BXP, Inc. (BXP) vs First Industrial Realty Trust, Inc. (FR)
FR leads on 8 of 15 compared metrics.
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 June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — BXP vs FR
growth of $100 · last 29yBXP +140.5%FR +107.7%BXP compounded faster
BXP FR
BXP vs FR: by the numbers
- •BXP is the larger company ($10.26B vs $8.44B market cap).
- •FR trades at the lower earnings multiple (24.66 vs 32.33 P/E).
- •FR converts more revenue to profit (45.99% vs 9.09% net margin).
- •FR grew revenue faster over the past five years (10.42% vs 5.06% CAGR).
- •BXP pays the higher dividend yield (4.79% vs 2.88%).
Which is better, BXP or FR?
Metric tally: BXP 7 · FR 8It depends on what you're optimizing for:
ValueFR(lower P/E)
GrowthFR(faster 5Y revenue CAGR)
IncomeBXP(higher dividend yield)
QualityBXP(higher ROIC)
Metrics side by side
Valuation
| Metric | BXP | FR |
|---|---|---|
| P/E ratio | 32.33 | 24.66● |
| Forward P/E | 34.45 | 33.61● |
| P/S ratio | 2.93● | 11.32 |
| P/B ratio | 1.98● | 3.06 |
| PEG ratio | 0.02● | 6.02 |
| EV / EBITDA | 13.67● | 16.73 |
Profitability
| Metric | BXP | FR |
|---|---|---|
| Gross margin | 60.20%● | 47.03% |
| Operating margin | 35.22% | 38.28%● |
| Net margin | 9.09% | 45.99%● |
| ROE | 6.16% | 12.41%● |
| ROIC | 7.63%● | 5.34% |
Dividends
| Metric | BXP | FR |
|---|---|---|
| Dividend yield | 4.79%● | 2.88% |
| Payout ratio | 176.00% | 98.13% |
Growth (annualized)
| Metric | BXP | FR |
|---|---|---|
| Revenue CAGR (5Y) | 5.06% | 10.42%● |
| EPS CAGR (5Y) | -20.59% | 4.10%● |
| Total return CAGR (5Y) | -6.90% | 6.67%● |
Frequently asked
- Which is better, BXP or FR?
- It depends on your goal. value: FR (lower P/E); growth: FR (faster 5Y revenue CAGR); income: BXP (higher dividend yield); quality: BXP (higher ROIC). Across all compared metrics, FR leads 8 to 7.
- Is BXP or FR cheaper?
- On trailing earnings, FR is cheaper: BXP trades at a 32.33 P/E and FR at 24.66.
- Which has grown faster, BXP or FR?
- Over the past five years, FR grew revenue faster — BXP at a 5.06% CAGR versus FR at 10.42%.
- Does BXP or FR pay a bigger dividend?
- BXP yields 4.79% and FR yields 2.88% based on trailing dividends and the latest price.
- Is BXP or FR more profitable?
- FR runs the higher net margin — BXP at 9.09% versus FR at 45.99%.
- Which has been the better investment, BXP or FR?
- Over the past 10-year, FR delivered the higher annualized total return — BXP at -2.93% versus FR at 11.93%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
BXP P/E ratioFirst Industrial Realty Trust P/E ratioBXP dividend yieldFirst Industrial Realty Trust dividend yieldBXP ROEFirst Industrial Realty Trust ROEBXP operating marginFirst Industrial Realty Trust operating marginBXP revenue growthFirst Industrial Realty Trust revenue growthBXP free cash flowFirst Industrial Realty Trust free cash flow
BXP & First Industrial Realty Trust appear in these rankings
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 June 24, 2026.