First Financial Statements From 2010 to 2024

FR Stock  USD 46.07  2.53  5.21%   
First Industrial financial statements provide useful quarterly and yearly information to potential First Industrial Realty investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on First Industrial financial statements helps investors assess First Industrial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting First Industrial's valuation are summarized below:
Gross Profit
395.3 M
Profit Margin
0.4553
Market Capitalization
6.3 B
Enterprise Value Revenue
14.622
Revenue
631 M
There are over one hundred nineteen available fundamental signals for First Industrial Realty, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to verify First Industrial's prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 04/19/2024, Market Cap is likely to grow to about 8.1 B. Also, Enterprise Value is likely to grow to about 9.6 B

First Industrial Total Revenue

396.35 Million

Check First Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First main balance sheet or income statement drivers, such as Depreciation And Amortization of 118.8 M, Interest Expense of 59.2 M or Selling General Administrative of 33.2 M, as well as many exotic indicators such as Price To Sales Ratio of 11.91, Dividend Yield of 0.0231 or PTB Ratio of 1.37. First financial statements analysis is a perfect complement when working with First Industrial Valuation or Volatility modules.
  
This module can also supplement First Industrial's financial leverage analysis and stock options assessment as well as various First Industrial Technical models . Check out the analysis of First Industrial Correlation against competitors.

First Industrial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.1 B5.2 B3.2 B
Slightly volatile
Short and Long Term Debt Total1.5 B2.2 B1.4 B
Slightly volatile
Total Stockholder Equity1.3 B2.6 B1.5 B
Slightly volatile
Property Plant And Equipment Net23 M24.2 M224.4 M
Slightly volatile
Net Debt1.5 B2.2 B1.4 B
Slightly volatile
Other Assets5.6 B5.3 B1.4 B
Slightly volatile
Common Stock Shares Outstanding79.2 M132.3 M107 M
Slightly volatile
Liabilities And Stockholders Equity3.1 B5.2 B3.2 B
Slightly volatile
Non Current Liabilities Total1.6 B2.1 B1.4 B
Slightly volatile
Other Stockholder Equity1.7 B2.4 B1.9 B
Slightly volatile
Total Liabilities1.8 B2.5 B1.6 B
Slightly volatile
Property Plant And Equipment Gross23 M24.2 M224.4 M
Slightly volatile
Total Current Liabilities283.1 M486.6 M236.8 M
Slightly volatile
Accounts Payable133.5 M143.4 M127.3 M
Very volatile
Cash34.1 M43.8 M38.1 M
Slightly volatile
Non Current Assets Total2.7 B4.8 B2.9 B
Slightly volatile
Cash And Short Term Investments34.1 M43.8 M38.1 M
Slightly volatile
Net Receivables162.8 M155 M81.5 M
Slightly volatile
Common Stock Total Equity855.3 K1.5 M1.1 M
Slightly volatile
Total Current Assets422.3 M402.1 M251.4 M
Slightly volatile
Common Stock876.7 K1.3 M1.1 M
Slightly volatile
Other Liabilities75 M103.8 M74.6 M
Pretty Stable
Long Term Debt1.7 B1.9 B1.4 B
Slightly volatile
Intangible Assets35.5 M21.7 M32.8 M
Slightly volatile
Net Tangible Assets1.6 B2.8 B1.5 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity109.9 M64 M124.6 M
Pretty Stable
Long Term Debt Total1.5 B2.2 B1.4 B
Slightly volatile
Capital Surpluse2.3 B2.8 B2.1 B
Slightly volatile
Long Term Investments29.2 M44.7 M29.2 M
Pretty Stable
Non Current Liabilities Other22.3 M43 M21.3 M
Slightly volatile
Short and Long Term Debt284.1 M299 M801.9 M
Slightly volatile
Cash And Equivalents160.9 M153.2 M54.8 M
Slightly volatile
Net Invested CapitalB4.8 B3.2 B
Slightly volatile
Capital Stock1.4 M1.3 M1.3 M
Slightly volatile
Capital Lease Obligations17.9 M22 M22.1 M
Slightly volatile

First Industrial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization118.8 M164.5 M118.2 M
Slightly volatile
Selling General Administrative33.2 M37.1 M26.8 M
Slightly volatile
Total Revenue396.4 M614 M387.3 M
Slightly volatile
Gross Profit305.9 M448.4 M276.6 M
Slightly volatile
Other Operating Expenses287.4 M369.4 M257.7 M
Slightly volatile
Operating Income331.4 M315.6 M146.2 M
Slightly volatile
EBIT253.1 M241 M140.6 M
Slightly volatile
EBITDA233.2 M405.5 M249.6 M
Slightly volatile
Cost Of Revenue109.9 M165.7 M125 M
Very volatile
Discontinued Operations27.6 M32 M27 M
Slightly volatile
Preferred Stock And Other Adjustments2.1 M2.2 M6.7 M
Slightly volatile
Interest Income45.6 M56.5 M64.6 M
Slightly volatile
Reconciled Depreciation130.8 M164.5 M108.1 M
Slightly volatile

