First Industrial Realty Trust, Inc. (FR)
NYSE: FR · Real-Time Price · USD
59.22
-0.24 (-0.40%)
Oct 5, 2026, 4:00 PM EDT - Market closed

FR Statistics

Total Valuation

FR has a market cap or net worth of $8.11 billion. The enterprise value is $10.65 billion.

Market Cap8.11B
Enterprise Value 10.65B

Important Dates

The next estimated earnings date is Wednesday, October 14, 2026, after market close.

Earnings Date Oct 14, 2026
Ex-Dividend Date Sep 30, 2026

Share Statistics

FR has 137.03 million shares outstanding. The number of shares has increased by 0.11% in one year.

Current Share Class 132.57M
Shares Outstanding 137.03M
Shares Change (YoY) +0.11%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 0.34%
Owned by Institutions (%) 102.37%
Float 131.69M

Valuation Ratios

The trailing PE ratio is 21.55 and the forward PE ratio is 32.39.

Price/FFO Ratio 19.58
Price/AFFO Ratio n/a
PE Ratio 21.55
Forward PE 32.39
PS Ratio 10.67
Forward PS 10.00
PB Ratio 2.83
P/TBV Ratio 2.92
P/FCF Ratio n/a
P/OCF Ratio 18.05
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 29.25
EV / Sales 14.01
EV / EBITDA 20.46
EV / EBIT 33.64
EV / FCF n/a

Financial Position

The company has a current ratio of 1.50, with a Debt / Equity ratio of 0.90.

Current Ratio 1.50
Quick Ratio 1.12
Debt / Equity 0.90
Debt / EBITDA 4.93
Debt / FCF n/a
Interest Coverage 3.24

Financial Efficiency

Return on equity (ROE) is 13.63% and return on invested capital (ROIC) is 5.64%.

Return on Equity (ROE) 13.63%
Return on Assets (ROA) 3.52%
Return on Invested Capital (ROIC) 5.64%
Return on Capital Employed (ROCE) 5.69%
Weighted Average Cost of Capital (WACC) 8.47%
Revenue Per Employee $5.00M
Profits Per Employee $2.40M
Employee Count152
Asset Turnover 0.14
Inventory Turnover n/a

Taxes

In the past 12 months, FR has paid $12.14 million in taxes.

Income Tax 12.14M
Effective Tax Rate 3.08%

Stock Price Statistics

The stock price has increased by +14.55% in the last 52 weeks. The beta is 1.04, so FR's price volatility has been similar to the market average.

Beta (5Y) 1.04
52-Week Price Change +14.55%
50-Day Moving Average 62.47
200-Day Moving Average 61.44
Relative Strength Index (RSI) 32.19
Average Volume (20 Days) 1,115,720

Short Selling Information

The latest short interest is 4.52 million, so 3.30% of the outstanding shares have been sold short.

Short Interest 4.52M
Short Previous Month 3.77M
Short % of Shares Out 3.30%
Short % of Float 3.43%
Short Ratio (days to cover) 5.95

Income Statement

In the last 12 months, FR had revenue of $760.37 million and earned $364.18 million in profits. Earnings per share was $2.75.

Revenue760.37M
Gross Profit 560.74M
Operating Income 316.65M
Pretax Income 394.07M
Net Income 364.18M
EBITDA 520.56M
EBIT 316.65M
Earnings Per Share (EPS) $2.75
Full Income Statement

Balance Sheet

The company has $46.05 million in cash and $2.58 billion in debt, with a net cash position of -$2.54 billion or -$18.52 per share.

Cash & Cash Equivalents 46.05M
Total Debt 2.58B
Net Cash -2.54B
Net Cash Per Share -$18.52
Equity (Book Value) 2.87B
Book Value Per Share 20.94
Working Capital 107.46M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $449.49 million and capital expenditures -$529.59 million, giving a free cash flow of -$80.09 million.

Operating Cash Flow 449.49M
Capital Expenditures -529.59M
Depreciation & Amortization 194.65M
Net Borrowing n/a
Free Cash Flow -80.09M
FCF Per Share -$0.58
Full Cash Flow Statement

Margins

Gross margin is 73.75%, with operating and profit margins of 41.64% and 47.92%.

Gross Margin 73.75%
Operating Margin 41.64%
Pretax Margin 51.83%
Profit Margin 47.92%
EBITDA Margin 68.46%
EBIT Margin 41.64%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 3.38%.

Dividend Per Share $2.00
Dividend Yield 3.38%
Dividend Growth (YoY) 14.08%
Years of Dividend Growth 12
Payout Ratio 72.78%
FCF Payout Ratio n/a
Buyback Yield -0.11%
Shareholder Yield 3.27%
Earnings Yield 4.49%
FCF Yield -0.99%
Dividend Details

Analyst Forecast

The average price target for FR is $72.25, which is 22.00% higher than the current price. The consensus rating is "Buy".

Price Target $72.25
Price Target Difference 22.00%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (3Y) 7.18%
EPS Growth Forecast (3Y) 1.15%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6