First Financial Statements From 2010 to 2026

FR Stock  USD 58.03  0.15  0.26%   
First Industrial's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing First Industrial's valuation are provided below:
Gross Profit
525.2 M
Profit Margin
0.3319
Market Capitalization
7.9 B
Enterprise Value Revenue
14.1311
Revenue
714 M
There are over one hundred nineteen available fundamental signals for First Industrial Realty, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to verify First Industrial's prevailing fundamental performance against the performance between 2010 and 2026 to make sure the trends are evolving in the right direction. As of 01/30/2026, Market Cap is likely to grow to about 8.1 B. Also, Enterprise Value is likely to grow to about 9.6 B

First Industrial Total Revenue

409.12 Million

Check First Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Industrial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 126.3 M, Interest Expense of 60.6 M or Selling General Administrative of 33.5 M, as well as many indicators such as Price To Sales Ratio of 4.9, Dividend Yield of 0.0319 or PTB Ratio of 1.39. First financial statements analysis is a perfect complement when working with First Industrial Valuation or Volatility modules.
  
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Check out the analysis of First Industrial Correlation against competitors.

First Industrial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.2 B6.1 B3.5 B
Slightly volatile
Short and Long Term Debt Total1.5 B2.6 B1.6 B
Slightly volatile
Total Stockholder Equity3.2 B3.1 B1.8 B
Slightly volatile
Property Plant And Equipment Net2.8 B5.5 B2.9 B
Slightly volatile
Net Debt1.5 B2.5 B1.5 B
Slightly volatile
Other Assets6.1 B5.8 B1.6 B
Slightly volatile
Common Stock Shares Outstanding81.4 M152.3 M111.3 M
Slightly volatile
Liabilities And Stockholders Equity3.2 B6.1 B3.5 B
Slightly volatile
Non Current Liabilities Total1.6 B2.7 B1.6 B
Slightly volatile
Other Stockholder Equity1.6 B2.8 B1.9 B
Slightly volatile
Total Liabilities1.8 B2.9 B1.8 B
Slightly volatile
Property Plant And Equipment Gross17 M17.9 M199.9 M
Slightly volatile
Total Current Liabilities163.5 M159.9 M136.1 M
Slightly volatile
Accounts Payable136.1 M111.5 M125.1 M
Pretty Stable
Cash34.7 M51.2 M39.2 M
Slightly volatile
Non Current Assets Total6.1 B5.8 B3.5 B
Slightly volatile
Cash And Short Term Investments34.7 M51.2 M39.2 M
Slightly volatile
Net Receivables205.5 M195.7 M95.9 M
Slightly volatile
Common Stock Total Equity855.3 K1.5 M1.1 M
Slightly volatile
Total Current Assets300.4 M286.1 M209.2 M
Slightly volatile
Common Stock895.1 K1.5 M1.1 M
Slightly volatile
Other Liabilities75 M103.8 M79.4 M
Slightly volatile
Long Term Debt1.7 B2.2 B1.5 B
Slightly volatile
Intangible Assets33.6 M17.4 M31 M
Slightly volatile
Net Tangible Assets1.6 B2.8 B1.6 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity109.9 M64 M118.3 M
Pretty Stable
Long Term Debt Total1.6 B2.5 B1.5 B
Slightly volatile
Capital Surpluse2.3 B2.8 B2.1 B
Slightly volatile
Long Term Investments31.4 M58.9 M32.4 M
Very volatile
Non Current Liabilities Other22.3 M43 M23.2 M
Slightly volatile
Short and Long Term Debt241.1 M253.8 M736.6 M
Slightly volatile
Cash And Equivalents65.7 M51.2 M42 M
Slightly volatile
Net Invested Capital4.2 B5.6 B3.5 B
Slightly volatile
Capital Stock1.4 M1.5 M1.3 M
Slightly volatile
Capital Lease Obligations17.3 M15.8 M21.4 M
Slightly volatile

First Industrial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization126.3 M202.7 M132.1 M
Slightly volatile
Selling General Administrative33.5 M47.1 M28.8 M
Slightly volatile
Total Revenue409.1 M773 M432.7 M
Slightly volatile
Gross Profit589.1 M561 M320.8 M
Slightly volatile
Other Operating Expenses286.8 M430.6 M224.6 M
Slightly volatile
Operating Income359.6 M342.4 M226.6 M
Slightly volatile
EBIT332 M316.2 M171.2 M
Slightly volatile
EBITDA544.9 M518.9 M308.4 M
Slightly volatile
Total Operating Expenses131.9 M171.1 M96.8 M
Slightly volatile
Cost Of Revenue147.2 M165.9 M140 M
Very volatile
Discontinued Operations27.6 M32 M27.1 M
Slightly volatile
Preferred Stock And Other Adjustments2.1 M2.2 M6.2 M
Slightly volatile
Interest Income46.7 M74.1 M65.6 M
Slightly volatile
Reconciled Depreciation138.7 M202.7 M118.2 M
Slightly volatile

