First Financial Statements From 2010 to 2026

FR Stock  USD 62.08  1.35  2.22%   
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
535.5 M
Profit Margin
0.3401
Market Capitalization
8.5 B
Enterprise Value Revenue
14.5006
Revenue
727.6 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 02/22/2026, Market Cap is likely to grow to about 7.2 B. Also, Enterprise Value is likely to grow to about 9.5 B

First Industrial Total Revenue

417.15 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 128.7 M, Interest Expense of 61.7 M or Selling General Administrative of 33.9 M, as well as many indicators such as Price To Sales Ratio of 10.95, Dividend Yield of 0.029 or PTB Ratio of 2.98. 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 Assets3.3 B5.7 B3.4 B
Slightly volatile
Short and Long Term Debt Total1.6 B2.6 B1.6 B
Slightly volatile
Total Stockholder Equity1.4 B2.7 B1.6 B
Slightly volatile
Property Plant And Equipment Net18.6 M19.6 M2.5 B
Very volatile
Net Debt1.5 B2.5 B1.5 B
Slightly volatile
Common Stock Shares Outstanding83.4 M132.5 M110.3 M
Slightly volatile
Liabilities And Stockholders Equity3.3 B5.7 B3.4 B
Slightly volatile
Non Current Liabilities Total1.7 B2.7 B1.6 B
Slightly volatile
Other Stockholder Equity1.7 B2.4 B1.9 B
Slightly volatile
Total Liabilities1.8 B2.9 B1.8 B
Slightly volatile
Property Plant And Equipment Gross18.6 M19.6 M200.1 M
Slightly volatile
Total Current Liabilities175 M241.9 M164.7 M
Slightly volatile
Accounts Payable136.6 M178.9 M129.6 M
Very volatile
Cash81.9 M78 M43.6 M
Slightly volatile
Non Current Assets TotalB5.4 B3.3 B
Slightly volatile
Cash And Short Term Investments81.9 M78 M43.6 M
Slightly volatile
Net Receivables202.6 M192.9 M95.6 M
Slightly volatile
Common Stock Total Equity855.3 K1.5 M1.1 M
Slightly volatile
Total Current Assets290.8 M276.9 M208.1 M
Slightly volatile
Common Stock913.8 K1.3 M1.1 M
Slightly volatile
Other Liabilities75 M103.8 M79.4 M
Slightly volatile
Long Term Debt1.7 B2.4 B1.5 B
Slightly volatile
Intangible Assets33.2 M32.1 M31.8 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 Total1.7 B2.6 B1.5 B
Slightly volatile
Capital Surpluse2.3 B2.4 B2.1 B
Slightly volatile
Long Term Investments5.4 M5.7 M27.7 M
Pretty Stable
Non Current Liabilities Other22.3 M43 M23.2 M
Slightly volatile
Short and Long Term Debt173.8 M183 M728.5 M
Slightly volatile
Cash And Equivalents67.7 M78 M43.7 M
Slightly volatile
Net Invested Capital4.4 B5.2 B3.5 B
Slightly volatile
Capital Stock1.4 M1.3 M1.3 M
Slightly volatile
Capital Lease Obligations17 M19.4 M21.6 M
Slightly volatile

First Industrial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization128.7 M185.3 M131.2 M
Slightly volatile
Selling General Administrative33.9 M41.9 M28.5 M
Slightly volatile
Total Revenue417.1 M727.1 M423.4 M
Slightly volatile
Gross Profit268.5 M164.3 M271.8 M
Slightly volatile
Other Operating Expenses295.7 M419.4 M230.4 M
Slightly volatile
Operating Income159 M307.7 M199.7 M
Slightly volatile
EBIT402.7 M383.5 M200 M
Slightly volatile
EBITDA597.3 M568.8 M335 M
Slightly volatile
Cost Of Revenue590.9 M562.7 M189.1 M
Slightly volatile
Discontinued Operations27.6 M32 M27.1 M
Slightly volatile
Preferred Stock And Other Adjustments2.1 M2.2 M6.2 M
Slightly volatile
Interest Income46.5 M55.2 M64.5 M
Slightly volatile
Reconciled Depreciation147.1 M195.1 M118.2 M
Slightly volatile

