Summary of share price highs, lows and changes for First Industrial Realty Trust
Historical stock prices
Current Share Price	US$60.68
52 Week High	US$64.01
52 Week Low	US$43.93
Beta	1.13
1 Month Change	-0.61%
3 Month Change	2.48%
1 Year Change	32.95%
3 Year Change	20.30%
5 Year Change	25.09%
Change since IPO	156.85%

Recent updates

First Industrial Realty Q1 Preview: Continued Momentum Expected, Shares Fairly Valued

Apr 07

First Industrial: The Dividend Growth Giant That Doesn't Get Enough Attention

Mar 30

First Industrial Realty: A Top Industrial Pick With Solid Upside Potential

Dec 09

First Industrial: Still Attractive Despite Policy Risk

Nov 14

First Industrial Realty Trust: One Of My Top Industrial REIT Picks

Sep 08

Leasing Focus In Volatile Markets And Speculative Developments May Stifle Growth Prospects

Aug 27 Focusing on leasing in improving markets with rising vacancies risks occupancy rates and revenue growth if demand doesn't match new supply.

First Industrial Realty Trust Sets The Ground For The Upcoming Upside

Jul 24

First Industrial: Recent Volatility Makes Them More Attractive Compared To Peers

Jul 09

First Industrial Looks Buyable As Market Conditions Improve

Jun 20

First Industrial: Shares Attractive Despite Softer Q1 Results

Apr 18

First Industrial Is Positioned For A Strong 2024

Jan 05

First Industrial: Embedded Growth At A Discount

Oct 25

Shareholder Returns

	FR	US Industrial REITs	US Market
7D	3.4%	3.0%	3.3%
1Y	33.0%	26.8%	28.1%

Return vs Industry: FR exceeded the US Industrial REITs industry which returned 29.3% over the past year.

Return vs Market: FR exceeded the US Market which returned 29.7% over the past year.

Price Volatility

Is FR's price volatile compared to industry and market?
FR volatility
FR Average Weekly Movement	2.8%
Industrial REITs Industry Average Movement	3.4%
Market Average Movement	7.1%
10% most volatile stocks in US Market	16.1%
10% least volatile stocks in US Market	3.3%

Stable Share Price: FR has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FR's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1993	152	Peter Baccile	www.firstindustrial.com

First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties. Through our fully integrated operating and investing platform, we provide high quality facilities and industry-leading customer service to multinational corporations and regional firms that are essential for their supply chains. In total, we own and have under development approximately 71.6 million square feet of industrial space concentrated in 15 target MSAs as of December 31, 2025.

First Industrial Realty Trust, Inc. Fundamentals Summary

How do First Industrial Realty Trust's earnings and revenue compare to its market cap?
FR fundamental statistics
Market cap	US$8.29b
Earnings (TTM)	US$247.30m
Revenue (TTM)	US$727.56m

32.5x

P/E Ratio

11.1x

P/S Ratio

Is FR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FR income statement (TTM)
Revenue	US$727.56m
Cost of Revenue	US$192.11m
Gross Profit	US$535.45m
Other Expenses	US$288.16m
Earnings	US$247.30m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Apr 22, 2026

Earnings per share (EPS)	1.87
Gross Margin	73.60%
Net Profit Margin	33.99%
Debt/Equity Ratio	92.6%

How did FR perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

57%

Payout Ratio

Does FR pay a reliable dividends?

See FR dividend history and benchmarks

When do you need to buy FR by to receive an upcoming dividend?
First Industrial Realty Trust dividend dates
Ex Dividend Date	Mar 31 2026
Dividend Pay Date	Apr 20 2026
Days until Ex dividend	12 days
Days until Dividend pay date	8 days

Does FR pay a reliable dividends?

See FR dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/04/10 18:55
End of Day Share Price	2026/04/10 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Industrial Realty Trust, Inc. is covered by 27 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nicholas Thillman	Baird
Brendan Lynch	Barclays
Anthony Powell	Barclays

First Industrial Realty Trust (FR) Stock Overview

Rewards

Risk Analysis

FR: 2025 Guidance And Resilient Margins Will Balance Uncertainties Ahead

First Industrial Realty Trust, Inc. Competitors

STAG Industrial

Rexford Industrial Realty

EastGroup Properties

Terreno Realty

Price History & Performance

Recent News & Updates

First Industrial Realty Trust, Inc. to Report Q1, 2026 Results on Apr 22, 2026

Land & Buildings Investment Sends Letter to First Industrial Realty Trust

First Industrial Realty Q1 Preview: Continued Momentum Expected, Shares Fairly Valued

Upcoming dividend of US$0.50 per share

Recent updates

First Industrial Realty Trust, Inc. to Report Q1, 2026 Results on Apr 22, 2026

Land & Buildings Investment Sends Letter to First Industrial Realty Trust

First Industrial Realty Q1 Preview: Continued Momentum Expected, Shares Fairly Valued

