First Industrial Realty Trust (FR) Stock Price

First Industrial Realty Trust Price

🇺🇸NYSE·CLOSED
63.10USD
Market closed
Today +/-
Today %

First Industrial Realty Trust (FR) Stock | ISIN US32054K1034 | WKN 893711. The current First Industrial Realty Trust stock price is 63.1 USD (2026). Revenue is 806.18 M USD. Net income is 248.75 M USD. The P/E ratio is 33.61. Market capitalization is 8.36 B USD. First Industrial Realty Trust operates in the Real Estate sector.

First Industrial Realty Trust stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of First Industrial Realty Trust over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how First Industrial Realty Trust stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing First Industrial Realty Trust's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

First Industrial Realty Trust Stock Price History
DateFirst Industrial Realty Trust Price
Access this data via the Eulerpool API

First Industrial Realty Trust Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
300.2 M USD
-3.7 M USD
90 M USD
Jan 1, 2007
369.9 M USD
2.2 M USD
127.8 M USD
Jan 1, 2008
443.8 M USD
10.5 M USD
17.6 M USD
Jan 1, 2009
384.6 M USD
50.9 M USD
-13.8 M USD
Jan 1, 2010
320.7 M USD
60.7 M USD
-222.5 M USD
Jan 1, 2011
302.7 M USD
65.5 M USD
-26.7 M USD
Jan 1, 2012
304.5 M USD
72 M USD
-22.1 M USD
Jan 1, 2013
318.5 M USD
85 M USD
25.7 M USD
Jan 1, 2014
346.7 M USD
99.5 M USD
46.5 M USD
Jan 1, 2015
365.8 M USD
112.5 M USD
73.6 M USD
Jan 1, 2016
378 M USD
124.8 M USD
120.8 M USD
Jan 1, 2017
396.4 M USD
138.5 M USD
200.8 M USD
Jan 1, 2018
404 M USD
142.9 M USD
162.7 M USD
Jan 1, 2019
426 M USD
159.6 M USD
238.3 M USD
Jan 1, 2020
448 M USD
167.2 M USD
195.7 M USD

First Industrial Realty Trust Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 9:31 PM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales First Industrial Realty Trust generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue First Industrial Realty Trust retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare First Industrial Realty Trust's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares First Industrial Realty Trust has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against First Industrial Realty Trust's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

First Industrial Realty Trust stock margins

The First Industrial Realty Trust margin analysis displays the gross margin, EBIT margin, as well as the profit margin of First Industrial Realty Trust. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for First Industrial Realty Trust.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
67.36 %
-1.23 %
29.98 %
Jan 1, 2007
70.88 %
0.59 %
34.55 %
Jan 1, 2008
79 %
2.37 %
3.97 %
Jan 1, 2009
71.06 %
13.23 %
-3.59 %
Jan 1, 2010
66.76 %
18.93 %
-69.38 %
Jan 1, 2011
66.53 %
21.64 %
-8.82 %
Jan 1, 2012
68.31 %
23.65 %
-7.26 %
Jan 1, 2013
67.41 %
26.69 %
8.07 %
Jan 1, 2014
67.72 %
28.7 %
13.41 %
Jan 1, 2015
68.81 %
30.75 %
20.12 %
Jan 1, 2016
71.11 %
33.02 %
31.96 %
Jan 1, 2017
71.37 %
34.94 %
50.66 %
Jan 1, 2018
71.06 %
35.37 %
40.27 %
Jan 1, 2019
72.63 %
37.46 %
55.94 %
Jan 1, 2020
73.39 %
37.32 %
43.68 %

First Industrial Realty Trust Stock Revenue, EBIT, Earnings per Share

The First Industrial Realty Trust earnings per share therefore indicates how much revenue First Industrial Realty Trust has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
6.82 USD
-0.08 USD
2.05 USD
Jan 1, 2007
8.39 USD
0.05 USD
2.9 USD
Jan 1, 2008
10.27 USD
0.24 USD
0.41 USD
Jan 1, 2009
7.9 USD
1.05 USD
-0.28 USD
Jan 1, 2010
5.09 USD
0.96 USD
-3.53 USD
Jan 1, 2011
3.76 USD
0.81 USD
-0.33 USD
Jan 1, 2012
3.33 USD
0.79 USD
-0.24 USD
Jan 1, 2013
2.98 USD
0.79 USD
0.24 USD
Jan 1, 2014
3.14 USD
0.9 USD
0.42 USD
Jan 1, 2015
3.3 USD
1.02 USD
0.66 USD
Jan 1, 2016
3.28 USD
1.08 USD
1.05 USD
Jan 1, 2017
3.34 USD
1.17 USD
1.69 USD
Jan 1, 2018
3.25 USD
1.15 USD
1.31 USD
Jan 1, 2019
3.36 USD
1.26 USD
1.88 USD
Jan 1, 2020
3.5 USD
1.31 USD
1.53 USD

First Industrial Realty Trust business model & stock analysis

First Industrial Realty Trust Inc is a US real estate company that specializes in leasing and managing commercial properties. The company was founded in 1993 and is headquartered in Chicago, Illinois.

