US-listed companies
FEDERAL REALTY INVESTMENT TRUST

FEDERAL REALTY INVESTMENT TRUSTFRT

Market cap

$9.5B

P/E ratio

40x

Income statement Balance sheet Cash flow

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Rental Properties	3,726	4,241	4,491	4,618	5,129	5,631	6,126	6,950	7,308	7,536	7,772	8,815	9,442	9,933
Construction in Progress, Gross	163	194	289	531	480	434	599	685	495	760	811	607	663	613
Real estate, at cost, total	3,896	4,435	4,780	5,149	5,609	6,064	6,759	7,635	7,819	8,298	8,583	9,422	10,104	10,546
Less accumulated depreciation and amortization (including $416,663 and $362,921 of consolidated variable interest entities, respectively)	1,035	1,128	1,224	1,350	1,467	1,574	1,729	1,877	2,059	2,215	2,358	2,531	2,716	2,964
Net real estate	2,861	3,307	3,555	3,799	4,142	4,490	5,030	5,759	5,760	6,083	6,225	6,891	7,389	7,583
Cash and cash equivalents	16	68	37	89	48	21	23	15	64	127	798	162	86	251
Accounts and notes receivable, net	69	76	74	85	93	110	117	210	142	153	160	169	198	202
Mortgage notes receivable, net	45	56	56	55	51	42	30	30	30	30	40	10	9	9
Investment in partnerships	52	34	33	32	37	42	15	24	27	29	22	13	145	35
Operating Lease, Right-of-Use Asset	-	-	-	-	-	-	-	-	-	94	92	91	95	87
Finance lease right of use assets, net	-	-	-	-	-	-	-	-	-	52	51	50	45	7
Prepaid Expense and Other Assets	111	107	133	145	160	190	209	238	266	227	219	237	267	263
TOTAL ASSETS	3,160	3,660	3,899	4,219	4,547	4,912	5,423	6,276	6,290	6,795	7,608	7,622	8,234	8,437
Secured Debt	530	748	761	588	564	483	471	492	474	546	484	340	321	517
Notes Payable	98	295	300	301	291	344	279	320	279	4	403	301	601	602
Unsecured Debt	-	-	-	-	-	-	-	-	-	-	-	3,406	3,408	3,480
Accounts payable and accrued expenses	103	104	121	156	146	147	202	196	178	256	229	235	190	175
Dividends payable	42	44	48	52	61	66	71	76	78	82	84	87	90	93
Security deposits payable	12	12	13	13	14	15	16	17	18	22	20	25	29	30
Operating Lease, Liability	-	-	-	-	-	-	-	-	-	74	72	73	78	76
Finance Lease, Liability	-	-	-	-	-	-	-	-	-	72	72	72	68	13
Other liabilities and deferred credits	-	-	-	-	105	122	116	169	183	158	152	206	238	225
Liabilities	1,978	2,334	2,494	2,644	2,735	2,992	3,204	3,743	3,686	4,019	4,921	4,745	5,022	5,211
Redeemable noncontrolling interests	-	85	94	104	119	137	144	141	136	140	138	214	178	183
5.0% Series C Cumulative Redeemable Preferred	-	-	-	-	-	-	-	-	150	150	150	150	150	150
5.417% Series 1 Cumulative Convertible Preferred	-	-	-	-	-	-	-	-	10	10	10	10	10	10
Preferred Stock, Value, Issued	10	10	10	10	10	10	10	-	-	-	-	-	-	-
Common Stock, Value, Issued	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Additional paid-in capital	1,667	1,765	1,876	2,063	2,281	2,382	2,718	2,855	3,004	3,167	3,297	3,489	3,822	3,959
Accumulated dividends in excess of net income	528	556	587	624	684	725	750	749	819	791	988	1,067	1,034	1,160
Accumulated other comprehensive income	-	-4	-12	-1	-4	-4	-3	0	-0	-1	-6	-2	6	4
Equity, Attributable to Parent	1,181	1,241	1,311	1,471	1,693	1,782	2,076	2,392	2,467	2,636	2,549	2,663	3,034	3,042
Noncontrolling interests	31	25	24	23	88	118	99	125	121	101	85	83	80	79
Total shareholders’ equity	1,181	1,241	1,311	1,471	1,693	1,782	2,076	2,392	2,467	2,636	2,549	2,663	3,034	3,042
Accumulated other comprehensive income	-	-4	-12	-1	-4	-4	-3	0	-0	-1	-6	-2	6	4
Liabilities and Equity	3,160	3,660	3,899	4,219	4,547	4,912	5,423	6,276	6,290	6,795	7,608	7,622	8,234	8,437