Thursday 15 October 2026 Export FR’s income statement to Excel — free account

First Industrial Realty Trust, Inc.

First Industrial Realty Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $727.1 million, up 8.58% from fiscal 2024. In the quarter to June 2026, revenue grew 8.20%, EPS grew 38.1%, free cash flow grew 183.1% and total debt rose 7.19%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten.

58.65 0.15 −0.26%

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Market cap: $8.2B
P/E: 21.5×
Fwd P/E: 26.9×
Dividend yield: 3.31%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16
P/E ratio Full definition →	30.79	23.00	25.59	17.65	31.83	27.54	21.96	22.20	18.44	26.99
Piotroski F-Score Full definition →	5	7	5	6	4	6	6	5	7	6
P/S ratio Full definition →	10.43	9.91	11.41	11.74	18.03	12.01	12.32	8.85	9.30	8.54
P/FCF ratio Full definition →	0.00	29.89	0.00	0.00	0.00	210.38	99.80	274.32	37.10	64.78
P/Operating CF Full definition →	62.16	86.42	108.84	97.61	121.85	106.99	94.78	60.09	83.09	69.18
P/B ratio Full definition →	2.75	2.42	2.66	2.50	3.82	2.76	2.92	2.13	2.50	2.51
Price to Tangible BV Full definition →	2.77	2.44	2.68	2.53	3.86	2.80	2.96	2.17	2.55	2.57
EV/Sales Full definition →	13.84	13.13	14.96	15.30	21.28	15.12	15.44	11.93	12.45	12.05
EV/EBITDA Full definition →	19.81	19.44	22.26	22.35	31.49	22.03	22.69	18.18	18.63	18.58
EV/Operating CF Full definition →	21.81	24.95	30.14	20.10	37.98	28.18	26.79	22.90	25.64	26.19
EV/FCF Full definition →	(78.00)	39.61	(135.58)	(34.22)	(61.29)	264.92	125.11	370.09	49.69	91.37
Quick Ratio Full definition →	1.12	1.21	1.06	1.17	0.85	1.88	1.65	1.18	1.07	0.87
Current Ratio Full definition →	1.12	1.21	1.06	1.17	0.85	1.88	1.65	1.18	1.07	0.87
Net Debt/EBITDA Full definition →	4.87	4.77	5.28	5.20	4.82	4.54	4.59	4.70	4.72	5.41
Debt/Assets Full definition →	44.89%	41.99%	42.98%	41.71%	38.53%	42.05%	42.16%	41.30%	44.10%	48.23%
Debt/Equity Full definition →	0.93	0.80	0.84	0.82	0.72	0.82	0.83	0.77	0.88	1.05
Asset Turnover Full definition →	0.13	0.13	0.12	0.12	0.12	0.12	0.13	0.13	0.14	0.14
Operating CF/Net income Full definition →	1.87	1.23	1.11	1.15	0.99	1.23	1.03	1.29	0.96	1.43
Capex/Depreciation Full definition →	(2.95)	(0.73)	(2.22)	(4.19)	(3.03)	(1.52)	(1.48)	(1.58)	(0.74)	(0.98)
Interest Coverage Full definition →	3.62	3.28	3.29	4.37	4.07	3.24	3.17	2.76	2.42	1.99
ROE Full definition →	8.98%	10.68%	10.63%	15.02%	12.90%	10.47%	13.70%	10.31%	14.60%	10.10%
ROA Full definition →	4.52%	5.51%	5.42%	7.86%	6.79%	5.36%	7.15%	5.35%	7.03%	4.41%
ROIC Full definition →	3.67%	3.47%	3.18%	3.00%	2.95%	3.11%	3.19%	2.99%	3.17%	2.83%
Return on Tangible Assets Full definition →	4.75%	5.99%	5.82%	8.04%	7.22%	5.78%	7.64%	5.65%	7.42%	4.71%
Average Days of Receivables Full definition →	96.86	92.77	92.15	87.92	79.57	73.55	73.89	68.91	69.18	69.65
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	5.77%	6.11%	6.05%	6.29%	7.27%	7.33%	6.71%	6.87%	7.08%	7.06%
Intangible Assets out of Total Assets Full definition →	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01
