FR (First Industrial Realty Trust) Total Liabilities: $2,921.1 Mil (As of Mar. 2026)


FR First Industrial Realty Trust Inc FR
88 GF Score
Price $63.58
GF Value $61.94
Valuation Fairly Valued
! 8 Warning Signs
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What is First Industrial Realty Trust Total Liabilities?

First Industrial Realty Trust FR +0.70% 88 Total Liabilities is $2,921.1 Mil as of Mar. 2026. GuruFocus rates FR with a GF Score™ of 88/100 and a GF Value™ of $61.94 (Fairly Valued). The stock has 8 warning signs investors should review.

First Industrial Realty Trust's Total Liabilities for the quarter that ended in Mar. 2026 was $2,921.1 Mil.

First Industrial Realty Trust's quarterly Total Liabilities increased from Sep. 2025 ($2,766.76 Mil) to Dec. 2025 ($2,929.15 Mil) but then declined from Dec. 2025 ($2,929.15 Mil) to Mar. 2026 ($2,921.07 Mil).

First Industrial Realty Trust's annual Total Liabilities declined from Dec. 2023 ($2,540.66 Mil) to Dec. 2024 ($2,515.40 Mil) but then increased from Dec. 2024 ($2,515.40 Mil) to Dec. 2025 ($2,929.15 Mil).


First Industrial Realty Trust Total Liabilities Historical Data

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The historical data trend for First Industrial Realty Trust's Total Liabilities 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 Total Liabilities Chart

First Industrial Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,930.73 2,424.02 2,540.66 2,515.40 2,929.15

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
Total Liabilities 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 2,704.83 2,717.72 2,766.76 2,929.15 2,921.07
FR
88GF Score
First Industrial Realty Trust Inc FR
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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First Industrial Realty Trust Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

First Industrial Realty Trust's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=539.305+(2389.846+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=2,929.2

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=5688.081-2758.93
=2,929.2

First Industrial Realty Trust's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=336.706+(2584.365+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=2,921.1

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=5772.37-2851.299
=2,921.1

* 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 Total Liabilities →
What does a Total Liabilities of $2,921.1 Mil mean?
First Industrial Realty Trust (FR) has a Total Liabilities of $2,921.1 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for First Industrial Realty Trust and its competitors.
Is First Industrial Realty Trust's Total Liabilities too high?
First Industrial Realty Trust's current Total Liabilities is $2,921.1 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 Total Liabilities compare to REXR and CUBE?
First Industrial Realty Trust's Total Liabilities of $2,921.1 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 Total Liabilities for a REITs company?
A good Total Liabilities depends on the REITs industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for First Industrial Realty Trust and its competitors. First Industrial Realty Trust's current Total Liabilities is $2,921.1 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 $61.94, compared to a current price of $63.58 — trading 2.6% above its estimated fair value. The current Total Liabilities is $2,921.1 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 Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For First Industrial Realty Trust (FR), the current Total Liabilities is $2,921.1 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 $63.58 is trading 2.6% above its estimated GF Value™ of $61.94. GuruFocus considers First Industrial Realty Trust to be Fairly Valued.

Key valuation signals for FR:

  • Total Liabilities: $2,921.1 Mil
  • GF Value™: $61.94 vs. price of $63.58 (2.6% 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

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

$63.58
Price
$61.94
GF Value