Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
The P/E ratio is 22.54 as of 2026-09-18T18:55:38.038Z.
Calculation as of: 2026-09-18T18:55:38.038Z.
Quote observation: 2026-09-18T18:55:05.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 54eb9073079527f2e0e4f9544803a2af41f289f3b0fe5e80ca1e8fcbb7b52cfb
PE Ratio (22.54) = Close Price ($61.75) / Diluted TTM EPS ($2.74)
PE RATIO
22.54
PE RATIO AVG TTM
28.36
PE RATIO AVG 3Y
23.96
PE RATIO AVG 5Y
24.72
PE RATIO AVG 10Y
24.82
PE RATIO AVG 15Y
25.91
PE RATIO AVG 20Y
23.89
CURRENT VS TTM AVG
-20.51%
CURRENT VS 3Y AVG
-5.94%
CURRENT VS 5Y AVG
-8.83%
CURRENT VS 10Y AVG
-9.20%
CURRENT VS 15Y AVG
-12.99%
CURRENT VS 20Y AVG
-5.65%
SECTOR MEDIAN · REAL ESTATE
29.97
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-24.79%
vs the sector median at left
First Industrial Realty Trust, Inc.
Market Cap
$8.19B
PE Ratio
22.54
TTM Avg
28.36
3Y Avg
23.96
5Y Avg
24.72
Market Cap
$9.47B
PE Ratio
N/A
TTM Avg
89.61
3Y Avg
81.77
5Y Avg
64.23
Market Cap
$9.60B
PE Ratio
22.14
TTM Avg
23.13
3Y Avg
28.04
5Y Avg
29.37
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Industrial Realty Trust, Inc. (FR) | $8.19B | 22.54 | 28.36 | 23.96 | 24.72 |
| Agree Realty Corporation (ADC)vs › | $8.22B | 36.78 | 42.06 | 39.58 | 39.01 |
| NNN REIT, Inc. (NNN)vs › | $7.93B | 20.43 | 21.07 | 20.04 | 22.66 |
| CubeSmart (CUBE)vs › | $9.01B | 27.45 | 26.16 | 25.74 | 35.04 |
| Terreno Realty Corporation (TRNO)vs › | $6.98B | 17.64 | 18.58 | 27.83 | 34.80 |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $9.47B | N/A | 89.61 | 81.77 | 64.23 |
| Federal Realty Investment Trust (FRT)vs › | $9.60B | 22.14 | 23.13 | 28.04 | 29.37 |
| Camden Property Trust (CPT)vs › | $10.05B | 33.23 | 41.27 | 47.80 | 49.44 |
| BXP, Inc. (BXP)vs › | $10.15B | 34.21 | 606.75 | 347.80 | 205.30 |
| UDR, Inc. (UDR)vs › | $10.90B | 21.61 | 54.23 | 70.75 | 104.40 |
At 22.5, P/E is near its 20-year median — higher than 39% of readings in its 20-year history.
20-year low
0.7
median
24.9
20-year high
325.0
Trailing P/E
22.5
Forward P/E
24.7
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$61.75
Forward EPS (Est.)
$2.50
Forward P/E
24.67
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-09-11 | 22.40 |
| 2026-09-10 | 22.18 |
| 2026-09-09 | 22.25 |
| 2026-09-08 | 22.53 |
| 2026-09-04 | 22.57 |
| 2026-09-03 | 22.52 |
| 2026-09-02 | 22.50 |
| 2026-09-01 | 22.78 |
| 2026-08-31 | 22.58 |
| 2026-08-28 | 22.61 |
| 2026-08-27 | 22.77 |
| 2026-08-26 | 22.94 |
| 2026-08-25 | 23.17 |
| 2026-08-24 | 23.15 |
| 2026-08-21 | 22.97 |
| 2026-08-20 | 22.85 |
| 2026-08-19 | 22.91 |
| 2026-08-18 | 22.76 |
| 2026-08-17 | 22.96 |
| 2026-08-14 | 22.95 |
| 2026-08-13 | 23.11 |
| 2026-08-12 | 23.12 |
| 2026-08-11 | 22.99 |
| 2026-08-10 | 23.00 |
