First Industrial Realty Trust (FR) fundamentals: P/E, valuation, undervalued?
First Industrial Realty Trust · Real Estate · ref. ETF XLRE · price $59.86
In short — First Industrial Realty Trust trades at 21.8× earnings (P/E), 31.3× forward, with a net margin of 47.9 % and revenue growth of +8 %. Read: Cheap for the growth (P/E 31 for ~39% growth (PEG 0.8)).
Is First Industrial Realty Trust stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$59.86+15.3% over range
Oct 14, 25low $51.93 · high $68.86Oct 13, 26
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Hold
43% recommend buying · 7 analysts
Valuation : Cheap for the growth — P/E 31 for ~39% growth (PEG 0.8)
Valuation
21.8
P/E (price/earnings)
31.3
Forward P/E
0.56
PEG
2.9
Price/book (P/B)
$8.2B
Market cap
2.74
EPS
Profitability & growth
47.9 %
Net margin
+8 %
Revenue growth
+39 %
Earnings growth
$2.6B
Total debt
First Industrial Realty Trust income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $540M | $359M | 66.5 % |
| 2023 | $614M | $275M | 44.8 % |
| 2024 | $670M | $288M | 42.9 % |
| 2025 | $727M | $247M | 34.0 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is First Industrial Realty Trust's P/E and is the stock undervalued? What's a good P/E?
First Industrial Realty Trust's P/E is 21.8 (forward 31.3). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".
Is First Industrial Realty Trust profitable?
First Industrial Realty Trust has a net margin of 47.9 % (EPS 2.74). The company is profitable.
Is FR stock expensive?
Our read: "Cheap for the growth" — P/E 31 for ~39% growth (PEG 0.8). Cross-check with growth and sector.
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