
First Industrial Realty Trust Inc
NYSE:FR

Income Statement
Earnings Waterfall
First Industrial Realty Trust Inc
Revenue
|
669.6m
USD
|
Cost of Revenue
|
-182.8m
USD
|
Gross Profit
|
486.8m
USD
|
Operating Expenses
|
-212.9m
USD
|
Operating Income
|
273.9m
USD
|
Other Expenses
|
13.4m
USD
|
Net Income
|
287.3m
USD
|
Income Statement
First Industrial Realty Trust Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
343
N/A
|
349
+2%
|
355
+2%
|
361
+2%
|
366
+1%
|
369
+1%
|
372
+1%
|
373
+0%
|
378
+1%
|
382
+1%
|
387
+1%
|
392
+1%
|
396
+1%
|
399
+1%
|
400
+0%
|
401
+0%
|
404
+1%
|
409
+1%
|
414
+1%
|
420
+2%
|
426
+1%
|
432
+1%
|
437
+1%
|
447
+2%
|
448
+0%
|
454
+1%
|
462
+2%
|
467
+1%
|
476
+2%
|
486
+2%
|
498
+3%
|
517
+4%
|
540
+4%
|
564
+4%
|
586
+4%
|
601
+3%
|
614
+2%
|
627
+2%
|
639
+2%
|
651
+2%
|
670
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(114)
|
(113)
|
(114)
|
(115)
|
(114)
|
(113)
|
(112)
|
(112)
|
(109)
|
(112)
|
(112)
|
(113)
|
(114)
|
(115)
|
(116)
|
(116)
|
(117)
|
(118)
|
(117)
|
(116)
|
(117)
|
(116)
|
(116)
|
(118)
|
(119)
|
(123)
|
(127)
|
(130)
|
(131)
|
(133)
|
(137)
|
(139)
|
(144)
|
(151)
|
(155)
|
(162)
|
(166)
|
(171)
|
(174)
|
(176)
|
(183)
|
|
Gross Profit |
229
N/A
|
236
+3%
|
241
+2%
|
246
+2%
|
252
+2%
|
256
+2%
|
260
+1%
|
261
+1%
|
269
+3%
|
269
+0%
|
274
+2%
|
279
+2%
|
283
+1%
|
285
+1%
|
284
0%
|
285
+0%
|
287
+1%
|
291
+1%
|
298
+2%
|
304
+2%
|
309
+2%
|
316
+2%
|
321
+1%
|
328
+2%
|
329
+0%
|
331
+1%
|
335
+1%
|
337
+1%
|
345
+2%
|
352
+2%
|
362
+3%
|
378
+5%
|
396
+5%
|
413
+4%
|
431
+4%
|
439
+2%
|
448
+2%
|
456
+2%
|
465
+2%
|
475
+2%
|
487
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(135)
|
(136)
|
(136)
|
(137)
|
(139)
|
(143)
|
(144)
|
(144)
|
(144)
|
(142)
|
(142)
|
(144)
|
(144)
|
(144)
|
(144)
|
(143)
|
(144)
|
(145)
|
(146)
|
(148)
|
(150)
|
(152)
|
(156)
|
(161)
|
(162)
|
(163)
|
(163)
|
(163)
|
(166)
|
(168)
|
(172)
|
(176)
|
(181)
|
(188)
|
(193)
|
(196)
|
(200)
|
(204)
|
(207)
|
(210)
|
(213)
|
|
Selling, General & Administrative |
(23)
|
(25)
|
(24)
|
(25)
|
(25)
|
(26)
|
(26)
|
(26)
|
(27)
|
(27)
|
(27)
|
(28)
|
(28)
|
(28)
|
(28)
|
(28)
|
(28)
|
(26)
|
(27)
|
(27)
|
(29)
|
(30)
|
(32)
|
(32)
|
(32)
|
(32)
|
(33)
|
(34)
|
(35)
|
(35)
|
(35)
|
(34)
|
(34)
|
(35)
|
(36)
|
(36)
|
(37)
|
(40)
|
(40)
|
(40)
|
(41)
|
|
Depreciation & Amortization |
(111)
|
(112)
|
(112)
|
(113)
|
(114)
|
(117)
|
(117)
|
(118)
|
(117)
|
(115)
|
(115)
|
(116)
|
(116)
|
(116)
|
(116)
|
(115)
|
(117)
|
(118)
|
(119)
|
(121)
|
(121)
|
(122)
|
(125)
|
(129)
|
(130)
|
(131)
|
(131)
|
(130)
|
(131)
|
(133)
|
(137)
|
(142)
|
(147)
|
(153)
|
(157)
|
(160)
|
(163)
|
(165)
|
(167)
|
(170)
|
(172)
|
|
Operating Income |
94
N/A
|
99
+5%
|
105
+6%
|
109
+4%
|
113
+3%
|
113
+1%
|
116
+2%
|
118
+1%
|
125
+6%
|
128
+2%
|
132
+3%
|
135
+3%
|
139
+2%
|
140
+1%
|
140
N/A
|
142
+1%
|
143
+1%
|
147
+3%
|
152
+4%
|
156
+3%
|
160
+2%
|
164
+3%
|
165
+0%
|
168
+2%
|
167
0%
|
168
+0%
|
172
+2%
|
174
