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RLJ Lodging Trust vs Federal Realty Investment Trust: RLJ and FRT compared
RLJ Lodging Trust is the larger company: $354M of revenue in its latest quarter (Q3 2026) against $336M for Federal Realty Investment Trust (Q2 2026). Federal Realty Investment Trust is growing faster (+8% against +7% a year earlier). Federal Realty Investment Trust is more profitable, with an operating margin of 41.3% against 1.4%.
Where the money goes: RLJ and FRT
RLJ Lodging Trust (RLJ) · Q3 2026
RLJ Lodging Trust, Q3 2026: revenue $354M (+7% year over year), operating margin 1.4%, net earnings $4.6M, operating cash flow $69.0M. The chart follows the revenue to costs, profit and cash.
Federal Realty Investment Trust (FRT) · Q2 2026
Federal Realty Investment Trust, Q2 2026: revenue $336M (+8% year over year), operating margin 41.3%, net earnings $85.7M, operating cash flow $154M. The chart follows the revenue to costs, profit and cash.
| RLJ Lodging Trust (RLJ) | Federal Realty Investment Trust (FRT) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $354M | $336M |
| Revenue growth, Y/Y | +7% | +8% |
| Operating margin | 1.4% | 41.3% |
| Net earnings | $4.6M | $85.7M |
| Net margin | 1.3% | 25.5% |
| Operating cash flow | $69.0M | $154M |
| Free cash flow | $41.8M | $114M |
| Market value | $1.9B | $9.5B |
| P/E | 52.1× | 18.9× |
| Analysts’ mean target | $12.10 | $126.95 |
Where the revenue comes from
RLJ Lodging Trust
- Room Revenue: $288M (81%)
- Food and Beverage Revenue: $38.2M (11%)
- Other Revenue: $27.9M (8%)
Questions
Which is bigger, RLJ Lodging Trust or Federal Realty Investment Trust?
RLJ Lodging Trust is the larger company: $354M of revenue in its latest quarter (Q3 2026) against $336M for Federal Realty Investment Trust (Q2 2026).
Is RLJ Lodging Trust or Federal Realty Investment Trust growing faster?
Federal Realty Investment Trust is growing faster (+8% against +7% a year earlier).
Which is more profitable, RLJ Lodging Trust or Federal Realty Investment Trust?
Federal Realty Investment Trust is more profitable, with an operating margin of 41.3% against 1.4%.
More: RLJ Lodging Trust earnings · how RLJ Lodging Trust makes money · Federal Realty Investment Trust earnings · how Federal Realty Investment Trust makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Jul 31, 2026). Fiscal quarters can end on different dates. Not investment advice.