Upcoming dividend of US$0.50 per share

First Industrial Realty Trust, Inc., Annual General Meeting, Apr 30, 2026

First Industrial Realty Trust, Inc. Appoints Frank E. Schmitz to Board of Directors, Effective June 1, 2026

Land & Buildings Issues Letter to First Industrial Realty Shareholders

Land & Buildings Issues Letter to Shareholders of First Industrial Realty Trust

Fourth quarter dividend increased to US$0.50

Full year 2025 earnings: EPS exceeds analyst expectations

New minor risk - Earnings quality

First Industrial Realty Trust, Inc. Declares Dividend for the Quarter Ending March 31, 2026, Payable on April 20, 2026

First Industrial Realty Trust, Inc. to Report Q4, 2025 Results on Feb 04, 2026

Upcoming dividend of US$0.45 per share

Land & Buildings Issues Presentation Detailing First Industrial’s Underappreciated Portfolio Quality and Substantial Discount to NAV

Third quarter dividend of US$0.45 announced

Now 20% undervalued

First Industrial Realty Trust Declares Common Stock Dividends for the Quarter Ending December 31, 2025, Payable on January 20, 2026

Third quarter 2025 earnings: EPS exceeds analyst expectations

First Industrial Realty Trust, Inc. Revises Earnings Guidance for the Year 2025

Upcoming dividend of US$0.45 per share

First Industrial Realty Trust, Inc. to Report Q3, 2025 Results on Oct 15, 2025

First Industrial Realty Trust, Inc. has filed a Follow-on Equity Offering in the amount of $800 million.

Second quarter dividend of US$0.45 announced

First Industrial Realty Trust Declares Common Stock Dividends for the Quarter Ending September 30, 2025, Payable on October 20, 2025

Second quarter 2025 earnings: EPS and revenues exceed analyst expectations

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2025

First Industrial Realty Trust, Inc. to Report Q2, 2025 Results on Jul 16, 2025

Upcoming dividend of US$0.45 per share

First quarter dividend of US$0.45 announced

First Industrial Realty Trust, Inc. Declares Common Stock Dividends for the Quarter Ending June 30, 2025, Payable on July 21, 2025

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Fiscal 2025

First quarter 2025 earnings: EPS misses analyst expectations

First Industrial Realty Trust, Inc. (NYSE:FR) acquired 2 Buildings Totaling 796,000 Square Feet in Phoenix for $120 million.

Investor sentiment deteriorates as stock falls 16%

First Industrial: The Dividend Growth Giant That Doesn't Get Enough Attention

First Industrial Realty Trust, Inc. to Report Q1, 2025 Results on Apr 16, 2025

Upcoming dividend of US$0.45 per share

First Industrial Realty Trust, Inc., Annual General Meeting, Apr 30, 2025

Fourth quarter dividend of US$0.45 announced

Full year 2024 earnings: EPS exceeds analyst expectations

First Industrial Realty Trust, Inc. Declares Dividend for the Quarter Ending March 31, 2025, Payable on April 21, 2025

First Industrial Realty Trust, Inc. to Report Fiscal Year 2024 Results on Feb 05, 2025

Upcoming dividend of US$0.37 per share

First Industrial Realty: A Top Industrial Pick With Solid Upside Potential

First Industrial: Still Attractive Despite Policy Risk

Third quarter dividend of US$0.37 announced

First Industrial Realty Trust, Inc. Declares Common Stock Dividend for the Quarter Ending December 31, 2024, Payable on January 21, 2025

Third quarter 2024 earnings: EPS exceeds analyst expectations

An undisclosed buyer acquired 163,000 square feet, three buildings loacted in Central Pennsylvania from First Industrial Realty Trust, Inc. (NYSE:FR) for $19 million.

First Industrial Realty Trust, Inc. to Report Q3, 2024 Results on Oct 16, 2024

Upcoming dividend of US$0.37 per share

First Industrial Realty Trust: One Of My Top Industrial REIT Picks

Leasing Focus In Volatile Markets And Speculative Developments May Stifle Growth Prospects

Second quarter dividend of US$0.37 announced

First Industrial Realty Trust, Inc. Declares Common Stock Dividends for the Quarter Ending September 30, 2024, Payable on October 21, 2024

First Industrial Realty Trust Sets The Ground For The Upcoming Upside

Second quarter 2024 earnings: EPS exceeds analyst expectations

First Industrial Realty Trust, Inc. Provides Earnings Guidance for the Year 2024

First Industrial: Recent Volatility Makes Them More Attractive Compared To Peers

First Industrial Realty Trust, Inc. to Report Q2, 2024 Results on Jul 17, 2024

First Industrial Looks Buyable As Market Conditions Improve

First quarter dividend of US$0.37 announced

First Industrial Realty Trust, Inc. Declares Common Stock Dividend for the Quarter Ending June 30, 2024, Payable on July 15, 2024