69
$0.03
Q2 25
$1.78
$0.10
Q1 25
$0.72
$0.05
Q4 24
$0.74
$0.13
Q3 24
$0.70
$0.07
Q2 24
$1.32
$0.11

Balance Sheet & Financial Strength

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

Metric
FRT
FRT
RLGT
RLGT
Cash + ST InvestmentsLiquidity on hand
$107.4M
$31.9M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.2B
$229.8M
Total Assets
$9.1B
$439.4M
Debt / EquityLower = less leverage
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRT
FRT
RLGT
RLGT
Q1 26
$107.4M
Q4 25
$107.4M
$31.9M
Q3 25
$111.3M
$28.1M
Q2 25
$177.0M
$22.9M
Q1 25
$109.2M
$19.0M
Q4 24
$123.4M
$19.9M
Q3 24
$97.0M
$10.4M
Q2 24
$103.2M
$24.9M
Total Debt
FRT
FRT
RLGT
RLGT
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
RLGT
RLGT
Q1 26
$3.2B
Q4 25
$3.2B
$229.8M
Q3 25
$3.2B
$225.7M
Q2 25
$3.2B
$226.0M
Q1 25
$3.2B
$218.2M
Q4 24
$3.2B
$214.4M
Q3 24
$3.1B
$212.4M
Q2 24
$3.0B
$209.4M
Total Assets
FRT
FRT
RLGT
RLGT
Q1 26
$9.1B
Q4 25
$9.1B
$439.4M
Q3 25
$8.9B
$445.3M
Q2 25
$8.6B
$426.8M
Q1 25
$8.6B
$414.5M
Q4 24
$8.5B
$386.8M
Q3 24
$8.5B
$375.3M
Q2 24
$8.4B
$371.2M
Debt / Equity
FRT
FRT
RLGT
RLGT
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
FRT
FRT
RLGT
RLGT
Operating Cash FlowLast quarter
$12.4M
Free Cash FlowOCF − Capex
$11.6M
FCF MarginFCF / Revenue
5.0%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
2.33×
TTM Free Cash FlowTrailing 4 quarters
$8.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRT
FRT
RLGT
RLGT
Q1 26
Q4 25
$622.4M
$12.4M
Q3 25
$147.8M
$2.5M
Q2 25
$150.7M
$3.1M
Q1 25
$179.0M
$-5.7M
Q4 24
$574.6M
$15.7M
Q3 24
$144.1M
$205.0K
Q2 24
$169.7M
$1.3M
Free Cash Flow
FRT
FRT
RLGT
RLGT
Q1 26
Q4 25
$11.6M
Q3 25
$977.0K
Q2 25
$2.2M
Q1 25
$-6.4M
Q4 24
$14.1M
Q3 24
$-1.9M
Q2 24
$-185.0K
FCF Margin
FRT
FRT
RLGT
RLGT
Q1 26
Q4 25
5.0%
Q3 25
0.4%
Q2 25
1.0%
Q1 25
-3.0%
Q4 24
5.3%
Q3 24
-0.9%
Q2 24
-0.1%
Capex Intensity
FRT
FRT
RLGT
RLGT
Q1 26
Q4 25
0.3%
Q3 25
0.7%
Q2 25
0.4%
Q1 25
0.3%
Q4 24
0.6%
Q3 24
1.0%
Q2 24
0.7%
Cash Conversion
FRT
FRT
RLGT
RLGT
Q1 26
Q4 25
4.80×
2.33×
Q3 25
2.40×
1.90×
Q2 25
0.97×
0.63×
Q1 25
2.81×
-2.26×
Q4 24
8.77×
2.43×
Q3 24
2.36×
0.06×
Q2 24
1.52×
0.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRT
FRT

Segment breakdown not available.

RLGT
RLGT

Transferred Over Time$201.2M87%
Other$25.0M11%
Value Added Services$4.2M2%
Transferred At Point In Time$1.8M1%

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