| 2026-08-07 | 23.22 |
| 2026-08-06 | 23.14 |
| 2026-08-05 | 23.42 |
| 2026-08-04 | 23.41 |
| 2026-08-03 | 23.91 |
| 2026-07-31 | 24.03 |
| 2026-07-30 | 24.08 |
| 2026-07-29 | 23.84 |
| 2026-07-28 | 24.15 |
| 2026-07-27 | 24.26 |
| 2026-07-24 | 24.45 |
| 2026-07-23 | 25.71 |
| 2026-07-22 | 26.24 |
| 2026-07-21 | 26.53 |
| 2026-07-20 | 26.43 |
| 2026-07-17 | 26.69 |
| 2026-07-16 | 26.62 |
| 2026-07-15 | 25.54 |
| 2026-07-14 | 25.10 |
| 2026-07-13 | 25.23 |
| 2026-07-10 | 25.20 |
| 2026-07-09 | 25.15 |
| 2026-07-08 | 25.05 |
| 2026-07-07 | 24.97 |
| 2026-07-06 | 24.43 |
| 2026-07-02 | 24.19 |
| 2026-07-01 | 23.88 |
| 2026-06-30 | 23.76 |
| 2026-06-29 | 24.56 |
| 2026-06-26 | 24.64 |
| 2026-06-25 | 24.47 |
| 2026-06-24 | 24.58 |
| 2026-06-23 | 24.66 |
| 2026-06-22 | 24.47 |
| 2026-06-18 | 23.95 |
| 2026-06-17 | 23.53 |
| 2026-06-16 | 24.34 |
| 2026-06-15 | 24.56 |
| 2026-06-12 | 24.64 |
| 2026-06-11 | 24.34 |
| 2026-06-10 | 24.19 |
| 2026-06-09 | 24.39 |
| 2026-06-08 | 23.60 |
| 2026-06-05 | 23.87 |
| 2026-06-04 | 23.91 |
| 2026-06-03 | 23.41 |
| 2026-06-02 | 23.28 |
| 2026-06-01 | 23.14 |
| 2026-05-29 | 23.98 |
| 2026-05-28 | 24.25 |
| 2026-05-27 | 24.44 |
| 2026-05-26 | 24.82 |
| 2026-05-22 | 24.53 |
| 2026-05-21 | 24.20 |
| 2026-05-20 | 24.14 |
| 2026-05-19 | 23.89 |
| 2026-05-18 | 23.84 |
| 2026-05-15 | 23.58 |
| 2026-05-14 | 23.77 |
| 2026-05-13 | 23.98 |
| 2026-05-12 | 24.18 |
| 2026-05-11 | 24.18 |
| 2026-05-08 | 24.32 |
| 2026-05-07 | 24.19 |
| 2026-05-06 | 24.23 |
| 2026-05-05 | 23.93 |
| 2026-05-04 | 23.67 |
| 2026-05-01 | 24.09 |
| 2026-04-30 | 24.03 |
| 2026-04-29 | 23.79 |
| 2026-04-28 | 24.22 |
| 2026-04-27 | 24.06 |
| 2026-04-24 | 32.99 |
| 2026-04-23 | 33.79 |
| 2026-04-22 | 34.06 |
| 2026-04-21 | 33.98 |
| 2026-04-20 | 34.62 |
| 2026-04-17 | 34.27 |
| 2026-04-16 | 33.55 |
| 2026-04-15 | 32.97 |
| 2026-04-14 | 32.85 |
| 2026-04-13 | 32.49 |
| 2026-04-10 | 32.62 |
| 2026-04-09 | 32.51 |
| 2026-04-08 | 32.38 |
| 2026-04-07 | 31.75 |
| 2026-04-06 | 31.42 |
| 2026-04-02 | 31.54 |
| 2026-04-01 | 31.53 |
| 2026-03-31 | 31.10 |
| 2026-03-30 | 30.78 |
| 2026-03-27 | 30.74 |
| 2026-03-26 | 31.27 |
| 2026-03-25 | 31.34 |
| 2026-03-24 | 31.06 |
| 2026-03-23 | 31.22 |
| 2026-03-20 | 30.65 |
| 2026-03-19 | 31.63 |
| 2026-03-18 | 32.25 |
| 2026-03-17 | 32.71 |
| 2026-03-16 | 32.79 |
| 2026-03-13 | 32.32 |
| 2026-03-12 | 32.35 |
| 2026-03-11 | 32.82 |
| 2026-03-10 | 32.87 |
| 2026-03-09 | 32.54 |
| 2026-03-06 | 32.18 |
| 2026-03-05 | 33.01 |
| 2026-03-04 | 33.58 |
| 2026-03-03 | 33.69 |
| 2026-03-02 | 34.14 |
| 2026-02-27 | 33.95 |
| 2026-02-26 | 34.13 |
| 2026-02-25 | 33.60 |
| 2026-02-24 | 33.45 |
| 2026-02-23 | 33.33 |
| 2026-02-20 | 33.38 |
| 2026-02-19 | 32.65 |
| 2026-02-18 | 32.47 |
| 2026-02-17 | 32.28 |
