First Industrial Realty Trust, Inc.
$11.02B- Market cap
- $8.20B
- Debt
- +$2.90B
- Cash
- −$78.03M
Capital structure 74% equity / 26% debt · EV / Revenue 15.16x · EV / EBITDA 22.69x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: FR stock price vs BN: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at BN's multiple
Needs BN P/E.
Implied fair value · at FR's multiple
Needs EPS (TTM), FR P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: FR FY 2025 (ended Dec 31, 2025) · BN FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 74% equity / 26% debt · EV / Revenue 15.16x · EV / EBITDA 22.69x
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
FIRST INDUSTRIAL REALTY TRUST, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
BROOKFIELD CORPORATION · implied price per share
The ordinary-share to listed-security ratio could not be verified.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
1.09x
—
Net debt / EBITDA
Leverage against operating earnings
5.81x
95.68x
Cash and equivalents
Liquid reserves on the balance sheet
$78.03M
$16.24B
Total debt
Interest-bearing obligations outstanding
$2.90B
$325.77B
Comparable set
Where the pair sits against the wider comparable set.
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