First Industrial Realty Trust, Inc. (FR) Debt to Equity Ratio: 0.96
Is First Industrial Realty Trust, Inc.’s debt to equity ratio high or low?
First Industrial Realty Trust, Inc.'s debt to equity ratio of 0.96 is 12% above its 5-year average of 0.86, near the high end of its 5-year range (0.75–0.96).
As of Saturday, June 20, 2026. 6.67% above its 12-month average of 0.90.
FR Debt to Equity Ratio Chart
FR Average Debt to Equity Ratio Chart
FR Current vs Average Debt to Equity Ratio Chart
FR Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.96
DEBT TO EQUITY RATIO AVG TTM
0.90
DEBT TO EQUITY RATIO AVG 3Y
0.88
DEBT TO EQUITY RATIO AVG 5Y
0.86
DEBT TO EQUITY RATIO AVG 10Y
0.92
DEBT TO EQUITY RATIO AVG 15Y
1.01
DEBT TO EQUITY RATIO AVG 20Y
1.27
CURRENT VS TTM AVG
+6.67%
CURRENT VS 3Y AVG
+8.78%
CURRENT VS 5Y AVG
+12.06%
CURRENT VS 10Y AVG
+4.24%
CURRENT VS 15Y AVG
-5.39%
CURRENT VS 20Y AVG
-24.64%
FR Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Industrial Realty Trust, Inc. (FR) | $8.19B | 0.96 | 0.90 | 0.88 | 0.86 |
| NNN REIT, Inc. (NNN)vs › | $8.56B | 1.09 | 1.04 | 1.02 | 0.97 |
| Agree Realty Corporation (ADC)vs › | $8.80B | 0.53 | 0.52 | 0.48 | 0.50 |
| Terreno Realty Corporation (TRNO)vs › | $6.84B | 0.23 | 0.23 | 0.27 | 0.28 |
| Federal Realty Investment Trust (FRT)vs › | $10.40B | 1.55 | 1.50 | 1.52 | 1.58 |
| UDR, Inc. (UDR)vs › | $12.20B | 1.88 | 1.81 | 1.63 | 1.63 |
| Opendoor Technologies Inc. (OPEN)vs › | $3.43B | 0.19 | 1.72 | 2.76 | 2.42 |
| Regency Centers Corporation (REG)vs › | $14.08B | 0.86 | 0.80 | 0.75 | 0.74 |
| Kimco Realty Corporation (KIM)vs › | $16.44B | 0.83 | 0.82 | 0.80 | 0.83 |
| Host Hotels & Resorts, Inc. (HST)vs › | $17.13B | 0.86 | 0.85 | 0.78 | 0.83 |
Financial Health
Debt/Equity
0.96
Current Ratio
1.14
First Industrial Realty Trust, Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
First Industrial Realty Trust, Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for First Industrial Realty Trust, Inc. (FR)?
- The debt to equity ratio for FR stock is 0.96.
- Is First Industrial Realty Trust, Inc.'s debt to equity ratio high or low?
- First Industrial Realty Trust, Inc.'s debt to equity ratio of 0.96 is 12% above its 5-year average of 0.86, near the high end of its 5-year range (0.75–0.96).
- What is the TTM average debt to equity ratio for First Industrial Realty Trust, Inc. (FR)?
- The TTM average debt to equity ratio for FR stock is 0.90.
- What is the 3Y average debt to equity ratio for First Industrial Realty Trust, Inc. (FR)?
- The 3Y average debt to equity ratio for FR stock is 0.88.
- What is the 5Y average debt to equity ratio for First Industrial Realty Trust, Inc. (FR)?
- The 5Y average debt to equity ratio for FR stock is 0.86.
- What is the 10Y average debt to equity ratio for First Industrial Realty Trust, Inc. (FR)?
- The 10Y average debt to equity ratio for FR stock is 0.92.
- What is the 15Y average debt to equity ratio for First Industrial Realty Trust, Inc. (FR)?
- The 15Y average debt to equity ratio for FR stock is 1.01.
- What is the 20Y average debt to equity ratio for First Industrial Realty Trust, Inc. (FR)?
- The 20Y average debt to equity ratio for FR stock is 1.27.
First Industrial Realty Trust, Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 0.96 |
| 2024-12-31 | 0.84 |
| 2023-12-31 | 0.88 |
| 2022-12-31 | 0.85 |
| 2021-12-31 | 0.75 |
| 2020-12-31 | 0.86 |
| 2019-12-31 | 0.86 |
| 2018-12-31 | 0.79 |
| 2017-12-31 | 0.91 |
| 2016-12-31 | 1.09 |
| 2015-12-31 | 1.34 |
| 2014-12-31 | 1.29 |
| 2013-12-31 | 1.15 |
| 2012-12-31 | 1.21 |
| 2011-12-31 | 1.44 |
| 2010-12-31 | 2.06 |
| 2009-12-31 | 1.98 |
| 2008-12-31 | 2.06 |
| 2007-12-31 | 2.03 |
| 2006-12-31 | 1.72 |
| 2005-12-31 | 1.68 |
| 2004-12-31 | 1.79 |
| 2003-12-31 | 1.58 |
| 2002-12-31 | 1.57 |
| 2001-12-31 | 1.05 |
| 2000-12-31 | 0.90 |
| 1999-12-31 | 0.90 |
| 1998-12-31 | 0.90 |
| 1997-12-31 | 0.76 |
| 1996-12-31 | 0.02 |
Related Metrics
About First Industrial Realty Trust, Inc.
First Industrial Realty Trust, Inc. (NYSE: FR) is a preeminent, fully integrated real estate firm specializing in the ownership, operation, and development of industrial properties. The company is recognized for its consistent delivery of market-leading customer service to a diverse clientele, encompassing both global corporations and regional businesses. Operating in significant markets throughout the United States, First Industrial's localized teams skillfully acquire, divest, manage, lease, and either develop new or redevelop existing industrial assets. These assets include large-scale distribution centers, regional logistics facilities, light industrial spaces, and other types of industrial properties. As of September 30, 2020, their combined portfolio of owned and actively developed industrial space amounted to roughly 64.1 million square feet.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- Peter E. Baccile