Friday 6 November 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.

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

Quarter to September 2026, against a year earlier

54.06 0.14 +0.26%

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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 Valuation Filings

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

Alert me on P/E ratio

As of 5 November 2026, First Industrial Realty Trust, Inc. (FR) trades at a P/E ratio of 20.1×. Over the past ten years it has ranged from 14.3× (March 2020) to 53.5× (January 2015); the current reading is higher than 18% of that period. That is below the Reit Industrial industry median of 29.1× and below the Real Estate sector median of 23.6×.

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<iframe src="https://stockrow.com/embed/FR/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="First Industrial Realty Trust, Inc. P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/FR/metrics/pe-ratio">First Industrial Realty Trust, Inc. (FR) P/E ratio — stockrow.com</a></p>

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%)

Period	P/E ratio	Change
Sep 2026	22.1×	(1.08%)
Jun 2026	22.4×	(0.21%)
Mar 2026	22.4×	(27.18%)
Dec 2025	30.8×	7.08%
43 more quarters	Free account

Against its own ten years

Low 14.3× High 53.5×

Ten-year median 25.5×

Current reading's percentile 20

Company	P/E ratio
REXR Rexford Industrial Realty, Inc. compare	n/m
LINE Lineage, Inc. compare	n/m
COLD Americold Realty Trust Inc. compare	19.0×
TRNO Terreno Realty Corporation compare	19.9×
FR First Industrial Realty Trust, Inc.	20.1×
STAG Stag Industrial, Inc. compare	26.1×
CUBE CubeSmart compare	29.8×
EGP EastGroup Properties, Inc. compare	32.9×
SMA Smartstop Self Storage REIT Inc compare	75.1×
Reit Industrial industry median	29.1×
Real Estate sector median	23.6×
Market median	17.9×

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 →

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

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on FR

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on FR

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