Seasonality
FR seasonality — First Industrial Realty Trust
Over the last 11 years, FR's strongest month on average has been July (+5.9%) and its weakest September (-4.5%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +1.09% | -0.31% | 50% | +13.4% | -8.2% | 10 |
| Feb | +0.48% | +2.66% | 60% | +8.8% | -9.8% | 10 |
| Mar | -0.40% | -0.01% | 50% | +7.5% | -13.7% | 10 |
| Apr | +0.83% | +2.71% | 50% | +13.7% | -13.6% | 10 |
| May | +0.70% | +1.02% | 60% | +5.8% | -8.4% | 10 |
| Jun | -0.13% | +1.04% | 60% | +5.8% | -10.7% | 10 |
| Jul | +5.88% | +5.76% | 80% | +15.2% | -2.4% | 10 |
| Aug | +0.62% | +0.99% | 60% | +8.0% | -6.0% | 10 |
| Sep | -4.54% | -3.52% | 10% | +1.6% | -11.6% | 10 |
| Oct | +0.64% | +1.33% | 60% | +11.8% | -11.1% | 10 |
| Nov | +4.74% | +4.43% | 100% | +11.2% | +1.1% | 9 |
| Dec | +0.17% | -1.23% | 50% | +11.9% | -10.0% | 10 |
Monthly returns heat map — FR
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.3 | 8.8 | -8.4 | 7.2 | -0.2 | -0.9 | 7.4 | -6.0 | -3.8 | -8.6 | -1.2 | -6.1% | |
| 2025 | 6.5 | 6.9 | -5.5 | -11.8 | 3.9 | -2.6 | 1.2 | 8.0 | -2.1 | 7.4 | 3.5 | 0.1 | +14.2% |
| 2024 | -2.2 | 2.9 | -0.9 | -13.6 | 3.7 | 0.8 | 15.2 | 3.7 | -1.3 | -6.2 | 1.8 | -6.2 | -4.8% |
| 2023 | 10.6 | -1.1 | 0.8 | -1.4 | -0.9 | 1.3 | -1.8 | 0.5 | -8.4 | -11.1 | 11.2 | 11.9 | +9.1% |
| 2022 | -8.2 | -5.3 | 7.5 | -6.3 | -8.4 | -10.7 | 9.4 | -2.4 | -11.6 | 6.3 | 6.1 | -4.5 | -27.1% |
| 2021 | -3.5 | 5.1 | 7.2 | 8.7 | 1.8 | 3.1 | 4.9 | 2.2 | -7.0 | 11.8 | 3.7 | 9.6 | +57.1% |
| 2020 | 2.9 | -9.8 | -13.7 | 13.7 | 0.3 | 1.5 | 14.3 | -2.9 | -6.7 | 0.0 | 5.2 | 0.6 | +1.5% |
| 2019 | 13.4 | 2.4 | 5.5 | -0.2 | -1.6 | 5.8 | 4.0 | 2.0 | 1.6 | 6.5 | 1.1 | -2.5 | +43.8% |
| 2018 | -1.9 | -9.2 | 4.3 | 6.4 | 5.8 | 1.2 | -2.4 | -0.3 | -3.3 | -2.2 | 4.4 | -10.0 | -8.3% |
| 2017 | -7.8 | 4.1 | -1.0 | 5.7 | 2.6 | -0.9 | 6.6 | 1.5 | -2.9 | 2.6 | 5.4 | -3.3 | +12.2% |
| 2016 | 6.0 |