First Industrial Realty Trust EV/EBIT FR

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2012.

Today, Oct 23, 2026: 34.9×
10-year median: 33.7×
Against its 10-year history: 60th; percentile: 0 is its lowest day, 100 its highest
10-year range: 25.3× to 52.9×
Peer median: 22.9×

First Industrial Realty Trust's EV/EBIT is 34.9× as of Oct 23, 2026.

That is above its ten-year median of 33.7×, close to the middle of its last ten years.

Over that time it ranged from 25.3× in Mar 2019 to 52.9× in Apr 2022.

The median for 10 specialty REITs of a similar size is 22.9×.

EV/EBIT over time

median 33.7×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	34.9×	34.9×	45.2×
2025	43.1×	27.2×	43.1×
2024	28.0×	28.0×	36.5×
2023	35.7×	25.3×	36.1×
2022	31.8×	29.9×	52.9×
2021	41.7×	29.6×	41.7×
2020	33.1×	26.4×	38.5×
2019	33.6×	25.3×	35.6×
2018	25.5×	25.5×	38.3×
2017	38.7×	37.3×	46.3×
2016	46.0×	30.6×	48.0×
2015	32.8×	31.0×	42.5×
2014	41.3×	38.9×	44.2×
2013	41.5×	21.8×	43.7×
2012	21.2×	19.3×	41.0×

Against its peers

Companies in REIT - Specialty nearest First Industrial Realty Trust's size, closest first, today.

Company	EV/EBIT
FRFirst Industrial Realty Trust	34.9×
STAGSTAG Industrial	26.5×
NNNNNN REIT	21.9×
RHPRyman Hospitality Properties	22.1×
ADCAgree Realty	32.7×
BRXBrixmor Property	20.7×
CTRECareTrust REIT	23.7×
EPRTEssential Properties Realty Trust	21.5×
CUBECubeSmart	37.4×
RYNRayonier	97.0×
FRTFederal Realty Investment Trust	22.1×
Peer median	22.9×

Where First Industrial Realty Trust ranks

#76of 116Specialty REITs with the lowest EV/EBIT

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on First Industrial Realty Trust

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.