First Industrial Realty Trust, Inc. (FR)
NYSE: FR · Real-Time Price · USD
62.73
-0.13 (-0.21%)
Aug 27, 2026, 9:37 AM EDT - Market open

FR Statistics

Total Valuation

FR has a market cap or net worth of $8.60 billion. The enterprise value is $11.13 billion.

Market Cap8.60B
Enterprise Value 11.13B

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 (%) 101.76%
Float 131.69M

Valuation Ratios

The trailing PE ratio is 22.88 and the forward PE ratio is 34.48.

Price/FFO Ratio 20.79
Price/AFFO Ratio n/a
PE Ratio 22.88
Forward PE 34.48
PS Ratio 11.33
Forward PS 10.62
PB Ratio 3.00
P/TBV Ratio 3.10
P/FCF Ratio n/a
P/OCF Ratio 19.16
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 30.62
EV / Sales 14.67
EV / EBITDA 21.42
EV / EBIT 35.22
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) 8.58%
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 +22.58% in the last 52 weeks. The beta is 1.06, so FR's price volatility has been similar to the market average.

Beta (5Y) 1.06
52-Week Price Change +22.58%
50-Day Moving Average 64.27
200-Day Moving Average 60.84
Relative Strength Index (RSI) 42.03
Average Volume (20 Days) 795,248

Short Selling Information

The latest short interest is 3.85 million, so 2.81% of the outstanding shares have been sold short.

Short Interest 3.85M
Short Previous Month 4.41M
Short % of Shares Out 2.81%
Short % of Float 2.92%
Short Ratio (days to cover) 2.81

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 3.18%.

Dividend Per Share $2.00
Dividend Yield 3.18%
Dividend Growth (YoY) 14.08%
Years of Dividend Growth 12
Payout Ratio 72.78%
Buyback Yield -0.11%
Shareholder Yield 3.08%
Earnings Yield 4.23%
FCF Yield -0.93%
Dividend Details

Analyst Forecast

The average price target for FR is $71.94, which is 14.69% higher than the current price. The consensus rating is "Buy".

Price Target $71.94
Price Target Difference 14.69%
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