First Industrial Realty Trust is trading with a PEG ratio of 0.86, based on Jun 22, 2026 data. Dividing the 24.37 PE ratio by the 28.2% earnings growth rate yields this valuation metric.
Historically, First Industrial Realty Trust maintains a PEG ratio averaging 2.15 across the past ten years. At 0.86, today's PEG ratio sits 60% lower than its historical average. The ten years high occurred in the Jun 2023 quarter at 27.54, reflecting maximum valuation relative to growth. The minimum was hit in the Sep 2016 quarter at 0.13, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 30.63 | -13.8% |
| 2024 | 5.37 | 23.1 | 4.3% |
| 2023 | N/A | 25.32 | -23.5% |
| 2022 | 0.59 | 17.74 | 30.1% |
| 2021 | 0.87 | 31.67 | 36.6% |
| 2020 | N/A | 27.54 | -19% |
| 2019 | 0.5 | 21.96 | 44.3% |
| 2018 | N/A | 22.03 | -22.9% |
| 2017 | 0.3 | 18.51 | 61.9% |
| 2016 | 0.47 | 26.71 | 56.7% |
| 2015 | 0.56 | 33.03 | 59.5% |
| 2014 | 0.65 | 48.95 | 75% |
| 2013 | 0.36 | 72.71 | 200% |
| 2012 | N/A | N/A | 29.4% |
| 2011 | N/A | N/A | 90.4% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.79 | 22.34 | 28.2% |
| Dec 2025 | N/A | 30.63 | -13.8% |
| Sep 2025 | N/A | 28.75 | -23.5% |
| Jun 2025 | N/A | 23.48 | -5.1% |
| Mar 2025 | N/A | 26.71 | -7.3% |
| Dec 2024 | 5.37 | 23.1 | 4.3% |
| Sep 2024 | 1.51 | 23.92 | 15.8% |
| Jun 2024 | N/A | 22 | -9.6% |
| Mar 2024 | N/A | 24.1 | -24% |
| Dec 2023 | N/A | 25.32 | -23.5% |
| Sep 2023 | N/A | 23.56 | -32.2% |
| Jun 2023 | 27.54 | 22.03 | 0.8% |
| Mar 2023 | 0.35 | 18.54 | 52.7% |
| Dec 2022 | 0.59 | 17.74 | 30.1% |
| Sep 2022 | 0.25 | 15.04 | 60.2% |
When comparing to historical data, FR's PEG ratio comes in under the 5 and 10-year averages.
First Industrial Realty Trust's PEG of 0.86 is above the Real Estate sector average but below the industry average. In comparison with its Real Estate sector average of 0.7, First Industrial Realty Trust's PEG is 23% higher.
Among its peer stocks UDR and GEO, FR's PEG ratio runs higher.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| GEO Geo Group Inc | 0.02 | $4B |
| UDR UDR Inc | 0.08 | $12.44B |
| FR First Industrial Realty Trust Inc | 0.87 | $8.44B |
| UE Urban Edge Properties | 0.88 | $2.89B |
| ALX Alexanders Inc | N/A | $1.36B |
FR shows a PEG ratio of 0.86, per Jun 22, 2026 data.
Historical data over a 5-year period places FR's average PEG ratio at 3.91.
The Jun 2023 quarter marked the ten years high at 27.54 for FR's PEG ratio.
Compared to the 10-year average, FR's PEG ratio is 60% lower.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth rate (YoY TTM). As of Jun 22, 2026, First Industrial Realty Trust carries a P/E ratio of 24.37. Earnings grew at 28.2% over the TTM period ending Mar 2026. Applying the formula, this yields a price to earnings growth ratio of 0.86. PEG RATIO(0.86) = PE RATIO(24.37) / EPS GROWTH(28.2%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.