First Industrial Realty Trust, Inc. (FR)

FR Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	264.08	295.99	285.84	381.61	277.17
Depreciation & Amortization	153.97	142.85	134.05	122.66	111.3
Stock-Based Compensation	46.15	37.09	34.09	32.85	31.18
Other Adjustments	-20.61	-134.12	-142.38	-152.63	-166.23
Changes in Other Operating Activities	17.67	10.68	-6.78	26.46	13.47
Operating Cash Flow	461.26	352.49	304.82	410.94	266.9
Operating Cash Flow Growth	30.86%	15.64%	-25.82%	53.97%	11.01%
Capital Expenditures	-630.29	-289.43	-492.98	-827.69	-667.01
Sale of Property, Plant & Equipment	40.05	158.92	120.41	175.41	234.73
Purchases of Investments	-0.15	-5.73	-12.35	-5.62	-1.55
Proceeds from Sale of Investments	-	-	-	29.36	21.41
Other Investing Activities	70.43	0.39	6.62	-0.56	-4.4
Investing Cash Flow	-524.18	-131.62	-378.31	-629.11	-416.82
Short-Term Debt Issued	775	321	374	720	289
Short-Term Debt Repaid	-874	-338	-218	-656	-210
Net Short-Term Debt Issued (Repaid)	-99	-17	156	64	79
Long-Term Debt Issued	443.77	-	-	465	-
Long-Term Debt Repaid	-0.35	-0.34	-0.32	-69.47	-64.45
Net Long-Term Debt Issued (Repaid)	443.42	-0.34	-0.32	395.54	-64.45
Issuance of Common Stock	-	-	-	12.82	145.76
Net Common Stock Issued (Repurchased)	-	-	-	12.82	145.76
Common Dividends Paid	-231.22	-193.48	-169.37	-155.33	-139.71
Other Financing Activities	-23.93	-2.21	-14.09	-12.52	-11.55
Financing Cash Flow	89.27	-213.03	-27.78	304.5	9.05
Net Cash Flow	26.35	7.84	-101.27	86.34	-140.88
Free Cash Flow	-169.03	63.06	-188.17	-416.75	-400.11
FCF Margin	-23.25%	9.42%	-30.65%	-77.19%	-84.01%
Free Cash Flow Per Share	-1.28	0.48	-1.42	-3.15	-3.08
Levered Free Cash Flow	380.51	421.67	339.37	498.88	14.01
Unlevered Free Cash Flow	-170.16	130.96	-129.18	-481.85	-365.91

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q