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Company Analysis

First Industrial Realty Trust, FR

A comprehensive view of key metrics, scores, and financial health for First Industrial Realty Trust,

Overview of First Industrial Realty Trust, Inc.

FR NYQ
Real Estate REIT - Industrial Framework: Real Estate Investment Trusts Mid Cap
First Industrial Realty Trust, Inc. (FR), is a Mid Cap company, in the REIT - Industrial industry, last closed at $63.57, about 27.3% overvalued vs fair value, +29.7% 1Y return, ranked 112/330 in sector.
Metrics P/E 30.7× Rev Growth 8.6% ROE 9.3% Gross Margin 73.7% Div Yield 3.05%
USD 63.57
1.24%
(Delayed)
• Vol 90d: 20.9%
52-Week Range
Market Cap
$8.27B
Enterprise Value
$10.77B
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Good
Health
Fair
Efficiency
Fair
Valuation
Fair
Growth
Fair
Profitability
Good
Health
Fair
Efficiency
Fair
Valuation
Fair
Completeness: 82%
Confidence: 88%
Updated: Mar 8
Top Beats

Quick Facts

Website https://www.firstindustrial.co...
HQ Chicago, IL
Employees 151
Fiscal year Dec 31

Next Events

Dividend Jul 20 Ex-div: Jun 30
Earnings Jul 22

Fair Value Snapshot

Bear Base Bull
$41
$46
$52
Current: $63.57 -27% vs base

Engine Room Money Flow™

Mid Cap

Real Estate Investment Trust - Where revenue goes and how value is created

Flow Steps
Total Revenue
$727.1M
8.6%%
Net Operating Income
$307.7M
13%%
Net Income
$247.3M
-13.9%%
FFO (Funds From Operations)
$469.3M
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Real Estate Investment Trust

Quality & Reliability Indicators

FFO Payout Ratio
49.3%
Excellent

Dividends / FFO - basic dividend safety

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$232.8M
70.4% of AFFO

Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
3
Active Leaks
2/3
Improving
1
High Impact
0
Critical
Locked Leak
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Locked Leak
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Moat Analysis REIT Specialized

Competitive Advantage Assessment

Evaluating First Industrial Realty Trust, 's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
77
/100
Strong
Scores based on quantitative metrics and qualitative factors

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Rent Pricing Power

Strong
76
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Equity REITs vs Industry Peers 94% Coverage
Trade-Off Triangle Visualization A ternary plot showing FR's balance between Growth (34.2%), Profitability (35.5%), and Safety (30.4%). Growth 34% Safety 30% Profitability 35%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

63th percentile vs peers
64
Key Signals
Rev Growth YoY 8.6% 64p Revenue CAGR 3Y 10.4% 70p FFO Growth YoY 18.1% 65p AFFO/Share 2.67 72p FFO/Share 3.14 69p
Strengths
  • Growth above peer median with strong metric coverage (91%)
  • TSR in top 20% of peers (17.7%, 82th percentile)
  • Price/FFO in top 20% of peers (18.25, 88th percentile)
  • P/AFFO in top 20% of peers (20.16, 84th percentile)
Risks

No significant risks identified for this axis.

Profitability

66th percentile vs peers
66
Key Signals
Strengths
Risks
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Safety

56th percentile vs peers
57
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for First Industrial Realty Trust, .

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$46.20
- - -
-27.3% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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