First Industrial Realty Trust, Inc. (FR)

NYSE: FR · USD

$54.3

-0.84 (-1.5%)· Recorded snapshot

Market cap	7.4B
Revenue (ttm)	775.9M
Net income (ttm)	357.4M
EPS (ttm)	$2.70
Shares out	137M
P/E (trailing)	20.1x
P/E (forward)	30.8x
Dividend	$2.00 (3.69%)
Volume	2,002,357
Beta	1.04

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 775.9M
Net income (ttm): 357.4M
EPS (ttm): $2.70
P/E (trailing): 20.1x
P/E (forward): 30.8x
Market cap: 7.4B

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AMT	American Tower Corporation	85.1B	25.8x	7.5x	7.8%	+4.0%	+0.7%	Reduce
ARE	Alexandria Real Estate Equities Inc.	6.9B	—	2.4x	0.9%	+6.6%	-45.8%	Hold
CCI	Crown Castle Inc.	37.4B	46.3x	9.1x	5.1%	-7.9%	-6.2%	Sell

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E30.8

P25 n/aP50 n/aP75 n/a

Trailing P/E20.1

P25 n/aP50 n/aP75 n/a

ROE13.4

P25 n/aP50 n/aP75 n/a

ROIC5.7

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All FR indicators

Market & fundamental data

Available fields

255

Groups with data

Currency

USD

Showing 255 of 255 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000921825
Company name	First Industrial Realty Trust, Inc.
Country	United States
Country code	US
CUSIP number	32054K103
Earnings date	2026-10-21
Earnings time	amc
Employees	152
Employees change	1
Employees growth	0.66%
Enterprise value	$10.1B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-09-30
First seen	2026-05-09
Fiscal year end	December
Founded	1993
Industry	REIT - Industrial
IPO date	1994-06-23
Is primary listing	Yes
Is SPAC	No
ISIN number	US32054K1034
Last 10-K release date	2026-02-11
Last earnings date	2026-10-21
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$7.4B
Market cap category	Mid-Cap
Next earnings date	2027-02-03
Options	Yes
Price	$54.33
Price currency	USD
Sector	Real Estate
SIC code	6798
Stock price date	2026-10-28
Symbol	FR
U.S. state	Illinois
Website	https://www.firstindustrial.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	20.2x
Average P/E ratio (10Y)	24.13x
Average P/E ratio (3Y)	24.62x
Average P/E ratio (5Y)	23.89x
Earnings yield	4.96%
EV/Earnings	28.35x
EV/EBIT	31.38x
EV/EBITDA	19.05x
EV/Sales	13.06x
FCF / EV yield	-1.92%
FCF yield	-2.59%
Forward EV/Sales	12.26x
Forward P/E	30.83x
Forward P/S	9.09x
Graham number	35.64082
Graham upside	-35.01%
Industry forward P/E	36.13x
Industry P/E	37.63x
Lynch fair value	$22.35
Lynch upside	-59.24%
P/B ratio	2.63x
P/E ratio	20.15x
P/FFO ratio	17.82x
P/OCF ratio	17.04x
P/S ratio	9.69x
Price / tangible book value	2.71x
Price/EBITDA ratio	14.13x
Sector forward P/E	30.05x
Sector P/E	41.82x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	41.61%
EBITDA margin	68.57%
Effective tax rate	3.16%
Gross margin	73.75%
Operating margin	41.61%
Pretax margin	49.92%
Profit margin	46.09%
Profit per employee	$2.4M
Profitable quarters	54
Profitable years	13
Revenue per employee	$5.1M
ROA	3.55%
ROA (5Y)	3.44%
ROCE	5.72%
ROE	13.37%
ROE (5Y)	12.17%
ROIC	5.69%
ROIC (5Y)	5.64%
Tax / revenue	1.58%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	50.73%
EPS growth (Q)	-10.2%
EPS growth (QoQ)	-24.14%
EPS growth 10Y	8.1%
EPS growth 3Y	10.1%
EPS growth 5Y	7.75%
EPS growth years	0
Net income growth	50.88%
Net income growth (Q)	-10.35%
Net income growth (QoQ)	-24.06%
Net income growth 3Y	10.16%
Net income growth 5Y	8.29%
Net income growth years	0
OCF growth	5.99%
OCF growth (Q)	-6.88%
OCF growth (QoQ)	1.83%
OCF growth 10Y	10.09%
OCF growth 3Y	13.03%
OCF growth 5Y	12.31%
Revenue growth	8.66%
Revenue growth (Q)	8.54%
Revenue growth (QoQ)	1.11%
Revenue growth 10Y	7.59%
Revenue growth 3Y	8.7%
Revenue growth 5Y	10.69%
Revenue growth quarters	56
Revenue growth years	14

