First Industrial Realty Trust profit margin FR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 48.0%
- Net margin on a year earlier
- +9.3 pts
- Peer median
- 30.0%
Over the twelve months to Jun 30, 2026, First Industrial Realty Trust kept 48.0% of its revenue as net profit.
Five years earlier its net margin was 50.6%.
The median for 10 specialty REITs of a similar size is 30.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 34.0% |
| FY2024 | 42.9% |
| FY2023 | 44.8% |
| FY2022 | 66.5% |
| FY2021 | 56.9% |
| FY2020 | 43.7% |
| FY2019 | 56.1% |
| FY2018 | 40.4% |
| FY2017 | 50.8% |
| FY2016 | 32.1% |
| FY2015 | 20.2% |
| FY2014 | 14.3% |
| FY2013 | 12.7% |
| FY2012 | −0.4% |
| FY2011 | −2.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 48.0% | +9.3 pts | |
| Q1 FY26 | 46.0% | +6.9 pts | |
| Q4 FY25 | 34.0% | −8.9 pts | |
| Q3 FY25 | 33.2% | −14.2 pts | |
| Q2 FY25 | 38.7% | −5.8 pts | |
| Q1 FY25 | 39.0% | −6.8 pts | |
| Q4 FY24 | 42.9% | −1.8 pts | |
| Q3 FY24 | 47.3% | +2.8 pts | |
| Q2 FY24 | 44.5% | −9.6 pts | |
| Q1 FY24 | 45.8% | −21.4 pts | |
| Q4 FY23 | 44.8% | −21.8 pts | |
| Q3 FY23 | 44.5% | −31.3 pts |
Against its peers
Companies in REIT - Specialty nearest First Industrial Realty Trust's size, closest first, today.
| Company | Profit margin |
|---|---|
| FRFirst Industrial Realty Trust | 48.0% |
| STAGSTAG Industrial | 28.1% |
| NNNNNN REIT | 40.4% |
| RHPRyman Hospitality Properties | 9.9% |
| ADCAgree Realty | 28.8% |
| BRXBrixmor Property | 30.8% |
| CTRECareTrust REIT | 62.2% |
| EPRTEssential Properties Realty Trust | 43.5% |
| CUBECubeSmart | 29.3% |
| RYNRayonier | 7.8% |
| FRTFederal Realty Investment Trust | 32.7% |
| Peer median | 30.0% |
Where First Industrial Realty Trust ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on First Industrial Realty Trust
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.