First Industrial Financials

FR Stock  USD 53.51  1.46  2.66%   
First Industrial Realty is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in April. At this time, First Industrial's Noncontrolling Interest In Consolidated Entity is relatively stable compared to the past year. As of 03/23/2025, Retained Earnings Total Equity is likely to grow to about 27.9 M, while Short and Long Term Debt Total is likely to drop slightly above 1.5 B. Key indicators impacting First Industrial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.320.8354
Way Up
Slightly volatile
Operating Income468.2 M445.9 M
Sufficiently Up
Slightly volatile
Current Ratio0.50.397
Significantly Up
Slightly volatile
The financial analysis of First Industrial is a critical element in measuring its lifeblood. Investors should not minimize First Industrial's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

160.89 Million

  
Understanding current and past First Industrial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Industrial's financial statements are interrelated, with each one affecting the others. For example, an increase in First Industrial's assets may result in an increase in income on the income statement.

First Industrial Stock Summary

First Industrial competes with LXP Industrial, Plymouth Industrial, Global Self, Terreno Realty, and Rexford Industrial. is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020. First Industrial operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 162 people.
Foreign Associate
  Mexico
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS32054K1034
CUSIP32054K103
LocationIllinois; U.S.A
Business AddressOne North Wacker
SectorDiversified REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.firstindustrial.com
Phone312 344 4300
CurrencyUSD - US Dollar

First Industrial Key Financial Ratios

First Industrial Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets3.8B4.2B5.0B5.2B5.3B3.2B
Net Debt1.5B1.6B2.0B2.2B2.2B1.5B
Retained Earnings(306.3M)(178.3M)23.1M127.7M219.1M230.0M
Other Assets3.6B291.014.6B25.8M5.0B5.3B
Total Liab1.8B1.9B2.4B2.5B2.5B1.8B
Other Current Liab33.7M37.2M(74.4M)91.3M51.2M44.5M
Accounts Payable120.3M153.1M194.0M86.6M132.7M131.4M
Cash162.1M58.6M133.2M43.8M44.5M34.7M
Net Receivables90.3M103.8M130.1M155.0M170.2M178.7M
Total Current Assets424.9M318.7M475.3M198.9M226.5M147.3M
Common Stock1.3M1.3M1.3M1.3M1.5M896.7K
Other Liab69.4M73.2M107.8M115.3M103.8M75.0M
Long Term Debt1.6B1.5B1.9B1.9B1.9B1.7B
Other Current Assets(289.9M)(162.6M)11.9M203.3M7.2M4.9M
Inventory1.015.7M318.8M11.9M4.6M4.4M
Intangible Assets25.2M21.3M24.1M21.5M19.4M34.5M
Net Tangible Assets1.7B1.9B2.0B2.4B2.8B1.6B
Long Term Debt Total1.3B1.6B1.5B1.9B2.2B1.5B
Capital Surpluse2.1B2.2B2.4B2.4B2.8B2.3B
Short Term Debt261.9M79M320K776K282M296.1M

First Industrial Key Income Statement Accounts

The reason investors look at the income statement is to determine what First Industrial's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense51.3M44.1M49.0M74.3M83.0M60.2M
Total Revenue448.0M476.3M539.9M614.0M669.6M407.3M
Gross Profit328.8M345.0M396.3M444.7M486.8M313.2M
Operating Income162.9M176.0M210.8M315.6M445.9M468.2M
Ebit10.9M10.1M32.2M248.8M214.8M225.5M
Ebitda292.6M307.0M358.2M413.3M386.7M239.7M
Net Income196.0M271.0M266.7M274.8M287.6M301.9M
Income Tax Expense2.4M4.9M23.4M8.7M(6.1M)(5.8M)
Income Before Tax198.4M282.2M290.0M262.3M297.8M312.7M
Cost Of Revenue119.2M131.3M143.7M169.3M182.8M111.5M
Minority Interest4.2M(6.2M)(22.5M)(11.0M)(8.4M)(8.0M)
Tax Provision2.4M4.9M23.4M8.7M6.1M5.6M
Interest Income37.3M50.5M47.7M62.7M56.5M45.6M
Net Interest Income(54.7M)(47.5M)(52.2M)(78.0M)(86.6M)(90.9M)

First Industrial Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash46.9M(140.9M)86.3M(101.3M)7.8M8.2M
Free Cash Flow80.0M33.9M410.9M304.8M352.5M370.1M
Depreciation137.8M139.1M152.3M164.5M139.2M124.4M
Other Non Cash Items(98.7M)(162.8M)(182.3M)(138.8M)(119.8M)(113.8M)
Dividends Paid127.3M139.7M155.3M169.4M193.5M110.9M
Capital Expenditures254.2M161.1M233.2M827.7M480.6M0.0
Net Income200.2M277.2M381.6M285.8M296.0M310.8M
End Period Cash Flow199.7M58.8M145.1M43.8M51.7M42.8M
Change To Inventory(1.2M)(13.5M)(26.5M)6.8M6.1M5.8M
Investments(251.7M)19.9M(629.1M)(440.5M)(131.6M)(138.2M)
Net Borrowings184.8M111.9M14.6M459.5M528.5M554.9M
Change To Netincome4.6M7.5M9.1M13.3M15.3M16.1M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Industrial's current stock value. Our valuation model uses many indicators to compare First Industrial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Industrial competition to find correlations between indicators driving First Industrial's intrinsic value. More Info.
First Industrial Realty is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about  0.30  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Industrial Realty is roughly  3.34 . At this time, First Industrial's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value First Industrial by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

First Industrial Realty Systematic Risk

First Industrial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Industrial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on First Industrial Realty correlated with the market. If Beta is less than 0 First Industrial generally moves in the opposite direction as compared to the market. If First Industrial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Industrial Realty is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Industrial is generally in the same direction as the market. If Beta > 1 First Industrial moves generally in the same direction as, but more than the movement of the benchmark.

First Industrial Thematic Clasifications

First Industrial Realty is part of several thematic ideas from Trading to SRI Sustainable Growth. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in First Industrial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Industrial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Industrial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.42

At this time, First Industrial's Price Earnings To Growth Ratio is relatively stable compared to the past year.

First Industrial March 23, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Industrial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Industrial Realty. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Industrial Realty based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Industrial's daily price indicators and compare them against related drivers.

Additional Tools for First Stock Analysis

When running First Industrial's price analysis, check to measure First Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Industrial is operating at the current time. Most of First Industrial's value examination focuses on studying past and present price action to predict the probability of First Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Industrial's price. Additionally, you may evaluate how the addition of First Industrial to your portfolios can decrease your overall portfolio volatility.