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FR (First Industrial Realty Trust) Cyclically Adjusted Revenue per Share : $4.48 (As of Mar. 2025)


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What is First Industrial Realty Trust Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

First Industrial Realty Trust's adjusted revenue per share for the three months ended in Mar. 2025 was $1.336. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $4.48 for the trailing ten years ended in Mar. 2025.

During the past 12 months, First Industrial Realty Trust's average Cyclically Adjusted Revenue Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -4.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of First Industrial Realty Trust was 5.40% per year. The lowest was -12.80% per year. And the median was -4.00% per year.

As of today (2025-05-09), First Industrial Realty Trust's current stock price is $49.41. First Industrial Realty Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $4.48. First Industrial Realty Trust's Cyclically Adjusted PS Ratio of today is 11.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Industrial Realty Trust was 17.61. The lowest was 2.92. And the median was 10.70.


First Industrial Realty Trust Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for First Industrial Realty Trust's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Industrial Realty Trust Cyclically Adjusted Revenue per Share Chart

First Industrial Realty Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 3.76 3.98 4.19 4.40

First Industrial Realty Trust Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.29 4.34 4.37 4.40 4.48

Competitive Comparison of First Industrial Realty Trust's Cyclically Adjusted Revenue per Share

For the REIT - Industrial subindustry, First Industrial Realty Trust's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Industrial Realty Trust's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, First Industrial Realty Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where First Industrial Realty Trust's Cyclically Adjusted PS Ratio falls into.


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First Industrial Realty Trust Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, First Industrial Realty Trust's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.336/134.9266*134.9266
=1.336

Current CPI (Mar. 2025) = 134.9266.

First Industrial Realty Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.818 100.684 1.096
201509 0.831 100.392 1.117
201512 0.840 99.792 1.136
201603 0.842 100.470 1.131
201606 0.798 101.688 1.059
201609 0.801 101.861 1.061
201612 0.837 101.863 1.109
201703 0.830 102.862 1.089
201706 0.828 103.349 1.081
201709 0.828 104.136 1.073
201712 0.850 104.011 1.103
201803 0.830 105.290 1.064
201806 0.797 106.317 1.011
201809 0.795 106.507 1.007
201812 0.832 105.998 1.059
201903 0.827 107.251 1.040
201906 0.823 108.070 1.028
201909 0.841 108.329 1.047
201912 0.872 108.420 1.085
202003 0.868 108.902 1.075
202006 0.858 108.767 1.064
202009 0.907 109.815 1.114
202012 0.870 109.897 1.068
202103 0.900 111.754 1.087
202106 0.909 114.631 1.070
202109 0.933 115.734 1.088
202112 0.928 117.630 1.064
202203 0.952 121.301 1.059
202206 0.984 125.017 1.062
202209 1.057 125.227 1.139
202212 1.094 125.222 1.179
202303 1.129 127.348 1.196
202306 1.150 128.729 1.205
202309 1.172 129.860 1.218
202312 1.188 129.419 1.239
202403 1.226 131.776 1.255
202406 1.240 132.554 1.262
202409 1.266 133.029 1.284
202412 1.326 133.157 1.344
202503 1.336 134.927 1.336

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


First Industrial Realty Trust  (NYSE:FR) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

First Industrial Realty Trust's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=49.41/4.48
=11.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of First Industrial Realty Trust was 17.61. The lowest was 2.92. And the median was 10.70.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


First Industrial Realty Trust Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of First Industrial Realty Trust's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


First Industrial Realty Trust Business Description

Industry
Traded in Other Exchanges
N/A
Address
One North Wacker Drive, Suite 4200, Chicago, IL, USA, 60606
First Industrial Realty Trust Inc is a real estate investment trust that owns, manages, acquires, sells, develops, and redevelops industrial real estate. Through its fully integrated operating and investing platform, the company provides facilities and customer service to multinational corporations and regional firms that are essential for their supply chains. The company serves a diverse tenant base across various sectors, including e-commerce, logistics, transportation, manufacturing, retail, consumer services, food and beverage, building materials, wholesale goods, health services, and government.
Executives
Scott A Musil officer: Sen VP, Treas, Controller ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Johannson L Yap officer: Chief Investment Officer ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Rice Jennifer Matthews officer: General Counsel 555 EAST LANCASTER AVE, SUITE 100, RADNOR PA 19087
Peter Schultz officer: SVP - Portfolio Management ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Marcus L. Smith director 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
John Rau director MIAMI CORPORATION, 410 N. MICHIGAN AVENUE, ROOM 590, CHICAGO IL 60611
Teresa Bryce Bazemore director CHIMERA INVESTMENT CORPORATION, 520 MADISON AVE, 32ND FL, NEW YORK NY 10022
Bruce W Duncan director, officer: PRESIDENT AND CEO ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Hackett H Patrick Jr director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Denise Olsen director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
David Harker officer: Exec. Director - Investments ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Peter E. Baccile director, officer: President 311 SOUTH WACKER DR., SUITE 3900, CHICAGO IL 60605
Matthew Dominski director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Leonard Peter Sharpe director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Jay H Shidler director THE SHIDLER GROUP, 810 RICHARDS STREET SUITE 1000, HONOLULU HI 96813