BXP, Inc. (BXP) vs First Industrial Realty Trust, Inc. (FR)

A side-by-side comparison of BXP, Inc. and First Industrial Realty Trust, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnBXP vs FR

growth of $100 · dividends reinvested · last 29y
BXP +803.3%FR +655.9%BXP compounded faster
05001kStart $10020022007201220172022$903$756
BXP FR

BXP vs FR: by the numbers

  • BXP is the larger company ($11.12B vs $8.44B market cap).
  • FR trades at the lower trailing earnings multiple (23.22 vs 37.48 P/E), one valuation lens rather than an overall verdict.
  • FR converts more revenue to profit (47.96% vs 8.44% net margin).
  • FR grew revenue faster over the past five years (10.47% vs 4.77% CAGR).
  • BXP pays the higher dividend yield (4.02% vs 2.97%).

Metrics side by side

Valuation

MetricBXPFR
P/E ratio37.4823.22
Forward P/E34.0325.36
P/S ratio3.1611.10
P/B ratio2.163.04
PEG ratio0.025.66
EV / EBITDA12.4221.49
FCF yield4.21%4.86%

Profitability

MetricBXPFR
Gross margin60.56%22.60%
Operating margin55.71%41.59%
Net margin8.44%47.96%
ROE5.75%13.12%
ROIC5.87%5.77%

Dividends

MetricBXPFR
Dividend yield4.02%2.97%
Payout ratio160.00%101.07%

Growth (annualized)

MetricBXPFR
Revenue CAGR (5Y)4.77%10.47%
EPS CAGR (5Y)-20.59%4.10%
FCF CAGR (5Y)-12.61%7.52%
Total return CAGR (5Y)-5.23%5.76%

Frequently asked

Which has the lower trailing P/E, BXP or FR?
FR has the lower trailing P/E: BXP trades at 37.48 and FR at 23.22. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BXP or FR?
Over the past five years, FR grew revenue faster — BXP at a 4.77% CAGR versus FR at 10.47%.
Does BXP or FR pay a bigger dividend?
BXP yields 4.02% and FR yields 2.97% based on trailing dividends and the latest price.
Is BXP or FR more profitable?
FR runs the higher net margin — BXP at 8.44% versus FR at 47.96%.
How have BXP and FR total returns compared?
Over the past 10 years, BXP delivered -2.96% and FR delivered 11.11% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 8, 2026.