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 year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
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 shares
115.37M
118.79M
124.19M
126.69M
127.90M
129.78M
132.10M
132.34M
132.42M
132.51M
Net margin
32.1%
50.8%
40.4%
56.1%
43.7%
56.9%
66.5%
44.8%
42.9%
34.0%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
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 year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
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
Income statement
quarters · USD
Quarter ended
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
$155.10M
$157.28M
$162.27M
$164.14M
$167.65M
$175.59M
$177.07M
$180.16M
$181.43M
$188.41M
$194.83M
$194.94M
Pre-tax income
$75.94M
$90.81M
$70.28M
$52.14M
$104.88M
$70.48M
$55.31M
$57.02M
$67.17M
$65.19M
$151.82M
$78.44M
Income tax
$333.00K
$733.00K
$1.18M
$426.00K
$3.30M
$1.17M
$5.90M
$79.00K
$192.00K
$9.11M
$4.01M
-$1.18M
Net income
$75.01M
$89.20M
$68.45M
$51.32M
$99.36M
$68.42M
$48.10M
$55.19M
$65.31M
$78.85M
$143.10M
$77.10M
EPS (basic)
$0.57
$0.68
$0.52
$0.39
$0.75
$0.52
$0.36
$0.42
$0.49
$0.60
$1.08
$0.58
EPS (diluted)
$0.57
$0.67
$0.52
$0.39
$0.75
$0.52
$0.36
$0.42
$0.49
$0.60
$1.08
$0.58
Diluted shares
132.34M
16.00K
132.41M
132.40M
132.42M
7.00K
132.49M
132.48M
132.50M
22.00K
132.64M
132.67M
Net margin
48.4%
56.7%
42.2%
31.3%
59.3%
39.0%
27.2%
30.6%
36.0%
41.8%
73.5%
39.5%
Balance sheet
quarters · USD
Quarter ended
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Cash & equivalents
$54.25M
$43.84M
$48.88M
$38.55M
$47.12M
$44.51M
$35.74M
$34.95M
$33.51M
$78.03M
$37.15M
$46.05M
Total assets
$5.15B
$5.18B
$5.20B
$5.21B
$5.20B
$5.26B
$5.45B
$5.45B
$5.51B
$5.69B
$5.77B
$5.78B
Total liabilities
$2.54B
$2.54B
$2.53B
$2.53B
$2.49B
$2.52B
$2.70B
$2.72B
$2.77B
$2.93B
$2.92B
$2.91B
Shareholders' equity
$2.54B
$2.56B
$2.60B
$2.60B
$2.63B
$2.67B
$2.65B
$2.65B
$2.65B
$2.67B
$2.76B
$2.78B
Cash flow
quarters · USD
Quarter ended
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Operating cash flow
$84.33M
$64.37M
$62.50M
$107.73M
$105.47M
$76.78M
$88.57M
$126.05M
$124.61M
$122.03M
$88.89M
$113.96M
Free cash flow
$84.33M
$64.37M
$62.50M
$107.73M
$105.47M
$76.78M
$88.57M
$126.05M
$124.61M
$122.03M
$88.89M
$113.96M
Investing cash flow
-$71.78M
-$55.43M
-$19.03M
-$52.85M
$4.37M
-$64.11M
-$213.35M
-$76.70M
-$70.90M
-$163.24M
-$72.48M
$32.44M
Financing cash flow
-$26.41M
-$19.35M
-$38.43M
-$57.22M
-$101.21M
-$16.17M
$110.51M
-$51.81M
-$51.85M
$82.43M
-$57.30M
-$69.37M
Dividends paid
$43.22M
$43.22M
$43.22M
$50.09M
$50.09M
$50.09M
$50.09M
$60.38M
$60.38M
$60.38M
$60.38M
$68.07M
Stock-based compensation
$3.44M
$3.83M
$9.11M
$3.88M
$3.58M
$3.52M
$13.93M
$2.34M
$2.02M
$2.00M
$15.05M
$2.61M
Depreciation & amortization
$41.15M
$41.44M
$41.82M
$43.05M
$43.52M
$43.56M
$43.75M
$47.21M
$45.75M
$48.61M
$50.07M
$50.23M
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.