First Industrial Realty Trust Inc (FR) — Cash Flow Quality Index
First Industrial Realty Trust Inc (FR) has a Cash Flow Quality Index of 0.62x as of March 2026. Operating cash flow of $88.91 Million is below net income of $143.10 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how much of First Industrial Realty Trust Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
First Industrial Realty Trust Inc Cash Flow Quality Index (1994–2025)
Historical Cash Flow Quality Index for First Industrial Realty Trust Inc across 29 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check FR tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for First Industrial Realty Trust Inc (1994–2025)
Year-by-year earnings quality comparison for First Industrial Realty Trust Inc. For live market cap and the full company financial profile, see First Industrial Realty Trust Inc market cap and net worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.75x | $461.34 Million | $264.08 Million | ▲ +43.3% |
| 2024 | 1.22x | $350.42 Million | $287.34 Million | ▲ +10.8% |
| 2023 | 1.10x | $302.31 Million | $274.58 Million | ▲ +2.2% |
| 2022 | 1.08x | $410.90 Million | $381.61 Million | ▲ +11.8% |
| 2021 | 0.96x | $267.03 Million | $277.17 Million | ▼ -20.0% |
| 2020 | 1.20x | $241.08 Million | $200.17 Million | ▲ +19.6% |
| 2019 | 1.01x | $245.62 Million | $243.88 Million | ▼ -21.9% |
| 2018 | 1.29x | $210.50 Million | $163.24 Million | ▲ +35.7% |
| 2017 | 0.95x | $191.43 Million | $201.46 Million | ▼ -33.5% |
| 2016 | 1.43x | $173.34 Million | $121.23 Million | ▼ -60.1% |
| 2015 | 3.59x | $162.15 Million | $45.21 Million | ▲ +28.4% |
| 2014 | 2.79x | $137.18 Million | $49.11 Million | ▼ -50.2% |
| 2013 | 5.61x | $125.75 Million | $22.43 Million | ▼ -83.5% |
| 2009 | 33.97x | $142.18 Million | $4.19 Million | ▲ +1865.0% |
| 2008 | 1.73x | $71.19 Million | $41.18 Million | ▲ +189.0% |
| 2007 | 0.60x | $92.74 Million | $155.05 Million | ▲ +12.6% |
| 2006 | 0.53x | $59.55 Million | $112.08 Million | ▼ -6.2% |
| 2005 | 0.57x | $49.35 Million | $87.10 Million | ▼ -19.3% |
| 2004 | 0.70x | $77.66 Million | $110.61 Million | ▼ -86.5% |
| 2003 | 5.21x | $99.56 Million | $19.10 Million | ▲ +95.7% |
| 2002 | 2.66x | $131.60 Million | $49.40 Million | ▲ +23.7% |
| 2001 | 2.15x | $147.09 Million | $68.33 Million | ▲ +58.3% |
| 2000 | 1.36x | $160.24 Million | $117.86 Million | ▼ -4.1% |
| 1999 | 1.42x | $176.90 Million | $124.75 Million | ▼ -28.0% |
| 1998 | 1.97x | $149.10 Million | $75.72 Million | ▲ +26.8% |
| 1997 | 1.55x | $102.64 Million | $66.07 Million | ▼ -5.9% |
| 1996 | 1.65x | $62.62 Million | $37.94 Million | ▼ -47.3% |
| 1995 | 3.13x | $38.50 Million | $12.30 Million | ▲ +26.0% |
| 1994 | 2.48x | $23.60 Million | $9.50 Million | — |