First Industrial Realty Trust, Inc. (FR)
NYSE: FR · Real-Time Price · USD
55.19
+0.75 (1.38%)
At close: Oct 26, 2026, 4:00 PM EDT
55.38
+0.19 (0.34%)
Pre-market: Oct 27, 2026, 4:55 AM EDT

FR Statistics

Total Valuation

FR has a market cap or net worth of $7.56 billion. The enterprise value is $10.18 billion.

Market Cap7.56B
Enterprise Value 10.18B

Important Dates

The last earnings date was Wednesday, October 21, 2026, after market close.

Earnings Date Oct 21, 2026
Ex-Dividend Date Sep 30, 2026

Share Statistics

FR has 137.03 million shares outstanding. The number of shares has increased by 0.13% in one year.

Current Share Class 132.58M
Shares Outstanding 137.03M
Shares Change (YoY) +0.13%
Shares Change (QoQ) +0.01%
Owned by Insiders (%) 0.34%
Owned by Institutions (%) 102.80%
Float 131.70M

Valuation Ratios

The trailing PE ratio is 20.47 and the forward PE ratio is 31.43.

Price/FFO Ratio 17.93
Price/AFFO Ratio 22.35
PE Ratio 20.47
Forward PE 31.43
PS Ratio 9.75
Forward PS 9.15
PB Ratio 2.64
P/TBV Ratio 2.72
P/FCF Ratio n/a
P/OCF Ratio 17.15
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 28.48
EV / Sales 13.12
EV / EBITDA 19.14
EV / EBIT 31.53
EV / FCF n/a

Financial Position

The company has a current ratio of 1.15, with a Debt / Equity ratio of 0.93.

Current Ratio 1.15
Quick Ratio 1.06
Debt / Equity 0.93
Debt / EBITDA 4.97
Debt / FCF n/a
Interest Coverage 3.19

Financial Efficiency

Return on equity (ROE) is 13.37% and return on invested capital (ROIC) is 5.69%.

Return on Equity (ROE) 13.37%
Return on Assets (ROA) 3.55%
Return on Invested Capital (ROIC) 5.69%
Return on Capital Employed (ROCE) 5.72%
Weighted Average Cost of Capital (WACC) 8.34%
Revenue Per Employee $5.10M
Profits Per Employee $2.35M
Employee Count152
Asset Turnover 0.14
Inventory Turnover n/a

Taxes

In the past 12 months, FR has paid $12.26 million in taxes.

Income Tax 12.26M
Effective Tax Rate 3.16%

Stock Price Statistics

The stock price has decreased by -1.62% 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 -1.62%
50-Day Moving Average 60.63
200-Day Moving Average 61.45
Relative Strength Index (RSI) 30.30
Average Volume (20 Days) 1,592,510

Short Selling Information

The latest short interest is 5.44 million, so 3.97% of the outstanding shares have been sold short.

Short Interest 5.44M
Short Previous Month 4.12M
Short % of Shares Out 3.97%
Short % of Float 4.13%
Short Ratio (days to cover) 5.17

Income Statement

In the last 12 months, FR had revenue of $775.88 million and earned $357.42 million in profits. Earnings per share was $2.70.

Revenue775.88M
Gross Profit 572.24M
Operating Income 322.85M
Pretax Income 387.34M
Net Income 357.42M
EBITDA 532.00M
EBIT 322.85M
Earnings Per Share (EPS) $2.70
Full Income Statement

Balance Sheet

The company has $42.43 million in cash and $2.66 billion in debt, with a net cash position of -$2.62 billion or -$19.10 per share.

Cash & Cash Equivalents 42.43M
Total Debt 2.66B
Net Cash -2.62B
Net Cash Per Share -$19.10
Equity (Book Value) 2.87B
Book Value Per Share 20.94
Working Capital 33.77M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $440.93 million and capital expenditures -$635.70 million, giving a free cash flow of -$194.78 million.

Operating Cash Flow 440.93M
Capital Expenditures -635.70M
Depreciation & Amortization 199.90M
Net Borrowing n/a
Free Cash Flow -194.78M
FCF Per Share -$1.42
Full Cash Flow Statement

Margins

Gross margin is 73.75%, with operating and profit margins of 41.61% and 46.09%.

Gross Margin 73.75%
Operating Margin 41.61%
Pretax Margin 49.92%
Profit Margin 46.09%
EBITDA Margin 68.57%
EBIT Margin 41.61%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 3.62%.

Dividend Per Share $2.00
Dividend Yield 3.62%
Dividend Growth (YoY) 14.08%
Years of Dividend Growth 12
Payout Ratio 74.18%
FCF Payout Ratio n/a
Buyback Yield -0.13%
Shareholder Yield 3.50%
Earnings Yield 4.89%
FCF Yield -2.58%
Dividend Details

Analyst Forecast

The average price target for FR is $68.44, which is 24.01% higher than the current price. The consensus rating is "Buy".

Price Target $68.44
Price Target Difference 24.01%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (3Y) 6.81%
EPS Growth Forecast (3Y) 0.71%
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