First Industrial Realty Trust, Inc. (FR)
First Industrial Realty Trust, Inc. (FR) EV/EBIT Ratio: 37.67x
For REITs like First Industrial Realty Trust, Inc., EV/EBIT 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/EBIT ratio for First Industrial Realty Trust, Inc. (FR) is 37.67x as of Saturday, June 20, 2026.
FR EV/EBIT Ratio Chart
FR EV/EBIT Ratio
37.67x+20.08% 1Y
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FR Average EV/EBIT Ratio Chart
FR Current vs Average EV/EBIT Ratio Chart
FR EV/EBIT Ratio Metrics
EV/EBIT RATIO
37.67x
EV/EBIT RATIO AVG TTM
36.61x
EV/EBIT RATIO AVG 3Y
32.90x
EV/EBIT RATIO AVG 5Y
33.11x
EV/EBIT RATIO AVG 10Y
29.42x
EV/EBIT RATIO AVG 15Y
28.50x
EV/EBIT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+2.91%
CURRENT VS 3Y AVG
+14.49%
CURRENT VS 5Y AVG
+13.77%
CURRENT VS 10Y AVG
+28.05%
CURRENT VS 15Y AVG
+32.16%
CURRENT VS 20Y AVG
N/A
FR Competitors' EV/EBIT Ratio
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Industrial Realty Trust, Inc. (FR) | $8.19B | 37.67x | 36.61x | 32.90x | 33.11x |
| NNN REIT, Inc. (NNN)vs › | $8.56B | 22.64x | 21.76x | 21.55x | 23.24x |
| Agree Realty Corporation (ADC)vs › | $8.80B | 33.54x | 35.43x | 34.38x | 35.06x |
| Terreno Realty Corporation (TRNO)vs › | $6.84B | 38.67x | 40.09x | 36.28x | 37.16x |
| Federal Realty Investment Trust (FRT)vs › | $10.40B | 27.97x | 25.68x | 27.19x | 29.04x |
| UDR, Inc. (UDR)vs › | $12.20B | 38.87x | 52.27x | 48.94x | 62.27x |
| Opendoor Technologies Inc. (OPEN)vs › | $3.43B | N/A | -11.10x | -9.79x | -12.10x |
| Regency Centers Corporation (REG)vs › | $14.08B | 24.34x | 20.38x | 19.15x | 19.36x |
| Kimco Realty Corporation (KIM)vs › | $16.44B | 31.46x | 31.28x | 32.77x | 36.63x |
| Host Hotels & Resorts, Inc. (HST)vs › | $17.13B | 24.15x | 20.97x | 19.78x | 47.47x |
First Industrial Realty Trust, Inc. EV/EBIT Ratio Formula & Definition
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
First Industrial Realty Trust, Inc. EV/EBIT Ratio FAQ
- What is the EV/EBIT ratio for First Industrial Realty Trust, Inc. (FR)?
- The EV/EBIT ratio for FR stock is 37.67x.
- What is the TTM average EV/EBIT ratio for First Industrial Realty Trust, Inc. (FR)?
- The TTM average EV/EBIT ratio for FR stock is 36.61x.
- What is the 3Y average EV/EBIT ratio for First Industrial Realty Trust, Inc. (FR)?
- The 3Y average EV/EBIT ratio for FR stock is 32.90x.
- What is the 5Y average EV/EBIT ratio for First Industrial Realty Trust, Inc. (FR)?
- The 5Y average EV/EBIT ratio for FR stock is 33.11x.
- What is the 10Y average EV/EBIT ratio for First Industrial Realty Trust, Inc. (FR)?
- The 10Y average EV/EBIT ratio for FR stock is 29.42x.
- What is the 15Y average EV/EBIT ratio for First Industrial Realty Trust, Inc. (FR)?
- The 15Y average EV/EBIT ratio for FR stock is 28.50x.
