First Gross Profit vs Non Operating Income Net Other Analysis

FR Stock  USD 46.00  0.04  0.09%   
First Industrial financial indicator trend analysis is much more than just examining First Industrial Realty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Industrial Realty is a good investment. Please check the relationship between First Industrial Gross Profit and its Non Operating Income Net Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Industrial Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Gross Profit vs Non Operating Income Net Other

Gross Profit vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Industrial Realty Gross Profit account and Non Operating Income Net Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between First Industrial's Gross Profit and Non Operating Income Net Other is 0.84. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of First Industrial Realty, assuming nothing else is changed. The correlation between historical values of First Industrial's Gross Profit and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of First Industrial Realty are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Gross Profit i.e., First Industrial's Gross Profit and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Industrial Realty minus its cost of goods sold. It is profit before First Industrial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Non Operating Income Net Other

Most indicators from First Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Industrial Realty current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Industrial Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, First Industrial's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 04/28/2024, Enterprise Value is likely to grow to about 9.6 B, while Selling General Administrative is likely to drop slightly above 33.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit345.0M396.3M448.4M305.9M
Total Revenue476.3M539.9M614.0M396.4M

First Industrial fundamental ratios Correlations

0.950.98-0.280.930.410.830.580.810.950.910.97-0.280.330.7-0.320.610.990.610.770.850.810.810.090.790.28
0.950.87-0.160.990.250.780.560.790.980.881.0-0.160.480.69-0.480.490.950.490.70.840.70.79-0.10.740.09
0.980.87-0.330.840.450.790.530.80.870.890.9-0.330.240.66-0.210.670.970.670.730.830.820.790.20.760.41
-0.28-0.16-0.33-0.15-0.15-0.62-0.18-0.44-0.11-0.32-0.21.00.04-0.50.05-0.2-0.23-0.2-0.59-0.4-0.54-0.41-0.11-0.13-0.2
0.930.990.84-0.150.220.770.520.770.960.870.99-0.150.50.71-0.510.40.930.40.690.830.660.78-0.140.710.05
0.410.250.45-0.150.220.440.8-0.110.290.040.32-0.15-0.620.410.620.450.410.450.64-0.070.59-0.140.80.760.07
0.830.780.79-0.620.770.440.640.70.780.770.82-0.620.270.74-0.340.470.780.470.960.710.880.70.010.670.2
0.580.560.53-0.180.520.80.640.120.580.270.59-0.18-0.210.510.190.590.560.590.770.180.70.110.40.86-0.12
0.810.790.8-0.440.77-0.110.70.120.750.960.78-0.440.670.55-0.650.430.790.430.520.980.611.0-0.30.330.42
0.950.980.87-0.110.960.290.780.580.750.880.98-0.110.480.56-0.460.570.940.570.690.790.720.76-0.090.790.18
0.910.880.89-0.320.870.040.770.270.960.880.88-0.320.640.55-0.620.520.890.520.610.960.70.97-0.240.50.42
0.971.00.9-0.20.990.320.820.590.780.980.88-0.20.430.71-0.430.530.960.530.750.830.750.78-0.040.780.13
-0.28-0.16-0.331.0-0.15-0.15-0.62-0.18-0.44-0.11-0.32-0.20.04-0.50.05-0.2-0.23-0.2-0.59-0.4-0.54-0.41-0.11-0.13-0.2
0.330.480.240.040.5-0.620.27-0.210.670.480.640.430.040.05-0.970.040.30.040.040.640.130.7-0.88-0.130.19
0.70.690.66-0.50.710.410.740.510.550.560.550.71-0.50.05-0.140.160.70.160.770.610.640.530.20.52-0.16
-0.32-0.48-0.210.05-0.510.62-0.340.19-0.65-0.46-0.62-0.430.05-0.97-0.140.09-0.280.09-0.12-0.64-0.1-0.690.90.14-0.08
0.610.490.67-0.20.40.450.470.590.430.570.520.53-0.20.040.160.090.61.00.440.40.680.420.320.650.43
0.990.950.97-0.230.930.410.780.560.790.940.890.96-0.230.30.7-0.280.60.60.730.840.760.780.130.80.25
0.610.490.67-0.20.40.450.470.590.430.570.520.53-0.20.040.160.091.00.60.440.40.680.420.320.650.43
0.770.70.73-0.590.690.640.960.770.520.690.610.75-0.590.040.77-0.120.440.730.440.550.880.510.210.750.11
0.850.840.83-0.40.83-0.070.710.180.980.790.960.83-0.40.640.61-0.640.40.840.40.550.610.98-0.280.390.36
0.810.70.82-0.540.660.590.880.70.610.720.70.75-0.540.130.64-0.10.680.760.680.880.610.60.220.740.4
0.810.790.79-0.410.78-0.140.70.111.00.760.970.78-0.410.70.53-0.690.420.780.420.510.980.6-0.350.310.41
0.09-0.10.2-0.11-0.140.80.010.4-0.3-0.09-0.24-0.04-0.11-0.880.20.90.320.130.320.21-0.280.22-0.350.450.05
0.790.740.76-0.130.710.760.670.860.330.790.50.78-0.13-0.130.520.140.650.80.650.750.390.740.310.450.07
0.280.090.41-0.20.050.070.2-0.120.420.180.420.13-0.20.19-0.16-0.080.430.250.430.110.360.40.410.050.07
Click cells to compare fundamentals

