First Industrial Realty Trust Inc (FR) — Financial Flexibility Index

Latest as of June 2026: 0.06x

First Industrial Realty Trust Inc (FR) has a Financial Flexibility Index of 0.06x as of June 2026. Free cash flow of $174.98 Million (operating CF $113.97 Million minus capex $61.01 Million) represents 0% of total liabilities ($2.91 Billion). Check First Industrial Realty Trust Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

$174.98 Million
Operating CF − Capex

Total Liabilities

$2.91 Billion
USD

Capital Expenditures

$61.01 Million
USD

First Industrial Realty Trust Inc Financial Flexibility Index (1994–2025)

Historical Financial Flexibility Index trend for First Industrial Realty Trust Inc across 32 annual periods. For the full cash flow conversion analysis, see First Industrial Realty Trust Inc cash flow conversion.

Annual Financial Flexibility Index for First Industrial Realty Trust Inc (1994–2025)

Year-by-year free cash flow to debt coverage for First Industrial Realty Trust Inc. Explore FR cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.28x $807.79 Million $461.34 Million $2.93 Billion ▲ +22.6%
2024 0.23x $565.98 Million $350.42 Million $2.52 Billion ▼ -13.9%
2023 0.26x $664.23 Million $302.31 Million $2.54 Billion ▼ -48.8%
2022 0.51x $1.24 Billion $410.90 Million $2.42 Billion ▲ +97.2%
2021 0.26x $500.21 Million $267.03 Million $1.93 Billion ▲ +18.8%
2020 0.22x $402.20 Million $241.08 Million $1.84 Billion ▼ -24.9%
2019 0.29x $499.83 Million $245.62 Million $1.72 Billion ▼ -24.9%
2018 0.39x $565.74 Million $210.50 Million $1.46 Billion ▲ +67.9%
2017 0.23x $337.43 Million $191.43 Million $1.47 Billion ▼ -1.7%
2016 0.23x $353.33 Million $173.34 Million $1.51 Billion ▼ -22.2%
2015 0.30x $480.22 Million $162.15 Million $1.59 Billion ▲ +26.9%
2014 0.24x $353.75 Million $137.18 Million $1.49 Billion ▲ +7.7%
2013 0.22x $314.06 Million $125.75 Million $1.43 Billion ▲ +17.2%
2012 0.19x $274.87 Million $136.42 Million $1.46 Billion ▲ +68.2%
2011 0.11x $178.06 Million $87.53 Million $1.59 Billion ▲ +20.0%
2010 0.09x $172.93 Million $83.19 Million $1.86 Billion ▲ +39.5%
2009 0.07x $142.18 Million $142.18 Million $2.13 Billion ▼ -77.2%
2008 0.29x $654.60 Million $71.19 Million $2.24 Billion ▼ -17.0%
2007 0.35x $770.20 Million $92.74 Million $2.18 Billion ▼ -17.3%
2006 0.43x $873.39 Million $59.55 Million $2.05 Billion ▼ -11.2%
2005 0.48x $970.06 Million $49.35 Million $2.02 Billion ▲ +45.9%
2004 0.33x $563.05 Million $77.66 Million $1.71 Billion ▲ +27.2%
2003 0.26x $411.92 Million $99.56 Million $1.59 Billion ▼ -13.1%
2002 0.30x $469.00 Million $131.60 Million $1.58 Billion ▼ -21.3%
2001 0.38x $547.10 Million $147.09 Million $1.45 Billion ▼ -20.7%
2000 0.48x $654.33 Million $160.24 Million $1.37 Billion ▲ +48.3%
1999 0.32x $410.33 Million $176.90 Million $1.28 Billion ▼ -45.6%
1998 0.59x $774.12 Million $149.10 Million $1.31 Billion ▼ -19.6%
1997 0.73x $930.51 Million $102.64 Million $1.27 Billion ▲ +2.8%
1996 0.72x $319.78 Million $62.62 Million $447.18 Million ▲ +141.6%
1995 0.30x $126.40 Million $38.50 Million $427.00 Million ▲ +15.0%
1994 0.26x $96.50 Million $23.60 Million $374.90 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities