← FIRST INDUSTRIAL REALTY TRUST INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $121.2m |
$201.5m
+66.17%
|
$163.2m
-18.97%
|
$238.8m
+46.27%
|
$196.0m
-17.92%
|
$271.0m
+38.27%
|
$359.1m
+32.52%
|
$274.8m
-23.48%
|
$287.6m
+4.64%
|
$247.4m
-13.95%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $121.2m |
$200.8m
+65.64%
|
$162.7m
-18.97%
|
$238.3m
+46.42%
|
$195.7m
-17.87%
|
$270.7m
+38.34%
|
$358.8m
+32.54%
|
$274.6m
-23.47%
|
$287.3m
+4.65%
|
$247.3m
-13.94%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $125.7m | $208.3m | $167.3m | $243.9m | $200.2m | $277.2m | $381.6m | $285.8m | $296.0m | $264.1m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $4.5m | $6.8m | $4.1m | $5.1m | $4.2m | $6.2m | $22.5m | $11.0m | $8.4m | $16.6m | — | |
| Depreciation and amortization | $28.4m | $29.3m | $27.0m | $28.8m | $35.2m | $31.2m | $32.8m | $34.1m | $37.1m | $46.1m | $203.9m | |
| Amortization of Debt Issuance Costs | $3.2m | $3.2m | $3.4m | $3.2m | $3.4m | $3.4m | $3.2m | $3.6m | $3.6m | $5.0m | — | |
| Depreciation | $95.5m | $94.1m | $94.6m | $98.3m | $102.5m | $107.9m | $119.5m | $130.4m | $139.2m | $148.9m | $155.6m | |
| Amortization Cash Flow | — | — | — | — | — | — | $32.8m | $34.1m | $37.1m | $46.1m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $32.8m | $34.1m | $37.1m | $46.1m | $48.3m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $152.3m | $164.5m | $176.3m | $195.1m | $203.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $5.2m | $2.4m | $6.0m | $4.4m | $5.9m | $5.1m | $2.9m | $2.5m | $2.1m | $1.6m | — | |
| Share-based Payment Arrangement, Expense | $7.4m | $8.6m | $7.6m | $8.4m | $12.9m | $13.7m | $15.7m | $16.7m | $20.1m | $20.3m | — | |
| Income (Loss) from Equity Method Investments | $0 | $0 | ($276k) | $16.2m | $4.2m | ($161k) | $114.9m | $32.2m | $4.3m | $34.7m | — | |
| Nonoperating Income (Expense) | $5.6m | $71.0m | $27.4m | $71.5m | $32.0m | $102.8m | $76.1m | $17.7m | $25.4m | ($63.0m) | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($114.9m) | ($32.2m) | ($4.3m) | ($34.7m) | ($31.4m) | |
| Change In Working Capital | — | — | — | — | — | — | $26.5m | ($6.8m) | $10.7m | $17.7m | $12.6m | |
| Change In Receivables | — | — | — | — | — | — | ($4.9m) | ($2.4m) | ($656k) | ($11.2m) | ($6.3m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($4.9m) | ($2.4m) | ($656k) | ($11.2m) | ($6.3m) | |
| Net Cash Provided by (Used in) Operating Activities | $173.3m |
$191.1m
+10.25%
|
$210.5m
+10.14%
|
$245.5m
+16.65%
|
$240.4m
-2.08%
|
$266.9m
+11.01%
|
$410.9m
+53.97%
|
$304.8m
-25.83%
|
$352.5m
+15.64%
|
$461.3m
+30.86%
|
$449.6m
-2.54%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments for (Proceeds from) Other Investing Activities | — | ($51k) | $3.5m | ($2.2m) | $5.6m | ($61k) | $1.6m | ($2.7m) | ($4.8m) | ($1.6m) | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($563k) | $6.6m | $4.6m | $937k | $1.1m | |
| Net Cash Provided by (Used in) Investing Activities | ($111.0m) | ($96.2m) | ($223.4m) | ($205.4m) | ($251.7m) | ($416.8m) | ($629.1m) | ($378.3m) | ($131.6m) | ($524.2m) | ($274.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $0 | ($1.8m) | ($39k) | $0 | $0 | — | — | — | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $1.2b | $374.0m | $321.0m | $1.2b | $850.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $1.2b | $374.0m | $321.0m | $1.2b | $850.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($725.5m) | ($218.3m) | ($338.3m) | ($874.3m) | ($874.4m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $459.5m | $155.7m | ($17.3m) | $344.4m | $173.6m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $459.5m | $155.7m | ($17.3m) | $344.4m | ($24.4m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($725.5m) | ($218.3m) | ($338.3m) | ($874.3m) | ($874.4m) | |
| Payments of Ordinary Dividends, Common Stock | $82.7m | $100.5m | $109.6m | $117.2m | $127.3m | $139.7m | $155.3m | $169.4m | $193.5m | $231.2m | ($249.2m) | |
| Proceeds from Issuance of Common Stock | $124.9m | $74.9m | $145.6m | $0 | $78.7m | $145.8m | $12.8m | $0 | $0 | — | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($155.3m) | ($169.4m) | ($193.5m) | ($231.2m) | ($249.2m) | |
| Common Stock Issuance | — | — | — | — | — | $145.8m | $12.8m | $0 | $0 | — | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | $145.8m | $12.8m | $0 | $0 | — | $0 | |
