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FIRST INDUSTRIAL REALTY TRUST, INC. (FR)

NYSE Mid Cap

Financial Services › Real Estate Investment Trusts

$60.84
Market Cap: $8.1B
Data as of Sep 30, 2025 (TTM)

Price History

Feb 9, 2026 — Apr 4, 2026

Investment Snapshot

  • Trading 101% above Graham Number — above intrinsic value estimate
  • Piotroski F-Score 3/9 — signs of financial weakness
  • ROE of 10.0% — below-average profitability
  • Revenue growing at 9% annually

FIRST INDUSTRIAL REALTY TRUST, INC. (FR) is a Financial Services company operating in Real Estate Investment Trusts, listed on the NYSE , with a market capitalisation of $8.1 billion . Key value metrics: P/E ratio 30.1, P/B ratio 3.02, Piotroski F-Score 3 out of 9 .

Value Score

Key Metrics

P/E Ratio
30.09
3.02
EPS
$2.02
Div. Yield
2.8%
PEG Ratio
P/S Ratio
EV/EBITDA
ROE
ROA
Gross Margin
Op. Margin
Net Margin
Debt/Equity
Current Ratio

Current vs 5-Year Average

Based on 5 years of SEC filings
Net Margin
↑ +2.1pp avg —
Gross Margin
↑ +2.1pp avg —
Operating Margin
↑ +2.1pp avg —
Return on Equity
↑ +2.1pp avg —
Debt / Equity
↑ +2.1pp avg —

Revenue & Net Income

EPS & Free Cash Flow Per Share

Financial Statements

Metric FY22 FY23 FY24
Revenue $X.XB $X.XB $X.XB
Gross Profit $X.XB $X.XB $X.XB
Operating Income $X.XB $X.XB $X.XB
Net Income $X.XB $X.XB $X.XB
EBITDA $X.XB $X.XB $X.XB
Total Assets $X.XB $X.XB $X.XB
Total Liabilities $X.XB $X.XB $X.XB
Data sourced from SEC EDGAR and Polygon.io. Methodology. View more Financial Services stocks →

FIRST INDUSTRIAL REALTY TRUST, INC. — Fundamental Analysis Summary

FIRST INDUSTRIAL REALTY TRUST, INC. (FR) is currently trading 101% above its Graham Number of $30.28, suggesting the market price exceeds Benjamin Graham's intrinsic value estimate. The stock carries an elevated trailing P/E ratio of 30.1x.

On financial health, FR shows a weak Piotroski F-Score of 3/9, a signal of deteriorating financial health, and modest return on equity of 10.0% (sector average: 5.8%), and elevated leverage with a debt-to-equity ratio of 1.10.

StockPik's composite Value Score for FR is 28/100 — reflecting current market or financial concerns. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

FR shows revenue growing at 9% year-over-year, with earnings declining at 14%.

FR pays a modest dividend yield of 2.8%.

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How is the Value Score calculated?
Read our full methodology →
How is the Graham Number calculated?
Benjamin Graham's intrinsic value formula, worked examples, and how to use it →
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