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First Industrial Realty Trust FR Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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$12.61M-42.2%
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BNL
Broadstone Net LeaseBNL
$128.89M-1.7%

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$8.44B+33.9%
P/E23.2×-0.1×
P/S11.1×+2.1×

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:MinorityInterest.

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
Common Stock ($0.01 par value, 225,000,000 shares authorized and 132,570,424 and 132,470,326 shares issued and outstanding)1,3261,325
Additional Paid-in Capital2,442,6932,436,238
Retained Earnings306,731230,668
Accumulated Other Comprehensive Income7,0503,159
Total First Industrial Realty Trust, Inc.'s Equity2,757,8002,671,390
Noncontrolling Interests93,49987,540
Total Equity2,851,2992,758,930
Total Liabilities and Equity$5,772,370$5,688,081

Item 1. Financial Statements

FAQ

What is First Industrial Realty Trust's noncontrolling interests in subsidiaries?
First Industrial Realty Trust (FR) reported noncontrolling interests in subsidiaries of $93.5M in Q1 2026.
How has First Industrial Realty Trust's noncontrolling interests in subsidiaries changed year-over-year?
First Industrial Realty Trust's noncontrolling interests in subsidiaries increased by 1.5% year-over-year, from $92.15M to $93.5M.
What is the long-term trend for First Industrial Realty Trust's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), First Industrial Realty Trust's noncontrolling interests in subsidiaries has grown at a 14.4% compound annual growth rate (CAGR), from $44.59M to $87.54M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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