First Industrial Realty Trust (FR)

NYSE Real Estate Industrial REITs S&P MidCap 400
$53.76
-0.16 (-0.30%)
Close of Nov 06, 2026 · end-of-day data
Source: First Industrial Realty Trust's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$378.02M$396.40M$403.95M$425.98M$448.03M$476.29M$539.93M$614.03M$669.64M$727.08M
Interest expense$59.43M$57.20M$50.77M$50.27M——————
Pre-tax income$126.77M$209.49M$167.52M$231.05M$198.38M$282.21M$290.03M$262.32M$297.77M$244.69M
Income tax$1.09M$1.19M-$92.00K$3.41M$2.41M$4.88M$23.36M$8.69M$6.08M$15.28M
Net income$121.23M$201.46M$163.24M$238.78M$195.99M$271.00M$359.13M$274.82M$287.55M$247.44M
EPS (basic)$1.05$1.70$1.31$1.89$1.53$2.09$2.72$2.08$2.17$1.87
EPS (diluted)$1.05$1.69$1.31$1.88$1.53$2.09$2.72$2.07$2.17$1.87
Diluted shares115.37M118.79M124.19M126.69M127.90M129.78M132.10M132.34M132.42M132.51M
Net margin32.1%50.8%40.4%56.1%43.7%56.9%66.5%44.8%42.9%34.0%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$9.86M$21.15M$43.10M$21.12M$162.09M$58.59M$133.24M$43.84M$44.51M$78.03M
Total assets$2.79B$2.94B$3.14B$3.52B$3.79B$4.18B$4.95B$5.18B$5.26B$5.69B
Long-term debt$1.35B$1.30B————————
Total debt$1.35B$1.30B————————
Total liabilities$1.51B$1.47B$1.46B$1.72B$1.84B$1.93B$2.42B$2.54B$2.52B$2.93B
Shareholders' equity$1.24B$1.43B$1.65B$1.76B$1.90B$2.19B$2.46B$2.56B$2.67B$2.67B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$173.89M$192.56M$210.50M$245.53M$240.43M$266.89M$410.94M$304.81M$352.49M$461.26M
Free cash flow$173.89M$192.56M$210.50M$245.53M$240.43M$266.89M$410.94M$304.81M$352.49M$461.26M
Investing cash flow-$122.39M-$82.50M-$223.40M-$205.39M-$251.74M-$416.82M-$629.11M-$378.31M-$131.62M-$524.18M
Financing cash flow-$57.02M-$85.05M$16.79M$62.20M$58.25M$9.05M$304.50M-$27.78M-$213.03M$89.27M
Dividends paid$82.70M$100.52M$109.65M$117.21M$127.34M$139.71M$155.33M$169.37M$193.48M$231.22M
Stock-based compensation$7.37M$8.61M$7.59M$8.38M$12.93M$13.72M$15.72M$16.67M$20.09M$20.30M
Depreciation & amortization$117.28M$116.36M$116.46M$121.23M$129.64M$130.95M$147.42M$162.95M$171.94M$185.32M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.