First Industrial Realty Trust (FR) Key Ratios
$61.71
As on 03-Sep-2026 16:00EDT
Market cap
$8,623 Mln
Revenue (TTM)
$760 Mln
P/E Ratio
22.8
P/B Ratio
3
Div. Yield
3 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 0.06 | 8.41 | 8.43 | 8.95 | 10.46 |
| EBIT | -40.30 | 34.63 | 68.97 | 27.77 | 23.45 |
| Net Profit | -46.13 | 39.37 | 33.52 | 4.36 | 3.79 |
| EPS | -46.12 | 39.78 | 34.37 | 4.75 | 8.72 |
| Book Value | -- | -- | 0.15 | 2.73 | 5.98 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 54.81 | 59.15 | 64.74 | 52.75 | 56.86 |
| Net Margin
| -- | 47.97 | 47.96 | -- | -- |
| Return on equity
| 10.40 | 11.95 | 12.73 | 9.27 | 10.99 |
| Return on Capital
| 5.56 | 6.47 | -- | 4.88 | 5.92 |
| Return on Assets
| 5.15 | 6.02 | 6.17 | 4.52 | 5.51 |
| Debt to Equity (x)
| -- | -- | 0.92 | 0.96 | 0.84 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
--
|
4.88
|
5.92
|
5.87
|
8.57
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
12.73
Higher than Peers by 8.70
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
12.73
|
9.27
|
10.99
|
10.94
|
15.43
|
|
Peer Median
|
4.03
|
--
|
--
|
--
|
--
|
ROA
6.17
Higher than Peers by 4.21
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
6.17
|
4.52
|
5.51
|
5.43
|
7.86
|
|
Peer Median
|
1.96
|
--
|
--
|
--
|
--
|
EBIT Margin
64.74
Higher than Peers by 31.87
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
64.74
|
52.75
|
56.86
|
54.83
|
62.79
|
|
Peer Median
|
32.87
|
--
|
--
|
--
|
--
|
Net Margin
47.96
Higher than Peers by 29.99
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
47.96
|
34.03
|
42.91
|
44.76
|
49.13
|
|
Peer Median
|
17.97
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
8.43
Higher than Peers by 2.72
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
8.43
|
0.09
|
0.09
|
0.14
|
0.13
|
|
Peer Median
|
5.71
|
--
|
--
|
--
|
--
|
EBIT Growth
68.97
Higher than Peers by 57.87
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
68.97
|
0.73
|
13.09
|
-0.70
|
3.90
|
|
Peer Median
|
11.10
|
--
|
--
|
--
|
--
|
Net Profit Growth
33.52
Higher than Peers by 25.49
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
33.52
|
-13.89
|
4.56
|
-23.48
|
32.52
|
|
Peer Median
|
8.03
|
--
|
--
|
--
|
--
|
EPS Growth
34.37
Higher than Peers by 30.26
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
34.37
|
-0.14
|
0.05
|
-0.24
|
0.31
|
|
Peer Median
|
4.12
|
--
|
--
|
--
|
--
|
Book Value Growth
4.94
Higher than Peers by 6.70
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
4.94
|
--
|
--
|
--
|
--
|
|
Peer Median
|
-1.76
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.92
Higher than Peers by 0.01
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
0.92
|
0.96
|
0.84
|
0.88
|
0.85
|
|
Peer Median
|
0.92
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
--
|
0.00
|
0.11
|
0.00
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.69
Lower than Peers by 0.47
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
0.69
|
1.14
|
0.44
|
1.28
|
1.42
|
|
Peer Median
|
1.17
|
--
|
--
|
--
|
--
|
Quick Ratio
0.69
Lower than Peers by 0.35
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
0.69
|
1.14
|
0.43
|
1.28
|
1.36
|
|
Peer Median
|
1.05
|
--
|
--
|
--
|
--
|
Interest Coverage
5.08
Higher than Peers by 3.06
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
5.08
|
4.27
|
4.59
|
4.53
|
6.92
|
|
Peer Median
|
2.02
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
25.90
Higher than Peers by 7.61
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
25.90
|
26.54
|
25.42
|
25.25
|
24.09
|
|
Peer Median
|
18.28
|
--
|
--
|
--
|
--
|
Asset Turnover
0.13
Higher than Peers by 0.02
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
0.13
|
0.13
|
0.13
|
0.12
|
0.12
|
|
Peer Median
|
0.11
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
--
|
91.21
|
88.69
|
84.79
|
79.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
--
|
1.50
|
4.63
|
13.09
|
420.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
--
|
101.13
|
263.26
|
341.13
|
418.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
--
|
-8.42
|
-169.94
|
-243.25
|
81.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
22.80
Lower than Peers by 15.00
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
22.80
|
30.67
|
23.10
|
25.37
|
17.77
|
|
Peer Median
|
37.80
|
--
|
--
|
--
|
--
|
Price / Book Value
2.99
Higher than Peers by 1.36
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
2.99
|
2.84
|
2.49
|
2.72
|
2.60
|
|
Peer Median
|
1.64
|
--
|
--
|
--
|
--
|
Dividend Yield
3.02
Lower than Peers by 1.21
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
3.02
|
--
|
--
|
--
|
--
|
|
Peer Median
|
4.23
|
--
|
--
|
--
|
--
|
EV/EBITDA
16.46
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
16.46
|
17.73
|
15.83
|
18.31
|
16.95
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
8,623
Higher than Peers by 8,171
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
First Industrial Realty Trust (FR)
|
8,623
|
--
|
--
|
--
|
--
|
|
Peer Median
|
451
|
--
|
--
|
--
|
--
|