First Industrial Realty Trust, Inc. EV/EBIT Ratio History
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-06-18 | 37.67x |
| 2026-06-17 | 37.16x |
| 2026-06-16 | 38.14x |
| 2026-06-15 | 38.40x |
| 2026-06-12 | 38.49x |
| 2026-06-11 | 38.13x |
| 2026-06-10 | 37.95x |
| 2026-06-09 | 38.19x |
| 2026-06-08 | 37.24x |
| 2026-06-05 | 37.56x |
| 2026-06-04 | 37.61x |
| 2026-06-03 | 37.02x |
| 2026-06-02 | 36.85x |
| 2026-06-01 | 36.69x |
| 2026-05-29 | 37.70x |
| 2026-05-28 | 38.02x |
| 2026-05-27 | 38.25x |
| 2026-05-26 | 38.71x |
| 2026-05-22 | 38.36x |
| 2026-05-21 | 37.96x |
| 2026-05-20 | 37.89x |
| 2026-05-19 | 37.59x |
| 2026-05-18 | 37.54x |
| 2026-05-15 | 37.22x |
| 2026-05-14 | 37.45x |
| 2026-05-13 | 37.69x |
| 2026-05-12 | 37.94x |
| 2026-05-11 | 37.94x |
| 2026-05-08 | 38.11x |
| 2026-05-07 | 37.96x |
| 2026-05-06 | 38.00x |
| 2026-05-05 | 37.63x |
| 2026-05-04 | 37.32x |
| 2026-05-01 | 37.83x |
| 2026-04-30 | 37.76x |
| 2026-04-29 | 37.47x |
| 2026-04-28 | 37.98x |
| 2026-04-27 | 37.79x |
| 2026-04-24 | 37.47x |
| 2026-04-23 | 39.76x |
| 2026-04-22 | 40.01x |
| 2026-04-21 | 39.94x |
| 2026-04-20 | 40.52x |
| 2026-04-17 | 40.20x |
| 2026-04-16 | 39.54x |
| 2026-04-15 | 39.02x |
| 2026-04-14 | 38.91x |
| 2026-04-13 | 38.58x |
| 2026-04-10 | 38.71x |
| 2026-04-09 | 38.60x |
| 2026-04-08 | 38.48x |
| 2026-04-07 | 37.92x |
| 2026-04-06 | 37.62x |
| 2026-04-02 | 37.73x |
| 2026-04-01 | 37.72x |
| 2026-03-31 | 37.33x |
| 2026-03-30 | 37.04x |
| 2026-03-27 | 37.00x |
| 2026-03-26 | 37.48x |
| 2026-03-25 | 37.54x |
| 2026-03-24 | 37.29x |
| 2026-03-23 | 37.43x |
| 2026-03-20 | 36.91x |
| 2026-03-19 | 37.80x |
| 2026-03-18 | 38.37x |
| 2026-03-17 | 38.78x |
| 2026-03-16 | 38.86x |
| 2026-03-13 | 38.43x |
| 2026-03-12 | 38.46x |
| 2026-03-11 | 38.89x |
| 2026-03-10 | 38.92x |
| 2026-03-09 | 38.63x |
| 2026-03-06 | 38.30x |
| 2026-03-05 | 39.06x |
| 2026-03-04 | 39.57x |
| 2026-03-03 | 39.67x |
| 2026-03-02 | 40.08x |
| 2026-02-27 | 39.90x |
| 2026-02-26 | 40.07x |
| 2026-02-25 | 39.59x |
| 2026-02-24 | 39.45x |
| 2026-02-23 | 39.35x |
| 2026-02-20 | 39.39x |
| 2026-02-19 | 38.73x |
| 2026-02-18 | 38.57x |
| 2026-02-17 | 38.40x |
| 2026-02-13 | 37.85x |
| 2026-02-12 | 37.41x |
| 2026-02-11 | 38.07x |
| 2026-02-10 | 41.52x |
| 2026-02-09 | 41.25x |
| 2026-02-06 | 41.34x |
| 2026-02-05 | 41.32x |
| 2026-02-04 | 40.66x |
| 2026-02-03 | 40.59x |
| 2026-02-02 | 40.19x |
| 2026-01-30 | 40.46x |
| 2026-01-29 | 40.53x |
| 2026-01-28 | 39.87x |
| 2026-01-27 | 40.15x |
| 2026-01-26 | 39.98x |
| 2026-01-23 | 40.15x |
| 2026-01-22 | 40.04x |
| 2026-01-21 | 40.71x |
| 2026-01-20 | 40.86x |
| 2026-01-16 | 41.40x |
| 2026-01-15 | 41.10x |
| 2026-01-14 | 41.02x |
| 2026-01-13 | 41.00x |
| 2026-01-12 | 40.88x |
| 2026-01-09 | 41.05x |
| 2026-01-08 | 40.89x |
| 2026-01-07 | 40.61x |
| 2026-01-06 | 40.32x |
| 2026-01-05 | 40.62x |
| 2026-01-02 | 40.39x |
| 2025-12-31 | 40.07x |
| 2025-12-30 | 40.51x |
| 2025-12-29 | 40.45x |
| 2025-12-26 | 40.58x |
| 2025-12-24 | 40.65x |
| 2025-12-23 | 40.09x |
| 2025-12-22 | 40.34x |
| 2025-12-19 | 40.50x |
| 2025-12-18 | 40.64x |
| 2025-12-17 | 40.74x |
| 2025-12-16 | 40.45x |
| 2025-12-15 | 40.61x |
| 2025-12-12 | 40.54x |
| 2025-12-11 | 40.96x |
| 2025-12-10 | 40.73x |
| 2025-12-09 | 40.05x |
