Ftai Infrastructure vs First Industrial Realty Trust
First Industrial Realty Trust is the larger business, with $727m of revenue in fiscal 2025 against $503m for Ftai Infrastructure (1.4 times as much). Ftai Infrastructure grew faster (51.6% against 8.6%). First Industrial Realty Trust kept more of each dollar of sales as profit: a net margin of 34.0% against -41.3%.
| Latest fiscal year | Ftai InfrastructureFIP, 2025 | First Industrial Realty TrustFR, 2025 |
|---|---|---|
| Revenue | $503m | $727m |
| Revenue growth | 51.6% | 8.6% |
| Net income | −$207m | $247m |
| Operating margin | — | — |
| Net margin | -41.3% | 34.0% |
| Return on equity | -185.2% | 9.3% |
| Free cash flow | −$399m | — |
| Cash | $57.4m | $78.0m |
| Total debt | $3.80bn | $2.57bn |
| Debt to equity | — | 96.0% |
| Dividend per share | — | $1.78 |
| Dividend yield | 4.2% | 3.5% |
| Share buybacks | — | — |
| Employees | — | 152 |
| Market value | $336m | $7.27bn |
| Price vs our value range | — | — |
| Moat score | 17 (Weak) | 78 (Strong) |
| Insider trades, 12 months | 1 buys, 0 sales | 0 buys, 2 sales |