First Industrial Realty Trust Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 4.09
Dividend & Yield1.28$ (2.44%)
Beta 1.01
Market capitalization 7.35B
Operating cash flow 410.94M
ESG Scores unknown

Company description

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.

Sector: Real Estate - Industry: REIT—Industrial

Financial Ratios
Quick Ratio1.63
Working Capital2.24
Return On Equity0.12
Debt To Equity0.73
Fixed Asset Ratio0.01
Fixed Interest Cover3.77

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 22.09M -2.67M 13.95M 31.31M
Total Cashflows From Investing Activities -205.39M -251.74M -416.82M -629.11M
Net Borrowings 184.75M 111.85M 14.55M 459.54M
Total Cash From Financing Activities 62.2M 58.25M 9.05M 304.5M
Change To Operating Activities
Issuance Of Stock 78.72M 78.72M 145.76M 12.82M
Net Income 238.78M 195.99M 271M 359.13M
Change In Cash 102.34M 46.94M -140.88M 86.34M
Effect Of Exchange Rate
Total Cash From Operating Activities 245.53M 240.43M 266.89M 410.94M
Depreciation 127.11M 137.76M 139.06M 152.32M
Change To Account Receivables -11.52M 3.86M -472k -4.85M
Other Cashflows From Financing Activities -954k 958k -6.42M -9.58M
Change To Netincome -134.15M -97.94M -160.06M -130.16M
Capital Expenditures

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 247.29M 202.58M 282.05M 404.98M
Net Income 238.78M 195.99M 271M 359.13M
Selling General Administrative 28.57M 32.85M 34.61M 33.97M
Gross Profit 308.92M 328.59M 344.83M 395.27M
Ebit 159.12M 166.1M 179.27M 213.88M
Operating Income 159.12M 166.1M 179.27M 213.88M
Interest Expense -53.49M -54.72M -47.53M -52.2M
Income Tax Expense 3.41M 2.41M 4.88M 23.36M
Total Revenue 425.5M 447.79M 476.13M 539.85M
Cost Of Revenue 116.58M 119.19M 131.3M 144.57M
Total Other Income ExpenseNet 88.17M 36.47M 102.78M 191.09M
Net Income From Continuing Ops 243.88M 200.17M 277.17M 381.61M
Net Income Applicable To Common Shares 238.26M 195.68M 270.7M 358.79M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 1.72B 1.84B 1.93B 2.42B
Total Stockholder Equity 1.76B 1.9B 2.19B 2.46B
Other Current Liabilities 30.57M 33.7M 37.18M 41.26M
Total Assets 3.52B 3.79B 4.18B 4.95B
Common Stock 1.27M 1.29M 1.32M 1.32M
Other Current Assets 131.6M 187.16M 151.66M 208.69M
Retained Earnings
Treasury Stock -377.72M -323.25M -182.53M 56.54M
Cash 21.12M 162.09M 58.59M 133.24M
Total Current Liabilities 142.01M 140.43M 190.27M 222.91M
Other Stockholder Equity -377.72M -323.25M -182.53M 56.54M
Property, Plant, and Equipment 3.05B 3.28B 3.8B 4.45B
Total Current Assets 238.95M 439.54M 314.08M 471.99M
Net Tangible Assets 1.74B 1.88B 2.17B 2.44B
Net Receivables 86.23M 90.28M 103.83M 130.05M
Accounts Payable 111.45M 106.29M 150.43M 178.63M


