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

54.06 0.14 +0.26%
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) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, First Industrial Realty Trust, Inc. (FR) trades at a P/S ratio of 9.3×. Over the past ten years it has ranged from 5.7× (September 2015) to 18.5× (December 2021); the current reading is higher than 27% of that period. That is above the Reit Industrial industry median of 8.8× and above the Real Estate sector median of 2.9×.

P/S ratio, daily

Embed this chart

Annual newest first

Period P/S ratio Change
FY2025 10.4× 5.28%
FY2024 9.9× (13.15%)
FY2023 11.4× (2.79%)
FY2022 11.7× (34.89%)
FY2021 18.0× 50.10%
FY2020 12.0× (2.49%)
FY2019 12.3× 39.25%
FY2018 8.8× (4.89%)
FY2017 9.3× 8.88%
FY2016 8.5× 27.95%

Quarterly newest first

Period P/S ratio Change
Sep 2026 10.2× (4.85%)
Jun 2026 10.7× 3.94%
Mar 2026 10.3× (1.30%)
Dec 2025 10.4× 9.30%
43 more quarters

Against its own ten years

Low 5.7× High 18.5×
Ten-year median 10.7×
Current reading's percentile 20

P/S ratio against peers

Company P/S ratio
LINE Lineage, Inc. compare 1.7×
COLD Americold Realty Trust Inc. compare 1.7×
SMA Smartstop Self Storage REIT Inc compare 6.9×
STAG Stag Industrial, Inc. compare 7.9×
REXR Rexford Industrial Realty, Inc. compare 8.6×
CUBE CubeSmart compare 8.9×
FR First Industrial Realty Trust, Inc. 9.3×
EGP EastGroup Properties, Inc. compare 13.5×
TRNO Terreno Realty Corporation compare 14.0×
Reit Industrial industry median 8.8×
Real Estate sector median 2.9×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

More on FR