First Industrial Account Relationship Matchups

First Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.8B4.2B5.0B5.2B3.1B
Short Long Term Debt Total1.5B1.6B1.6B2.1B2.2B1.5B
Total Stockholder Equity1.8B1.9B2.2B2.5B2.6B1.3B
Net Debt1.5B1.5B1.6B2.0B2.2B1.5B
Retained Earnings(370.8M)(306.3M)(178.3M)23.1M127.7M134.1M
Non Currrent Assets Other3.1B3.3B3.8B4.4B4.7B4.9B
Other Assets128.3M3.6B291.014.6B5.3B5.6B
Common Stock Shares Outstanding126.7M127.9M129.8M132.1M132.3M79.2M
Liabilities And Stockholders Equity3.5B3.8B4.2B5.0B5.2B3.1B
Non Current Liabilities Total1.4B1.7B1.7B2.1B2.1B1.6B
Other Stockholder Equity2.2B2.3B2.4B2.5B2.4B1.7B
Total Liab1.7B1.8B1.9B2.4B2.5B1.8B
Other Current Liab30.6M33.7M(61.4M)(58.9M)(62.5M)(59.4M)
Total Current Liabilities303.2M154.0M269.3M363.1M486.6M283.1M
Accounts Payable114.6M120.3M153.1M178.9M143.4M133.5M
Cash21.1M162.1M58.6M133.2M43.8M34.1M
Non Current Assets Total3.1B3.4B3.9B4.5B4.8B2.7B
Cash And Short Term Investments21.1M162.1M58.6M133.2M43.8M34.1M
Net Receivables86.2M90.3M103.8M130.1M155.0M162.8M
Common Stock Total Equity1.3M1.3M1.3M1.3M1.5M855.3K
Total Current Assets421.8M424.9M318.7M475.3M402.1M422.3M
Accumulated Other Comprehensive Income(6.9M)(17.0M)(4.2M)33.4M22.3M23.4M
Common Stock1.3M1.3M1.3M1.3M1.3M876.7K
Other Liab69.4M73.2M107.8M115.3M103.8M75.0M
Long Term Debt1.3B1.6B1.5B1.9B1.9B1.7B
Other Current Assets(239.0M)(289.9M)(162.6M)200.1M203.3M213.4M
Inventory59.5M1.015.7M318.8M11.9M0.95
Intangible Assets28.5M25.2M21.3M24.1M21.5M34.5M
Net Tangible Assets1.7B1.9B2.0B2.4B2.8B1.6B
Noncontrolling Interest In Consolidated Entity33.9M44.6M53.6M71.1M64.0M109.9M
Retained Earnings Total Equity(370.8M)(306.3M)(178.3M)23.1M26.6M27.9M
Long Term Debt Total1.3B1.6B1.5B1.9B2.2B1.5B
Capital Surpluse2.1B2.2B2.4B2.4B2.8B2.3B
Long Term Investments18.2M61.4M36.0M8.8M44.7M29.2M
Non Current Liabilities Other34.3M33.9M31.8M37.4M43.0M22.3M
Short Term Debt158M261.9M79M143M299M163.5M
Property Plant Equipment3.0B3.3B3.8B4.4B5.1B3.0B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether First Industrial Realty is a strong investment it is important to analyze First Industrial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Industrial's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Industrial Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for First Stock analysis

When running First Industrial's price analysis, check to measure First Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Industrial is operating at the current time. Most of First Industrial's value examination focuses on studying past and present price action to predict the probability of First Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Industrial's price. Additionally, you may evaluate how the addition of First Industrial to your portfolios can decrease your overall portfolio volatility.
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Bonds Directory
Find actively traded corporate debentures issued by US companies
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Content Syndication
Quickly integrate customizable finance content to your own investment portal
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Is First Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Industrial. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.231
Dividend Share
1.33
Earnings Share
2.17
Revenue Per Share
4.72
Quarterly Revenue Growth
0.04
The market value of First Industrial Realty is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Industrial's value that differs from its market value or its book value, called intrinsic value, which is First Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Industrial's market value can be influenced by many factors that don't directly affect First Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.