Insider Transactions

Here are the insider transactions of stock shares related to First Industrial Realty Trust Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MATTHEWS RICE JENNIFERD2023-01-03General Counsel14.44k
MUSIL SCOTT AStock Gift at price 0.00 per share.D2022-12-06Chief Financial Officer2.1k
YAP JOHANNSON LStock Gift at price 0.00 per share.D2022-08-24Chief Investment Officer4.76k
RAU JOHN EStock Award(Grant) at price 0.00 per share.D2022-05-04Director1.25k
SMITH MARCUS L.Stock Award(Grant) at price 0.00 per share.D2022-05-04Director1.25k
MUSIL SCOTT AStock Gift at price 0.00 per share.D2021-12-17Chief Financial Officer1.32k
YAP JOHANNSON LSale at price 64.12 per share.D2021-12-17Chief Investment Officer10k
YAP JOHANNSON LStock Gift at price 0.00 per share.D2021-12-16Chief Investment Officer197
SCHULTZ PETER OStock Gift at price 0.00 per share.D2021-12-14Officer650
RAU JOHN EStock Award(Grant) at price 0.00 per share.D2021-05-05Director1.45k
RAU JOHN ED2021-05-05Director1.97k
SMITH MARCUS L.Stock Award(Grant) at price 0.00 per share.D2021-05-05Director1.73k
SCHULTZ PETER OSale at price 49.82 per share.D2021-04-30Officer15k
MUSIL SCOTT AStock Gift at price 0.00 per share.D2021-04-28Chief Financial Officer425
MUSIL SCOTT ASale at price 49.24 per share.D2021-04-26Chief Financial Officer10.8k
YAP JOHANNSON LSale at price 49.26 per share.D2021-04-26Chief Investment Officer15k
HARKER DAVID GStock Gift at price 0.00 per share.D2021-03-01Officer1k
YAP JOHANNSON LStock Gift at price 0.00 per share.D2021-02-23Chief Investment Officer150
SCHULTZ PETER OStock Gift at price 0.00 per share.D2021-02-19Officer100
YAP JOHANNSON LStock Gift at price 0.00 per share.D2021-02-17Chief Investment Officer1.36k
YAP JOHANNSON LSale at price 43.34 per share.D2021-02-16Chief Investment Officer25k
YAP JOHANNSON LStock Gift at price 0.00 per share.D2021-01-05Chief Investment Officer300
MUSIL SCOTT AD2021-01-04Chief Financial Officer16.28k
YAP JOHANNSON LStock Gift at price 0.00 per share.D2021-01-04Chief Investment Officer150
YAP JOHANNSON LD2021-01-04Chief Investment Officer16.28k
SCHULTZ PETER OD2021-01-04Officer16.28k
HARKER DAVID GD2021-01-04Officer16.28k
BACCILE PETER ED2021-01-04Chief Executive Officer16.28k
YAP JOHANNSON LStock Gift at price 0.00 per share.D2020-12-01Chief Investment Officer700
MUSIL SCOTT AStock Gift at price 0.00 per share.D2020-11-25Chief Financial Officer975
YAP JOHANNSON LStock Gift at price 0.00 per share.D2020-11-23Chief Investment Officer1.3k
RAU JOHN ESale at price 42.78 per share.D2020-11-16Director43.26k
YAP JOHANNSON LSale at price 45.80 - 45.98 per share.D2020-02-20Chief Investment Officer15.9k
YAP JOHANNSON LSale at price 45.90 per share.D2020-02-20Chief Investment Officer553
HARKER DAVID GStock Gift at price 0.00 per share.D2020-02-19Officer1k
MUSIL SCOTT ASale at price 45.81 per share.D2020-02-18Chief Financial Officer13.97k
MUSIL SCOTT AD2020-01-02Chief Financial Officer18k
YAP JOHANNSON LD2020-01-02Chief Investment Officer18k
SCHULTZ PETER OD2020-01-02Officer18k
HARKER DAVID GD2020-01-02Officer18k
BACCILE PETER ED2020-01-02Chief Executive Officer18k
SCHULTZ PETER OSale at price 42.03 per share.D2019-11-14Officer12k
RAU JOHN EStock Award(Grant) at price 0.00 per share.D2019-05-08Director2.05k
SHARPE LEONARD PETERStock Award(Grant) at price 0.00 per share.D2019-05-08Director2.05k
DUNCAN BRUCE WStock Gift at price 0.00 per share.D2019-03-12Director40k
SCHULTZ PETER OSale at price 34.11 per share.D2019-03-05Officer15k
YAP JOHANNSON LSale at price 34.02 per share.D2019-03-04Chief Investment Officer15k
HARKER DAVID GStock Gift at price 0.00 per share.D2019-02-28Officer1k
YAP JOHANNSON LSale at price 34.25 per share.D2019-02-25Officer15k
MUSIL SCOTT ASale at price 33.80 - 34.00 per share.D2019-02-21Chief Financial Officer13k
DUNCAN BRUCE WD2019-01-02Director23.91k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to First Industrial Realty Trust Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on First Industrial Realty Trust Inc

Here is the result of two systematic investment strategies applied to First Industrial Realty Trust Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on First Industrial Realty Trust Inc

The following chart shows the equity curve of the two systematic investment strategies applied to First Industrial Realty Trust Inc:

First Industrial Realty Trust Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 36.91% on the backtest period.

