First Historical Income Statement

FR Stock  USD 46.00  0.04  0.09%   
Historical analysis of First Industrial income statement accounts such as Selling General Administrative of 33.2 M can show how well First Industrial Realty performed in making a profits. Evaluating First Industrial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Industrial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining First Industrial Realty latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Industrial Realty is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Industrial Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About First Income Statement Analysis

First Industrial Realty Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Industrial shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Industrial Income Statement Chart

First Industrial Realty Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Industrial Realty revenue and expense. First Industrial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, First Industrial's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 04/28/2024, Non Recurring is likely to grow to about 3.3 M, while Selling General Administrative is likely to drop slightly above 33.2 M.

Total Revenue

Total revenue comprises all receipts First Industrial Realty generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Industrial Realty minus its cost of goods sold. It is profit before First Industrial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from First Industrial Realty operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of First Industrial Realty is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from First Industrial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Industrial Realty current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Industrial Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, First Industrial's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 04/28/2024, Non Recurring is likely to grow to about 3.3 M, while Selling General Administrative is likely to drop slightly above 33.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit345.0M396.3M448.4M305.9M
Total Revenue476.3M539.9M614.0M396.4M

First Industrial income statement Correlations

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0.33-0.020.390.440.450.380.350.40.440.340.45-0.280.390.36-0.01-0.180.420.450.430.19-0.31-0.070.3
0.61-0.20.760.810.860.630.710.830.880.60.93-0.10.930.830.15-0.590.420.690.850.75-0.770.220.72
0.680.130.830.760.770.740.550.630.690.750.72-0.530.630.63-0.34-0.420.450.690.80.33-0.620.040.4
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0.43-0.10.480.580.630.430.560.660.650.420.610.220.630.40.31-0.820.190.750.330.62-0.310.090.78
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-0.02-0.41-0.010.02-0.01-0.05-0.44-0.280.07-0.170.0-0.010.060.0-0.080.15-0.070.220.04-0.230.09-0.12-0.28
0.510.030.60.690.750.540.830.850.760.550.720.120.710.520.42-0.810.30.720.40.730.78-0.42-0.28
Click cells to compare fundamentals

First Industrial Account Relationship Matchups

First Industrial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization121.2M129.6M131.0M147.4M164.5M118.8M
Interest Expense50.3M51.3M44.1M49.0M74.3M78.1M
Selling General Administrative28.6M32.8M34.6M34.0M37.1M33.2M
Total Revenue426.0M448.0M476.3M539.9M614.0M396.4M
Gross Profit309.4M328.8M345.0M396.3M448.4M305.9M
Other Operating Expenses266.4M281.7M296.9M326.0M369.4M281.2M
Operating Income156.4M162.9M176.0M210.8M315.6M331.4M
Ebit156.4M162.9M176.0M210.8M241.0M253.1M
Ebitda277.6M292.6M307.0M358.2M405.5M233.2M
Total Operating Expenses149.8M162.5M165.6M182.3M203.7M203.9M
Net Income238.8M196.0M271.0M266.7M274.8M288.6M
Income Tax Expense3.4M2.4M4.9M23.4M8.7M5.4M
Income Before Tax231.1M198.4M282.2M290.0M262.3M275.4M
Total Other Income Expense Net74.7M35.5M106.2M79.3M95.7M100.4M
Cost Of Revenue116.6M119.2M131.3M143.7M165.7M109.9M
Net Income Applicable To Common Shares238.8M196.0M270.7M358.8M412.6M433.2M
Minority Interest5.1M4.2M(6.2M)(22.5M)(11.0M)(10.5M)
Net Income From Continuing Ops227.6M196.0M277.2M381.6M285.8M162.6M
Non Operating Income Net Other138.0M36.2M102.6M191.0M219.7M230.6M
Tax Provision3.4M2.4M4.9M23.4M8.7M5.5M
Interest Income37.3M50.5M47.7M62.7M56.5M45.6M
Net Interest Income(53.5M)(54.7M)(47.5M)(52.2M)(78.0M)(81.9M)
Reconciled Depreciation98.3M102.5M131.0M147.4M164.5M130.8M

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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Industrial Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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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
0.231
Dividend Share
1.33
Earnings Share
2.17
Revenue Per Share
4.72
Quarterly Revenue Growth
0.04
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.