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First Industrial Realty Trust

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First Industrial Realty Trust is a REIT (NYSE: FR) and leading owner, operator and developer of industrial real estate. An enterprising group of problem solvers, First Industrial is dedicated to helping businesses - from multinational corporations to regional companies - stay ahead of their evolving requirements. Providing a range of supply chain solutions, First Industrial owns an industrial portfolio of more than 650 properties in the top North American industrial markets. Through our successful established platform, we lease, manage, buy, sell and develop only industrial assets. In addition, our experienced professionals have unmatched market knowledge, and continuously provide industry leading customer service and responsiveness. First Industrial satisfies industrial real estate needs by offering bulk and regional distribution centers, light industrial, and other industrial facility types. But more than available properties, today’s corporations require a strategic real estate partner who can provide comprehensive solutions – solutions that First Industrial is best equipped to provide due to its blend of national presence, local management, industrial focus, and access to capital.
TypePublic
Founded1994
HQChicago, USMap
Websitefirstindustrial.com
Employee Ratings3.1More
View Jobs (2)

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Latest Updates

Employees (est.) (Dec 2018)145(-9%)
Job Openings2
Revenue (FY, 2018)$404 M(+2%)
Share Price (Nov 2019)$42.1

Key People/Management at First Industrial Realty Trust

Peter Baccile

Peter Baccile

President and CEO
Johannson Yap

Johannson Yap

Chief Investment Officer
Peter Schultz

Peter Schultz

Executive Vice President - East
David Harker

David Harker

Executive Vice President - Central
Scott Musil

Scott Musil

CFO
Christopher Schneider

Christopher Schneider

SVP Operations and Chief Information Officer
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First Industrial Realty Trust Office Locations

First Industrial Realty Trust has an office in Chicago
Chicago, US (HQ)
One N Upper Wacker Dr
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First Industrial Realty Trust Financials and Metrics

First Industrial Realty Trust Revenue

First Industrial Realty Trust's revenue was reported to be $403.95 m in FY, 2018
USD

Revenue (Q3, 2019)

106.6m

Gross profit (Q3, 2019)

78.2m

Gross profit margin (Q3, 2019), %

73.4%

Net income (Q3, 2019)

78.3m

Market capitalization (15-Nov-2019)

5.3b

Closing stock price (15-Nov-2019)

42.1

Cash (30-Sep-2019)

28.0m

EV

5.4b
First Industrial Realty Trust's current market capitalization is $5.3 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

317.8m327.3m328.2m344.6m365.8m378.0m396.4m404.0m

Revenue growth, %

5%6%3%

Cost of goods sold

105.1m107.4m114.5m114.6m112.3m113.5m116.9m

Gross profit

222.1m220.8m230.1m251.1m265.7m282.9m287.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

73.3m76.8m83.1m83.8m81.0m83.3m84.7m83.4m86.2m86.3m87.1m89.9m90.5m92.2m93.5m93.0m93.6m97.4m97.6m99.3m99.8m98.8m100.3m104.5m104.1m106.6m

Cost of goods sold

27.9m27.8m26.8m31.3m27.8m27.6m29.8m27.8m28.0m28.4m26.9m27.5m28.5m26.9m28.5m29.4m28.6m28.5m30.2m27.4m28.4m

Gross profit

55.3m56.9m56.6m54.9m58.4m59.5m60.2m62.6m64.1m65.1m66.1m66.0m68.9m70.7m70.9m70.4m70.3m71.8m74.4m76.7m78.2m

Gross profit Margin, %

66%67%68%64%68%68%67%69%70%70%71%71%71%72%71%71%71%72%71%74%73%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

10.2m4.9m7.6m9.5m4.0m9.9m21.1m43.1m

Accounts Receivable

3.1m4.6m5.7m7.4m5.6m3.3m4.9m5.2m

Prepaid Expenses

123.4m102.9m114.2m64.7m72.2m83.1m101.2m

Inventories

Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

34.5m47.9m2.1m5.1m2.8m23.3m4.7m7.3m3.9m4.8m14.3m3.6m5.1m66.9m3.2m4.4m8.1m19.0m11.6m9.5m19.8m61.8m52.7m20.4m33.4m28.0m

Accounts Receivable

4.2m3.5m2.9m1.5m2.0m4.6m4.4m4.6m7.5m6.5m5.9m8.2m5.9m5.9m5.7m4.0m4.0m4.4m3.7m4.5m5.8m5.7m3.4m6.3m5.0m4.8m

Prepaid Expenses

114.8m114.8m117.0m111.9m106.2m106.1m102.0m103.4m97.3m86.6m70.0m63.0m63.9m71.1m77.2m72.6m76.9m84.0m85.0m91.3m96.4m94.5m106.2m106.9m106.3m165.6m

