First Industrial Realty Trust (FR)
Owner and developer of industrial and logistics buildings leased to supply-chain tenants in targeted U.S. markets.
$61.72
vs last close−0.17 (−0.27%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 156 | 159 | 164 | 165 | 168 | 175 | 177 | 180 | 181 | 188 | 195 | 195 |
| Cost of revenue | 43 | 42 | 47 | 43 | 45 | 48 | 49 | 46 | 46 | 149 | 154 | 48 |
| Gross profit | 113 | 117 | 116 | 122 | 123 | 127 | 129 | 134 | 135 | 40 | 41 | 147 |
| 37 | 26 | 46 | 70 | 18 | 56 | 73 | 77 | 54 | −39 | −27 | 59 | |
| 8 | 10 | 12 | 10 | 9 | 10 | 16 | 8 | 9 | 9 | 23 | 9 | |
| General & administrative | 8 | 10 | 12 | 10 | 9 | 10 | 16 | 8 | 9 | 9 | 23 | 9 |
| Other expenses | 29 | 16 | 34 | 60 | 9 | 46 | 58 | 69 | 46 | −49 | −50 | 50 |
| Operating income | 76 | 91 | 70 | 52 | 105 | 70 | 55 | 57 | 81 | 79 | 68 | 88 |
| 2 | 2 | 1 | 1 | 1 | 1 | 3 | 0 | −13 | 17 | 84 | −10 | |
| Interest income | 0 | 0 | 0 | 0 | −1 | −1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 21 | 21 | 22 | 22 | 21 | 20 | 20 | 23 | 22 | 23 | 25 | 26 |
| Other non-operating income | 12 | 26 | 8 | −17 | 35 | −3 | −14 | −22 | −9 | −40 | −109 | −18 |
| Income before tax | 77 | 92 | 72 | 53 | 105 | 72 | 59 | 57 | 68 | 96 | 152 | 78 |
| Income tax expense | 0 | 1 | 1 | 0 | 3 | 1 | 6 | 0 | 0 | 9 | 4 | −1 |
| Net income from continuing operations | 77 | 92 | 70 | 53 | 102 | 70 | 53 | 57 | 67 | 87 | 148 | 80 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 75 | 89 | 68 | 51 | 99 | 68 | 48 | 55 | 65 | 79 | 143 | 77 |
| EPS, basic | $0.57 | $0.67 | $0.52 | $0.39 | $0.75 | $0.52 | $0.36 | $0.42 | $0.49 | $0.60 | $1.08 | $0.58 |
| EPS, diluted | $0.57 | $0.67 | $0.52 | $0.39 | $0.75 | $0.52 | $0.36 | $0.42 | $0.49 | $0.59 | $1.08 | $0.58 |
| Weighted average shares, basic | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 |
| Weighted average shares, diluted | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 132 | 133 | 133 | 133 | 133 |
| EBITDA | 105 | 108 | 109 | 113 | 111 | 118 | 123 | 126 | 135 | 168 | 227 | 156 |
| Depreciation & amortization | 42 | 43 | 47 | 44 | 40 | 45 | 54 | 47 | 46 | 49 | 50 | 50 |
| EBIT | 64 | 65 | 63 | 69 | 70 | 73 | 69 | 79 | 89 | 119 | 177 | 106 |
