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Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and Simpson Manufacturing Co., Inc. (SSD). Click either name above to swap in a different company.

Simpson Manufacturing Co., Inc. is the larger business by last-quarter revenue ($539.3M vs $336.0M, roughly 1.6× 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, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs 4.2%). Over the past eight quarters, Federal Realty Investment Trust's revenue compounded faster (6.5% CAGR vs 0.8%).

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.

Simpson Manufacturing Company is a leading building materials manufacturer in the United States that produces structural connectors, fasteners, anchors, and products for new construction and retrofitting.

FRT vs SSD — Head-to-Head

Bigger by revenue
SSD
SSD
1.6× larger
SSD
$539.3M
$336.0M
FRT
Growing faster (revenue YoY)
FRT
FRT
+4.5% gap
FRT
8.7%
4.2%
SSD
Higher net margin
FRT
FRT
28.2% more per $
FRT
38.6%
10.4%
SSD
Faster 2-yr revenue CAGR
FRT
FRT
Annualised
FRT
6.5%
0.8%
SSD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FRT
FRT
SSD
SSD
Revenue
$336.0M
$539.3M
Net Profit
$129.7M
$56.2M
Gross Margin
43.4%
Operating Margin
53.8%
13.9%
Net Margin
38.6%
10.4%
Revenue YoY
8.7%
4.2%
Net Profit YoY
103.5%
1.4%
EPS (diluted)
$1.49
$1.34

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
SSD
SSD
Q1 26
$336.0M
Q4 25
$336.0M
$539.3M
Q3 25
$322.3M
$623.5M
Q2 25
$311.5M
$631.1M
Q1 25
$309.2M
$538.9M
Q4 24
$311.4M
$517.4M
Q3 24
$303.6M
$587.2M
Q2 24
$296.1M
$597.0M
Net Profit
FRT
FRT
SSD
SSD
Q1 26
$129.7M
Q4 25
$129.7M
$56.2M
Q3 25
$61.6M
$107.4M
Q2 25
$155.9M
$103.5M
Q1 25
$63.8M
$77.9M
Q4 24
$65.5M
$55.4M
Q3 24
$61.0M
$93.5M
Q2 24
$112.0M
$97.8M
Gross Margin
FRT
FRT
SSD
SSD
Q1 26
Q4 25
43.4%
Q3 25
46.4%
Q2 25
46.7%
Q1 25
46.8%
Q4 24
44.0%
Q3 24
46.8%
Q2 24
46.7%
Operating Margin
FRT
FRT
SSD
SSD
Q1 26
53.8%
Q4 25
53.8%
13.9%
Q3 25
34.3%
22.6%
Q2 25
65.1%
22.2%
Q1 25
35.0%
19.0%
Q4 24
35.1%
14.8%
Q3 24
34.9%
21.3%
Q2 24
53.0%
22.1%
Net Margin
FRT
FRT
SSD
SSD
Q1 26
38.6%
Q4 25
38.6%
10.4%
Q3 25
19.1%
17.2%
Q2 25
50.0%
16.4%
Q1 25
20.6%
14.5%
Q4 24
21.0%
10.7%
Q3 24
20.1%
15.9%
Q2 24
37.8%
16.4%
EPS (diluted)
FRT
FRT
SSD
SSD
Q1 26
$1.49
Q4 25
$1.49
$1.34
Q3 25
$0.69
$2.58
Q2 25
$1.78
$2.47
Q1 25
$0.72
$1.85
Q4 24
$0.74
$1.31
Q3 24
$0.70
$2.21
Q2 24
$1.32
$2.31

