Stocks · Real estate · Real Estate Investment Trusts

FIRST INDUSTRIAL REALTY TRUST INC

FR Clue Score49
United States Fiscal year ends December CIK 0000921825
$59.43 +0.22% Close, 9 Oct 2026
Price $59.43 +10.63% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue378.0Net income121.2EPS, diluted1.05Fiscal year 2017Revenue396.4 +4.9%Net income201.5 +66.2%EPS, diluted1.69 +61.0%Fiscal year 2018Revenue404.0 +1.9%Net income163.2 −19.0%EPS, diluted1.31 −22.5%Fiscal year 2019Revenue426.0 +5.5%Net income238.8 +46.3%EPS, diluted1.88 +43.5%Fiscal year 2020Revenue448.0 +5.2%Net income196.0 −17.9%EPS, diluted1.53 −18.6%Fiscal year 2021Revenue476.3 +6.3%Net income271.0 +38.3%EPS, diluted2.09 +36.6%Fiscal year 2022Revenue539.9 +13.4%Net income359.1 +32.5%EPS, diluted2.72 +30.1%Fiscal year 2023Revenue614.0 +13.7%Net income274.8 −23.5%EPS, diluted2.07 −23.9%Fiscal year 2024Revenue669.6 +9.1%Net income287.6 +4.6%EPS, diluted2.17 +4.8%Fiscal year 2025Revenue727.1 +8.6%Net income247.4 −13.9%EPS, diluted1.87 −13.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 378.0 396.4 404.0 426.0 448.0 476.3 539.9 614.0 669.6 727.1
Growth +4.9% +1.9% +5.5% +5.2% +6.3% +13.4% +13.7% +9.1% +8.6%
Net income 121.2 201.5 163.2 238.8 196.0 271.0 359.1 274.8 287.6 247.4
Growth +66.2% −19.0% +46.3% −17.9% +38.3% +32.5% −23.5% +4.6% −13.9%
EPS, diluted 1.05 1.69 1.31 1.88 1.53 2.09 2.72 2.07 2.17 1.87
Growth +61.0% −22.5% +43.5% −18.6% +36.6% +30.1% −23.9% +4.8% −13.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin32.1%Fiscal year 2017Net margin50.8%Fiscal year 2018Net margin40.4%Fiscal year 2019Net margin56.1%Fiscal year 2020Net margin43.7%Fiscal year 2021Net margin56.9%Fiscal year 2022Net margin66.5%Fiscal year 2023Net margin44.8%Fiscal year 2024Net margin42.9%Fiscal year 2025Net margin34.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 32.1% 50.8% 40.4% 56.1% 43.7% 56.9% 66.5% 44.8% 42.9% 34.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow173.9Dividends paid−82.7Fiscal year 2017Operating cash flow192.6Dividends paid−100.5Fiscal year 2018Operating cash flow210.5Dividends paid−109.6Fiscal year 2019Operating cash flow245.5Dividends paid−117.2Fiscal year 2020Operating cash flow240.4Dividends paid−127.3Fiscal year 2021Operating cash flow266.9Dividends paid−139.7Fiscal year 2022Operating cash flow410.9Dividends paid−155.3Fiscal year 2023Operating cash flow304.8Dividends paid−169.4Fiscal year 2024Operating cash flow352.5Dividends paid−193.5Fiscal year 2025Operating cash flow461.3Dividends paid−231.2
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 173.9 192.6 210.5 245.5 240.4 266.9 410.9 304.8 352.5 461.3
Dividends paid −82.7 −100.5 −109.6 −117.2 −127.3 −139.7 −155.3 −169.4 −193.5 −231.2

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash9.9Total debt1,353.7Net cash (debt)−1,343.8Shareholders’ equity1,241.4Debt to equity1.09Fiscal year 2017Cash21.1Total debt1,304.8Net cash (debt)−1,283.7Shareholders’ equity1,427.8Debt to equity0.91Fiscal year 2018Cash43.1Shareholders’ equity1,645.5Fiscal year 2019Cash21.1Shareholders’ equity1,764.4Fiscal year 2020Cash162.1Shareholders’ equity1,902.7Fiscal year 2021Cash58.6Shareholders’ equity2,194.8Fiscal year 2022Cash133.2Shareholders’ equity2,459.2Fiscal year 2023Cash43.8Shareholders’ equity2,563.0Fiscal year 2024Cash44.5Shareholders’ equity2,665.6Fiscal year 2025Cash78.0Shareholders’ equity2,671.4
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 9.9 21.1 43.1 21.1 162.1 58.6 133.2 43.8 44.5 78.0
Total debt 1,353.7 1,304.8 n/a n/a n/a n/a n/a n/a n/a n/a
Net cash (debt) −1,343.8 −1,283.7 n/a n/a n/a n/a n/a n/a n/a n/a
Shareholders’ equity 1,241.4 1,427.8 1,645.5 1,764.4 1,902.7 2,194.8 2,459.2 2,563.0 2,665.6 2,671.4
Debt to equity 1.09 0.91 n/a n/a n/a n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
9.9 21.1 43.1 21.1 162.1 58.6 133.2 43.8 44.5 78.0
2,793.3 2,941.1 3,142.7 3,518.8 3,791.9 4,179.1 4,954.3 5,175.8 5,261.4 5,688.1
Growth +5.3% +6.9% +12.0% +7.8% +10.2% +18.6% +4.5% +1.7% +8.1%
Liabilities
1,353.7 1,304.8 n/a n/a n/a n/a n/a n/a n/a n/a
calc 1,353.7 1,304.8 n/a n/a n/a n/a n/a n/a n/a n/a
1,508.6 1,465.2 1,462.8 1,720.6 1,844.6 1,930.7 2,424.0 2,540.7 2,515.4 2,929.2
Equity
n/a n/a n/a n/a n/a n/a 23.1 127.7 219.1 230.7
1,241.4 1,427.8 1,645.5 1,764.4 1,902.7 2,194.8 2,459.2 2,563.0 2,665.6 2,671.4
Growth +15.0% +15.2% +7.2% +7.8% +15.4% +12.0% +4.2% +4.0% +0.2%
Per share and net cash
calc −1,343.8 −1,283.7 n/a n/a n/a n/a n/a n/a n/a n/a
117.1 119.9 126.3 127.0 129.1 131.7 132.1 132.3 132.3 132.5
calc 10.60 11.91 13.03 13.89 14.74 16.66 18.61 19.37 20.14 20.17

Lines marked calc are worked out here from filed figures; point at one for how.