Which has the lower trailing P/E, FRT or NNN?

FRT has the lower trailing P/E: FRT trades at 21.71 and NNN at 23.89. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FRT or NNN?

Over the past five years, FRT grew revenue faster — FRT at a 9.79% CAGR versus NNN at 7.06%.

Does FRT or NNN pay a bigger dividend?

FRT yields 3.58% and NNN yields 4.88% based on trailing dividends and the latest price.

Is FRT or NNN more profitable?

NNN runs the higher net margin — FRT at 38.61% versus NNN at 41.38%.

How have FRT and NNN total returns compared?

Over the past 10 years, FRT delivered 0.96% and NNN delivered 4.31% annualized total return. Past performance doesn't predict future results.

Federal Realty Investment Trust (FRT) vs NNN REIT, Inc. (NNN)

A side-by-side comparison of Federal Realty Investment Trust and NNN REIT, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 29, 2026. Differences are shown without an overall score or investment verdict.

FRT

Federal Realty Investment Trust

$10.90B

$126.12Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT

NNN

NNN REIT, Inc.

$9.37B

$49.23Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — FRT vs NNN

growth of $100 · dividends reinvested · last 30y

FRT +2146.9%NNN +2299.9%NNN compounded faster

FRT NNN

FRT vs NNN: by the numbers

•FRT is the larger company ($10.90B vs $9.37B market cap).
•FRT trades at the lower trailing earnings multiple (21.71 vs 23.89 P/E), one valuation lens rather than an overall verdict.
•NNN converts more revenue to profit (41.38% vs 38.61% net margin).
•FRT grew revenue faster over the past five years (9.79% vs 7.06% CAGR).
•NNN pays the higher dividend yield (4.88% vs 3.58%).

Metrics side by side

Valuation

Metric	FRT	NNN
P/E ratio	21.71	23.89
Forward P/E	31.48	24.30
P/S ratio	8.33	9.96
P/B ratio	3.30	2.12
PEG ratio	0.53	2.14
EV / EBITDA	17.02	16.38

Profitability

Metric	FRT	NNN
Gross margin	9.73%	38.00%
Operating margin	41.58%	63.13%
Net margin	38.61%	41.38%
ROE	15.29%	8.81%
ROIC	6.71%	6.39%

Dividends

Metric	FRT	NNN
Dividend yield	3.58%	4.88%
Payout ratio	94.36%	115.94%

Growth (annualized)

Metric	FRT	NNN
Revenue CAGR (5Y)	9.79%	7.06%
EPS CAGR (5Y)	24.22%	11.15%
Total return CAGR (5Y)	6.02%	5.52%

Frequently asked

Which has the lower trailing P/E, FRT or NNN?: FRT has the lower trailing P/E: FRT trades at 21.71 and NNN at 23.89. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FRT or NNN?: Over the past five years, FRT grew revenue faster — FRT at a 9.79% CAGR versus NNN at 7.06%.
Does FRT or NNN pay a bigger dividend?: FRT yields 3.58% and NNN yields 4.88% based on trailing dividends and the latest price.
Is FRT or NNN more profitable?: NNN runs the higher net margin — FRT at 38.61% versus NNN at 41.38%.
How have FRT and NNN total returns compared?: Over the past 10 years, FRT delivered 0.96% and NNN delivered 4.31% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FRT analysis Full NNN analysis Interactive comparison tool

Dig into the metrics

Federal Realty Investment P/E ratio NNN REIT P/E ratio Federal Realty Investment dividend yield NNN REIT dividend yield Federal Realty Investment ROE NNN REIT ROE Federal Realty Investment operating margin NNN REIT operating margin Federal Realty Investment revenue growth NNN REIT revenue growth Federal Realty Investment free cash flow NNN REIT free cash flow

Federal Realty Investment & NNN REIT appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 29, 2026.