Balance Sheet & Financial Strength

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

Metric
FRT
FRT
SSD
SSD
Cash + ST InvestmentsLiquidity on hand
$107.4M
$384.1M
Total DebtLower is stronger
$5.0B
$300.0M
Stockholders' EquityBook value
$3.2B
$2.0B
Total Assets
$9.1B
$3.1B
Debt / EquityLower = less leverage
1.53×
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRT
FRT
SSD
SSD
Q1 26
$107.4M
Q4 25
$107.4M
$384.1M
Q3 25
$111.3M
$297.3M
Q2 25
$177.0M
$190.4M
Q1 25
$109.2M
$150.3M
Q4 24
$123.4M
$239.4M
Q3 24
$97.0M
$339.4M
Q2 24
$103.2M
$354.9M
Total Debt
FRT
FRT
SSD
SSD
Q1 26
$5.0B
Q4 25
$5.0B
$300.0M
Q3 25
$371.3M
Q2 25
$376.9M
Q1 25
$382.5M
Q4 24
$4.5B
$388.1M
Q3 24
$393.8M
Q2 24
$399.4M
Stockholders' Equity
FRT
FRT
SSD
SSD
Q1 26
$3.2B
Q4 25
$3.2B
$2.0B
Q3 25
$3.2B
$2.0B
Q2 25
$3.2B
$1.9B
Q1 25
$3.2B
$1.9B
Q4 24
$3.2B
$1.8B
Q3 24
$3.1B
$1.9B
Q2 24
$3.0B
$1.8B
Total Assets
FRT
FRT
SSD
SSD
Q1 26
$9.1B
Q4 25
$9.1B
$3.1B
Q3 25
$8.9B
$3.0B
Q2 25
$8.6B
$3.0B
Q1 25
$8.6B
$2.8B
Q4 24
$8.5B
$2.7B
Q3 24
$8.5B
$2.9B
Q2 24
$8.4B
$2.8B
Debt / Equity
FRT
FRT
SSD
SSD
Q1 26
1.53×
Q4 25
1.53×
0.15×
Q3 25
0.19×
Q2 25
0.20×
Q1 25
0.21×
Q4 24
1.42×
0.21×
Q3 24
0.21×
Q2 24
0.23×

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
SSD
SSD
Operating Cash FlowLast quarter
$155.7M
Free Cash FlowOCF − Capex
$119.0M
FCF MarginFCF / Revenue
22.1%
Capex IntensityCapex / Revenue
6.8%
Cash ConversionOCF / Net Profit
2.77×
TTM Free Cash FlowTrailing 4 quarters
$297.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRT
FRT
SSD
SSD
Q1 26
Q4 25
$622.4M
$155.7M
Q3 25
$147.8M
$170.2M
Q2 25
$150.7M
$125.2M
Q1 25
$179.0M
$7.6M
Q4 24
$574.6M
$115.8M
Q3 24
$144.1M
$103.3M
Q2 24
$169.7M
$111.1M
Free Cash Flow
FRT
FRT
SSD
SSD
Q1 26
Q4 25
$119.0M
Q3 25
$133.9M
Q2 25
$87.3M
Q1 25
$-42.6M
Q4 24
$60.3M
Q3 24
$58.1M
Q2 24
$70.9M
FCF Margin
FRT
FRT
SSD
SSD
Q1 26
Q4 25
22.1%
Q3 25
21.5%
Q2 25
13.8%
Q1 25
-7.9%
Q4 24
11.7%
Q3 24
9.9%
Q2 24
11.9%
Capex Intensity
FRT
FRT
SSD
SSD
Q1 26
Q4 25
6.8%
Q3 25
5.8%
Q2 25
6.0%
Q1 25
9.3%
Q4 24
10.7%
Q3 24
7.7%
Q2 24
6.7%
Cash Conversion
FRT
FRT
SSD
SSD
Q1 26
Q4 25
4.80×
2.77×
Q3 25
2.40×
1.58×
Q2 25
0.97×
1.21×
Q1 25
2.81×
0.10×
Q4 24
8.77×
2.09×
Q3 24
2.36×
1.10×
Q2 24
1.52×
1.14×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRT
FRT

Segment breakdown not available.

SSD
SSD

Wood Construction$352.0M65%
Other$122.4M23%
Concrete Construction$64.6M12%
Other Products$318.0K0%

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