As of September 30, 2026, First Industrial Realty Trust, Inc. carries a market capitalization of 7.89B, placing it among publicly traded companies globally. Its enterprise value stands at 10.61B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 7.89B |
| Enterprise Value | 10.61B |
First Industrial Realty Trust, Inc.'s next confirmed earnings release is scheduled for February 10, 2027.
| Earnings Date | 2/10/2027 |
As of September 30, 2026, First Industrial Realty Trust, Inc. has 132.58M shares outstanding.
| Shares Outstanding | 132.58M |
As of September 30, 2026, First Industrial Realty Trust, Inc. trades at a trailing price-to-earnings ratio of 22.07. The price-to-sales ratio is 10.18, and the price-to-book ratio stands at 2.84.
| PE Ratio | 22.07 |
| PS Ratio | 10.18 |
| PB Ratio | 2.84 |
| P/TBV Ratio | 2.84 |
| P/FCF Ratio | 17.91 |
| P/OCF Ratio | 17.90 |
As of September 30, 2026, First Industrial Realty Trust, Inc. trades at an EV/EBITDA multiple of 19.98 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 13.68 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 32.96 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. First Industrial Realty Trust, Inc. trades at an EV/FCF ratio of 19.91, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 10.61B versus a market cap of 7.89B, with the gap driven by net debt and cash on the balance sheet.
| EV / Sales | 13.68 |
| EV / EBITDA | 19.98 |
| EV / EBIT | 32.96 |
| EV / FCF | 19.91 |
As of September 30, 2026, First Industrial Realty Trust, Inc. maintains a current ratio of 0.71, meaning it holds 0.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 92.69, indicating elevated leverage, while an interest coverage ratio of 5.59 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 0.71 |
| Quick Ratio | 0.71 |
| Debt / Equity | 92.69 |
| Debt / EBITDA | 5.01 |
| Interest Coverage | 5.59 |
Over the twelve months ended September 30, 2026, First Industrial Realty Trust, Inc. posted a return on equity (ROE) of 13.18, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 5.81 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 6.28, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 8.08, useful for judging operating efficiency across full business cycles. The company generates approximately 5.10M in revenue per employee across its workforce of 152.00, a quick read on workforce productivity versus industry peers.
| Return on Equity (ROE) | 13.18 |
| Return on Assets (ROA) | 6.28 |
| Return on Invested Capital (ROIC) | 5.81 |
| Return on Capital Employed (ROCE) | 8.08 |
| Revenue Per Employee | 5.10M |
| Employee Count | 152.00 |
Over the twelve months ended September 30, 2026, First Industrial Realty Trust, Inc. recorded 12.26M in income tax expense. That works out to an effective tax rate of 3.44, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 356.23M, leaving 357.60M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.
| Income Tax | 12.26M |
| Effective Tax Rate | 3.44 |
As of the close on November 6, 2026, First Industrial Realty Trust, Inc.'s stock has declined approximately 2.49% over the past 52 weeks. The 50-day moving average sits at 59.15, while the 200-day moving average is 61.26.
| 52-Week Price Change | -2.49% |
| 50-Day Moving Average | 59.15 |
| 200-Day Moving Average | 61.26 |
Over the twelve months ended September 30, 2026, First Industrial Realty Trust, Inc. generated 775.29M in revenue and converted that into 357.60M in net income, yielding earnings per share of 2.83. EBITDA reached 530.94M, while operating income came in at 321.79M.
| Revenue | 775.29M |
| Gross Profit | 571.81M |
| Operating Income | 321.79M |
| Pretax Income | 356.23M |
| Net Income | 357.60M |
| EBITDA | 530.94M |
| EBIT | 321.79M |
| Earnings Per Share (EPS) | 2.83 |
As of September 30, 2026, First Industrial Realty Trust, Inc. holds 42.43M in cash and equivalents against 2.66B in total debt, resulting in a net debt position of 2.60B. Total book value stands at 2.78B, with working capital of -98.45M providing operational flexibility.
| Cash & Cash Equivalents | 42.43M |
| Total Debt | 2.66B |
| Net Debt | 2.60B |
| Equity (Book Value) | 2.78B |
| Book Value Per Share | 20.94 |
| Working Capital | -98.45M |
First Industrial Realty Trust, Inc. produced 441.00M in operating cash flow over the twelve months ended September 30, 2026.
| Operating Cash Flow | 441.00M |
| Free Cash Flow | 441.00M |
| FCF Per Share | 3.33 |
Over the twelve months ended September 30, 2026, First Industrial Realty Trust, Inc. posted a gross margin of 73.75, reflecting its pricing power and cost economics. The operating margin of 41.51 and net profit margin of 46.12 provide insight into operational efficiency.
| Gross Margin | 73.75 |
| Operating Margin | 41.51 |
| Pretax Margin | 45.95 |
| Profit Margin | 46.12 |
| EBITDA Margin | 68.48 |
Over the twelve months ended September 30, 2026, First Industrial Realty Trust, Inc. paid dividends of 1.94 per share. The dividend payout ratio of 65.44 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 5.58, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 0.47, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to First Industrial Realty Trust, Inc. shareholders.
| Dividend Per Share | 1.94 |
| Payout Ratio | 65.44 |
| Shareholder Yield | 0.47 |
| FCF Yield | 5.58 |
As of September 30, 2026, First Industrial Realty Trust, Inc. has an Altman Z-Score of 1.94, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 1.94 |