YouTube · Q1 2026 · 2026-04-23
FR · NYSE
First Industrial Realty Trust, Inc.
REIT - Industrial · United States
USD 59.21-0.0% daily changeQuote 2026-10-06 · USD
- Market cap (USD)
- US$8.11B
- Trailing P/E
- 21.53x
- Forward P/E
- 31.41x
- Quarterly revenue growth
- 8.4%
- Trailing net margin
- 47.9%
- Indicated dividend yield
- 3.4%
Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-21 (provider estimate, not issuer-confirmed).
Company background
First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. In total, we own and have under development approximately 72.1 million square feet of industrial space concentrated in 15 target MSAs as of June 30, 2026. First Industrial Realty Trust, Inc. was established on August 10, 1993 and is based in Chicago, United States.
Company websiteQ1 2026
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Comparable businesses
FR peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | FRFirst Industrial Realty Trust, Inc.Snapshot 2026-10-06Financial period: 2026-06-30 | EGPEastGroup Properties, Inc.Snapshot 2026-10-06Financial period: 2026-06-30 | PLDPrologis, Inc.Snapshot 2026-10-06Financial period: 2026-06-30 |
|---|---|---|---|
| Market capMarket value, converted to USD | US$8.11B | US$10.51B | US$124.92B |
| Forward P/EProvider forward earnings estimate | 31.41x | 35.18x | 38.55x |
| EV / EBITDAEnterprise value / trailing EBITDA | 20.14x | 24.65x | 23.64x |
| Revenue growthLatest quarter vs prior-year quarter | 8.4% | 9.1% | 12.3% |
| Operating marginLatest reported quarter | 45.1% | 40.8% | 43.0% |
| Free cash flow yieldTrailing cash flow / market cap | 3.6% | 3.6% | 4.3% |
| Net debt / EBITDANet debt / trailing EBITDA | 4.88x | 3.26x | 5.24x |
| Debt / equityTotal debt / positive book equity | 0.90x | 0.46x | 0.64x |
| Trailing P/ETrailing twelve-month earnings | 21.53x | 34.31x | 28.56x |
| Price / bookPrice / positive book equity per share | 2.83x | 2.91x | 2.23x |
| EV / salesEnterprise value / trailing revenue | 13.79x | 16.12x | 16.49x |
| Earnings growthLatest quarter vs prior-year quarter | 39.3% | 16.7% | 85.3% |
| Gross marginTrailing twelve months | 73.7% | 73.6% | 75.5% |
| Net marginTrailing twelve months | 47.9% | 40.6% | 43.6% |
| Return on equityProvider trailing return; positive equity only | 13.6% | 8.7% | 7.7% |
| Free cash flow marginTrailing free cash flow / revenue | 38.2% | 50.5% | 56.0% |
| Dividend yieldIndicated annual dividend / price | 3.4% | 3.6% | 3.3% |
| Earnings payoutProvider trailing dividend payout | 68.7% | 108.8% | 92.4% |
| Current ratioCurrent assets / current liabilities | 1.50x | 0.41x | 0.65x |
| BetaProvider historical market sensitivity | 1.04 | 1.02 | 1.32 |
YouTube · Q1 2026 · 2026-04-23
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Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
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Revenue
Reported figures
Financial data & calculation notes
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Market context
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Adjusted closing price
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for FR
Q1 20262026-04-23
FR Stock: EPS Beats by 11% — Q1 2026 Earnings Analysis
Presentation · 2026-04-23 · YouTube