Real Estate
First Industrial Realty Trust, Inc.(FR)
Live Price
Offline$63.12
+2.14% today
1Y Change
+30.85%
Window
Jun 25, 2025 โ Jun 23, 2026
- Market Cap
- $8.29B
- Revenue Growth
- +8.6%
- EPS Growth
- -13.8%
- Dividend Yield
- 2.9%
Coverage: 249 bars ยท Jun 25, 2025 โ Jun 23, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
First Industrial Realty Trust, Inc. (FR) is a Real Estate stock with a market cap of $8.29B and listed on NYSE. The stock last traded around $63.12 and up 30.8% across the available one-year price window (Jun 25, 2025 โ Jun 23, 2026). Baseline metrics include revenue growth of +8.6%, EPS growth of -13.8%, a dividend yield of 2.9%. What stands out right now is revenue +8.6%, EPS -13.8%, free cash flow -14.8% with operating margin 38.3% and ROIC 108.5%. The dividend matters to the case here, with a current yield around 2.9%. Valuation already assumes a fairly strong business story at P/E 24.2 and price/sales 11.1. Overall, the current profile looks closer to a quality compounder than a generic broad-market placeholder. Stock Foundry combines FR price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Real Estate peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
+8.6% vs +11.4% peer median
Operating Margin
Below sector median
+38.3% vs +59.6% peer median
P/E
Above sector median
24.2 vs 19.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report landed above expectations
Q2 2026 was reported on Apr 22, 2026 with an EPS surprise of +227.3%.
The operating picture looks softer than before
Revenue is at +8.6% and EPS is at -13.8%, with operating margin around 38.3%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 2.9%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -0.8% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
Q2 2026 Apr 22, 2026 | +227.3% | -0.8% | -3.1% | -1.7% |
Q1 2026 Feb 4, 2026 | +40.5% | +2.2% | +1.6% | +5.1% |
Q1 2026 Jan 13, 2026 | +11.8% | +0.1% | -1.0% | +0.5% |
Benchmark Edge
FR vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
FR
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
FR Max Drawdown
-10.24%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for FR and SPY.
Company Overview
First Industrial Realty Trust, Inc.
New York Stock Exchange
First Industrial Realty Trust, Inc. (NYSE: FR) 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. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.
- Leadership
- Peter E. Baccile
- IPO Date
- Jun 24, 1994
- Employees
- 151
- Street Address
- One North Wacker Drive
- Mailing
- Chicago, IL, 60606
- Region
- Chicago, IL, US
- Reporting Currency
- USD
- Investor Line
- (312) 344-4300
- Last Updated
- Apr 29, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 24.2
- EV/EBITDA
- 12.6
- Price/Sales
- 11.1
- Price/Book
- 3.0
Growth
- Revenue
- +8.6%
- EPS
- -13.8%
- Free Cash Flow
- -14.8%
Profitability
- Gross Margin
- 47.0%
- Operating Margin
- 38.3%
- Net Margin
- 46.0%
- ROE
- 12.8%
- ROIC
- 108.5%
Balance Sheet
- Debt/Equity
- โ
- Current Ratio
- โ
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.