First Industrial Realty Trust, Inc. logo FR - First Industrial Realty Trust, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 18
HOLD 9
SELL 2
STRONG
SELL
0
| PRICE TARGET: $65.13 DETAILS
HIGH: $68.00
LOW: $62.00
MEDIAN: $65.50
CONSENSUS: $65.13
UPSIDE: 2.92%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Revenue
Revenue 727.1 669.6 614.0 539.9 476.3 447.8 425.5 403.7 396.4 378.0 365.8 346.9 318.6 306.1 317.8 288.5 412.0 526.3 434.9 396.0 325.5 319.7 341.4 346.6 384.5 386.1 374.2 349.7 223.2 140.1 106.5 46.6
Cost of Revenue 562.7 182.8 165.7 143.7 131.3 119.2 116.6 116.9 113.5 112.8 116.0 115.5 104.0 96.6 230.2 206.7 323.8 425.5 317.6 286.4 229.8 110.9 0 0 0 0 0 0 0 0 0 0
Gross Profit 164.3 486.8 448.4 396.3 345.0 328.6 308.9 286.8 282.9 265.2 249.8 231.4 214.5 209.5 87.6 81.8 88.2 100.8 117.3 109.6 95.8 212.5 341.4 346.6 384.5 386.1 374.2 349.7 223.2 140.1 106.5 46.6
Operating Expenses
R&D Expenses 0 1.5 3.7 0.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 41.9 40.9 37.1 34.0 34.6 32.8 28.6 27.7 28.1 26.7 25.4 23.4 22.8 25.1 0 0 0 0 0 0 0 0 27.0 19.6 18.6 17.1 13.3 13.0 6.2 4.0 3.1 1.1
Other Expenses (185.3) 171.9 163.0 147.4 131.0 97.4 49.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 193.8 183.1 297.5 280.4 265.9 264.4 102.1 70.6 103.4 45.5
Operating Expenses (143.4) 214.4 203.7 182.3 165.6 130.2 77.9 27.7 28.1 26.7 25.4 23.4 22.8 140.9 0 0 0 0 0 0 0 0 220.8 202.7 316.2 297.5 279.2 277.4 108.4 74.6 106.5 46.6
Operating Income
Operating Income 307.7 272.4 244.6 214.0 179.4 198.4 231.1 259.1 254.8 238.5 224.4 208.0 191.7 73.6 67.0 55.2 (68.1) (98.3) (97.3) (91.7) (70.5) (20.9) 134.2 386.9 68.3 287.8 95.0 84.2 338 218.9 167.9 71.1
Interest Expense 89.9 83.0 74.3 49.0 47.5 54.7 50.3 50.8 57.2 59.4 67.4 72.2 73.6 83.5 100.1 106.1 114.8 112.6 119.3 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 (3.6) (3.6) 0 0 0 0 0 0 0 0 2.1 2.4 2.9 3.9 4.4 3.1 3.7 1.9 0 1.5 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 568.8 557.0 501.2 491.4 465.4 303.9 286.2 264.2 261.8 245.1 231.9 219.8 209.7 208.8 199.3 200.4 96.8 87.1 82.0 70.6 64.7 86.4 227.7 471.7 252.8 287.8 163.4 149.9 380.5 250.2 194.6 83.8
EBIT 383.5 380.7 336.7 339.0 326.3 166.1 159.1 142.6 138.5 121.2 110.6 96.1 84.8 73.6 67.0 55.2 (68.1) (98.3) (97.3) (91.7) (70.5) (20.9) 134.2 386.9 252.8 287.8 95.0 84.2 338 218.9 167.9 71.1
Income Before Tax 279.4 302.1 294.5 405.0 282.1 202.6 247.3 167.2 209.5 126.8 76.8 23.4 4.9 (15.8) (31.8) (81.4) (48.0) (143.5) (56.3) (56.4) (34.9) (9.9) (27.4) 23.1 14.9 0 0 0 0 0 0 0
Income Tax Expense 15.3 6.1 8.7 23.4 4.9 2.4 3.4 (0.1) 1.2 1.1 0.1 0.2 (0.0) 5.5 0.5 3.0 (25.2) (8.5) (7.5) (6.8) (3.2) (7.9) 6.8 24.2 (54.0) (29.3) (29.8) (3.4) 62.9 29.8 155.6 61.6