First Industrial Realty Trust SWOT Analysis

Strengths

First Industrial Realty Trust Inc possesses several strengths that contribute to its success and competitive advantage in the market:

1. Diverse and quality portfolio: First Industrial Realty Trust Inc manages a diversified portfolio of industrial real estate properties, including warehouses, distribution centers, and manufacturing facilities. This diversity helps mitigate risk and capture opportunities in different sectors.

2. Strong financial position: The company has a solid financial position, with stable cash flows and a healthy balance sheet. This allows for strategic investments, acquisitions, and development projects.

3. Strong market presence: First Industrial Realty Trust Inc has established a strong presence in key industrial markets across the United States. This enables the company to attract a wide range of tenants and benefit from high occupancy rates.

Weaknesses

Despite its strengths, First Industrial Realty Trust Inc also faces certain weaknesses that could impede its growth and performance:

1. Dependence on economic conditions: The company's performance is closely tied to the overall economic conditions. During economic downturns, demand for industrial real estate may decrease, leading to potential vacancies and lower rental rates.

2. Geographic concentration risk: While the company has a strong market presence, it also faces the risk of concentration in specific geographic areas. Any adverse economic or regulatory changes in these markets could significantly impact First Industrial Realty Trust Inc.

3. Depreciation and maintenance costs: As an owner and operator of real estate properties, the company incurs expenses related to property depreciation and ongoing maintenance. These costs can affect profitability and cash flow.

Opportunities

First Industrial Realty Trust Inc can leverage various opportunities to enhance its position and generate growth:

1. Increasing e-commerce demand: With the rise of e-commerce, there is a growing demand for industrial properties, especially logistics and distribution centers. First Industrial Realty Trust Inc can capitalize on this trend by targeting strategic acquisitions and development projects in this sector.

2. Technological advancements: Advancements in technology, such as automation and robotics, are changing the industrial real estate landscape. First Industrial Realty Trust Inc can explore partnerships and investments in innovative companies to stay at the forefront of these developments.

3. Sustainable and green initiatives: There is a growing emphasis on sustainability and environmentally-friendly practices in the real estate industry. First Industrial Realty Trust Inc can differentiate itself by incorporating sustainable features in its properties and attracting environmentally-conscious tenants.

Threats

First Industrial Realty Trust Inc faces several threats that could negatively impact its business:

1. Economic downturns: Any economic downturn or recession can lead to decreased demand for industrial properties, lower rental rates, and increased vacancies, posing a significant threat to the company's financial performance.

2. Competition: The industrial real estate market is highly competitive, with numerous players vying for tenants and market share. First Industrial Realty Trust Inc faces the risk of losing tenants or facing downward pressure on rental rates due to intense competition.

3. Regulatory changes: Changes in zoning regulations, environmental policies, or tax laws can impact the feasibility and profitability of real estate developments. First Industrial Realty Trust Inc needs to closely monitor and adapt to any regulatory changes that could affect its operations.

First Industrial Realty Trust Segments

First Industrial Realty Trust Eulerpool Fair Value

First Industrial Realty Trust historical P/E ratio, EBIT multiple, and P/S ratio

First Industrial Realty Trust annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

First Industrial Realty Trust shares outstanding

The number of shares was First Industrial Realty Trust in 2025 — This indicates how many shares 132.514 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
44 M base_Shares
Jan 1, 2007
44.1 M base_Shares
Jan 1, 2008
43.2 M base_Shares
Jan 1, 2009
48.7 M base_Shares
Jan 1, 2010
63 M base_Shares
Jan 1, 2011
80.6 M base_Shares
Jan 1, 2012
91.5 M base_Shares
Jan 1, 2013
107 M base_Shares
Jan 1, 2014
110.3 M base_Shares
Jan 1, 2015
110.8 M base_Shares
Jan 1, 2016
115.4 M base_Shares
Jan 1, 2017
118.8 M base_Shares
Jan 1, 2018
124.2 M base_Shares
Jan 1, 2019
126.7 M base_Shares
Jan 1, 2020
127.9 M base_Shares

First Industrial Realty Trust Dividend History

29 years of dividend payments · 11 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.5USDYTD
Mar 31, 20260.5USD 12.4%1/1
20251.78USD 20.3%
Mar 31, 20250.45USD 20.3%1/4
Jun 30, 20250.45USD 0.0%2/4
Sep 30, 20250.45USD 0.0%3/4
Dec 31, 20250.45USD 0.0%4/4
20241.48USD 15.6%
20231.28USD 8.5%
20221.18USD 9.3%
20211.08USD 8.0%
20201USD 8.7%
20190.92USD 5.7%
20180.87USD 3.6%
20170.84USD 10.5%

