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
63.99
+0.60 (0.95%)
Pre-market: Aug 7, 2026, 7:10 AM EDT
FR Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property Revenue | 754.2 | 719.22 | 660.97 | 602.29 | 532.24 | 473.24 |
Service and Other Revenue | 5.41 | 7.86 | 8.67 | 11.73 | 7.69 | 3.05 |
| 759.61 | 727.08 | 669.64 | 614.03 | 539.93 | 476.29 | |
Revenue Growth | 8.44% | 8.58% | 9.06% | 13.72% | 13.36% | 6.31% |
Property Expenses | 199.29 | 191.48 | 182.82 | 165.66 | 143.66 | 131.3 |
Service and Other Expenses | 0.34 | 0.63 | 1.53 | 3.67 | 0.91 | - |
Total Property Expenses | 199.63 | 192.11 | 184.35 | 169.32 | 144.57 | 131.3 |
Gross Profit | 559.97 | 534.97 | 485.29 | 444.71 | 395.36 | 344.99 |
Selling, General & Admin | 49.44 | 41.95 | 40.94 | 37.12 | 33.97 | 34.61 |
Depreciation & Amortization Expenses | 194.65 | 185.32 | 171.94 | 162.95 | 147.42 | 130.95 |
Operating Income | 315.88 | 307.71 | 272.42 | 244.63 | 213.97 | 179.43 |
Net Gains on Disposal of Properties | 144.56 | 26.91 | 111.97 | 95.65 | 128.27 | 150.31 |
Interest Expense | -97.83 | -89.92 | -86.62 | -77.96 | -52.2 | -47.53 |
Total Non-Operating Income (Expense) | 46.74 | -63.01 | 25.35 | 17.69 | 76.07 | 102.78 |
Pretax Income | 362.62 | 244.69 | 297.77 | 262.32 | 290.03 | 282.21 |
Provision for Income Taxes | 12.14 | 15.28 | 6.08 | 8.69 | 23.36 | 4.88 |
Net Income | 350.48 | 229.41 | 291.69 | 253.63 | 266.67 | 277.33 |
Minority Interest in Earnings | -13.69 | -17.89 | 4.35 | -20.95 | -92.12 | 6.63 |
Net Income to Common | 364.17 | 247.3 | 287.34 | 274.58 | 358.79 | 270.7 |
Net Income Growth | 34.44% | -13.94% | 4.65% | -23.47% | 32.54% | 38.12% |
Shares Outstanding (Basic) | 133 | 132 | 132 | 132 | 132 | 130 |
Shares Outstanding (Diluted) | 133 | 133 | 132 | 132 | 132 | 130 |
Shares Change | 0.11% | 0.07% | 0.06% | 0.18% | 1.79% | 1.46% |
EPS (Basic) | 2.74 | 1.87 | 2.17 | 2.08 | 2.72 | 2.09 |
EPS (Diluted) | 2.74 | 1.87 | 2.17 | 2.07 | 2.72 | 2.09 |
EPS Growth | 33.66% | -13.83% | 4.83% | -23.90% | 30.14% | 36.60% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -80.09 | -169.03 | 63.06 | -188.17 | -416.75 | -400.11 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Per Share | -0.60 | -1.28 | 0.48 | -1.42 | -3.15 | -3.08 |
Dividends Per Share | 1.890 | 1.780 | 1.480 | 1.280 | 1.180 | 1.080 |
Dividend Growth | 15.95% | 20.27% | 15.63% | 8.48% | 9.26% | 8.00% |
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% |
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% |
EBITDA | 477.35 | 461.68 | 415.27 | 378.69 | 336.63 | 290.73 |
EBITDA Margin | 62.84% | 63.50% | 62.01% | 61.67% | 62.35% | 61.04% |
EBIT | 315.88 | 307.71 | 272.42 | 244.63 | 213.97 | 179.43 |
EBIT Margin | 41.59% | 42.32% | 40.68% | 39.84% | 39.63% | 37.67% |
Effective Tax Rate | 3.35% | 6.25% | 2.04% | 3.31% | 8.06% | 1.73% |