YOLFTbeta
First Industrial Realty Trust Inc

First Industrial Realty Trust Inc

FR · NYSE · Real Estate / REIT - Industrial

55.18USD-0.04 (-0.07%)

Price History

Full chart

Market Stats

Previous Close55.22
Open55.69
Day Range54.97 – 55.69
52-Week Range49.03 – 69.88
Volume1.20M
Market Cap8.38B
P/E (TTM)22.24
Forward P/E36.76
EPS2.75
Dividend Yield3.26%
Beta1.04
50-Day Avg63.56
200-Day Avg61.37

About

First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. In total, we own and have under development approximately 72.1 million square feet of industrial space concentrated in 15 target MSAs as of June 30, 2026. First Industrial Realty Trust, Inc. was established on August 10, 1993 and is based in Chicago, United States.

Company Details

  • SectorReal Estate
  • IndustryREIT - Industrial
  • CEOMr. Peter E. Baccile
  • Employees151
  • HeadquartersOne North Wacker Drive, Chicago, IL, United States, 60606-6627, USA
  • Websitehttps://www.firstindustrial.com

Leadership

  • Mr. Matthew S. DominskiChairman of Board & Director · b. 1955
  • Mr. Peter E. BaccilePresident, CEO & Director · b. 1962
  • Mr. Johannson L. YapChief Investment Officer & Executive VP of West Region · b. 1963
  • Mr. Scott A. Musil CPACFO, Senior VP, Treasurer & Assistant Secretary · b. 1968
  • Ms. Jennifer E. Matthews Rice J.D.General Counsel & Secretary · b. 1971
  • Mr. Peter O. Schultz Jr.Executive Vice President of East Region · b. 1964
  • Mr. Ryan McCleanExecutive Director of Los Angeles & Inland Empire
  • Mr. Christopher M. Schneider CPAExecutive VP of Operations & Chief Information Officer
  • Ms. Sara E. NiemiecChief Accounting Officer
  • Mr. Arthur J. HarmonSenior VP of Investor Relations & Marketing