Net Income 247.4 287.3 274.8 359.1 271.0 201.6 238.8 163.2 201.5 121.2 73.8 49.1 40.3 (6.9) (7.4) (202.8) (17.2) 39.6 155.1 112.1 87.1 110.6 113.8 119.6 122.4 117.9 124.7 75.7 51.9 37.1 12.3 9.5
Per Share Data
EPS (Basic) 1.87 2.17 2.08 2.72 2.09 1.53 1.89 1.31 1.70 1.05 0.67 0.42 0.24 -0.24 -0.34 -3.53 -0.28 0.50 2.99 2.04 1.80 2.17 2.43 2.39 2.26 2.23 2.42 1.20 1.27 1.24 0.63 0.51
EPS (Diluted) 1.87 2.17 2.07 2.72 2.09 1.53 1.88 1.31 1.69 1.05 0.66 0.42 0.24 -0.24 -0.34 -3.53 -0.28 0.50 2.99 2.04 1.80 2.17 2.43 2.39 2.24 2.21 2.41 1.20 1.26 1.24 0.63 0.51
Shares Outstanding 132.4 132.4 132.3 132.0 129.7 127.7 126.4 123.8 118.3 115.0 110.4 109.9 106.3 91.5 80.6 63.0 48.7 43.2 44.1 44.0 42.4 40.6 38.5 38.9 38.8 38.2 38.0 37.6 31.6 26.8 18.7 18.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Current Assets
Cash & Cash Equivalents 78.0 44.5 43.8 133.2 58.6 162.1 21.1 43.1 21.1 9.9 182.9 3.2 4.9 0.8 0 0 7.7 2.6 21.8 13.2 7.6 0 0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 192.9 170.2 155.0 130.1 103.8 90.3 86.2 76.3 75.1 72.1 2.2 10.4 25.3 22.9 24.9 27.4 24.6 27.1 24.5 16.4 13.0 0 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 5.9 34.1 25.8 48.9 151.7 187.2 131.6 7.3 103.7 90.5 0.1 0.1 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 276.9 248.8 224.7 312.2 314.1 439.5 238.9 126.6 200.0 172.5 185.3 13.7 11.9 23.7 24.9 27.4 32.3 29.7 46.3 29.6 20.6 0 0
Non-Current Assets
Property, Plant & Equipment 19.6 4,780.6 4,729.0 4,446.1 3,803.1 3,280.4 3,050.3 2,861.9 2,705.8 2,588.4 2,724.9 2,883.6 2,530.9 2,391.5 2,395.8 2,468.9 2,457.5 2,386.1 2,407.1 1,873.3 959.3 688.8 620.3
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 32.1 19.3 21.5 24.1 21.3 25.2 28.5 29.7 30.5 29.5 60.2 90.3 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 5.7 51.2 44.7 8.8 36.0 45.7 18.2 23.3 0 0 46.1 16.3 5.5 13.2 12.5 9.0 6.2 6.4 4.5 0 0 0 0
Other Non-Current Assets 5,353.8 161.6 156.0 163.1 4.6 1.0 182.8 101.2 4.8 2.9 188.2 219.9 (2,536.4) (2,404.7) (2,408.4) (2,477.9) (2,463.7) (2,392.5) (2,411.6) (1,873.3) (959.3) (688.8) (620.3)
Total Non-Current Assets 5,411.2 5,012.7 4,951.1 4,642.1 3,865.0 3,352.4 3,279.9 3,016.1 2,741.1 2,620.8 3,019.3 3,210.2 2,536.4 2,404.7 2,408.4 2,477.9 2,463.7 2,392.5 2,411.6 1,873.3 959.3 0 0
Total Assets 5,688.1 5,261.4 5,175.8 4,954.3 4,179.1 3,791.9 3,518.8 3,142.7 2,941.1 2,793.3 3,204.6 3,223.9 2,713.2 2,648.0 2,630.0 2,621.4 2,618.5 2,527.0 2,554.5 2,272.2 1,022.6 753.9 691.1
Current Liabilities
Account Payables 178.9 132.7 130.8 178.6 150.4 106.3 111.4 78.7 86.5 84.4 80.7 128.8 129.6 122.9 132.8 341.0 365.9 277.9 316.2 581.0 414.9 0 0
