FRFIRST INDUSTRIAL REALTY TRUST INC
Real Estate Investment Trusts
- Revenue
- $727M
- 8.6% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $1.4B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear186% of net incomeCash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear50% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $476M | $540M | $614M | $670M | $727M | 8.6% |
| Net income | $271M | $359M | $275M | $288M | $247M | 14% |
| Operating cash flow | $267M | $411M | $305M | $352M | $461M | 31% |
| Stock-based comp | $14M | $16M | $17M | $20M | $20M | 1.1% |
| Dividends | $140M | $155M | $169M | $193M | $231M | 20% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.