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.
Company Growth (employees)
First Industrial Realty Trust was founded in 1994 and is headquartered in Chicago, US
First Industrial Realty Trust Office Locations
First Industrial Realty Trust has an office in Chicago
Chicago, US (HQ)
3900 311 S Wacker Dr
First Industrial Realty Trust Data and Metrics
First Industrial Realty Trust Financial Metrics
First Industrial Realty Trust's revenue was reported to be $97.4 m in Q1, 2017
USD
Revenue (Q1, 2017) | 97.4 m |
Net income (Q1, 2017) | 23.5 m |
Market capitalization (15-Aug-2017) | 3.6 b |
Cash (31-Mar-2017) | 19 m |
First Industrial Realty Trust's current market capitalization is $3.6 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 328.2 m | 344.6 m | 365.8 m | 378 m |
Revenue growth, % | 5% | 6% | 3% | |
General and administrative expense | 26.7 m | |||
Operating expense total | 242.6 m | 250.8 m | 255.8 m | 256.8 m |
EBIT | (76.4 m) | (53.8 m) | 43.6 m | |
EBIT margin, % | (23%) | (16%) | 12% | |
Interest expense | 73.6 m | 72.2 m | 67.4 m | 59.4 m |
Interest income | 2.4 m | 2.1 m | 61 k | |
Income tax expense | 213 k | (238 k) | (117 k) | (1.1 m) |
Net Income | 41.4 m | 51 m | 76.7 m | 125.7 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 86.3 m | 87.1 m | 89.9 m | 90.5 m | 92.2 m | 93.5 m | 93 m | 93.6 m | 97.4 m |
General and administrative expense | 7.1 m | 5.4 m | 7 m | 6.2 m | 5.9 m | 7.7 m | 6.4 m | 6 m | 8 m |
Operating expense total | 7.1 m | 5.4 m | 7 m | 6.2 m | 5.9 m | 7.7 m | 6.4 m | 6 m | 8 m |
Interest expense | (18.9 m) | (17.3 m) | (16.6 m) | (16.4 m) | (16.7 m) | (16.3 m) | (14.6 m) | (14.4 m) | (14.4 m) |
Interest income | 671 k | 681 k | 24 k | 33 k | 2 k | ||||
Income tax expense | (79 k) | (103 k) | (60 k) | (81 k) | 14 k | (58 k) | (123 k) | (51 k) | (88 k) |
Net Income | 9.3 m | 31.5 m | 2.5 m | 17 m | 31.5 m | 16.3 m | 68.4 m | 101.1 m | 23.5 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 7.6 m | 9.5 m | 4 m | 9.9 m |
Accounts Receivable | 3.3 m | |||
Total Assets | 2.6 b | 2.6 b | 2.7 b | 2.8 b |
Total Liabilities | 1.5 b | |||
Common Stock | 1.1 m | 1.1 m | 1.1 m | 1.2 m |
Additional Paid-in Capital | 1.9 b | 1.9 b | 1.8 b | 1.9 b |
Total Equity | 1.2 b | 1.1 b | 1.1 b | 1.3 b |
Financial Leverage | 2.2 x | 2.4 x | 2.4 x | 2.2 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 4.8 m | 14.3 m | 3.6 m | 5.1 m | 66.9 m | 3.2 m | 4.4 m | 8.1 m | 19 m |
Total Assets | 2.6 b | 2.6 b | 2.6 b | 2.6 b | 2.7 b | 2.7 b | 2.7 b | 2.8 b | 2.8 b |
Common Stock | 1.1 m | 1.1 m | 1.2 m | 1.2 m | 1.2 m | 1.1 m | 1.2 m | 1.2 m | 1.2 m |
Additional Paid-in Capital | 1.9 b | 1.9 b | 1.9 b | 1.9 b | 1.9 b | 1.8 b | 1.9 b | 1.9 b | 1.9 b |
Total Equity | 1.1 b | 1.1 b | 1.1 b | 1.1 b | 1.1 b | 1.1 b | 1.2 b | 1.3 b | 1.3 b |
Financial Leverage | 2.4 x | 2.4 x | 2.4 x | 2.4 x | 2.5 x | 2.5 x | 2.2 x | 2.2 x | 2.2 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 41.4 m | 51 m | 76.7 m | 125.7 m |
Depreciation and Amortization | 94.3 m | 93.5 m | 93 m | 95.5 m |
Cash From Operating Activities | 125.8 m | 137.2 m | 162.1 m | 173.3 m |
Cash From Investing Activities | (61.3 m) | (69.1 m) | (197.1 m) | (111 m) |
Cash From Financing Activities | (61.7 m) | (66.2 m) | 29.4 m | (56.5 m) |
Income Taxes Paid | 23 k | 1.4 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 9.3 m | 31.5 m | 2.5 m | 17 m | 31.5 m | 16.3 m | 68.4 m | 101.1 m | 23.5 m |
Depreciation and Amortization | 46.7 m | 70.1 m | 23.3 m | 46.3 m | 69.6 m | 25.8 m | 49.1 m | 72.3 m | 23.2 m |
Cash From Operating Activities | 51.6 m | 95.9 m | 28 m | 74.7 m | 120.7 m | 26.8 m | 74.1 m | 127.2 m | 38.6 m |
Cash From Investing Activities | (47.9 m) | (28.7 m) | 2.1 m | (48.4 m) | (136.1 m) | (48.4 m) | (29.1 m) | (68.1 m) | (27.7 m) |
Cash From Financing Activities | (6.5 m) | (60.4 m) | (36 m) | (30.7 m) | 72.8 m | 20.8 m | (44.6 m) | (55 m) | (1.8 m) |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 604.9 k |
Financial Leverage | 2.2 x |