Short-Term Debt 0.4 282 0.8 0.3 2.7 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 114.8 104.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities (52.1) 0 44.2 41.3 37.2 33.7 30.6 28.8 27.0 23.4 50.9 56.9 (165.1) (154.8) (163.9) (372.2) (404.4) (306.1) (343.3) (603.0) (431.1) 0 0
Total Current Liabilities 241.9 570.5 175.8 220.1 190.3 140.4 142.0 107.5 113.5 107.8 132.0 199.6 292.8 305.1 305.5 307.3 338.7 320.1 307.8 238 83.6 0 0
Non-Current Liabilities
Long-Term Debt 2,553.0 1,927.3 2,224.3 2,066.3 1,610.0 1,608.2 1,486.8 1,297.8 1,297.0 1,347.1 1,998.3 2,037.0 1,574.9 1,453.8 1,442.1 1,048.5 948.8 948.7 948.6 1,050.2 392.1 351.7 300
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 114.8 0 118.6 115.3 107.8 73.2 69.4 57.5 54.6 53.7 0 0.5 (1,574.9) (1,453.8) (1,442.1) (1,048.5) (948.8) (948.7) (948.6) (1,050.2) (392.1) (351.7) (300)
Total Non-Current Liabilities 2,687.2 1,944.9 2,364.9 2,203.9 1,740.5 1,704.2 1,578.5 1,355.3 1,351.6 1,400.8 1,998.3 2,037.5 1,574.9 1,453.8 1,442.1 1,318.5 1,221.4 1,147.6 1,191.9 1,179.6 406.4 351.7 300
Total Liabilities 2,929.2 2,515.4 2,540.7 2,424.0 1,930.7 1,844.6 1,720.6 1,462.8 1,465.2 1,508.6 2,130.3 2,237.1 1,710.8 1,591.7 1,575.6 1,447.4 1,373.3 1,276.8 1,310.5 1,266.1 447.2 427 374.9
Stockholders' Equity
Common Stock 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 0.7 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.3 0 0
Retained Earnings 230.7 219.1 127.7 23.1 0 0 0 0 0 0 (384.0) (367.0) (203.4) (172.9) (158.3) (144.0) (127.0) (114.5) (114.2) (77.0) (51.8) (33.1) (9)
Accumulated Other Comprehensive Income 3.2 0 0 0 (182.5) (323.2) (377.7) (487.3) (540.5) (646.5) (18.4) (19.7) (3.7) (10.1) (10.6) (12.4) (219.7) (211.5) (175.9) (121.0) (91.5) 0 0
Total Stockholders' Equity 2,671.4 2,665.6 2,563.0 2,459.2 2,194.8 1,902.7 1,764.4 1,645.5 1,427.8 1,241.4 1,009.4 986.7 845.5 889.2 882.3 995.6 1,058.4 1,059.2 1,054.8 854.6 532.6 306 292.4
Total Liabilities & Equity 5,688.1 5,261.4 5,175.8 4,954.3 4,179.1 3,791.9 3,518.8 3,142.7 2,941.1 2,793.3 3,204.6 3,223.9 2,713.2 2,648.0 2,630.0 2,621.4 2,618.5 2,527.0 2,554.5 2,272.2 1,022.6 753.9 691.1
Debt Metrics
Total Debt 2,572.8 2,226.9 2,247.1 2,088.8 1,635.3 1,631.5 1,509.1 1,297.8 1,297.0 1,347.1 1,998.3 2,037.0 1,515.0 1,408.1 1,382.2 1,048.5 948.8 948.7 948.6 649.0 9.9 351.7 300
Net Debt 2,494.8 2,182.4 2,203.2 1,955.6 1,576.7 1,469.4 1,488.0 1,254.7 1,275.9 1,337.2 1,815.4 2,033.8 1,510.1 1,407.2 1,382.2 1,048.5 941.0 946.1 926.8 635.8 2.3 351.7 300
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Operating Activities
