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Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). 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 $199.5M, roughly 1.7× VIRTUS INVESTMENT PARTNERS, INC.). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 3.6%, a 35.1% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs -4.1%). Over the past eight quarters, Federal Realty Investment Trust's revenue compounded faster (6.5% CAGR vs -5.7%).
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.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
FRT vs VRTS — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $336.0M | $199.5M |
| Net Profit | $129.7M | $7.1M |
| Gross Margin | — | — |
| Operating Margin | 53.8% | 7.7% |
| Net Margin | 38.6% | 3.6% |
| Revenue YoY | 8.7% | -4.1% |
| Net Profit YoY | 103.5% | -78.1% |
| EPS (diluted) | $1.49 | $1.05 |
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.
| Q1 26 | $336.0M | $199.5M | ||
| Q4 25 | $336.0M | $208.0M | ||
| Q3 25 | $322.3M | $216.4M | ||
| Q2 25 | $311.5M | $210.5M | ||
| Q1 25 | $309.2M | $217.9M | ||
| Q4 24 | $311.4M | $233.5M | ||
| Q3 24 | $303.6M | $227.0M | ||
| Q2 24 | $296.1M | $224.4M |
| Q1 26 | $129.7M | $7.1M | ||
| Q4 25 | $129.7M | $33.9M | ||
| Q3 25 | $61.6M | $31.3M | ||
| Q2 25 | $155.9M | $42.7M | ||
| Q1 25 | $63.8M | $28.1M | ||
| Q4 24 | $65.5M | $39.5M | ||
| Q3 24 | $61.0M | $49.1M | ||
| Q2 24 | $112.0M | $26.0M |
| Q1 26 | 53.8% | 7.7% | ||
| Q4 25 | 53.8% | 19.1% | ||
| Q3 25 | 34.3% | 21.7% | ||
| Q2 25 | 65.1% | 21.5% | ||
| Q1 25 | 35.0% | 16.8% | ||
| Q4 24 | 35.1% | 21.7% | ||
| Q3 24 | 34.9% | 24.3% | ||
| Q2 24 | 53.0% | 19.7% |
| Q1 26 | 38.6% | 3.6% | ||
| Q4 25 | 38.6% | 16.3% | ||
| Q3 25 | 19.1% | 14.5% | ||
| Q2 25 | 50.0% | 20.3% | ||
| Q1 25 | 20.6% | 12.9% | ||
| Q4 24 | 21.0% | 16.9% | ||
| Q3 24 | 20.1% | 21.6% | ||
| Q2 24 | 37.8% | 11.6% |
| Q1 26 | $1.49 | $1.05 | ||
| Q4 25 | $1.49 | $5.15 | ||
| Q3 25 | $0.69 | $4.65 | ||
| Q2 25 | $1.78 | $6.12 | ||
| Q1 25 | $0.72 | $4.05 | ||
| Q4 24 | $0.74 | $4.65 | ||
| Q3 24 | $0.70 | $5.71 | ||
| Q2 24 | $1.32 | $2.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $107.4M | $136.6M |
| Total DebtLower is stronger | $5.0B | — |
| Stockholders' EquityBook value | $3.2B | $93.6B |
| Total Assets | $9.1B | — |
| Debt / EquityLower = less leverage | 1.53× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $107.4M | $136.6M | ||
| Q4 25 | $107.4M | — | ||
| Q3 25 | $111.3M | — | ||
| Q2 25 | $177.0M | — | ||
| Q1 25 | $109.2M | — | ||
| Q4 24 | $123.4M | — | ||
| Q3 24 | $97.0M | — | ||
| Q2 24 | $103.2M | — |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | $4.5B | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M |
| Q1 26 | $3.2B | $93.6B | ||
| Q4 25 | $3.2B | $934.0M | ||
| Q3 25 | $3.2B | $918.7M | ||
| Q2 25 | $3.2B | $896.4M | ||
| Q1 25 | $3.2B | $893.7M | ||
| Q4 24 | $3.2B | $897.5M | ||
| Q3 24 | $3.1B | $889.0M | ||
| Q2 24 | $3.0B | $868.7M |
| Q1 26 | $9.1B | — | ||
| Q4 25 | $9.1B | $4.3B | ||
| Q3 25 | $8.9B | $3.9B | ||
| Q2 25 | $8.6B | $3.7B | ||
| Q1 25 | $8.6B | $3.7B | ||
| Q4 24 | $8.5B | $4.0B | ||
| Q3 24 | $8.5B | $3.6B | ||
| Q2 24 | $8.4B | $3.6B |
| Q1 26 | 1.53× | — | ||
| Q4 25 | 1.53× | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | 1.42× | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FRT
Segment breakdown not available.
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |