First Industrial Realty Net Income
| FR Stock | USD 58.03 0.15 0.26% |
As of the 1st of February, First Industrial shows the Downside Deviation of 0.8579, coefficient of variation of 1806.5, and Mean Deviation of 0.8028. First Industrial Realty technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm First Industrial Realty variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if First Industrial Realty is priced favorably, providing market reflects its regular price of 58.03 per share. Given that First Industrial has jensen alpha of 0.0347, we urge you to verify First Industrial Realty's prevailing market performance to make sure the company can sustain itself at a future point.
First Industrial Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 14.1311 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 340.4 M | 357.4 M | |
| Net Income Applicable To Common Shares | 330.4 M | 347 M | |
| Net Income From Continuing Ops | 340.4 M | 174.2 M | |
| Net Income Per Share | 2.50 | 1.69 | |
| Net Income Per E B T | 0.86 | 0.46 |
First | Net Income | Build AI portfolio with First Stock |
Evaluating First Industrial's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into First Industrial Realty's fundamental strength.
Latest First Industrial's Net Income Growth Pattern
Below is the plot of the Net Income of First Industrial Realty over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in First Industrial Realty financial statement analysis. It represents the amount of money remaining after all of First Industrial Realty operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is First Industrial's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Industrial's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 295.99 M | 10 Years Trend |
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Net Income |
| Timeline |
First Net Income Regression Statistics
| Arithmetic Mean | 173,785,890 | |
| Geometric Mean | 101,104,590 | |
| Coefficient Of Variation | 74.18 | |
| Mean Deviation | 111,463,661 | |
| Median | 201,456,000 | |
| Standard Deviation | 128,917,049 | |
| Sample Variance | 16619.6T | |
| Range | 366.6M | |
| R-Value | 0.96 | |
| Mean Square Error | 1280.8T | |
| R-Squared | 0.93 | |
| Slope | 24,589,844 | |
| Total Sum of Squares | 265913.7T |
First Net Income History
Other Fundumenentals of First Industrial Realty
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
First Industrial Net Income component correlations
First Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for First Industrial is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Net Income. Since First Industrial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Industrial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Industrial's interrelated accounts and indicators.
Click cells to compare fundamentals
Can Diversified REITs industry sustain growth momentum? Does First have expansion opportunities? Factors like these will boost the valuation of First Industrial. Market participants price First higher when confident in its future expansion prospects. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating First Industrial demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.35) | Dividend Share 1.705 | Earnings Share 1.79 | Revenue Per Share | Quarterly Revenue Growth 0.08 |
Understanding First Industrial Realty requires distinguishing between market price and book value, where the latter reflects First's accounting equity. The concept of intrinsic value—what First Industrial's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push First Industrial's price substantially above or below its fundamental value.
Please note, there is a significant difference between First Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, First Industrial's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
First Industrial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Industrial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Industrial.
| 11/03/2025 |
| 02/01/2026 |
If you would invest 0.00 in First Industrial on November 3, 2025 and sell it all today you would earn a total of 0.00 from holding First Industrial Realty or generate 0.0% return on investment in First Industrial over 90 days. First Industrial is related to or competes with STAG Industrial, Vornado Realty, CareTrust REIT, CubeSmart, Rexford Industrial, Terreno Realty, and National Retail. is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing ... More
First Industrial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Industrial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Industrial Realty upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8579 | |||
| Information Ratio | 0.0102 | |||
| Maximum Drawdown | 4.65 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.93 |
First Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Industrial's standard deviation. In reality, there are many statistical measures that can use First Industrial historical prices to predict the future First Industrial's volatility.| Risk Adjusted Performance | 0.0428 | |||
| Jensen Alpha | 0.0347 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0118 | |||
| Treynor Ratio | 0.1516 |
First Industrial February 1, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0428 | |||
| Market Risk Adjusted Performance | 0.1616 | |||
| Mean Deviation | 0.8028 | |||
| Semi Deviation | 0.8113 | |||
| Downside Deviation | 0.8579 | |||
| Coefficient Of Variation | 1806.5 | |||
| Standard Deviation | 0.9942 | |||
| Variance | 0.9884 | |||
| Information Ratio | 0.0102 | |||
| Jensen Alpha | 0.0347 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0118 | |||
| Treynor Ratio | 0.1516 | |||
| Maximum Drawdown | 4.65 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.93 | |||
| Downside Variance | 0.7359 | |||
| Semi Variance | 0.6583 | |||
| Expected Short fall | (0.94) | |||
| Skewness | 0.3923 | |||
| Kurtosis | (0.03) |
First Industrial Realty Backtested Returns
Currently, First Industrial Realty is very steady. First Industrial Realty secures Sharpe Ratio (or Efficiency) of 0.0999, which denotes the company had a 0.0999 % return per unit of risk over the last 3 months. We have found thirty technical indicators for First Industrial Realty, which you can use to evaluate the volatility of the firm. Please confirm First Industrial's Downside Deviation of 0.8579, coefficient of variation of 1806.5, and Mean Deviation of 0.8028 to check if the risk estimate we provide is consistent with the expected return of 0.1%. First Industrial has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.3, which means not very significant fluctuations relative to the market. As returns on the market increase, First Industrial's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Industrial is expected to be smaller as well. First Industrial Realty right now shows a risk of 1.0%. Please confirm First Industrial Realty skewness, and the relationship between the value at risk and day median price , to decide if First Industrial Realty will be following its price patterns.
