First Industrial Realty Trust Inc cash flow statement

In fiscal 2025, First Industrial Realty Trust Inc's operations generated $461m of cash. It returned $231m in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

First Industrial Realty Trust Inc: cash flow statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash from operations	174	193	210	246	240	267	411	305	352	461	441
Depreciation and amortisation	117	116	116	121	130	131	147	163	172	185	200
Stock-based pay	7	9	8	8	13	14	16	17	20	20	22
Dividends paid	83	101	110	117	127	140	155	169	193	231	257
Shares issued	125	75	146	0	79	146	13	0	0	—	—

US$ millions unless shown otherwise. Fiscal quarters.

First Industrial Realty Trust Inc: cash flow statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Cash from operations	77	89	126	125	122	89	114	116
Depreciation and amortisation	44	44	47	46	49	50	50	51
Stock-based pay	4	14	2	2	2	15	3	3

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from First Industrial Realty Trust Inc's SEC filings (10-K and 10-Q), retrieved October 23, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to First Industrial Realty Trust Inc.