First Industrial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow43.3 M51.7 M51.3 M
Slightly volatile
Depreciation127.4 M195.1 M129.7 M
Slightly volatile
Capital Expenditures281.3 M346.5 M258.1 M
Slightly volatile
Total Cash From Operating Activities484.4 M461.3 M235.9 M
Slightly volatile
End Period Cash Flow44.2 M78 M55.9 M
Slightly volatile
Stock Based Compensation25.5 M20.3 M22.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio10.9510.43289.247
Slightly volatile
Dividend Yield0.0290.03050.0241
Slightly volatile
PTB Ratio2.982.83952.3528
Slightly volatile
Days Sales Outstanding10296.860571.8839
Slightly volatile
Book Value Per Share22.5520.8315.3582
Slightly volatile
Operating Cash Flow Per Share2.53.48311.9111
Slightly volatile
Average Payables157.6 M151.5 M153.3 M
Slightly volatile
Stock Based Compensation To Revenue0.03150.03320.0532
Slightly volatile
Capex To Depreciation1.691.77592.1542
Pretty Stable
PB Ratio2.982.83952.3528
Slightly volatile
EV To Sales7.9213.864112.4051
Slightly volatile
ROIC0.08060.05340.0615
Very volatile
Payables Turnover1.863.14581.4708
Very volatile
Sales General And Administrative To Revenue0.04550.05770.0651
Pretty Stable
Research And Ddevelopement To Revenue0.00270.00210.002
Slightly volatile
Capex To Revenue0.450.47650.6096
Slightly volatile
Cash Per Share0.340.58910.3392
Slightly volatile
POCF Ratio12.2316.442317.5039
Slightly volatile
Capex To Operating Cash Flow0.710.7511.2227
Slightly volatile
Days Payables Outstanding211116287
Very volatile
EV To Operating Cash Flow21.0121.850125.1019
Pretty Stable
Intangibles To Total Assets0.00540.00560.0095
Slightly volatile
Current Ratio0.661.14471.3413
Very volatile
Tangible Book Value Per Share22.0920.587715.1078
Slightly volatile
Receivables Turnover3.583.768310.8987
Slightly volatile
Graham Number31.029.116920.7121
Slightly volatile
Shareholders Equity Per Share20.4720.16914.7693
Slightly volatile
Debt To Equity1.320.96311.028
Slightly volatile
Capex Per Share2.482.61572.1959
Pretty Stable
Revenue Per Share6.665.48943.8612
Slightly volatile
Interest Debt Per Share24.7720.103914.4234
Slightly volatile
Debt To Assets0.370.45230.4546
Slightly volatile
Enterprise Value Over EBITDA14.5317.72116.521
Slightly volatile
Short Term Coverage Ratios1.3 K1.3 K504
Slightly volatile
Operating Cycle10296.860571.8839
Slightly volatile
Price Book Value Ratio2.982.83952.3528
Slightly volatile
Days Of Payables Outstanding211116287
Very volatile
Price To Operating Cash Flows Ratio12.2316.442317.5039
Slightly volatile
Operating Profit Margin0.530.42320.5426
Slightly volatile
Company Equity Multiplier2.762.12932.2133
Slightly volatile
Long Term Debt To Capitalization0.590.48870.4989
Slightly volatile
Total Debt To Capitalization0.420.49060.493
Slightly volatile
Return On Capital Employed0.06860.05650.0656
Pretty Stable
Debt Equity Ratio1.320.96311.028
Slightly volatile
Ebit Per Revenue0.530.42320.5426
Slightly volatile
Quick Ratio0.661.14471.3413
Very volatile
Dividend Paid And Capex Coverage Ratio0.460.79860.6389
Pretty Stable
Net Income Per E B T0.480.88571.7752
Slightly volatile
Cash Ratio0.180.32260.2474
Slightly volatile
Operating Cash Flow Sales Ratio0.330.63450.4907
Slightly volatile
Days Of Sales Outstanding10296.860571.8839
Slightly volatile
Cash Flow Coverage Ratios0.340.17930.1451
Slightly volatile
Price To Book Ratio2.982.83952.3528
Slightly volatile
Fixed Asset Turnover38.9737.11654.5925
Slightly volatile
Capital Expenditure Coverage Ratio1.41.33160.973
Slightly volatile
Price Cash Flow Ratio12.2316.442317.5039
Slightly volatile
Enterprise Value Multiple14.5317.72116.521
Slightly volatile
Debt Ratio0.370.45230.4546
Slightly volatile
Cash Flow To Debt Ratio0.340.17930.1451
Slightly volatile
Price Sales Ratio10.9510.43289.247
Slightly volatile
Asset Turnover0.140.12780.1218
Slightly volatile
Gross Profit Margin0.430.2260.6356
Very volatile
Price Fair Value2.982.83952.3528
Slightly volatile

First Industrial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap7.2 B6.8 B6.6 B
Slightly volatile
Enterprise Value9.5 B9.1 B8.2 B
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings36.7647
Cash And Short Term Investments78 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 Revenue114.8 M120.5 M
Total Revenue727.1 M417.1 M
Cost Of Revenue562.7 M590.9 M
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.06  0.05 
Capex To Revenue 0.48  0.45 
Revenue Per Share 5.49  6.66 
Ebit Per Revenue 0.42  0.53 

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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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.