Financials

Income Statement

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue46.60M106.50M140.06M223.20M349.70M374.15M386.07M384.48M346.56M341.38M319.73M325.53M396.04M434.93M526.29M411.96M288.54M317.83M306.08M318.59M346.86M365.81M378.02M396.40M403.68M425.50M447.79M476.29M539.93M614.03M669.64M727.08M
Growth (%)-+128.54%+31.51%+59.37%+56.67%+6.99%+3.18%-0.41%-9.86%-1.50%-6.34%+1.81%+21.66%+9.82%+21.01%-21.72%-29.96%+10.15%-3.70%+4.09%+8.87%+5.46%+3.34%+4.86%+1.84%+5.41%+5.24%+6.37%+13.36%+13.72%+9.06%+8.58%
Cost of Revenue------196.00M213.59M200.79M219.02M110.87M229.76M286.40M317.64M425.53M323.75M206.75M230.19M96.56M104.05M115.46M116.03M112.81M113.49M116.85M116.58M119.19M131.30M143.66M165.66M182.82M562.74M
Gross Profit46.60M106.50M140.06M223.20M349.70M374.15M386.07M384.48M346.56M341.38M212.50M95.77M109.64M117.29M100.77M88.20M81.79M87.64M209.52M214.54M231.40M249.78M265.20M282.91M286.82M308.92M328.59M344.99M396.27M448.37M486.82M164.34M
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%66.46%29.42%27.68%26.97%19.15%21.41%28.35%27.57%68.45%67.34%66.71%68.28%70.16%71.37%71.05%72.60%73.38%72.43%73.39%73.02%72.70%22.60%
Operating Expense-24.50M-61.40M-78.84M-114.80M265.45M279.20M98.23M316.15M-40.38M207.20M233.35M166.28M201.30M214.63M199.06M156.29M26.59M20.64M135.92M22.82M23.42M25.36M26.70M28.08M27.75M77.87M130.21M165.56M182.30M203.74M214.40M-143.37M
Operating Income71.10M167.90M218.90M338.00M84.25M94.95M287.84M68.33M386.94M134.18M-20.86M-70.50M-91.67M-97.34M-98.30M-68.08M55.20M67.00M73.59M191.72M207.99M224.42M238.50M254.83M259.07M231.05M198.38M179.43M213.97M244.63M272.42M307.71M
Operating Margin152.58%157.65%156.30%151.43%24.09%25.38%74.56%17.77%111.65%39.31%-6.52%-21.66%-23.15%-22.38%-18.68%-16.53%19.13%21.08%24.04%60.18%59.96%61.35%63.09%64.29%64.18%54.30%44.30%37.67%39.63%39.84%40.68%42.32%
EBITDA83.80M194.60M250.20M380.50M149.89M163.43M287.84M252.81M471.69M227.70M86.38M64.69M70.64M82.01M87.08M96.80M200.40M199.32M208.77M209.68M219.76M231.92M245.14M261.80M264.22M286.24M303.87M465.37M491.37M501.17M557.03M568.83M
EBITDA Margin179.83%182.72%178.64%170.47%42.86%43.68%74.56%65.76%136.10%66.70%27.02%19.87%17.84%18.86%16.55%23.50%69.45%62.71%68.21%65.81%63.36%63.40%64.85%66.04%65.45%67.27%67.86%97.71%91.01%81.62%83.18%78.24%
Net Income9.50M12.30M37.10M51.95M75.72M124.75M117.86M122.36M119.65M113.77M110.61M87.10M112.08M155.05M39.60M-17.22M-202.82M-7.45M-6.90M40.31M49.11M73.80M121.23M201.46M163.24M238.78M201.58M271.00M359.13M274.82M287.34M247.44M
Net Income Margin20.39%11.55%26.49%23.27%21.65%33.34%30.53%31.83%34.52%33.33%34.59%26.76%28.30%35.65%7.52%-4.18%-70.29%-2.34%-2.25%12.65%14.16%20.17%32.07%50.82%40.44%56.12%45.02%56.90%66.52%44.76%42.91%34.03%
R&D------------------00000.340.530.410.580.450.59909.00K3.67M1.53M629.00K
R&D as % of Total Revenue------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.17%0.60%0.23%0.09%
Interest Expense000000000099.25M108.34M121.14M119.31M112.64M114.77M106.10M100.13M83.51M73.56M72.18M67.42M59.43M57.20M50.77M50.27M54.72M47.53M49.01M74.33M82.97M89.92M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%31.04%33.28%30.59%27.43%21.40%27.86%36.77%31.50%27.28%23.09%20.81%18.43%15.72%14.43%12.58%11.81%12.22%9.98%9.08%12.11%12.39%12.37%

Balance Sheet

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets691.10M753.90M1.02B2.27B2.55B2.53B2.62B2.62B2.63B2.65B2.71B3.23B3.22B3.26B3.22B3.20B2.75B2.67B2.61B2.60B2.58B2.71B2.79B2.94B3.14B3.52B3.79B4.18B4.95B5.18B5.26B5.69B
Total Liabilities374.90M427.00M447.18M1.27B1.31B1.28B1.37B1.45B1.58B1.59B1.71B2.02B2.05B2.18B2.24B2.13B1.86B1.59B1.46B1.43B1.49B1.59B1.51B1.47B1.46B1.72B1.84B1.93B2.42B2.54B2.52B2.93B
Total Equity292.40M306.00M532.56M854.59M1.05B1.06B1.06B995.60M882.33M889.17M845.49M1.04B1.02B923.92M986.75M1.01B846.88M1.03B1.10B1.13B1.05B1.07B1.24B1.43B1.65B1.76B1.95B2.19B2.46B2.56B2.67B2.67B
Cash--7.65M13.22M21.82M2.61M7.73M7.73M31.12M821.00K4.92M8.24M16.14M5.76M3.18M182.94M25.96M10.15M4.94M7.58M9.50M3.99M9.86M21.15M43.10M21.12M162.09M58.59M133.24M43.84M44.51M78.03M
Total Debt300.00M351.70M9.92M648.99M948.60M948.69M948.78M1.05B1.38B1.41B1.52B1.76B1.76B1.87B2.04B2.00B1.74B1.48B1.34B1.30B1.35B1.43B1.35B1.30B1.30B1.51B1.86B1.64B2.09B2.25B2.23B2.57B
Net Debt300.00M351.70M2.27M635.77M926.77M946.08M941.05M1.05B1.38B1.41B1.51B1.75B1.74B1.87B2.03B1.82B1.72B1.47B1.33B1.29B1.34B1.43B1.34B1.28B1.25B1.49B1.46B1.58B1.96B2.20B2.18B2.49B