First Industrial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow152.4 M145.1 M59 M
Slightly volatile
Depreciation123.5 M164.5 M124.2 M
Slightly volatile
Capital Expenditures285.3 M480.6 M256 M
Slightly volatile
Total Cash From Operating Activities159.9 M304.8 M191.8 M
Slightly volatile
End Period Cash Flow42.4 M43.8 M54.6 M
Slightly volatile
Stock Based Compensation22.9 M16.7 M28.2 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio11.9111.34539.1594
Slightly volatile
Dividend Yield0.02310.02430.0229
Pretty Stable
PTB Ratio1.372.71812.1848
Slightly volatile
Days Sales Outstanding96.7692.153168.0727
Slightly volatile
Book Value Per Share20.4219.377714.1527
Slightly volatile
Invested Capital1.340.87641.0541
Slightly volatile
Operating Cash Flow Per Share2.442.30461.7544
Slightly volatile
Stock Based Compensation To Revenue0.02580.02720.0661
Slightly volatile
PB Ratio1.372.71812.1848
Slightly volatile
EV To Sales7.7814.932212.4831
Slightly volatile
ROIC0.06660.06340.0454
Slightly volatile
Inventory Turnover9.8113.919.582
Slightly volatile
Days Of Inventory On Hand25.7927.1572.5264
Pretty Stable
Payables Turnover1.351.1551.1571
Very volatile
Sales General And Administrative To Revenue0.06220.06050.0655
Pretty Stable
Average Inventory7.4 MM2.5 M
Slightly volatile
Research And Ddevelopement To Revenue0.00310.0060.0021
Slightly volatile
Cash Per Share0.340.33150.3272
Slightly volatile
POCF Ratio12.122.854517.4579
Slightly volatile
Days Payables Outstanding416316365
Pretty Stable
EV To Operating Cash Flow21.4230.080125.9757
Pretty Stable
Intangibles To Total Assets0.00530.00560.0103
Slightly volatile
Net Debt To EBITDA4.985.43125.5813
Slightly volatile
Current Ratio0.50.82641.0084
Slightly volatile
Tangible Book Value Per Share22.0619.923114.3852
Slightly volatile
Receivables Turnover3.763.960811.883
Slightly volatile
Graham Number28.2530.098418.2169
Slightly volatile
Shareholders Equity Per Share20.4219.377714.1527
Slightly volatile
Debt To Equity1.340.87641.0541
Slightly volatile
Revenue Per Share6.754.64243.6995
Slightly volatile
Interest Debt Per Share25.1717.545414.9704
Pretty Stable
Debt To Assets0.380.4340.4626
Slightly volatile
Enterprise Value Over EBITDA12.6822.609918.6254
Slightly volatile
Short Term Coverage Ratios1.31.01941.5717
Pretty Stable
Operating Cycle80.6592.1531133
Slightly volatile
Price Book Value Ratio1.372.71812.1848
Slightly volatile
Days Of Payables Outstanding416316365
Pretty Stable
Price To Operating Cash Flows Ratio12.122.854517.4579
Slightly volatile
Operating Profit Margin0.40.5140.4027
Pretty Stable
Company Equity Multiplier2.792.01942.225
Slightly volatile
Long Term Debt To Capitalization0.570.43170.4875
Slightly volatile
Total Debt To Capitalization0.420.46710.4973
Slightly volatile
Return On Capital Employed0.05040.06730.0467
Very volatile
Debt Equity Ratio1.340.87641.0541
Slightly volatile
Ebit Per Revenue0.40.5140.4027
Pretty Stable
Quick Ratio0.30.40870.506
Slightly volatile
Net Income Per E B T1.11.04761.4639
Pretty Stable
Cash Ratio0.140.09010.1868
Slightly volatile
Operating Cash Flow Sales Ratio0.320.49640.4759
Slightly volatile
Days Of Inventory Outstanding25.7927.1572.5264
Pretty Stable
Days Of Sales Outstanding96.7692.153168.0727
Slightly volatile
Cash Flow Coverage Ratios0.130.13570.1271
Slightly volatile
Price To Book Ratio1.372.71812.1848
Slightly volatile
Fixed Asset Turnover26.6325.361516.5357
Slightly volatile
Price Cash Flow Ratio12.122.854517.4579
Slightly volatile
Enterprise Value Multiple12.6822.609918.6254
Slightly volatile
Debt Ratio0.380.4340.4626
Slightly volatile
Cash Flow To Debt Ratio0.130.13570.1271
Slightly volatile
Price Sales Ratio11.9111.34539.1594
Slightly volatile
Asset Turnover0.140.11860.1217
Pretty Stable
Gross Profit Margin0.560.73020.7031
Pretty Stable
Price Fair Value1.372.71812.1848
Slightly volatile

First Industrial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap8.1 B7.7 B6.6 B
Slightly volatile
Enterprise Value9.6 B9.1 BB
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings37.8788
Cash And Short Term Investments43.8 M

First Upcoming Events

7th of February 2024
Upcoming Quarterly Report
View
17th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About First Industrial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include First Industrial income statement, its balance sheet, and the statement of cash flows. First Industrial investors use historical funamental indicators, such as First Industrial's revenue or net income, to determine how well the company is positioned to perform in the future. Although First Industrial investors may use each financial statement separately, they are all related. The changes in First Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Industrial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Industrial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Industrial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-235.7 M-247.5 M
Total Revenue614 M396.4 M
Cost Of Revenue165.7 M109.9 M
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.06  0.06 
Research And Ddevelopement To Revenue 0.01  0 
Capex To Revenue(0.78)(0.82)
Revenue Per Share 4.64  6.75 
Ebit Per Revenue 0.51  0.40 

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When determining whether First Industrial Realty is a strong investment it is important to analyze First Industrial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Industrial's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out the analysis of First Industrial Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is First Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Industrial. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.229
Dividend Share
1.33
Earnings Share
2.07
Revenue Per Share
4.786
Quarterly Revenue Growth
0.086
The market value of First Industrial Realty is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Industrial's value that differs from its market value or its book value, called intrinsic value, which is First Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Industrial's market value can be influenced by many factors that don't directly affect First Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.