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First Industrial Realty Trust FR Write Off Of Fully Depreciated Assets

Write Off Of Fully Depreciated Assets at other companies

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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 fr:WriteOffOfFullyDepreciatedAssets.

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 write off of fully depreciated assets?
First Industrial Realty Trust (FR) reported write off of fully depreciated assets of $14.3M in Q1 2026.
How has First Industrial Realty Trust's write off of fully depreciated assets changed year-over-year?
First Industrial Realty Trust's write off of fully depreciated assets increased by 25.8% year-over-year, from $11.37M to $14.3M.
What is the long-term trend for First Industrial Realty Trust's write off of fully depreciated assets?
Over 4 years (2021 to 2025), First Industrial Realty Trust's write off of fully depreciated assets has grown at a 9.5% compound annual growth rate (CAGR), from $36.8M to $52.86M.
What does write off of fully depreciated assets mean?
The removal of assets from financial records that have been completely depreciated.
How do you interpret write off of fully depreciated assets?
Frequent or large write-offs may indicate an aging portfolio or a cycle of significant asset replacement and modernization.
How does write off of fully depreciated assets compare across companies?
Standard accounting practice for all capital-intensive firms; usually found in supplemental cash flow notes.