First Industrial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow42.9 M50.4 M51.2 M
Slightly volatile
Depreciation124.8 M202.7 M130.4 M
Slightly volatile
Capital Expenditures286.4 M260.5 M264.7 M
Slightly volatile
Total Cash From Operating Activities425.6 M405.4 M229.5 M
Slightly volatile
End Period Cash Flow42.8 M59.4 M54.7 M
Slightly volatile
Stock Based Compensation25.8 M42.7 M23.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.98.888.6716
Slightly volatile
Dividend Yield0.03190.03350.0245
Slightly volatile
PTB Ratio1.392.242.224
Slightly volatile
Days Sales Outstanding87.3383.1869.2705
Slightly volatile
Book Value Per Share22.5423.8615.5358
Slightly volatile
Operating Cash Flow Per Share2.453.061.8853
Slightly volatile
Average Payables155.1 M146.4 M152.6 M
Slightly volatile
Stock Based Compensation To Revenue0.03150.03320.0532
Slightly volatile
Capex To Depreciation4.75.032.8327
Slightly volatile
PB Ratio1.392.242.224
Slightly volatile
EV To Sales7.7411.8112.106
Slightly volatile
ROIC0.08340.0660.0652
Pretty Stable
Payables Turnover1.781.711.3901
Pretty Stable
Sales General And Administrative To Revenue0.04510.05480.0642
Pretty Stable
Capex To Revenue1.210.920.7106
Pretty Stable
Cash Per Share0.330.30.3216
Slightly volatile
POCF Ratio12.1916.9417.5131
Slightly volatile
Capex To Operating Cash Flow1.391.461.3473
Slightly volatile
Days Payables Outstanding216221291
Very volatile
EV To Operating Cash Flow21.1122.5125.1232
Pretty Stable
Intangibles To Total Assets0.0040.00420.0094
Slightly volatile
Current Ratio0.681.261.4059
Pretty Stable
Tangible Book Value Per Share22.0723.6915.2891
Slightly volatile
Receivables Turnover4.314.5411.0414
Slightly volatile
Graham Number30.9536.0721.1182
Slightly volatile
Shareholders Equity Per Share20.4223.1614.9423
Slightly volatile
Debt To Equity1.330.961.0284
Slightly volatile
Capex Per Share8.394.552.866
Slightly volatile
Revenue Per Share6.715.843.9389
Slightly volatile
Interest Debt Per Share24.8620.0714.4281
Slightly volatile
Debt To Assets0.370.380.4503
Slightly volatile
Enterprise Value Over EBITDA15.017.5917.6024
Slightly volatile
Short Term Coverage Ratios356354416
Slightly volatile
Operating Cycle87.3383.1869.2705
Slightly volatile
Price Book Value Ratio1.392.242.224
Slightly volatile
Days Of Payables Outstanding216221291
Very volatile
Price To Operating Cash Flows Ratio12.1916.9417.5131
Slightly volatile
Operating Profit Margin0.540.510.5674
Slightly volatile
Company Equity Multiplier2.782.272.2227
Slightly volatile
Long Term Debt To Capitalization0.590.520.5027
Slightly volatile
Total Debt To Capitalization0.420.410.4882
Slightly volatile
Return On Capital Employed0.07040.06740.0691
Very volatile
Debt Equity Ratio1.330.961.0284
Slightly volatile
Ebit Per Revenue0.540.510.5674
Slightly volatile
Quick Ratio0.681.261.4059
Pretty Stable
Dividend Paid And Capex Coverage Ratio1.721.640.8917
Slightly volatile
Net Income Per E B T0.460.861.7725
Slightly volatile
Cash Ratio0.180.230.2521
Slightly volatile
Operating Cash Flow Sales Ratio0.320.470.4727
Slightly volatile
Days Of Sales Outstanding87.3383.1869.2705
Slightly volatile
Cash Flow Coverage Ratios0.350.180.1458
Slightly volatile
Price To Book Ratio1.392.242.224
Slightly volatile
Fixed Asset Turnover0.110.130.1325
Pretty Stable
Capital Expenditure Coverage Ratio0.460.710.8289
Very volatile
Price Cash Flow Ratio12.1916.9417.5131
Slightly volatile
Enterprise Value Multiple15.017.5917.6024
Slightly volatile
Debt Ratio0.370.380.4503
Slightly volatile
Cash Flow To Debt Ratio0.350.180.1458
Slightly volatile
Price Sales Ratio4.98.888.6716
Slightly volatile
Asset Turnover0.10.110.1198
Very volatile
Gross Profit Margin0.450.650.6641
Pretty Stable
Price Fair Value1.392.242.224
Slightly volatile

First Industrial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap8.1 B7.7 B6.8 B
Slightly volatile
Enterprise Value9.6 B9.1 B8.3 B
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings36.7647
Cash And Short Term Investments44.5 M

First Upcoming Events

7th of February 2024
Upcoming Quarterly Report
View
17th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About First Industrial Financial Statements

First Industrial shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although First Industrial investors may analyze each financial statement separately, they are all interrelated. The changes in First Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses on on First Industrial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue120.2 M126.3 M
Total Revenue773 M409.1 M
Cost Of Revenue165.9 M147.2 M
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.05  0.05 
Capex To Revenue 0.92  1.21 
Revenue Per Share 5.84  6.71 
Ebit Per Revenue 0.51  0.54 

Pair Trading with First Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

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Moving against First Stock

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  0.63DEI Douglas EmmettPairCorr
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  0.54JBGS JBG SMITH PropertiesPairCorr
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The ability to find closely correlated positions to First Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Industrial Realty to buy it.
The correlation of First Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Industrial Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for First Stock Analysis

When running First Industrial's price analysis, check to measure First Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Industrial is operating at the current time. Most of First Industrial's value examination focuses on studying past and present price action to predict the probability of First Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Industrial's price. Additionally, you may evaluate how the addition of First Industrial to your portfolios can decrease your overall portfolio volatility.