Net Income 264.1 287.3 274.6 359.1 271.0 85.5 238.8 163.2 201.5 121.2 87.1 110.6 19.1 49.4 68.3 117.9 124.7 75.7 66.1 37.9 12.3 9.5
Depreciation & Amortization 195.1 171.9 163.0 119.5 107.9 141.2 97.1 125.0 126.5 123.9 133.1 105.3 91.7 82.8 81.4 70.5 68.5 65.6 39.6 28.0 26.7 12.7
Stock-Based Compensation 0 0 0 0 0 12.9 0 27.0 29.3 28.4 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 17.7 10.7 (6.8) 26.4 13.6 1.8 10.7 (3.3) (11.3) (11.3) (9.7) (78.0) (39.7) (25.3) (39.6) (16.6) (6.1) 30.8 12.0 (2.6) (11.6) 1
Other Non-Cash Items (15.6) (119.5) (128.4) (94.1) (94.3) (0.4) (136.0) 3.0 0.4 2.7 (161.1) (60.3) 28.5 24.6 36.9 (11.5) (10.3) (23.1) (15.1) (0.8) 11.1 0.4
Operating Cash Flow 461.3 350.4 302.3 410.9 267.0 241.1 245.6 210.5 191.4 173.3 49.4 77.7 99.6 131.6 147.1 160.2 176.9 149.1 102.6 62.6 38.5 23.6
Investing Activities
Capital Expenditure (346.5) (215.6) (361.9) (522.4) (233.2) (161.1) (254.2) (355.2) (146.0) (180.0) (920.7) (485.4) (312.4) (337.4) (400.0) (494.1) (233.4) (625.0) (827.9) (257.2) (87.9) (72.9)
Acquisitions (4.4) (5.7) (12.3) (5.6) (1.6) (42.7) (0.2) (25.2) 0 0 537.3 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 (5.7) 0 (5.6) (1.6) (42.7) (0.2) (25.2) (188.5) (107.5) (45.2) (5.4) (59.3) (16.6) (6.0) (22.3) 0 (8.3) 0 (257.2) 0 0
Sales/Maturities of Investments 0 158.9 0 175.4 234.7 203.9 254.4 184.8 228.1 163.4 6.8 426.2 329.0 368.4 357.4 409.1 227.3 99.9 38.4 272.2 0 0
Other Investing Activities (519.8) (279.1) (366.0) (270.9) (415.3) (209.0) (205.2) (2.6) (324.3) (274.4) 50.1 74.6 75.3 20.1 9.9 20.0 (3.9) (2.1) (16.1) 1.6 3.7 0
Investing Cash Flow (524.2) (131.6) (378.3) (629.1) (416.8) (251.7) (205.4) (223.4) (96.2) (111.0) (371.7) 10.0 32.6 34.6 (38.8) (87.3) (10.0) (535.6) (805.5) (240.6) (84.2) (72.9)
Financing Activities
Net Debt Issuance 344.4 (17.3) 155.7 459.5 14.6 111.9 184.8 (10.1) (48.7) (93.1) 239.2 108.3 2.9 2.6 107.6 73.7 (44.3) 5.7 741.3 28.2 51.3 43.7
Stock Repurchased (1.6) 0 0 0 0 0 (4.4) (6.0) (2.4) (5.2) 0 (325.2) (2.9) (31.5) (69.7) (11.7) (0.2) 0 0 0 0 0
Dividends Paid (231.2) (193.5) (169.4) (155.3) (139.7) (127.3) (117.2) (109.6) (100.5) (82.7) (145.8) (13.3) (146.1) (149.3) (160.4) (138.3) (141.4) (122.4) (80.0) (52.4) (38.6) (9.6)
Other Financing Activities (22.4) (0.1) (11.6) (12.5) (11.7) (5.6) (5.4) 142.6 (9.3) (0.4) (5.1) (3.8) (0.1) 96.2 (12.0) 8.4 (1.2) 272.9 (457.2) 198.4 (49.9) (16)
Financing Cash Flow 89.2 (211.0) (25.3) 304.5 8.9 57.6 62.1 16.8 (85.0) (56.5) 325.6 (83.5) (131.4) (166.2) (116.1) (67.8) (186.1) 395.1 708.4 176.7 45.4 51
Cash Position
Net Change in Cash 26.4 7.8 (101.3) 86.3 (140.9) 46.9 102.3 3.9 11.3 5.9 3.3 4.1 (131.4) 0 (116.1) 5.1 (19.2) 8.6 5.6 (1.3) 45.4 51
