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First Industrial Realty Trust Inc. (FR)$63.28

Market Cap: 6.67 BCurrency: USD

Research Snapshot

Static fundamentals, valuation context, and investor signals for First Industrial Realty Trust Inc. (FR).

REAL ESTATE
REIT - INDUSTRIAL
DCF ready

Valuation

14.3x

EV/FCF, 7.0% FCF yield

Quality

9.3%

ROIC, 63.4% FCF margin

Growth

10.2%

5Y sales (revenue) CAGR

Balance sheet

0.0x

Debt/equity, N/A current ratio

Superinvestors

1

Top: Third Avenue Management (0.8%)

Strengths to research

  • Revenue compounded at 10.2% over five years.
  • Free cash flow compounded at 13.9% over five years.
  • Free cash flow margin is healthy at 63.4%.
  • Debt/equity looks manageable at 0.0x.

Watchouts

No major valuation, balance sheet, or growth watchouts were detected by the static screen.

Annual data: 10 periods
Quarterly data: 24 periods
Stock snapshot: May 25, 2026
Static dataset: May 25, 2026

Quality Scorecard

Build-time composite score for FR.

Grade D
42
/ 100

Peer Comparison

Target stock against 5 market-cap comparable peers.

Heat map: red worst to green best
FR
Target
First Industrial Realty Trust Inc.$6.7B33.8x14.3x9.3%10.2%63.4%N/AN/AN/A
TRNOTerreno Realty Corp.$5.9B16.9x24.9x7.9%20.6%57.1%N/AN/AN/A
REXRRexford Industrial Realty Inc.$8.4B42.1x21.2x1.9%7.0%92034.8%N/AN/AN/A
EGPEastGroup Properties SBI$8.8B42.1x18.2x7.4%14.7%66.6%N/AN/AN/A
EXRExtra Space Storage Inc.$33.1B31.2x25.6x7.3%20.0%995.1%N/A-0.1xN/A
PSAPublic Storage$52.7B33.9x19.7x9.1%10.6%66.1%N/AN/AN/A

Financial Charts

No financial data available for FR (annual).

1 superinvestors own FR

Current quarter ownership and quarter-over-quarter share changes.

Superinvestor ownership
FundSharesValue% PortfolioQoQ Change
Third Avenue Management

Third Avenue Management

81,016$5M0.76%0.0%