Pricing Log in Create free account
Thursday 15 October 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. 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.

58.17 0.63 −1.07%
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

First Industrial Realty Trust, Inc. (FR) P/E ratio

Alert me on P/E ratio

As of 14 October 2026, First Industrial Realty Trust, Inc. (FR) trades at a P/E ratio of 21.5×. Over the past ten years it has ranged from 14.3× (March 2020) to 53.5× (January 2015); the current reading is higher than 23% of that period. That is below the Reit Industrial industry median of 27.6× and in line with the Real Estate sector median of 21.2×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 30.8× 33.90%
FY2024 23.0× (10.14%)
FY2023 25.6× 45.01%
FY2022 17.6× (44.55%)
FY2021 31.8× 15.58%
FY2020 27.5× 25.37%
FY2019 22.0× (1.07%)
FY2018 22.2× 20.37%
FY2017 18.4× (31.67%)
FY2016 27.0× (18.28%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 22.4× (0.21%)
Mar 2026 22.4× (27.18%)
Dec 2025 30.8× 7.08%
Sep 2025 28.8× 22.47%
42 more quarters

Against its own ten years

Low 14.3× High 53.5×
Ten-year median 25.5×
Current reading's percentile 25

P/E ratio against peers

Company P/E ratio
REXR Rexford Industrial Realty, Inc. compare n/m
LINE Lineage, Inc. compare n/m
COLD Americold Realty Trust Inc. compare n/m
TRNO Terreno Realty Corporation compare 17.4×
FR First Industrial Realty Trust, Inc. 21.5×
CUBE CubeSmart compare 25.8×
STAG Stag Industrial, Inc. compare 27.6×
EGP EastGroup Properties, Inc. compare 33.9×
LXP LXP Industrial Trust compare 61.0×
Reit Industrial industry median 27.6×
Real Estate sector median 21.2×
Market median 17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on FR