FR FY 2016 Earnings Report — First Industrial Realty Trust, Inc. Revenue & Financial Results | Market Cap Arena

First Industrial Realty Trust, Inc.FR

FY 2016 Earnings

Reported February 24, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$378M	—	—	—	—
Op. Income	$239M	—	—	—	—
Gross Margin	70.2%	—	—	—	—
Net Margin	32.1%	—	—	—	—
EPS (Diluted)	$1.05	—	—	—	—
Free Cash Flow	-$7M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$378M
Cost of Revenue	$113M
GROSS PROFIT	$265M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$27M
SG&A Expenses	$27M
Other Expenses	$0
Operating Expenses	$27M
Cost & Expenses	$140M
OPERATING INCOME	$239M
Interest Income	$0
Interest Expense	$59M
Other Income/Expenses	-$112M
INCOME BEFORE TAX	$127M
Income Tax Expense	$1M
Net Income from Continuing Ops	$127M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$121M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$121M
D&A	$124M
EBIT	$121M
EBITDA	$245M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$378M
Cost of Revenue	$113M
GROSS PROFIT	$265M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$27M
SG&A Expenses	$27M
Other Expenses	$0
Operating Expenses	$27M
Cost & Expenses	$140M
OPERATING INCOME	$239M
Interest Income	$0
Interest Expense	$59M
Other Income/Expenses	-$112M
INCOME BEFORE TAX	$127M
Income Tax Expense	$1M
Net Income from Continuing Ops	$127M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$121M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$121M
D&A	$124M
EBIT	$121M
EBITDA	$245M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$121M
Depreciation & Amortization	$124M
Stock-Based Compensation	$28M
Deferred Income Tax	-$96M
Other Non-Cash Items	$3M
Change in Working Capital	-$11M
OPERATING CASH FLOW	$173M
Capital Expenditure	-$180M
Acquisitions (Net)	$0
Purchases of Investments	-$107M
Sales/Maturities of Investments	$163M
Other Investing Activities	-$274M
NET CASH FROM INVESTING	-$111M
Net Debt Issuance	-$93M
Common Stock Repurchased	-$5M
Common Dividends Paid	-$83M
Other Financing Activities	-$375.0K
NET CASH FROM FINANCING	-$56M
FREE CASH FLOW	-$7M
Net Change in Cash	$6M

Balance Sheet

Item	Amount
Cash & Equivalents	$10M
Short-Term Investments	$0
Net Receivables	$72M
Inventory	$0
Other Current Assets	$90M
TOTAL CURRENT ASSETS	$172M
PP&E (Net)	$2.6B
Goodwill	$0
Intangible Assets	$29M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$3M
TOTAL NON-CURRENT ASSETS	$2.6B
TOTAL ASSETS	$2.8B
Account Payables	$84M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$23M
TOTAL CURRENT LIABILITIES	$108M
Long-Term Debt	$1.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$54M
TOTAL NON-CURRENT LIABILITIES	$1.4B
TOTAL LIABILITIES	$1.5B
Common Stock	$1M
Additional Paid-In Capital	$1.9B
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	-$647M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$43M
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$2.8B
Total Debt	$1.3B
Net Debt	$1.3B