First Industrial Realty Trust (FR) Price to Earnings (2013 - 2026)
First Industrial Realty Trust's (FR) Price to Earnings was 22.32 for Q2 2026, down 5.1% from 23.53 a year earlier and down 0.4% from the prior quarter.
First Industrial Realty Trust (FR) Price to Earnings (2013 - 2026) Analysis & Trends
For FY2025, Price to Earnings at First Industrial Realty Trust was 30.68, up 32.9% from FY2024.
- By year, Price to Earnings came in at 23.09 in FY2024 (-9.0%), 25.38 in FY2023 (+42.8%), 17.77 in FY2022 (-44.8%) and 32.22 in FY2021 (+16.1%).
- The Q2 2026 figure ranks as the lowest quarterly Price to Earnings since Q2 2024.
- Year over year, Price to Earnings gained in five of the last eight quarters, with growth averaging 5.1%.
- The high point for year-over-year Price to Earnings in five years was Q3 2023 (growth of 55.7%); the low point was Q3 2022 (a decline of 46.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.41 (Q1 2026), 30.68 (Q4 2025) and 28.78 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - |
| 10 | First Industrial Realty Trust | 7.88 Bn | 7.97 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.32 |
| Mar 31, 2026 | 22.41 |
| Dec 31, 2025 | 30.68 |
| Sep 30, 2025 | 28.78 |
| Jun 30, 2025 | 23.53 |
| Mar 31, 2025 | 26.76 |
| Dec 31, 2024 | 23.09 |
| Sep 30, 2024 | 24.05 |
| Jun 30, 2024 | 22.16 |
| Mar 31, 2024 | 24.22 |
| Dec 31, 2023 | 25.38 |
| Sep 30, 2023 | 23.55 |
| Jun 30, 2023 | 22.02 |
| Mar 31, 2023 | 18.58 |
| Dec 31, 2022 | 17.77 |
| Sep 30, 2022 | 15.13 |
| Jun 30, 2022 | 20.22 |
| Mar 31, 2022 | 33.35 |
| Dec 31, 2021 | 32.18 |
| Sep 30, 2021 | 28.24 |
First Industrial Realty Trust Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=FR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "FR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=FR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();