First Industrial Realty Trust, Inc. (FR)
NYSE: FR · Real-Time Price · USD
60.22
-1.18 (-1.92%)
Mar 6, 2026, 9:38 AM EST - Market open

FR Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Rental Revenue
719.22660.97602.29532.24473.24
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Other Revenue
8.3411.2115.91122.632.89
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Total Revenue
727.56672.18618.2654.87476.13
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Revenue Growth (YoY
8.24%8.73%-5.60%37.54%6.33%
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Property Expenses
192.11184.35169.32144.57131.3
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Selling, General & Administrative
41.9540.9437.1233.9734.61
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Depreciation & Amortization
185.32171.94162.95147.42130.95
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Total Operating Expenses
419.37397.22369.39325.96296.86
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Operating Income
308.19274.96248.81328.91179.27
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Interest Expense
-89.92-86.62-77.96-52.2-47.53
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EBT Excluding Unusual Items
218.27188.34170.85276.71131.74
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Gain (Loss) on Sale of Investments
34.181.7628.03--
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Gain (Loss) on Sale of Assets
26.91111.9795.65128.27150.31
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Pretax Income
279.36302.06294.53404.98282.05
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Income Tax Expense
15.286.088.6923.364.88
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Earnings From Continuing Operations
264.08295.99285.84381.61277.17
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Minority Interest in Earnings
-16.64-8.43-11.02-22.48-6.17
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Net Income
247.44287.55274.82359.13271
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Preferred Dividends & Other Adjustments
0.150.210.230.350.3
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Net Income to Common
247.3287.34274.58358.79270.7
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Net Income Growth
-13.95%4.63%-23.48%32.52%38.27%
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Basic Shares Outstanding
132132132132130
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Diluted Shares Outstanding
133132132132130
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Shares Change (YoY)
0.07%0.06%0.18%1.79%1.46%
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EPS (Basic)
1.872.172.082.722.09
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EPS (Diluted)
1.872.172.072.722.09
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EPS Growth
-13.96%4.83%-23.83%30.20%36.43%
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Dividend Per Share
1.7801.4801.2801.1801.080
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Dividend Growth
20.27%15.63%8.48%9.26%8.00%
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Operating Margin
42.36%40.91%40.25%50.22%37.65%
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Profit Margin
33.99%42.75%44.42%54.79%56.85%
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EBITDA
503.28451.25413.32481.23318.32
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EBITDA Margin
69.17%67.13%66.86%73.48%66.86%
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D&A For Ebitda
195.08176.29164.52152.32139.06
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EBIT
308.19274.96248.81328.91179.27
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EBIT Margin
42.36%40.91%40.25%50.22%37.65%
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Funds From Operations (FFO)
403.82360.13322.67301.17255.96
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FFO Per Share
2.962.65---
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Adjusted Funds From Operations (AFFO)
333.47294.49322.67301.17255.96
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AFFO Per Share
2.452.17---
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FFO Payout Ratio
57.26%53.73%52.49%51.58%54.58%
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Effective Tax Rate
5.47%2.01%2.95%5.77%1.73%
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Revenue as Reported
727.08669.64614.03539.93476.29
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Source: S&P Capital IQ. Real Estate template. Financial Sources.