First Industrial Realty Trust dividend history and estimates

In 2025, First Industrial Realty Trust paid a dividend amounting to 1.78 USD. Dividend means that First Industrial Realty Trust distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2006
2.81 USD
0 USD
Jan 1, 2007
2.85 USD
0 USD
Jan 1, 2008
2.41 USD
0 USD
Jan 1, 2013
0.43 USD
0 USD
Jan 1, 2014
0.41 USD
0 USD
Jan 1, 2015
0.51 USD
0 USD
Jan 1, 2016
0.76 USD
0 USD
Jan 1, 2017
0.84 USD
0 USD
Jan 1, 2018
0.87 USD
0 USD
Jan 1, 2019
0.92 USD
0 USD
Jan 1, 2020
1 USD
0 USD
Jan 1, 2021
1.08 USD
0 USD
Jan 1, 2022
1.18 USD
0 USD
Jan 1, 2023
1.28 USD
0 USD
Jan 1, 2024
1.48 USD
0 USD

First Industrial Realty Trust dividend payout ratio

In 2025, First Industrial Realty Trust had a payout ratio of 48.79%. The payout ratio indicates the percentage of the company's profits that First Industrial Realty Trust distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
137.75 %
Jan 1, 2007
98.62 %
Jan 1, 2008
602.5 %
Jan 1, 2009
53.47 %
Jan 1, 2010
53.47 %
Jan 1, 2011
53.47 %
Jan 1, 2012
53.47 %
Jan 1, 2013
177.08 %
Jan 1, 2014
97.62 %
Jan 1, 2015
77.27 %
Jan 1, 2016
72.38 %
Jan 1, 2017
49.7 %
Jan 1, 2018
66.41 %
Jan 1, 2019
48.94 %
Jan 1, 2020
65.36 %
Price targets and forecasts for First Industrial Realty Trust are not yet available.

First Industrial Realty Trust Earnings Estimates

First Industrial Realty Trust Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/22/20260.34USD197.19 MUSD2026 Q1
2/4/20260.43USD192.84 MUSD2025 Q4
4/17/20240.32USD164.25 MUSD2024 Q1
2/6/20240.32USD160.95 MUSD2023 Q4
7/18/20230.29USD148.1 MUSD2023 Q2
4/18/20230.27USD145.72 MUSD2023 Q1
2/7/20230.27USD140.55 MUSD2022 Q4
10/19/20220.28USD135.85 MUSD2022 Q3
7/20/20220.29USD126.3 MUSD2022 Q2
4/20/20220.27USD125.68 MUSD2022 Q1
...

EESG©

Eulerpool ESG Scorecard© for the First Industrial Realty Trust stock

53/100
34
Environment
50
Social
76
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees40
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

First Industrial Realty Trust shareholder structure

% Name
14.67005%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
10.2972%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.00762%
State Street Investment Management (US)
State Street Investment Management (US)
4.26607%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
2.81918%
Invesco Advisers, Inc.
Invesco Advisers, Inc.
1.91112%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
1.88609%
CenterSquare Investment Management LLC.
CenterSquare Investment Management LLC.
1.78598%
Charles Schwab Investment Management, Inc.
Charles Schwab Investment Management, Inc.
1.76799%
CBRE Investment Management Listed Real Assets LLC
CBRE Investment Management Listed Real Assets LLC
1.76366%
PGGM Vermogensbeheer B.V.
PGGM Vermogensbeheer B.V.
...

First Industrial Realty Trust Executives and Management Board

PB

Mr. Peter Baccile

(63)

President, Chief Executive Officer, Director · since 2016

Compensation6.62 M USD
JY

Mr. Johannson Yap

(62)

Executive Vice President - West Region, Chief Investment Officer

Compensation3.35 M USD
PS

Mr. Peter Schultz

(62)

Executive Vice President - East Region

Compensation2.44 M USD
SM

Mr. Scott Musil

(57)

Chief Financial Officer

Compensation2.01 M USD
JR

Ms. Jennifer Matthews Rice

(54)

General Counsel, Secretary

Compensation1.32 M USD

First Industrial Realty Trust Supply Chain

Frequently asked questions about First Industrial Realty Trust

The business model of First Industrial Realty Trust Inc. focuses on owning, managing, and leasing industrial real estate properties. As a leading provider of industrial real estate solutions, First Industrial aims to meet the diverse needs of customers in key markets across the United States. They offer a wide range of facilities, including warehouse, distribution, and light manufacturing spaces, catering to various industries such as e-commerce, logistics, automotive, and more. First Industrial Realty Trust Inc. strives to enhance the value of their portfolio through strategic acquisitions, development projects, proactive property management, and a commitment to delivering exceptional customer service.

All fundamentals and in-depth analysis of First Industrial Realty Trust

Our stock analysis for First Industrial Realty Trust Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of First Industrial Realty Trust Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.