FR · CIK 0000921825 · operating
First Industrial Realty Trust is a self-administered real estate investment trust that owns and operates industrial logistics properties across the United States. The company generates revenue primarily through long-term leases with multinational corporations and regional enterprises that rely on the properties for supply chain distribution and warehousing operations. In addition to its existing portfolio, First Industrial develops and acquires logistics facilities, positioning itself as both a landlord and active participant in industrial real estate transactions.
As of December 31, 2025, the company owns and has under development approximately 71.6 million square feet of industrial space concentrated across 15 target metropolitan statistical areas. The portfolio focuses on logistics hubs and supply chain nodes, reflecting demand from companies requiring strategic property locations for distribution networks. With a small operational team of 151 full-time employees, the company manages a substantial asset base through a fully integrated platform that handles property operations, customer service, and capital deployment decisions.
First Industrial is incorporated in Maryland and headquartered in Chicago, Illinois, with its shares listed on the New York Stock Exchange. The company maintains a dividend distribution program, reflecting the typical capital return structure of industrial REITs. Its geographically concentrated portfolio approach targets high-demand logistics markets rather than pursuing national diversification.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $1.87 | $1.87 | -13.8% | |
| 2024 | $2.17 | $2.17 | +4.8% | |
| 2023 | $2.07 | $2.08 | -23.9% | |
| 2022 | $2.72 | $2.72 | +30.1% | |
| 2021 | $2.09 | $2.09 | +36.6% | |
| 2020 | $1.53 | $0.65 | +101.3% | |
| 2019 | $0.76 | $0.76 | +90.0% | |
| 2018 | $0.40 | $0.40 | -50.6% | |
| 2017 | $0.81 | $0.82 | +305.0% | |
| 2016 | $0.20 | $0.20 | -48.7% | |
| 2015 | $0.39 | $0.39 | — | |
| 2014 | — | — | — | |
| 2013 | — | — | — | |
| 2012 | — | — | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-11 | 0000921825-26-000012 | SEC ↗ |
| 2024-12-31 | 2025-02-14 | 0000921825-25-000019 | SEC ↗ |
| 2023-12-31 | 2024-02-14 | 0000921825-24-000018 | SEC ↗ |
| 2022-12-31 | 2023-02-16 | 0000921825-23-000011 | SEC ↗ |
| 2021-12-31 | 2022-02-18 | 0000921825-22-000011 | SEC ↗ |
| 2020-12-31 | 2021-02-16 | 0000921825-21-000006 | SEC ↗ |
| 2019-12-31 | 2020-02-13 | 0000921825-20-000011 | SEC ↗ |
| 2018-12-31 | 2019-02-20 | 0000921825-19-000003 | SEC ↗ |
| 2017-12-31 | 2018-02-26 | 0000921825-18-000003 | SEC ↗ |
| 2016-12-31 | 2017-02-24 | 0000921825-17-000002 | SEC ↗ |
| 2015-12-31 | 2016-02-25 | 0000921825-16-000037 | SEC ↗ |
| 2014-12-31 | 2015-02-26 | 0000921825-15-000011 | SEC ↗ |
| 2013-12-31 | 2014-02-28 | 0000921825-14-000008 | SEC ↗ |
| 2012-12-31 | 2013-03-01 | 0001193125-13-086804 | SEC ↗ |
| 2011-12-31 | 2012-02-29 | 0001193125-12-089719 | SEC ↗ |
| 2010-12-31 | 2011-02-24 | 0000950123-11-017925 | SEC ↗ |
| 2009-12-31 | 2010-03-03 | 0000950123-10-020117 | SEC ↗ |
| 2008-12-31 | 2009-03-02 | 0000950137-09-001437 | SEC ↗ |