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First Industrial Realty Trust (First Industrial Realty Trust) EV-to-EBIT

: 24.65 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, First Industrial Realty Trust's Enterprise Value is $8,299.4 Mil. First Industrial Realty Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $336.7 Mil. Therefore, First Industrial Realty Trust's EV-to-EBIT for today is 24.65.

The historical rank and industry rank for First Industrial Realty Trust's EV-to-EBIT or its related term are showing as below:

FR' s EV-to-EBIT Range Over the Past 10 Years
Min: 17.56   Med: 27.6   Max: 49.71
Current: 24.65

During the past 13 years, the highest EV-to-EBIT of First Industrial Realty Trust was 49.71. The lowest was 17.56. And the median was 27.60.

FR's EV-to-EBIT is ranked worse than
60.14% of 577 companies
in the REITs industry
Industry Median: 19.83 vs FR: 24.65

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. First Industrial Realty Trust's Enterprise Value for the quarter that ended in Dec. 2023 was $9,242.2 Mil. First Industrial Realty Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $336.7 Mil. First Industrial Realty Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.64%.


First Industrial Realty Trust EV-to-EBIT Historical Data

The historical data trend for First Industrial Realty Trust's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Industrial Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.14 27.78 31.72 24.79 27.45

First Industrial Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.79 26.21 24.65 26.05 27.45

Competitive Comparison

For the REIT - Industrial subindustry, First Industrial Realty Trust's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Industrial Realty Trust EV-to-EBIT Distribution

For the REITs industry and Real Estate sector, First Industrial Realty Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where First Industrial Realty Trust's EV-to-EBIT falls into.



First Industrial Realty Trust EV-to-EBIT Calculation

First Industrial Realty Trust's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8299.387/336.657
=24.65

First Industrial Realty Trust's current Enterprise Value is $8,299.4 Mil.
First Industrial Realty Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $336.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Industrial Realty Trust  (NYSE:FR) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

First Industrial Realty Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=336.657/9242.24363
=3.64 %

First Industrial Realty Trust's Enterprise Value for the quarter that ended in Dec. 2023 was $9,242.2 Mil.
First Industrial Realty Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $336.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Industrial Realty Trust EV-to-EBIT Related Terms

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First Industrial Realty Trust (First Industrial Realty Trust) Business Description

Traded in Other Exchanges
Address
One North Wacker Drive, Suite 4200, Chicago, IL, USA, 60606
First Industrial Realty Trust is a real estate investment trust which which owns, manages, acquires, sells, develops and redevelops industrial real estate. First Industrial's real estate portfolio is primarily comprised of light industrial properties, which are split between industrial and office space, and bulk warehouse properties generally located in business parks near transportation hubs. While light industrial buildings represent the largest share of First Industrial's holdings, bulk warehouses make up most of its portfolio's square footage. The company derives the vast majority of its revenue from rental income tied to medium-term leases. First Industrial's customers include manufacturing, retail, wholesale trade, distribution, and professional services companies.
Executives
Scott A Musil officer: Sen VP, Treas, Controller ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Johannson L Yap officer: Chief Investment Officer ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Rice Jennifer Matthews officer: General Counsel 555 EAST LANCASTER AVE, SUITE 100, RADNOR PA 19087
Peter Schultz officer: SVP - Portfolio Management ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Marcus L. Smith director 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
John Rau director MIAMI CORPORATION, 410 N. MICHIGAN AVENUE, ROOM 590, CHICAGO IL 60611
Teresa Bryce Bazemore director CHIMERA INVESTMENT CORPORATION, 520 MADISON AVE, 32ND FL, NEW YORK NY 10022
Bruce W Duncan director, officer: PRESIDENT AND CEO ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Hackett H Patrick Jr director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Denise Olsen director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
David Harker officer: Exec. Director - Investments ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Peter E. Baccile director, officer: President 311 SOUTH WACKER DR., SUITE 3900, CHICAGO IL 60605
Matthew Dominski director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Leonard Peter Sharpe director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Jay H Shidler director THE SHIDLER GROUP, 810 RICHARDS STREET SUITE 1000, HONOLULU HI 96813