First Industrial Realty Trust, Inc. (FR)
NYSE: FR · Real-Time Price · USD
63.39
-0.78 (-1.22%)
At close: Aug 6, 2026, 4:00 PM EDT
64.00
+0.61 (0.96%)
Pre-market: Aug 7, 2026, 6:32 AM EDT

FR Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
759.61727.08669.64614.03539.93476.29
Revenue Growth
8.44%8.58%9.06%13.72%13.36%6.31%
Gross Profit
559.97534.97485.29444.71395.36344.99
Operating Income
315.88307.71272.42244.63213.97179.43
Net Income
364.17247.3287.34274.58358.79270.7
Earnings Per Share
2.741.872.172.072.722.09
EPS Growth
33.66%-13.83%4.83%-23.90%30.14%36.60%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Lease
754.2719.22660.97602.29532.24473.24
Joint Venture
0.711.362.555.161.320.32
Other
4.76.496.136.576.372.73
Revenue (Total)
759.61727.08669.64614.03539.93476.29

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
46.0578.0344.5143.84133.2458.59
Total Debt
2,5842,5732,2272,2462,0891,633
Net Cash (Debt)
-2,538-2,495-2,182-2,202-1,955-1,574
Net Cash Growth
------
Net Cash Per Share
-19.14-18.83-16.48-16.64-14.80-12.13

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
449.49461.26352.49304.82410.94266.9
Capital Expenditures
-529.59-630.29-289.43-492.98-827.69-667.01
Free Cash Flow
-80.09-169.0363.06-188.17-416.75-400.11
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
73.72%73.58%72.47%72.42%73.22%72.43%
Operating Margin
41.59%42.32%40.68%39.84%39.63%37.67%
Pretax Margin
47.74%33.65%44.47%42.72%53.72%59.25%
Profit Margin
46.14%31.55%43.56%41.31%49.39%58.23%
FCF Margin
-10.54%-23.25%9.42%-30.65%-77.19%-84.01%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.0001.7801.4801.2801.1801.080
Dividend Per Share Growth
15.95%20.27%15.63%8.48%9.26%8.00%
Dividend Yield
3.15%3.05%2.92%2.43%2.44%1.63%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
23.0730.6323.1025.4417.7431.67
P/FCF Ratio
--105.21---
PS Ratio
11.4210.439.9111.3511.8118.31