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

54.08 1.43 −2.58%

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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) Price to free cash flow

Alert me on Price to free cash flow

First Industrial Realty Trust, Inc. has no meaningful price to free cash flow: its trailing twelve-month free cash flow is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 1,891× (April 2024) — the current reading is the lowest in ten years.

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

Period	Price to free cash flow	Change
FY2025	0.0×	—
FY2024	29.9×	—
FY2023	0.0×	—
FY2022	0.0×	—
FY2021	0.0×	—
FY2020	210×	110.81%
FY2019	99.8×	(63.62%)
FY2018	274×	639.33%
FY2017	37.1×	(42.72%)
FY2016	64.8×	—

Period	Price to free cash flow	Change
Sep 2026	0.0×	—
Jun 2026	78.5×	(89.20%)
Mar 2026	727×	—
Dec 2025	0.0×	—
43 more quarters	Free account

Against its own ten years

Low 0.0× High 1,891×

Ten-year median 30.3×

Current reading's percentile 47

Company	Price to free cash flow
FR First Industrial Realty Trust, Inc.	n/m
TRNO Terreno Realty Corporation compare	n/m
STAG Stag Industrial, Inc. compare	n/m
SMA Smartstop Self Storage REIT Inc compare	n/m
COLD Americold Realty Trust Inc. compare	n/m
CUBE CubeSmart compare	20.4×
LINE Lineage, Inc. compare	27.4×
REXR Rexford Industrial Realty, Inc. compare	32.0×
EGP EastGroup Properties, Inc. compare	517×
Reit Industrial industry median	27.4×
Real Estate sector median	12.3×
Market median	14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

First Industrial Realty Trust, Inc. (FR) Price to free cash flow

Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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