First Industrial Realty Trust Inc
NYSE:FR

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First Industrial Realty Trust Inc
NYSE:FR
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Price: 63.35 USD 0.22% Market Closed
Market Cap: $8.4B

EV/EBITDA

22.4
Current
4%
More Expensive
vs 3-y average of 21.6

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
22.4
=
Enterprise Value
$10.7B
/
EBITDA
$483.7m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
22.4
=
Enterprise Value
$10.7B
/
EBITDA
$483.7m

Valuation Scenarios

First Industrial Realty Trust Inc is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (21.6), the stock would be worth $60.91 (4% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-36%
Maximum Upside
+1%
Average Downside
15%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 22.4 $63.35
0%
3-Year Average 21.6 $60.91
-4%
5-Year Average 22.6 $63.84
+1%
Industry Average 17.6 $49.8
-21%
Country Average 14.4 $40.56
-36%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$10.7B
/
Jan 2026
$483.7m
=
22.4
Current
$10.7B
/
Dec 2026
$554.3m
=
19.3
Forward
$10.7B
/
Dec 2027
$596.1m
=
17.9
Forward
$10.7B
/
Dec 2028
$634.1m
=
16.8
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
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Market Distribution

Higher than 71% of companies in the United States of America
Percentile
71st
Based on 9 875 companies
71st percentile
22.4
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

First Industrial Realty Trust Inc
Glance View

First Industrial Realty Trust Inc., a prominent player in the world of industrial real estate, operates with a strategic focus on acquiring, developing, and managing a portfolio of logistics facilities. Since its inception, First Industrial has carved out a niche by concentrating on strategically located properties that support supply chain dynamics in key North American markets. The company expertly navigates the intricate landscape of industrial real estate by leveraging its expertise in property selection, targeting areas near major transportation hubs and densely populated urban regions. This approach not only ensures high occupancy rates but also positions the company to capitalize on the steady demand for warehousing and distribution spaces driven by the surge in e-commerce and global trade. The firm further distinguishes itself by embracing a diversified portfolio strategy, which helps it mitigate risks associated with fluctuations in regional economic conditions. Revenue generation for First Industrial flows from leasing its properties to a diverse array of tenants, ranging from small businesses to Fortune 500 companies, ensuring a stable cash flow. Its value proposition is underscored by a commitment to customer service, offering flexible and adaptive leasing solutions tailored to the unique needs of its clients. By continuously enhancing its properties and embracing sustainability initiatives, First Industrial not only attracts and retains tenants but also increases the intrinsic value of its holdings, thereby driving shareholder value over the long term.

FR Intrinsic Value
50.76 USD
Overvaluation 20%
Intrinsic Value
Price $63.35
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