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First Industrial Realty Trust, Inc. (FR)
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First Industrial Realty Trust, Inc. (FR) EV/Assets Ratio: 1.86x

For REITs like First Industrial Realty Trust, Inc., EV/Assets is secondary context: property companies are valued primarily on funds from operations (FFO / AFFO) and price-to-FFO, where heavy non-cash depreciation makes EBITDA-based multiples less informative than for an operating company.

The EV/Assets ratio for First Industrial Realty Trust, Inc. (FR) is 1.86x as of Saturday, June 20, 2026.

FR EV/Assets Ratio Chart

FR EV/Assets Ratio
1.86x+14.11% 1Y
Zoom

FR Average EV/Assets Ratio Chart

FR Current vs Average EV/Assets Ratio Chart

FR EV/Assets Ratio Metrics

EV/ASSETS RATIO

1.86x

EV/ASSETS RATIO AVG TTM

1.81x

EV/ASSETS RATIO AVG 3Y

1.75x

EV/ASSETS RATIO AVG 5Y

1.78x

EV/ASSETS RATIO AVG 10Y

1.77x

EV/ASSETS RATIO AVG 15Y

1.60x

EV/ASSETS RATIO AVG 20Y

1.43x

CURRENT VS TTM AVG

+2.75%

CURRENT VS 3Y AVG

+6.10%

CURRENT VS 5Y AVG

+4.53%

CURRENT VS 10Y AVG

+5.10%

CURRENT VS 15Y AVG

+15.94%

CURRENT VS 20Y AVG

+30.23%

FR Competitors' EV/Assets Ratio

NAMEMARKET CAPEV/ASSETS RATIOTTM3Y5Y
First Industrial Realty Trust, Inc. (FR)$8.19B1.86x1.81x1.75x1.78x
NNN REIT, Inc. (NNN)vs ›$8.56B1.42x1.37x1.37x1.40x
Agree Realty Corporation (ADC)vs ›$8.80B1.19x1.22x1.18x1.19x
Terreno Realty Corporation (TRNO)vs ›$6.84B1.39x1.36x1.43x1.63x
Federal Realty Investment Trust (FRT)vs ›$10.40B1.68x1.53x1.54x1.58x
UDR, Inc. (UDR)vs ›$12.20B1.77x1.75x1.73x1.82x
Opendoor Technologies Inc. (OPEN)vs ›$3.43B1.48x1.70x1.17x1.21x
Regency Centers Corporation (REG)vs ›$14.08B1.50x1.46x1.40x1.41x
Kimco Realty Corporation (KIM)vs ›$16.44B1.25x1.17x1.12x1.12x
Host Hotels & Resorts, Inc. (HST)vs ›$17.13B1.62x1.37x1.34x1.35x

First Industrial Realty Trust, Inc. EV/Assets Ratio Formula & Definition

EV/Assets compares enterprise value to total assets. It is useful for asset-heavy businesses and for comparing how much the market pays for each dollar of assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

First Industrial Realty Trust, Inc. EV/Assets Ratio FAQ

What is the EV/Assets ratio for First Industrial Realty Trust, Inc. (FR)?
The EV/Assets ratio for FR stock is 1.86x.
What is the TTM average EV/Assets ratio for First Industrial Realty Trust, Inc. (FR)?
The TTM average EV/Assets ratio for FR stock is 1.81x.
What is the 3Y average EV/Assets ratio for First Industrial Realty Trust, Inc. (FR)?
The 3Y average EV/Assets ratio for FR stock is 1.75x.
What is the 5Y average EV/Assets ratio for First Industrial Realty Trust, Inc. (FR)?
The 5Y average EV/Assets ratio for FR stock is 1.78x.
What is the 10Y average EV/Assets ratio for First Industrial Realty Trust, Inc. (FR)?
The 10Y average EV/Assets ratio for FR stock is 1.77x.
What is the 15Y average EV/Assets ratio for First Industrial Realty Trust, Inc. (FR)?
The 15Y average EV/Assets ratio for FR stock is 1.60x.
What is the 20Y average EV/Assets ratio for First Industrial Realty Trust, Inc. (FR)?
The 20Y average EV/Assets ratio for FR stock is 1.43x.