Cash Flow

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow23.60M38.50M62.62M102.64M149.10M176.90M160.24M147.09M131.60M99.56M77.66M49.35M59.55M92.74M71.19M142.18M83.19M87.53M136.42M125.75M137.18M162.15M173.34M191.43M210.50M245.62M241.08M267.03M410.90M302.31M350.42M461.34M
Investing Cash Flow-72.90M-84.20M-240.57M-805.50M-535.55M-10.04M-87.30M-38.76M34.59M32.63M9.99M-371.65M129.15M126.91M6.27M4.78M-9.92M-3.78M-42.23M-61.31M-69.07M-197.07M-110.99M-96.23M-223.40M-205.39M-251.74M-416.82M-629.11M-378.31M-131.62M-524.18M
Financing Cash Flow51.00M45.40M176.68M708.45M395.06M-186.07M-67.82M-116.06M-166.19M-131.37M-83.55M325.62M-180.80M-230.02M-79.75M32.72M-230.38M-99.50M-99.41M-61.75M-66.17M29.43M-56.47M-85.05M16.78M62.11M57.60M8.91M304.55M-25.27M-210.96M89.19M
Capital Expenditure72.90M87.90M257.16M827.87M625.03M233.43M494.08M400.01M337.40M312.36M485.39M920.71M813.84M677.46M583.41M089.74M90.52M138.45M188.31M216.58M318.07M179.99M146.00M355.23M254.21M161.12M233.18M827.69M361.93M215.56M346.45M
Free Cash Flow-49.30M-49.40M-194.53M-725.24M-475.93M-56.54M-333.84M-252.92M-205.80M-212.80M-407.74M-871.36M-754.29M-584.73M-512.23M142.18M-6.55M-2.99M-2.03M-62.55M-79.40M-155.93M-6.66M45.42M-144.73M-8.59M79.96M33.85M410.90M-59.62M134.85M114.89M
Dividends Paid9.60M38.60M52.38M79.96M122.41M141.37M138.26M160.41M149.31M146.09M13.26M145.83M163.11M172.68M164.78M32.91M19.68M15.25M23.26M37.76M46.62M55.81M82.70M100.52M109.65M117.21M127.34M139.71M155.33M169.37M193.48M231.22M
FCF to OCF-208.90%-128.31%-310.65%-706.62%-319.21%-31.96%-208.34%-171.95%-156.39%-213.74%-525.05%-1765.67%-1266.63%-630.53%-719.57%100.00%-7.87%-3.42%-1.49%-49.75%-57.88%-96.16%-3.84%23.73%-68.75%-3.50%33.17%12.68%100.00%-19.72%38.48%24.90%
Dividend Paid to FCF-19.47%-78.14%-26.92%-11.03%-25.72%-250.05%-41.42%-63.43%-72.55%-68.65%-3.25%-16.74%-21.62%-29.53%-32.17%23.15%-300.55%-510.17%-1146.84%-60.36%-58.72%-35.79%-1241.87%221.30%-75.76%-1365.18%159.25%412.68%37.80%-284.07%143.48%201.26%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999Apr 25, 2000Jul 25, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Oct 25, 2001Feb 13, 2002Apr 25, 2002Jul 25, 2002Oct 23, 2002Feb 13, 2003Apr 23, 2003Jul 23, 2003Oct 22, 2003Feb 12, 2004Apr 21, 2004Jul 21, 2004Oct 21, 2004Feb 23, 2005Apr 27, 2005Jul 26, 2005Oct 27, 2005Feb 22, 2006Apr 26, 2006Jul 25, 2006Oct 25, 2006Feb 21, 2007Apr 25, 2007Jul 24, 2007Oct 24, 2007Feb 20, 2008Apr 23, 2008Jul 23, 2008Oct 29, 2008Mar 2, 2009Apr 30, 2009Aug 4, 2009Nov 4, 2009Feb 23, 2010Apr 27, 2010Aug 2, 2010Oct 26, 2010Feb 23, 2011Apr 27, 2011Jul 27, 2011Oct 26, 2011Feb 22, 2012Apr 26, 2012Jul 25, 2012Oct 24, 2012Feb 20, 2013Apr 25, 2013Jul 25, 2013Oct 24, 2013Feb 25, 2014Apr 23, 2014Jul 23, 2014Oct 29, 2014Feb 