First Industrial Realty Trust vs Rexford Industrial Realty
Rexford Industrial Realty is the larger business, with $1.00bn of revenue in fiscal 2025 against $727m for First Industrial Realty Trust (1.4 times as much). First Industrial Realty Trust grew faster (8.6% against 7.1%). First Industrial Realty Trust kept more of each dollar of sales as profit: a net margin of 34.0% against 21.1%. Rexford Industrial Realty carries less debt relative to equity (38.8% against 96.0%).
| Latest fiscal year | First Industrial Realty TrustFR, 2025 | Rexford Industrial RealtyREXR, 2025 |
|---|---|---|
| Revenue | $727m | $1.00bn |
| Revenue growth | 8.6% | 7.1% |
| Net income | $247m | $212m |
| Operating margin | — | — |
| Net margin | 34.0% | 21.1% |
| Return on equity | 9.3% | 2.5% |
| Free cash flow | — | $209m |
| Cash | $78.0m | $166m |
| Total debt | $2.57bn | $3.28bn |
| Debt to equity | 96.0% | 38.8% |
| Dividend per share | $1.78 | $1.72 |
| Dividend yield | 3.5% | 4.7% |
| Share buybacks | — | $250m |
| Employees | 152 | 242 |
| Market value | $7.27bn | $8.22bn |
| Price vs our value range | — | — |
| Moat score | 78 (Strong) | 44 (Weak) |
| Insider trades, 12 months | 0 buys, 2 sales | 3 buys, 6 sales |