Auto-correlation | 0.02 |
Virtually no predictability
First Industrial Realty has virtually no predictability. Overlapping area represents the amount of predictability between First Industrial time series from 3rd of November 2025 to 18th of December 2025 and 18th of December 2025 to 1st of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Industrial Realty price movement. The serial correlation of 0.02 indicates that only 2.0% of current First Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
First Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, First Industrial Realty reported net income of 295.99 M. This is 18.83% higher than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The net income for all United States stocks is 48.16% higher than that of the company.
First Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Industrial's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Industrial could also be used in its relative valuation, which is a method of valuing First Industrial by comparing valuation metrics of similar companies.First Industrial is currently under evaluation in net income category among its peers.
First Industrial ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Industrial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Industrial's managers, analysts, and investors.Environmental | Governance | Social |
First Industrial Institutional Holders
Institutional Holdings refers to the ownership stake in First Industrial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Industrial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Industrial's value.| Shares | Deutsche Bank Ag | 2025-06-30 | 2.1 M | Thrivent Financial For Lutherans | 2025-06-30 | 2.1 M | Dimensional Fund Advisors, Inc. | 2025-06-30 | 1.9 M | Aqr Capital Management Llc | 2025-06-30 | 1.9 M | Ameriprise Financial Inc | 2025-06-30 | 1.7 M | Rush Island Management, Lp | 2025-06-30 | 1.7 M | Pggm Investments | 2025-06-30 | 1.6 M | Northern Trust Corp | 2025-06-30 | 1.5 M | Jpmorgan Chase & Co | 2025-06-30 | 1.5 M | Vanguard Group Inc | 2025-06-30 | 19.6 M | Blackrock Inc | 2025-06-30 | 16.7 M |
First Fundamentals
| Return On Equity | 0.0908 | ||||
| Return On Asset | 0.0352 | ||||
| Profit Margin | 0.33 % | ||||
| Operating Margin | 0.45 % | ||||
| Current Valuation | 10.09 B | ||||
| Shares Outstanding | 132.42 M | ||||
| Shares Owned By Insiders | 0.37 % | ||||
| Shares Owned By Institutions | 99.63 % | ||||
| Number Of Shares Shorted | 3.63 M | ||||
| Price To Earning | 16.87 X | ||||
| Price To Book | 2.91 X | ||||
| Price To Sales | 11.09 X | ||||
| Revenue | 672.18 M | ||||
| Gross Profit | 525.16 M | ||||
| EBITDA | 451.25 M | ||||
| Net Income | 295.99 M | ||||
| Cash And Equivalents | 44.51 M | ||||
| Cash Per Share | 1.11 X | ||||
| Total Debt | 2.23 B | ||||
| Debt To Equity | 0.81 % | ||||
| Current Ratio | 1.86 X | ||||
| Book Value Per Share | 20.02 X | ||||
| Cash Flow From Operations | 352.49 M | ||||
| Short Ratio | 4.17 X | ||||
| Earnings Per Share | 1.79 X | ||||
| Price To Earnings To Growth | 3.74 X | ||||
| Target Price | 62.67 | ||||
| Number Of Employees | 151 | ||||
| Beta | 1.15 | ||||
| Market Capitalization | 7.92 B | ||||
| Total Asset | 5.26 B | ||||
| Retained Earnings | 219.09 M | ||||
| Working Capital | (343.98 M) | ||||
| Current Asset | 32.6 M | ||||
| Current Liabilities | 148.66 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.35 % | ||||
| Net Asset | 5.26 B | ||||
| Last Dividend Paid | 1.71 |
About First Industrial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Industrial Realty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Industrial Realty based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
Moving against First Stock
| 0.71 | CIP | Centuria Industrial REIT | PairCorr |
| 0.63 | DEI | Douglas Emmett | PairCorr |
| 0.6 | COF | Centuria Office REIT Earnings Call This Week | PairCorr |
| 0.55 | JBGS | JBG SMITH Properties | PairCorr |
| 0.49 | PLYM | Plymouth Industrial REIT | PairCorr |
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.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.