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Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and Red Rock Resorts, Inc. (RRR). Click either name above to swap in a different company.

Red Rock Resorts, Inc. is the larger business by last-quarter revenue ($507.3M vs $336.0M, roughly 1.5× Federal Realty Investment Trust). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 16.3%, a 22.3% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs 1.9%). Over the past eight quarters, Federal Realty Investment Trust's revenue compounded faster (6.5% CAGR vs 2.1%).

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.

Wynn Resorts, Limited is an American publicly traded corporation based in Paradise, Nevada, that is a developer and operator of high-end hotels and casinos. It was founded in 2002 by former Mirage Resorts Chairman and CEO Steve Wynn and is now run by CEO Craig Billings. As of 2020, the company has developed six properties.

FRT vs RRR — Head-to-Head

Bigger by revenue
RRR
RRR
1.5× larger
RRR
$507.3M
$336.0M
FRT
Growing faster (revenue YoY)
FRT
FRT
+6.8% gap
FRT
8.7%
1.9%
RRR
Higher net margin
FRT
FRT
22.3% more per $
FRT
38.6%
16.3%
RRR
Faster 2-yr revenue CAGR
FRT
FRT
Annualised
FRT
6.5%
2.1%
RRR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FRT
FRT
RRR
RRR
Revenue
$336.0M
$507.3M
Net Profit
$129.7M
$82.7M
Gross Margin
Operating Margin
53.8%
28.3%
Net Margin
38.6%
16.3%
Revenue YoY
8.7%
1.9%
Net Profit YoY
103.5%
-3.8%
EPS (diluted)
$1.49
$0.73

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
RRR
RRR
Q1 26
$336.0M
$507.3M
Q4 25
$336.0M
$511.8M
Q3 25
$322.3M
$475.6M
Q2 25
$311.5M
$526.3M
Q1 25
$309.2M
$497.9M
Q4 24
$311.4M
$495.7M
Q3 24
$303.6M
$468.0M
Q2 24
$296.1M
$486.4M
Net Profit
FRT
FRT
RRR
RRR
Q1 26
$129.7M
$82.7M
Q4 25
$129.7M
$44.7M
Q3 25
$61.6M
$42.3M
Q2 25
$155.9M
$56.4M
Q1 25
$63.8M
$44.7M
Q4 24
$65.5M
$46.6M
Q3 24
$61.0M
$29.0M
Q2 24
$112.0M
$35.7M
Operating Margin
FRT
FRT
RRR
RRR
Q1 26
53.8%
28.3%
Q4 25
53.8%
28.1%
Q3 25
34.3%
27.6%
Q2 25
65.1%
31.9%
Q1 25
35.0%
31.0%
Q4 24
35.1%
28.7%
Q3 24
34.9%
27.9%
Q2 24
53.0%
28.8%
Net Margin
FRT
FRT
RRR
RRR
Q1 26
38.6%
16.3%
Q4 25
38.6%
8.7%
Q3 25
19.1%
8.9%
Q2 25
50.0%
10.7%
Q1 25
20.6%
9.0%
Q4 24
21.0%
9.4%
Q3 24
20.1%
6.2%
Q2 24
37.8%
7.3%
EPS (diluted)
FRT
FRT
RRR
RRR
Q1 26
$1.49
$0.73
Q4 25
$1.49
$0.74
Q3 25
$0.69
$0.68
Q2 25
$1.78
$0.95
Q1 25
$0.72
$0.75
Q4 24
$0.74
$0.78
Q3 24
$0.70
$0.48
Q2 24
$1.32
$0.59

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRT
FRT
RRR
RRR
Q1 26
$107.4M
Q4 25
$107.4M
$142.5M
Q3 25
$111.3M
$129.8M
Q2 25
$177.0M
$145.2M
Q1 25
$109.2M
$150.6M
Q4 24
$123.4M
$164.4M
Q3 24
$97.0M
$117.5M
Q2 24
$103.2M
$136.4M
Total Debt
FRT
FRT
RRR
RRR
Q1 26
$5.0B
Q4 25
$5.0B
$3.4B
Q3 25
Q2 25
Q1 25
Q4 24
$4.5B
$3.4B
Q3 24
Q2 24
Stockholders' Equity
FRT
FRT
RRR
RRR
Q1 26
$3.2B
Q4 25
$3.2B
$208.3M
Q3 25
$3.2B
$219.6M
Q2 25
$3.2B
$203.4M
Q1 25
$3.2B
$247.1M
Q4 24
$3.2B
$215.1M
Q3 24
$3.1B
$175.5M
Q2 24
$3.0B
$159.0M
Total Assets
FRT
FRT
RRR
RRR
Q1 26
$9.1B
Q4 25
$9.1B
$4.2B
Q3 25
$8.9B
$4.1B
Q2 25
$8.6B
$4.0B
Q1 25
$8.6B
$4.1B
Q4 24
$8.5B
$4.0B
Q3 24
$8.5B
$4.0B
Q2 24
$8.4B
$4.0B
Debt / Equity
FRT
FRT
RRR
RRR
Q1 26
1.53×
Q4 25
1.53×
16.30×
Q3 25
Q2 25
Q1 25
Q4 24
1.42×
15.84×
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.

RRR
RRR

Casino$340.5M67%
Food and beverage$90.3M18%
Room$45.5M9%
Other$26.2M5%
Native American management and development fees$4.7M1%

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