# First Industrial Realty Trust, Inc. (FR)

- Sector: Real Estate · Industry: Reit Industrial
- SEC CIK: 0000921825 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000921825))
- Full page: https://inspectstocks.com/stocks/fr
- Data as of: price 2026-09-25; newest filing used 2026-07-23; latest fiscal period ended 2026-06-30

## Grade

**A** on the balance-sheet rubric used for lenders, 5 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | passed | $364.4M |  |
| Earnings growing overall | passed | $364.4M | $316.5M |
| Earnings growing recently | passed | $364.4M | $247.4M |
| Earns well on its assets | passed | 6.3% |  |
| Book value per share growing | passed | $20.16 | $18.62 |

Business quality (the + / − mark): 3 of 4 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | passed | 48.0% |  |
| Healthy profit margin | passed | 48.0% |  |
| Good return on equity | failed | 13.6% |  |
| Debt under control | passed | 0.01 |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $759.6M |
| Net income, trailing twelve months | $364.4M |
| Net margin | 48.0% |
| Return on equity | 13.6% |
| Debt to equity | 0.01 |
| Diluted EPS, trailing twelve months | $2.75 |
| Share price | $61.17 |
| Market value | $8.1B |
| Price / earnings | 22.2x |
| Price / sales | 10.7x |

## More on this company

- [Overview](https://inspectstocks.com/stocks/fr)
- [Financial statements](https://inspectstocks.com/stocks/fr/financials)
- [Competitors](https://inspectstocks.com/stocks/fr/peers)
- [Earnings](https://inspectstocks.com/stocks/fr/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.