| 2026-02-13 | 31.68 |
| 2026-02-12 | 31.19 |
| 2026-02-11 | 33.17 |
| 2026-02-10 | 33.60 |
| 2026-02-09 | 33.31 |
| 2026-02-06 | 33.40 |
| 2026-02-05 | 33.38 |
| 2026-02-04 | 32.65 |
| 2026-02-03 | 32.56 |
| 2026-02-02 | 32.13 |
| 2026-01-30 | 32.42 |
| 2026-01-29 | 32.50 |
| 2026-01-28 | 31.77 |
| 2026-01-27 | 32.08 |
| 2026-01-26 | 31.89 |
| 2026-01-23 | 32.08 |
| 2026-01-22 | 31.96 |
| 2026-01-21 | 32.70 |
| 2026-01-20 | 32.87 |
| 2026-01-16 | 33.46 |
| 2026-01-15 | 33.13 |
| 2026-01-14 | 33.04 |
| 2026-01-13 | 33.02 |
| 2026-01-12 | 32.89 |
| 2026-01-09 | 33.08 |
| 2026-01-08 | 32.90 |
| 2026-01-07 | 32.59 |
| 2026-01-06 | 32.27 |
| 2026-01-05 | 32.60 |
| 2026-01-02 | 32.35 |
| 2025-12-31 | 31.99 |
| 2025-12-30 | 32.48 |
| 2025-12-29 | 32.41 |
| 2025-12-26 | 32.56 |
| 2025-12-24 | 32.64 |
| 2025-12-23 | 32.02 |
| 2025-12-22 | 32.30 |
| 2025-12-19 | 32.46 |
| 2025-12-18 | 32.62 |
| 2025-12-17 | 32.74 |
| 2025-12-16 | 32.41 |
| 2025-12-15 | 32.59 |
| 2025-12-12 | 32.51 |
| 2025-12-11 | 32.98 |
| 2025-12-10 | 32.73 |
| 2025-12-09 | 31.97 |
| 2025-12-08 | 32.06 |
| 2025-12-05 | 32.32 |
| 2025-12-04 | 31.72 |
| 2025-12-03 | 31.25 |
| 2025-12-02 | 31.51 |
| 2025-12-01 | 31.85 |
| 2025-11-28 | 31.98 |
| 2025-11-26 | 32.13 |
| 2025-11-25 | 31.85 |
| 2025-11-24 | 31.60 |
| 2025-11-21 | 31.46 |
| 2025-11-20 | 30.88 |
| 2025-11-19 | 30.72 |
| 2025-11-18 | 31.20 |
| 2025-11-17 | 31.11 |
| 2025-11-14 | 31.13 |
| 2025-11-13 | 31.32 |
| 2025-11-12 | 31.36 |
| 2025-11-11 | 31.64 |
| 2025-11-10 | 31.30 |
| 2025-11-07 | 31.44 |
| 2025-11-06 | 30.80 |
| 2025-11-05 | 30.91 |
| 2025-11-04 | 30.75 |
| 2025-11-03 | 30.87 |
| 2025-10-31 | 30.88 |
| 2025-10-30 | 31.19 |
| 2025-10-29 | 31.10 |
| 2025-10-28 | 31.37 |
| 2025-10-27 | 31.60 |
| 2025-10-24 | 31.34 |
| 2025-10-23 | 31.13 |
| 2025-10-22 | 31.09 |
| 2025-10-21 | 31.01 |
| 2025-10-20 | 31.31 |
| 2025-10-17 | 26.88 |
| 2025-10-16 | 26.55 |
| 2025-10-15 | 26.18 |
| 2025-10-14 | 25.33 |
| 2025-10-13 | 25.11 |
| 2025-10-10 | 24.52 |
| 2025-10-09 | 25.02 |
| 2025-10-08 | 25.21 |
| 2025-10-07 | 25.20 |
| 2025-10-06 | 25.16 |
| 2025-10-03 | 25.22 |
| 2025-10-02 | 25.12 |
| 2025-10-01 | 25.40 |
| 2025-09-30 | 25.11 |
| 2025-09-29 | 25.14 |
| 2025-09-26 | 25.06 |
| 2025-09-25 | 24.97 |
| 2025-09-24 | 24.94 |
| 2025-09-23 | 25.29 |
| 2025-09-22 | 25.37 |
| 2025-09-19 | 25.22 |
| 2025-09-18 | 25.53 |
| 2025-09-17 | 25.23 |
| 2025-09-16 | 25.38 |
| 2025-09-15 | 25.32 |
| 2025-09-12 | 25.46 |
| 2025-09-11 | 25.68 |
| 2025-09-10 | 24.92 |
| 2025-09-09 | 25.00 |
| 2025-09-08 | 25.43 |
| 2025-09-05 | 25.49 |
| 2025-09-04 | 25.38 |
| 2025-09-03 | 25.30 |
| 2025-09-02 | 25.01 |
| 2025-08-29 | 25.66 |
Showing the most recent 260 of 3,823 data points. The chart above shows the full history.