FR First Industrial Realty Trust PE ratio, current and historical analysis

The current P/E ratio for First Industrial Realty Trust stock as of Apr 1, 2025 is 24.84. This is calculated based on the TTM EPS of $2.17 and the stock price of $53.91 per share. The PE ratio has increased by 7% from its last 4 quarters average of 23.3.

FR PE ratio history

How has FR's PE ratio performed in the past

The average historical PE ratio of First Industrial Realty Trust for the last ten years is 25.02. The current price-to-earnings ratio of 24.84 is in line with the historical average. Analyzing the last ten years, FR's PE ratio reached its highest point in the Sep 2015 quarter at 46.56, when the price was $20.95 and the EPS was $0.45. The lowest point was recorded in the Sep 2022 quarter, when it reached 15.04 with a price of $44.81 and an EPS of $2.98.

Today
24.84
Average
25.02
Median
24.12
Minimum
15.04
Maximum
46.56

First Industrial Realty Trust PE ratio by year

Maximum annual increase: 42.73% in 2023

Maximum annual decrease: -43.98% in 2022

Year PE ratio PE change Price EPS
2024 23.1 -8.77% $50.13 $2.17
2023 25.32 42.73% $52.67 $2.08
2022 17.74 -43.98% $48.26 $2.72
2021 31.67 15% $66.2 $2.09
2020 27.54 25.41% $42.13 $1.53
2019 21.96 -0.32% $41.51 $1.89
2018 22.03 19.02% $28.86 $1.31
2017 18.51 -30.7% $31.47 $1.7
2016 26.71 -19.13% $28.05 $1.05
2015 33.03 -32.52% $22.13 $0.67
2014 48.95 -32.68% $20.56 $0.42
2013 72.71 N/A $17.45 $0.24
2012 N/A N/A $14.08 -$0.24
2011 N/A N/A $10.23 -$0.34
2010 N/A N/A $8.76 -$3.53

First Industrial Realty Trust PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 23.1 -3.43% $50.13 $2.17
Sep 2024 23.92 8.73% $55.98 $2.34
Jun 2024 22 -8.71% $47.51 $2.16
Mar 2024 24.1 -4.82% $52.54 $2.18
Dec 2023 25.32 7.47% $52.67 $2.08
Sep 2023 23.56 6.95% $47.59 $2.02
Jun 2023 22.03 18.82% $52.64 $2.39
Mar 2023 18.54 4.51% $53.2 $2.87
Dec 2022 17.74 17.95% $48.26 $2.72
Sep 2022 15.04 -24.91% $44.81 $2.98
Jun 2022 20.03 -39.17% $47.48 $2.37
Mar 2022 32.93 3.98% $61.91 $1.88
Dec 2021 31.67 13.11% $66.2 $2.09
Sep 2021 28 -2.98% $52.08 $1.86
Jun 2021 28.86 6.53% $52.23 $1.81

FR average PE ratio chart

What is the average PE ratio of FR for the past years

FR's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.

3-year avg
21.4
5-year avg
23.94
10-year avg
25.02
15-year avg
29.15

FR PE vs peers

What is FR's PE ratio compared to its peers

When compared to its peer stocks UDR and GEO, FR's PE ratio is lower.

Stock name PE ratio Market cap
FR First Industrial Realty Trust Inc 24.84 $7.14B
ALX Alexanders Inc 24.91 $1.08B
UE Urban Edge Properties 31.68 $2.38B
GEO Geo Group Inc 130.13 $4.2B
UDR UDR Inc 173.73 $14.96B

Frequently asked questions

What is First Industrial Realty Trust's PE ratio?

The price to earnings ratio for FR stock as of Apr 1, 2025, stands at 24.84.

What is the 3-year average PE ratio for First Industrial Realty Trust (FR)?

Over the last 3 years, the average PE ratio for FR stock is 21.4.

What is the 5-year average PE ratio for First Industrial Realty Trust (FR)?

Over the last 5 years, the average PE ratio for FR stock is 23.94.

What is the highest PE ratio for FR?

The highest quarterly PE ratio in the last ten years has been 46.56 and it was in the Sep 2015 quarter.

How does the current PE ratio for FR compare to its historical average?

The current PE ratio of FR is 0.7% lower than the 10-year historical average.

How is FR's PE ratio calculated (First Industrial Realty Trust PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 1, 2025), First Industrial Realty Trust's share price is $53.91. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $2.17. Therefore, First Industrial Realty Trust's price to earnings ratio for today is 24.84. PE RATIO(24.84) = STOCK PRICE($53.91) / TTM EPS($2.17)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.