Federal Realty Investment Trust Debt-to-EBITDA Ratio Growth & History (FRT)
Federal Realty Investment Trust's debt-to-ebitda ratio was 5.17 for fiscal 2025.
View full Federal Realty Investment Trust company overviewFederal Realty Investment Trust annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 5.17 | −0.41 | −7.36% |
| 2024 | 2024-12-31 | 5.58 | −0.84 | −13.06% |
| 2023 | 2023-12-31 | 6.42 | 1.10 | +20.73% |
| 2022 | 2022-12-31 | 5.32 | −0.79 | −12.93% |
| 2021 | 2021-12-31 | 6.11 | −1.91 | −23.80% |
| 2020 | 2020-12-31 | 8.01 | 3.19 | +66.02% |
| 2019 | 2019-12-31 | 4.83 | −0.50 | −9.44% |
| 2018 | 2018-12-31 | 5.33 | 0.08 | +1.62% |
| 2017 | 2017-12-31 | 5.25 | −0.19 | −3.55% |
| 2016 | 2016-12-31 | 5.44 | −0.09 | −1.69% |
| 2015 | 2015-12-31 | 5.53 | 0.08 | +1.43% |
| 2014 | 2014-12-31 | 5.45 | −0.14 | −2.53% |
| 2013 | 2013-12-31 | 5.59 | 0.01 | +0.21% |
| 2012 | 2012-12-31 | 5.58 | −0.41 | −6.78% |
| 2011 | 2011-12-31 | 5.99 | 0.91 | +17.98% |
| 2010 | 2010-12-31 | 5.08 | 4.88 | +2541.00% |
| 2009 | 2009-12-31 | 0.19 | — | — |
Federal Realty Investment Trust quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 4.71 | 4.61 | +4672.89% |
| Q1 2026 | 2026-03-31 | 0.08 | −0.03 | −26.00% |
| Q4 2025 | 2025-12-31 | 5.17 | −0.41 | −7.36% |
| Q3 2025 | 2025-09-30 | 0.10 | −0.01 | −11.27% |
| Q2 2025 | 2025-06-30 | 0.10 | −0.01 | −11.14% |
| Q1 2025 | 2025-03-31 | 0.11 | −0.01 | −11.72% |
| Q4 2024 | 2024-12-31 | 5.58 | −0.84 | −13.06% |
| Q3 2024 | 2024-09-30 | 0.11 | −0.08 | −41.77% |
| Q2 2024 | 2024-06-30 | 0.11 | −0.06 | −34.09% |
| Q1 2024 | 2024-03-31 | 0.12 | −0.05 | −30.47% |
| Q4 2023 | 2023-12-31 | 6.42 | 1.10 | +20.73% |
| Q3 2023 · Sep 30 | 2023-09-30 | 0.19 | 0.01 | +5.08% |
| Q2 2023 | 2023-06-30 | 0.17 | −0.03 | −17.18% |
| Q1 2023 | 2023-03-31 | 0.17 | −0.04 | −18.49% |
| Q4 2022 | 2022-12-31 | 5.32 | −0.79 | −12.93% |
| Q3 2022 · Sep 30 | 2022-09-30 | 0.18 | −0.04 | −18.67% |
| Q2 2022 | 2022-06-30 | 0.20 | −0.05 | −19.46% |
| Q1 2022 | 2022-03-31 | 0.21 | −0.04 | −15.32% |
| Q4 2021 | 2021-12-31 | 6.11 | −1.91 | −23.80% |
| Q3 2021 · Sep 30 | 2021-09-30 | 0.22 | −0.04 | −14.57% |
| Q2 2021 | 2021-06-30 | 0.25 | 0.03 | +12.82% |
| Q1 2021 | 2021-03-31 | 0.25 | 0.04 | +20.42% |
| Q4 2020 | 2020-12-31 | 8.01 | 3.19 | +66.02% |
