First Industrial Realty Trust, Inc. (FR) Quick Ratio (Acid-Test): 1.14
Is First Industrial Realty Trust, Inc.’s quick ratio (acid-test) high or low?
First Industrial Realty Trust, Inc.'s quick ratio (acid-test) of 1.14 is 25% below its 5-year average of 1.51, near the low end of its 5-year range (0.44–3.13).
As of Saturday, June 20, 2026. 44.30% above its 12-month average of 0.79.
FR Quick Ratio (Acid-Test) Chart
FR Average Quick Ratio (Acid-Test) Chart
FR Current vs Average Quick Ratio (Acid-Test) Chart
FR Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.14
QUICK RATIO (ACID-TEST) AVG TTM
0.79
QUICK RATIO (ACID-TEST) AVG 3Y
1.07
QUICK RATIO (ACID-TEST) AVG 5Y
1.51
QUICK RATIO (ACID-TEST) AVG 10Y
1.53
QUICK RATIO (ACID-TEST) AVG 15Y
1.15
QUICK RATIO (ACID-TEST) AVG 20Y
1.05
CURRENT VS TTM AVG
+44.30%
CURRENT VS 3Y AVG
+6.54%
CURRENT VS 5Y AVG
-24.50%
CURRENT VS 10Y AVG
-25.71%
CURRENT VS 15Y AVG
-1.21%
CURRENT VS 20Y AVG
+8.47%
FR Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Industrial Realty Trust, Inc. (FR) | $8.19B | 1.14 | 0.79 | 1.07 | 1.51 |
| NNN REIT, Inc. (NNN)vs › | $8.56B | 0.19 | 1.03 | 0.65 | 4.82 |
| Agree Realty Corporation (ADC)vs › | $8.80B | 0.83 | 0.80 | 0.82 | 0.82 |
| Terreno Realty Corporation (TRNO)vs › | $6.84B | 0.08 | 0.10 | 0.84 | 1.46 |
| Federal Realty Investment Trust (FRT)vs › | $10.40B | 1.02 | 1.09 | 1.17 | 1.44 |
| UDR, Inc. (UDR)vs › | $12.20B | 3.31 | 1.85 | 1.03 | 0.76 |
| Opendoor Technologies Inc. (OPEN)vs › | $3.43B | 4.20 | 2.89 | 7.74 | 5.96 |
| Regency Centers Corporation (REG)vs › | $14.08B | 1.05 | 0.89 | 0.81 | 0.99 |
| Kimco Realty Corporation (KIM)vs › | $16.44B | 1.08 | 2.33 | 4.00 | 5.34 |
| Host Hotels & Resorts, Inc. (HST)vs › | $17.13B | 21.93 | 11.29 | 6.15 | 4.64 |
Liquidity Comparison
Quick Ratio
1.14
Excludes inventory
Current Ratio
1.14
Includes inventory
First Industrial Realty Trust, Inc. Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
First Industrial Realty Trust, Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for First Industrial Realty Trust, Inc. (FR)?
- The quick ratio (acid-test) for FR stock is 1.14.
- Is First Industrial Realty Trust, Inc.'s quick ratio (acid-test) high or low?
- First Industrial Realty Trust, Inc.'s quick ratio (acid-test) of 1.14 is 25% below its 5-year average of 1.51, near the low end of its 5-year range (0.44–3.13).
- What is the TTM average quick ratio (acid-test) for First Industrial Realty Trust, Inc. (FR)?
- The TTM average quick ratio (acid-test) for FR stock is 0.79.
- What is the 3Y average quick ratio (acid-test) for First Industrial Realty Trust, Inc. (FR)?
- The 3Y average quick ratio (acid-test) for FR stock is 1.07.
- What is the 5Y average quick ratio (acid-test) for First Industrial Realty Trust, Inc. (FR)?
- The 5Y average quick ratio (acid-test) for FR stock is 1.51.
- What is the 10Y average quick ratio (acid-test) for First Industrial Realty Trust, Inc. (FR)?
- The 10Y average quick ratio (acid-test) for FR stock is 1.53.
- What is the 15Y average quick ratio (acid-test) for First Industrial Realty Trust, Inc. (FR)?
- The 15Y average quick ratio (acid-test) for FR stock is 1.15.
- What is the 20Y average quick ratio (acid-test) for First Industrial Realty Trust, Inc. (FR)?
- The 20Y average quick ratio (acid-test) for FR stock is 1.05.
First Industrial Realty Trust, Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 1.14 |
| 2024-12-31 | 0.44 |
| 2023-12-31 | 1.28 |
| 2022-12-31 | 1.42 |
| 2021-12-31 | 1.65 |
| 2020-12-31 | 3.13 |
| 2019-12-31 | 1.68 |
| 2018-12-31 | 1.18 |
| 2017-12-31 | 1.76 |
| 2016-12-31 | 1.60 |
| 2015-12-31 | 1.60 |
| 2014-12-31 | 1.54 |
| 2013-12-31 | 1.10 |
| 2012-12-31 | 0.31 |
| 2011-12-31 | 0.18 |
| 2010-12-31 | 0.43 |
| 2009-12-31 | 1.40 |
| 2008-12-31 | 0.07 |
| 2007-12-31 | 0.04 |
| 2006-12-31 | 0.07 |
| 2005-12-31 | 0.05 |
| 2004-12-31 | 0.04 |
| 2003-12-31 | 0.08 |
| 2002-12-31 | 0.08 |
| 2001-12-31 | 0.09 |
| 2000-12-31 | 0.10 |
| 1999-12-31 | 0.09 |
| 1998-12-31 | 0.15 |
| 1997-12-31 | 0.12 |
| 1996-12-31 | 0.25 |
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