Financial insights of FRT-PC

MyFinsight

For the year ending 2025-12-31, FRT-PC made $1,278,975K in revenue. $403,045K in net income. Net profit margin of 31.51%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total revenue	1,278,975	1,202,452	1,132,154	1,074,378
Rental expenses	267,445	249,569	231,666	228,958
Real estate taxes	151,438	142,230	131,429	127,824
General and administrative	46,913	49,739	50,707	52,636
Depreciation and amortization	367,842	342,598	321,763	302,409
Total operating expenses	833,638	784,136	735,565	711,827
Impairment charge	-	-	-	0
Gain on deconsolidation of vie	-	0	0	70,374
New market tax credit transaction income	14,176	-	-	-
Gain on sale of real estate	150,111	54,040	-	-
Gain on sale of real estate and change in control of interest	-	-	9,881	93,483
Impairment charge	7,425	-	-	-
Operating income	602,199	472,356	406,470	526,408
Other interest income	3,143	4,294	4,687	1,072
Interest expense	183,614	175,476	167,809	136,989
Early extinguishment of debt	-	-	-	0
Income from partnerships	1,920	3,160	3,869	5,170
Net income	423,648	304,334	247,217	395,661
Net income attributable to noncontrolling interests	12,571	9,126	10,232	10,170
Net income attributable to the trust / partnership	411,077	295,208	236,985	385,491
Distributions declared to preferred unit holders-Partnership Interest	8,032	8,032	8,032	8,034
Net income available for common unit holders	403,045	287,176	228,953	377,457

Net income available for common shareholders	4.68	3.42	2.8	4.71
Net income available for common shareholders	4.68	3.42	2.8	4.71
Weighted average number of common shares	85,852,000	83,559,000	81,313,000	79,854,000
Weighted average number of common shares	86,405,000	83,566,000	81,313,000	80,508,000