| Q3 2020 | 2020-09-30 | 0.26 | 0.02 | +9.55% |
| Q2 2020 | 2020-06-30 | 0.22 | −0.01 | −4.50% |
| Q1 2020 | 2020-03-31 | 0.21 | −0.04 | −14.54% |
| Q4 2019 | 2019-12-31 | 4.83 | −0.50 | −9.44% |
| Q3 2019 | 2019-09-30 | 0.23 | 0.13 | +119.52% |
| Q2 2019 | 2019-06-30 | 0.23 | 0.13 | +115.41% |
| Q1 2019 | 2019-03-31 | 0.24 | 0.13 | +116.40% |
| Q4 2018 | 2018-12-31 | 5.33 | 0.08 | +1.62% |
| Q3 2018 · Sep 30 | 2018-09-30 | 0.11 | −0.03 | −19.52% |
| Q2 2018 | 2018-06-30 | 0.11 | −0.03 | −19.42% |
| Q1 2018 | 2018-03-31 | 0.11 | −0.03 | −18.47% |
| Q4 2017 | 2017-12-31 | 5.25 | −0.19 | −3.55% |
| Q3 2017 | 2017-09-30 | 0.13 | −0.01 | −6.65% |
| Q2 2017 | 2017-06-30 | 0.14 | −0.01 | −6.59% |
| Q1 2017 | 2017-03-31 | 0.14 | −0.01 | −7.16% |
| Q4 2016 | 2016-12-31 | 5.44 | −0.09 | −1.69% |
| Q3 2016 | 2016-09-30 | 0.14 | −0.01 | −7.44% |
| Q2 2016 | 2016-06-30 | 0.14 | −0.01 | −7.50% |
| Q1 2016 | 2016-03-31 | 0.15 | −0.01 | −7.64% |
| Q4 2015 | 2015-12-31 | 5.53 | 0.08 | +1.43% |
| Q3 2015 · Sep 30 | 2015-09-30 | 0.15 | −0.01 | −7.76% |
| Q2 2015 | 2015-06-30 | 0.16 | −0.01 | −7.24% |
| Q1 2015 | 2015-03-31 | 0.16 | −0.01 | −6.59% |
| Q4 2014 | 2014-12-31 | 5.45 | −0.14 | −2.53% |
| Q3 2014 · Sep 30 | 2014-09-30 | 0.17 | −0.01 | −4.81% |
| Q2 2014 | 2014-06-30 | 0.17 | −0.01 | −3.99% |
| Q1 2014 | 2014-03-31 | 0.17 | −0.01 | −4.19% |
| Q4 2013 | 2013-12-31 | 5.59 | 0.01 | +0.21% |
| Q3 2013 | 2013-09-30 | 0.17 | −0.01 | −6.93% |
| Q2 2013 | 2013-06-30 | 0.18 | −0.02 | −9.50% |
| Q1 2013 | 2013-03-31 | 0.18 | −0.02 | −9.86% |
| Q4 2012 | 2012-12-31 | 5.58 | −0.41 | −6.78% |
| Q3 2012 | 2012-09-30 | 0.19 | 0.01 | +4.31% |
| Q2 2012 | 2012-06-30 | 0.19 | 0.02 | +14.44% |
| Q1 2012 | 2012-03-31 | 0.20 | 0.03 | +15.33% |
| Q4 2011 | 2011-12-31 | 5.99 | 0.91 | +17.98% |
| Q3 2011 | 2011-09-30 | 0.18 | — | — |
| Q2 2011 | 2011-06-30 | 0.17 | — | — |
| Q1 2011 | 2011-03-31 | 0.17 | — | — |
| Q4 2010 | 2010-12-31 | 5.08 | — | — |
Federal Realty Investment Trust debt-to-ebitda ratio trends
Over the last five fiscal years, Federal Realty Investment Trust's debt-to-ebitda ratio decreased from 8.01 to 5.17, a change of −2.84. The latest reported quarter, Q2 2026, shows 4.71.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Federal Realty Investment Trust source filings ↗