First Industrial Realty Trust financials
$61.15−0.18%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $727.1M | $669.6M | $614.0M | $539.9M | $476.3M | $448.0M | $426.0M | $404.0M | $391.9M | $378.0M |
| Gross profit | $535.6M | $486.8M | $448.4M | $396.3M | $345.0M | $328.8M | $309.4M | $287.1M | $278.4M | $265.7M |
| Gross margin | 73.7% | 72.7% | 73.0% | 73.4% | 72.4% | 73.4% | 72.6% | 71.1% | 71.0% | 70.3% |
| Operating income | $307.7M | $272.4M | $244.6M | $214.0M | $179.4M | $166.3M | $159.6M | $140.1M | $138.5M | $121.2M |
| Net income | $247.3M | $287.3M | $274.6M | $358.8M | $270.7M | $196.0M | $238.8M | $163.2M | $201.5M | $121.2M |
| Net margin | 34.0% | 42.9% | 44.7% | 66.5% | 56.8% | 43.7% | 56.1% | 40.4% | 51.4% | 32.1% |
| Diluted EPS | $1.87 | $2.17 | $2.07 | $2.72 | $2.09 | $1.53 | $1.88 | $1.31 | $1.69 | $1.05 |
| EBITDA | $502.8M | $448.7M | $409.1M | $367.2M | $318.5M | $304.1M | $286.7M | $264.5M | $261.8M | $245.6M |
| Operating cash flow | $461.3M | $352.5M | $304.8M | $410.9M | $266.9M | $240.4M | $245.5M | $210.5M | $191.1M | $173.3M |
| Free cash flow | $461.3M | $352.5M | $304.8M | -$111.4M | $266.9M | — | — | — | — | — |
| Diluted shares | 132.5M | 132.4M | 132.3M | 132.1M | 129.8M | 127.9M | 126.7M | 124.2M | 118.8M | 115.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $78.0M | $44.5M | $43.8M | $133.2M | $58.6M | $162.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $2.55B | $2.21B | $2.22B | $2.07B | $1.61B | $1.59B |
| Total assets | $5.69B | $5.26B | $5.18B | $4.95B | $4.18B | $3.79B |
| Total liabilities | $2.93B | $2.52B | $2.54B | $2.42B | $1.75B | $1.54B |
| Shareholders' equity | $2.76B | $2.75B | $2.64B | $2.53B | $2.43B | $2.25B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology