Skip to content
Screener
First Industrial Realty Trust logo

First Industrial Realty Trust

FR

First Industrial Realty Trust is a self-administered real estate investment trust (REIT) focused on the ownership, management, and development of industrial properties across the United States.

Market cap
$8.5B+33.4%
Revenue$759.6M+8.4%
Net income$364.3M+34.4%
EPS (diluted)$2.75+34.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 21, 2026 (in 2 months)
Revenue estimate$197.3M
EPS estimate$0.48

Financials

Q2 2026

Income statement

See full
Revenue$194.9M+8.2%
Net income$77.1M+39.6%
EPS (diluted)$0.58+38.1%

Balance sheet

See full
Total debt$2.57T+273,050%
Total equity$2.87T+108,392%
Total assets$5.78T+105,926%

Valuation & ratios

Valuation

See full
Market cap$8.5B+33.4%
P/E23.3×-0.5×
P/S11.2×+2.0×

Profitability

See full
Net margin48%+9.3pp

Returns & leverage

See full
Return on equity0%-10.3pp
Debt / equity0.9×+0.5×

Competitors

Profile

First Industrial Realty Trust is a self-administered real estate investment trust (REIT) focused on the ownership, management, and development of industrial properties across the United States. The company specializes in bulk and regional warehouses, providing logistics solutions to a diverse tenant base through a decentralized regional management structure. Its core value proposition lies in maximizing shareholder returns through internal rent growth, strategic property development, and portfolio optimization in high-demand logistics markets.

Competitive position

A leading owner and operator of industrial real estate focusing on 15 key logistics markets with a coastal orientation and high barriers to entry.

GeographiesUnited States
Customer segmentsEnterprise, Logistics and Supply Chain, E-commerce, Manufacturing
Business modelTriple-net lease, Real Estate Investment Trust, Property Development
SuppliersConstruction contractors, Municipal planning departments, Debt and equity capital markets, Land sellers
CustomersThird-party logistics providers, Retailers, Manufacturers, E-commerce distributors
Listed1994
Employees156.0
CEOPeter E. Baccile
FilingsSEC EDGAR

FAQ

What is First Industrial Realty Trust's market cap?
First Industrial Realty Trust (FR) has a market capitalization of $8.5B and trades on NYSE.
What is First Industrial Realty Trust's revenue and profitability?
First Industrial Realty Trust generated $759.6M in trailing twelve-month revenue with net income of $364.3M, representing a net margin of 48.0%. These figures are based on the Q2 2026 filing.
Who are First Industrial Realty Trust's competitors?
First Industrial Realty Trust's key competitors include Rexford Industrial Realty, Inc., STAG Industrial, Inc., Prologis, Inc., and others. These companies compete in similar markets and product categories.
What subsidiaries does First Industrial Realty Trust have?
First Industrial Realty Trust's subsidiaries include First Industrial L.P..
Where is First Industrial Realty Trust headquartered?
First Industrial Realty Trust is headquartered in United States of America and employs approximately 156 people. It has been publicly traded since 1994.