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Friday 6 November 2026 Export FR’s income statement to Excel — free account

First Industrial Realty Trust, Inc.

FR Real Estate Reit Industrial

First Industrial Realty Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $727.1 million, up 8.58% from fiscal 2024.

Revenue
+8.65%
EPS
−10.2%
Free cash flow
−240.7%
Total debt
+9.93%

Quarter to September 2026, against a year earlier

54.08 1.43 −2.58%
Market cap
$7.4B
P/E
20.1×
Fwd P/E
21.7×
Dividend yield
3.60%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Valuation Filings

First Industrial Realty Trust, Inc. (FR) Book value per share

Alert me on Book value per share

First Industrial Realty Trust, Inc.'s book value per share at the end of fiscal 2025 was 20.8×, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was 21.6×. Over the past ten years it has ranged from 10.1× (fiscal 2015) to 20.8× (fiscal 2025) — the current reading is the highest in ten years. First Industrial Realty Trust, Inc. ranks 10th of 14 Reit Industrial companies by book value per share.

Book value per share, annual

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Annual newest first

Period Book value per share Change
FY2025 20.8× 0.41%
FY2024 20.7× 4.13%
FY2023 19.9× 3.95%
FY2022 19.2× 10.55%
FY2021 17.3× 13.70%
FY2020 15.2× 7.17%
FY2019 14.2× 4.85%
FY2018 13.6× 8.74%
FY2017 12.5× 11.74%
FY2016 11.2× 10.51%

Quarterly newest first

Period Book value per share Change
Sep 2026 21.6× 0.02%
Jun 2026 21.6× 0.62%
Mar 2026 21.5× 3.25%
Dec 2025 20.8× 0.66%
43 more quarters

Against its own ten years

Low 10.1× High 20.8×
Ten-year median 15.2×
Current reading's percentile 100

Book value per share against peers

Company Book value per share
EGP EastGroup Properties, Inc. compare 66.6×
TRNO Terreno Realty Corporation compare 41.9×
LINE Lineage, Inc. compare 38.9×
REXR Rexford Industrial Realty, Inc. compare 34.1×
SMA Smartstop Self Storage REIT Inc compare 22.8×
FR First Industrial Realty Trust, Inc. 21.6×
STAG Stag Industrial, Inc. compare 19.3×
CUBE CubeSmart compare 11.1×
COLD Americold Realty Trust Inc. compare 10.8×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

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