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First Industrial Realty Trust Inc

Real Estate US FR

62.78USD
1.89(3.10%)

Last update at 2026-06-09T16:04:00Z

Day Range

61.5963.19
LowHigh

52 Week Range

44.9464.66
LowHigh

Fundamentals

  • Previous Close 60.89
  • Market Cap8637.83M
  • Volume148983
  • P/E Ratio33.80
  • Dividend Yield2.76%
  • EBITDA503.28M
  • Revenue TTM727.56M
  • Revenue Per Share TTM5.49
  • Gross Profit TTM 535.45M
  • Diluted EPS TTM1.87

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 279.36M 302.06M 294.53M 290.03M 282.21M
Minority interest -16.63600M -8.43400M -11.02100M -22.47800M -6.17400M
Net income 247.44M 287.34M 274.82M 266.67M 271.00M
Selling general administrative 41.95M 40.94M 37.12M 33.97M 34.61M
Selling and marketing expenses - - - - -
Gross profit 164.34M 486.82M 448.37M 396.27M 344.99M
Reconciled depreciation 195.08M 176.29M 164.51M 147.42M 130.95M
Ebit 383.51M 380.74M 336.66M 210.78M 176.00M
Ebitda 568.83M 557.03M 501.17M 358.20M 306.96M
Depreciation and amortization 185.32M 176.29M 164.51M 147.42M 130.95M
Non operating income net other - - - 191.01M 102.62M
Operating income 307.71M 272.42M 244.63M 210.78M 176.00M
Other operating expenses 419.37M 397.22M 369.39M 325.96M 296.86M
Interest expense 89.92M 82.97M 74.33M 49.01M 44.10M
Tax provision 15.28M 6.08M 8.69M 23.36M 4.88M
Interest income 55.25M 82.32M 45.75M 62.74M 47.69M
Net interest income -89.91900M -86.61900M -77.96100M -52.20000M -47.52600M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 15.28M 6.08M 8.69M 23.36M 4.88M
Total revenue 727.08M 669.64M 614.03M 539.93M 476.29M
Total operating expenses -143.37100M 214.40M 203.74M 182.30M 165.56M
Cost of revenue 562.74M 182.82M 165.66M 143.66M 131.30M
Total other income expense net -28.34500M 29.65M 49.90M 79.25M 106.21M
Discontinued operations - - - - -
Net income from continuing ops 264.08M 295.99M 285.84M 381.61M 277.17M
Net income applicable to common shares 247.30M 287.34M 274.58M 358.79M 270.70M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 5688.08M 5261.43M 5175.77M 4954.32M 4179.10M
Intangible assets 32.08M 19.31M 21.52M 24.09M 21.32M
Earning assets - - - - -
Other current assets 5.93M 34.06M 25.80M 200.10M -4490.20800M
Total liab 2929.15M 2515.40M 2540.66M 2424.02M 1930.73M
Total stockholder equity 2671.39M 2665.61M 2562.97M 2530.30M 2248.37M
Deferred long term liab - - - 3.29M 4.58M
Other current liab -52.10900M 51.19M 44.20M 41.26M 37.18M
Common stock 1.32M 1.32M 1.32M 1.32M 1.32M
Capital stock 1.32M 1.32M 1.32M 1.32M 1.32M
Retained earnings 230.67M 219.09M 127.71M 23.13M -178.29300M
Other liab - - - 115.32M 107.84M
Good will - - - - -
Other assets 0.00000M 5026.85M 25.80M 4633.53M 0.00029M
Cash 78.03M 44.51M 43.84M 133.24M 58.59M
Cash and equivalents 78.03M 44.51M 43.84M 133.24M 58.59M
Total current liabilities 241.90M 570.49M 175.78M 363.14M 269.27M
Current deferred revenue 114.77M 104.56M 106.73M - -
Net debt 2494.81M 2182.40M 2203.23M 1955.32M 1574.02M
Short term debt 0.36M 282.00M 0.78M 143.00M 79.00M
Short long term debt 183.00M 282.00M 299.00M 143.00M 79.00M
Short long term debt total 2572.85M 2226.91M 2247.07M 2088.57M 1632.61M
Other stockholder equity 2436.24M 2445.19M 2433.95M 2472.43M 2429.59M
Property plant equipment 5195.50M 4780.55M 4728.96M 4421.56M 3778.15M
Total current assets 276.91M 248.77M 224.67M 475.27M 318.66M
Long term investments 5.66M 51.18M 44.66M 8.82M 36.05M
Net tangible assets - - - 2435.11M 2000.83M
Short term investments - - - 8.82M 4646.44M
Net receivables 192.94M 170.19M 155.03M 130.05M 103.83M
Long term debt 2370.40M 1927.30M 1925.30M 1923.30M 1531.02M
Inventory 0.00000M 4.63M 0.00000M 11.87M 4646.44M
Accounts payable 178.88M 132.74M 130.80M 178.88M 153.10M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - 71.10M 53.56M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 3.16M 239.03M 149.98M 33.41M -4.23800M
Additional paid in capital - - - - -
Common stock total equity - - - 1.32M 1.32M
Preferred stock total equity - - - - -
Retained earnings total equity - - - 23.13M -178.29300M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 5353.84M 161.62M 155.96M 4421.56M 3799.46M
Deferred long term asset charges - - - - -
Non current assets total 5411.17M 5012.66M 4951.09M 4479.05M 3860.44M
Capital lease obligations 19.45M 17.61M 21.99M 22.27M 22.59M
Long term debt total 2553.40M 2209.30M 2224.30M 1923.30M 1531.02M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -131.62000M -440.52100M -629.10800M 19.86M
Change to liabilities - - - 31.31M 13.95M
Total cashflows from investing activities -524.17900M -131.62000M -378.30600M -629.10800M -416.82300M
Net borrowings 344.42M -17.33500M 155.68M 459.54M 14.55M
Total cash from financing activities 89.19M -210.96000M -25.27300M 304.55M 8.91M
Change to operating activities - - - - -
Net income 264.08M 287.34M 274.58M 381.61M 277.17M
Change in cash 26.35M 7.84M -101.27400M 86.34M -140.87800M
Begin period cash flow 51.68M 43.84M 145.12M 58.78M 199.66M
End period cash flow 78.03M 51.68M 43.84M 145.12M 58.78M
Total cash from operating activities 461.34M 350.42M 302.31M 410.90M 267.03M
Issuance of capital stock - 0.00000M 0.00000M 12.82M 145.76M
Depreciation 195.08M 171.94M 162.95M 152.32M 139.06M
Other cashflows from investing activities -519.81200M -279.08600M -365.95700M 198.59M -4.40000M
Dividends paid 231.22M 193.48M 169.37M -155.33300M -139.71000M
Change to inventory - - 6.78M - -
Change to account receivables -11.23600M -0.71000M -2.36500M -4.89800M -0.33700M
Sale purchase of stock -1.61500M -2.07000M -2.51000M 12.75M 289.00M
Other cashflows from financing activities -22.39200M -0.14300M -11.58400M 1172.52M -11.68500M
Change to netincome - - - 13.34M 9.05M
Capital expenditures 346.45M 215.56M 361.93M 827.69M 233.18M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - 567.68M 575.33M
Change in working capital 17.75M 10.68M -6.78100M 26.41M 13.61M
Stock based compensation 20.30M 37.09M 16.67M 32.84M 31.18M
Other non cash items -15.57200M -119.54600M -128.44900M -182.29100M -162.80700M
Free cash flow 114.89M 134.85M -59.62200M 410.90M 33.85M

