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Side-by-side financial comparison of FIRST INDUSTRIAL REALTY TRUST INC (FR) and GOLAR LNG LTD (GLNG). Click either name above to swap in a different company.

FIRST INDUSTRIAL REALTY TRUST INC is the larger business by last-quarter revenue ($194.8M vs $122.5M, roughly 1.6× GOLAR LNG LTD). FIRST INDUSTRIAL REALTY TRUST INC runs the higher net margin — 75.9% vs 25.7%, a 50.2% gap on every dollar of revenue. On growth, GOLAR LNG LTD posted the faster year-over-year revenue change (89.1% vs 10.0%).

First Potomac Realty Trust was a real estate investment trust that invested in industrial properties and business parks in the suburbs of the Washington metropolitan area. In 2017, it was acquired by Government Properties Income Trust.

Golar LNG owns and operates marine LNG infrastructure. The company had developed Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have now been completed for a larger newbuild FLNG solution. Golar is also collaborating with another industry leader to investigate solutions for the floating production of blue and green ammonia as well as carbon ...

FR vs GLNG — Head-to-Head

Bigger by revenue
FR
FR
1.6× larger
FR
$194.8M
$122.5M
GLNG
Growing faster (revenue YoY)
GLNG
GLNG
+79.1% gap
GLNG
89.1%
10.0%
FR
Higher net margin
FR
FR
50.2% more per $
FR
75.9%
25.7%
GLNG

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FR
FR
GLNG
GLNG
Revenue
$194.8M
$122.5M
Net Profit
$147.9M
$31.5M
Gross Margin
Operating Margin
39.4%
Net Margin
75.9%
25.7%
Revenue YoY
10.0%
89.1%
Net Profit YoY
179.7%
190.5%
EPS (diluted)
$1.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FR
FR
GLNG
GLNG
Q1 26
$194.8M
Q4 25
$188.4M
Q3 25
$181.4M
$122.5M
Q2 25
$180.2M
Q1 25
$177.1M
Q4 24
$175.6M
Q3 24
$167.6M
$64.8M
Q2 24
$164.1M
Net Profit
FR
FR
GLNG
GLNG
Q1 26
$147.9M
Q4 25
$78.8M
Q3 25
$65.3M
$31.5M
Q2 25
$55.2M
Q1 25
$48.1M
Q4 24
$68.4M
Q3 24
$99.4M
$-34.8M
Q2 24
$51.3M
Operating Margin
FR
FR
GLNG
GLNG
Q1 26
Q4 25
34.6%
Q3 25
37.0%
39.4%
Q2 25
31.7%
Q1 25
31.2%
Q4 24
40.1%
Q3 24
62.6%
-43.7%
Q2 24
31.8%
Net Margin
FR
FR
GLNG
GLNG
Q1 26
75.9%
Q4 25
41.8%
Q3 25
36.0%
25.7%
Q2 25
30.6%
Q1 25
27.2%
Q4 24
39.0%
Q3 24
59.3%
-53.7%
Q2 24
31.3%
EPS (diluted)
FR
FR
GLNG
GLNG
Q1 26
$1.08
Q4 25
$0.60
Q3 25
$0.49
Q2 25
$0.42
Q1 25
$0.36
Q4 24
$0.51
Q3 24
$0.75
Q2 24
$0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FR
FR
GLNG
GLNG
Cash + ST InvestmentsLiquidity on hand
$611.2M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$2.9B
$1.9B
Total Assets
$5.8B
$4.7B
Debt / EquityLower = less leverage
1.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FR
FR
GLNG
GLNG
Q1 26
Q4 25
$78.0M
Q3 25
$33.5M
$611.2M
Q2 25
$34.9M
Q1 25
$35.7M
Q4 24
$44.5M
Q3 24
$47.1M
$732.1M
Q2 24
$38.5M
Total Debt
FR
FR
GLNG
GLNG
Q1 26
Q4 25
Q3 25
$1.9B
Q2 25
Q1 25
Q4 24
Q3 24
$1.4B
Q2 24
Stockholders' Equity
FR
FR
GLNG
GLNG
Q1 26
$2.9B
Q4 25
$2.7B
Q3 25
$2.7B
$1.9B
Q2 25
$2.6B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.6B
$2.0B
Q2 24
$2.6B
Total Assets
FR
FR
GLNG
GLNG
Q1 26
$5.8B
Q4 25
$5.7B
Q3 25
$5.5B
$4.7B
Q2 25
$5.5B
Q1 25
$5.4B
Q4 24
$5.3B
Q3 24
$5.2B
$4.3B
Q2 24
$5.2B
Debt / Equity
FR
FR
GLNG
GLNG
Q1 26
Q4 25
Q3 25
1.01×
Q2 25
Q1 25
Q4 24
Q3 24
0.70×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FR
FR
GLNG
GLNG
Operating Cash FlowLast quarter
$149.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FR
FR
GLNG
GLNG
Q1 26
Q4 25
$461.3M
Q3 25
$124.6M
$149.0M
Q2 25
$126.1M
Q1 25
$88.6M
Q4 24
$352.5M
Q3 24
$105.5M
$62.6M
Q2 24
$107.7M
Cash Conversion
FR
FR
GLNG
GLNG
Q1 26
Q4 25
5.85×
Q3 25
1.91×
4.73×
Q2 25
2.28×
Q1 25
1.84×
Q4 24
5.15×
Q3 24
1.06×
Q2 24
2.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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