First Industrial Realty Trust, Inc. EV/Assets Ratio History

DATEEV/ASSETS RATIO
2026-06-181.86x
2026-06-171.83x
2026-06-161.88x
2026-06-151.90x
2026-06-121.90x
2026-06-111.88x
2026-06-101.87x
2026-06-091.89x
2026-06-081.84x
2026-06-051.85x
2026-06-041.86x
2026-06-031.83x
2026-06-021.82x
2026-06-011.81x
2026-05-291.86x
2026-05-281.88x
2026-05-271.89x
2026-05-261.91x
2026-05-221.89x
2026-05-211.87x
2026-05-201.87x
2026-05-191.86x
2026-05-181.85x
2026-05-151.84x
2026-05-141.85x
2026-05-131.86x
2026-05-121.87x
2026-05-111.87x
2026-05-081.88x
2026-05-071.87x
2026-05-061.88x
2026-05-051.86x
2026-05-041.84x
2026-05-011.87x
2026-04-301.86x
2026-04-291.85x
2026-04-281.88x
2026-04-271.87x
2026-04-241.85x
2026-04-231.90x
2026-04-221.91x
2026-04-211.91x
2026-04-201.94x
2026-04-171.92x
2026-04-161.89x
2026-04-151.87x
2026-04-141.86x
2026-04-131.85x
2026-04-101.85x
2026-04-091.85x
2026-04-081.84x
2026-04-071.81x
2026-04-061.80x
2026-04-021.81x
2026-04-011.80x
2026-03-311.79x
2026-03-301.77x
2026-03-271.77x
2026-03-261.79x
2026-03-251.80x
2026-03-241.78x
2026-03-231.79x
2026-03-201.77x
2026-03-191.81x
2026-03-181.84x
2026-03-171.86x
2026-03-161.86x
2026-03-131.84x
2026-03-121.84x
2026-03-111.86x
2026-03-101.86x
2026-03-091.85x
2026-03-061.83x
2026-03-051.87x
2026-03-041.89x
2026-03-031.90x
2026-03-021.92x
2026-02-271.91x
2026-02-261.92x
2026-02-251.89x
2026-02-241.89x
2026-02-231.88x
2026-02-201.88x
2026-02-191.85x
2026-02-181.85x
2026-02-171.84x
2026-02-131.81x
2026-02-121.79x
2026-02-111.82x
2026-02-101.99x
2026-02-091.97x
2026-02-061.98x
2026-02-051.98x
2026-02-041.95x
2026-02-031.94x
2026-02-021.92x
2026-01-301.94x
2026-01-291.94x
2026-01-281.91x
2026-01-271.92x
2026-01-261.91x
2026-01-231.92x
2026-01-221.92x
2026-01-211.95x
2026-01-201.96x
2026-01-161.98x
2026-01-151.97x
2026-01-141.96x
2026-01-131.96x
2026-01-121.96x
2026-01-091.96x
2026-01-081.96x
2026-01-071.94x
2026-01-061.93x
2026-01-051.94x
2026-01-021.93x
2025-12-311.92x
2025-12-301.94x
2025-12-291.94x
2025-12-261.94x
2025-12-241.95x
2025-12-231.92x
2025-12-221.93x
2025-12-191.94x
2025-12-181.94x
2025-12-171.95x
2025-12-161.94x
2025-12-151.94x
2025-12-121.94x
2025-12-111.96x
2025-12-101.95x
2025-12-091.92x
2025-12-081.92x
2025-12-051.93x
2025-12-041.91x
2025-12-031.89x
2025-12-021.90x
2025-12-011.91x
2025-11-281.92x
2025-11-261.92x
2025-11-251.91x
2025-11-241.90x
2025-11-211.89x
2025-11-201.87x
2025-11-191.86x
2025-11-181.88x
2025-11-171.88x
2025-11-141.88x
2025-11-131.89x
2025-11-121.89x
2025-11-111.90x
2025-11-101.89x
2025-11-071.89x
2025-11-061.87x
2025-11-051.87x
2025-11-041.86x
2025-11-031.87x
2025-10-311.87x
2025-10-301.88x
2025-10-291.88x
2025-10-281.89x
2025-10-271.90x
2025-10-241.89x
2025-10-231.88x
2025-10-221.88x
2025-10-211.88x
2025-10-201.89x
2025-10-171.87x
2025-10-161.76x
2025-10-151.74x
2025-10-141.70x
2025-10-131.69x
2025-10-101.66x
2025-10-091.68x
2025-10-081.69x
2025-10-071.69x
2025-10-061.69x
2025-10-031.69x
2025-10-021.69x
2025-10-011.70x
2025-09-301.69x
2025-09-291.69x
2025-09-261.68x
2025-09-251.68x
2025-09-241.68x
2025-09-231.70x
2025-09-221.70x
2025-09-191.69x
2025-09-181.71x
2025-09-171.69x
2025-09-161.70x
2025-09-151.70x
2025-09-121.70x
2025-09-111.71x
2025-09-101.68x
2025-09-091.68x
2025-09-081.70x
2025-09-051.71x
2025-09-041.70x
2025-09-031.70x
2025-09-021.68x
2025-08-291.71x
2025-08-281.71x
2025-08-271.71x
2025-08-261.68x
2025-08-251.68x
2025-08-221.69x
2025-08-211.64x
2025-08-201.65x
2025-08-191.67x
2025-08-181.61x
2025-08-151.62x
2025-08-141.61x
2025-08-131.63x
2025-08-121.61x
2025-08-111.59x
2025-08-081.60x
2025-08-071.61x
2025-08-061.61x
2025-08-051.62x
2025-08-041.61x
2025-08-011.60x
2025-07-311.62x
2025-07-301.63x
2025-07-291.65x
2025-07-281.62x
2025-07-251.65x
2025-07-241.65x
2025-07-231.68x
2025-07-221.66x
2025-07-211.65x
2025-07-181.65x
2025-07-171.64x
2025-07-161.63x
2025-07-151.63x
2025-07-141.64x
2025-07-111.64x
2025-07-101.63x
2025-07-091.61x
2025-07-081.61x
2025-07-071.62x
2025-07-031.63x
2025-07-021.64x
2025-07-011.61x
2025-06-301.60x
2025-06-271.62x
2025-06-261.63x
2025-06-251.62x
2025-06-241.66x
2025-06-231.65x
2025-06-201.63x
2025-06-181.63x
2025-06-171.62x
2025-06-161.63x
2025-06-131.64x
2025-06-121.64x
2025-06-111.64x
2025-06-101.65x
2025-06-091.65x
2025-06-061.64x

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

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.

Chicago, IL
151 employees
Real Estate / REIT - Industrial
Sector
Real Estate
Industry
REIT - Industrial
CEO
Peter E. Baccile