+1%
|
179
+3%
|
184
+3%
|
190
+3%
|
202
+6%
|
215
+7%
|
226
+5%
|
237
+5%
|
243
+2%
|
248
+2%
|
252
+1%
|
258
+2%
|
265
+3%
|
274
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(70)
|
(84)
|
(81)
|
(81)
|
(82)
|
(69)
|
(69)
|
(66)
|
(63)
|
(61)
|
(61)
|
(59)
|
(59)
|
(57)
|
(55)
|
(55)
|
(55)
|
(54)
|
(38)
|
(38)
|
(37)
|
(38)
|
(54)
|
(54)
|
(51)
|
(51)
|
(50)
|
(47)
|
(48)
|
(44)
|
76
|
72
|
62
|
82
|
(44)
|
(49)
|
(49)
|
(80)
|
(83)
|
(84)
|
(84)
|
|
Non-Reccuring Items |
(2)
|
(2)
|
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
(4)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
(0)
|
8
|
10
|
13
|
49
|
48
|
83
|
97
|
68
|
69
|
53
|
60
|
131
|
143
|
148
|
132
|
82
|
61
|
37
|
82
|
125
|
139
|
147
|
101
|
87
|
107
|
121
|
124
|
150
|
116
|
93
|
168
|
128
|
0
|
141
|
92
|
96
|
127
|
120
|
142
|
112
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
128
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
23
N/A
|
21
-6%
|
33
+53%
|
39
+19%
|
77
+97%
|
91
+18%
|
128
+41%
|
147
+14%
|
127
-13%
|
134
+6%
|
122
-9%
|
134
+10%
|
210
+57%
|
224
+7%
|
230
+3%
|
217
-6%
|
167
-23%
|
154
-8%
|
151
-2%
|
200
+32%
|
247
+23%
|
264
+7%
|
257
-3%
|
214
-17%
|
203
-5%
|
225
+11%
|
243
+8%
|
250
+3%
|
282
+13%
|
256
-9%
|
359
+40%
|
442
+23%
|
405
-8%
|
436
+8%
|
335
-23%
|
285
-15%
|
295
+3%
|
298
+1%
|
295
-1%
|
323
+9%
|
302
-6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
(0)
|
(0)
|
(2)
|
(2)
|
(4)
|
(5)
|
(5)
|
(5)
|
(28)
|
(27)
|
(23)
|
(31)
|
(7)
|
(7)
|
(9)
|
(3)
|
(3)
|
(6)
|
(6)
|
|
Income from Continuing Operations |
23
|
21
|
33
|
39
|
77
|
91
|
128
|
146
|
126
|
133
|
120
|
132
|
208
|
222
|
230
|
217
|
167
|
154
|
148
|
197
|
244
|
261
|
257
|
213
|
200
|
222
|
239
|
246
|
277
|
251
|
331
|
415
|
382
|
405
|
328
|
278
|
286
|
295
|
292
|
317
|
296
|
|
Income to Minority Interest |
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(7)
|
(7)
|
(7)
|
(6)
|
(4)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(21)
|
(23)
|
(23)
|
(26)
|
(11)
|
(10)
|
(11)
|
(8)
|
(8)
|
(9)
|
(8)
|
|
Net Income (Common) |
46
N/A
|
46
0%
|
56
+22%
|
49
-13%
|
74
+51%
|
87
+18%
|
123
+41%
|
141
+14%
|
121
-14%
|
128
+6%
|
115
-10%
|
127
+10%
|
201
+58%
|
214
+7%
|
222
+4%
|
210
-6%
|
163
-22%
|
150
-8%
|
145
-4%
|
192
+33%
|
238
+24%
|
255
+7%
|
251
-2%
|
209
-17%
|
196
-6%
|
217
+11%
|
234
+8%
|
240
+3%
|
271
+13%
|
245
-10%
|
310
+27%
|
391
+26%
|
359
-8%
|
379
+5%
|
316
-16%
|
267
-15%
|
275
+3%
|
287
+5%
|
284
-1%
|
308
+9%
|
287
-7%
|
|
EPS (Diluted) |
0.42
N/A
|
0.41
-2%
|
0.5
+22%
|
0.43
-14%
|
0.66
+53%
|
0.75
+14%
|
1.05
+40%
|
1.2
+14%
|
1.05
-13%
|
1.09
+4%
|
0.98
-10%
|
1.07
+9%
|
1.69
+58%
|
1.79
+6%
|
1.78
-1%
|
1.66
-7%
|
1.31
-21%
|
1.19
-9%
|
1.14
-4%
|
1.52
+33%
|
1.88
+24%
|
2.01
+7%
|
1.98
-1%
|
1.64
-17%
|
1.53
-7%
|
1.69
+10%
|
1.81
+7%
|
1.86
+3%
|
2.09
+12%
|
1.87
-11%
|
2.35
+26%
|
2.96
+26%
|
2.72
-8%
|
2.86
+5%
|
2.39
-16%
|
2.02
-15%
|
2.07
+2%
|
2.17
+5%
|
2.15
-1%
|
2.33
+8%
|
2.17
-7%
|