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First Industrial Realty Trust FR Real Estate Investment Property, Net

Real Estate Investment Property, Net at other companies

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EastGroup PropertiesEGP
$5.18B+6.2%
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LXP Industrial TrustLXP
$3.23B-6.1%
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PrologisPLD
$80.69B+1.2%
TRN
Terreno RealtyTRNO
$5.54B+18.1%
Stag Industrial logo
Stag IndustrialSTAG
$7.07B+8.8%
Rexford Industrial Realty logo
Rexford Industrial RealtyREXR
$11.01B-7.7%

Other financials

Income statement

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

Balance sheet

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Cash & equivalents$37.1M+3.9%
Total debt$2.57T+273,050%
Total equity$2.87T+108,392%
Total assets$5.78T+105,926%

Cash flow

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Operating cash flow$88.9M+0.4%
CapEx$47.6M-7.1%
Free cash flow$41.3M+10.6%

Valuation

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Market cap$8.36B+32.6%
P/E22.9×-0.3×
P/S11×+2.0×

Profitability

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Net margin48%+9.3pp
FCF margin53.1%+6.9pp

Returns & leverage

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

Where this comes from

Reported directly by First Industrial Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:RealEstateInvestmentPropertyNet.

The source filing: First Industrial Realty Trust’s 10-Q, filed April 24, 2026.

Filed
Apr 24, 2026, 2:43 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000921825-26-000054
Line itemMarch 31, 2026December 31, 2025
Buildings and Improvements4,317,4244,274,540
Construction in Progress207,411221,052
Less: Accumulated Depreciation(1,223,450)(1,191,767)
Net Investment in Real Estate5,161,0925,175,911
Operating Lease Right-of-Use Assets19,34219,589
Cash and Cash Equivalents37,14778,032
Tenant Accounts Receivable13,10211,857
Investment in Joint Venture5,7695,661

Item 1. Financial Statements

FAQ

What is First Industrial Realty Trust's real estate investment property, net?
First Industrial Realty Trust (FR) reported real estate investment property, net of $5.16B in Q1 2026.
How has First Industrial Realty Trust's real estate investment property, net changed year-over-year?
First Industrial Realty Trust's real estate investment property, net increased by 5.1% year-over-year, from $4.91B to $5.16B.
What is the long-term trend for First Industrial Realty Trust's real estate investment property, net?
Over 5 years (2020 to 2025), First Industrial Realty Trust's real estate investment property, net has grown at a 9.7% compound annual growth rate (CAGR), from $3.26B to $5.18B.
What does real estate investment property, net mean?
The net book value of all income-producing real estate assets after accounting for accumulated depreciation. This represents the primary asset base from which the company generates rental income.

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