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First Industrial Realty Trust FR Buildings and improvements

Buildings and improvements at other companies

Rexford Industrial Realty logo
Rexford Industrial RealtyREXR
$4.82B+5.4%
Realty Income logo
Realty IncomeO
$44.46B+6.6%
Applied Industrial Technologies logo
Applied Industrial TechnologiesAIT
$116.73M+1.3%
Camden Property Trust logo
Camden Property TrustCPT
$11.8B+2.2%
American Homes 4 Rent logo
American Homes 4 RentAMH
$12.06B+3.2%
EastGroup Properties logo
EastGroup PropertiesEGP

Other financials

Income statement

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Revenue$194.8M+10.0%
Net income$143.1M+197%
EPS (diluted)$1.08+200%

Balance sheet

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Cash & equivalents$37.1M+3.9%
Total debt$1.0B+7.8%
Total equity$2.8B+4.0%
Total assets$5.8B+6.0%

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$8.19B+7.3%
Enterprise value$9.17B+7.4%
P/E23.9×-4.6×
P/S11×-0.2×

Profitability

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Net margin46%+6.9pp
FCF margin53.1%+6.9pp

Returns & leverage

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Return on equity12.7%+2.5pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by First Industrial Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:InvestmentBuildingAndBuildingImprovements.

The official record: First Industrial Realty Trust’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Industrial Realty Trust's buildings and improvements?
First Industrial Realty Trust (FR) reported buildings and improvements of $4.32B in Q1 2026.
How has First Industrial Realty Trust's buildings and improvements changed year-over-year?
First Industrial Realty Trust's buildings and improvements increased by 8.0% year-over-year, from $4B to $4.32B.
What is the long-term trend for First Industrial Realty Trust's buildings and improvements?
Over 5 years (2020 to 2025), First Industrial Realty Trust's buildings and improvements has grown at a 7.9% compound annual growth rate (CAGR), from $2.92B to $4.27B.
What does buildings and improvements mean?
The total historical cost of all buildings and structural improvements owned.
How do you interpret buildings and improvements?
Growth indicates portfolio expansion through acquisition or development, while a decline suggests asset sales.
How does buildings and improvements compare across companies?
Commonly reported by all industrial REITs as a primary component of gross real estate assets.