Peer Comparison

Sector: Real Estate Industry: REIT - Industrial

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
FR
First Industrial Realty Trust Inc
1.89 3.10% 62.78 33.80 36.76 11.87 3.14 14.96 20.73
PLD
Prologis Inc
3.86 2.70% 146.64 42.17 52.08 14.75 2.25 18.70 23.08
PSA
Public Storage
9.36 3.01% 320.44 27.33 27.32 11.54 8.95 14.45 20.02
PLDGP
Prologis Inc
-0.1 0.19% 53.40 10.93 - 5.05 -
EXR
Extra Space Storage Inc
3.72 2.57% 148.72 32.06 33.67 9.20 2.31 13.29 18.59

Reports Covered

Stock Research & News

Profile

First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. In total, we own and have under development approximately 71.6 million square feet of industrial space concentrated in 15 target MSAs as of December 31, 2025. First Industrial Realty Trust, Inc. was incorporated in 1993 in Maryland, USA,

First Industrial Realty Trust Inc

One North Wacker Drive, Chicago, IL, United States, 60606-6627

Key Executives

Name Title Year Born
Mr. Peter E. Baccile Pres, CEO & Director 1962
Mr. Johannson L. Yap Co-Founder, Chief Investment Officer & Exec. VP of West Region 1963
Mr. Scott A. Musil CFO, Sr. VP, Treasurer & Assistant Sec. 1968
Ms. Jennifer E. Matthews Rice Gen. Counsel & Sec. 1971
Mr. Peter O. Schultz Jr. Exec. VP 1963
Mr. Christopher M. Schneider CPA Sr. VP of Operations & Chief Information Officer NA
Ms. Sara E. Niemiec Chief Accounting Officer NA
Mr. Arthur J. Harmon VP of Investor Relations & Marketing NA
Ms. Brenda Smith VP of HR NA
Mr. Adam Moore Sr. Regional Director of Chicago - Milwaukee NA

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