Is First Industrial Realty Trust Inc (FR) overvalued? · P/E 24, rev $669.6M
First Industrial Realty Trust Inc (FR) is a reit - industrial company listed on US.
This page asks whether First Industrial Realty Trust Inc (FR) looks expensive on cached numbers — not a short thesis.
Latest reported FR revenue for 2024-12-31 was $669.6M. Net income was $296.0M. Revenue was up 9.1% from 2023-12-31 to 2024-12-31. FR currently screens at market cap $6.71B and trailing P/E 24.5.
FR currently screens at market cap $6.71B and trailing P/E 24.5. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next FR 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the FR stock page for the full model, not this heading.
Not investment advice.