First Industrial Realty Trust
FR NYSE· Industrial REITs
Last close · Oct 27, 2026
$55.17
KIRA · Stoqly’s AI analyst, in plain words
- First Industrial Realty Trust had $727M of revenue in fiscal 2025, up 8.6% on the year before. Over five years, revenue changed +10.2% a year on average.
- First Industrial Realty Trust made $247M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 6.6% a year.
- First Industrial Realty Trust returned $231M to shareholders in fiscal 2025. The diluted share count rose 0.1%.
Market cap
$7.3B
P/E
20.1x
Revenue
$727M
Net income
$247M
Free cash flow
—
Operating margin
—
First Industrial Realty Trust in 30 seconds · fiscal 2025
Are sales growing?
+8.6%
Yes. Sales grew 8.6% last year.
Does it make a profit?
34.0%
Yes. It keeps 34.0% of every sale as profit.
How is the share priced?
20.1x
One share costs 20.1 times its yearly profit per share. Typical for its sector: 28.2x.
What First Industrial Realty Trust does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 11, 2026
- Legal name
- FIRST INDUSTRIAL REALTY TRUST, INC.
- CIK
- 0000921825
First Industrial Realty Trust · FR
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $476M | $540M | $614M | $670M | $727M |
| Revenue growth | 6.3% | 13.4% | 13.7% | 9.1% | 8.6% |
| Net income | $271M | $359M | $275M | $288M | $247M |
| Net margin | 56.9% | 66.5% | 44.8% | 42.9% | 34.0% |
| Diluted EPS | $2.09 | $2.72 | $2.07 | $2.17 | $1.87 |
| Cash | |||||
| Cash from operations | $267M | $411M | $305M | $353M | $461M |
| Dividends paid | $140M | $155M | $169M | $194M | $231M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share count change | 1.5% | 1.8% | 0.2% | 0.1% | 0.1% |
| Debt and strength | |||||
| Cash and short-term investments | $58.6M | $133M | $43.8M | $44.5M | $78.0M |
| Shareholders' equity | $2.2B | $2.5B | $2.6B | $2.7B | $2.7B |
| Interest coverage | 7.4x | 7.2x | 4.6x | 4.6x | 4.5x |
| Returns and quality | |||||
| Return on equity | 13.2% | 15.4% | 10.9% | 11.0% | 9.3% |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
First Industrial Realty Trust · FR
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| First Industrial Realty Trus... FR | $7.3B | 8.6% | — | — | — | 20.1x | — |
| EastGroup Properties EGP | $10.6B | 12.7% | — | 56.1% | — | 33.5x | — |
| STAG Industrial STAG | $6.9B | 10.1% | — | 30.6% | — | 28.0x | — |
| Rexford Industrial Realty REXR | $8.6B | 7.1% | — | 20.8% | — | — | — |
| CubeSmart CUBE | $9.3B | 5.3% | — | — | — | 28.4x | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $55.17 a share, the company is worth $7.3B: 20.1 times its earnings of the last four quarters.
First Industrial Realty Trust grew sales faster than 2 of its 4 similar companies. Its P/E is higher than 0 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000921825). Data updated October 22, 2026. For information only — not investment advice. Check the original filings before relying on any figure.