Pricing Log in Create free account
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

53.76 0.16 −0.30%
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) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, First Industrial Realty Trust, Inc. (FR) trades at a EV/FCF of −417×. Over the past ten years it has ranged from −6,073× (September 2017) to 2,477× (April 2024); the current reading is higher than 14% of that period.

EV/FCF, daily

Embed this chart

Annual newest first

Period EV/FCF Change
FY2025 −78.0× —
FY2024 39.6× —
FY2023 −136× —
FY2022 −34.2× —
FY2021 −61.3× —
FY2020 265× 111.75%
FY2019 125× (66.19%)
FY2018 370× 644.80%
FY2017 49.7× (45.62%)
FY2016 91.4× —

Quarterly newest first

Period EV/FCF Change
Sep 2026 −447× —
Jun 2026 102× (89.43%)
Mar 2026 966× —
Dec 2025 −78.0× —
43 more quarters

Against its own ten years

Low −6,073× High 2,477×
Ten-year median 41.1×
Current reading's percentile 14

EV/FCF against peers

Company EV/FCF
FR First Industrial Realty Trust, Inc. −417×
SMA Smartstop Self Storage REIT Inc compare −131×
STAG Stag Industrial, Inc. compare −38.7×
COLD Americold Realty Trust Inc. compare −28.3×
TRNO Terreno Realty Corporation compare −11.9×
CUBE CubeSmart compare 27.5×
REXR Rexford Industrial Realty, Inc. compare 40.9×
LINE Lineage, Inc. compare 49.7×
EGP EastGroup Properties, Inc. compare 606×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

More on FR