Companies: 10,795·Total market cap: $144.5T
First Industrial Realty Trust, Inc.

First Industrial Realty Trust, Inc.

FRNYSEReal Estate● Active
$61.58
$-0.10(-0.16%)
Market Cap$8.2B
P/E Ratio
52W High$64.66
52W Low$47.36

First Industrial Realty Trust, Inc. (FR) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

fr · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for First Industrial Realty Trust, Inc. (FR) measures how much investors pay for each dollar of the company's trailing earnings. FR's current PE ratio of 23.82x is calculated by dividing its stock price of $61.58 by its TTM earnings per share of $2.58. −7.3% discount vs 5Y avg 25.7x

23.82x
P/E Ratio (TTM)7.3%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
32.53x
FY2027 est. EPS $1.89
Based on 4 analysts
EPS (TTM)
$2.58
TTM · diluted EPS
PEG Ratio
0.84
Below 1.0 · Growth adjusted
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · First Industrial Realty Trust, Inc. SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 25.7x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 16 fiscal years · Front-end computed
Average
25.4x
16-yr mean
Median
24.2x
16-yr midpoint
Minimum
8.2x
Lowest year
Maximum
46.0x
Highest year
23.8x ← Now
8.2x
Min
Q1 · 25%24.2x
Median
Q3 · 75%46.0x
Max
Within Historical Range

At 23.82x, FR's current P/E is within its average historical range over the past 16 fiscal years.

50th percentileHigher than 8 of 16 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

REIT - Industrial · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
First Industrial Realty Trust, Inc.
First Industrial Realty Trust, Inc.You
FR
$8.2B23.82x-17.6%$2.58
Agree Realty Corporation
Agree Realty Corporation
ADC
$8.8B39.03x+35.0%$1.85
CareTrust REIT, Inc.
CareTrust REIT, Inc.
CTRE
$9.0B22.97x-20.5%$1.57
CubeSmart
CubeSmart
CUBE
$9.2B24.70x-14.6%$1.46
NNN REIT, Inc.
NNN REIT, Inc.
NNN
$8.6B19.08x-34.0%$2.08
Rexford Industrial Realty, Inc.
Rexford Industrial Realty, Inc.
REXR
$7.9B42.45x+46.8%$0.91
STAG Industrial, Inc.
STAG Industrial, Inc.
STAG
$7.1B25.24x-12.7%$1.46
Industry Average
6 peers with valid PE
28.91xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
30.66x$1.87+32.7%
2024-12-31
FY2024
23.09x$2.17-8.9%
2023-12-31
FY2023
25.35x$2.08+42.9%
2022-12-31
FY2022
17.74x$2.72-44.0%
2021-12-31
FY2021
31.68x$2.09+18.7%
2020-12-31
FY2020
26.69x$1.58+21.5%
2019-12-31
FY2019
21.97x$1.89+0.4%
2018-12-31
FY2018
21.89x$1.32+18.5%
2017-12-31
FY2017
18.48x$1.70-30.6%
2016-12-31
FY2016
26.62x$1.05-19.6%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for First Industrial Realty Trust, Inc. (FR) measures how much investors pay for each dollar of the company's trailing earnings. FR's current PE ratio of 23.82x is calculated by dividing its stock price of $61.58 by its TTM earnings per share of $2.58.

PE Ratio = Stock Price ÷ EPS (TTM)
= $61.58 ÷ $2.58 = 23.82x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

FR pe ratio · 6 questions

FR's current PE ratio is 23.82x as of 2026-06-08, based on a stock price of $61.58 and TTM EPS of $2.58. Data sourced from Financial Modeling Prep via FR's SEC 10-K and 10-Q filings.

FR PE ratioWhat is FR PE ratioCurrent PE ratio of FRFR PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · First Industrial Realty Trust, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08