Cash at Beginning 51.7 43.8 145.1 58.8 199.7 152.7 50.4 46.5 9.9 4.0 4.9 0.8 132.2 0 7.7 2.6 21.8 13.2 7.6 8.9 9.1 7.4
Cash at End 78.0 51.7 43.8 145.1 58.8 199.7 152.7 50.4 21.1 9.9 8.2 4.9 0.8 0 (108.3) 7.7 2.6 21.8 13.2 7.6 54.5 58.4
Free Cash Flow 114.9 134.9 (59.6) (111.5) 33.9 80.0 (8.6) (144.7) 45.4 (6.7) (871.4) (407.7) (212.8) (205.8) (252.9) (333.8) (56.5) (475.9) (725.2) (194.5) (49.4) (49.3)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Income Statement
Revenue 727.1 669.6 614.0 539.9 476.3 447.8 425.5 403.7 396.4 378.0 365.8 346.9 318.6 306.1 317.8 288.5 412.0 526.3 434.9 396.0 325.5 319.7 341.4 346.6 384.5 386.1 374.2 349.7 223.2 140.1 106.5 46.6
Gross Profit 164.3 486.8 448.4 396.3 345.0 328.6 308.9 286.8 282.9 265.2 249.8 231.4 214.5 209.5 87.6 81.8 88.2 100.8 117.3 109.6 95.8 212.5 341.4 346.6 384.5 386.1 374.2 349.7 223.2 140.1 106.5 46.6
Operating Income 307.7 272.4 244.6 214.0 179.4 198.4 231.1 259.1 254.8 238.5 224.4 208.0 191.7 73.6 67.0 55.2 (68.1) (98.3) (97.3) (91.7) (70.5) (20.9) 134.2 386.9 68.3 287.8 95.0 84.2 338 218.9 167.9 71.1
Net Income 247.4 287.3 274.8 359.1 271.0 201.6 238.8 163.2 201.5 121.2 73.8 49.1 40.3 (6.9) (7.4) (202.8) (17.2) 39.6 155.1 112.1 87.1 110.6 113.8 119.6 122.4 117.9 124.7 75.7 51.9 37.1 12.3 9.5
EPS (Diluted) 1.87 2.17 2.07 2.72 2.09 1.53 1.88 1.31 1.69 1.05 0.66 0.42 0.24 -0.24 -0.34 -3.53 -0.28 0.50 2.99 2.04 1.80 2.17 2.43 2.39 2.24 2.21 2.41 1.20 1.26 1.24 0.63 0.51
Balance Sheet
Cash & Equivalents 78.0 44.5 43.8 133.2 58.6 162.1 21.1 43.1 21.1 9.9 182.9 3.2 4.9 0.8 0 0 7.7 2.6 21.8 13.2 7.6 0 0
Total Assets 5,688.1 5,261.4 5,175.8 4,954.3 4,179.1 3,791.9 3,518.8 3,142.7 2,941.1 2,793.3 3,204.6 3,223.9 2,713.2 2,648.0 2,630.0 2,621.4 2,618.5 2,527.0 2,554.5 2,272.2 1,022.6 753.9 691.1
Total Debt 2,572.8 2,226.9 2,247.1 2,088.8 1,635.3 1,631.5 1,509.1 1,297.8 1,297.0 1,347.1 1,998.3 2,037.0 1,515.0 1,408.1 1,382.2 1,048.5 948.8 948.7 948.6 649.0 9.9 351.7 300
Stockholders' Equity 2,671.4 2,665.6 2,563.0 2,459.2 2,194.8 1,902.7 1,764.4 1,645.5 1,427.8 1,241.4 1,009.4 986.7 845.5 889.2 882.3 995.6 1,058.4 1,059.2 1,054.8 854.6 532.6 306 292.4
Cash Flow
Operating Cash Flow 461.3 350.4 302.3 410.9 267.0 241.1 245.6 210.5 191.4 173.3 49.4 77.7 99.6 131.6 147.1 160.2 176.9 149.1 102.6 62.6 38.5 23.6
Capital Expenditure (346.5) (215.6) (361.9) (522.4) (233.2) (161.1) (254.2) (355.2) (146.0) (180.0) (920.7) (485.4) (312.4) (337.4) (400.0) (494.1) (233.4) (625.0) (827.9) (257.2) (87.9) (72.9)
Free Cash Flow 114.9 134.9 (59.6) (111.5) 33.9 80.0 (8.6) (144.7) 45.4 (6.7) (871.4) (407.7) (212.8) (205.8) (252.9) (333.8) (56.5) (475.9) (725.2) (194.5) (49.4) (49.3)