FR (First Industrial Realty Trust) Shares Buyback Ratio %: -0.13 (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FR First Industrial Realty Trust Inc FR
91 GF Score
Price $62.93
GF Value $62.63
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is First Industrial Realty Trust Shares Buyback Ratio %?

First Industrial Realty Trust FR +0.50% 91 Shares Buyback Ratio % is -0.13 as of Aug. 23, 2026. GuruFocus rates FR with a GF Score™ of 91/100 and a GF Value™ of $62.63 (Fairly Valued). The stock has 8 warning signs investors should review.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

GuruFocus calculates shares buyback ratio using previous shares outstanding minus the current shares outstanding, and then divides by previous shares outstanding. First Industrial Realty Trust's current shares buyback ratio was -0.13%.

First Industrial Realty Trust Shares Buyback Ratio % Related Terms

First Industrial Realty Trust Shares Buyback Ratio % Historical Data

* Premium members only.

The historical data trend for First Industrial Realty Trust's Shares Buyback Ratio % 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 Shares Buyback Ratio % Chart

First Industrial Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Buyback Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.09 -0.30 -0.11 -0.05 -0.09

First Industrial Realty Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shares Buyback Ratio % 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 -0.01 -0.01 -0.04 -0.08 0.00
FR
91GF Score
First Industrial Realty Trust Inc FR
Shares Buyback Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Industrial Realty Trust Shares Buyback Ratio % Calculation

First Industrial Realty Trust's Shares Buyback Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Dec. 2024 ) - Shares Outstanding (EOP) (A: Dec. 2025 )) / Shares Outstanding (EOP) (A: Dec. 2024 )
=(132.349 - 132.470) / 132.349
=-0.09%

First Industrial Realty Trust's Shares Buyback Ratio for the quarter that ended in Jun. 2026 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Mar. 2026 ) - Shares Outstanding (EOP) (A: Jun. 2026 )) / Shares Outstanding (EOP) (A: Mar. 2026 )
=(132.570 - 132.573) / 132.570
=-0.00%

* 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 Shares Buyback Ratio % →
What does a Shares Buyback Ratio % of -0.13 mean?
First Industrial Realty Trust (FR) has a Shares Buyback Ratio % of -0.13 as of Aug. 23, 2026. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on First Industrial Realty Trust and its competitors.
Is First Industrial Realty Trust's Shares Buyback Ratio % too high?
First Industrial Realty Trust's current Shares Buyback Ratio % is -0.13. Overall, First Industrial Realty Trust has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Industrial Realty Trust's Shares Buyback Ratio % compare to REXR and LINE?
First Industrial Realty Trust's Shares Buyback Ratio % of -0.13 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 Shares Buyback Ratio % for a REITs company?
A good Shares Buyback Ratio % depends on the REITs industry context. However, Shares Buyback Ratio % 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 Shares Buyback Ratio % mean?
A high Shares Buyback Ratio % can signal that a stock is expensive relative to its fundamentals. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on First Industrial Realty Trust and its competitors. First Industrial Realty Trust's current Shares Buyback Ratio % is -0.13. 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 $62.63, compared to a current price of $62.93 — trading 0.5% above its estimated fair value. The current Shares Buyback Ratio % is -0.13. First Industrial Realty Trust's overall GF Score™ is 91/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Buyback Ratio % calculated?
Shares Buyback Ratio % is calculated from a company's financial statements. For First Industrial Realty Trust (FR), the current Shares Buyback Ratio % is -0.13 as of Aug. 23, 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 $62.93 is trading 0.5% above its estimated GF Value™ of $62.63. GuruFocus considers First Industrial Realty Trust to be Fairly Valued.

Key valuation signals for FR:

  • Shares Buyback Ratio %: -0.13
  • GF Value™: $62.63 vs. price of $62.93 (0.5% above fair value)
  • GF Score™: 91/100 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.
91GF Score

Get the complete analysis for FR

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

$62.93
Price
$62.63
GF Value