| Dividends Payable | $23.4m | $27.0m | $28.8m | $30.6m | $33.7m | $37.2m | $41.3m | $44.2m | $51.2m | $62.7m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($155.3m) | ($169.4m) | ($193.5m) | ($231.2m) | ($249.2m) | |
| Dividend Received CFO | — | — | — | — | — | — | $118.0m | $7.4m | $2.9m | $57.6m | $34.7m | |
| Dividends Received CFI | — | — | — | — | — | — | $29.4m | $0 | $0 | $69.5m | $71.1m | |
| Net Other Financing Charges | — | — | — | — | — | — | ($12.5m) | ($14.1m) | ($2.3m) | ($24.0m) | ($20.6m) | |
| Net Cash Provided by (Used in) Financing Activities | ($56.5m) |
($83.6m)
-48.03%
|
$16.8m
+120.09%
|
$62.2m
+270.36%
|
$58.2m
-6.35%
|
$9.1m
-84.46%
|
$304.5m
+3264.67%
|
($27.8m)
-109.12%
|
($213.0m)
-666.76%
|
$89.3m
+141.90%
|
($96.2m)
-207.74%
|
|
| Beginning Cash Position | — | — | — | — | — | — | $58.8m | $145.1m | $43.8m | $51.7m | $34.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $50.4m | $152.7m | $199.7m | $58.8m | $145.1m | $43.8m | $51.7m | $78.0m | $114.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $63.6m | $56.8m | $47.4m | $47.8m | $48.8m | $44.2m | $46.4m | $72.9m | $82.9m | $69.0m | — | |
| Income Taxes Paid, Net | $1.4m | $769k | $457k | $3.6m | $1.6m | $3.4m | $3.8m | $27.8m | $5.3m | $5.9m | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | $131.3m | $81.6m | $124.9m | $86.8m | $150.3m | $128.3m | $95.7m | $112.0m | $26.9m | — | |
| Gain (Loss) on Sale of Properties | $68.2m | $131.3m | $81.6m | $124.9m | $86.8m | $150.3m | $128.3m | $95.7m | $112.0m | $26.9m | — | |
| General and Administrative Expense | $26.7m | $28.1m | $27.7m | $28.6m | $32.8m | $34.6m | $34.0m | $37.1m | $40.9m | $41.9m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $120.8m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $125.7m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $1.1m | $1.2m | ($92k) | $3.4m | $2.4m | $4.9m | $23.4m | $8.7m | $6.1m | $15.3m | — | |
| Operating Expenses | $256.8m | $257.9m | $263.8m | $266.4m | — | — | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | — | — | $473.2m | $532.2m | $602.3m | $661.0m | $719.2m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($390k) | ($205k) | ($96k) | ($233k) | ($410k) | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | $4.3m | $28k | $103k | $0 | $0 | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $304.6m | ($27.8m) | ($213.1m) | $89.2m | ($96.2m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($629.1m) | ($378.3m) | ($131.6m) | ($524.2m) | ($274.2m) | |
| Change In Account Payable | — | — | — | — | — | — | $31.3m | ($4.4m) | $11.4m | $29.0m | $18.9m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $86.3m | ($101.3m) | $7.8m | $26.4m | — | |
| Change In Payable | — | — | — | — | — | — | $31.3m | ($4.4m) | $11.4m | $29.0m | $18.9m | |
| Changes In Cash | — | — | — | — | — | — | $86.3m | ($101.3m) | $7.8m | $26.4m | $79.2m | |
| End Cash Position | — | — | — | — | — | — | $145.1m | $43.8m | $51.7m | $78.0m | $114.2m | |
| Financing Cash Flow | — | — | — | — | — | — | $304.5m |
($27.8m)
-109.12%
|
($213.1m)
-667.01%
|
$89.2m
+141.86%
|
($96.2m)
-207.83%
|
|
| Free Cash Flow | — | — | — | — | — | — | $410.9m | $304.8m | $352.5m | $461.3m | $449.6m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($128.3m) | ($95.7m) | ($112.0m) | ($26.9m) | ($144.6m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($629.1m) | ($378.3m) | ($131.6m) | ($524.2m) | ($274.2m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($5.6m) | ($12.3m) | ($5.7m) | ($4.4m) | ($439k) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($652.3m) | ($372.6m) | ($130.5m) | ($590.2m) | ($345.9m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($243.2m) | ($127.9m) | ($116.3m) | ($61.6m) | ($176.0m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($24.3m) | ($18.3m) | ($17.2m) | ($11.6m) | — | |
| Purchase Of Business | — | — | — | — | — | — | ($5.6m) | ($12.3m) | ($5.7m) | ($4.4m) | ($439k) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($827.7m) | ($493.0m) | ($289.4m) | ($630.3m) | ($529.6m) | |
| Sale Of Investment Properties | — | — | — | — | — | — | $175.4m | $120.4m | $158.9m | $40.0m | $183.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.