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-635.7M
Depreciation and amortization	$199.9M
EBIT	$322.9M
EBITDA	$532M
EPS	$2.70
FCF per share	$-1.42
Financing cash flow	$-37.4M
Free cash flow	$-194.8M
Funds from operations (FFO)	$419.9M
Gross profit	$572.2M
Income taxes	$12.3M
Investing cash flow	$-397.9M
Net cash flow	$5.6M
Net income	$357.4M
Operating income	$322.9M
Revenue	$775.9M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	$20.94
Debt / EBITDA	4.97
Debt / equity	0.93
Interest coverage	3.19
Net cash (debt)	$-2.6B
Net cash / market cap	-34.84%
Net debt / EBITDA	4.92
Net debt / equity	0.91
Piotroski F-Score	6
Property, plant and equipment	$5.4B
Shareholders' equity	$2.9B
Tangible book value	$2.8B
Tangible book value per share	$20.94
Total assets	$5.9B
Total cash	$42.4M
Total debt	$2.7B
Total liabilities	$3B
WACC	8.33%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.14
Current ratio	1.15
Net working capital	$-8.6M
Quick ratio	1.06
Working capital	$33.8M

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.13%
Dividend growth	14.08%
Dividend growth (10Y)	10.8%
Dividend growth (3Y)	15.72%
Dividend growth (5Y)	12.91%
Dividend growth years	12
Dividend payment date	2026-10-19
Dividend payment years	14
Dividend payout frequency	Quarterly
Dividend per share	$2.00
Dividend yield	3.69%
Ex-dividend date	2026-09-30
Last dividend	$0.50
Payout ratio	74.18%
Shareholder yield	3.52%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	108.45%
10Y return CAGR	10.6%
10Y total return	173.74%
150-day SMA	$61.96
15Y price change	431.83%
15Y return CAGR	14.52%
15Y total return	663.92%
1D price change	-1.53%
1M price change	-11.23%
1M total return	-10.5%
1W price change	-8.26%
1W total return	-8.26%
1Y price change	-4.01%
1Y return CAGR	-0.83%
1Y total return	-0.83%
20-day SMA	$58.06
200-day SMA	$61.41
20Y price change	18.17%
20Y return CAGR	3.67%
20Y total return	105.71%
3M price change	-18.3%
3M total return	-17.62%
3Y price change	33.61%
3Y return CAGR	13.64%
3Y total return	46.76%
50-day SMA	$60.31
50-day SMA vs 200-day SMA	50under200
52-week high	$69.88
52-week high date	2026-07-17
52-week low	$54.17
52-week low date	2026-10-23
5Y price change	-5.57%
5Y return CAGR	1.68%
5Y total return	8.69%
6M price change	-12.52%
6M total return	-11.1%
All-time high	$69.88
All-time high date	2026-07-17
All-time low	$1.76
All-time low date	2009-03-03
Average true range (ATR)	$1.29
Average volume	1.7M
Beta (1Y)	0.41
Beta (2Y)	0.59
Beta (5Y)	1.04
Change from 52-week high	-22.26%
Change from 52-week low	0.29%
Change from all-time high	-22.3%
Change from all-time low	2,985.23%
Change from open	-1.19%
Day's gap	-0.34%
Dollar volume	$108.8M
High price	$54.98
Low price	$54.17
Monthly RSI	47.04
Open price	$54.98
Position in 52-week range	19.14%
Premarket change	0.09%
Premarket close	$55.17
Premarket price	$55.22
Previous close	$55.17
Price vs 150-day SMA	-12.36%
Price vs 20-day SMA	-6.47%
Price vs 200-day SMA	-11.57%
Price vs 50-day SMA	-9.97%
Relative volume	1.2
RSI	27.55
Sharpe ratio	-0.15
Sharpe ratio (3Y)	0.46
Sharpe ratio (5Y)	-0
Sortino ratio	0.08
Sortino ratio (3Y)	0.91
Sortino ratio (5Y)	0.24
Volume	2M
Weekly RSI	30.83
YTD price change	-5.19%
YTD total return	-2.8%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	131.7M
Float percentage	96.11%
Shares change (QoQ)	0.01%
Shares change (YoY)	0.13%
Shares held by insiders	0.34%
Shares held by institutions	102.81%
Shares outstanding	137M
Short % of float	4.13%
Short % of shares	3.97%
Short ratio	5.2 days

Deeper analysis on FR

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Frequently asked questions

About this FR report

Is a complete FR research report available?

No complete published report is available for First Industrial Realty Trust, Inc. (FR) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

First Industrial Realty Trust, Inc. (FR)

Price

Financial snapshot

Fair-value bridge

Latest news · FR

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All FR indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on FR

Frequently asked questions