Total Assets

2.7b2.7b2.6b2.7b2.6b2.6b2.6b2.6b2.6b2.6b2.6b2.6b2.6b2.7b2.7b2.7b2.8b2.8b2.9b2.9b3.0b3.1b3.1b3.2b3.3b3.4b
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(7.4m)(1.3m)41.4m51.0m76.7m125.7m208.3m167.3m

Depreciation and Amortization

121.6m120.9m124.9m123.7m121.3m123.9m123.3m121.6m

Cash From Operating Activities

87.5m136.4m125.8m137.2m162.1m173.3m191.1m210.5m

Cash From Investing Activities

(3.8m)(42.2m)(61.3m)(69.1m)(197.1m)(111.0m)(96.2m)(223.4m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(3.5m)(7.5m)1.3m(8.3m)653.0k(903.0k)10.2m19.0m5.1m9.3m31.5m2.5m17.0m31.5m16.3m68.4m101.1m23.5m62.3m107.0m37.5m83.9m115.4m24.3m65.1m145.1m

Depreciation and Amortization

55.8m88.9m1.3m1.5m1.5m27.3m56.4m93.0m31.1m63.7m93.6m31.0m60.7m90.8m33.9m64.0m94.0m31.3m61.7m92.8m29.6m59.8m89.9m31.4m62.8m94.3m

Cash From Operating Activities

37.8m64.1m30.2m60.3m90.8m20.4m45.7m85.6m24.1m51.6m95.9m28.0m74.7m120.7m26.8m74.1m127.2m38.6m92.4m146.7m37.0m93.8m151.0m41.7m120.1m190.2m

Cash From Investing Activities

749.0k19.7m(1.4m)(62.6m)(21.0m)(25.4m)(48.5m)(65.2m)(13.9m)(47.9m)(28.7m)2.1m(48.4m)(136.1m)(48.4m)(29.1m)(68.1m)(27.7m)(107.0m)(164.6m)(75.2m)(139.5m)(172.5m)(57.0m)(157.6m)(214.9m)
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USDY, 2019

EV/CFO

28.4 x

Financial Leverage

2 x
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First Industrial Realty Trust Online and Social Media Presence

First Industrial Realty Trust's Trends

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First Industrial Realty Trust News and Updates

July 24, 2019

First Industrial Realty Trust Reports Second Quarter 2019 Results

CHICAGO, July 24, 2019 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced results for the second quarter of 2019. Diluted net income available to common stockholders per share...
July 10, 2019

First Industrial Realty Trust to Host Second Quarter 2019 Results Conference Call

CHICAGO, July 10, 2019 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator, and developer of industrial real estate, will host its second quarter 2019 results conference call on Thursday, July 25, 2019 at 11:00 a.m. CDT (12:00 p.m....
June 03, 2019

First Industrial Realty Trust to Present at REITWeek 2019: NAREIT's Investor Conference

CHICAGO, June 3, 2019 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, will present at REITWeek 2019: NAREIT's Investor Conference on Wednesday, June 5, 2019 at 11:45 AM EDT (10:45 AM CDT)....
April 23, 2019

First Industrial Realty Trust Reports First Quarter 2019 Results

CHICAGO, April 23, 2019 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced results for the first quarter of 2019. Diluted net income available to common stockholders per share...
February 13, 2019

First Industrial Realty Trust Reports Fourth Quarter and Full Year 2018 Results

CHICAGO, Feb. 13, 2019 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced results for the fourth quarter and full year 2018. Diluted net income available to common stockholders ...
January 29, 2019

First Industrial Realty Trust to Host Fourth Quarter and Full Year 2018 Results Conference Call

CHICAGO, Jan. 29, 2019 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator, and developer of industrial real estate, will host its fourth quarter and full year 2018 results conference call on Thursday, February 14, 2019 at 10:00 a.m....
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 First Industrial Realty Trust Frequently Asked Questions

  • When was First Industrial Realty Trust founded?

    First Industrial Realty Trust was founded in 1994.

  • Who are First Industrial Realty Trust key executives?

    First Industrial Realty Trust's key executives are Peter Baccile, Johannson Yap and Peter Schultz.

  • How many employees does First Industrial Realty Trust have?

    First Industrial Realty Trust has 145 employees.

  • What is First Industrial Realty Trust revenue?

    Latest First Industrial Realty Trust annual revenue is $404 m.

  • What is First Industrial Realty Trust revenue per employee?

    Latest First Industrial Realty Trust revenue per employee is $2.8 m.

  • Who are First Industrial Realty Trust competitors?

    Competitors of First Industrial Realty Trust include Transwestern, Artemis Real Estate Partners and Franklin Street Properties.

  • Where is First Industrial Realty Trust headquarters?

    First Industrial Realty Trust headquarters is located at One N Upper Wacker Dr, Chicago.

  • Where are First Industrial Realty Trust offices?

    First Industrial Realty Trust has an office in Chicago.

  • How many offices does First Industrial Realty Trust have?

    First Industrial Realty Trust has 1 office.