Share Based Compensation of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Graham Net Nets Full definition →	(0.35)	(0.35)	(0.33)	(0.34)	(0.21)	(0.29)	(0.28)	(0.37)	(0.36)	(0.44)
Graham Number Full definition →	29.53	31.90	30.46	34.25	28.48	22.91	24.60	19.92	21.78	16.17
Earnings Yield Full definition →	3.25%	4.35%	3.91%	5.67%	3.14%	3.63%	4.55%	4.50%	5.42%	3.71%
Free Cash Flow Yield Full definition →	(1.70%)	3.35%	(0.97%)	(3.81%)	(1.93%)	0.48%	1.00%	0.36%	2.70%	1.54%
Revenue per Share Full definition →	5.49	5.06	4.64	4.09	3.67	3.51	3.37	3.26	3.35	3.29
Operating CF per Share Full definition →	3.48	2.66	2.30	3.11	2.06	1.88	1.94	1.70	1.63	1.51
Capex per Share Full definition →	(4.46)	(0.99)	(2.82)	(4.94)	(3.33)	(1.68)	(1.53)	(1.59)	(0.79)	(1.08)
Free Cash Flow per Share Full definition →	(0.97)	1.68	(0.51)	(1.83)	(1.28)	0.20	0.42	0.11	0.84	0.43
Cash per Share Full definition →	0.59	0.39	0.33	1.10	0.45	1.56	1.21	0.41	0.39	0.19
Shareholders Equity per Share Full definition →	20.83	20.75	19.92	19.17	17.34	15.25	14.23	13.57	12.48	11.17
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	20.83	20.75	19.92	19.17	17.34	15.25	14.23	13.57	12.48	11.17
Free Cash Flow Full definition →	(128.98)	221.99	(67.76)	(241.34)	(165.38)	25.58	52.57	13.03	99.36	49.85
Working Capital Full definition →	29.44	37.95	11.24	39.88	(27.66)	135.94	93.75	19.13	8.06	(14.25)
Capital Expenditures Full definition →	(590.25)	(130.50)	(372.57)	(652.28)	(432.28)	(214.85)	(192.96)	(197.47)	(93.20)	(124.04)
Net Current Asset Value Full definition →	(2,658.17)	(2,293.52)	(2,341.79)	(2,148.85)	(1,768.11)	(1,554.68)	(1,481.61)	(1,336.14)	(1,343.58)	(1,415.04)
EV/EBIT Full definition →	32.70	32.28	37.55	38.60	56.49	40.73	41.21	34.40	35.66	38.60
Capex to Sales Full definition →	0.81	0.19	0.61	1.21	0.91	0.48	0.45	0.49	0.24	0.33
Price to Operating Income Full definition →	24.65	24.36	28.64	29.62	47.85	32.34	32.87	25.50	26.62	27.36
Other line items
Depreciation/Fixed assets Full definition →	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.05	0.05
Cash ROIC Full definition →	(2.39%)	4.43%	(1.38%)	(5.09%)	(4.22%)	0.68%	1.53%	0.43%	3.52%	1.88%
Accounts Receivable Turnover Full definition →	4.00	4.12	4.31	4.62	4.91	5.08	5.24	5.34	5.38	5.40
Accounts Payable Turnover Full definition →	1.23	1.32	0.98	0.83	0.96	1.01	1.21	1.41	1.33	1.26
Inventory Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Days of Payables Full definition →	340.99	265.01	316.03	492.97	425.59	368.36	358.90	245.71	278.29	274.30
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Receivables Full definition →	181.57	162.61	142.54	116.94	97.06	88.26	81.25	75.70	73.63	70.04
Average Payables Full definition →	155.81	138.08	168.73	173.56	136.69	117.46	96.65	82.60	85.47	89.06
Average Assets Full definition →	5,474.75	5,218.60	5,065.04	4,566.71	3,985.52	3,655.38	3,330.76	3,041.88	2,867.16	2,751.54
Average Common Equity Full definition →	2,752.48	2,690.57	2,582.70	2,389.34	2,097.85	1,872.79	1,739.09	1,577.89	1,380.25	1,199.88

Fold the line items

Columns are period end dates

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