19, 2015Apr 23, 2015Jul 30, 2015Oct 28, 2015Feb 18, 2016Apr 27, 2016Jul 28, 2016Oct 27, 2016Feb 22, 2017Apr 25, 2017Jul 26, 2017Oct 25, 2017Feb 21, 2018Apr 24, 2018Jul 25, 2018Oct 24, 2018Feb 13, 2019Apr 23, 2019Jul 24, 2019Oct 23, 2019Feb 12, 2020Apr 22, 2020Jul 22, 2020Oct 21, 2020Feb 10, 2021Apr 21, 2021Jul 21, 2021Oct 20, 2021Feb 9, 2022Apr 20, 2022Jul 20, 2022Oct 19, 2022Feb 8, 2023Apr 19, 2023Jul 19, 2023Oct 18, 2023Feb 7, 2024Apr 17, 2024Jul 17, 2024Oct 16, 2024Feb 5, 2025Apr 16, 2025Jul 16, 2025Oct 15, 2025Feb 4, 2026Apr 22, 2026Jul 22, 2026Oct 21, 2026
EPS Estimate--------0.860.89-------0.430.57--0.460.270.62-0.150.060.01-0.400.410.630.530.470.290.490.630.560.520.610.640.731.070.52-1.13-0.53-0.56-0.300.05-0.40-0.300.06-0.460.200.20-0.13-0.13-0.12-0.15-0.04-0.06-0.010.010.010.030.030.030.050.070.070.080.110.090.100.100.120.130.130.140.160.150.120.170.190.190.170.190.200.200.190.210.200.180.220.220.310.260.340.340.370.260.280.290.300.310.310.410.520.350.370.390.390.420.330.800.82
EPS Actual0.450.320.410.030.460.580.850.520.520.580.580.510.690.490.810.31-0.130.640.580.270.710.470.030.610.020.370.55-0.030.330.460.500.510.390.550.540.490.660.830.661.001.130.960.09-0.25-0.35-0.35-0.41-0.18-0.35-0.190.13-0.43-0.25-0.17-0.10-0.05-0.04-0.160.05-0.09-0.010.010.010.010.020.030.070.060.020.110.130.070.140.430.270.200.190.320.340.160.170.160.180.400.190.310.200.200.320.210.230.650.210.230.260.870.270.870.300.620.420.320.310.670.520.390.750.520.360.420.490.591.080.82-
Surprise---------39.53%-34.83%-------48.84%1.75%--2.17%-88.89%-1.61%113.33%516.67%5400.00%--17.50%12.20%-20.63%-3.77%-17.02%89.66%10.20%-22.22%17.86%59.62%8.20%56.25%54.79%-10.28%-82.69%77.88%33.96%37.50%-36.67%-460.00%12.50%36.67%116.67%6.52%-225.00%-185.00%23.08%61.54%66.67%-6.67%225.00%-50.00%0.00%0.00%0.00%-66.67%-33.33%0.00%40.00%-14.29%-71.43%37.50%18.18%-22.22%40.00%330.00%125.00%53.85%46.15%128.57%112.50%6.67%41.67%-5.88%-5.26%110.53%11.76%63.16%0.00%0.00%68.42%0.00%15.00%261.11%-4.55%4.55%-16.13%234.62%-20.59%155.88%-18.92%138.46%50.00%10.34%3.33%116.13%67.74%-4.88%44.23%48.57%-2.70%7.69%25.64%40.48%227.27%2.50%-
Timing--------After-hoursAfter-hours-------Pre-marketAfter-hours--After-hoursAfter-hours-After-hoursAfter-hours--After-hoursAfter-hoursPre-market--After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap8.38B
Enterprise Value10.63B
Trailing P/E22.24
Forward P/E36.76
PEG Ratio3.74
Price / Sales11.02
Price / Book2.92
EPS2.75
Book Value20.94
Revenue (TTM)760.37M
Gross Profit (TTM)560.74M
EBITDA520.56M
Profit Margin47.92%
Operating Margin45.10%
Return on Equity13.63%
Return on Assets3.52%
Shares Outstanding132.57M
Shares Float131.69M
Beta1.04
Dividend Yield3.26%
Dividend Rate2.00
Payout Ratio65.27%

