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

53.96 0.04 +0.07%
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

First Industrial Realty Trust, Inc. (FR) Free cash flow

Alert me on Free cash flow

First Industrial Realty Trust, Inc.'s free cash flow for fiscal 2025 was −$129.0M, compared with $222.0M in fiscal 2024. Over the twelve months to 30 September 2026 it was −$23.5M. Over the past ten years it has ranged from −$241.3M (fiscal 2022) to $222.0M (fiscal 2024); the current reading is higher than 27% of that period. First Industrial Realty Trust, Inc. ranks 13th of 14 Reit Industrial companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 −$129.0M —
FY2024 $222.0M —
FY2023 −$67.8M —
FY2022 −$241.3M —
FY2021 −$165.4M —
FY2020 $25.6M (51.35%)
FY2019 $52.6M 303.62%
FY2018 $13.0M (86.89%)
FY2017 $99.4M 99.33%
FY2016 $49.8M —

Quarterly newest first

Period Free cash flow Change
Sep 2026 −$74.2M —
Jun 2026 $143.8M 717.73%
Mar 2026 $17.6M —
Dec 2025 −$110.6M —
43 more quarters

Against its own ten years

Low −$241.3M High $222.0M
Ten-year median $13.0M
Current reading's percentile 27

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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