| 2025-12-08 | 40.13x |
| 2025-12-05 | 40.36x |
| 2025-12-04 | 39.82x |
| 2025-12-03 | 39.40x |
| 2025-12-02 | 39.64x |
| 2025-12-01 | 39.95x |
| 2025-11-28 | 40.06x |
| 2025-11-26 | 40.20x |
| 2025-11-25 | 39.94x |
| 2025-11-24 | 39.72x |
| 2025-11-21 | 39.60x |
| 2025-11-20 | 39.07x |
| 2025-11-19 | 38.93x |
| 2025-11-18 | 39.35x |
| 2025-11-17 | 39.28x |
| 2025-11-14 | 39.30x |
| 2025-11-13 | 39.46x |
| 2025-11-12 | 39.50x |
| 2025-11-11 | 39.76x |
| 2025-11-10 | 39.45x |
| 2025-11-07 | 39.58x |
| 2025-11-06 | 39.00x |
| 2025-11-05 | 39.09x |
| 2025-11-04 | 38.95x |
| 2025-11-03 | 39.06x |
| 2025-10-31 | 39.07x |
| 2025-10-30 | 39.35x |
| 2025-10-29 | 39.27x |
| 2025-10-28 | 39.51x |
| 2025-10-27 | 39.72x |
| 2025-10-24 | 39.48x |
| 2025-10-23 | 39.29x |
| 2025-10-22 | 39.26x |
| 2025-10-21 | 39.19x |
| 2025-10-20 | 39.46x |
| 2025-10-17 | 38.99x |
| 2025-10-16 | 33.32x |
| 2025-10-15 | 32.98x |
| 2025-10-14 | 32.17x |
| 2025-10-13 | 31.97x |
| 2025-10-10 | 31.40x |
| 2025-10-09 | 31.88x |
| 2025-10-08 | 32.06x |
| 2025-10-07 | 32.05x |
| 2025-10-06 | 32.01x |
| 2025-10-03 | 32.07x |
| 2025-10-02 | 31.98x |
| 2025-10-01 | 32.24x |
| 2025-09-30 | 31.96x |
| 2025-09-29 | 31.99x |
| 2025-09-26 | 31.92x |
| 2025-09-25 | 31.83x |
| 2025-09-24 | 31.81x |
| 2025-09-23 | 32.14x |
| 2025-09-22 | 32.21x |
| 2025-09-19 | 32.07x |
| 2025-09-18 | 32.36x |
| 2025-09-17 | 32.08x |
| 2025-09-16 | 32.22x |
| 2025-09-15 | 32.16x |
| 2025-09-12 | 32.29x |
| 2025-09-11 | 32.50x |
| 2025-09-10 | 31.79x |
| 2025-09-09 | 31.86x |
| 2025-09-08 | 32.27x |
| 2025-09-05 | 32.32x |
| 2025-09-04 | 32.22x |
| 2025-09-03 | 32.14x |
| 2025-09-02 | 31.87x |
| 2025-08-29 | 32.48x |
| 2025-08-28 | 32.32x |
| 2025-08-27 | 32.41x |
| 2025-08-26 | 31.82x |
| 2025-08-25 | 31.87x |
| 2025-08-22 | 32.01x |
| 2025-08-21 | 31.08x |
| 2025-08-20 | 31.29x |
| 2025-08-19 | 31.56x |
| 2025-08-18 | 30.59x |
| 2025-08-15 | 30.78x |
| 2025-08-14 | 30.60x |
| 2025-08-13 | 30.83x |
| 2025-08-12 | 30.49x |
| 2025-08-11 | 30.17x |
| 2025-08-08 | 30.39x |
| 2025-08-07 | 30.53x |
| 2025-08-06 | 30.44x |
| 2025-08-05 | 30.71x |
| 2025-08-04 | 30.44x |
| 2025-08-01 | 30.31x |
| 2025-07-31 | 30.70x |
| 2025-07-30 | 30.95x |
| 2025-07-29 | 31.32x |
| 2025-07-28 | 30.73x |
| 2025-07-25 | 31.21x |
| 2025-07-24 | 31.34x |
| 2025-07-23 | 31.76x |
| 2025-07-22 | 31.52x |
| 2025-07-21 | 31.23x |
| 2025-07-18 | 31.28x |
| 2025-07-17 | 30.99x |
| 2025-07-16 | 31.46x |
| 2025-07-15 | 31.33x |
| 2025-07-14 | 31.66x |
| 2025-07-11 | 31.51x |
| 2025-07-10 | 31.35x |
| 2025-07-09 | 30.96x |
| 2025-07-08 | 31.09x |
| 2025-07-07 | 31.16x |
| 2025-07-03 | 31.39x |
| 2025-07-02 | 31.50x |
| 2025-07-01 | 31.02x |
| 2025-06-30 | 30.90x |
| 2025-06-27 | 31.29x |
| 2025-06-26 | 31.34x |
| 2025-06-25 | 31.14x |
| 2025-06-24 | 32.02x |
| 2025-06-23 | 31.83x |
| 2025-06-20 | 31.38x |
| 2025-06-18 | 31.37x |
| 2025-06-17 | 31.20x |
| 2025-06-16 | 31.32x |
| 2025-06-13 | 31.51x |
| 2025-06-12 | 31.63x |
| 2025-06-11 | 31.60x |
| 2025-06-10 | 31.71x |
| 2025-06-09 | 31.71x |
| 2025-06-06 | 31.57x |
Showing the most recent 260 of 3,406 data points. The chart above shows the full history.
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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