FIRST INDUSTRIAL REALTY TRUST, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $727.1M | $669.6M | $614.0M | $539.9M | $476.3M | $448.0M | $426.0M | $404.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $41.9M | $40.9M | $37.1M | $34.0M | $34.6M | $32.8M | $28.6M | $27.7M |
| Operating Income | $244.7M | $297.8M | $262.3M | $290.0M | $282.2M | $198.4M | $281.3M | $218.3M |
| Operating Margin | 33.7% | 44.5% | 42.7% | 53.7% | 59.3% | 44.3% | 66.0% | 54.0% |
| Interest Expense | — | — | — | — | — | — | $50.3M | $50.8M |
| Pretax Income | $244.7M | $297.8M | $262.3M | $290.0M | $282.2M | $198.4M | $231.1M | $167.5M |
| Income Tax Expense | $15.3M | $6.1M | $8.7M | $23.4M | $4.9M | $2.4M | $3.4M | $-92.0K |
| Net Income | $247.4M | $287.6M | $274.8M | $359.1M | $271.0M | $196.0M | $238.8M | $163.2M |
| Net Margin | 34.0% | 42.9% | 44.8% | 66.5% | 56.9% | 43.7% | 56.1% | 40.4% |
| EPS (Basic) | $1.87 | $2.17 | $2.08 | $2.72 | $2.09 | $1.53 | $1.89 | $1.31 |
| EPS (Diluted) | $1.87 | $2.17 | $2.07 | $2.72 | $2.09 | $1.53 | $1.88 | $1.31 |
| Shares Outstanding (Basic) | 132.4M | 132.4M | 132.3M | 132.0M | 129.7M | 127.7M | 126.4M | 123.8M |
| Shares Outstanding (Diluted) | 132.5M | 132.4M | 132.3M | 132.1M | 129.8M | 127.9M | 126.7M | 124.2M |
| Dividends Per Share | $1.78 | $1.48 | $1.28 | $1.18 | $1.08 | $1.00 | $0.92 | $0.87 |