Analyst Ratings

Buy
Based on 16 analystsTarget 72.25
  • Strong Buy
    6
  • Buy
    3
  • Hold
    7

Ownership Breakdown

Institutions
103.04%
Insiders
0.35%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    16.71M12.60%
  • Vanguard Portfolio Management, LLC
    12.62M9.52%
  • State Street Corp
    6.36M4.80%
  • Vanguard Capital Management, LLC
    5.93M4.47%
  • NORGES BANK
    5.47M4.13%
  • CenterSquare Investment Management LLC
    4.86M3.66%
  • Amvescap Plc.
    3.44M2.60%
  • Geode Capital Management, LLC
    2.79M2.10%
  • Cohen & Steers Inc
    2.74M2.07%
  • Prudential Financial Inc
    2.61M1.97%
  • Charles Schwab Investment Management Inc
    2.56M1.93%
  • Duff & Phelps Inv Mgmt Co (IL)
    2.20M1.66%
  • Thrivent Financial For Lutherans
    2.15M1.62%
  • Morgan Stanley - Brokerage Accounts
    2.10M1.59%
  • Alyeska Investment Group, L.P.
    2.02M1.53%
  • Dimensional Fund Advisors, Inc.
    2.01M1.52%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    4.98M3.76%
  • iShares Core S&P Mid-Cap ETF
    4.64M3.50%
  • Vanguard MStar Total Stk Mkt Idx Invest
    4.22M3.18%
  • Vanguard Small Cap Index
    3.05M2.30%

Dividends

20263×
0.50Sep 30, 20260.50Jun 30, 20260.50Mar 31, 2026
20254×
0.45Dec 31, 20250.45Sep 30, 20250.45Jun 30, 20250.45Mar 31, 2025
20244×
0.37Dec 31, 20240.37Sep 30, 20240.37Jun 28, 20240.37Mar 27, 2024
20234×
0.32Dec 28, 20230.32Sep 28, 20230.32Jun 29, 20230.32Mar 30, 2023
20224×
0.29Dec 29, 20220.29Sep 29, 20220.29Jun 29, 20220.29Mar 30, 2022
20214×
0.27Dec 30, 20210.27Sep 29, 20210.27Jun 29, 20210.27Mar 30, 2021
20201×
0.25Dec 30, 2020