Performance at glance

Performance

36.91 %

Latent gain

845.39 $

Invested capital

2290.46 $

Annualized return

8.92 %
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Momentum strategy results on First Industrial Realty Trust Inc

This is the result of two momentum investment strategies applied to First Industrial Realty Trust Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on First Industrial Realty Trust Inc

The following chart shows all the entries opened by the momentum investment system on First Industrial Realty Trust Inc:

First Industrial Realty Trust Inc momentum entries
  • The first momentum investment strategy would give 51.24% of return on First Industrial Realty Trust Inc. That represents 2178.77$ of latent gain with 4252.38$ of employed capital.
  • The second momentum investment strategy would give 50.54% of return on First Industrial Realty Trust Inc. That represents 1391.89$ of latent gain with 2753.81$ of employed capital.
Performance at glance (1Q Momentum)

Performance

51.24 %

Latent gain

2178.77 $

Invested capital

4252.38 $

Annualized return

14.14 %
Performance at glance (2Q Momentum)

Performance

50.54 %

Latent gain

1391.89 $

Invested capital

2753.81 $

Annualized return

13.81 %

Momentum equity curve on First Industrial Realty Trust Inc

The following chart shows the equity curve of the two momentum strategies applied to First Industrial Realty Trust Inc:

First Industrial Realty Trust Inc momentum equity

Note: the dividends potentially given by First Industrial Realty Trust Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on First Industrial Realty Trust Inc

The following chart shows the employed capital evolution of the two momentum strategies on First Industrial Realty Trust Inc since the beginning:

First Industrial Realty Trust Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on First Industrial Realty Trust Inc

Buy the dip entry openings on First Industrial Realty Trust Inc

First Industrial Realty Trust Inc

The performance achieved by the robo-advisor on First Industrial Realty Trust Inc is 30.27%. That represents 74.1$ of latent gain with 244.8$ of employed capital. The following chart shows First Industrial Realty Trust Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of First Industrial Realty Trust Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

30.27 %

Latent gain

74.1 $

Invested capital

244.8 $

Annualized return

14.14 %

Equity curve of the strategy applied to First Industrial Realty Trust Inc

The following chart shows the result of the investment strategy applied to First Industrial Realty Trust Inc:

First Industrial Realty Trust Inc

Note: the dividends potentially given by First Industrial Realty Trust Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on First Industrial Realty Trust Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on First Industrial Realty Trust Inc:

First Industrial Realty Trust Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on First Industrial Realty Trust Inc

In this section, I will compare the three previous investment strategies applied to First Industrial Realty Trust Inc.

Equity curve comparison on First Industrial Realty Trust Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

First Industrial Realty Trust Inc investment strategy comparison

Employed capital comparison on First Industrial Realty Trust Inc

First Industrial Realty Trust Inc investment comparison

Performance comparison on First Industrial Realty Trust Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 36.91% 845.39$ 2290.46$ 8.92%
Momentum 1 quarter 51.24% 2178.77$ 4252.38$ 13.14%
Momentum 2 quarters 50.54% 1391.89$ 2753.81$ 13.81%
Non-directional 30.27% 74.1$ 244.8$ 14.14%
Annualized return comparison

Automatic investment

8.92 %

Momentum 1Q

13.81 %

Momentum 2Q

13.81 %

Non-directional

14.14 %

Correlated stocks

Here are the most positively and negatively correlated stocks with First Industrial Realty Trust Inc:

Note: The algorithm computes the probability of correlation between First Industrial Realty Trust Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of First Industrial Realty Trust Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name First Industrial Realty Trust Inc
Country United States
City Chicago
Address One North Wacker Drive
Phone (312) 344-4300
Website www.firstindustrial.com
FullTime employees 157
Industry REIT—Industrial
Sector Real Estate
Exchange XNYS
Ticker FR
Market www.nyse.com

First Industrial Realty Trust Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown