First Industrial Realty Trust, Inc. (FR) EBITDA Margin: 78.24%
Is First Industrial Realty Trust, Inc.’s EBITDA margin high or low?
First Industrial Realty Trust, Inc.'s EBITDA margin of 78.24% is in line with its 5-year average of 83.27%, around the middle of its 5-year range (67.86%–97.71%).
As of Saturday, June 20, 2026. 3.06% below its 12-month average of 80.71%.
FR EBITDA Margin Chart
FR Average EBITDA Margin Chart
FR Current vs Average EBITDA Margin Chart
FR EBITDA Margin Metrics
EBITDA MARGIN
78.24%
EBITDA MARGIN AVG TTM
80.71%
EBITDA MARGIN AVG 3Y
83.51%
EBITDA MARGIN AVG 5Y
83.27%
EBITDA MARGIN AVG 10Y
75.15%
EBITDA MARGIN AVG 15Y
72.26%
EBITDA MARGIN AVG 20Y
66.89%
CURRENT VS TTM AVG
-3.06%
CURRENT VS 3Y AVG
-6.31%
CURRENT VS 5Y AVG
-6.04%
CURRENT VS 10Y AVG
+4.11%
CURRENT VS 15Y AVG
+8.27%
CURRENT VS 20Y AVG
+16.97%
FR Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Industrial Realty Trust, Inc. (FR) | $8.19B | 78.24% | 80.71% | 83.51% | 83.27% |
| NNN REIT, Inc. (NNN)vs › | $8.56B | 92.90% | 94.22% | 93.96% | 91.16% |
| Agree Realty Corporation (ADC)vs › | $8.80B | 85.89% | 86.97% | 87.53% | 87.34% |
| Terreno Realty Corporation (TRNO)vs › | $6.84B | 117.01% | 97.62% | 94.12% | 84.17% |
| Federal Realty Investment Trust (FRT)vs › | $10.40B | 76.06% | 72.22% | 71.81% | 70.25% |
| UDR, Inc. (UDR)vs › | $12.20B | 63.34% | 61.59% | 66.93% | 69.12% |
| Opendoor Technologies Inc. (OPEN)vs › | $3.43B | -25.69% | -15.21% | -8.98% | -7.83% |
| Regency Centers Corporation (REG)vs › | $14.08B | 72.93% | 67.72% | 65.27% | 63.84% |
| Kimco Realty Corporation (KIM)vs › | $16.44B | 75.83% | 68.91% | 69.43% | 72.10% |
| Host Hotels & Resorts, Inc. (HST)vs › | $17.13B | 30.23% | 30.05% | 30.48% | 23.81% |
Margin Comparison
Gross Margin
47.0%
EBITDA Margin
78.2%
Operating Margin
38.3%
Net Margin
46.0%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
First Industrial Realty Trust, Inc. EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
First Industrial Realty Trust, Inc. EBITDA Margin FAQ
- What is the EBITDA margin for First Industrial Realty Trust, Inc. (FR)?
- The EBITDA margin for FR stock is 78.24%.
- Is First Industrial Realty Trust, Inc.'s EBITDA margin high or low?
- First Industrial Realty Trust, Inc.'s EBITDA margin of 78.24% is in line with its 5-year average of 83.27%, around the middle of its 5-year range (67.86%–97.71%).
- What is the TTM average EBITDA margin for First Industrial Realty Trust, Inc. (FR)?
- The TTM average EBITDA margin for FR stock is 80.71%.
- What is the 3Y average EBITDA margin for First Industrial Realty Trust, Inc. (FR)?
- The 3Y average EBITDA margin for FR stock is 83.51%.
- What is the 5Y average EBITDA margin for First Industrial Realty Trust, Inc. (FR)?
- The 5Y average EBITDA margin for FR stock is 83.27%.
- What is the 10Y average EBITDA margin for First Industrial Realty Trust, Inc. (FR)?
- The 10Y average EBITDA margin for FR stock is 75.15%.
- What is the 15Y average EBITDA margin for First Industrial Realty Trust, Inc. (FR)?
- The 15Y average EBITDA margin for FR stock is 72.26%.
- What is the 20Y average EBITDA margin for First Industrial Realty Trust, Inc. (FR)?
- The 20Y average EBITDA margin for FR stock is 66.89%.
First Industrial Realty Trust, Inc. EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 78.24% |
| 2024-12-31 | 83.18% |
| 2023-12-31 | 81.62% |
| 2022-12-31 | 91.01% |
| 2021-12-31 | 97.71% |
| 2020-12-31 | 67.86% |
| 2019-12-31 | 67.27% |
| 2018-12-31 | 65.45% |
| 2017-12-31 | 66.04% |
| 2016-12-31 | 64.85% |
| 2015-12-31 | 63.40% |
| 2014-12-31 | 63.36% |
| 2013-12-31 | 65.81% |
| 2012-12-31 | 68.21% |
| 2011-12-31 | 62.71% |
| 2010-12-31 | 69.45% |
| 2009-12-31 | 23.50% |
| 2008-12-31 | 16.55% |
| 2007-12-31 | 18.86% |
| 2006-12-31 | 17.84% |
| 2005-12-31 | 19.87% |
| 2004-12-31 | 27.02% |
| 2003-12-31 | 66.70% |
| 2002-12-31 | 136.10% |
| 2001-12-31 | 65.76% |
| 2000-12-31 | 74.56% |
| 1999-12-31 | 43.68% |
| 1998-12-31 | 42.86% |
| 1997-12-31 | 170.47% |
| 1996-12-31 | 178.64% |
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