FR (First Industrial Realty Trust) Revenue: $744.8 Mil (TTM As of Mar. 2026)


FR First Industrial Realty Trust Inc FR
88 GF Score
Price $62.40
GF Value $62.08
Valuation Fairly Valued
! 8 Warning Signs
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What is First Industrial Realty Trust Revenue?

First Industrial Realty Trust FR +1.28% 88 Revenue is $744.8 Mil as of Mar. 2026. GuruFocus rates FR with a GF Score™ of 88/100 and a GF Value™ of $62.08 (Fairly Valued). The stock has 8 warning signs investors should review.

First Industrial Realty Trust's revenue for the three months ended in Mar. 2026 was $194.8 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $744.8 Mil. First Industrial Realty Trust's Revenue per Share for the three months ended in Mar. 2026 was $1.47. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $5.62.

Good Sign:

First Industrial Realty Trust Inc has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of First Industrial Realty Trust was 8.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.40% 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 other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, First Industrial Realty Trust's highest 3-Year average Revenue per Share Growth Rate was 42.30% per year. The lowest was -28.50% per year. And the median was 2.00% per year.


First Industrial Realty Trust  (NYSE:FR) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


First Industrial Realty Trust Revenue Related Terms


First Industrial Realty Trust Revenue Historical Data

* Premium members only.

The historical data trend for First Industrial Realty Trust's Revenue 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.

First Industrial Realty Trust Revenue Chart

First Industrial Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 476.29 539.93 614.03 669.64 727.08

First Industrial Realty Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue 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 177.07 180.16 181.43 188.41 194.83

FR vs REXR, STAG, CUBE: Revenue Comparison

For the REIT - Industrial subindustry, First Industrial Realty Trust's Revenue, along with its competitors' market caps and Revenue 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 Revenue vs REITs Industry

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

* The bar in red indicates where First Industrial Realty Trust's Revenue falls into.


FR
88GF Score
First Industrial Realty Trust Inc FR
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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First Industrial Realty Trust Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $744.8 Mil.

* 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.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of $744.8 Mil mean?
First Industrial Realty Trust (FR) has a Revenue of $744.8 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on First Industrial Realty Trust and its competitors.
Is First Industrial Realty Trust's Revenue too high?
First Industrial Realty Trust's current Revenue is $744.8 Mil. Overall, First Industrial Realty Trust has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Industrial Realty Trust's Revenue compare to REXR and STAG?
First Industrial Realty Trust's Revenue of $744.8 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for a REITs company?
A good Revenue depends on the REITs industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on First Industrial Realty Trust and its competitors. First Industrial Realty Trust's current Revenue is $744.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Industrial Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, First Industrial Realty Trust (FR) is currently considered Fairly Valued. The stock's GF Value™ is $62.08, compared to a current price of $62.40 — trading 0.5% above its estimated fair value. The current Revenue is $744.8 Mil. First Industrial Realty Trust's overall GF Score™ is 88/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For First Industrial Realty Trust (FR), the current Revenue is $744.8 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Industrial Realty Trust (FR) Overvalued in 2026?

Based on GuruFocus' analysis, First Industrial Realty Trust stock appears to be overvalued. The current stock price of $62.40 is trading 0.5% above its estimated GF Value™ of $62.08. GuruFocus considers First Industrial Realty Trust to be Fairly Valued.

Key valuation signals for FR:

  • Revenue: $744.8 Mil
  • GF Value™: $62.08 vs. price of $62.40 (0.5% above fair value)
  • GF Score™: 88/100 with 8 warning signs

No single metric tells the full story. See the FR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Industrial Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges F5W:Germany
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.
88GF Score

Get the complete analysis for FR

Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$62.40
Price
$62.08
GF Value