Skip to content

First Industrial Realty Trust FR Construction in progress

Construction in progress at other companies

EastGroup Properties logo
EastGroup PropertiesEGP
$698.41M+1.8%
Rexford Industrial Realty logo
Rexford Industrial RealtyREXR
$327.03M-15.4%
Equity Residential logo
Equity ResidentialEQR
$85.97M-40.6%
Gaming and Leisure Properties logo
Gaming and Leisure PropertiesGLPI
Camden Property Trust logo
Camden Property TrustCPT

Other financials

Income statement

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

Balance sheet

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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:DevelopmentInProcess.

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

Ask your AI about First Industrial Realty Trust's construction in progress.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is First Industrial Realty Trust's construction in progress?
First Industrial Realty Trust (FR) reported construction in progress of $207.41M in Q1 2026.
How has First Industrial Realty Trust's construction in progress changed year-over-year?
First Industrial Realty Trust's construction in progress increased by 4.2% year-over-year, from $199.03M to $207.41M.
What is the long-term trend for First Industrial Realty Trust's construction in progress?
Over 5 years (2020 to 2025), First Industrial Realty Trust's construction in progress has grown at a 23.3% compound annual growth rate (CAGR), from $77.57M to $221.05M.
What does construction in progress mean?
The value of real estate projects currently being built but not yet operational.
How do you interpret construction in progress?
An increase signals active development and future growth capacity, while a decrease may indicate project completion or a slowdown in development.
How does construction in progress compare across companies?
Standard for REITs engaged in development activities; varies based on the development cycle.